Sri Lanka tea auction demand recovers: brokers
Nov 05, 2009 (LBO) - The Sri Lankan tea auctions in Colombo stabilized this week with demand picking up and much less unsold teas although prices of some …
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Obama, McCain await judgment of history
WASHINGTON, November 5, 2008 (AFP) - Front-runner Barack Obama faced a tense wait Tuesday to see if millions of American voters would enshrine him as the first …
Freeze on govt department spending in China for 2009: state media
BEIJING, November 5, 2008 (AFP) - Governmental department spending in China in 2009 will be frozen at this year's level, ending an annual five-percent increase …
Kenya erupts in joy as favourite son Obama takes White House
KOGELO, November 5, 2008 (AFP) - Hundreds of villagers in Kogelo, Barack Obama's Kenyan family homestead, erupted into song and dance at the news that the …
Secret Budget
Nov 04, 2008 (LBO) – Sri Lanka's Supreme Court has struck down a hidden budgetary fund that gave the island's top treasury official power to circumvent …
Pay Up
Nov 04, 2008 (LBO) - Sri Lanka's central bank said it has ordered four unlicensed finance companies that failed to register with the regulator to repay …
US Treasury wants to borrow record 550 bln dlrs
WASHINGTON, November 3, 2008 (AFP) - The US Treasury said Monday it would seek to borrow a record 550 billion dollars in the October-December period to help …
Eurozone ministers drop plans to balance budgets by 2010: Juncker
BRUSSELS, November 3, 2008 (AFP) - Finance ministers from the 15 nations sharing the euro have dropped a 2010 deadline for balancing their budgets, in the face …
Mega doubts as Dubai mall to open amid global crisis
DUBAI, November 4, 2008 (AFP) - The vast Dubai Mall shopping centre is finally set to open for business on Tuesday but the success of the 20-billion-dollar …
Americans crowd polling stations in historic election
WASHINGTON, November 4, 2008 (AFP) - Americans crowded polling stations Tuesday to vote in their historic election, with front-running Democrat Barack Obama …
Obama and McCain hurtle into final 48 hours
CLEVELAND, November 2, 2008 (AFP) - White House front-runner Barack Obama Sunday hurtled into the last 48 hours of his epic campaign against Republican John …
Global crisis makes 2008 China’s worst year in recent times: Wen
BEIJING, November 3, 2008 (AFP) - The global financial crisis has made 2008 the worst year for China in recent memory, with growth and inflation posing serious …
SKorea announces 10.7 bln dlr stimulus package
SEOUL, November 3, 2008 (AFP) - South Korea Monday announced a 10. online pharmacy buy spiriva inhaler with best prices today in the USA 7 billion dollar plan …
Sri Lanka’s Horana Plantations Sept net up sharply on rubber boom
Nov 03, 2008 (LBO) – Sri Lanka's Horana Plantations, which is managed by the Ceylon Theatres group, said net profit for the September quarter shot up 201 …
Sri Lanka tea board to buy again at auctions
Nov 03, 2008 (LBO) - Sri Lanka's tea board said it plans to buy stocks at the Colombo auctions this week as well to help prop up the market after prices …
British PM calls on Gulf states to give funds to the IMF
RIYADH, November 2, 2008 (AFP) - British Prime Minister Gordon Brown said Sunday it is in the interests of oil-rich Gulf states to give funds to help countries …
South Asia braces for fall in vital remittances
DHAKA, November 2, 2008 (AFP) - The global economic crisis is putting a dent in funds sent to poor South Asian countries by nationals working abroad amid fears …
India’s central bank cuts key rates, cites ‘unsettled’ conditions
MUMBAI, November 1, 2008 (AFP) - India's central bank unexpectedly cut its key lending rate for the second time in two weeks Saturday and took other steps to …
Oil prices take another tumble
LONDON, October 31, 2008 (AFP) - Oil prices fell heavily again on Friday as the prospect of a global recession and weakening energy demand weighed on the …
World faces growing risk of conflict: US intelligence chief
WASHINGTON, October 31, 2008 (AFP) - The world faces a growing risk of conflict over the next 20 to 30 years amid an unprecedented transfer of wealth and power …