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FINANCE NEWS

Serbian factory to build Chinese trucks: report
Tue 10:27am AFP
A Serbian factory struck a deal on Monday to assemble trucks for a Chinese manufacturer in southern Serbian, Tanjug news agency reported.
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Reliance shares rise over 3% on LyondellBasell bid
Tue 3:51am AFP
Shares in Indian giant Reliance Industries rose nearly four percent Monday after it announced a cash bid to buy a controlling stake in bankrupt pet...
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Taiwan export orders see first rise in 13 months
Tue 2:34am AFP
Taiwan said Monday that export orders last month posted their first year-on-year hike in 13 months as demand for high-tech products picked up amid ...
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JAL seeks 40% pension benefits cut for bailout
Tue 1:59am AFP
Ailing Japan Airlines has proposed a revised pension plan that would see an average cut in benefits of more than 40 percent, the company said Monda...
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Gold hits record high past $1,160 per ounce
Tue 1:35am AFP
The price of gold soared to a record close of 1,166.00-1,167.00 US dollars an ounce in Hong Kong on Monday as dealers moved into the safe haven com...
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Mobile multimedia revenues tipped to dethrone text
Tue 12:44am AFP
Multimedia services will surpass text messaging this year as the main source of mobile operators' non-voice revenue in the Asia-Pacific region, ind...
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Two foreign funds compete to buy S.Korea builder
Mon 11:54pm AFP
South Korean airline group Kumho Asiana chose two foreign funds Monday to bid to buy a more than 50 percent stake in a major local builder, in an a...
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China could grow 10 pct in fourth quarter: report
Sun, Nov 22 AFP
China's economy could grow by over 10 percent in the fourth quarter of 2009 spurred by massive investment and rising consumption, the state press s...
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STI 2,779.98 Down 17.90 (0.64%)Edit
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