SHANGHAI China said on Thursday more than half of new vehicles bought by central government departments will be new energy cars within five years, the official Xinhua news agency reported.
TOKYO Asian shares wallowed near three-week lows as investors braced for the U.S. payrolls report after other jobs-related data raised some doubts about the seemingly rosy picture on employment conditions in the world's no. 1 economy.
WASHINGTON/NEW YORK The Obama administration is issuing a long-delayed rule requiring the financial industry to identify the real owners of companies and proposing a bill that would require companies to report the identities of their owners to the federal government, U.S. officials said on Thursday.
SINGAPORE Gold looked likely to extend losses to a fifth straight session on Friday as the dollar rebounded ahead of U.S. non-farm payrolls data later in the session.
TOKYO Japan's three biggest banks are likely to flag lacklustre earnings for the current business year when they release forecasts this month, with loan income depressed by an economic stimulus policy that charges lenders to store money at the central bank.
BEIJING/HONG KONG The makers of China's excavators and bulldozers should be rejoicing: after two years of consecutive monthly declines, overall sales were up in the first three months of the year, while property sales and construction activity revived.
ISLAMABAD Pakistan is wooing foreign car makers like Renault and Nissan with generous import duties, but convincing them to set up factories will be an uphill challenge given fears about the country's long-term political stability and security.
TORONTO Canada's biggest bank is handing over to the government names of clients with “relationships or connections” to a Panamanian law firm at the centre of a massive leak of offshore financial data, national media reported on Thursday.
Cybersecurity firm FireEye Inc said on Thursday that Chief Executive David DeWalt would step down from that role on June 15 and be succeeded by President Kevin Mandia.
NEW YORK U.S. stocks ended steady on Thursday as a mixed quarterly earnings season winds down, but Treasury yields fell to two week lows as investors hedged positions ahead of the monthly U.S. government employment report due on Friday.