SEOUL: South Korea’s annual inflation rose sharply in January due mainly to increasing food and energy prices, official figures showed Tuesday. Channel NewsAsia Business News
MANILA: The Philippine economy grew at its fastest pace last year since democracy was restored more than two decades ago, expanding 7.3 per cent on the back of a global upswing, the government said Monday. Channel NewsAsia Business News
DAVOS, Switzerland : The world business elite raised concerns over China’s property prices at its annual get-together in Davos, with some worrying that if the bubble bursts it could hurt growth. Channel NewsAsia Business News
DUBAI: Several Gulf stock markets dropped Sunday on apparent concerns over developments in Egypt, with the Dubai market leading the plunge with a slide of more than six per cent. Channel NewsAsia Business News
DAVOS, Switzerland : Tunisia’s fledgling post-revolt government tried to reassure global business executives that its economy is stable Saturday as it received a warm welcome at Davos. Channel NewsAsia Business News
NEW YORK: US stocks dropped sharply Friday as Egypt’s leaders failed to stem mounting protests and blue chips like Ford, Microsoft and Amazon turned in disappointing results. Channel NewsAsia Business News
NEW YORK: The euro fell against the dollar on Friday, as investors flocked to the safe-haven dollar amid turmoil in Egypt. Channel NewsAsia Business News
NEW YORK: Ford said Friday annual profit doubled in 2010 to its highest earnings in more than a decade, as the second-biggest US automaker posted strong worldwide results and paid down debt. Channel NewsAsia Business News
SHANGHAI : China’s long-awaited first property taxes took effect on Friday in Shanghai and the mega-city of Chongqing in the southwest, as the country tries to reform its booming real estate market. Channel NewsAsia Business News
TOKYO: Japan’s consumer prices continued to slide in December, marking the 22nd straight monthly decline as the economy remained mired in deflation, government data showed Friday. Channel NewsAsia Business News