KUALA LUMPUR (REUTERS) - Malaysian billionaire Vincent Tan is exploring an IPO of UK football team Cardiff City as early as this year, people with knowledge of the matter told Reuters, in a deal that would follow the team's recent promotion to the Premier League.
BANGKOK (AP) - Asian stock markets staged a mild recovery on Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.
TOKYO (AFP) - Tokyo stocks surged on Friday morning, staging a rebound from the previous day's plunge, the worst one-day drop for the benchmark Nikkei index since Japan's March 2011 quake-tsunami disaster.
CINCINNATI (AP) - Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer products maker tries to spur global growth.
WASHINGTON (REUTERS) - US regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in web display advertising, breaks antitrust law in how it handles some advertising sales, a source told Reuters.