Singapore on Thursday declared a severe recession over after two straight quarters of growth and predicted the economy would expand by up to 5.0 percent in 2010.

Commercial Aircraft Corp. of China plans to build an assembly line for its homegrown C919 jetliners in Shanghai, the latest step in the country's ambitions to become a leader in world aviation.

The price of Facebook Inc. stock on exchanges for private companies has jumped as much as 42 percent in the past four months as membership of the site topped 300 million users and the company turned cash flow positive.

Users of the Xbox 360 and PlayStation 3 video game consoles can now brag about their achievements on Facebook as both systems integrate the social network this week.

Microsoft's new Internet search engine Bing increased its share of the U.S. search market in October, edging up half-a-point to nearly 10 percent, online tracking firm comScore said Tuesday.

Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011 as it slashes costs to turn around money-losing businesses.

Japanese Finance Minister Hirohisa Fujii said on Thursday he was watching bond market moves very carefully as yield rises that are not driven by a strong economy are damaging to growth.

The Internet is still under the control of the United States, participants at a governance forum said, despite a move by America to loosen its grip over the private corporation that administers the net.

Shares of Malaysia's top mobile phone company Maxis Berhad jumped 9.2 percent on their return to the bourse Thursday following the biggest share sale ever in Southeast Asia.

German chipmaker Infineon Technologies AG said Thursday its fourth quarter net income rose sharply from a large loss a year ago as the company saw cost reductions help its results.