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Thursday, September 2, 2010 As of 11:43 AM EDT
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Breaking News

An offshore oil rig has exploded in the Gulf of Mexico, west of the site of the April blast that caused the massive oil spill.

Independent Sides With Australia Labor Party
Independent lawmaker Andrew Wilkie said he will back the ruling Labor party into office, giving momentum to Prime Minister Gillard's bid to form a minority government.
- Earlier: Gillard Rejects Fresh Election Call
- Opinion: Democracy in Australia

Asia Higher, But Caution Prevails
Asian stock markets closed higher Thursday. In Tokyo, tech plays and auto makers drove the market higher, pushing the Nikkei up 1.5%
- Heard: Breakers Ahead for India's Banks
- Thailand Concerned About Baht's Strength
- U.S. Stocks Get a September Pop
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Lee Aims to Spark Korean Unification Discussion
South Korea's unification minister says the president's mention of unification tax was intended to start an overdue national conversation about the country's future relationship with the North Korea.
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Typhoon Lashes Korea, Killing Four
A typhoon slammed into South Korea, killing at least four people in what was called the strongest tropical storm to hit the Seoul area in 15 years.
- Slideshow: Typhoon Kompasu Hits South Korea
Bus Hijacking Victims' Bodies Mixed Up
Philippine authorities sent the bodies of three of the victims in the Manila bus hijacking to the wrong families, Hong Kong officials said.
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Kissel Seeks Dismissal in Hong Kong
Nancy Kissel, the expatriate American housewife who won a retrial after being convicted of murdering of her banker husband in Hong Kong, will ask a judge to dismiss the case against her.
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Aeon Looks Beyond Japan
Aeon's appetite for Carrefour's stores in southeast Asia reflects the Japanese supermarket and general-merchandise retailer's struggles with weak demand and heightened competition at home.
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Thai Court Rules Industrial Projects Can Resume
The go-ahead for 74 of 76 projects at Map Ta Phut industrial park, suspended over environmental and health concerns last year, follows cabinet action Tuesday.
- Photos: Back in Business
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Shinhan Financial to Remove President
South Korea's Shinhan Financial will remove its president over allegations of breach of trust—news that sent the company's stock tumbling.
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Macau Gambling Revenue Surges
Macau's gambling revenue rose 40% in August from a year earlier, reinforcing that China's gambling center has soundly recovered from the malaise of 2009.
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Esprit Net Profit Falls 11%
Esprit Holdings said its fiscal full-year net profit fell 11% on weak wholesale business and continued economic weakness in Europe, from which it derives the majority of its revenue.
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Ford Sees Expansion in Asia, Africa Markets
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Thailand Watching Baht's Strength
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Breakers Ahead for India's Banks
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Rio Tinto Expects Price Drop
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Delta Airlines: Strong Yen Boosts Travel
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Land Acquisition Starts for Australian LNG Project
Bombings in Lahore Kill 25
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China Asks Cellphone Users for ID
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Central Banker Seeks to Calm Fears
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Toxic Gas Poisoned Afghan Schoolgirls
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China Eyes Potash Corp.
Rising Yen Helps Japan's Stocks
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Ping An to Increase Shenzhen Bank Stake
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Munich Re Makes Japan Bet
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Citigroup to Expand in China
Ozawa Pledges New U.S. Base Pact
Pakistan's Growth to Tumble
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Spain Reaches Out to China on Bonds
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Myanmar Junta Chief Retains Power
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China's Rebound Eases Slump Fears
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Carrefour Takes Asia Asset Bids
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Yitai Coal, Mongolian Mining Plan IPOs
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India Manufacturing Growth Slows
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China Deflects Pressure for Yuan Rise
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India's Auto Makers Post Strong Sales
IBM Works on China's Medical Records
Samsung Sticks With Galaxy Lineup
KT Unveils New Tablet

News by Country and Region

News from the Wall Street Journal and Dow Jones Newswires

Tech

Samsung Unveils iPad Rival
Samsung introduced its Galaxy Tab to rival Apple's iPad tablet. The device could help the company make up for lost ground in its smartphone business.
- Earlier: Samsung Doesn't Plan a Holiday Smartphone
- Preview: Samsung Could Miss Holidays
IBM Works on China's Medical Records
IBM is deploying technology in a group of Chinese hospitals that will help them use patient records to make statistical analyses of traditional Chinese medicine treatments.
Smartphones Take Hold in China
Sony Ericsson CEO Bert Nordberg expects smartphone use in China to expand to half of all mobile-phone users in the country within five years.
- Earlier: Motorola Makes China Push
Microsoft Sets Goal for China
Microsoft is looking for a Chinese partner to help make the U.S. company a major player in China's Internet-search market.
- China Real Time: Microsoft on Bing, Piracy, Xbox
KT Unveils New Tablet
The price tag of KT's new seven-inch device will be about half that of its competitors, raising speculation that the device will try to compete with Samsung's planned Galaxy Tab.
Taiwan PC Makers Post Profit Rises
Taiwan's major personal-computer makers, Acer, Compal and Quanta, reported rises in second-quarter net profit, helped by a recovery in demand for electronic products.
Hurd to Leave News Corp. Board
Former H-P Chief Executive Mark Hurd will leave the board of News Corp.
Politics
Australia PM Rejects Fresh Election Call
Australian Prime Minister Julia Gillard rejected calls for an early return to the polls after the first inconclusive election result in 70 years.
- Opinion: Democracy in Australia
Myanmar Junta Chief Retains Power
A message from Myanmar's junta chief Senior Gen. Than Shwe appeared in state media Tuesday, dispelling reports that he had stepped down from the army.
Ozawa to Challenge Prime Minister
Japan's ruling party leadership vote in September will pit one of its most powerful memers, Ichiro Ozawa, against Prime Minister Naoto Kan