Taiwan's Acer Inc. expects fourth quarter sales to fall as much as 10 percent from the previous three months and will raise prices as flooding in Thailand disrupts supplies of hard disk drives for PCs.
Traffic clogged roads out of Bangkok Friday as tens of thousands of people fled ahead of a high tide expected to worsen floods that have inundated factories and prompted foreign governments to warn their citizens to stay away.
Japanese factory output fell in September for the first time since the devastating March earthquake, a sign the economy's recovery from the disaster is tailing off in the face of slowing global growth, the strong yen and Europe's lingering debt woes.
The latest news on the floods in Bangkok and how it is affecting travel and tourism in the region.
Now that most U.S. technology companies have reported quarterly results, the upshot is that they largely dodged any bullets from the European economic crisis.
Thailand is struggling with the worst flooding it has seen in 50 years. The flood has affected a third of its provinces and is currently swamping its densely populated capital, Bangkok. The flood, which started in July, has caused billions of dollars in damage and has taken the lives of 373 people. A third of Thailand's provinces are drenched and over 110,000 people have been displaced.
Tens of thousands of people have fled the capital of Thailand, Bangkok, by truck, boats, and trains, as floodwaters descend upon the metropolis of 12 million people, with severe flooding expected over the weekend.
China is considering a proposal to set up a regional bank to help its small and medium enterprises invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.
The latest news on travel alerts, evacuations, and the airports in Thailand as Bangkok faces severe floods.
Bangkok has tried to remain a dry island as the rest of Thailand experiences the worst flooding in 50 years, but as waters rise, the city's 12 million people could soon be inundated.
Advancing floodwater shuts down domestic airports, Don Muang, as the city prepares for surges of water expected later this week.
Asia's PC makers, already grappling with the prospect of subdued year-end holiday season consumer demand, are faced with a likely further slowdown in the lunar new year sales season as Thailand's floods cut the supply of hard disk drives.
Six districts outside of Bangkok are being evacuated as floods threaten the economic center of Thailand.
Almost 60 years after the end of the Korean War, the U.S. and North Korea have reached an agreement to resume searching for the bodies of American soldiers who died during that war.
An estimated 2,000 sharks have been slaughtered in waters off Malpelo Island, located near Colombia's Pacific coast, according to Colombian environmental authorities.
The top pre-market NASDAQ Stock Market gainers are: Apollo Group, Intuitive Surgical, Golar LNG, Yahoo, and Intel. The top pre-market NASDAQ Stock Market losers are: ON Semiconductor, Cree, Apple, LM Ericsson Telephone, and TriQuint Semiconductor.
Why anyone would publicly admit that The Hangover 2 was based on his own life is a mystery, but that's exactly what's happened in a lawsuit filed by an aspiring actor and filmmaker who claims the movie's makers lifted the plot from his life experiences.
Severe flooding in Thailand has left more than 300 people dead and stranded thousands of others. As rain waters inundate farms and flood cities, the country now faces about $7 billion in damages.
Gold reserve levels at the world's central banks are holding steady, the World Gold Council reported Monday.
Pathum Thani, a town only 30 miles north of Bangkok, is already heavily flooded.
Shares were trading down on Thursday after an early rise met with resistance, a day after the BSE Sensex had climbed to its highest close in more than three weeks.
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