New security restrictions could hurt airlines

Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say. See full article.

JAL bankruptcy proposed as option to banks: sources

A state-backed turnaround fund may seek to put Japan Airlines Corp through bankruptcy court as part of a restructuring of the struggling carrier, two sources with knowledge of the matter said. See full article.

U.S. retail holiday sales up 3.6 percent: report

U.S. retailers posted a better performance during the 2009 holiday shopping season, with sales as tracked by MasterCard Advisors unit SpendingPulse up 3.6 percent. See full article.

Russia to prosecute YouTube police whistleblower

A former policeman who accused senior officers of corruption in a series of video blogs will himself face prosecution for abuse of office, Russian investigators said on Monday. See full article.

China urged to keep policies flexible

China needs to keep its economic policies flexible to fight against excessive surges in asset prices and hot money inflows, a central bank adviser said over the weekend. See full article.

South Korea wins landmark Gulf nuclear power deal

A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favored U.S. and French rivals to one of the Middle East's biggest ever energy contracts. See full article.

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