TOKYO - Asian shares got off to a lacklustre start on Monday, after rising inflation and a hawkish tone from the U.S. Federal Reserve Chair rekindled expectations that the Fed is on track to hike interest rates.
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SINGAPORE - Crude oil futures edged up on Monday, buoyed by healthy Asian appetite and demand from the U.S. driving season.
TOKYO - The dollar hovered at a two-month high versus the yen and stood firm against other peers after surging on a higher-than-expected U.S. core consumer price index that supported the Federal Reserve's case for a rate hike later this year.
NEW YORK - Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday.
NEW YORK - Coca-Cola Co has extended its partnership with Speedway Motorsports Inc through 2020, renewing Coca-Cola's status as the official beverage provider for seven Speedway Motorsports facilities.
BRUSSELS - Excessively high patent fees could damage European business, the EU industry chief has warned, saying the focus should be on helping start-ups and small companies rather than raking in revenues to top up budgets.