Archive for April 9th, 2008

Oil slips on dollar, expected US inventory build

Wednesday, April 9th, 2008

Oil prices eased yesterday, pressured by profit-taking, gains in the dollar and expectations that a looming government report would show another increase in US crude stockpiles. US crude futures settled down 59 cents to US$108.50, t ...

Website success demonstrates huge interest in New Zealand-China FTA

Wednesday, April 9th, 2008

A new government website containing information on New Zealand's Free Trade Agreement with China has received a huge amount of interest in its first 48 hours of operation, New Zealand Trade Minister Phil Goff said Wednesday. The all ...

S Korea’s money supply grows at 5-year high in Feb.

Wednesday, April 9th, 2008

South Korea's money supply grew by 13.2 percent from a year earlier, the fastest pace in more than five years, in February, South Korea's central bank said on Wednesday. According to the Bank of Korea (BOK), The country's liquidity ...

Indonesian parliament approves Boediono as central bank chief

Wednesday, April 9th, 2008

The Indonesian House of Representatives agreed in a plenary session on Wednesday to accept the nomination of chief economic minister Boediono as the new Bank Indonesia governor. In the open hearing, no lawmakers gave objection to th ...

Mexican president submits energy reform plan to Congress

Wednesday, April 9th, 2008

Mexican President Felipe Calderon submitted an energy reform plan to Congress Tuesday which is aimed at boosting the declining output of Mexico's state-owned oil company. Deputy Energy Minister Jordy Herrera said the plan would enab ...

Malaysia strengthens investor protection

Wednesday, April 9th, 2008

Malaysian Securities Commission (SC) has introduced new guidelines to strengthen investor protection by promoting responsible conduct among stockbrokers and their representatives, local media reported on Wednesday. The Guidelines on ...

Japanese parliament endorses Shirakawa as central bank chief

Wednesday, April 9th, 2008

Japan's House of Representatives Wednesday backed the government's nomination of Masaaki Shirakawa, acting chief of Bank of Japan (BOJ), for BOJ's governor. The decision came after the opposition-led House of Councilors approved Shi ...

Japan’s central bank retains key interest rate at 0.5%

Wednesday, April 9th, 2008

The Bank of Japan (BOJ) Wednesday decided to keep the key short-term interest rate at 0.5 percent at a policy meeting. With the central bank chief post vacant, seven BOJ Policy Board members voted unanimously to maintain the target ...