By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - Asian stocks markets shrugged off yet another dismal prediction about global economic growth to mostly post solid gains Wednesday.
Hong Kong's Hang Seng jumped 1.2 percent to 21,076.82 and South Korea's Kospi rose 0.4 percent to 1,990.
By The Associated Press
NEW YORK (AP) - A strong warning from the World Bank that growth in Asia may slow further dragged down the price of oil Monday.
The World Bank signaled the possibility of a "more pronounced slowdown" in China, the world's second largest economy after the United
By JOE McDONALDAssociated Press
BEIJING (AP) - The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China's cooling economy faces the risk of a "more pronounced slowdown."
The bank cut this year's growth outlook for
LONDON (AP) - The French and German governments must reduce their stakes in defense company EADS NV for the U.K. to allow a proposed merger with BAE Systems PLC to go ahead, Britain's defense secretary warned Sunday.
Philip Hammond said Britain would veto the mega-merger of the aeronautics and
DUBAI, United Arab Emirates (AP) - Qatar Telecom says it is paying $1.8 billion to substantially boost its stake in Kuwaiti telecommunications operator Wataniya.
The Qatari firm said Sunday it will own 92.1 percent of Wataniya, which is known officially as the National Mobile Telecommunications
By ADAM SCHRECKAP Business Writer
DUBAI, United Arab Emirates (AP) - Gulf carrier Etihad Airways said Sunday a jump in passenger numbers flying aboard its fast-growing fleet drove third-quarter sales 19 percent higher to $1.3 billion.
Like regional rivals Emirates and Qatar Airways, the airline
AMSTERDAM (AP) - The Netherlands' central bank president has reportedly explained why he broke ranks with German peer Jens Weidmann and agreed to support a European Central Bank plan to buy bonds issued by financially stressed governments such as Spain's.
Klaas Knot, who in June rejected
BERLIN (AP) - A senior European Central Bank official is insisting that the bank can't help Greece by agreeing to roll over the government bonds it holds or accept lower interest rates.
Prime Minister Antonis Samaras, who wants more time to enact reforms and budget cuts, has suggested the ECB
By DIDI TANGAssociated Press
BEIJING (AP) - Foxconn Technology Group denied on Saturday that production was affected at a Chinese factory that makes Apple's iPhones, although both state media and an overseas labor watch group said some workers halted production lines on Friday, apparently
BEIJING (AP) - A labor watch group says thousands of workers at a Chinese factory that makes Apple's iPhones have gone on strike over increased quality control demands and having to work during an extended national holiday.
New York-based China Labor Watch says several iPhone 5 production lines