Japanese shares outperformed the region by clinching a new multi-year high, as the rest of Asia traded mixed on Thursday.» Read More
Travel news headlines for Thursday include a profit warning from Qantas, ice storms in the U.S. and wind warnings in Europe.
Indian shares outperformed on Thursday while the rest of region declined on uncertainty over when the Federal Reserve may taper its stimulus program.
Asian equity markets followed their Wall Street counterparts higher on Thursday, led by a near 2 percent rally in Japanese shares.
Asian stocks tracked their U.S. peers lower on Thursday following a slightly less dovish than expected tone from the Federal Reserve.
Asian stocks erased gains on Monday after the latest comments from U.S politicians showed no signs of progress to resolve the budget standoff.
Singapore's project to double its air passenger handling capacity by the mid-2020s is set to extend its lead over neighbors, whose airports are struggling with congestion and construction delays.
Australia's government moved on Tuesday to scrap its carbon tax and bring forward an emissions trading scheme a year earlier than planned.
Asian stocks fell to new lows on Thursday, as sentiment remained vulnerable due to ongoing volatility in Japan's benchmark index, fears of Fed tapering and caution ahead of key central bank meetings in Europe.
Australia's competition regulator has granted Virgin Australia approval to take control of loss-making rival Tiger Australia in a move that will ramp up competition for Qantas Airways.
Australia's flagship carrier Qantas Airways said it has received compensation from Boeing for delays in deliveries of the grounded 787 Dreamliner jet.
Asian stocks closed mixed on Monday after Wall Street hit a five-year high in the previous session as strong economic data buoyed sentiment.
Japan's two leading airlines grounded their fleets of Boeing 787s on Wednesday after one of the Dreamliner passenger jets made an emergency landing, the latest in a series of incidents to heighten safety concerns over a plane many see as the future of commercial aviation.
A cyclone approaching Australia's northwest coast that forced miners to shut down key iron ore export terminals and offshore oilfields has intensified into a category four storm, the second-highest level, and will strengthen over the weekend.
Cash-rich Singapore Airlines will likely need acquisitions or more partnerships as it reshapes its strategy to tap into the fast growing Asian markets and to counter stiff competition from Middle Eastern carriers.
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*Singapore Airlines buys 10 pct Virgin stake for $108 mln. MELBOURNE, Oct 30- Singapore Airlines Ltd will buy a 10 percent stake in Virgin Australia Holdings Ltd for A $105 million, stepping up its competition with rival Qantas Airways Ltd in the lucrative Australian market.
*Singapore Airlines seen gaining exposure with 10 pct Virgin stake. MELBOURNE, Oct 30- Virgin Australia Holdings Ltd said alliance partner Singapore Airlines will buy a 10 percent stake for A $105 million, helping it compete with Qantas Airways in the lucrative Australian market.
MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday, with miners boosted by a jump in iron ore prices that helped offset concerns about global economic growth. No. 3 iron ore miner Fortescue Metals Group. rose 3.6 percent and Northern Iron.
CANBERRA, Oct 9- Qantas Airways Ltd's chief executive said he was confident Australian regulators would approve a proposed alliance with Dubai's Emirates. Australia's biggest airline announced a 10- year alliance with Emirates last month that is currently under evaluation by the competition watchdog, the Australian Competition and Consumer Commission.
MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday on a jump in iron ore prices that helped offset concerns about global economic growth. No. 3 iron ore miner Fortescue Metals Group. rose 3.6 percent and Northern Iron.