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Bangladesh garment workers riot over wage row (Jul 30)
DHAKA : Thousands of Bangladeshi garment workers blocked highways, attacked factories and looted shops in Dhaka on Friday, police said, after rejecting the terms of a government wage hike.


Japanese affiliates hit hardest by China strikes (Jul 30)
TOKYO : Japan-affiliated businesses were hit hardest by China's recent wave of labour strikes because of a belief among workers that they agree to pay rises most easily, a media survey said Friday.


French oil giant Total reports 72% jump in Q2 net profit (Jul 30)
PARIS : French oil giant Total said Friday its second quarter net profit jumped 72 percent to 2.96 billion euros (3.86 billion dollars), benefitting from higher oil prices.


ANA books US$60m net loss in first quarter (Jul 30)
TOKYO : Japan's All Nippon Airways (ANA) Friday said its quarterly net loss narrowed to 60 million dollars on last year and retained its full-year net profit forecast of 57 million dollars.


IMF backs more stimulus to help subdued US recovery (Jul 30)
WASHINGTON:The International Monetary Fund on Friday said more stimulus spending might be needed to aid a slow US economic recovery, wading into a toughly-fought political debate in Washington.


Samsung Electronics makes record Q2 profit of US$3.6b (Jul 30)
SEOUL: Samsung Electronics, the world's largest maker of memory chips and flat-screen televisions, reported record second-quarter profits Friday as revived global demand pushed up memory chip prices.


Japan's unemployment rises, output falls (Jul 30)
TOKYO: Japan's unemployment rate ticked higher while production of automobiles and electronic gadgets slipped in June, data showed Friday, in a mixed picture for the world's second-largest economy.


Motorola rings up sharply higher net profit (Jul 29)
NEW YORK: Motorola posted a six-fold increase in quarterly net profit on Thursday and an optimistic outlook for its mobile phone division ahead of its separation next year.


US dollar down on slower economic growth fears (Jul 29)
WASHINGTON: The US dollar fell on Thursday against most key currencies as sentiment for the greenback was dampened by expectations of slower US economic growth.


US stocks erase early gains (Jul 29)
NEW YORK: US stock markets ebbed on Thursday, reversing early gains garnered from news of an unexpected fall in jobless claims and solid company earnings as fears of a faltering recovery resurfaced.