Asian stocks rose slightly on Tuesday after China's closely-watched inflation data failed to surprise markets, while the euro regained some ground after hitting a three-week low the previous day.
Nothing like a little revolution to shake up an already turbulent global economy.
Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while U.S. crude steadied near $85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.
Nothing like a little revolution to shake up an already turbulent global economy.
North and South Korea traded blame Thursday for the breakdown of military talks as a stalemate emerged over the starting point for negotiations.
A new Thai airline is hiring transsexual ladyboys as flight attendants, aiming at a unique identity to set itself apart from competitors as it sets out for the skies. Known as katoeys or ladyboys, transgenders and transsexuals have greater visibility in Thailand than in many other nations, holding mainstream jobs in a variety of fields.
South Korea's KB Financial Group (105560.KS) (KB.N) swung to a loss in the fourth quarter, hit by charges for the biggest-ever job cuts at its Kookmin Bank unit, the country's top lender. KB posted a net loss of 231 billion won ($208 million) in the October-December period, versus a net profit of 17.8 billion won a year earlier.
Asian stock markets fell on Thursday, while the dollar struggled to make much headway after the U.S. central bank chief signaled the recovery in the world's biggest economy was still fragile and warned against sharp spending cuts.
Military talks between the rival Koreas have collapsed, a unification ministry official in Seoul said on Wednesday, dealing a setback to efforts to restart international aid-for-disarmament talks.
China, Japan and South Korea are dominating growth in international patent filings in a dramatic demonstration of the shift of scientific and economic power to northeast Asia, figures released on Wednesday showed.
The rival Koreas held their first talks since a deadly attack on a South Korean island last year amid signs of a thaw in tensions as momentum builds for a resumption of aid-for-disarmament negotiations.
President Barack Obama stepped up efforts to woo the U.S. business community on Monday, seeking its help to tackle burdensome corporate taxes in a speech to a business group that has long been a fierce critic.
Military brass of both South and North Koreas met on Tuesday morning almost two months after an artillery exchange that destroyed an island near Seoul.
A fishing boat carrying 31 North Koreans has drifted across a tense border near a South Korean island shelled by the North last year, local media reported on Monday.
Asian stocks pushed toward a near three-year peak on Monday as the U.S. job market showed further signs of recovery, highlighting a brighter economic outlook, while the dollar eased against a basket of currencies.
Asian stocks clung to early gains on Monday as the U.S. job market showed further signs of recovery, highlighting a brighter outlook for its economy, while the dollar firmed against a basket of other major currencies.
Dow Chemical Co barely blinked at soaring energy costs in the fourth quarter as it benefited from fixed-cost supplies from the Middle East and boosted its prices by 10 percent.
Sony Corp's operating profit fell 5.9 percent in October-December, hurt by a stronger yen and tough price competition in the market for flat TVs, although it beat analysts' expectations.
Japan's Sony Corp <6758.T> is expected to post a 15 percent fall in profit for October-December on Thursday, hurt by a stronger yen and tough price competition in the market for flat TVs.
Japan's Sharp Corp posted a near tripling in nine-month operating profit on a jump in television sales ahead of the reduction of government subsidies in its home market, and kept its annual outlook unchanged.
Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.
Japanese stocks eased on Thursday as escalating violence in Egypt prompted investors to move to safer assets, while commodities extended their recent gains, underscoring growing inflationary pressures that could threaten the global economic recovery.
