TOKYO Asian shares shed gains on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled a 13-year peak against the yen as it rallied on expectations the U.S.
Steve Easterbrook, the new chief executive of McDonald's Corp., on Wednesday said the success of his plan to revive the fast-food giant will hinge on many small things--like how long its restaurants toast the burger buns.
The Nasdaq Composite (RIXF) gained 73.84 points, or 1.5%, to 5106.59, the highest ever level, as its heaviest-weighted component, Apple Inc.(AAPL), climbed 1.9%.
TOKYO—Japanese retail sales jumped 5.0% from a year earlier in April, government data showed Thursday, regaining some ground after a tax-induced lull last year.
Exxon Mobil CEO Rex Tillerson again rebuffed criticism Wednesday that the company was not doing enough to cut carbon emissions, arguing that current climate models were not yet strong enough to justify a drastic shift away from fossil fuels.