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Shares of oil producer Cairn India rose nearly three percent Monday after the explorer said it plans to invest $2 billion to raise output by more than 70 percent at its oilfields in the country’s northwest.
Asian markets mostly fell on Wednesday, with few catalysts to drive buying after recent gains, while Wall Street provided a limp lead.
The Philippines makes its biggest bet this weekend in a high-stakes bid to join the world’s elite gaming destinations, with the launch of a $1.2-billion casino on Manila Bay.
Japan’s top automakers are set to give tens of thousands of employees an annual bonus bump as a weaker yen helped their bottom line while Tokyo presses firms to hike staff pay to lift the economy.
Indonesians working for Chinese telecom firm Huawei joined a strike Friday over claims their employer broke labour laws, in the latest industrial action to hit a foreign company in Indonesia.
Chinese commerce minister Chen Deming expressed concern Friday about loose central bank policies pushing down the value of major currencies, as the Japanese yen extended its recent falls.
EU president Herman Van Rompuy on Thursday issued a damning report card on bloc efforts to complete the single European market, in a summit invitation that appeared to echo criticism made by British Prime Minister David Cameron.