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  • Asian stocks took a beating Thursday, after Wall Street closed at a three-month low, sparking fears of a pullback in export demand with oil prices remaining high and feeding a rally in safe-haven government bond prices. Japan shed 2.2 percent while Australia gave up 1.4 percent.

  • Asian Markets Stage Late Rally, China Surges 5% Wednesday, 18 Jun 2008 | 5:20 AM ET

    Asian markets staged a late rally Wednesday with Japan and South Korea closing in the black, as oil dipped for the fourth straight session, signaling lower costs for firms following a plan by top exporter Saudi Arabia to raise crude output.

  • Asian Markets End Mixed; China Falls 2.8% Tuesday, 17 Jun 2008 | 5:58 AM ET

    Asian markets ended mixed Tuesday with the weaker U.S. dollar pushing exporters such as Canon to a weaker finish. But financial shares moved higher, helping to offsetting losses.

  • Asian Markets Rally on Easing Inflation Fears Monday, 16 Jun 2008 | 4:57 AM ET

    Asian markets rallied Monday after muted U.S. consumer price data and softer oil prices helped ease concerns about inflation and higher interest rates in the world's top economy. Japan closed 2.7% higher.

  • Malaysia Reviewing Subsidized Fuel System : Paper Monday, 16 Jun 2008 | 12:22 AM ET
    Malaysia

    Malaysia, which raised fuel prices sharply this month, is considering a plan to sell a fixed amount of fuel to motorists each month on subsidised rates, a report said on Monday.

  • Asian Markets Mixed after Volatile Session Friday, 13 Jun 2008 | 5:08 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian markets came off initial losses Friday in volatile trading, with gains in technology and export-related stocks offsetting weakness in financials and shippers. Japan, Australia and South Korea all closed stronger.

  • Asian Markets Sink on Inflation Fears Thursday, 12 Jun 2008 | 5:20 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian stocks sank deep into the red Thursday, with markets battered down by 2% on average. Japan, Australia and South Korea all closed sharply lower.

  • Asian Markets Move Higher in Afternoon Rally Tuesday, 10 Jun 2008 | 8:23 PM ET

    Asian markets staged a late rebound as persistent worries about inflation kept investors cautious for most of the morning session. However stocks rallied in the afternoon with Japan climbing over 1 percent.

  • Chinese Stocks Plummet in Asian Selloff Tuesday, 10 Jun 2008 | 5:36 AM ET

    Shanghai stocks suffered the most severe losses in widespread stock declines in Asia Tuesday, as investors returned after a long weekend to a sea of red. Ongoing credit worries and concerns about the U.S. economy continued to keep investors wary.

  • Malaysia PM in Key State to Douse Fuel Hike Anger Tuesday, 10 Jun 2008 | 3:24 AM ET
    Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian Prime Minister Abdullah Ahmad Badawi, trying to assuage anger over the steepest hike in fuel prices in years, said on Monday the administration will announce more measures to ease the burden on consumers.

  • Malaysia Ministers Take Pay Cut to Save Costs Monday, 9 Jun 2008 | 9:12 AM ET
    Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian Prime Minister Abdullah Ahmad Badawi, trying to assuage public anger over a steep hike in fuel prices, said on Monday government ministers would take a 10 percent cut in allowances.

  • Asian Stocks Slide on High Oil, US Concerns Monday, 9 Jun 2008 | 5:11 AM ET

    Asian stocks came under selling pressure Monday, after Wall Street slumped on Friday, as oil spiked $11 and renewed fears of stagflation in the world's largest economy gripped the markets

  • Malaysia Plans Measures to Soothe Fuel Hike Anger Sunday, 8 Jun 2008 | 11:04 PM ET
    Visiting Kazakhstan President Nursultan Nazarbayev, right, and Malaysian Prime Minister Abdullah Ahmad Badawi pose outside the latter's office in Putrajaya, outside Kuala Lumpur, Malaysia, Monday, June 26, 2006. Nazarbayev arrived in Malaysia Sunday for a three-day visit. (AP Photo/Bazuki Muhammad, Pool)

    Malaysian Prime Minister Abdullah Ahmad Badawi, trying to assuage anger over the steepest hike in fuel prices in years, said on Monday the administration will announce more measures to ease the burden on consumers.

  • Asian Markets Jump as Energy Prices Surge Friday, 6 Jun 2008 | 5:19 AM ET

    Asian markets were firmer but off their highs Friday, lifted by energy firms following a jump in oil prices. Both Japanese and Australian markets  gained over 1% .

  • India, Malaysia Raise Fuel Prices as Oil Rally Bites Wednesday, 4 Jun 2008 | 7:00 PM ET

    India and Malaysia raised retail fuel prices, joining a growing number of Asian nations no longer able to afford big subsidies in the face of record-breaking oil prices.

  • Malaysia to Scrap Fuel Price Curbs, Use Market Rate Tuesday, 3 Jun 2008 | 12:20 AM ET
    Malaysia

    Malaysia will scrap fuel price controls in August and allow pump prices to rise in line with market rates as part of plans to cut the government's burgeoning subsidy bill, the domestic trade minister said on Tuesday.

  • Malaysia

    Malaysia's plan for a showpiece economic zone in its south is in doubt because of the uncertain fate of the country's prime minister and a lukewarm response from big investors in nearby Singapore.

  • Asian Markets Edge Higher, Japan Climbs 1.5% Friday, 30 May 2008 | 5:05 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian markets edged up Friday, led by exporters in Japan, as fears of a deep U.S. recession receded, but gains were capped by worries that inflation will cut into growth and lead to higher borrowing costs.

  • Asian Markets Rally, Japan Jumps 3% on Exporters Thursday, 29 May 2008 | 5:07 AM ET

    Asian markets rallied Thursday with Japanese shares making their biggest daily gain in amonth, after a monthly gauge of U.S. business spending rose to its highest this year. Tokyo closed 3 percent higher, but China's main index slumped.  

  • Petronas Buys Stake in Santos Australia Gas Project Wednesday, 28 May 2008 | 11:54 PM ET
    Natural Gas

    Malaysia's Petronas will buy a 40 percent stake in Australian energy firm Santos' Gladstone liquefied natural gas project in Australia for $2.51 billion, sending Santos' shares up 10%.