2010-01-31 Business news headlines around the world 

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   Headlines for ChannelNewsAsia, dated: 2010-01-31

India shifts monetary gears as economy rebounds


   Japan’s listed firms keep boosting profits

Asia-Pacific trade deal faces sceptical Americans

Toyota chief apologises for massive vehicle recall

Japan carmakers must restore reputation: media

Australia suffering from wine glut: industry

China’s online travel market booming

US bank bailout fails to meet key goals, auditor says

Obama budget plan aims to boost jobs, rein in deficit

State debt biggest problem of coming years, says IMF

Davos summit ends with recovery warning after banking bust-up

US electric carmaker Tesla plans public stock offering

IMF to provide US$574m in loans to Moldova

   Headlines for Reuters, dated: 2010-01-31

U.S. bank bailout encourages risky behavior: watchdog
WASHINGTON (Reuters) – The U.S. taxpayer-funded rescue program set up to save banks from collapse during the financial crisis makes future reckless behavior more likely, the government’s bailout watchdog said in a quarterly report.

UAE’s Arabtec wins $193 million Dubai tower contract
DUBAI (Reuters) – Dubai contractor Arabtec said on Sunday it has won a 710 million dirhams ($193.3 million) contract to build an 80-storey tower in Dubai from Abu Dhabi-based developer Tasameem Real Estate.