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US energy rally extends into Asia

2015-12-24 01:33:06| BBC News | Business | UK Edition

Australian shares are off to a positive start on Thursday, boosted by a commodities-led rally in US stocks overnight.

Tags: energy asia extends rally

 

VIDEO: Beyond the pale in Asia

2015-12-23 02:56:16| BBC News | Business | UK Edition

In Asia, the preference for pale skin may give way to a fashion for tanning, as the sun-kissed look takes on a glamorous tone.

Tags: video asia pale

 
 

After fueling US$1 trillion Asia deal spree, China's M&A set to hit new heights in 2016

2015-12-22 05:56:38| Chemicals - Topix.net

China Inc's outbound acquisitions spree in 2015 helped push Asia-Pacific's annual deal value past US$1 trillion for the first time, with 2016 set for a bigger splurge still as Chinese firms buy even more assets abroad to sidestep slowing domestic growth. A vendor holds Chinese Yuan notes at a market in Beijing in this August 12, 2015 file photo.

Tags: set hit deal asia

 

VIDEO: Why Macau is facing competition in Asia

2015-12-22 01:36:12| BBC News | Business | UK Edition

China's Macau has been struggling recently - so now it's facing a growing number of rivals who are keen to cash in on Asia's appetite for gambling.

Tags: video asia competition facing

 

TeliaSonera divests stake in Nepal's Ncell, begins Central Asia exit

2015-12-21 11:51:53| IT Services - Topix.net

Dec 21 Swedish telecoms operator TeliaSonera AB on Monday said it has agreed to sell its 60.4 percent stake in Nepalese operator Ncell to Malaysian mobile operator Axiata for $1.03 billion, receiving a further $48 million in compensation for dissolving a Nepalese ownership. TeliaSonera had said in September it would gradually abandon Central Asian markets, hit by years of investigations into alleged corruption linked to local partners and problems accessing cash in distant countries.

Tags: central asia begins exit

 

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