Hedge funds specializing in bets on mergers and acquisitions are starting to see investors withdraw funds, prompting them to take a more cautious approach after being caught out by more than 500 corporate deals globally failing this year.
Regions
U.S. government warns on bug in Apple's iOS software
The U.S. government warned iPhone and iPad users on Thursday to be on the alert for hackers who may exploit a vulnerability in Apple Inc's (AAPL.O) iOS operating system that would enable them to steal sensitive data.
Virtu aiming for spring 2015 IPO - sources
Electronic trading company Virtu Financial LLC hopes to go public in the spring, about a year after it originally planned its market debut, two sources familiar with the matter said on Thursday.
Dollar holds near 7-yr high vs yen, Japan politics in spotlight
The dollar stood tall against the yen in early Asian trade on Friday, not far from this week's seven-year high as investors continued to monitor whether Japan's leader would call an election and delay a sales tax hike.
Fed's Dudley: expectations for mid-2015 rate lift-off reasonable
Market expectations that U.S. interest rates will start to lift off sometime in mid-2015 are reasonable, New York Federal Reserve President William Dudley said on Thursday.
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Sony Network Entertainment International LLC, a unit of Sony Corp of America, unveiled a new cloud-based TV service, PlayStation Vue, expected to be commercially launched during the first quarter of 2015.
Samsung Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end devices with curved screens full of advanced technology that's tough for rivals to replicate.
U.S. stocks inched higher shortly after the open on Thursday, as the Dow and S&P touched new record intraday highs following earnings from Wal-Mart and data on the labor market.
The number of Americans filing new claims for unemployment benefits rose more than expected last week, yet it remained near a 14-year low in a reminder that the labor market appears to be moving toward full health.
Germany's Fresenius Medical Care (FMEG.DE) said it agreed to take over Cogent Healthcare, a U.S. provider of specialist physicians to hospitals, as part of its drive to offer additional services linked to its core business of kidney dialysis.
A large group of professional forecasters cut their outlook for euro zone inflation and growth, underlining a trend that could prompt the European Central Bank to take more policy action to kick-start the region's flagging economy.
Three of China's top 10 banks plan to issue up to 60 billion yuan ($9.79 billion) of preference shares by the end of the year, according to filings with the Shanghai Stock Exchange.
China's Prime Minister Li Keqiang proposed a friendship treaty with Southeast Asian countries and offered $20 billion in loans on Thursday but held firm on the line that Beijing will only settle South China Sea disputes directly with other claimants.
Japanese financial services provider Orix Corp (8591.T) said it would buy accounting software maker Yayoi Co from private equity firm MBK Partners for more than 80 billion yen ($691 million), as it tries to expand its customer base into smaller companies.
