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Asian stocks rebound after upbeat China trade data

HONG KONG Asian stocks erased early losses and edged higher on Wednesday as strong China trade data bolstered bets of a recovering global economy, though gains were capped by caution ahead of a widely expected U.S. interest rate hike next week.

Recent Business News

Juniper's Gary Clark joins Tesla as chief information officer

Gary Clark, a former IT chief technology officer at Juniper Networks Inc , joined Tesla Inc in February as its chief information officer, according to Clark's LinkedIn profile.

Mar 07 2017

As criticism mounts, Uber seeks chief operating officer to temper CEO

Uber Technologies Inc [UBER.UL] Chief Executive Officer Travis Kalanick said on Tuesday the ride-services firm is looking for a chief operating officer to help run the company, which has been battered by a series of damning revelations about its culture and business tactics.

Mar 07 2017

Hyundai Motor redesigns Sonata to reverse falling sales

SEOUL South Korea's Hyundai Motor Co unveiled a redesigned Sonata on Wednesday, aiming to reverse a fall in sales of a model struggling to stand out in a shrinking saloon segment.

Mar 07 2017

China's ZTE pleads guilty, settles U.S. sanctions case for nearly $900 million

NEW YORK/HONG KONG Chinese telecom equipment maker ZTE Corp has agreed to plead guilty and pay nearly $900 million in a U.S. sanctions case, drawing a line under a damaging scandal that had threatened its cut off its supply chain.

12:57am EST

Fiat Chrysler still trying to resolve U.S. diesel emissions issue

GENEVA/WASHINGTON Fiat Chrysler Automobiles NV is still trying to win U.S. approval to sell 2017 diesel models as the U.S. government decides whether to take legal action, Chief Executive Sergio Marchionne said on Tuesday.

Mar 07 2017

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