Archive for May 3rd, 2008
Saturday, May 3rd, 2008
The Asian Development Bank (ADB) will hold its annual meeting this weekend amid economic slowdown in the world's most dynamic region and rising food prices which hit the poorest most.
When some 3,000 leaders of government, the priva ...
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Saturday, May 3rd, 2008
The Asian Development Bank (ADB) has secured 11.3 billion U.S. dollars of donations for its development fund to fight poverty in the Asia-Pacific region in the next four years.
"The generous contribution of donor nations will help d ...
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Saturday, May 3rd, 2008
Australian-based steel giant BlueScope Steel is interested in acquiring stake in Indonesian largest steel maker Krakatau Steel Inc., which is set to go on offer under a government privatization program, a senior official quoted by local med ...
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Saturday, May 3rd, 2008
Chinese major carrier China Southern Airlines launched a new route on Friday linking picturesque Guiyang City in southwest China's Guizhou Province to Seoul of the Republic of Korea (ROK).
The twice-a-week flight with a Boeing 737 a ...
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Saturday, May 3rd, 2008
The London Stock Market was boosted at midday Friday by a renewed sense of optimism on Wall Street as a result of the Fed's latest interest-rate cut.
London's FTSE 100 index was 56.9 points higher at 6144.2 at midday after the Dow J ...
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Saturday, May 3rd, 2008
The dollar rose against most major currencies on Friday after a government report showed that U.S. job cuts in April were less than feared.
The U.S. Labor Department said on Friday that 20,000 jobs were shed last month, far fewer th ...
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Saturday, May 3rd, 2008
The U.S. Federal Reserve, in coordination with other central banks, will expand a series of efforts to deal with the persistent global credit crisis, the Fed said in a statement on Friday.
"In view of the persistent liquidity pressu ...
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Saturday, May 3rd, 2008
U.S. unemployment rate declined slightly in April as employers cut far fewer jobs than in recent months, the Labor Department reported Friday.
April was the fourth consecutive month when the U.S. economy lost jobs. But employers cut ...
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