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Nikkei Drops After Surge on Yen Intervention

The Nikkei average edged lower, giving up sharp morning gains made after Japanese authorities intervened to curb persistent yen strength as investors locked in profits on concerns the yen won't stay down for long.
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A man walks past an 'Acer' office during the Mobile World Congress in Barcelona

Acer Sees 4Q Sales Dip, Lifts Prices on Thai Floods

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.
Bangkok floods 14

Thousands Flee Bangkok as High Tide, Floods Threaten City

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.
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Japanese Factory Output Posts First Post-Quake Slump

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.
A mahout stands on an elephant in a flooded area of Thailand's Ayutthaya province, October 13, 2011.

Flood Continues in Thailand, Bangkok Residents Evacuate [PHOTOS]

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.
A man carries his mother during an evacuation as floods advance into Bangkok

Thailand to Suffer 'Sizeable' Economic Impact from Floods

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.
Late Chinese leader Mao Zedong is seen on a 100 yuan banknote in this photo illustration taken in Beijing

Exclusive: China eyes creation of ASEAN Bank

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.
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Thai Floods Threaten Asian PC Makers' Holiday Sales

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.
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Actor sues Hangover 2 makers saying they stole his life

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.
Thailand Floods: A Third of the Country Under Water; $30 Bn Loss to Economy (PHOTOS)

Thailand Flood: Bangkok Braces as Damage Swells [PHOTOS]

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.
BSE Sensex rises tracking Asia

Sensex, Nifty Hit Resistance; Metals Fall

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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Tips for Avoiding Travel Scams

Learn about these eight travel scams before booking your next trip and you'll be traveling like a pro.

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