IBT Staff Reporter

Asian shares fell on Monday as uncertainty remained over how euro zone leaders would respond to mounting funding difficulties for European banks, and an apparent failure by U.S. politicians to agree on deficit reduction hurt sentiment.

Australia's minority government won support from two key independents for its controversial 30 percent tax on iron ore and coal mines on Monday, meaning the laws should have the numbers to pass through parliament.

Chinese Vice-Premier Wang Qishan warned Monday that the global economy remains in a grim state and that an unbalanced recovery might be the best option, at talks where senior U.S. officials warned of a souring mood at home toward China.

Chinese Vice-Premier Wang Qishan said the global economic outlook remains grim, and that China and the United States should work together to achieve balanced economic growth.

India's federal police on Saturday conducted searches at Vodafone's Indian unit and Bharti Airtel's offices seeking details on spectrum allocation by the government to operators between 2001-02.

Employees at Japan's Olympus Corp are feeling shock, anger and betrayal as they watch the public humiliation of a company to which many have devoted their working lives.

Ted Forstmann, the billionaire private equity investor and philanthropist, died on Sunday of brain cancer. He was 71.

Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.

Shares in Japan's Olympus Corp jumped more than 15 percent in early trade Monday on persistent speculation that the disgraced maker of cameras and endoscopes may avoid delisting despite the accounting scandal engulfing it.

Shares in Japan's Olympus Corp jumped more than 15 percent in early trade Monday on persistent speculation that the disgraced maker of cameras and endoscopes may avoid delisting despite the accounting scandal engulfing it.

Japan's exports fell at the fastest pace in five months in the year to October and the worse than expected result signaled more weakness ahead as a strong yen and sputtering global growth weigh on the recuperating economy.

Top German automaker Volkswagen AG is confident of selling more than two million cars in China this year and expects its growth to be faster than the industry's pace in coming years in the world's largest car market, its China chief said on Monday.

Michel Barnier, the European Union's markets commissioner, said on Sunday he was in favor of euro zone countries pooling their debt together but warned that tougher oversight of national budgets was needed first.

Mila Kunis made a Marine's YouTube wish come true on Friday night, when the actress kept her promise to be his date at the Marine Corps Ball in Greenville, North Carolina.

Japan's exports fell at the fastest pace in five months in the year to October, underscoring mounting concerns that sputtering global growth and a strong yen will take their toll on the world's No.3 economy as policymakers brace for contagion from the euro zone debt crisis.

A brutal year for global investors may get even worse this week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping U.S. budget deficit.

Wall Street is in for a volatile week as escalating problems in Europe's debt crisis continue to keep investors on their toes.

Sidney Crosby will play in the Pittsburgh Penguins home game against the New York Islanders Monday night.

Three weeks after MF Global's collapse, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still frozen.

Three weeks after MF Global's collapse, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still frozen.

Ghost towns and graves have been found in the remnants of Texas lakes that have tried up.

Three weeks after MF Global's collapsed, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still frozen.

Three weeks after MF Global's collapsed, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still frozen.

When it comes to holiday shopping, more people are phoning it in, forcing retailers to embrace new ways to connect or else lose sales.

World of Warcraft will be celebrating its seventh anniversary on Nov. 23, and players are being rewarded with gifts.

Wall Street is in for a volatile run this week as escalating problems in Europe's debt crisis continue to keep investors on their toes.

There were plenty of offensive fireworks in the Toronto Maple Leafs 7-1 thrashing of the Washington Capitals on Saturday but none of them off the stick of misfiring sniper Alexander Ovechkin.

Canada and Mexico won a trade case against a U.S. law on meat labeling at the World Trade Organization on Friday.

Defense chiefs from the United States and Canada said on Friday that budgetary pressures would not derail development of the F-35 Joint Strike Fighter, saying there was no real alternative to what has become the Pentagon's costliest weapons program.