S. Korea tobacco firm to pull chimp ad for 'Africa' brand
South Korea's top tobacco firm said Wednesday it would pull ads for its new "This Africa" brand of cigarettes after complaints the use of images of apes dressed as humans was racist.
Japan firms to invest in Brazilian shipbuilder
A Japanese consortium on Tuesday said it would buy a 30 percent stake in a Brazilian shipbuilder as its eyes the lucrative market for resource-exploration vessels.
23 October 2013
Chinese oil firms, Europe's giants win Brazil auction
China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield.
22 October 2013
JPMorgan to pay record $13 bln to settle US probes: reports
Banking giant JPMorgan Chase has reached a tentative agreement to pay a record $13 billion fine to the Justice Department to settle probes into its residential mortgage-backed securities.
21 October 2013
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Google stock surges on profit, revenue gains
Google shares surged to a record high, close to $1,000, after quarterly earnings figures showed the Internet giant's profits are climbing despite a trend toward cheaper advertising on smartphones and tablets.
19 October 2013
Westports shares rally in Malaysia market debut
Shares in leading Malaysian ports operator Westports Holdings surged eight percent on their debut Friday, after raising more than $700 million in the country's largest initial public offering (IPO) this year.
18 October 2013
Tenge bills more beautiful than new $100 banknotes
The new American $100 bill not as beautiful as Kazakhstan's tenge notes. Kazakhstan currency is "like the Meryl Streep of international bank notes": The Atlantic.
Twitter to list on NYSE
Twitter shares will trade on the New York Stock Exchange, documents showed Tuesday, shunning the tech-heavy Nasdaq which saw major problems in Facebook's market debut in 2012.
16 October 2013
Yahoo holds onto more of Alibaba as profit slips
Yahoo on Tuesday took attention off a lackluster quarterly report with word that it plans to hold onto a larger chunk than originally planned of Chinese e-commerce powerhouse Alibaba.
Rio Tinto pink diamonds fetch record prices
The annual sale of Rio Tinto's rare pink-hued diamonds attracted unprecedented interest with at least two of the stones fetching record prices of over $2 million.