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Asia higher ahead of Fed move

Asia higher ahead of Fed move Other Asian markets also were broadly higher, with South Korea putting on almost 2 percent and gains of 1 percent or more in Australia and Taiwan. In Japan, Takeda Pharmaceutical Co. Ltd. bounced back as concerns faded over additional tax payments the company may face. Nippon Oil Corp. rose as its announcement to raise wholesale gasoline prices from July increased its chances of higher earnings. Other stocks with profit growth potential were also in favor ahead of the Federal Reserves eagerly-awaited decision on interest rates later in the day (Full story). More : edition.cnn.com

eBay looks to Asia for growth

eBay looks to Asia for growth Online auction company eBay said it expects the number of Asia-Pacific users trading on its site to eventually outstrip that for the U.S. and Europe as Internet penetration grows, but it also predicts imminent competition. More than 30 million of the company's 181 million registered users worldwide are in the Asia-Pacific region, Chief Executive Meg Whitman said Thursday. "These are still small markets, but as Internet usage and broadband penetration increase, we see these markets growing bigger than our top markets currently," she said. And in markets like India, the company has seen a rise

Asia stocks to focus on oil, Fed meeting

Asia stocks to focus on oil, Fed meeting Lower oil prices may help underpin Asian stock markets this week as worries about inflation ease, but further direction is expected to come from the outcome of the Federal Reserves policy-setting meeting. The U.S. central bank is widely expected to keep interest rates unchanged on Wednesday following recent evidence of slower U.S. growth, while investors will be on the look-out for clues to future rate moves. Still, worries about slower global growth mean any market gains may be limited, some analysts say. More : za.today.reuters.com

Asia Pacific airlines should cut fuel surcharges on passengers - CAPA

Asia Pacific airlines should cut fuel surcharges on passengers - CAPA SINGAPORE (AFX) - The Centre for Asia Pacific Aviation (CAPA) warned that airlines should consider cutting their fuel surcharges on passenger tickets in the face of slowing travel demand and amid concerns over bird flu. CAPA executive chairman Peter Harbison said he will push this message in the annual aviation outlook summit which will be held on Dec. 5-6 in Kuala Lumpur. He noted that some freight carriers have already started to ease their surcharges to reflect the lower jet fuel prices. 'But passenger airlines appear reluctant to move on

Japan are the champions of Asia

Japan are the champions of Asia Japan beat Korea to take their title from them and Chinese Taipei beat Thailand and so qualified for the IRB's Under-19 Championship in Dubai in April 2006. Japan beat the holders of the title Korea. Both teams will be in Dubai, Japan in Division A and Korea in Division B. There was one Asian place left, and that has now been filled by Chinese Taipei. It was Japans first victory over Korea in a drought going back three years to 2003 . Their performance in the Asian regional qualifier