Oil prices up on escalating South Sudan violence
Crude edged higher in Asian trade Thursday on supply concerns following escalating violence in oil-producer South Sudan, but gains were capped as dealers sat on the sidelines awaiting fresh leads after the festive season.
Crude prices down in quiet Asian trade
Oil prices edged lower in quiet Christmas Eve trade in Asia Tuesday as dealers engaged in profit-taking, with a lack of leads to spur fresh market movement, analysts said.
Japan OKs record budget, sees deflation threat recede
Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.
Apple, China Mobile sign iPhone deal
Apple on Sunday unveiled a long-anticipated deal with China Mobile, the world's biggest wireless carrier, to bring the iPhone to customers in a market dominated by low-cost Android smartphones.
23 December 2013
Battle of the Christmas decorations for Hong Kong malls
In the race to extract cash from Christmas shoppers, Hong Kong's myriad shopping malls have taken to heart the maxim that you must spend money to make money when it comes to decorations this festive season.
EU banking union too complicated, too slow: analysts
An EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.
23 December 2013
Tourists to spend $10 billion during Brazil World Cup
Foreign and Brazilian tourists are expected to spend $10.4 billion during next year's World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said Friday.
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