JAPAN

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Asian leaders seek to reduce Western trade ties

Asia-Pacific leaders called on Sunday for regional-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn.

Govt-backed body to oversee JAL turnaround: Nikkei

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The Japanese government has decided to put a state-backed turnaround body in charge of the revitalisation of Japan Airlines, the Nikkei business daily said on Sunday, underlining the government's deeper involvement in the process.
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Trade row hangs over ASEAN summit, security tight

A trade row between Thailand and the Philippines threatened to derail a regional free trade pact on Friday, as hosts Thailand cast tight security over an Asian summit twice postponed due to anti-government protests.
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President Hu talks with Obama on climate deal

Chinese President Hu Jintao, made the fifth phone conversation with U.S. President Barack Obama Wednesday. President Hu expressed his confidence that a positive outcome at the upcoming Copenhagen world climate summit in December could be provided improvement in bilateral relations and faced the weather pattern challenge.
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Japan PM says no need to rush U.S. base decision

Japanese Prime Minister Yukio Hatoyama said on Friday there was no need to rush a decision that could stall a realignment of U.S. troops in the country, as tension grows over an issue that could fray ties with Washington.
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Japan may weaken CO2 target if no global pact

Japan could weaken its target for a 25 percent cut in greenhouse gas emissions by 2020 if all major emitters do not reach agreement on an ambitious global climate pact, the environment minister said Friday.
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Nikkei edges up before earnings, JAL tumbles

Japan's Nikkei stock average edged up 0.2 percent on Friday, with construction machinery shares rising on hopes for China's economy and Kirin Holdings (2503.T) gaining ground on a brokerage upgrade.
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World stocks end 3-day losing run

World stocks broke a three-day losing run on Friday and hovered near their 12-month high, boosted by the Dow's return above 10,000 points, while the dollar briefly touched a new low for the year against the euro.
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Asia shares rise on earnings news, dollar slides

Asian shares rose on Friday as investors were encouraged by upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. rates would remain low.
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Asia shares rise on earnings, dollar resumes slide

Asian shares nudged higher on Friday on the back of upbeat earnings reports from the United States and Asia while the dollar resumed a broad slide after a Fed official indicated U.S. interest rates would remain low.
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Higher sales, margins to boost India auto earnings

Higher passenger car sales in the quarter ended September is likely to boost Maruti Suzuki India (MRTI.BO) earnings, while India's Tata Motors (TAMO.BO) will benefit from a recovery in truck sales, say analysts.
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Daily Wrap Up - Oct 22

Pay Cuts at Bailed Out Businesses; Leading Indicators on Six Mont Tear; Wal-Mart's Modest Approach
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Japan says no U.S. base decision before Obama visit

Japan said on Thursday it could not sign off on a planned reorganisation of U.S. troops in the country before President Barack Obama visits Tokyo next month, after the U.S. defense secretary bluntly called for the deal to be implemented.
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GLOBAL MARKETS-Poor earnings knock stocks, dollar bounces

Disappointing corporate results knocked equities lower on Thursday, set Wall Street up for a poor start and helped the dollar bounce off 14-month lows. Gold and oil both slipped as the dollar rose. Euro zone government debt was stronger.
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International Oil Data Gaps

In a supplement to the October 2009 Short-Term Energy Outlook, the Energy Information Administration (EIA) analyzed the inherent volatility of energy prices by looking at the options market. This supplement was the first product under the EIA's Energy and Financial Markets Initiative launched in September. The Initiative is aimed at examining all the variables that affect energy prices and price volatility.
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Asia shares fall, dollar gains after China data

Asian shares fell on Thursday amid disappointment that robust Chinese growth data offered few surprises, but the dollar gained some respite as an expected shift to higher-yielding currencies failed to materialize.

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