Thailand’s central bank signaled it may raise borrowing costs as the economy recovers in the coming months, after keeping its benchmark interest rate unchanged for a seventh meeting this week.
Stocks rose, erasing the 2010 loss for a gauge of emerging markets, while Treasuries and the yen fell as data on Chinese exports and U.S. wholesale inventories bolstered optimism the global economy is strengthening.
Toyota Motor Corp., buoyed by an incentive campaign, may report a 30 percent jump in U.S. sales in March after recalls of millions of vehicles damped deliveries for two months, researcher Edmunds.com said.
Indonesian police killed terrorist leader and suspected Bali bomber Dulmatin and two others yesterday near the capital, acting on information gathered during a raid in western Aceh province.
Coal India Ltd., the nation’s monopoly producer of the fuel, said output will be less than expected in 2011-2012, increasing the need for imports by the world’s second-fastest growing major economy.
Toyota Motor Corp., struggling to regain a reputation for quality after unintended acceleration forced the recall of millions of vehicles, will investigate a report in California of a Prius hybrid that sped out of control.
AFP - A Chinese editor involved in authoring an unusually bold editorial that demanded reform of a controversial household registration system says he and others have suffered retaliation.
AFP - China has selected its first two women astronauts to serve on a team that will undertake future missions launched by the nation's burgeoning space programme, state media reported Wednesday.
AFP - China's environment is "still deteriorating", a senior official said Wednesday, as the booming nation burnt record amounts of coal and lagged behind in meeting its energy-saving goals.
AP - A U.N. torture investigator said Wednesday he is very concerned about the fate of missing Chinese lawyer Gao Zhisheng and believes he has been severely tortured.
AFP - Phone giant China Mobile said Wednesday it will pay about 5.8 billion US dollars for a 20 percent stake in Shanghai Pudong Development Bank as part of its bid to enter the wireless banking market.
AFP - The Dalai Lama admitted on Wednesday there was "little hope" of the current Chinese government compromising on the issue of Tibet, after years of vain attempts to win autonomy for his homeland.
AFP - US investigators launched a probe Tuesday into a runaway Toyota Prius in California, a high-profile case that threatens to undermine the Japanese automaker's effort to repair its battered image.
AFP - The United States said Tuesday it did not expect serious harm to ties with Japan after the new center-left government in Tokyo lifted the lid on past nuclear and military deals with Washington.
AP - Japan confirmed Tuesday secret Cold War-era pacts with Washington that tacitly allowed nuclear warships in Japanese ports in violation of a hallowed postwar principle, effectively acknowledging that previous governments had lied about them for decades.
AFP - Toyota sought on Monday to dispel fears about the safety of its electronics, but was put on the defensive when a Prius went speeding out of control along a California highway.
AFP - Japan's Honda Motor Co. said Tuesday it would build a second motorcycle factory in India, employing about 2,000 people, to meet surging demand in the fast-growing market there.
AFP - A Toyota Prius accelerated out of control on a busy California freeway on Monday before police intervened to bring the vehicle to a standstill, police said.
AFP - Japan's centre-left Premier Yukio Hatoyama Monday conceded voters are frustrated as he faced sliding approval ratings but denied plans for a cabinet reshuffle ahead of July upper house elections.
Reuters - Japanese Prime Minister Yukio Hatoyama, his party flagging in polls ahead of a mid-year election, promised on Monday to find a way to regain public backing but said he was not considering a cabinet reshuffle now.
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