NEW LOW: Although the dollar clawed back some ground against an ascendent euro on Friday, it was down sharply against the yen while the pound hardly moved
The ailing US dollar took a fresh drubbing on Friday, briefly slumping to yet another record low against the euro, as traders voiced increasing concern about the fragility of the US economy.

[ FULL STORY ]

Asian currencies rose, led by the New Taiwan dollar and the Malaysian ringgit, on speculation interest-rate cuts in the US will prompt investors to shift money into the region's higher-yielding assets.

[ FULL STORY ]

The gloom on Wall Street remains after a failed rally effort and investors still skittish about how far and how fast the US economy will sink.

[ FULL STORY ]

BACK AND FORTH: While the NT dollar's appreciation made electronics exporters suffer, construction firms and those with large real estate holdings were smiling
Asian stocks rose for the second week this year, led by financial companies and oil producers, on speculation a planned rescue of US bond insurers will contain credit-market losses and after crude oil climbed to a record.

[ FULL STORY ]

Oil prices briefly charted fresh record territory on Friday, rising to US$103.05 as the US dollar fell to all-time lows, before profit-taking trimmed the gains, traders said.

[ FULL STORY ]

European stock markets closed sharply lower on Friday as weak US data and comments from the US central bank chief sparked fresh concerns that the world's biggest economy is falling into recession.

[ FULL STORY ]

COUP: Northrop and Airbus parent EADS won a major Air Force refueling plane deal in a shock blow to Boeing, until now the Pentagon's sole supplier of aerial tankers
Northrop Grumman and the maker of Airbus planes beat out Boeing Co to win a US$35 billion government contract to build military refueling planes, the US Air Force said on Friday.

[ FULL STORY ]

GOING GREEN: While most firms will be showcasing the cutting edge in eco-friendly technology, Intel plans to buck the trend by unveiling a power-guzzling PC for gamers
A total of 428 manufacturers of information communications and technology products from Taiwan are scheduled to take part in the CeBIT computer expo set to start in the German city of Hannover on Tuesday.

[ FULL STORY ]

Russian gas giant Gazprom said on Friday it would cut its supplies to ex-Soviet neighbor Ukraine by 25 percent from tomorrow in the latest twist to a long-running dispute over debt payments.

[ FULL STORY ]

Emma Marcegaglia's election as the head of the national employers' association Confindustria is a major first in Italy's male-dominated business world.

[ FULL STORY ]

The production value of Taiwan's integrated circuits (IC) industry is expected to post growth of 8.8 percent this year to amount to NT$1.59 trillion (US$51.37 billion), the Industrial Technology Research Institute (ITRI, 工研院) said yesterday.

[ FULL STORY ]

Disputes between three billionaire brothers who run one of Hong Kong's largest property companies led to the sudden departure of the eldest sibling, who is also the company's chief executive, newspapers reported yesterday.

[ FULL STORY ]

■ RETAIL

[ FULL STORY ]