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Asian stocks near 2015 lows on China worry, dollar steadies

HONG KONG/TOKYO An index of Asian shares outside Japan fell close to this year’s lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of currencies. In li... More »

Taiwan courts tech start-ups to drive economic growth

TAIPEI Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan’s economic growth. In just three years, the start-up, which counts Japan’s Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC C... More »

Asia shares wilt as China tanks, euro awaits Greece summit

TOKYO Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union. Chinese shares fell more than 5 percent ... More »

China stock slide adds to Greek jitters- yen, bonds in favor

HONG KONG Asian shares held near five-month lows on Tuesday after Chinese stocks took another leg down while safe-haven assets received a boost as investors nervously awaited further developments in the deepening euro zone crisis. China’s stocks .SSEC tumbled ... More »

U.S. stock futures up, euro sags as markets eye Greece

TOKYO U.S. stock futures edged up and the euro sagged in early Asian trading on Tuesday as Greece lurched toward defaulting on a debt payment due later in the session, raising the likelihood of the cash-strapped nation’s exit from the euro zone. Greece will no... More »

U.S., euro zone business growth slower, China contracts

LONDON/NEW YORK U.S. and euro zone business growth slowed in May while China’s factory sector contracted again, reinforcing the need for major central banks to continue supporting economic growth. The U.S. Federal Reserve is seen unlikely to tighten monetary p... More »

At Sharp, decline marked by over-confidence, drift

TOKYO In private conversations early last year, executives at Japanese display maker Sharp Corp dubbed their new client “winning horse”, reckoning fast-growing Chinese smartphone maker Xiaomi would be a sure and lucrative bet. Within months, however, Sharp fou... More »

Nokia denies return to phone manufacturing

HELSINKI (Reuters) – Finland’s Nokia denied reports in Chinese media that it planned to return to manufacturing phones. “Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in Ch... More »

China to probe state TV host for insulting Mao Zedong

BEIJING (Reuters) – China’s main state broadcaster, CCTV, will investigate one of its anchors after a video of him insulting the founder of modern China, Mao Zedong, went viral on social media sites. Mao, who died in 1976, remains a divisive figure. His image ... More »