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    Last update: December 22, 2009

    +Japan's Nikkei index ends flat with weakness in real estate and banking
      Japan's benchmark stock index ended flat Tuesday amid weakness in the real estate and banking sectors.

    +Euro falls back from all-time high against dollar as traders eye signals on US interest rates
      The 15-nation euro was down from its all-time high Tuesday but remained above the US$1.50 mark as traders looked for indications about future interest rate moves from Washington.

    +SKorea's LG Chem says fire at battery plant to cost US$85 million in lost revenue
      LG Chem Ltd., South Korea's largest chemical manufacturer by sales, said Tuesday a fire at one of its rechargeable battery plants is expected to cause an 80 billion Korean won (US$85 million; €56 million) loss in sales.

    +German solar equipment maker Schott plans new Albuquerque plant
      An international manufacturer of solar energy equipment plans to turn a plot of desert real estate into its North American hub for production, giving New Mexico officials hope that the state can become a player in the renewable energy industry.

    +Lamborghini launches lighter, faster and less-polluting Gallardo successor
      Italian sports car maker Lamborghini introduced a lighter, faster and less-polluting version of the Gallardo, its most successful model ever, at the Geneva International Motor Show on Tuesday.

    +Dollar edges higher versus yen in Asia amid continuing concerns about US economy
      The dollar edged higher against the yen Tuesday in Asia as players took cues from stock market moves ahead of speeches by several U.S. Federal Reserve officials later in the day.

    +Special prosecutors question brother-in-law of Samsung chairman amid corruption probe
      Special prosecutors probing claims of corruption and shady dealings at Samsung Group questioned the brother-in-law of the conglomerate's chairman on Tuesday.

    +Singapore is best city for Asian expatriates to live: survey
      Singapore has topped a list of cities around the world offering Asian expatriates the best quality of life, followed by Sydney, a survey from a human resources consultancy said Tuesday.

    +Report: Thailand may revive Thaksin energy conservation plan to deal with record oil prices
      Thailand may resurrect some of the energy conservation measures introduced by the former government of ex-Prime Minister Thaksin Shinawatra to deal with surging crude oil prices, a newspaper reported Tuesday.

    +Samsung says new LCD line with Sony to make about 50,000 sheets a month
      Samsung Electronics Co. said Tuesday that a liquid crystal display production line it plans to build with Japan's Sony Corp. will have a capacity similar to an already existing facility that makes 50,000 glass sheets a month.

    +Digital TV shift may get a test drive before going prime time
      The transition to digital broadcasting is the biggest thing to hit television since color. To make sure it goes smoothly, the Federal Communications Commission wants to do a test run.

    +GM elevates financial chief Fritz Henderson to president and chief operating officer
      General Motors Corp. promoted Vice Chairman and Chief Financial Officer Fritz Henderson to the post of president and chief operating officer.

    +Oil steadies above US$102 a barrel after previous session's surge to new record
      Oil prices held steady Tuesday in Asia after blasting overnight to a new record near US$104 a barrel and then falling back.

    +China says it will follow WTO rules in dispute with US, EU over news controls
      China said Tuesday it will follow WTO rules in settling disputes with the United States and Europe over restraints on access to its booming market for financial information services but had no comment on the content of the complaints.

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