Channel NewsAsia



  • 1
    25 Oct 2014 Sat

    India clears defence projects worth US$13b: Report

    The Indian government has cleared long-delayed projects worth over US$13.1 billion to modernise the nation's ageing military hardware and boost its domestic defence industry. 

  • 2
    25 Oct 2014 Sat

    25 eurozone banks fail ECB stress test: Reports

    About 25 eurozone banks, or nearly one in five of 130 banks surveyed, have failed a stress test by the European Central Bank, reports said on Saturday (Oct 25).

  • 3
    25 Oct 2014 Sat

    Italian court quashes Dolce & Gabbana fraud convictions

    Fashion duo Domenico Dolce and Stefano Gabbana were accused of having transferred control of their brands to a shell company in Luxembourg in 2004 and 2005 to avoid paying Italian taxes.

  • 4
    25 Oct 2014 Sat

    Momentum building on Pacific trade deal: Australia, US

    Momentum is building towards a pan-Pacific trade agreement, representatives of Australia and the United States said on Saturday (Oct 25) as talks between trade ministers began in Sydney.

  • 5
    25 Oct 2014 Sat

    IMF fights negative interest rates

    The IMF said that from Monday it would maintain a floor rate of 0.05 per cent, or five basis points, on its special drawing rights or SDR currency, which represents a basket of the currencies of its largest members

  • 6
    25 Oct 2014 Sat

    Investors punish Amazon after hefty losses

    After posting widening losses, Amazon took a pounding on Wall Street on Friday (Oct 24), raising doubts on whether investors will support chief executive Jeff Bezos' strategy of putting investment ahead of profit.

  • 7
    25 Oct 2014 Sat

    Dollar dips in cautious trade ahead of Fed meeting

    NEW YORK: The dollar weakened against other major currencies on Friday (Oct 24) in cautious trade ahead of next week's Federal Reserve monetary policy meeting.

  • 8
    25 Oct 2014 Sat

    US stocks push higher despite big Amazon drop

    The Dow Jones Industrial Average gained 127.51 points (0.76 per cent) to 16,805.41. The broad-based S&P 500 advanced 13.76 points (0.71 per cent) to 1,964.58, while the tech-rich Nasdaq Composite Index rose 30.92 points (0.69 per cent) to 4,483.72.

  • 9
    25 Oct 2014 Sat

    Oil prices slide amid questions on reported Saudi cuts

    US benchmark West Texas Intermediate for delivery in December fell US$1.08 to US$81.01 a barrel on the New York Mercantile Exchange. Brent North Sea crude for December shed 70 cents, settling at US$86.13 a barrel in London trade.

  • 10
    24 Oct 2014 Fri

    US new home sales creep up to highest level in 6 years

    US new home sales rose 0.2 per cent to an annual rate of 467,000, the highest level in more than six years, according to official data released on Friday (Oct 24).