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Asian stocks, dollar subdued

Asian stock markets were subdued on Wednesday while the dollar wallowed near a record low against the euro with investors reluctant to take big positions ahead of the U.S. Federal Reserve's decision on interest rates.

Stocks, oil, dollar pause as Fed meeting looms

Asian stocks and oil prices retreated from their peaks on Tuesday and the dollar halted its slide as investors held their fire ahead of a U.S. Federal Reserve policy meeting, where an interest rate cut is widely expected. European stocks also looked set for a weaker start,

Kookmin Q3 net up on stake sale, sees tougher 2008

Top South Korean lender Kookmin Bank posted a bigger-than-expected 14 percent rise in quarterly profit on Monday as it sold a stake sale in an insurance venture with ING Groep, but forecast a tough year ahead and a squeeze on margins.

Toshiba up on chips, power systems

Japanese electronics group Toshiba Corp. posted a jump in quarterly operating profit on Monday, thanks to solid flash memory chip prices and power plant sales, and raised its full-year outlook by 12 percent, closer to market estimates.

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Yahoo to announce Asia mobile tie-ups

Yahoo Inc expects to announce a series of partnerships with mobile carriers in Asia in coming weeks, as it looks to its mobile services division for growth.

Tesco and Disney Partner on Branded Foods

Tesco, Britain's largest retailer and Disney Consumer Products UK announced an agreement to jointly launch a range of co-branded food products.

China a better deal than India for modern retailers

Multinational retailers are waiting for India's chaotic industry to settle down.

Wal-Mart to acquire rest of Japan retailer Seiyu

Wal-Mart Stores Inc will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu Ltd in an effort to turn around the money-losing chain.

U.S. sees North Korea ending uranium enrichment

Assistant Secretary of State Christopher Hill said on Tuesday he believed North Korea would stop its uranium enrichment program by the end of the year.

U.S. pushes South Korea to open beef market

U.S. farm officials pressed South Korea at talks in Seoul on Thursday to open its market fully to American beef and resolve a long-standing dispute between the two nations that has also threatened a separate free-trade deal.

World stocks at record high

World stocks stretched to record highs on Wednesday, led by emerging markets, while the dollar slipped on reduced hopes of a new U.S. interest rate cut.

Blackberry faces local competition, rules in China

Even before its official launch in China, Research In Motion's BlackBerry faces daunting challenges from low-cost rivals and a thicket of regulations that could trip up its advance into the world's largest mobile market.

China's Minsheng Bank to buy into UCBH

Minsheng Banking Corp will buy 9.9 percent of San Francisco-based UCBH Holdings for more than $200 million in the first strategic investment by a mainland Chinese bank in a U.S. bank.

Pro gamers spurn geek stereotype as they go mainstream

Geoff Robinson does not fit the stereotype of a hardcore geek gamer. The Oregon State University student is sociable, an avid weight lifter, studies English and history -- not computer science -- and wants to be a high school teacher.

iPod cheap in Hong Kong, but a Brazil bank-breaker

In the market for a new video iPod? Head to Hong Kong or, if Europe-bound, stop off in Switzerland. But best avoid Brazil.

Koreas seek formal end to Korean War

Leaders of the two Koreas agreed on Thursday to try to bring peace to the Cold War's last frontier, just a day after the North signed up to an international deal to disable its nuclear facilities.

Electronics companies press free trade deals

U.S. electronic companies with combined annual sales of $160 billion urged Congress on Wednesday to approve four pending free trade agreements, which they said were vital to continued economic growth.

North Korea agrees to disable reactor by year-end

North Korea has agreed to disable its Yongbyon nuclear reactor and provide a complete declaration of all nuclear programs by the end of the year, in a deal that won praise from U.S. President George W. Bush.

Korean leaders begin summit

South Korea's president arrived in the capital of hermit North Korea on Tuesday to cheering crowds and an unsmiling leader Kim Jong-Il for only the second summit between Cold War-era foes who remain technically at war.

Adobe to acquire word processor maker Buzzword

Adobe Systems Inc plans to acquire Virtual Ubiquity, makers of Buzzword, an innovative word processor, in a surprise move that competes with Microsoft Corp and Google Inc.

Daewoo says no plan to change Myanmar investment

South Korea's Daewoo International Corp, which leads a multi-billion dollar energy project in Myanmar, will not alter its investments there following a violent government crackdown on protests, the company said on Friday.

India needs to develop securitisation mkt - industry

India needs to develop its market for securitised assets and allow foreigners and pension funds to invest in the sector if it wants to free up funds to finance its rapid growth, industry experts said on the Thursday.

Korean Consumer Confidence Highest in 5 years

Consumer confidence in South Korea climbed to a 5-year high according to a new report released on Thursday.

Japanese parliament paves way for Fukuda to become new PM

Japan's parliament on Tuesday installed Yasuo Fukuda as the new prime minister of the world's second largest economy, setting the stage for the seasoned moderate to form a cabinet that must confront a feisty opposition keen to force an election.

Asian markets mixed

Japanese markets mostly failed to react to the appointment of Yasuo Fukuda as leader of the Liberal Democratic Party on Sunday. The appointment opens the way for Fukuda to take over the reins of departing Prime Minister Shinzo Abe.

DBS chief quits as shares fall, Asia drive slows

Singapore lender DBS Group's chief executive resigned on Monday, after a run of bad news battered the company's share price, leaving an unfulfilled quest to make the bank a big Asian player.