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December 1, 2008 9:38:51 AM CST


Cathay Pacific

Cathay Pacific news stories

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 Asian Stocks Dive 

Gains of recent days wiped out as investors switch focus back to slumping economy

(Newser) - Dismal earnings predictions from major companies snapped a three-day gain in Asian markets, Bloomberg reports. Japan's Nikkei index skidded 6.5% after Hyundai, Panasonic, and Isuzu warned that the US slowdown would hit earnings. Hong Kong's Hang Seng dropped 6.4%, while News Corp's Australian shares took a 21% hit—its biggest since 1987—after it announced net profit will fall. More »

More about:  Financial Crisis News Corp Asian markets Nikkei Hang Seng Panasonic Hyundai Cathay Pacific

(Newser) - An 11-month survey querying more than 15 million airline passengers yields a clear winner, Reuters reports: Singapore Airlines is the world’s best. Asian and Gulf Arab carriers make up much of the rest of the list: Hong Kong-based Cathay Pacific nabbed second place overall. It also has the best first class. More »

More about:  airlines Singapore Airlines Qantas Cathay Pacific Thai Airways

Flying in Style: 10 Best Business Classes

BusinessWeek lists the best upper-atmosphere experiences

(Newser) - With amenities like fully reclining seats, foot-massage parlors, and food that defies even the highest-flying expectations, airline business classes are more like mobile spas then just a way to get from point A to point B. BusinessWeek gives you the 10 best. Singapore Airlines Cathay Pacific Qatar Airways Malaysia Airlines Etihad Airways More »

More about:  list travel British Airways Qatar Singapore Airlines Virgin Atlantic Air New Zealand Emirates Cathay Pacific Thai Airways

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