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Asia stocks bounce, bonds benefit from the unknown

SYDNEY Asian shares were swept up in a global relief rally on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures.

Recent Business News

Pub firm Greene King cautions Brexit to weigh on consumer spending

Greene King Plc cautioned that uncertainty arising from the UK's decision to exit the EU would weigh on consumer sentiment, tacking on pressure on pub companies already grappling with intense competition for every pound in consumers' pockets.

Sport, 7:41am BST

Suzuki Motors says Brexit to have 'major' impact on earnings

TOKYO Suzuki Motor Corp on Wednesday said currency market volatility after Britain voted to exit the European Union would likely have a "major" impact on earnings, and that it would offset the impact by cutting costs and local procurement.

4:31am BST

German consumer morale brightens further heading into July

BERLIN German consumer morale reached its highest level in nearly a year heading into July, a survey showed on Wednesday, indicating that private consumption will continue to drive growth in Europe's biggest economy.

7:10am BST

Toyota recalls 2.86 million cars globally over emissions control unit

TOKYO Toyota Motor Corp on Wednesday said it was recalling 2.87 million vehicles worldwide over a possible fault with their evaporative fuel emissions control unit.

6:48am BST

Japan's Abe pledges broad policy support to weather Brexit shock

TOKYO Japanese Prime Minister Shinzo Abe on Wednesday pledged to use all available policy tools to keep the wheels of the economy turning as financial markets were gripped by uncertainty in the wake of Britain's shock vote to exit the European Union.

Japan 6:02am BST
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