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Crude holds above $124 after record spike

Oil is trading above $124 a barrel in Asia after a record settlement in the previous session.

Asia rice exporters to discuss cartel

Rice-exporting nations planned to discuss a proposed cartel to control the price of the staple food Tuesday, a day after a regional development bank called for sharper fiscal policies to help a billion poor people in Asia cope with skyrocketing food prices.

Question of the Week: Fishing

Ornamental fisheries are a booming business, often providing a much-needed industry in developing countries. However, they're often caught using environmentally-harmful and inhumane techniques. Cyanide fishing is illegal but a common practice in many parts of Asia with many reverting to this banned methods for cost and ease. Watch video.

U.S. bank crisis unnerves world markets

Markets across Asia and Europe suffered heavy losses as the fallout from the shock sale of Bear Sterns continued -- but Wall Street recovered most of its losses on a dramatic Monday.

Negative close to the trading week in Asia

Asian stock markets ended the week in negative territory following the latest disappointing economic reports out of the United States.

Time.com: World Markets Catch a US Cold

The world still moves in file with the US, but how badly it suffers in a coming slowdown depends on how long it lasts

Royal Trophy off after royal death

The Royal Trophy in Bangkok -- a match play tournament between teams from Europe and Asia -- has been postponed after Thailand entered a period of mourning following the death of the king's sister.

Pak, Gulbis to play in Champions

South Korean star Se Ri Pak and Natalie Gulbis of the United States are the latest big names to confirm their participation in the HSBC Women's Champions tournament in Singapore next year.

Latest 'Net gold may rest in Asia's domain

A land rush is happening in Hong Kong, but it doesn't involve the high-rise properties for which the city is famous. Instead, it's the epicenter of a brand new patch of cyber real estate soon to go on the global market.

Trends: Life outsourcing

They either obsequiously kowtow to your every demand, or mutter sarcastic remarks after reasonable requests like picking up your newly-heeled brogues or collected your Pomeranian from the dog salon -- so, really, who needs a real butler or even a personal assistant anymore when you can now outsource your personal life?

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