Sri Lanka fighting endangering civilians: Amnesty
August 15, 2008 (AFP) – Fighting between Sri Lankan troops and Tamil Tiger rebels in the north is endangering the lives of tens of thousands of displaced …
World
Contractors reap 85 bln dlrs from Iraq war: US report
WASHINGTON, August 15, 2008 (AFP) – The US government paid out 85 billion dollars in four years to contractors providing services to various government …
Gold price slumps under 800 dollars
LONDON, August 15, 2008 (AFP) – Gold prices tumbled underneath 800 dollars per ounce on Friday, hitting a ten-month low point as the precious metal was …
Oil prices extend losses; OPEC says demand growth will slow
LONDON, August 15, 2008 (AFP) – Crude prices fell further on Friday as OPEC lowered its forecast for oil demand growth, citing the weak global economy. …
Oil prices up at US$113 after US inventory report
NEW YORK, August 13, 2008 (AFP) – Oil prices rallied Wednesday after a weekly US government snapshot showed a surprisingly sharp drop in gasoline …
Vietnam aiming for seven to eight pct growth: state media
HANOI, August 14, 2008 (AFP) – The Vietnamese government has targeted economic growth of seven to eight percent in 2009 and aims to win its fight against …
China’s expects inflation to fall to 6.0-pct as commodity bubble bursts
SHANGHAI, August 14, 2008 (AFP) – China’s consumer inflation is expected to continue to slow in the rest of this year and in 2009 as global …
Recession stalks shrinking eurozone economy
BRUSSELS, August 14, 2008 (AFP) – The eurozone economy contracted for the first time ever, with output falling 0.2 percent in the second quarter …
Britain facing increased risk of recession: BoE governor
LONDON, August 13, 2008 (AFP) – The head of the Bank of England forecast on Wednesday that Britain faced increased risk of recession with economic growth …
Euro ticks higher against dollar, oil down
NEW YORK, August 12, 2008 (AFP) – The euro ticked slightly higher against the dollar Tuesday in a market awaiting a fresh batch of indicators on the …
India’s Reliance in tie-up with famed toy store Hamleys
MUMBAI, August 13, 2008 (AFP) – Indian corporate giant Reliance announced a tie-up with famed British toy retailer Hamleys, promising to bring …
India says rich world must ‘give’ to restart WTO talks
NEW DELHI, August 13, 2008 (AFP) – India urged developed nations to return to the negotiating table to hammer out a new global trade deal — but …
Rat snacks can solve world food price crisis: Indian official
PATNA, August 13, 2008 (AFP) – Eating rats is the best way for rich and poor people to solve the global crisis of rising food prices, an Indian official …
Oil prices sink despite Georgian conflict
NEW YORK, August 11, 2008 (AFP) – Crude oil prices sank Monday as the market worried about weakening demand, particularly in the eurozone and in China, …
Dollar gains against Euro, commodities
TOKYO, August 12, 2008 (AFP) – The euro languished at six-month lows against the dollar in Asian trade on Tuesday as traders continued to focus on the …
Japan’s wholesale inflation hits 7.1-pct in July 2008
TOKYO, August 12, 2008 (AFP) – Japanese wholesale inflation hit a 27-year high of 7.1 percent in July on soaring commodity costs, the central bank said …
Standard Chartered bank shakes off credit crunch as profits soar
Aug 12, 2008 (LBO) – Standard Chartered said that its push into Asia, Africa and the Middle East had fuelled a profits surge at the emerging markets bank …
Australia PM pushes Asia Pacific Community idea
SINGAPORE, August 12, 2008 (AFP) – Australian Prime Minister Kevin Rudd Tuesday pushed ahead with his vision of an Asia Pacific Community but played down …
Singapore’s Q2 growth slows to 2.1 percent: government
SINGAPORE, August 11, 2008 (AFP) – Singapore’s economic growth slowed to an annual 2.1 percent in the second quarter, the government announced on …
Papuan tribal chief takes on US mining giant: report
JAKARTA, August 11, 2008 (AFP) – A tribal chief in Indonesia’s West Papua launched a campaign Monday to get compensation from US mining giant …