BUSINESS

Stimulus Optimism Lifts US Stock Futures

Traders work on the floor of the New York Stock Exchange on May 1, 2012.
The U.S. stock index futures point to a higher open Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to rejuvenate global economic growth momentum.
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An investor checks stock information with a computer at a brokerage house in Hefei

Asian Markets Gain On Stimulus Optimism

Most of the Asian markets rose Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to bolster the global economic growth.
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Asian Shares Steady On Weak Data

Asian shares and the euro steadied Friday as markets consolidated after recent sharp moves triggered by central banks' stimulus steps.
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Obama Solidifies Lead Over Romney, Post-Convention

President Barack Obama maintains a lead of 5 percentage points over Republican Mitt Romney as he solidifies his advantage in the U.S. presidential race, according to a Reuters/Ipsos poll released on Thursday.
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iOS 6's Passbook Embraced By StubHub, Ticketmaster, Starbucks: Will Apple’s New App Surpass NFC As The Standard For Mobile Payments?

Shortly after Apple's launch of iOS 6 on Wednesday, developers are already flocking to the new operating system's organized mobile payments storage application, Passbook. With major online ticket retailers and services like StubHub, Ticketmaster, and Fandango all jumping on the Passbook bandwagon, Apple may have gained an early lead in the mobile payment marketplace even as new enterprising operations like Square and eBay try their hands at integrating credit card transactions with smartphones and mobile devices.
A trader reacts in front of the DAX index board at Frankfurt's stock exchange

European Stocks Fall On Weak China, Japan Data

European markets fell Thursday as investor confidence was weighed down by the global economic concerns following the increasing trade deficit of Japan and China’s disappointing manufacturing activity.

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