Business

Vietnam is boosting rice exports as it tries to exploit soaring global prices while protecting domestic supplies.

Oil prices edge up as doubts are raised over whether a fuel price rise in China will reduce the level of demand.

Chinese shares close 3% higher after the government raises fuel prices to try and cool energy demand.

Inflation hits a 13-year high in India, as the rising cost of food and oil continue to pressure prices.

Car accessories and bike retailer Halfords names a top Wal-Mart executive as its new chief executive.

A shareholder sues Lehman Brothers accusing it of misleading investors over its sub-prime exposure.

Two ex-managers at Bear Stearns investment bank are charged with fraud related to the collapse of two hedge funds.