HONG KONG - Cathay Pacific said Wednesday it returned to profit in 2009 despite a drop in the Hong Kong-based carrier's sales amid global economic turbulence. more >>

WASHINGTON: 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. more >>

MANILA: The Philippines said Wednesday that exports rose at their fastest pace in nearly 15 years in January as the Southeast Asian nation reaped the benefits of an improving world economy. more >>

WASHINGTON: The United States said it would expose "troublesome" foreign trade barriers in a strategy to prise open markets for doubling American exports to ease an unemployment crisis at home. more >>

SINGAPORE: The United States, fearful of being sidelined as China and other fast-growing Asian economies speed up their integration, is banking on a new trade pact to shore up its Pacific influence. more >>

BEIJING: China said Wednesday that exports soared for the third straight month in February and at their fastest pace in three years, which analysts said could leave Beijing more open to a stronger yuan. more >>

WASHINGTON: The International Monetary Fund on Tuesday said it would send a staff mission to Turkey in May to evaluate the country's economic outlook and policy plans, the first such visit in three years. more >>

WASHINGTON: Greek Prime Minister George Papandreou said Tuesday that President Barack Obama offered a "positive" verdict on European plans to thwart speculators blamed for deepening Greece's crisis. more >>

BRASILIA: Visiting US Commerce Secretary Gary Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory. more >>

TOKYO: Japan's core private-sector machinery orders, a leading indicator of corporate capital spending, fell 3.7 per cent in January from the previous month, official data showed Wednesday. more >>

WELLINGTON: New Zealand will next month close a wholesale funding guarantee introduced at the height of the global financial crisis, Finance Minister Bill English said Wednesday. more >>

NEW YORK: Wall Street stocks posted modest gains on Tuesday amid cautious trading on the one-year anniversary of the beginning of the market's rebound from its lows last year. more >>

NEW YORK: Oil prices slipped on Tuesday under pressure from a stronger dollar and ahead of weekly data on petroleum inventories in the United States, the world's largest energy consumer. more >>

WASHINGTON: Greek Prime Minister George Papandreou held talks on Tuesday with President Barack Obama seeking US action against speculators he says are deepening his country's financial crisis. more >>

HONG KONG: PCCW is proceeding with plans for a free-to-air TV service in Hong Kong. more >>