FOX News: Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 3 min 27 sec ago
Asian stock markets rose Monday, led by a 3 percent surge in Japan, as nerves about the outlook for the world economy steadied after big gains on Wall Street.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 3.4% ; Hong Kong (Hang Seng Index) up 0.8% ; Shanghai (Shanghai Composite Index) up 0.3% ; Sydney (S&P/ASX 200) up 0.9% ; Seoul (Kospi) up 1.5% Taipei (Taiex) up 1.7%
Hong Kong stocks joined the rest of Asia in solid gains early Monday, with the Hang Seng Index up 1%, and the mainland-China-tracking Hang Seng China Enterprises Index higher by 1.5%.
Japan's massive Government Pension Investment Fund (GPIF) is working on plans to raise the amount of its assets invested in domestic stocks to about 25%, the Nikkei reported Saturday.
Techs and auto makers led Japanese stocks to a solid rebound early Monday, based mainly on an easing for the yen and a positive cue from the U.S. markets.
Australian stocks rocked higher in early Monday trade as solid gains for U.S. shares last Friday and a halt to losses for key commodities helped to send the S&P/ASX 200 rising 1.2% in initial trades, stalking what would be the benchmark's fifth straight session of gains.
The New York comptroller says most voting shareholders backed his proposal that H&R Block disclose spending on political activities including candidates, parties, ballot measures and lobbying.
The daughter of Hustler publisher Larry Flynt has been seriously injured in an Ohio car accident and is hospitalized in critical condition.
Brussels Airport says it will begin screening passengers arriving from Ebola-stricken countries Guinea, Liberia and Sierra Leone.
Money really does grow on trees in New England in the autumn — and all six states are raking it in.
The bloody World War II drama "Fury" blew past "Gone Girl" at theaters this weekend.
By many measures, Republican Rick Scott has a strong case for a second-term as Florida governor.
The British government has banned a Qatari financier it accuses of funding al-Qaida from doing business in the U.K.
Sprint Corp. has cut 452 jobs from its Overland Park headquarters as part of a previously announced cost-cutting effort, the nation's third-biggest cellphone carrier disclosed in a filing with the Kansas Department of Commerce.
What a difference a month makes.
A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans: Should I refinance my mortgage? Across the country, homeowners and would-be homeowners eager for a bargain rate fired off inquiries to lenders.
Japan's trade minister has denied reports she plans to resign over allegations that she violated election laws.
Rebooting a slowing economy in a nation of 250 million where inequality is rising, a looming decision on raising fuel prices and vulnerability to any U.S. interest rate hikes would be enough to tax any incoming president.
Local officials say the Canadian coast guard has secured a towline to a Russian container ship carrying hundreds of tons of fuel that was drifting without power in rough seas off British Columbia's pristine northern coast.
The president of Frontier Airlines says a nurse who was on flights between Dallas and Cleveland and who later tested positive for Ebola may have been at a more advanced stage of the illness than previously thought.