Asian stocks dip, euro stuck near one-year lows

TOKYO - Asian shares drifted lower on Tuesday, with momentum from prior gains fading as investors were left short of cues with the U.S. markets closed on Monday, while the euro continued to probe one-year lows in the uncertainty over the European Central Bank's policy decision later this week.

Recent Business News

KKR sells final stake in China Modern Dairy for about $80 million - source

HONG KONG - U.S. private equity firm KKR & Co LP has sold its remaining stake in China Modern Dairy Holdings , raising around $80 million, a source with direct knowledge of the matter told Reuters on Tuesday.

2:17am BST

Japanese regular pay and bonuses rise in July, offer relief for PM Abe

TOKYO - Japanese summer bonuses rose in July and regular pay grew for the second straight month, government data showed, suggesting some firms are gradually raising wages.

Japan 3:06am BST

China anti-trust probes not protectionist, regulator says

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2:59am BST

Australia government spending dips 0.6 percent in second quarter

SYDNEY - Australian government consumption and investment spending fell 0.6 percent in the second quarter to an inflation-adjusted A$85.83 billion (47.82 billion pounds), the Australian Bureau of Statistics reported on Tuesday.

2:49am BST

Akzo Nobel CEO solicited for Axalta bid worth more than $7 billion - Bloomberg

- Akzo Nobel NV Chief Executive Ton Buechner has been solicited for a deal to buy car paint coatings company Axalta Coating Systems [FLDTH.UL] for more than $7 billion (4.21 billion pounds), Bloomberg reported citing people familiar with the matter.

12:42am BST
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How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.