Asian coal prices close to floor, unlikely to fall further than $10: Industry

Last Updated: Tuesday, June 9, 2015, 14:25

Coal prices in Asia are already at levels that have forced some producers to curb supply and are unlikely to fall more than another $10, industry officials said on Tuesday.

Dollar steady after Obama denies surging unit comment

Last Updated: Tuesday, June 9, 2015, 12:43

In Tokyo afternoon trade, the US unit fetched 124.45 yen, against 124.47 yen in New York and 125.52 yen in Tokyo earlier Monday.

Asia stocks retreat as US jobs data fuel rate hike talk

Last Updated: Monday, June 8, 2015, 09:09

Asian markets mostly fell on Monday, with a better-than-forecast US jobs report fuelling talk of an early interest rate hike, while the dollar sat around 13-year highs.

Constellation Brands to launch new wine in India this year

Last Updated: Sunday, June 7, 2015, 16:56

"India is a key wine market and there is a huge opportunity (to grow). We want to make sure we have big footprint with the right brands. We will launch Prosecco in India this year," Joe Milner, Regional Director, Asia - Constellation Brands told PTI.

Facebook Lite makes debut in Asia

Last Updated: Friday, June 5, 2015, 16:20

Facebook released a 'Lite' version of its application that was tailored for people using Android smartphones in places where wireless data bandwidth is scarce.

Facebook Lite makes debut in Asia

Last Updated: Friday, June 5, 2015, 10:51

Facebook released a 'Lite' version of its application that was tailored for people using Android smartphones in places where wireless data bandwidth is scarce.

Asia stocks mostly down, euro sinks as Greece delays payment

Last Updated: Friday, June 5, 2015, 10:25

Tokyo fell 0.44 percent by lunch, Hong Kong lost 0.20 percent and Seoul gave back 0.38 percent, but Sydney was flat and Shanghai rose 1.54 percent.

Oil prices rise ahead of OPEC output meeting

Last Updated: Friday, June 5, 2015, 10:19

"We expect payroll numbers to go up, and this will in turn firm up the dollar and subsequently make dollar-priced crude more expensive," said Teo.

Asia stocks mostly down, euro holds up as Greek talks plod

Last Updated: Thursday, June 4, 2015, 12:33

Most Asian markets fell on Thursday, with Shanghai plunging more than five percent at one point and Tokyo`s early gains whittled to almost nothing but the euro held its gains after Greece and its creditors met for key debt reform talks.

Tokyo shares inch higher at close after two days of losses

Last Updated: Thursday, June 4, 2015, 12:19

Tokyo stocks gave up most of their early gains Thursday but still ended in positive territory after two days of losses, as exporters were supported by a weak yen.

Minimum import price on arecanuts raised to Rs 162 a kg

Last Updated: Wednesday, June 3, 2015, 14:54

"It has, therefore, been decided to increase the MIP on import of arecanuts from existing Rs 110 per kg to Rs 162 per kg with immediate effect to safeguard the interest of domestic farmers," an official statement said.

Hong Kong stocks end 0.47% down, Shanghai rallies 1.69%

Last Updated: Tuesday, June 2, 2015, 14:23

Hong Kong shares ended 0.47 percent lower Tuesday, in line with a broad sell-off across Asia and despite gains on Wall Street, but Shanghai added 1.69 percent.