SYDNEY (Reuters) - Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing overshadowed better news from Japan, while the U.S.
Bank of America has agreed to pay nearly $17 billion to settle federal and state allegations it sold risky, mortgage-backed securities to investors before the national financial crisis, a person familiar with the matter said Wednesday.
The annual August summits of the world's top central bankers in Jackson Hole, Wyoming, have a dramatic mountain backdrop, but the conference titles are not exactly works of blockbuster film writers.
The dollar extended its gains against the yen during Asian trading Thursday after the minutes of the latest meeting of the Federal Open Market Committee sounded a more hawkish tone.
Executives sounded upbeat about a strong start to the back-to-school shopping season Wednesday as they discussed the retailer's latest quarterly results.