MARKETS / FINANCE

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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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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.
A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Markets Decline On Weak Japan Data

Asian markets fell Thursday as investor confidence was weighed down by the report that Japan's trade deficit increased in August, raising more concerns about the faltering global economy.

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