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Posted: January 23rd, 2012, 11:36pm EST
Japan's central bank said Tuesday it expects the economy to shrink slightly during the fiscal year ending in March instead of expanding as it forecast earlier because of the overseas slowdown.
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Posted: January 23rd, 2012, 10:07pm EST
The euro eased against major currencies in Asian trade on Tuesday as investors monitored events in Europe, dealers said.
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Posted: January 23rd, 2012, 10:03pm EST
Australia's consumer watchdog has launched court action against AirAsia Bhd alleging the budget airline's advertising of its fares for some routes out of Australia was misleading.
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Posted: January 23rd, 2012, 8:54pm EST
Boeing Co won a $693 million contract modification to build five more C-17 transport planes for the U.S. Air Force, the Pentagon said on Monday.
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Posted: January 23rd, 2012, 1:57am EST
The Australian arm of Japanese auto giant Toyota announced on Monday that it would sack 350 workers at its southern carmaking plant, citing "unprecedented" pressure on its operations.
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Posted: January 23rd, 2012, 12:13am EST
The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.
