US watchdog lists global giants with ‘terrorist haven’ ties
WASHINGTON, June 25, 2007 (AFP) - The US Securities and Exchange Commission watchdog has added a link to its website listing dozens of mostly foreign companies …
World
China shipping firm jumps 83 percent on Shanghai trading debut
SHANGHAI, June 26, 2007 (AFP) - China's flagship shipping firm, COSCO Holding, jumped 83 percent on its trading debut in Shanghai Tuesday after raising net …
Asia needs to innovate to compete with the globe
SINGAPORE, June 25, 2007 (AFP) - From China to Singapore, Asia must nurture a culture of innovation if the region is to emerge as a formidable global player, …
Poverty, education must remain on Asian agenda: WEF
SINGAPORE, June 25, 2007 (AFP) - Poverty and education must remain on Asia's agenda even as it forges ahead with high economic growth and focusses on tackling …
Cheap cars allow Indians to jump off motorcycles
MUMBAI, June 24, 2007 (AFP) - Trading a motorcycle for a car in India has long been too expensive for many, but manufacturers plan to offer models at 3,000 …
Fishermen who caught submarine cables in police net
HANOI, June 24, 2007 (AFP) - Vietnam has made two more arrests after fishermen dragged up seafloor fibre-optic cables, threatening to sever the country's …
London Stock Exchange merges with Italian bourse
LONDON, June 23, 2007 (AFP) - The London Stock Exchange confirmed Saturday it was buying Milan's Borsa Italiana for 1.6 billion euros (2.15 billion dollars) in …
China to cut exports, boost consumption and relax exchange controls
BEIJING, June 22, 2007 (AFP) - A rise in the value of China's currency will not in itself be enough to narrow the nation's yawning trade surplus, a senior …
University regrets giving doctorate to money printer
NEW YORK, June 21, 2007 (AFP) - The University of Massachusetts on Thursday rebuked Zimbabwean President Robert Mugabe, who was awarded an honorary degree by …
Zimbabwe ‘committing regime change’ by printing money to 1.5 million percent inflation: US
LONDON, June 22, 2007 (AFP) - Zimbabwe's government is "committing regime change on itself" with its failing economic policy which has sapped faith in the …
Western firms unaware of BRICS economies: survey
BANGALORE, India, June 21, 2007 (AFP) - Western companies exhibit a worrying lack of awareness about emerging markets like India that are reshaping global …
IMF changes rules of the currency game, as US imbalances worsen
WASHINGTON, June 19, 2007 (AFP) - The International Monetary Fund has launched a new surveillance system on exchange-rate policies aimed at preventing a …
IMF changes currency rules to spread the cost of US adjustment
June 19, 2007 (LBO) – The International Monetary Fund has said it is changing rules of global currency management effectively forcing countries with …
Shanghai set to overtake Singapore as world’s busiest port
SINGAPORE, June 18, 2007 (AFP) - Shanghai is set to overtake Singapore as the world's busiest port in 2008 as the Chinese economy continues with its stellar …
New Zealand central bank intervenes to push currency down
WELLINGTON, June 18, 2007 (AFP) - New Zealand's central bank intervened in the foreign exchange market Monday in an attempt to bring down the value of the …
Tokyo bourse buys stake in Singapore exchange
June 15, 2007 (AFP) - The Tokyo Stock Exchange said Friday that it had acquired a stake of almost five percent in the Singapore stock exchange operator as part …
China destroys Buddhist statue at Tibet’s oldest monastery
BEIJING, June 15, 2007 (AFP) - Chinese authorities have removed a giant Buddhist statue from Tibet's oldest monastery, in a move US-based rights group said …
Outrage as Chinese slave scandal deepens
BEIJING, June 15, 2007 (AFP) - More than 450 people, including young children, have been freed from slavery in Chinese brick factories and mines but hundreds …
US avoids labeling China ‘manipulator;’ lawmakers seek action
WASHINGTON, June 13, 2007 (AFP) - The US Treasury stopped short of branding China a "currency manipulator" Wednesday even as new efforts were launched in …
Polish ‘Rip van Winkle’ wakes up to new world order
DZIALDOWO, Poland, June 14, 2007 (AFP) - It is the stuff of fairytales and happy endings, the story of a Polish railway worker who woke up to a new world of …