Asia Top Stories

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on…

Freeport profit misses on lower-than-expected copper sales

The Phoenix, Arizona-based copper miner reported a lower-than-expected quarterly profit…

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Coal India board may approve changes in model FSA

Coal India board is likely to approve on Monday the model fuel supply agreement (FSA) to be signed with power firms, with significant changes in the penalty clause for failing to supply to them a minimum 80 per cent quantity of the total fuel contract.

China’s main gold miner posts gloomy results

Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic weakness and shrinking demand weighed on global gold prices.