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Oil prices edged up in Asian trade on Monday on stronger demand as a cold snap continued in the United States, the world & #39;s biggest energy consumer.

Airlines flying between the United States and Australia say they are confident no other destinations will be hit by new security measures imposed on America-bound passengers.

Tokyo, Dec 28, 2009 – (JCN Newswire) – Pioneer Corporation (Pioneer) announced today the current status regarding the postponement of issuance of new shares through a third-party allotment to Honda Motor Co., Ltd. (Honda) as described below. On June 19, 2009 and September 28, 2009, Pioneer had made announcements on such postponement.

Osaka, Dec 28, 2009 – (ACN Newswire ) – Sharp Corporation will establish Sharp Corporation Mexico, S.A. de C.V., a sales subsidiary for consumer electronics and office equipment in Mexico City, United Mexican States. The new sales subsidiary will start operations on January 1, 2010.In1995, Sharp Electronics Corporation, Sharp’s U.S. sales subsidiary, established a branch in Mexico to pursue business mainly in LCD TVs and copiers.

Japan & #39;s factory output grew the most in six months in November as a recovery in export demand from Asia boosted production of cars and flat screen televisions.

THE dollar rose in Asian trade today, supported by optimism about the outlook for the US economy, dealers said.

SHARES are tipped to open higher tomorrow following a “Santa Claus” rally in the US in the last few trading days of 2009.  

TOKYO (AFP) – Japan’s Toyota Motor plans to boost its global production in 2010 by 17 percent to about 7.5 million units, Japanese media reported Saturday.

Annual box office takings in Australia could break through the $1 billion mark for the first time today, on what is traditionally the busiest day of the year for the nation’s 453 movie cinemas.

Boxing Day sales start shortly, with shoppers in WA expected to spend about 800-million dollars in the next week.