IBT Staff Reporter

46561-46590 (out of 154954)

Asian Stocks Rise on Upbeat Data, Spanish Bond Auction

Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.

Asian stocks up on upbeat data, Spanish auction

Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.

Olympus Offices Reported Raided by Tokyo Authorities

Japanese prosecutors raided Olympus Corp units on Wednesday in connection with a huge accounting scandal that has threatened the existence of the 92-year-old maker of cameras and medical equipment, Japanese media reported.

Asian stocks on upbeat data, firm Spanish auction

Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt, with investors' focus turning to a European Central Bank's tender as a gauge for euro zone funding strains.

Jabil sees Q2 largely below estimates, shares fall

Contract manufacturer Jabil Circuit Inc posted quarterly revenue below analysts' estimates as its large customers battled inventory pile-ups, and sees lower revenue in the second quarter from its high-velocity segment which services digital products.

China Premier says banks must ease pain for business: reports

China's Premier Wen Jiabao has told the nation's banks to clean up lending policies that have left some businesses struggling with excessive borrowing costs as slowing export growth and other pressures eat into profits, state newspapers said on Wednesday.

Japan to take over two thirds stake in Tepco: report

The Japanese government plans to take a stake of more than two-thirds in Tokyo Electric Power Co <9501.T> in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, the Yomiuri newspaper said on Wednesday.

The new Miramax: $325 million in new business

In the year since buying the most valuable contemporary film library on the market, the new owners of Miramax have closed $325 million in new licensing agreements while resisting the urge to start making movies, according to Miramax executives.

Fincher repeats himself in overly familiar Dragon Tattoo

I feel like the last person on earth not to have read Stieg Larsson's Millennium trilogy. Over the last few years, I've watched mystery buffs and non-readers alike lugging around the adventures of Lisbeth Salander before eagerly watching the Swedish film adaptations at the movies or on DVD, but the whole phenomenon has been a dog whistle that I never heard until seeing David Fincher's much-anticipated The Girl With the Dragon Tattoo.

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