Business

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Asia wavers, but Wall Street gains lend support 2:08am EST

TOKYO (Reuters) - Asian shares wavered between positive and negative territory on Friday, as a late earnings-led surge on Wall Street helped counter persistent concerns over global growth and sagging Chinese shares.  Full Article

 
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Oil prices slip as output remains high, producers slash costs 3:54am EST 

SINGAPORE (Reuters) - Oil prices dipped on Friday following slight gains in the previous session and analysts said the outlook remained weak, with production high and producers reducing operating costs to adjust to lower export revenues.  Full Article  

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Honda cuts profit target as Takata air bag recalls bite 2:07am EST 

TOKYO (Reuters) - Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty air bags made by Takata Corp.  Full Article