Business
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Asia stocks fall, dollar surges on Fed's optimistic tone
TOKYO - Asian stocks fell and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of optimism.
Recent Business News
Barclays sued by Saudi developer for $10 billion
NEW YORK - A Saudi real estate company has sued Barclays for $10 billion (6.24 billion pounds), claiming the bank ceased pursuing lease payments due from the Saudi government on military complexes in the kingdom in order to obtain a lucrative banking license there.
Hyundai Motor aims to sell 22,000 Aslan sedans in South Korea next year
SEOUL - Hyundai Motor said it aims to sell 22,000 of its new Aslan large sedans in South Korea next year, hoping the domestic-focused model will help it fend off German rivals in its lucrative home market.
Fed ends bond buying, shows confidence in U.S. recovery
WASHINGTON - The Federal Reserve on Wednesday ended its monthly bond purchase programme and dropped a characterisation of U.S. labour market slack as "significant" in a show of confidence in the economy's prospects. | Video
Brazil shocks with interest rate hike in wake of election
BRASILIA - Brazil's central bank raised interest rates on Wednesday, surprising investors with a bold move that signals President Dilma Rousseff could make more market-friendly policy changes after her narrow re-election victory on Sunday.
Visa sees mobile payment as big growth driver
- Visa Inc reported a better-than-expected adjusted quarterly profit and said the mobile payment industry would be "a great driver" for business, sending its shares up nearly 4 percent in extended trading.
- Europe
- U.S.
- Asia
- Sectors
| DOW | 16,974.31 |  -31.44 |
-0.18% |
| S&P 500 | 1,982.30 | -2.75 |
-0.14% |
| NASDAQ | 4,549.23 | -15.07 |
-0.33% |
| TR US Index | 179.45 | -0.32 |
-0.18% |
Sector Summary
| Energy | -0.03% |
| Basic Materials | -0.01% |
| Industrials |  +0.06% |
| Cyclical Goods & Services | +0.05% |
| Non-Cyclical Goods & Services | -0.01% |
| Financials | +0.05% |
| Healthcare | -0.01% |
| Technology | +0.01% |
| Telecoms | -0.02% |
| Utilities | +0.01% |
The housing market is changing. Should you rent or buy?
New data show that buying a home is a better deal than renting, but the devil is in the details.
Other Reports
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