Asian stocks gain before China data, Europe rate meeting
Youkyung Lee, AP Business Writer 2:51 a.m. EDT October 18, 2016Currency dealers work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Oct. 18, 2016.(Photo: Ahn Young-joon, AP)SEOUL, South Korea - Asian stock markets rose Tuesday ahead of China’s release of quarterly growth data and a policy meeting of the European Central Bank later in the week.KEEPING SCORE: Japan’s Nikkei 225 added 0.1 percent to 16,920.86 while South Korea’s K..>> view originalUS airlines booking services resume after Sabre fixes tech glitch
Sabre Corp said on Monday it had fixed a technical issue that affected booking services of its U.S. airline partners such as Southwest Airlines Co, Virgin America and JetBlue Airways Corp.Customers of these airlines were unable to book or modify existing reservations due to a temporary outage of Sabre's computer systems.A spokeswoman from Sabre said the outage of a pricing engine impacting some of its airline and travel agent customers had been resolved and the systems were back in recovery m..>> view originalJudge to hear objections to $10B Volkswagen emissions deal
Markus Schreiber Judge to hear objections to $10B Volkswagen emissions deal FILE - In this Oct. 5, 2015, file photo, the VW sign of Germany's Volkswagen car company is displayed at the building of a company's retailer in Berlin. U.S. District Judge Charles Breyer has scheduled a hearing Tuesday, Oct. 18, 2016, to determine whether the deal is fair to consumers and should receive final approval. More than two dozen people have signed up to address the judge, who may not issue a decis..>> view originalIBM Shares Fall Despite Higher-Than-Expected Sales
International Business Machines posted better-than-expected third-quarter revenue on Tuesday, helped by growth in the company’s cloud and analytics businesses. Under Chief Executive Ginni Rometty, the technology services company has shifted toward more profitable areas, such as cloud services, artificial intelligence, analytics, and security while trimming its traditional hardware and services businesses. Revenue from those areas, which the company calls “strategic imperatives,” rose 16% to $8 ..>> view originalChina Warned Crown, Others About Marketing to Gamblers Last Year
Chinese authorities warned Crown Resorts Ltd. last year to halt its efforts to attract high rollers from the mainland to gamble overseas, according to a person familiar with the government’s move to detain 18 of the Melbourne-based company’s employees.China confirmed on Monday that staff members of Crown Resorts were being held in Shanghai for alleged gambling-related crimes, a development that sent the company’s shares plunging. Crown Resorts was among companies that received warnings after Ch..>> view originalAsian stocks extend rise in light volume; Aussie shines
HONG KONG Asian shares extended gains on Tuesday, pulled higher by financials and a rebound in oil prices, while the Australian dollar hit a two-week high as investors trimmed expectations for a central bank rate cut this year.Despite the bounce in risk-sensitive assets in Asia, volumes were light with markets hugging well-worn trading ranges. Investors are now awaiting China data due this week, including the September quarter gross domestic product on Wednesday, after last week's trade figure..>> view original
Saturday, November 5, 2016
Asian stocks gain before China data, Europe rate meeting and other top stories.
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