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 Satyam's Chairman Resigns
Satyam Computer Chairman B. Ramalinga Raju tendered his resignation after admitting to inflating revenue and profit figures over several quarters, sending the company's shares plunging more than 60%.
Wed, 07 Jan 2009 03:57:31 EST
China Urges Real-Estate Developers to Cut Prices
China plans to expand public housing and urged developers to cut home prices in an effort to stem job losses.
Wed, 07 Jan 2009 02:29:18 EST
Nikkei Climbs 1.7% on Tech Rise
Asian shares were solidly higher after a gain on Wall Street, with metals prices boosting resource stocks and electronics leading Tokyo up 1.7%.
Wed, 07 Jan 2009 02:22:32 EST
Indian Leader Accuses Pakistan of Terror Role
India's prime minister accused Pakistan of using terrorism as a policy tool and said the attackers had official Pakistani support.
Wed, 07 Jan 2009 02:59:37 EST
Japanese Deals Give Bankers Some Solace
Japanese companies' shopping spree overseas is providing lucrative business for M&A advisers at a time when deal-making is slowing globally.
Tue, 06 Jan 2009 18:39:16 EST
South Korea Unveils Jobs Program
South Korea plans to create one million jobs in so-called green projects in a four-year, $32.7 billion program.
Tue, 06 Jan 2009 18:45:51 EST
Steelmakers Raise Prices, Reopen Mills
Steelmakers are attempting to raise prices and reopen some closed mills in a sign the industry may have bottomed.
Wed, 07 Jan 2009 00:07:39 EST
BofA's Chief Decides to Forgo Bonuses
Bank of America's CEO said he and his top executives should get no 2008 bonuses. The lender also trimmed its stake in China's CCB.
Wed, 07 Jan 2009 00:04:30 EST
Toyota Extends Production Halt
Toyota announced further cutbacks in its domestic output and will halt production for 11 days in February and March.
Wed, 07 Jan 2009 00:11:35 EST
GM's China Sales Growth Slips
General Motors's passenger-vehicle sales in China fell in 2008 as the country's overall sales growth slowed.
Wed, 07 Jan 2009 00:11:35 EST
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