Dollar falls as China threatens to unload US assets
NEW YORK, Aug 8, 2007 (AFP) - The dollar weakened against the euro and other world currencies Wednesday after a British newspaper report claimed China's …
Other
Sri Lanka Kelani Valley estates revenues recover but profits dip in June quarter
August 08, 2007 (LBO) – Kelani Valley Plantations, a unit of Sri Lanka's Hayleys group, saw profits dip 36 percent in the quarter ended June 2007 as …
Fed sits tight despite housing market crash
WASHINGTON, Aug 7, 2007 (AFP) - The Federal Reserve announced Tuesday it was keeping US interest rates unchanged at 5.25 percent as it acknowledged concerns …
Sri Lanka cricket beefs up coaching staff
Aug 7, 2007 (AFP) - Sri Lanka will have a new coaching staff in place from next week to prepare the team for the inaugural Twenty20 world championships in …
Sri Lanka brew at British beer fest
LONDON, Aug 7, 2007 (AFP) - The doors to the biggest pub in the world swing open Tuesday as the 30th Great British Beer Festival gets underway. The annual …
Two ministers quit Maldives cabinet in protest
COLOMBO, Aug 6, 2007 (AFP) - Two senior Maldivian ministers have quit the cabinet accusing President Maumoon Abdul Gayoom of obstructing reform, officials and …
Australian rates tipped to rise
SYDNEY, Aug 7, 2007 (AFP) - An Australian interest rate rise Wednesday is almost a certainty, according to economists, creating a political headache for Prime …
Virgin to form alliance with AirAsia for long-haul ops
KUALA LUMPUR, Aug 7, 2007 (AFP) - Asian low-cost airline pioneer Tony Fernandes looks set to score a major coup with British businessman Richard Branson coming …
Sri Lanka Cricket cuts Atapattu loose
Aug 7, 2007 (AFP) - Sri Lanka's cricket governing body Monday released former captain Marvan Atapattu from his contract, effectively ending his career with the …
Mugabe at anti-poverty summit in Malaysia
LANGKAWI, Malaysia, Aug 6, 2007 (AFP) - Zimbabwean President Robert Mugabe, internationally condemned for his nation's economic meltdown and human rights …
Atapattu asks for release from Sri Lanka contract
Aug 5, 2007 (AFP) - Sri Lanka's former captain Marvan Atapattu has asked to be released from his contract with the national team, cricket officials said …
US soldier gets 110 years in rape, killing of Iraqi girl
WASHINGTON, Aug 4, 2007 (AFP) - A US soldier was sentenced Saturday to 110 years in jail for raping and killing a 14-year-old Iraqi girl and slaying her …
Zimbabwe money printing, price control mess, boom for border town
MUSINA, South Africa, Aug 5, 2007 (AFP) - James Diop rings up another sale and then contemplates his good fortune to work in a supermarket in South Africa as …
Rural Japan puts thorn in side of farm reform
TOKYO, Aug 5, 2007 (AFP) - Fearing their government cares more about big business than small farmers, Japan's rural dwellers are deserting the ruling …
India cricket moguls move to crush competition
NEW DELHI, Aug 5, 2007 (AFP) - Indian cricket was rocked by an acrimonious slanging match on Sunday as the game's powerful establishment moved to crush a …
China blacklists companies exporting poor-quality goods
BEIJING, Aug 4, 2007 (AFP) - China has established a blacklist of companies that have violated rules on the quality of exports, the commerce ministry said …
Level Play
August 4, 2007 (LBO) – Sri Lanka's state sector has to improve governance for the country to progress, at a time when private firms were coming under …
India and US in landmark nuclear deal
NEW DELHI, Aug 3, 2007 (AFP) - India and the United States unveiled on Friday the text of an operating agreement for their controversial civilian nuclear …
Baby Probe
COLOMBO, Aug 3, 2007 (AFP) - A Dutch couple has been detained in custody for another two weeks following their arrest nine days ago for trying to illegally …
India inflation eases but RBI warns of rising commodity prices
NEW DELHI, Aug 3, 2007 (AFP) - India's inflation rate eased to 4.36 percent on falling food prices, official data on Friday showed, after the central bank held …