Archive for April 26th, 2008

Party leader: Nepali Congress wants to lead gov’t

Saturday, April 26th, 2008

A leader of the Nepali Congress (NC) has said that his party still wants to lead the coalition government even after its defeat in the Constituent Assembly poll, The Kathmandu Post reported on Saturday. Talking to journalists on Fr ...

Andean nations, EU end third round of negotiations

Saturday, April 26th, 2008

The Andean Community of Nations (CAN) and the European Union (EU) ended their third round of negotiations Friday after a five-day meeting that concentrated on consultations on political dialogue, cooperation and trade. Ecuadorian ne ...

Four best business plans selected for 21st Century China-UK Entrepreneurship Competition final

Saturday, April 26th, 2008

Four best business plans including one from China have been selected for the final of the 21st Century China-UK Entrepreneurship Competition scheduled to take place in London in late June. The four was selected among the eight busi ...

Founders agree on contributions to startup capital of Bank of South

Saturday, April 26th, 2008

The seven South American countries that launched the Bank of the South (Bansur) last December agreed here Friday on their respective contributions to the bank's startup capital in proportion to the size of each economy. The startup ...

Wall Street drops as consumer confidence falls to 26-year low

Saturday, April 26th, 2008

Wall Street erased early gains Friday, after a consumer sentiment reading fell to its lowest level in 26 years. The Reuters/University of Michigan consumer sentiment index came in at 62.6 for April, the lowest reading since 1982, a ...

Dollar up against euro, down against pound

Saturday, April 26th, 2008

The dollar rose against the euro and fell against the British pound on Friday amid mixed economic data. Although U.S. consumer sentiment index fell to its lowest point since early 1980s, economic data still showed resilience in some ...

Wall Street trades mixed on weak consumer confidence, Microsoft’s earnings

Saturday, April 26th, 2008

Wall Street ended mixed Friday on weak consumer confidence. The Reuters/University of Michigan consumer sentiment index fell to 62.6 for April from 69.5 a month earlier. It was the lowest reading since the early 1980s, as Americans ...

Crude prices jump on Persian Gulf tension

Saturday, April 26th, 2008

Crude oil prices jumped Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two boats in the Persian Gulf. The news raised concerns that a conflict between U.S. and Iranian forces could cu ...