Archive for April 4th, 2008

Wall Street lower awaiting more testimony from Bernanke

Friday, April 4th, 2008

Wall Street lost ground in early trading Thursday, as investors await a second day of congressional testimony from Federal Reserve Chairman Ben Bernanke. Bernanke presented negative signals Wednesday during testimony to the Joint Ec ...

Mobile phones in Myanmar increase to over 200,000 in 2007

Friday, April 4th, 2008

The number of GSM mobile phones in Myanmar increased to 211,812 in 2007, up from 141,564 in 2006, a newly-published local bi-weekly reported Thursday. Other phones such as CDMA stood at 30,390 in number as of the year, while D-AMPS ...

"Mr. Fix-it" leads Merrill Lynch out of crisis

Friday, April 4th, 2008

Almost four months after serving as the CEO of Merrill Lynch, John Thain said Tuesday he has fixed a significant number of problems in the largest U.S. retail brokerage firm. In an exclusive interview with Xinhua at his new office i ...

Dollar hits new 3-week high in Tokyo

Friday, April 4th, 2008

The U.S. dollar rose Thursday in Tokyo, hitting a fresh three-week high. At 5 p.m., the dollar was quoted at 102.66-69 yen against Wednesday's 5 p.m. quotes of 102.30-40 yen in New York and 101.93-95 yen in Tokyo. It moved b ...

U.S. airman killed in bomb attack in Baghdad

Friday, April 4th, 2008

A U.S. airman was killed by a roadside bomb explosion near his vehicle in Baghdad, the U.S. military said on Friday. The incident took place on Thursday when an improvised explosive device (IED) struck a Multi-National Division â?? B ...

EU finance chiefs to meet on global financial crisis

Friday, April 4th, 2008

European Union finance ministers and central bank governors gather in Slovenia on Friday for a two-day informal meeting expected to focus on financial stability and the current global financial crisis. Financial stability is expecte ...

Thai PM says Constitution amendments begin in two weeks

Friday, April 4th, 2008

Thailand's Prime Minister Samak Sundaravej said on Friday that the government will spend about two weeks to conclude ways to amend the constitution which was put into force in 2007 by the military junta. Samak said that the amendmen ...

Colombia’s FARC says it will not unilaterally release hostages

Friday, April 4th, 2008

Colombia's Revolutionary Armed Forces (FARC) rebels said on Thursday they will not release more hostages unilaterally until an accord is negotiated in a demilitarized zone. FARC leaders Rodrigo Granda alias "El Canciller" and Jesus ...