Business News

Oil rises to near US$130 a barrel in Asia as Iran nuclear talks end without agreement Posted: 21 Jul 2008 02:06 AM CDT SINGAPORE (AP) _ Oil prices rose Monday in Asia to near US$130 a barrel on concerns that the threat of new sanctions against Iran over its nuclear program may escalate tensions in the oil-rich Gulf region.

LG Electronics' net profit surges 84 percent amid record mobile phone sales Posted: 21 Jul 2008 01:51 AM CDT SEOUL, South Korea (AP) _ LG Electronics said Monday that second-quarter net profit surged 84 percent from the same period last year amid record mobile phone sales.

Taiwan's main stock index gains 3.97 percent on regional strength, Wall Street gains Posted: 21 Jul 2008 01:45 AM CDT TAIPEI, Taiwan (AP) _ Taiwan's main stock index climbed nearly 4 percent Monday, boosted by last week's strong performance on Wall Street and gains on regional bourses.

Rising oil lifts gold, platinum near 11-week low Posted: 21 Jul 2008 01:44 AM CDT By Lewa Pardomuan

GLOBAL MARKETS - Asia stocks surge but financial fears linger Posted: 21 Jul 2008 01:33 AM CDT By Kevin Plumberg

Indian shares up but political uncertainty weighs Posted: 21 Jul 2008 01:28 AM CDT MUMBAI (Reuters) - Indian shares were higher on Monday after the prime minister said the government would win a confidence motion in parliament, but investors were wary ahead of the vote on Tuesday.

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