Archive for February 11th, 2008

Gov’t report: S Korea showing more signs of inflation

Monday, February 11th, 2008

The South Korean economy is showing more signs of inflation due to hikes in oil prices and service charges, a report by the South Korean Finance Ministry said on Monday. According to the report, the consumer price growth in January ...

SocGen employee released in trading case

Monday, February 11th, 2008

French judges Saturday dismissed conspiracy accusations against a Societe Generale bank employee, who was suspected of involvement in a rogue trading scandal. The man, named by prosecutors as Moussa Bakir, was brought before investi ...

India, Russia trade to hit $20 bln by 2015

Monday, February 11th, 2008

Trade between India and Russia has the potential to hit 10 billion U.S. dollars by 2010 and 20 billion U.S. dollars by 2015 if some obstacles like high credit risk and procedural hassles are addressed, the latest industry survey says. ...

FM: Indonesia has no plan for Timor-Leste evacuation

Monday, February 11th, 2008

Indonesian Foreign Minister Hassan Wirajuda said Monday the government has no plans yet to evacuate its citizens from Timor-Leste after President Ramos-Horta was shot and wounded in the stomach in an early morning attack. "There ar ...

Timor-Leste president wounded in attack, PM escapes ambush

Monday, February 11th, 2008

Timor Leste President Jose Ramos-Horta was shot and wounded Monday in the stomach by rebel gunmen in a predawn raid on his home in the capital Dili, but his wounds were classified as not "life threatening." Also on Monday, the home ...

Russian PM to visit India, economic ties on agenda

Monday, February 11th, 2008

Ways to enhance trade and economic relations will dominate the agenda of Russian Prime Minister Victor Zubkov's visit to India from Tuesday, sources said. During Zubkov's two-day official visit, Indian Prime Minister Manmohan Singh ...

S Korean navy seeks to build more Aegis destroyers

Monday, February 11th, 2008

The South Korean Navy is seeking to build up to three Aegis destroyers in addition to the three already planned, South Korea's Yonhap News Agency reported on Monday. The number of additional ships to be built has yet to be fixed, b ...

Nepali constituent assembly election court formed

Monday, February 11th, 2008

Nepali cabinet has formed the Constitutional Court to hear disputes and complaints regarding the election, local leading media group's website Nepalnews.com reported Monday. The Constitutional Court was formed on Sunday as per the ...