Yen soars after Bank of Japan's Kuroda says currency already 'very weak'

The yen surged to a two-week high against the dollar on Wednesday, after the head of the Bank of Japan said the currency was unlikely to fall further because it was already "very weak", prompting investors to trim huge bets against the yen.


Apple introduces split-screen multitasking feature in iPad

Making iPad a more functional device for business productivity, Apple on Tuesday launched a split- screen real multitasking app that allows users to run two app side-by-side.

Merkel urges Germans to put aside fear of big data

Germans need to overcome their traditional fear of the large-scale collection of personal data by companies and instead embrace its opportunities or risk being marginalized in the global economy, Chancellor Angela Merkel said on Tuesday.

Facebook earns 51 percent of ad revenue overseas - executives

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.


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Italian Economy Minister Pier Carlo Padoan said on Tuesday he was confident a deal would soon be found to keep Greece in the euro zone and even if it did exit, the currency bloc was now much better placed to withstand the shock.
The technology giant Apple is set to introduce its sophisticated mobile payment system- Apple Pay in Britain this summer, according to a report by Telegraph, citing industry sources.
U.S. chief executive officers have become a bit more pessimistic in their outlook for the American economy in 2015 and fewer of them expect to increase sales, investment and hiring this year, a quarterly business group survey said on Monday.
Apple launched Apple Music on Monday, a $9.99-a-month streaming music service that may not differ dramatically from competitors but comes with Apple's deep music roots, global brand and hundreds of millions of iTunes customers.
Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers in San Francisco on Monday.
California-based Yahoo Inc will be shutting down its maps website and other services at the end of the month, Yahoo's chief architect, Amotz Maimon said in a blog post.
Photo-sharing app, PicsArt Photo Studio (PicsArt), which lets its 65 million plus active users creatively edit photos into works of art, has raised $15 million in new funding led by leading global private equity and venture capital firms, Insight Venture Partners and Sequoia Capital.
American Airlines Group Inc Chief Executive Doug Parker voiced concern on Sunday about the risk that capacity growth among airlines could depress profits, but told Reuters that in contrast with past cycles, the rise in capacity "feels different."
Boeing Co (BA.N) said it expects airline passenger traffic to rise more than 6 percent in 2015, possibly close to 6.5 percent, above its long-range forecast of about 5 percent.
Hungary has become the first European country to sign a cooperation agreement for China's new "Silk Road" initiative to develop trade and transport infrastructure across Asia and beyond, China's foreign ministry said late on Saturday.
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