Singapore Airlines (SIA) and Malaysia Airlines on Saturday cancelled flights to Jakarta because of the violent eruption of Indonesia's most active volcano.

A Qantas plane made an emergency landing in Singapore after dumping fuel over Indonesia's Batam island on Thursday, officials said.

Oil prices fell below $75 in Asian trade as traders took profit from gains made the previous day and braced for an expected weak US employment numbers, analysts said.

Indian animated movie maker Compact Disc India and software company Micro Technologies continue to members of Forbes Asia’s “Best Under A Billion” list, even as 151 new companies have made their maide

Oil prices turned lower in Asian trade on Monday on profit-taking and as investors realised that the US economic recovery remained weak despite the Federal Reserve chief's reassurances, analysts said.

Oil prices dipped below $73 in Asian trade on Friday as concerns over weak US economic data pervaded crude markets, analysts said.

Oil was higher in Asian trade on Thursday, as a weaker dollar helped prices shrug off a massive increase in US crude reserves, analysts said.

The International Olympic Committee (IOC) executive director Gilbert Felli on Saturday said 17 or 18 countries had expressed their interest in hosting future Youth Olympic Games.

Oil prices rebounded in Asian trade on Friday on hopes the Japanese government would ease monetary policy to stimulate its economy, analysts said.

Oil rebounded in Asian trade on Tuesday after five straight days of losses, but trading was subdued due to concerns over the strength of the global economic recovery and the impact on energy demand.