KUALA LUMPUR: Asian stocks rose, driving the MSCI Asia Pacific Index higher for a fourth day on signs of stimulus policies around the world are helping to revive the global economy.

SINGAPORE: Singapore Airlines (SIA), the world’s biggest carrier by market value, reported a worse-than-expected quarterly loss as the global economic slowdown hit margins, but the airline said the outlook has improved.

TOKYO: Japan’s government is set to reach a decision on a rescue package for Japan Airlines Corp this week that would tackle issues such as cuts to pensions and its need for urgent short-term financing.

HONG KONG: Albert Edwards, an analyst at French bank Societe Generale who correctly predicted the Asian financial crisis, sees global equity markets at a new low and chances of another global recession in 2010.

LONDON: The International Energy Agency (IEA) cut its long-term forecast for global oil demand as the economic crisis saps consumption in developed economies and environmental policies encourage alternative energy use.