Most Popular Business

Thai Q3 GDP growth slows, outlook better

* Q3 GDP shows second quarterly growth after recession

Malaysia to sell 3 bln rgt bonds due 2013 - c.bank

KUALA LUMPUR, Nov 23 (Reuters) - Malaysia will sell 3 billion ringgit ($886.5 million) of government bonds on Nov. 30, the central bank said late on Friday.

Libya to make four IPOS in 2010, sell state firms

* Libya to make IPOs in four state firms in 2010

UK's Brown calls for plan on global imbalances

* G20 strategy must tackle trade, currency imbalances-Brown

Barron's picks 10 stocks as good dividend bets

NEW YORK, Nov 22 (Reuters) - Barron's highlighted ten companies that it sees as good bets for investments with big dividends that look safe for the long term, including Banco Santander <SAN.MC> at the top of its list and Verizon Communications <VZ.N>.

Indian PM says no substitute for U.S. dollar: report

NEW DELHI, NOV. (Reuters) - Indian Prime Minister Manmohan Singh said on Sunday there was no substitute to the U.S. dollar for replacement as the global reserve currency.

Iran approves first phase plan at Yadavaran oilfield

TEHRAN, Nov 22 (Reuters) - Iran has approved the first phase of development at the Yadavaran oil field and plans to develop the Jufair oil field, the state news agency said on Sunday.

China growth faces currency dilemma-thinktank economist

BEIJING, Nov 22 (Reuters) - International pressure on China to lift the value of its yuan against the dollar could stoke risks to growth in 2010, an economist at a top state thinktank has said, warning of a deepening dilemma facing currency policy.

AirAsia to tap Southeast Asian capital market

KUALA LUMPUR (AFP) - - Southeast Asia's biggest budget carrier AirAsia plans to list on the Thai and Indonesian stock exchanges in a bid to tap the region's capital markets despite a turbulent year for airlines.

Berlin seeks one-hub edge in completion of new airport

BERLIN, Nov. 22 (Reuters) - Berlin plans to become one of Europe's ten busiest airports and take traffic away from rivals by replacing its existing airports with one main hub, the chief executive of Berlin Airports told Reuters.

The new airport, Berlin Brandenburg International (BBI), will replace the city's Schoenefeld, Tegel and Tempelhof airports once it becomes operational in November 2011, becoming a transit hub but also the sole option for air travellers to the area.

Some other cities, including London, believe their airports perform better when competing against each other but BBI's head Rainer Schwarz said pooling its traffic in one site would strengthen its position as well as serve passengers better.

''Airlines would argue against it but we believe this give an airport the power to address the needs of its passengers,'' Schwarz said in an interview on the sidelines of the Global Airport Development 2009 conference in Berlin.

The airport has secured a catchment area of 100 kilometers, encompassing ten million people, in which no new airport can be built.

CEB brings back P1 seat sale promo due to demand

Cebu Pacific (CEB), Asia's third-largest low-cost carrier, brings back the "Go Lite" P1 seat sale to all international and domestic destinations from November 21 and 22, 2009, or until more than 50,000 seats have been sold out.

PAL takes delivery of first Boeing 777-300ER aircraft

The Philippine Airlines (PAL) has acquired its first Boeing 777-300ER aircraft following its delivery flight from Boeing's headquarters in Seattle, Washington.

The extended range jet is the first 777 to join PAL's fleet and is one of two leased 777-300ERs the airline will use for major international routes like Hong Kong, Tokyo (February 2010) and Sydney and Melbourne by mid-March 2010.

To celebrate the arrival of PAL's newest and most technologically-advanced aircraft, the airline is offering a new low-fare promo on selected domestic destinations.

Cox and Kings India IPO subscribed 6.31 times

MUMBAI, Nov 20 (Reuters) - Travel operator Cox and Kings (India) Ltd's initial public offer of shares, which closed on Friday, has been subscribed 6.31 times, according to data on the National Stock Exchange.

Japan Hot Stocks-Alpine Electronics, Banks, oil distributors

TOKYO, Nov 20 (Reuters) - The benchmark Nikkei average <.N225> fell 1 percent and the broader TOPIX <.TOPX> was 0.5 percent lower on Friday.

Vietnam raises fuel pump prices by up to 7.5 pct

HANOI, Nov 20 (Reuters) - Vietnam's top oil product importer and distributor, Petrolimex, on Friday raised retail prices of petrol and oil products by up to 7.5 percent, after world oil prices touched levels around $80 a barrel earlier this week.

Singapore declares its recession over

SINGAPORE (AFP) - - Singapore on Thursday declared a severe recession over after two straight quarters of growth and predicted the economy would expand by up to 5.0 percent in 2010.

EURO BONDS-BAA, Vodafone, Marks & Spencer, SEGRO, BES, NAB

LONDON, Nov 17 (Reuters) - News, details on corporate bond issues in the European markets on Tuesday:

World's biggest cruise ship arrives in Fla. port

UPDATE 3-Daiwa Sec to double Asia capital to expand

* To boost Asia operation capital by $1.1 bln