AUSTRALIA

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Australia antitrust body clears Rio-Chinalco deal

Australia's competition watchdog cleared Rio Tinto Ltd's $19.5 billion tie-up with China's state-owned Chinalco, clearing one obstacle to a deal that still needs the approval of the finance minister.
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Australia competition body won't block Rio-Chinalco

Australia's competition watchdog cleared Rio Tinto Ltd's $19.5 billion tie-up with China's state-owned Chinalco, rejecting at least one key argument against a deal, which still needs the treasurer's approval.
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Asia stocks at 1-month high as bears squeezed

Asian stocks climbed on Tuesday, with banks extending gains on hopes the struggling global financial system is stabilizing, despite reports showing the U.S. economy is deteriorating further.
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Australia extends Chinalco-Rio deal probe

Australia on Monday extended its review of Chinese aluminum maker Chinalco's $19.5 billion investment in global miner Rio Tinto, as major Rio shareholders voiced growing concern over the deal.
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Asian shares retreat as rally proves fleeting

Japanese shares fell more than 2 percent on Thursday and other Asian markets were on the defensive as confidence in a rally this week proved fleeting in light of a shaky global economy and financial system.
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Air Asia X takes off in UK

Low-cost long-haul flights have returned to the UK with the launch of Air Asia X services from London to Kuala Lumpur.
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Nokia launches 3 music phones

Nokia unveiled three new music phones on Wednesday and laid out further expansion plans for its music service as the world's top cell phone maker seeks additional revenue streams.
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Citi hopes boost Asia stocks but China gloomy

Asia stocks rose on Wednesday after hopes Citigroup will deliver a first-quarter profit sparked an improvement in investor confidence, though grim Chinese export data sent dealers buying the U.S. dollar for safety.
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Citi hopes support Asia stocks but China weighs

Asia stocks rose on Wednesday after hopes Citigroup will deliver a first-quarter profit sparked an improvement in investor confidence, though grim Chinese export data sent dealers buying the U.S. dollar for safety.
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Asian stocks gain, recovery seen fragile

Asian shares outside Japan posted their best gains in a month on Tuesday while safe-haven flight to the dollar eased, but the moves were seen as only a momentary reprieve from a gloomy economic outlook.
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Asian stocks gain, but rise seen fragile

Asian shares rebounded on Tuesday from a three-session losing streak, while the safe-haven bid on the dollar retreated in moves seen as a momentary reprieve from concerns about the weak outlook for the global economy.
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Has recession trimmed CO2 output? We'll know by 2010

The financial crisis has slashed industrial output and trade but it will be months before there is an accurate picture of how much the downturn has curbed greenhouse gas emissions, two leading scientists said on Friday.
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Japan hits 25-year low, but China hopes help Asia

Japan's broad TOPIX stock index slid to a 25-year low on Friday after a warning from General Motors about possible bankruptcy slammed Wall Street, but hopes for more stimulus spending in China limited losses in most Asian markets.
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Asia stocks slide on Wall St woes, fall limited

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.
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Asia stocks slide as Wall St hits 12-year low

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.
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Beatles fans to get videogame September 9

Fans of The Beatles who have always wanted to sing alongside John and Paul, or rock with George and Ringo, will finally get their chance on September 9 when the band's much-anticipated videogame hits the shelves.
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Euro slips as rate cut seen, Asia stocks falter

The euro and sterling slipped on Thursday ahead of expected rate cuts in Europe and the UK, while most Asian stock markets gave up early gains on disappointment that China did not announce new stimulus plans.
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Asia stocks slip on bank fears

Asian stocks edged lower for a fifth day while the U.S. dollar rose to a three-year high against a basket of currencies on Wednesday, after Federal Reserve Chairman Ben Bernanke gave a grim view on the financial sector.

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