Sri Lanka tea prices hold after government purchases
Oct 28, 2008 (LBO) - Sri Lankan tea prices stabilized and more lots were sold at Tuesday's Colombo auctions after the state-run Tea Board began buying in a …
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Wal-Mart pulls eggs from China stores
BEIJING, October 28, 2008 (AFP) - Wal-Mart said Tuesday it had pulled a major brand of eggs from its stores in China, as concerns rose that an industrial …
England invites West Indies to replace Sri Lanka for tour
KINGSTON, October 27, 2008 (AFP) - The England and Wales Cricket Board (ECB) has invited West Indies to replace Sri Lanka in a tour of England next April and …
Maldives votes in presidential run-off
MALE, October 28, 2008 (AFP) - Voting got under way in the Maldives on Tuesday to choose the country's first-ever democratically elected president in a run-off …
British central bank urges reform
LONDON, October 28, 2008 (AFP) - Britain's central bank urged new constraints on banks Tuesday to avoid a repeat of the financial crisis, saying there needed …
Fed may cut rates again after meeting: analysts
WASHINGTON, October 28, 2008 (AFP) - The Federal Reserve opens a two-day meeting Tuesday widely expected to cut key interest rates further as part of an …
Maldives set for run-off to rule the islands
MALE, October 27, 2008 (AFP) - The first-ever democratic presidential battle in the Maldives goes to a second round Tuesday, with Asia's longest serving leader …
Sri Lanka government to buy tea to support prices
Oct 27, 2008 (LBO) - Sri Lanka's state-run tea promotion and regulatory body will buy large stocks of tea at auctions in Colombo this week, in a bid to support …
Sri Lanka mulls emergency loans to get tea auction moving
Oct 26, 2008 (LBO) - Sri Lanka's government will guarantee loans from banks to the tea trade to revive the Colombo auctions where prices have plunged and half …
Sri Lanka small holders hit by credit crunch as prices collapse
Oct 25, 2008 (LBO) – In Sri Lanka's deep south, small tea farmers are feeling the pinch from a collapsing commodity bubble, as a worldwide meldown of …
Sri Lanka ace Jayasuriya confirmed for HK Sixes
HONG KONG, October 24, 2008 (AFP) - Big hitting Sri Lankan all-rounder Sanath Jayasuriya has been confirmed for the annual Hong Kong Cricket Sixes tournament, …
Sri Lanka tries to limit tea production to stop price plunge
Oct 24, 2008 (LBO) - Sri Lanka's Tea Board Friday said it was advising producers to manufacture only good quality tea and reduce output in an effort to …
‘Extinct’ cockatoo rediscovered in Indonesia: researchers
JAKARTA, October 23, 2008 (AFP) - A species of cockatoo feared to have become extinct has been "rediscovered" with the sighting of a handful of breeding pairs …
Sri Lanka small tea farmers to get fertilizer subsidy
Oct 23, 2008 (LBO) - Sri Lanka is offering a fertilizer subsidy to small tea farmers three times a year, at a cost of 4. online pharmacy buy diflucan with best …
Sri Lanka tea factory owners ask for help as prices crash
Oct 23, 2008 (LBO) - Sri Lankan private tea factory owners are asking for a six billion rupee bank over draft bailout package to help them get over the crisis …
France announces sovereign wealth fund to protect champions
ANNECY, October 23, 2008 (AFP) - President Nicolas Sarkozy announced the creation of a French sovereign wealth fund on Thursday, promising to protect the …
Fed rolls out new 540-bln-dollar aid to financial sector
WASHINGTON, October 22, 2008 (AFP) - The US Federal Reserve reached deeper into the troubled financial system on Tuesday, offering up to 540 billion dollars of …
Australia considers amending deposit guarantee: Treasurer
SYDNEY, October 22, 2008 (AFP) - Australia is considering changing its multi-billion-dollar bank deposit guarantee scheme by charging savers who have more than …
Sri Lanka agro firm warns price controls are hurting quality
Oct 22, 2008 (LBO) – A top Sri Lankan agro enterprise has warned that state controls of prices would block quality gains of agricultural produce with …
Dollar gains against Sterling to five-year high
LONDON, October 22, 2008 (AFP) - The British pound fell Wednesday to a five-year low point against the dollar after Bank of England governor Mervyn King …