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Toyota becomes Asia's biggest firm by market value Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.

16 May 2013

Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.

04 May 2013

Oil takes breather in Asia after strong rally Oil prices took a breather in Asian trade Friday as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.

03 May 2013

Zuckerberg paid more than $2 bln at Facebook in 2012 Facebook co-founder and chief Mark Zuckerberg scored more than $2 billion worth of stock and $503,000 in base pay last year for running the world's leading social network.

27 April 2013

S. Korea economy grows at fastest pace for two years South Korea's economy grew at its fastest pace in two years in the first quarter of this year as exports bounced back despite competition from a weak yen.

25 April 2013

Swiss watchmakers keep wary eye on China The world's biggest watch fair is set to open this week in Basel amid growing uncertainty over whether the industry can keep up its momentum and rake in another year of record sales in China.

23 April 2013

Auto makers show off vehicles in key China market Global car makers Saturday showed off hundreds of gleaming models ahead of the opening of the Shanghai auto show, vying for attention with glitzy shows as they target the crucial Chinese market, the world's largest.

20 April 2013

Chrysler will take losses on electric cars: CEO Chrysler Group stands to lose $10,000 on every battery-powered Fiat 500 it sells in California..

19 April 2013

World car firms see China market as saviour Global auto makers will flock to China's premier car show, affirming its importance as the world's largest vehicle market and the saviour of an industry pummelled by European and US economic woes.

19 April 2013

Gold claws back losses after biggest fall in 30 years Gold prices recovered slightly Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports Cyprus was planning to sell part of its reserves.

17 April 2013

Kazakhstan residents spent $1.5 billion online in 2012 Kazakhstan residents made online purchases worth almost $1.5 billion in 2012, but only $60 million fell on the local Internet market: Nazarbayev.

16 April 2013

Oil tumbles for second day on slower Chinese growth Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.

16 April 2013

Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.

15 April 2013

With back against wall, Portugal pushes on with austerity Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.

10 April 2013

Huawei looks to win back faith of United States Chinese tech giant Huawei said Monday that it hoped to "solve the challenges and problems" it has in the United States after Washington labelled it a security threat last year.

08 April 2013

Shanghai stops poultry trade on bird flu fears Shanghai's live poultry markets were shut on Saturday after authorities banned trading in birds to prevent the spread of H7N9 bird flu, which has killed six people in China.

06 April 2013

GM, Ford, Chrysler post best US sales since 2007 General Motors, Ford and Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.

03 April 2013

US criticizes EU restrictions on wine labels The United States on Monday criticized the European Union's restrictions on wine labeling, saying they hinder US wine exports to the 27-nation bloc.

02 April 2013

Forex markets calm as Easter weekend starts Foreign exchange rates were calm Friday as financial markets in Europe, the United States and elsewhere were closed for Easter weekend.

01 April 2013

TNT Express to shed 4,000 jobs after UPS takeover fails Dutch post and courier company TNT Express said Monday it would shed around 4,000 jobs over the next three years as it restructures after US rival UPS' takeover bid failed in January.

25 March 2013

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