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A currency trader walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 15, 2020. Asian shares sank on Tuesday after a lackluster day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic.
(AP Photo/Lee Jin-man)

Asian shares decline following lackluster day on Wall Street

Dec. 14, 2020 10:53 PM EST

Asian shares sank on Tuesday after a lackluster day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic. Japan’s benchmark Nikkei 225 index fell after Prime Minister Yoshihide Suga...

FILE - In this Monday, Sept. 9, 2019, file photo, CEO of Volkswagen Herbert Diess introduces the new VW ID.3 at the IAA Auto Show in Frankfurt, Germany.(AP Photo/Michael Probst, file)

Volkswagen board issues vote of confidence in CEO Diess

Dec. 14, 2020 3:31 PM EST

FRANKFURT, Germany (AP) — The board of automaker Volkswagen has given CEO Herbert Diess a public show of support for his push into digital and electric cars after media reports Diess had clashed with the company's powerful labor representatives over issues including top personnel decisions. The board...

A currency gestures as he talks with his colleagues at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Dec. 14, 2020. Shares were mostly higher in Asia on Monday as the Bank of Japan's quarterly

Asia shares up as strong Japan data offsets Wall St losses

Dec. 13, 2020 10:53 PM EST

Shares rose in Asia on Monday, shrugging off a weak close last week on Wall Street after Japan's central bank reported a strong improvement in business sentiment. Tokyo’s Nikkei 225 climbed 0.5% and shares were also higher in Shanghai, Seoul and Sydney. Hong Kong’s Hang Seng declined. The...

FILE - In this March 1, 2020, file photo, a department store employee with a mask dresses a mannequin in Tokyo. A quarterly survey by the Bank of Japan shows business sentiment has improved sharply with expectations that the economy is recovering from a year-long recession.(AP Photo/Jae C. Hong, File)

Japan 'tankan' business survey shows optimism over recovery

Dec. 13, 2020 9:59 PM EST

A quarterly survey by the Bank of Japan shows business sentiment has improved sharply with expectations that the economy is recovering from a year-long recession. The BOJ’s “tankan” released Monday reported rebounds in all categories, both manufacturing and nonmanufactuing companies, large...

File - In this Tuesday, March 5, 2019, file photo, an employee in protective clothing works with a steel pouring ladle during a guided media tour at the steel producer Salzgitter AG in Salzgitter. A closely watched survey shows that business confidence in Germany, Europe’s biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial shutdowns across the continent. (AP Photo/Markus Schreiber, file)

German business confidence down for 2nd consecutive month

Nov. 24, 2020 6:24 AM EST

BERLIN (AP) — Business confidence in Germany, Europe's biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial shutdowns across the continent, a closely watched survey showed Tuesday. Still, the decline was smaller than economists had...