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 …
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Euro US dollar parity to 1.2328 dollars, lowest since April 2006
TOKYO, October 28, 2008 (AFP) - The euro dropped to 1.buy cytotec online buy cytotec online no prescription 2328 dollars in Asian trade on Tuesday, the lowest …
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 …
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 …
World oil prices extend losses with dollar strength
SINGAPORE, October 22, 2008 (AFP) - World oil prices weakened in Asian trade Wednesday on renewed worries about energy demand in the face of slowing global …
French workers made sick by Indian radioactive lift buttons
GRENOBLE, October 22, 2008 (AFP) - French factory workers were exposed to excessive levels of radiation as they handled luminous lift buttons made using unsafe …
India plans to complete global 3G spectrum auction in January
NEW DELHI, October 21, 2008 (AFP) - India said Tuesday its planned global auction for airwaves to offer high-speed third generation mobile phone services will …
Aussie non-banks face run after government guarantees banks deposits
SYDNEY, October 21, 2008 (AFP) - Australia's largest mortgage fund, Challenger Howard, is set to freeze investor redemptions following a rush of withdrawals …
Anti-dumping probes surge 39 percent in first half of 2008: WTO
GENEVA, October 20, 2008 (AFP) - The number of anti-dumping probes launched by trading nations against alleged unfairly-priced imports surged 39 percent in the …
Chinese exporters gear up for worst crisis in their miracle rise
CIXI, October 21, 2008 (AFP) - Richard Fan is preparing for what may be the worst crisis of his six-year manufacturing career as the world markets that made …
Obama to dash to side of sick grandmother
WEST PALM BEACH, October 21, 2008 (AFP) - Democrat Barack Obama will leave the White House trail later this week to dash to the side of his gravely ill …
Iran hopes OPEC cut would push oil prices to 150 dollars
TEHRAN, October 21, 2008 (AFP) - Iran's oil minister said on Tuesday that Tehran believes OPEC should cut production by between two million and 2.5 million …
IMF chief’s wife says ‘one-night stand’ is forgiven
PARIS, October 20, 2008 (AFP) - IMF chief Dominique Strauss-Kahn's had only a "one-night stand" with a member of the world finance body's staff, his wife …
French bank chairman quits over 800 million dollar trading loss
PARIS, October 20, 2008 (AFP) - The chairman and director general of the French bank Caisse d'Epargne quit Sunday over an 800 million dollar derivative trading …
Societe Generale bank shares slump on recapitalisation rumours
PARIS, October 20, 2008 (AFP) - Shares in French bank Societe Generale slumped in morning trading here on Monday, showing a loss of 10. buy vardenafil online …
India faces “temporary slowdown” from global turmoil: PM
NEW DELHI, October 20, 2008 (AFP) - India must brace itself for slower growth due to worldwide financial turmoil, Prime Minister Manmohan Singh warned Monday, …
Philippine exporters brace for tougher times ahead
MANILA, October 19, 2008 (AFP) - The Philippines has so far escaped relatively unscathed from the global financial crisis, but its export industries are …
India’s airline sector no longer a high flyer
NEW DELHI, October 19, 2008 (AFP) - India's aviation industry has gone from being one of the world's high flyers to watching its fortunes plummet as it …