3 jets avoid midair collision near DC, report says
US Airways says it is working with federal officials to investigate a newspaper report that three commuter jets narrowly averted a midair collision near Ronald Reagan Washington National Airport.
Crown Proposes Hotel, Second Casino In Sydney
Australian billionaire James Packer's Crown Ltd. (CWN.AU) said Thursday it has signed an agreement with Lend Lease Corp. (LLC.AU) to build a new luxury hotel resort in Sydney that would give Australia's largest city its second casino.
SK Telecom 2Q Net Profit Drops 74% on Lower Phone Fees, Higher Marketing Costs
SK Telecom Co. (017670.SE), South Korea's largest mobile carrier by subscribers, said Thursday second-quarter net profit fell 74% from a year earlier as lower phone fees and higher marketing costs to promote faster network technology weighed on its bottom line.
Sharp Plans To Cut 5,000 Workers Globally
Sharp Corp. (6753.TO) plans to cut 5,000 workers in Japan and overseas, a person close to the matter said Thursday.
Fraser & Neave, Asia Pacific Breweries on Trading Halt
Fraser & Neave Ltd. (F99.SG) and Asia Pacific Breweries Ltd. (A46.SG) shares were placed on trading halts Thursday, a day ahead of a deadline for the Singapore conglomerate to accept Heineken NV's (HINKY, HEIA.AE) 5.1 billion Singapore dollar (US$4.1 billion) offer to buy out Fraser & Neave's stake
Asian Shares Up As Investors Look to ECB Outcome
Most Asian stock markets were modestly higher Thursday as investors digested the U.S. Federal Reserve's decision not to deliver fresh stimulus measures, and looked ahead with some hope for positive action from the European Central Bank later in the global day.
Hong Kong Stocks Retreat After 5-day Rally
Hong Kong stocks fell early Thursday after a five-day winning streak, with telecommunication shares and some banks in the red after the U.S. Federal Reserve didn't expand its monetary stimulus.
Australia Trade, Retail Data Surprise To Upside
Australia's June retail sales beat expectations, while the trade account swung to a surprise surplus for the month, data released Thursday showed.