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Japan's 98th airport opens with only one flight (Mar 11)
TOKYO : Japan's newest airport opened outside Tokyo Thursday aiming to lure budget airlines, but there was deep scepticism about its profitability as it has only one scheduled daily flight so far.


US lawyers seek billions from Toyota for vehicle value loss (Mar 11)
CHICAGO: US lawyers are seeking billions of dollars from Toyota to compensate the millions of people who saw the value of their vehicles drop in the wake of a series of mass safety recalls.


China's consumer prices up 2.7% in Feb (Mar 11)
BEIJING: China said Thursday that consumer prices rose in February for the fourth straight month while new lending slowed sharply from a month earlier, as the government stepped up efforts to tame inflation.


SKorea central bank freezes key rate for 13th month (Mar 11)
SEOUL: South Korea's central bank Thursday froze the key interest rate at a record low 2 per cent for a 13th month amid uncertainty about the economy at home and abroad.


US views Doha framework as "not satisfactory": lawmaker (Mar 11)
WASHINGTON: The United States is unhappy with the current framework of the Doha Round of negotiations to forge a global trade accord, a key lawmaker said Wednesday after talks with WTO chief Pascal Lamy.


Japan's economic recovery slower than thought (Mar 11)
TOKYO: Japan's economy grew at a slower rate than previously thought in the fourth quarter of 2009, new data showed Thursday, raising fresh concerns over the country's recovery from a crushing recession.


ECB to examine European IMF plan: Trichet (Mar 11)
FRANKFURT: The European Central Bank will consider a proposed emergency fund for eurozone economies in distress, ECB chief Jean-Claude Trichet said on Wednesday.


US dollar dips against euro as China fuels risk appetite (Mar 10)
NEW YORK: The US dollar weakened against the euro on Wednesday as the market grappled with uncertainty about the global economic recovery and positive Chinese export numbers fuelled risk appetites.


Wall Street up on wholesale data (Mar 10)
NEW YORK: Wall Street stocks drifted higher on Wednesday after government data showed a drop in wholesale inventories and rising sales, lifting hopes of economic recovery and improvement in the job market.


Oil prices rally as US fuel reserves slide (Mar 10)
NEW YORK: Oil prices climbed on Wednesday on declining fuel stockpiles in the United States, indicating strengthening demand in the world's top energy consumer.