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Apple to abandon development of wireless routers

Apple began shutting down the wireless router team over the past year, dispersing engineers to other product development groups

Boral buys Headwaters for $1.8 billion

Boral will pay $24.25 per share, 21 per cent more than Headwater's closing price on Friday

Yuan tumbles, banks cut forecasts

The currency fell to 6.8729 against the greenback, the weakest level since Dec 2008

Singapore to test digital currency in latest fintech initiative

The "proof-of-concept" project is aimed at simplifying the payments process and reducing transaction costs, says Ravi Menon

New Balance created its PR crisis. Neo-Nazis aren't helping

Rejecting white supremacists' praise, the firm says it "does not tolerate bigotry"

Cooperation only choice for US-China ties: Xi Jinping

Xi told Trump by telephone on Monday that the two powers benefited from working together

China SUV maker begins upscale climb with luxury brand

Wei Jianjun's Great Wall Motor Co will unveil its WEY brand on November 16

Alibaba tops Singles' Day record despite sales growth slowdown

Sales on its e-commerce platform climbed 32% to 120.7 billion yuan

China's yuan set for steepest weekly loss since January

The yuan fell 0.05 per cent to 6.8121 per dollar as of 5:33 pm in Shanghai

Trump team considering Dimon for treasury secretary

Donald Trump's advisers are considering JPMorgan Chase & Co CEO Jamie Dimon for treasury secretary, says report

As art market contracts, auction houses look East

Christie's and its rivals are all chasing Asian buyers with private sale of paintings

Baseball player or BoJ governor?

Alphabet reveals hardware inventory numbers for first time

Alphabet reported Thursday that its inventory was $491 million at the end of 2015, likely reflecting Nest hardware

Dalian Wanda buys Dick Clark Productions

The purchase will be Wanda's first entry into television production, Wang's entertainment, real estate and finance conglomerate said in a statement

Get ready for some cashew sticker shock

Donald Trump has lit a fire under the gold market

A possible victory for Trump is buoying bullion prices amid concern that his presidency will hurt growth

CenturyLink to buy Level 3 for $34 billion

The acquisition values Level 3 at $66.50 a share, the companies said in a statement on Monday

Bloomberg view: Don't let the FBI's e-mail surprise swing the election

FBI is reviewing some messages involving a close Clinton aide to see if they contained classified information

GE, Baker Hughes partnership a win-win for both

Talks signal the companies are seeking ways to enhance cooperation and boost value

China banks test regulator's patience, cut crisis buffers

ICBC and Construction Bank both reported loan-loss coverage ratios below a regulatory minimum of 150 percent of existing nonperforming loans when they disclosed third-quarter earnings