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TOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low. Full Story
Top Headlines
China factory activity hits nine month low, policy action eyed
Britain, France face EU action over high Eurostar charges
Bernanke says Fed likely to reduce bond buying this year
Sony to consider Third Point's proposal: Sony CEO Hirai
TOKYO (Reuters) - Sony Corp CEO Kazuo Hirai said on Thursday that the electronics firm's board will consider hedge fund Third Point's suggestion to spin-off the electronics company's profitable entertainment arm. Full Story
TOKYO (Reuters) - Sony Corp CEO Kazuo Hirai said on Thursday that the electronics firm's board will consider hedge fund Third Point's suggestion to spin-off the electronics company's profitable entertainment arm. Full Story
SNB welcomes UBS, Credit Suisse capital steps, warns on housing market
ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse <CSGN.VX> and UBS <UBSN.VX> to bolster their capital, and warned it could take further action to prevent what it sees as lax mortgage lending in Switzerland. Full Story
ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse <CSGN.VX> and UBS <UBSN.VX> to bolster their capital, and warned it could take further action to prevent what it sees as lax mortgage lending in Switzerland. Full Story
Analysis: Sprint should raise Clearwire bid to avoid Dish tension
NEW YORK (Reuters) - Sprint Nextel Corp should consider raising its offer price for Clearwire Corp or risk being saddled with a contentious relationship with Dish Network Corp, controlled by feisty billionaire Charlie Ergen. Full Story
NEW YORK (Reuters) - Sprint Nextel Corp should consider raising its offer price for Clearwire Corp or risk being saddled with a contentious relationship with Dish Network Corp, controlled by feisty billionaire Charlie Ergen. Full Story
Icahn reiterates commitment for Dell buy
NEW YORK (Reuters) - Carl Icahn reiterated his interest in owning Dell Inc and said the $5.2 billion in financing he's putting together to back his bid for the company continues to move forward as planned. The comments came in a telephone interview Tuesday, echoing statements he made earlier in the day in an open letter to Dell shareholders. Full Story
NEW YORK (Reuters) - Carl Icahn reiterated his interest in owning Dell Inc and said the $5.2 billion in financing he's putting together to back his bid for the company continues to move forward as planned. The comments came in a telephone interview Tuesday, echoing statements he made earlier in the day in an open letter to Dell shareholders. Full Story
