After boom years, inflation bites in Vietnam
HANOI, July 28, 2008 (AFP) – Hit with Asia’s highest inflation rate and a surprise 30 percent hike in petrol prices last week, some Vietnamese are …
World
Tariff row by developing states threatens WTO deal
GENEVA, July 27, 2008 (AFP) – A clash between developing countries over protectionist measures to save farmers from surging imports threatened Sunday to …
Indian leaders urge calm, army called out after attacks
AHMEDABAD, July 27, 2008 (AFP) – Indian leaders issued appeals for calm Sunday as the army was called out after a wave of bombings killed 45 people in …
Key points of compromise text issued by WTO head
GENEVA, July 27, 2008 (AFP) – Here is a summary of key proposals put forward by the head of the World Trade Organization in a bid to break the deadlock …
Congress throws a lifeline to drowning US housing sector
WASHINGTON, July 26, 2008 (AFP) – A US housing sector that has yet to hit bottom after its worst slump in decades secured a lifeline Saturday from a …
Oil prices slide, metals correct on hopes of end to US money printing
LONDON, July 25, 2008 (AFP) – Oil prices fell further this week, leaving them about 20 dollars off record highs, while there were also losses for metals …
At least 55 injured in blasts in western Indian city
AHMEDABAD, July 26, 2008 (AFP) – At least 55 people were injured as a series of blasts rocked the western Indian city of Ahmedabad on Saturday, senior …
Oil prices could drop if Iran concerns allayed: OPEC president
ALGIERS, July 26, 2008 (AFP) – The price of oil could drop to between 70 and 80 dollars a barrel if the dollar strengthens and concerns over Iran are …
Critical DNS vulnerability found on internet: experts
SAN FRANCISCO, July 24, 2008 (AFP) – Internet security researchers on Thursday warned that hackers have caught on to a “critical” flaw that …
Eurozone money supply slows, points to weaker economy: analysts
FRANKFURT, July 25, 2008 (AFP) – Growth of eurozone money supply and credit eased sharply last month, the European Central Bank said on Friday, providing …
Sri Lanka fighting kills scores of rebels: military
July 25, 2008 (AFP) – Heavy ground battles across Sri Lanka’s north claimed the lives of 59 Tamil Tiger rebels and two soldiers, the defence …
One dead as serial bomb blasts hit Indian IT city: police
BANGALORE, July 25, 2008 (AFP) – India’s high-technology capital Bangalore was hit by a string of seven coordinated bomb blasts Friday with at …
Vietnam inflation hits 27 percent, trade gap widens
HANOI, July 24, 2008 (AFP) – Vietnam’s annual inflation rate hit 27 percent in July, the government said Thursday, as rocketing food and fuel costs …
India mobile phone giant Bharti Q1 profit up 34 percent
MUMBAI, July 24, 2008 (AFP) – India’s top mobile phone company, Bharti Airtel, said its first-quarter net profit increased by a …
Oil tumbles to US$124 a barrel after Plosser hints at rate hike
NEW YORK, July 23, 2008 (AFP) – Oil prices tumbled Wednesday as supply concerns eased after a bigger-than-expected increase in gasoline reserves was …
Japanese business chief calls for change of government
TOKYO, July 23, 2008 (AFP) – One of Japan’s top business leaders called Wednesday for a change of government to shake up Asia’s largest …
US bank Wachovia scorched with US$8.7bn loss
NEW YORK, July 22, 2008 (AFP) – Banking giant Wachovia took a hit from the US housing slump with a quarterly loss announced Tuesday of 8.662 billion …
Australian inflation rises to 4.5 percent
SYDNEY, July 23, 2008 (AFP) – Australia’s annual inflation rate jumped to 4.5 percent in June, official data showed Wednesday, as Treasurer Wayne …
India will not give ground in industrial field: Nath
GENEVA, July 23, 2008 (AFP) – India hinted on Wednesday that it is prepared to see WTO talks founder if rich countries do not take big strides towards …
Vaccine kick-starts immune response to cancer
July 21, 2008 (AFP) – Researchers have developed a plant-based cancer vaccine capable of kick-starting the body’s immune response and being …