KUALA LUMPUR - KOREAN Air , the world's largest air cargo carrier, said on Sunday that cargo demand had hit bottom, but there would not be a recovery until US consumers resumed buying Asian goods.

LONDON- BRITISH bank Barclays is close to selling its asset management arm to US money manager BlackRock in a deal worth US$13 billion (S$18.9 billion), media reported on Sunday.

NUSA DUA (Indonesia) - AUSTRALIA will continue to argue 'very strongly' against moves by Europe and the United States to subsidise their dairy export products, Australian Trade Minister Simon Crean said on Sunday.