MOMENTUM: Developing Asia, which excludes Japan, grew 8.5 percent last year and the Asian Development Bank says that the brightest success story comes from India
Growth in developing Asian economies should rise more than 8 percent this year and next year, buoyed by strong performances from China and India, the Asian Development Bank (ADB) said yesterday.

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LOOKING FOR SIGNS: Four major investment banks and smaller ones make up about a quarter of S&P's 500 index, whose strength is seen as crucial
On Wall Street, now more so than any time in recent memory, everyone is holding their breath and fearing the worst.

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ABN Amro Holding NV, the Dutch bank at the center of a massive takeover battle, said yesterday it has so far not suffered much from turmoil on credit markets, and it expects to meet its earnings target for this year.

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Samsung Electronics Co, the world's second-largest chipmaker, fell to a three-and-a-half-month low on Seoul's stock exchange after the US Justice Department began probing makers of flash memory over possible antitrust violations.

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The growing trade in manufactured parts and components is helping East Asia weather the strengthening of regional currencies while inducing greater economic integration, an Asian Development Bank (ADB) report said yesterday.

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Iran yesterday unblocked access to the Google search engine and its Gmail e-mail service after briefly filtering them owing to an "error," the Fars news agency reported.

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