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Wall Street edges higher after Fed; Dow sets record

NEW YORK: U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement.

Adidas shares jump on report of hedge fund activism

MUNICH (Reuters) - Shares in sportswear maker Adidas jumped on Wednesday on a report that a group of hedge funds is seeking to buy a stake to pressure management to make sweeping changes, although one of the funds dismissed this.

Asian shares mostly up on China bank report

HONG KONG: Asian markets mostly rose Wednesday, with Hong Kong and Shanghai boosted by a report that China's central bank had pumped US$81bil into the country's five biggest lenders, while traders also awaited a US Federal Reserve policy decision.

KLCI closes in the red, blue chips weigh

KUALA LUMPUR: The FBM KLCI extended its losses on Wednesday's close, down nearly four points dragged by select blue chips and lack of fresh buying interests.

iPhone comes out of a "bygone era", reviewers hail bigger handset

Bigger is better and Apple Inc has finally realised that and given iPhone users a product that may be low on novelty but high on improvements, reviewers wrote.

Leonardo DiCaprio is a UN Messenger of Peace

The award-winning actor has been honoured for his work on raising awareness on enviromental issues.

Asia shares rise in early trade Wednesday

SYDNEY: Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session.

US stocks climb as expectations shift on Fed policy

NEW YORK: U.S. stocks rose on Tuesday and the S&P notched its best performance in a month after a report shifted investor expectations for the Federal Reserve's policy statement due on Wednesday.

Brazil's Neves - An insider in an election about change

BELO HORIZONTE/SAO PAULO Brazil (Reuters) - The handsome, accomplished grandson of one of Brazil's most beloved politicians, Aecio Neves has been preparing his whole life to be president, friends say.

Asian shares cautiously edge higher in early trade Tuesday

TOKYO: Asian shares cautiously edged higher on Tuesday as investors awaited a U.S. Federal Reserve meeting beginning later in the session, as expectations of a more hawkish Fed stance on monetary policy underpinned the dollar.