World stocks steady; Ifo briefly lifts euro

World stocks steadied just off this week's 10-month high on Wednesday while a closely-watched German survey, showing a bigger-than-expected improvement in business morale, gave the euro a brief shot in the arm.

Sony adds wireless e-reader as Kindle rival

Sony Corp unveiled its first wireless electronic reader, challenging Amazon.com Inc's momentum in the growing digital book market. At $399, Sony's "Daily Edition" is $100 more expensive than Amazon's basic Kindle but

Japan stocks hit 10-mth high

Japanese stocks rose to a 10-month high on Wednesday, driven by a modest shift into defensive sectors, while stocks in Shanghai turned positive on the week as investors cheered corporate results. Thin

Asia stocks edge up; eyes on oil and China

Asian stocks edged higher on Wednesday, with thin summer trading volumes keeping prices choppy and centred on short-term chart targets, while oil hovered near $72 a barrel, capped by a surprising rise