Crisis, what crisis? say Swiss financiers amid UBS woes
GENEVA, April 6, 2008 (AFP) - Swiss ministers and financiers are striving to reassure markets and citizens there is no banking crisis even as the once-mighty …
World
Japan’s major banks begin to show sub-prime losses
TOKYO, April 5, 2008 (AFP) - Combined net profit at Japan's six major banks is estimated to have dropped more than 40 percent for the year to March 2008, …
Tough road lies ahead for global climate deal
BANGKOK, April 5, 2008 (AFP) - There have been numerous disagreements during a week of intense climate change talks in Bangkok but there is one point all sides …
Kenyans say jumbo coalition cabinet a colossal waste
NAIROBI, April 4, 2008 (AFP) - Kenyan papers and political watchdogs Friday criticised the size of a coalition cabinet announced a day earlier, saying 40 …
IMF chief sees ‘major’ slowdown in global economy
WASHINGTON, April 3, 2008 (AFP) - International Monetary Fund managing director Dominique Strauss-Kahn said Thursday he sees a "major" slowdown in the global …
Oxfam denounces rich countries’ broken aid promises
PARIS, April 4, 2008 (AFP) - British charity Oxfam released Friday figures on aid spending showing that rich countries had broken promises made to …
Merrill Lynch chief sees no need for more capital: report
TOKYO, April 4, 2008 (AFP) - New Merrill Lynch chief executive John Thain said he saw no need for the US investment bank to raise fresh capital, in an …
Bernanke hauled up for Bear Stearns ‘bailout’ while ordinary Americans lose homes
WASHINGTON, April 3, 2008 (AFP) - The US Congress Thursday steps up scrutiny of the government role in the rescue of Bear Stearns, even as Fed chairman Ben …
Zimbabwe opposition wins parliamentary control, presidential results awaited
HARARE, April 3, 2008 (AFP) - Zimbabweans waited anxiously on Thursday for an end to a deafening official silence over the outcome of their presidential …
World Bank calls for new solution to fight old problem
WASHINGTON, April 2, 2008 (AFP) - The World Bank on Wednesday called on the international community to mount a wide-ranging fight against hunger as …
In a first, Boeing says it has flown a hydrogen-battery plane
OCANA, Spain, April 3, 2008 (AFP) - US aircraft maker Boeing flew a plane earlier this year that was powered by a hydrogen battery in a first for the aviation …
Singapore sovereign fund stands by UBS
SINGAPORE, April 2, 2008 (AFP) - The Government of Singapore Investment Corp (GIC) on Wednesday stood by its decision to invest in troubled Swiss bank UBS and …
Asia skills shortage could hit growth: ADB
MANILA, April 2, 2008 (AFP) - Asia is facing a serious skills shortage that could hamper the region's economic growth and push for modernisation, the Asian …
Sex brings red hot television ratings, says survey
PARIS, April 1, 2008 (AFP) - Sex, sex and more sex together with ever-popular game shows remain the big television draws in most countries, according to a new …
Oil wobbles below 102 dollars in Asian trade
SINGAPORE, April 1, 2008 (AFP) - World oil prices traded below 102 dollars in Asian trade on Tuesday after falling more than four dollars in New York on …
Chinese premier says enough rice, only price going up: report
BEIJING, April 1, 2008 (AFP) - China will be able to maintain adequate rice supplies to its 1. online pharmacy buy clomiphene with best prices today in the USA …
Deutsche Bank, UBS reveals new subprime-related losses
FRANKFURT, April 1, 2008 (AFP) - Deutsche Bank unveiled huge asset writedowns linked to the international banking crisis on Tuesday, but the amount still …
Britain and US create financial working group: report
LONDON, March 31, 2008 (AFP) - Britain and the US are finalising plans to create a working group that will put together proposals to better monitor and …
Lehman Bros. sues Marubeni over investment scam
TOKYO, March 31, 2008 (AFP) - Lehman Brothers on Monday sued Japan's Marubeni Corp. online pharmacy buy robaxin with best prices today in the USA for about 350 …
Jayawardene promises new boys extended Sri Lanka run
PORT OF SPAIN, Trinidad, March 31, 2008 (AFP) - Sri Lanka captain Mahela Jayawardene has assured Malinda Warnapura and Thilan Thusara that they can expect an …