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Dollar at 12-year peak on euro, emerging markets spooked

The U.S. dollar climbed to multi-year peaks against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion.


Mall owner Simon pushes rival Macerich to do a deal

Simon Property Group Inc (SPG.N) offered to buy Macerich Co (MAC.N) for $14.39 billion in a deal that would join the No. 1 and No. 3 U.S. shopping mall owners.

Holcim faces pressure to get better terms for Lafarge deal

Swiss company Holcim (HOLN.VX) came under pressure on Monday to secure improved terms for its shareholders in a planned merger with France's Lafarge (LAFP.PA) that would create the world's largest cement maker.

Alibaba taps Jeff Zhang to oversee consolidated retail division

Alibaba Group Holding Ltd appointed Jeff Zhang to oversee its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created "China Retail Marketplaces" division.


Latest News

An upstate New York man, who was set to face trial in May for attempting to defraud Facebook Inc and founder Mark Zuckerberg, is missing, his lawyer said on Monday.
On Tuesday, March 3, Norman Reedus has a night out in Los Angeles. The 46 year old "The Walking Dead" star visited Conan the same night and finally revealed why he like licking fans' faces.
The Young and the Restless introduce a new mysterious character, Joe Clark and rumor has it that Joe is none other than the sinister Matt Clark’s brother. Why is he hell bent to seek revenge over Dylan?
“The Hateful Eight” is set for release on November 13, 2015 but it won’t be a typical theatrical release since Quentin Tarantino wants his latest film to premiere on 70mm. The cast and crew films in Telluride, Colorado prompting economic boost to local businesses.
Leaked information have surface around the web that the next Google mobile OS update Android 5.1 Lollipop will come out soon. Devices seen running in test with the update includes Google Nexus 4, 5, 6, 7, LG G4, HTC One M7, and Motorola Moto G XT1033.
The March 9-13 spoilers teasers of General Hospital brings excitement to fans, as the soap will be filled with must-see drama on the ABC. General Hospital speculations have been around for weeks now that Luke's sister, Patricia Spencer, was making her way to Port Charles.
Apple Inc (AAPL.O) launched its long-awaited watch on Monday, including yellow or rose gold models with sapphire faces costing up to $17,000, but investors questioned whether Chief Executive Tim Cook's first product would be a breakaway hit.
Warning Greece it had "no time to lose", euro zone ministers agreed technical talks between finance experts from Athens and its international creditors would start on Wednesday with the aim of unlocking further funding.
The International Monetary Fund's bailout program for Ukraine assumes Kiev will be able to get $15.4 billion from talks with its creditors, according to four sources familiar with the IMF's documents.
Investors pulled $18.5 million from Bill Gross's Janus Global Unconstrained Bond Fund (JUCAX.O) in February, the first such cash withdrawal since the closely watched investor took on the portfolio in October, Morningstar said on Monday.