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|Asian shares sluggish as growth concerns trump Wall Street|
MSCI's broadest index of Asia-Pacific shares outside Japan was nearly flat in early trade. On Thursday, major U.S. indexes surged almost 1 percent or more as Apple Inc and Boeing Co extended their gains after strong earnings reports this week. U.S. jobless claims figures also helped, with the number of Americans filing new claims for unemployment benefits last week marking its biggest weekly decline since November 2012, falling to its lowest since April 2000. Japan's Nikkei stock average rebounded about 1 percent in early trade, a day after shedding 1.1 percent to mark its biggest one-day drop in two weeks.
|Google fourth-quarter revenue misses Wall Street target|
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's revenue grew 15 percent in the fourth quarter but fell short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates. Shares of Google edged up 0.1 percent to $510.66 in extended trading after an initial dip on the news. Google's advertising revenue has come under pressure as more consumers access its online services on mobile devices such as smartphones and tablets, where ad rates are typically lower. The growing popularity of mobile devices has made No. 1 social network Facebook Inc a greater threat in the battle for advertisers.