Tire sales in China, the largest rubber consumer, will grow at three times the global rate as car ownership increases, Sumitomo Rubber Industries Ltd. said.

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China Tire Sales to Advance 10%, Sumitomo Rubber Says (Update1)

Standard Chartered Plc, the U.K. bank that makes most of its profit in emerging markets, will hire stock analysts and traders in India and South Korea to expand its operations in Asia.

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Standard Chartered Seeking Indian, South Korean Equity Hires

Cnooc Ltd.’s plan to buy 50 percent of Argentine oil producer Bridas Corp. in its biggest overseas acquisition may herald more purchases to achieve its goal of boosting production 28 percent this year and meet Chinese demand.

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Cnooc’s $3.1 Billion Bridas Deal to Boost Expansion (Update2)

PERTH (Reuters) – Australia’s Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid.

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Arrow to reject Shell, PetroChina $3 billion bid: report

China’s property stocks are likely to be “range-bound” in 2010 on concern that the government will step up measures to curb gains in real-estate prices, according to BNP Paribas.

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China Property Stocks Face ‘Policy Risk,’ BNP Says (Update2)

Japanese stocks advanced for a third session as the biggest jump in commodity-transport fees this year boosted shipping companies, outweighing concern deflation will persist as the job market slumps.

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Japanese Stocks Rise on Shipping Fees; Job Concern Limits Gains

Futures traders are more bearish than ever on sterling amid concern that the currency’s worst annual start in 13 years will continue as the U.K.’s budget deficit approaches the Greek shortfall that roiled the euro.

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Pound Bears Bet More Than When George Soros Beat BOE (Update1)

With the country at an economic crossroads, President Obama reportedly plans to tap Janet Yellen, president of the Federal Reserve Bank of San Francisco and an expert on unemployment, for the No. 2 spot at the Federal Reserve. The White House on Friday said…

Federal Reserve Bank of San Francisco – Janet Yellen – Barack Obama – Federal Reserve System – President of the United States

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S.F.’s Yellen may become Fed vice chair

Options showed traders are the most bearish on the yen in more than three years as speculation increases the Bank of Japan will ease credit as other central banks drain funds from the monetary system.

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Yen Options Show Traders Are Most Bearish Since February 2007

Google Inc. advertisers in China are being advised to switch to rivals such as Baidu Inc. and business partners are exploring alternatives as speculation grows the U.S. company will shut its Web site in the country.

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Google Clients Urged to Defect on Speculation of China Pullout

Japan’s Nikkei 225 Stock Average will likely climb toward 12,000 as the index rises above an “Ichimoku Cloud,” which indicates levels of support and resistance, and because economic fundamentals have been improving, according to MDAM Asset Management Co.

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Nikkei 225 Headed for 12,000, Ichimoku Chart Shows (Update1)

U.S. regulators have tracked more deaths in vehicles made by Ford Motor Co., Chrysler Group LLC and other companies combined than by Toyota Motor Corp. during three decades of unintended acceleration reviews that often blamed human error.

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Ford Had 20 Acceleration Deaths as Regulators Cited Human Error

Oil prices fell below $81 a barrel Monday in Asia amid investor concerns flagging U.S. crude demand doesn’t justify the recent rally. Benchmark crude for April delivery was down 40 cents to $80.84 a barrel at midday Singapore time in electronic trading on the…

International Energy Agency – Developed country – Business – Economic – Energy

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Oil falls below $81 amid weak US crude demand

Japanese stocks fluctuated as the biggest jump in commodity-transport fees this year boosted shipping companies, while foodmakers dropped on concern deflation will persist as the job market slumps.

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Japanese Stocks Fluctuate on Shipping Fees, Deflation Concern

Asian stocks slid Monday after mixed economic reports about the U.S. economy inspired caution among investors. Major bourses were down as much as 1 percent after a lackluster session on Friday. Oil prices dipped below $81 a barrel and the dollar gained…

Economy of the United States – Price of petroleum – Business – Asia – Stocks and Bonds

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Asian stocks fall after mixed US economic reports