IBT Staff Reporter

110551-110580 (out of 154944)

Taiwanese tear-jerker wins 'Chinese Oscar'

Taiwan director Leon Dai's harsh real-life drama No Puedo Vivir Sin Ti won best feature over the weekend at the Golden Horse Film Awards, regarded as the Oscars for Chinese-language movies.

Stocks set for higher open on sales optimism

U.S. stock futures pointed to a slightly higher open on Monday on optimism over holiday retail sales and as concerns eased that a possible debt default by two of Dubai's flagship firms could damage a global economic recovery.

Journalists protest over massacre in Philippines

Hundreds of Philippine journalists and human rights activists staged a protest near the presidential palace on Monday, demanding justice for 30 colleagues who were among 57 people massacred last week in the troubled south.

BOJ hints market support possible

The governor of the Bank of Japan said the bank will act decisively in the event of renewed financial market turmoil, his strongest hint yet at fresh support for the economy that analysts say could involve buying more government bonds or a return to quantitative easing.

Oil ticks up above $76, eyes on Dubai

Oil prices recovered a little on Monday, rising above $76 a barrel as the dollar weakened, but investors kept a wary eye on debt-laden Dubai and its impact on the global economy.

Cash is king for holiday shoppers

Cash was king for consumers who shopped over the Thanksgiving weekend, according to survey results released on Sunday, and that factor could have cost retailers additional sales.

Euro zone returns to inflation in Nov

The euro zone returned to inflation in November, data showed on Monday, as more expensive oil boosted consumer prices by more than expected after five straight months of falls.

GM sees China market sales growth slowing

General Motors expects sales growth for China's auto market to drop dramatically in 2010, as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday.

Iran sees little point to nuclear curb pact: official

Iran sees little point to staying in the Non-Proliferation Treaty, a senior official said on Monday, a day after announcing plans to build 10 more nuclear sites in a swipe at growing pressure to rein in atomic activity.

FTSE lower as Dubai worries linger; oils weak

Britain's top share index was 0.8 percent lower by midday on Monday, pulled down by weak energy stocks and banks, as investors were troubled by lingering anxiety caused by Dubai's debt problems.

UAE markets dive on Dubai debt woes

United Arab Emirates stocks dived on Monday as investors waited for clarity on Dubai's plan to delay repaying billions of dollars in debt and government word on how it would tackle a crisis that has rattled global markets.

Nokia plans one Linux phone, no plant sales eyed

Nokia Oyj plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up.

Stock futures edge up; eyes on Dubai, retailers

stock index futures were slightly higher early on Monday, following the previous session's sharp retreat, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.13 percent and Nasdaq 100 futures up 0.24 percent at 0855 GMT (5:55 a.m. EST).

FAA turned down Boeing 777 warnings: report

The U.S. aviation regulator decided to allow over 130 Boeing Co 777 airplanes to continue flying international trips through early 2011, despite warnings about suspect parts that have caused rare shutdowns in midair, the Wall Street Journal reported.

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