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China inflation pushes most Asian markets lower

Investors yesterday picked up bargain stocks, lifting most markets into the black after they sank earlier in the day when China revealed consumer prices had
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Some 24,000 affected by stolen HSBC data

Some 24,000 customers may have been affected by the theft of data from a Swiss branch of banking giant HSBC three years ago, Alexandre Zeller, ...
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IATA halves airlines 2010 loss forecast

Airline industry group IATA yesterday halved its 2010 loss forecast for airlines to 2.8 billion dollars as a recovery led by Asia and Latin America ...
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Daihatsu recalls 275,000 vehicles

Daihatsu Motor Co., a subsidiary of embattled Toyota, said yesterday it was recalling almost 275,000 vehicles due to defects, the latest in a raft of ...
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Bangladesh blocks 1.5 million mobile phones

Bangladesh has blocked 1.5 million mobile numbers and tightened regulations for buying and selling SIM cards following a spike in cellphone-related crime, an official said ...
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Finnish port strike hits paper workers

Finnish forestry group UPM-Kymmene yesterday stopped paying wages to workers at a paper mill closed since last week because of a port strike that has ...
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Asian markets mixed despite China exports data

Asian markets ended mixed yesterday with most major indexes almost unchanged despite strong Chinese exports figures as dealers took profits on early gains ahead of ...
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World Cup mascot factory defends itself

A Chinese factory ordered to stop producing mascots for the World Cup due to allegations of sweatshop conditions defended itself yesterday, saying its facilities were ...
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The ‘Figo’, Ford’s new car for India

Auto giant Ford launched its bid to enter India’s lucrative small car market yesterday, unveiling a brand new model to compete with international rivals from ...
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Dubai World outlines debt plan to leading creditors

The debt-ridden Dubai World conglomerate is outlining proposals to restructure 22 billion dollars of its debt to leading creditors, The National daily reported yesterday.Dubai World’s ...
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