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FAA close to fine against American Airlines

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airlinesWASHINGTON/CHICAGO (Reuters) -The U.S. government is close to proposing a substantial fine against American Airlines, a unit of AMR Corp, for alleged maintenance and inspection violations that led to the grounding of hundreds of planes and the cancellation of thousands of flights in 2008.

Japan shares fall, dollar pauses ahead of data

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(Reuters) - Japanese shares closed at their lowest level in eight months on Tuesday and the dollar hovered near a 15-year year low against the yen on concerns of a global slowdown ahead of data from the United States and Europe.

Retail banks making less from customers

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customers(Reuters) - Retail banks are making less profit on average from customers since the financial crisis as price-sensitive consumers shop around and become more demanding, according to a report released on Monday.

China stocks tumble on property and drag down Asia

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drag(Reuters) - Chinese stocks fell 2 percent on Tuesday on reports that Beijing will not relax tougher property measures any time soon, weighing on the Australian dollar and curbing early gains in Asian shares.