Archive for March 13th, 2008

Russia’s Gazprom, Ukraine reach agreement on gas deliveries

Thursday, March 13th, 2008

Russia's Gazprom reached agreement with Ukraine on gas deliveries in 2008, local media reported on Thursday. Source:Xinhua ...

U.S. dollar plunges below 100 yen

Thursday, March 13th, 2008

The U.S. dollar plunged below the 100 yen level on Thursday for the first time in 12 years amid growing concerns about the recession of the U.S. economy. Source:Xinhua ...

Sprint seeks marketing message to lure customers

Thursday, March 13th, 2008

Sprint Nextel Corp. is giving its consumer marketing message a makeover once again as it seeks to give wireless customers a reason to switch to the troubled carrier, a company executive said Wednesday. Chief Network Officer Kathy Wa ...

Tokyo stocks dive over 3%

Thursday, March 13th, 2008

Tokyo stocks closed over 3 percent lower Thursday, falling to a level unseen since August 2005. The 225-issue Nikkei Stock Average lost 427.69 points, or 3.33 percent, from Wednesday to close at 12,433.44. The broader Topix ...

S Korea to seek new inter-Korean industrial complex

Thursday, March 13th, 2008

South Korean government has organized a task force to seek the possibility of setting up a new inter-Korean joint industrial complex in the demilitarized zone bisecting the two Koreas, South Korea's Yonhap News Agency reported on Thursday. ...

Oil prices surpass 110 U.S. dollars

Thursday, March 13th, 2008

Oil hovered around a record high of 110 U.S. dollars a barrel Wednesday with a tumbling U.S. dollar, fund flows and OPEC's reluctance to pump extra crude providing support. Oil prices jumped from less than dollars 70 to over 110 dol ...

Global Crossing sees 4Q profit, upbeat about 2008

Thursday, March 13th, 2008

Telecommunications carrier Global Crossing Ltd. said Wednesday it managed a small fourth-quarter profit on increased sales to Internet and corporate networking customers, and it expects 2008 sales to grow 2.4 percent to 6.4 percent, beating ...

Malaysian company shows interest in developing Indonesian gas block

Thursday, March 13th, 2008

Malaysia-based oil and gas company Petroliam Nasional Berhad (Petronas) has expressed interest in developing Indonesia's Natuna D-Alpha block, whose operator status remains in limbo, Indonesian press said Thursday. "We are still wai ...