Shopping gets a conscience in Asia Pacific - survey

2010-03-15 16:20:38

Commercialism is developing a conscience in the Asia Pacific region, where over six in 10 shoppers are buying items that are either "fair trade" or environmentally friendly, a survey shows.

Russia seeks single currency in customs union

2010-03-13 14:01:43

Russia is seeking the use of a single currency in the customs union with Belarus and Kazakhstan, says First Deputy Prime Minister Igor Shuvalov.

Euro zone agrees bailout for Greece

2010-03-13 09:24:45

The euro zone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the euro, the Guardian newspaper reported on Saturday.

British Airways cabin crews to go on strike

2010-03-13 00:23:47

The union representing British Airways cabin crews decided Friday to go on a seven-day, two-phase strike in late March.

HSBC: data on 24,000 Swiss account holders stolen

2010-03-11 23:40:24

Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries.

Bank of America to stop debit card overdrafts

2010-03-11 02:19:23

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees.

UK's Brown warns of new economic woes

2010-03-10 17:11:33

British Prime Minister Gordon Brown warns that the UK may suffer another economic downturn, including a possible dip back into recession.

S Korea-EU FTA likely to be inked by April

2010-03-10 16:21:30

South Korea seeks to reach the final stage of sealing a free trade agreement (FTA) with the European Union by the end of April, the trade ministry said Wednesday.

Banking group pledges to touch 1b lives by 2020

2010-03-10 15:48:45

A group of growing, crisis-resistant and sustainable banks says it has pledged to touch the lives of one billion people by 2020, according to a press release on Wednesday.

Drugmaker Novartis announces $5b bond issue

2010-03-10 15:38:50

Swiss drug maker Novartis AG announced Wednesday a $5 billion bond issue to finance its purchase of eye-care company Alcon Inc.

Philippine FDI in 2009 hits $1.9 billion

2010-03-10 14:09:06

The Philippines' net foreign direct investments (FDI) in 2009 hit $1.9 billion, 26.2 percent higher from the previous year buoyed by investors confidence in the Philippine economy, the country's central bank said Wednesday.

Toyota to expand recall of Tundra pickups for rust

2010-03-10 14:10:03

Toyota said Tuesday it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust and lead to spare tires falling from the vehicle.