Archive for the ‘All’ Category

Japan to nominate new central bank chief before next weekend

Thursday, April 3rd, 2008

The Japanese government intends to nominate new chief for the Bank of Japan (BOJ) before the Group ofSeven finance officials' meeting scheduled for the end of next week in Washington, Chief Cabinet Secretary Nobutaka Machimura said Thursday ...

US state opens center

Thursday, April 3rd, 2008

Georgia yesterday announced it will set up a business advisory center in Beijing, the first in the Chinese capital by a US state, in a move to attract more trade and investment from China. The center will introduce Georgia's opportunitie ...

IMF expects global growth to slow to 3.7%

Thursday, April 3rd, 2008

The International Monetary Fund cut its forecast for global growth this year and said there's a 25 percent chance of a world recession, citing the worst financial crisis in the US since the Great Depression. The world economy will expand ...

Dollar briefly climbs above 100 yen line in Tokyo

Monday, March 31st, 2008

The U.S. dollar briefly climbed above the 100 yen line Monday in Tokyo. At 5 p.m., the dollar was quoted at 99.35-38 yen against 99.21-31 yen in New York and 99.99-100.02 yen in Tokyo at 5 p.m. Friday. It moved between 98.80 ...

Hawaii’s Aloha Airlines to shut down passenger service

Monday, March 31st, 2008

Hawaii's second-largest airline, Aloha Airgroup Inc., said on Sunday it will halt all passenger service after Monday, as a result of fierce competition and rising fuel prices. The airline said it will stop taking reservations for fl ...

Brazil to construct hydroelectric stations with Peru, Argentina and Bolivia

Sunday, March 30th, 2008

Brazil is studying construction of six bilateral hydroelectric stations with Argentina, Bolivia and Peru, Brazil's Mine and Energy Minister Edson Lobao announced Friday. Brazil has already signed some contacts with Argentina and Bol ...

New Zealand honey exporter reassures overseas markets

Sunday, March 30th, 2008

New Zealand honey exporter are reassuring overseas markets their products are safe following an outbreak of honey poisoning cases, the New Zealand Press Association reported on Sunday. The Waikato District Health Board said there we ...

Gunfight leaves three dead in western Canada

Sunday, March 30th, 2008

Three people were killed and three more injured in a bloody gunfight Saturday in the western Canadian city of Winnipeg, local TV reported. The gunfight occurred in a house near the city's international airport, the report said. Bodi ...