Business News

HK Disneyland to benefit from special China visas Posted: 30 Jul 2008 03:14 AM CDT HONG KONG (AP) _ Hong Kong Disneyland welcomed a new trade deal Wednesday that could bring millions of tourists from mainland China at a time when the theme park is struggling to boost attendance.

Rupee steady as stocks gain, lower oil helps Posted: 30 Jul 2008 03:07 AM CDT MUMBAI (Reuters) - The rupee was rangebound in afternoon trade on Wednesday, boosted by a rise in local shares and lower oil prices, but month-end dollar demand from oil refiners checked sharp gains.

Oil steady above US$122 on worries over US demand Posted: 30 Jul 2008 02:57 AM CDT SINGAPORE (AP) _ Oil prices held steady Wednesday in Asia near US$122 a barrel after sliding overnight on expectations that this year's surge in energy costs is undermining U.S. gasoline demand sent crude.

Matsushita plans plant for rechargeable batteries Posted: 30 Jul 2008 02:52 AM CDT TOKYO (AP) _ Matsushita Electrical Industrial Co. plans to build a new 100 billion yen (US$950 million) lithium-ion battery plant in western Japan, the Japanese maker of Panasonic electronics products said Wednesday.

Gold near 3-week low on oil, Iran tensions may help Posted: 30 Jul 2008 02:47 AM CDT By Lewa Pardomuan

Nintendo reports jump in 1Q profit on hit Wii Posted: 30 Jul 2008 02:47 AM CDT TOKYO (AP) _ Nintendo of Japan says its profit for the fiscal first quarter rose 34 percent from a year ago as sales of its hit Wii video game consoles shot up.

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