U.S. multinationals fear fallout from U.S.- China audit row

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Detroit’s historic bankruptcy trial to beginComments Off

Lawyers for Detroit will attempt to convince a federal judge at the city’s bankruptcy trial that its plans to wipe out billions of dollars in debt should be approved.

Australia Holds Interest Rates Steady For 13th MonthComments Off

Australia’s central bank once again held its benchmark cash rate steady at 2.5% Tuesday and said current policy remained appropriate for the near future.

Asia Stocks: Latest QuotesComments Off

Here are the latest trading levels for Asia’s major stock markets: Tokyo (Nikkei Average) up 1.3% ; Hong Kong (Hang Seng Index) down 0.2% ; Shanghai (Shanghai Composite Index) up0.3% ; Sydney (S&P/ASX 200) up 0.1% ; Seoul (Kospi) down 0.6% Taipei (Taiex) down 0.9% Copyright © 2014 MarketWatch, Inc.

Survey: Foreign companies in China feel ‘targeted’Comments Off

An American business group warned Tuesday that foreign companies in China feel increasingly targeted for unfair enforcement of anti-monopoly and other laws and said investment might decline if conditions fail to improve.

Australia Stocks Inch Down With Big Banks WeakComments Off

Australia stocks tipped lower in early Tuesday trading under the influence of weakness in the largest banks and miners, with the S&P/ASX 200 down 0.1%.

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