Asia-Pacific stocks fell steeply as anxieties about the US economy and the global outlook heightened amid worsening data and the prospects for US carmakers
Chinese stocks fought off the gloom enveloping the rest of the region amid growing hopes that Beijing would soon introduce a fuel tax that would help the profit margins of refining companies
China Central Television, the network with most viewers worldwide, has attracted record sales for prime time advertising slots next year, in stark contrast to China's overall economic slowdown and to the fall-off in ad spending in other markets
The dry bulk shipping industry's crisis is being fuelled by unprecedented levels of contract breaches, an industry summit heard
The head of Nomura, Japan's largest broker, said the global liquidity crisis was over and a recovery of the global economy would depend on financial support from key governments, especially China