Archive for February 22nd, 2008

Tokyo stocks sharply lower

Friday, February 22nd, 2008

Tokyo stocks closed sharply lower Friday. The 225-issue Nikkei Stock Average, which climbed nearly 380 points Thursday, shed 187.82 points, or 1.37 percent, to end at 13,500.46. The broader Topix index of all First Section i ...

"Stand by your Ham," UK farmers sing to save pork industry

Friday, February 22nd, 2008

In order to save Britain's pork industry, dozens of pig farmers gathered in London to record the song "Stand by your Ham," available for download online, media reported Friday. Because of unprecedented rises in feed prices fuelled by ...

Toyota asks for bigger export terminal in Indonesia

Friday, February 22nd, 2008

Japanese top automaker Toyota Motor Corp. has urged Indonesia to expand the capacity of car terminal at Jakarta's Tanjung Priok Port due to expected higher export sales from the country, local press reported Friday. Local subsidiary ...

Brazil has enough reserves to pay external debt

Friday, February 22nd, 2008

Brazil's reserves are enough to pay its external debt, both in public and private sectors, Brazil's central bank said in a statement on Thursday. According to the bank, the country's international reserves and assets overcame its ex ...

Starbucks to axe 600 jobs amid staggering growth

Friday, February 22nd, 2008

Starbucks Corp, the world's largest chain of coffee shops, said on Thursday it will eliminate 600 jobs in an effort to end a decline in customer visits amid a faltering economy. The company has laid off about 220 support staff and w ...

Myanmar’s foreign trade up over 30% in first half of 2007-08

Friday, February 22nd, 2008

Myanmar's foreign trade in the first half of the fiscal year 2007-08 (April-September) was up 30.46 percent, reaching 5.049 billion U.S. dollars compared with the same period of 2006-07, according to the latest figures from the Central Stat ...

Microsoft to share information, but EU still critic

Friday, February 22nd, 2008

Microsoft on Thursday announced it will share more information about its products and technology in an effort to make outside applications work together with its softwares. The company will publish technical information on its websi ...

Stocks close higher in Argentina, Brazil, Mexico

Friday, February 22nd, 2008

Latin America's three major stock markets closed higher Thursday. Mexico City's IPC stock index rose by 0.47 percent to close at 29,2361.32 points. A total of 156 million shares were traded at 502 million U.S. dollars. The B ...