TOKYO - Asian shares rose on Wednesday as investors watched to see the next step as Greece fell into arrears after failing to make a debt repayment on Tuesday.
BEIJING—China's economy showed signs of flagging in June, with gauges of factory activity missing market expectations and suggesting weakening momentum in the world's second-largest economy.
Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up.
Nike co-founder Phil Knight, who built the iconic athletic gear brand from a small-scale shoe business, will step down as chairman next year, the company announced on Tuesday.
A divided federal appeals court on Tuesday said Apple Inc orchestrated a conspiracy with five publishers to increase ebook prices, in a victory for the U.S.