Archive for May 30th, 2008

Peru, Canada sign free trade agreement

Friday, May 30th, 2008

Peru and Canada signed a free trade agreement (FTA) Thursday, hailed by Peruvian President Alan Garciaas an important step for his county's economic future. "This is a very important day for our country" and the trade pact was more ...

U.S. stocks rise as oil prices plunge

Friday, May 30th, 2008

Wall Street rose Thursday as oil prices fell sharply and the U.S. government said the economy grew faster than previously estimated last quarter. Crude prices declined more than 4 U.S. dollars per barrel as the dollar rose against m ...

NYSE introduces new data products to enhance transparency, speed

Friday, May 30th, 2008

New York Stock Exchange (NYSE) Euronext will introduce two new data products to enhance the transparency and speed, the exchange said Thursday. "These products provide traders with new insight into what's happening in the market, an ...

Philippines suspends lands conversion to ensure rice supply

Friday, May 30th, 2008

Philippine President Gloria Macapagal-Arroyo has placed a two-year ban on the conversion of rice farms throughout the country to ensure food sufficiency, the presidential palace said on Friday. The suspension, approved by President ...

S Korea’s current account deficit rises sharply in April

Friday, May 30th, 2008

South Korea's current account deficit rose sharply in April to 1.56 billion U.S. dollars from 110.6 million U.S. dollars in March, the central bank said on Friday. "The April current account deficit widened on higher dividend payout ...

Dollar moves at mid-105 yen level in Tokyo

Friday, May 30th, 2008

The U.S. dollar traded at the mid-105 yen level early Friday in Tokyo. At 9 a.m., the dollar was quoted at 105.55-58 yen, compared with 105.44-54 yen in New York and 104.98-105.01 yen in Tokyo at 5 p.m. Thursday. The euro wa ...

Naomi Campbell faces 6 charges in luggage rage row

Friday, May 30th, 2008

Supermodel Naomi Campbell is facing charges of assaulting two police officers during an alleged luggage rage incident April 3 at Heathrow Airport, her lawyer and prosecutors said Thursday. Campbell, 38, was charged when she reported ...

Lawyer: Britney Spears not fit to stand trial

Friday, May 30th, 2008

Britney Spears is not yet fit to stand trial in her conservatorship case, her lawyer has told a Los Angeles Superior Court commissioner. Samuel Ingham, Spears'court-appointed attorney, and attorneys for the pop star's father and cons ...