SYDNEY (Reuters) - Asian shares recouped early losses on Friday as sentiment in the region proved resilient to Portuguese bank concerns amid signs offshore funds were returning to emerging world assets.
A farmhand adjusts a milking device as dairy cows are milked in a rotary milking parlor at a farm operated by Synlait Milk in the town of Rakaia, New Zealand.
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
(Reuters) - Billionaire activist investor Carl Icahn said on Thursday that it is time for U.S. stock market investors to tread carefully after the run-up on Wall Street.
Five months after workers at a Volkswagen AG (VOW) car factory in Tennessee voted against forming a union, the United Auto Workers said it would open a local office there that could lead to the creation of a German-style worker council.