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Indonesia to buy 24 refurbished US F-16 fighters

The United States plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the presidents of the two countries announced in Bali on Friday on the fringes of an Asia-Pacific summit.
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United Arab Emirates (UAE) is third richest country in the world, and has a world's largest shopping mall, The Dubai Mall. The country is made up of seven emirates, governed by a president and has an impressive GDP per capita of $57,744. The country has 8

Dubai Diversifies With Push Into Diamonds

The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds.
A building named as Sleeping Beauty's Castle is seen during sunset at Hong Kong Disneyland November 4, 2009.

Hong Kong Disneyland Hopes for Expansion Magic

With a new theme area that makes guests feel as if they're being shrunk to the size of a toy, Hong Kong Disneyland hopes to boost the number of visitors to a magic kingdom the performance of which to date has been less than dazzling.
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Japan Inc steps up shift overseas as yen stays high

Japan's big manufacturers led by Panasonic Corp and Nissan Motor Co Ltd are speeding up their shift overseas, in a sign corporate Japan sees the strong yen as a long-term handicap rather than a temporary blip.
Financial Crisis

Saving Capitalism from the Capitalists

Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
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Marvell warns about Thailand flood impact

Marvell Technology Group gave a cautious revenue forecast as widespread flooding in Thailand hurts demand for its hard-drive controllers, but upbeat news about expansion in China gave the chipmaker's stock a bump.
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Reed Elsevier on Track in Economic Storm

Anglo-Dutch publishing and events group Reed Elsevier Plc/NV posted a 1 percent rise in underlying sales for the first nine months of the year and said macroeconomic uncertainty had had only a marginal effect on its results.
Coach Store

Chinese Tourists on Global Luxury Spending Spree Driving Revenue at U.S. Retailers

In what appears to be a rapidly developing trend, Chinese visitors to the United States are being noticed more for the flash of their newly-bought designer bags than that of their Nikons. Tiffany & Co. (NYSE:TIF), Coach, Inc. (NYSE:COH) and Ralph Lauren (NYSE:RL) are just a few of the companies in the luxury retail sector that have recently noted how higher revenue at their North American operations has largely been boosted by Chinese shoppers on vacation.
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Delphi IPO prices at low end of range

Delphi Automotive Plc raised $530 million in its initial public offering -- in a deal that values the company much less than it had hoped for when IPO plans were first being formed.

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