Japan’s economy shrinks, adding to global concerns
TOKYO, Sept 10, 2007 (AFP) - Japan's economy contracted in the second quarter of 2007 as firms cut spending on new factories and equipment, the government said …
World
Britain sued over colonial rule and mistreatment of Indians in Malaysia
WASHINGTON, Sept 8, 2007 (AFP) - A Malaysian human rights lawyer has filed a four trillion dollar lawsuit against Britain for alleged atrocities suffered by …
Asia-Pacific summit pumps up brothel business
SYDNEY, Sept 9, 2007 (AFP) - Sydney brothels have had to import prostitutes from other states to get over a demand hump caused by security agents and delegates …
Zimbabwe allows another price hike of goods, services
HARARE, Sept 7, 2007 (AFP) - The Zimbabwean government has authorised all retailers to raise prices by 20 percent, in a bid to to ease widespread shortages, …
US says Indian Ocean wargames not aimed at China, Iran
ON BOARD THE USS KITTY HAWK, Sept 7, 2007 (AFP) - A top US navy commander involved in Indian Ocean wargames said Friday the exercises were not aimed at sending …
ECB, Bank of England hold rates steady, dollar weakens
NEW YORK, Sept 6, 2007 (AFP) - The dollar weakened against the euro and other currencies Wednesday after the European Central Bank opted to keep borrowing …
Australian drought threatens to push wheat prices higher
SYDNEY, (AFP) - Drought could wipe out Australia's wheat crop despite expectations that the country's worst dry spell for a century was easing, Trade Minister …
Money printing Zimbabwe devalues currency by a hundred fold
HARARE, 2007 (AFP) - The Zimbabwean government on Thursday announced a devaluation of its currency against the US dollar by more than a hundred fold in a bid …
Greenspan says latest turbulence similar to previous bubbles: report
WASHINGTON, Sept 7, 2007 (AFP) - Former Federal Reserve chairman Alan Greenspan compares the current financial market turbulence to prior crises that have …
Massive Myanmar quake, tsunami could kill millions around Bay of Bengal
PARIS, Sept 5, 2007 (AFP) - The northern tip of the Bay of Bengal, home to tens of millions of people, faces a potential double whammy from an earthquake and …
West worried India would tip APEC power balance: official
SYDNEY, Sept 6, 2007 (AFP) - Western countries are behind moves to keep India out of an Asia-Pacific grouping because they are concerned that its entry would …
Australia’s central bank leaves rates on hold
SYDNEY, Sept 5, 2007 (AFP) - Australia's central bank Wednesday left interest rates on hold for another month despite building price pressures, but analysts …
Official banquet for China but Taiwan dines alone
SYDNEY, Sept 5, 2007 (AFP) - When Chinese President Hu Jintao sits down to smoked chicken, prawns and lamb at a formal state banquet in Australia, it will be …
EU commissioner tell governments to keep out of Central Bank decisions
MADRID, Sept 3, 2007 (AFP) - EU Economic and Monetary Affairs Commissioner Joaquin Almunia on Monday called on EU states to respect the independence of the …
Men and women look for different qualities in a mate: study
CHICAGO, Sept 3, 2007 (AFP) - The face of dating may have changed down the years, but the laws of attraction have not changed since the days of the …
Maldives battles with rising drug abuse among young
VILINGILI ISLAND, Maldives, Sept 4, 2007 (AFP) - The Maldives, known as a holiday haven for the rich and famous, is grappling with a growing drug abuse problem …
Agriculture minister quits
TOKYO, Sept 3, 2007 (AFP) - Japan's farm minister resigned Monday over a money scandal, a week after Prime Minister Shinzo Abe re-shuffled his cabinet in a bid …
Chinese airline to launch inflight cell phone, Internet service
HONG KONG, Sept 3, 2007 (AFP) - Shenzhen Airlines said Monday passengers will soon be able to use their mobile phones and connect to the Internet during …
German subprime victim IKB warns of heavy losses
FRANKFURT, Sept 3, 2007 (AFP) - German bank IKB, badly hit by its exposure to bad housing loans in the United States, said on Monday it expected losses of …
Macau jackpot winner may lose multi-million dollar prize
HONG KONG, Sept 2, 2007 (AFP) - A Hong Kong woman who won 43 million dollars in a Macau casino may not get her money because the slot machine was not working …