Category: World

SINGAPORE, August 28, 2008 (AFP) – Southeast Asian nations have concluded a deal for free trade in goods with India, ministers said Thursday, in a development hailed as a key regional milestone after hard negotiations. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The agreement between the […]

DUBAI, August 28, 2008 (AFP) – Dubai-based port operator DP World posted on Thursday a 123 percent increase in net profits in the first half of 2008, which hit 287 million dollars, despite a global economic slowdown. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The world’s […]

LONDON, August 27, 2008 (AFP) – British oil firm Cairn Energy said that net profits slumped in the first half of 2008, compared with the same period last year when it was boosted by the part sale of its Indian division. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ […]

SINGAPORE, August 27, 2008 (AFP) – World oil prices rose in Asian trade Wednesday, underpinned by concerns Hurricane Gustav may head for the Gulf of Mexico where key US energy installations are located, dealers said.Anglo-Dutch energy giant Royal Dutch Shell said it was planning to evacuate some staff from its Gulf facilities because of Gustav. […]

HANOI, August 25, 2008 (AFP) – Vietnam’s August inflation rate hit 28.3 percent year-on-year, while the country’s trade deficit widened to 16 billion dollars, official figures showed Monday. Inflation was 1.56 percent up from July and had reached 21.7 percent since the start of 2008, the General Statistics Office (GSO) estimated in a preliminary report. […]

SINGAPORE, August 26, 2008 (AFP) – Southeast Asian economic ministers have signed agreements allowing their nations’ accountants, dentists and doctors to work in each other’s countries, officials said Tuesday. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Association of Southeast Asian Nations (ASEAN) ministers signed […]

KUALA LUMPUR, August 24, 2008 (AFP) – Malaysian premier Abdullah Ahmad Badawi said a recent move to cut petrol prices by 5.6 percent to 2.55 ringgit (0.76 dollars) a litre was not politically motivated, according to a report Sunday. The government’s announcement on Friday comes ahead of a crucial by-election this Tuesday contested by opposition […]

CENTREVILLE, August 25, 2008 (AFP) – Have a little money saved up?A few hours to kill? Why not take a new kind of tour — to peruse the bank-seized properties of homeowners fallen on hard times?The tour is free, soft drinks and donuts are included, and you might just make a killing on the wounded […]

TOKYO, August 25, 2008 (AFP) – Toyota Motor Corp.said Monday that it will raise the prices of some passenger cars in Japan for the first time in three decades in response to skyrocketing steel costs. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 The move […]

LONDON, August 25, 2008 (AFP) – The Bank of England’s new deputy governor warned on Monday that the global financial slowdown could “drag on for some considerable time”. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Charles Bean said that every time the markets began […]

STOCKHOLM, August 24, 2008 (AFP) – Burgeoning demand for food to feed the world’s swelling population, coupled with increased use of biomass as fuel is putting a serious strain on global water reserves, experts said To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 “If we […]

LONDON, August 22, 2008 (AFP) – Britain’s economy stopped growing in the second quarter of 2008, recording the weakest quarterly growth rate for 16 years and leaving the country on the brink of recession, analysts said Friday. To recieve instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 […]