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  • Asian shares shine on U.S. tech results, ECB hopes
    MSCI's broadest index of Asia-Pacific shares outside Japan extended gains and was up 0.9 percent, while Japan's Nikkei stock average (.N225) added 1.7 percent, rebounding from Tuesday's 2 percent drop. Asian sentiment also got a lift from the European Central Bank's plan to buy corporate bonds, a step that would help banks free up more of their balance sheets for lending. The ECB might decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told Reuters.
  • Faulty airbags warning expanded to 6.1. million U.S. cars: NHTSA
    The U.S. highway safety regulator, NHTSA, expanded its warning on Tuesday about faulty airbags made by Japanese auto-part maker Takata to 6.1 million vehicles in the United States. "The National Highway ...
  • Yahoo ekes out third quarter revenue gain despite display ad weakness
    Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company's online display advertising business continued to struggle. Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday. “This is a continuation of what we’ve seen for most of the last two years," said Pivotal Research Group analyst Brian Wieser, citing the ongoing weakness in the display advertising business. Yahoo's revenue, excluding fees shared with partner websites, was $1.094 billion in the three months ended Sept. 30, a 1 percent increase from $1.081 billion in the year ago period.

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