China’s expects inflation to fall to 6.0-pct as commodity bubble bursts
SHANGHAI, August 14, 2008 (AFP) - China's consumer inflation is expected to continue to slow in the rest of this year and in 2009 as global commodity prices …
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Recession stalks shrinking eurozone economy
BRUSSELS, August 14, 2008 (AFP) - The eurozone economy contracted for the first time ever, with output falling 0.2 percent in the second quarter increasing the …
Rat snacks can solve world food price crisis: Indian official
PATNA, August 13, 2008 (AFP) - Eating rats is the best way for rich and poor people to solve the global crisis of rising food prices, an Indian official said …
Britain facing increased risk of recession: BoE governor
LONDON, August 13, 2008 (AFP) - The head of the Bank of England forecast on Wednesday that Britain faced increased risk of recession with economic growth set …
Euro ticks higher against dollar, oil down
NEW YORK, August 12, 2008 (AFP) - The euro ticked slightly higher against the dollar Tuesday in a market awaiting a fresh batch of indicators on the fragile …
India’s Reliance in tie-up with famed toy store Hamleys
MUMBAI, August 13, 2008 (AFP) - Indian corporate giant Reliance announced a tie-up with famed British toy retailer Hamleys, promising to bring India's children …
India says rich world must ‘give’ to restart WTO talks
NEW DELHI, August 13, 2008 (AFP) - India urged developed nations to return to the negotiating table to hammer out a new global trade deal -- but only if they …
Oil prices sink despite Georgian conflict
NEW YORK, August 11, 2008 (AFP) - Crude oil prices sank Monday as the market worried about weakening demand, particularly in the eurozone and in China, after …
Dollar gains against Euro, commodities
TOKYO, August 12, 2008 (AFP) - The euro languished at six-month lows against the dollar in Asian trade on Tuesday as traders continued to focus on the …
Japan’s wholesale inflation hits 7.1-pct in July 2008
TOKYO, August 12, 2008 (AFP) - Japanese wholesale inflation hit a 27-year high of 7.1 percent in July on soaring commodity costs, the central bank said …
Standard Chartered bank shakes off credit crunch as profits soar
Aug 12, 2008 (LBO) - Standard Chartered said that its push into Asia, Africa and the Middle East had fuelled a profits surge at the emerging markets bank …
Australia PM pushes Asia Pacific Community idea
SINGAPORE, August 12, 2008 (AFP) - Australian Prime Minister Kevin Rudd Tuesday pushed ahead with his vision of an Asia Pacific Community but played down …
Egypt inflation hits 23.1 percent; state salaries upped
CAIRO, August 10, 2008 (AFP) - Inflation soared to a record 23. online pharmacy buy cipro with best prices today in the USA online pharmacy buy abilify with …
Singapore’s Q2 growth slows to 2.1 percent: government
SINGAPORE, August 11, 2008 (AFP) - Singapore's economic growth slowed to an annual 2.1 percent in the second quarter, the government announced on Monday, just …
Papuan tribal chief takes on US mining giant: report
JAKARTA, August 11, 2008 (AFP) - A tribal chief in Indonesia's West Papua launched a campaign Monday to get compensation from US mining giant Freeport for …
Debut author, 93, creates real life dream with royalties
LONDON, August 11, 2008 (AFP) - A 93-year-old debut novelist has used the proceeds from her book to move her friends out of nursing homes and into her new …
Australian dollar falls to seven-month low
SYDNEY, August 11, 2008 (AFP) - The plunging Australian dollar hit a new seven-month low on Monday as a fall in key commodity prices put the currency under …
India’s top court clears Posco, Vedanta projects in key rulings
NEW DELHI, August 10, 2008 (AFP) - India's top court has cleared South Korean steel giant Posco's plan for a 12-billion-dollar plant in a controversial case …
Italian contraction sets eurozone alarm bells ringing
MILAN, August 10, 2008 (AFP) - The Italian economy contracted in the second quarter, official data showed, adding to a deepening sense of gloom about the …
Western concern over oil and gas pipelines through Georgia
LONDON, August 10, 2008 (AFP) - Western concerns are growing over the impact of bloody clashes between Georgia and Russia on a key oil pipeline through the …