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Asian Business Headlines at 6:49 p....



Asian Business Headlines at 6:49 p.m. GMT



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Survey: Chinese factories eke out expansion in September

Fri, 30 Sep 2016 07:51:15 GMT2016-09-30T07:51:15Z

HONG KONG (AP) -- Chinese factories eked out a tiny expansion in activity for September as new orders picked up marginally, offering a glimmer of hope for the world's No. 2 economy, according to a private survey Friday....



Anti-wildlife trafficking group lauds Thai ivory crackdown

Fri, 30 Sep 2016 13:12:26 GMT2016-09-30T13:12:26Z

BANGKOK (AP) -- A major conservation group has praised Thailand for a huge drop in sales of ivory items resulting from an official crackdown aimed at shedding the country's image as a center for the illicit trade in wildlife goods....



Stocks say 'nevermind'; reverse recent losses as banks jump

Fri, 30 Sep 2016 18:49:02 GMT2016-09-30T18:49:02Z

NEW YORK (AP) -- U.S. stocks are climbing Friday and regaining the previous day's losses. Banks are recovering from a sharp drop as Deutsche Bank tries to reassure investors about its financial health. Strong earnings from Costco are giving consumer stocks a lift and energy companies are also trading higher....



Cambodian agrees to raise minimum wage for garment workers

Thu, 29 Sep 2016 13:49:13 GMT2016-09-29T13:49:13Z

PHNOM PENH, Cambodia (AP) -- The Cambodian government has agreed to raise the minimum wage for clothing and footwear workers, a move that could help placate workers in the country's biggest export industry....



A look at rising costs for the Tokyo 2020 Olympics

Fri, 30 Sep 2016 13:03:15 GMT2016-09-30T13:03:15Z

TOKYO (AP) -- An expert panel set up by Tokyo's newly elected governor says the price tag of the 2020 Tokyo Olympics could exceed $30 billion unless drastic cost-cutting measures are taken. That's more than a four-fold increase from the initial estimate at the time Tokyo was awarded the games in 2013....



BMW issues recall for new Takata air bag problem

Fri, 30 Sep 2016 18:27:17 GMT2016-09-30T18:27:17Z

DETROIT (AP) -- Another potentially deadly problem has surfaced with Takata air bags, this one forcing BMW to recall over 4,000 SUVs in the U.S. and Canada....



Expert panel: Tokyo Olympics costs could top $30 billion

Thu, 29 Sep 2016 12:56:00 GMT2016-09-29T12:56:00Z

TOKYO (AP) -- The price tag of the 2020 Tokyo Olympics could exceed 3 trillion yen ($30 billion) unless drastic cost-cutting measures are taken and several key venues are relocated, an expert panel warned Thursday in the latest blow to Japanese organizers....



Australian government wants slower switch to clean energy

Thu, 29 Sep 2016 10:25:49 GMT2016-09-29T10:25:49Z

CANBERRA, Australia (AP) -- A rush by Australia's state governments to switch to clean electricity sources could undermine the country's energy security, the federal government warned Thursday after all of South Australia state lost power....



Honda says Takata air bag ruptured in Malaysia crash, 1 dead

Wed, 28 Sep 2016 14:32:53 GMT2016-09-28T14:32:53Z

KUALA LUMPUR, Malaysia (AP) -- Japanese automaker Honda said Wednesday a Takata air bag ruptured in a crash in Malaysia which killed the driver, in the fifth such case in the country....



Probe says missile launcher from Russia downed Malaysian jet

Wed, 28 Sep 2016 19:34:18 GMT2016-09-28T19:34:18Z

NIEUWEGEIN, Netherlands (AP) -- An international criminal probe concluded that a missile which destroyed a Malaysian passenger jet over Ukraine in 2014 and killed all 298 people aboard was fired from rebel-controlled territory by a mobile launcher trucked in from Russia and hastily returned there....