HONG KONG - South Korean stocks and the win dipped after North Korea said it had conducted a nuclear test on Monday, but the reaction was limited as investors had expected such a move from the North and have become long familiar its provocations.

NEW YORK/WASHINGTON - As the Obama administration looks for ways to reform executive pay in the banking industry, novel thoughts are surfacing on how to move away from stock options as a key component of compensation.

COPENHAGEN - Industry must play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.

ROME - Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices ultimately moving toward $75 a barrel.