Philippines warns shipping as more Filipino crew kidnapped off Somalia
MANILA, October 17, 2008 (AFP) - The Vice-President of the Philippines has confirmed the hijacking of a Filipino-manned ship off Somalia and appealed to …
World
Europe urges global finance reform as stocks take new hammering
PARIS, October 16, 2008 (AFP) - Calls mounted Thursday for an overhaul of the global financial system as stocks took a new hammering and Switzerland took …
Wall Street suffers historic savaging
NEW YORK, October 15, 2008 (AFP) - Wall Street stocks plunged Wednesday in the second biggest single day point loss in history and their worst percentage fall …
As US heads towards recession, analysts ponder ‘how deep’?
WASHINGTON, October 16, 2008 (AFP) - With recession fears for the US economy growing by the day in the wake of a global financial crisis, analysts are …
Leaders eye finance overhaul as markets tumble
TOKYO, October 16, 2008 (AFP) - Emergency measures to tackle the financial crisis provided little relief for nervous investors Thursday, as stock markets …
Bad economy helps military recruitment: Pentagon
WASHINGTON, October 14, 2008 (AFP) - The US economic crisis could well make life easier for US military recruiters, who have struggled in recent years to meet …
Rice market tight next year despite big harvest: IRRI
MANILA, October 15, 2008 (AFP) - World rice markets are likely to remain tight next year despite an expected record harvest after key producers clamped down on …
Australia announces economic stimulus package
SYDNEY, October 14, 2008 (AFP) - Australian Prime Minister Kevin Rudd on Tuesday unveiled a 10. online pharmacy buy abilify with best prices today in the USA …
Japan loosens share buy-back rules
TOKYO, October 14, 2008 (AFP) - Japan's government on Tuesday announced measures aimed at stabilising the ailing stock market, including a loosening of …
Dubai leads Gulf stocks surge
KUWAIT CITY, October 14, 2008 (AFP) - Stocks in the booming Gulf emirate of Dubai leapt nine percent at the opening of trade on Tuesday, leading gains in the …
US to use 250 bln dlrs to buy bank shares
WASHINGTON, October 14, 2008 (AFP) - The US government will spend up to 250 billion dollars to buy shares in struggling banks in the latest effort to stem a …
Reykjavik stocks show 76-pct fall but officials blame calculation quirk
REYKJAVIK, October 14, 2008 (AFP) - Trading resumed on the Reykjavik stock exchange Tuesday and the main index showed a decline of 76. online pharmacy …
Morgan Stanley struggling with Mitsubishi UFJ capital injection: report
NEW YORK, October 13, 2008 (AFP) - US banking giant Morgan Stanley on Sunday was trying to salvage a nine-billion-dollar deal to sell 21 percent of its capital …
Global financial crisis will hit army of overseas Filipino workers
MANILA, October 13, 2008 (AFP) - There are few countries in the world where you will not find a Filipino worker. online pharmacy buy strattera with best prices …
South Korea eases rules on investment in banks amid crisis
SEOUL, October 13, 2008 (AFP) - South Korea's government said Monday it will allow conglomerates and other non-banking firms to buy a bigger stake in local …
Germany to unveil 470 bln euro bank rescue package: sources
BERLIN, October 13, 2008 (AFP) - Germany was to unveil Monday a 470-billion-euro rescue package to save the country's banks from collapse, government sources …
US to buy stakes in ‘broad array’ of banks: Treasury
WASHINGTON, October 13, 2008 (AFP) - The United States is ready to buy equity in a "broad array" of financial institutions, the Treasury's pointman on a 700 …
IMF ready to lend to countries during financial crisis; endorses G7 plan
WASHINGTON, October 11, 2008 (AFP) - The International Monetary Fund said Saturday it was ready to lend to countries in need of capital, as the 15 eurozone …
Golden Age for TV beckons
CANNES, October 12, 2008 (AFP) - A golden age for television beckons as established TV companies go head on with the Internet and other new digital media …
European finance crisis summit opens in Paris
PARIS, October 12, 2008 (AFP) - European leaders opened a summit in Paris on Sunday to try to agree on decisive measures to confront the global financial …