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Asia Business (Yahoo)

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The latest Asia Pacific Business news headlines from Yahoo! News Singapore. Find videos, pictures and in-depth Asia Pacific Business coverage from our Business news section.
Updated: 52 min 21 sec ago

NZ stocks open 1 percent lower as Wall St tumbles

2 hours 20 sec ago
WELLINGTON, Nov 20 (Reuters) - New Zealand's benchmark stock index opened down 1 percent on Thursday after Wall Street shares fell sharply on economic worries.
Categories: Asia News

Adapt to survive financial turmoil: Renault-Nissan boss

3 hours 35 min ago
Renault-Nissan chief Carlos Ghosn said carmakers must adapt to survive the turmoil threatening the industry as the Los Angeles Auto Show got underway here Wednesday.
Categories: Asia News

Beijing will not restrict car sales, say officials: Chinese state media

6 hours 42 min ago
Beijing authorities have decided against restrictions on private car sales proposed by residents to help ease traffic and pollution, a senior official was quoted by state media as saying Wednesday.
Categories: Asia News

China's Baidu.com fights to rescue reputation

6 hours 50 min ago
Baidu.com has been the star of China's Internet world.
Categories: Asia News

Poor nations meet in Cambodia to discuss trade, financial woes

Wed, 2008-11-19 22:59
Poor countries must use trade as a tool to survive the financial crisis gripping richer nations, Cambodia's premier told a meeting of officials from developing countries Wednesday.
Categories: Asia News

SKorean company plans corn project in Madagascar

Wed, 2008-11-19 21:45
A South Korean company hopes to turn an undeveloped stretch of Madagascar into a corn-production center, an official said Wednesday.
Categories: Asia News

Nomura CEO seeks change with Lehman buy

Wed, 2008-11-19 20:51
The head of Nomura Holdings Inc., Japan's biggest brokerage, had been itching to shake things up since he began his new job in April.
Categories: Asia News

Cambodia urges unity among poor nations on trade

Wed, 2008-11-19 20:28
Cambodian Prime Minister Hun Sen said Wednesday poor countries like his must continue speaking with one voice in the Doha round of global trade talks to ensure their competitiveness with developed countries.
Categories: Asia News

Pakistani rupee weaker; stocks flat

Wed, 2008-11-19 19:34
KARACHI, Nov 19 (Reuters) - The Pakistani rupee ended weaker on Wednesday amid a lack of inflows but dealers said they expected it to stabilise on improved sentiment following a government agreement with the International Monetary Fund (IMF).
Categories: Asia News

Toyota to shut US, Canada plants for two days next month

Wed, 2008-11-19 19:33
Toyota Motor Corp. will shut down production at all of its US and Canadian plants for two days next month due to sluggish sales, a spokeswoman said Wednesday.
Categories: Asia News

HK stock index down nearly 1 percent

Wed, 2008-11-19 18:32
Hong Kong shares edged lower in lethargic trade Wednesday as investors sold banks and developers.
Categories: Asia News

Toyota to reduce output, temporary workers in US

Wed, 2008-11-19 18:28
Toyota Motor Corp. said Wednesday it will reduce production in the United States to cope with slowing sales in the world's largest economy.
Categories: Asia News

China stocks rebound despite regional losses

Wed, 2008-11-19 18:21
Chinese shares shrugged off losses elsewhere in Asia to rise Wednesday on a rally in refiners and renewed enthusiasm about a government stimulus package.
Categories: Asia News

Chinese automakers, hit by slowdown, ask for help

Wed, 2008-11-19 18:02
While U.S. automakers plead for emergency loans from Washington, China's still-young car manufacturers are also appealing for their government's help amid a sales slump.
Categories: Asia News

Pakistani 6-mth T-bill cut off yield at 14.0108 pct

Wed, 2008-11-19 18:00
KARACHI, Nov 19 (Reuters) - The cut-off yield on Pakistan's benchmark six-month Treasury bills rose to 14.0108 percent at an auction on Wednesday, the central bank said.
Categories: Asia News

Philippine Airlines reports $114M loss in 1st half

Wed, 2008-11-19 17:54
The national carrier Philippine Airlines said Wednesday an unprecedented surge in fuel prices left it with a loss of $113.8 million during the fiscal first-half.
Categories: Asia News

Chinese automakers, hit by slowdown, ask for help

Wed, 2008-11-19 17:32
While U.S. automakers plead for emergency loans from the U.S. government, China's still-young car manufacturers are also appealing for Beijing's help amid a sales slump.
Categories: Asia News

Wynn supports government travel measures in Macau

Wed, 2008-11-19 17:25
Casino mogul Steve Wynn said Wednesday he couldn't tell when Macau's slowdown might let up, but expressed confidence in its long-term fortunes and backed government measures to curb travel to the Chinese gambling city.
Categories: Asia News

FDA opens new China office

Wed, 2008-11-19 17:07
The U.S. Food and Drug Administration opened an office Wednesday in China's capital _ its first outside the United States _ as part of a new global strategy to ensure the safety of trillions of dollars of imports.
Categories: Asia News

IMF: Kazakh economy on the right path

Wed, 2008-11-19 16:52
A senior International Monetary Fund official has praised Kazakhstan, an early victim of the global credit crunch, for its handling of the crisis.
Categories: Asia News