Eight budget airlines from Southeast Asia, Japan and Australia said Monday they have formed what they called the world's largest alliance of low-cost carriers, enabling customers to book connections using a shared platform.
Asian stocks mostly fell on Thursday tracking a sell-off on Wall Street and oil consolidated after hitting a six-month high, but Tokyo's Nikkei bounced into positive territory thanks to a softer yen.
Asian markets tapered Wednesday after an early rally as nerves returned to trading floors, with a pick-up in the yen skimming Japan's Nikkei.
Tokyo led Asian markets higher Tuesday as exporters were lifted by a weakening yen, while tighter Chinese inflation data also provided some cheer.
Asian stocks were mixed Monday after mainland China's trade contracted in April and U.S. job growth came in weaker than expected.
Asian stock markets moved cautiously Thursday as worries over the global economy sap confidence but the U.S. dollar held the previous day's gains and oil prices extended a rally.
China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said Tuesday.
The U.S. dollar struggled at multi-month lows against the yen and euro Tuesday following more weak U.S. data, while most stock markets rose in line with a strong lead from Wall Street.
From the Queen of Sheba to Britain's Duchess of Cambridge, Sri Lanka's sapphires have adorned royalty through the ages, but a flood of cheap imitations is threatening the island's reputation for the precious stones.
Asian stocks mostly fell Friday following losses in New York while concerns about the global outlook were reinforced after data showed the U.S. economy grew at its slowest pace for two years in the first quarter.