Brown eyes Gulf funds to fight meltdown
INT118International/Diplomacy/EconomyBrown eyes Gulf funds to fight meltdownDubai, Nov 5 IANS British Prime Minister Gordon Brown has asked Saudi Arabia, Qatar and the United Arab Emirates UAE to contribute to his proposed expanded International Monetary Fund IMF in return for international recognition of these countries' increasing economic weight at this month's Group of 20 summit in Washington. “During his most recent tour in the region, Brown told leaders of the Gulf states that  read more
Posted by IANS on Friday Nov 07
Tokyo, Oct 30 DPA Markets across the Asia-Pacific Thursday s
BUS9BusinessAsia-Pacific stocks surge for third dayTokyo, Oct 30 DPA Markets across the Asia-Pacific Thursday saw the roller-coaster ride they have been taking in recent weeks make an upward surge with key markets jumping more than 10 percent on news of an interest rate cut by the US Federal Reserve. Japan's benchmark Nikkei 225 Stock Average ended trading up nearly 10 percent after the US central bank's rate cut as well as boosted profit prospects for Japan's exporters as the yen weakened against the dollar  read more
Posted by IANS on Thursday Nov 06
Tokyo, Oct 31 DPA Japan's benchmark Nikkei 225 Stock Average
BUS10BusinessNikkei falls five percent despite interest-rate cut LeadTokyo, Oct 31 DPA Japan's benchmark Nikkei 225 Stock Average plunged five per cent Friday and fell below 9,000 despite the Bank of Japan's announcement of an interest-rate cut as investors turned bearish over lowered corporate earnings forecasts. The Nikkei index dropped 452.78 points to close at 8,576.98. The broader Topix index of all first-section issues also fell 32.25 points, or 3.59 percent, to 867.12. The Bank of Japan cut its short-term interest rate to 0  read more
Posted by IANS on Thursday Nov 06
Tokyo, Oct 30 DPA Markets across the Asia-Pacific Thursday s
BUS9BusinessAsia-Pacific stocks surge for third dayTokyo, Oct 30 DPA Markets across the Asia-Pacific Thursday saw the roller-coaster ride they have been taking in recent weeks make an upward surge with key markets jumping more than 10 percent on news of an interest rate cut by the US Federal Reserve. Japan's benchmark Nikkei 225 Stock Average ended trading up nearly 10 percent after the US central bank's rate cut as well as boosted profit prospects for Japan's exporters as the yen weakened against the dollar  read more
Posted by IANS on Friday Oct 31
Sri Lanka lets more 'flexibility' in rupee-dollar exchange r
INT67International/EconomySri Lanka lets more 'flexibility' in rupee-dollar exchange rateBy P. KarunakharanColombo, Oct 30 IANS Sri Lanka’s Central Bank Thursday decided to allow the rupee exchange rate against the US dollar "to respond with greater flexibility” keeping in mind the recent sharp decline in export prices and prospects of lower export demand due to further slowing down in the global economy.The Central Bank in a statement said Thursday that the move was “particularly  read more
Posted by IANS on Friday Oct 31
SILIGURI
NAT99National/TerrorismTwo chocolate sellers hurt in blast hospitalised in SiliguriSiliguri, Oct 30 IANS Two chocolate sellers, who are brothers, injured in blasts in Assam's Kokrajhar district, were admitted with multiple injuries Thursday night to a nursing home in Siliguri. The siblings - Shanti Dutta, 44, and Anil Dutta, 40 - were brought from Kokrajhar and admitted to the Anandalok Nursing Home here.The Duttas were petty traders selling chocolates.An eyewitness to the blasts in Kokrajhar district, Mahadeb Dutta, seemed to shiver as he recalled it  read more
Posted by IANS on Friday Oct 31
Canadians see danger in trade reliance on US
BUS9Business/EconomyCanadians see danger in trade reliance on USToronto, Oct 31 IANS As resource-rich Canada seeks closer trade ties with Europe, over a third of its citizens blame their country's overdependence on the US for its current economic troubles.In a survey by the global parcel delivery giant United Parcel Service UPS, 36 percent Canadians blamed the current crisis on their overdependence on the US which accounts for 85 percent of its trade.Seven per cent attributed the Canadian downturn to the inaccessibility of credit that has marred US financial markets  read more
Posted by IANS on Friday Oct 31
Tokyo, Oct 31 DPA Japan's benchmark Nikkei 225 Stock Average
BUS10BusinessNikkei falls five percent despite interest-rate cut LeadTokyo, Oct 31 DPA Japan's benchmark Nikkei 225 Stock Average plunged five per cent Friday and fell below 9,000 despite the Bank of Japan's announcement of an interest-rate cut as investors turned bearish over lowered corporate earnings forecasts. The Nikkei index dropped 452.78 points to close at 8,576.98. The broader Topix index of all first-section issues also fell 32.25 points, or 3.59 percent, to 867.12. The Bank of Japan cut its short-term interest rate to 0  read more
Posted by IANS on Friday Oct 31
Asians have worse experiences than whites in US health-care
Washington, Oct 29 ANI: A new research, which found racial and ethnic disparities in patient health-care experiences, claims that Asians have worse experiences than white patients in US. The survey involving 49,000 patients showed that Asian and Pacific Islander patients have worst experiences than white patients, within the same practices."Our findings suggest that there are statistically significant ethnic disparities in physician-patient communication, access to care, and care coordination, even among comparably insured patients in a variety of health-care markets," said Dr  read more
Posted by aniin on Friday Oct 31
Haj sales increase in Srinagar
Srinagar, Oct 29 ANI: The sale of religious products here has increased as people prepare for 'Haj' pilgrimage to Mecca.The date of the pilgrimage keeps on changing every year depending on the date of Eid-ul-Fitr. This year the event is slated for December 6 - December 9.The annual pilgrimage needs lots of preparations. With shoppers thronging the markets to buy ihram men's and women's garments worn during the Haj pilgrimage, various accessories like belts and purses, slippers, books related to Haj, the shopkeepers are doing a great business  read more
Posted by aniin on Friday Oct 31
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