Category: World

JAKARTA, September 1, 2008 (AFP) – Indonesia’s annual inflation rate rose to 11.85 percent in August after month-on-month growth of 0.51 percent, Central Statistics Agency chief Rusman Heriawan said Monday. Annual price growth was less than the expected 12 percent, according to economists polled by Dow Jones Newswires. While inflation last month was slower than […]

BENGHAZI, August 30, 2008 (AFP) – Italian Prime Minister Silvio Berlusconi on Saturday apologised to Libya for damage inflicted by Italy during the colonial era and signed a five-billion-dollar investment deal by way of compensation. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Berlusconi made the apology […]

SOFIA, August 31, 2008 (AFP) – Bulgaria’s real estate boom is turning to bust as its key British and Irish property buyers are now discouraged by financial difficulties at home and the ugly concrete views outside their windows. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 According […]

KUALA LUMPUR, August 30, 2008 (AFP) – A second Malaysian tanker carrying petrochemicals has been hijacked by pirates in the Gulf of Aden, the vessel’s owner said in a statement Saturday. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The MT Bunga Melati 5 with 41 crew […]

MAASAI MARA, August 29, 2008 (AFP) – Investors and conservationists have dreamt up an innovative business plan to save Kenya’s iconic Maasai Mara, a wildlife haven threatened by over-grazing, farming and mass tourism. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Around August each year, swarms of […]

NEW DELHI, August 29, 2008 (AFP) – India’s high-flying economy expanded by a slower-than-expected 7.9 percent in the first quarter as stiff anti-inflation measures hit demand, official data showed Friday. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The figure for the three months to June was […]

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 […]

MUMBAI, August 28, 2008 (AFP) – India’s most powerful businessman Mukesh Ambani has condemned protests against a plant building the world’s cheapest car, saying they hurt the country’s ability to attract needed investment. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 Ambani, chairman of giant Reliance Industries […]

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. […]