Business and Finance News
- Second straight day of US stock rises
China News.Net
U.S. stocks climbed steeply higher for a second day straight on Thursday as declining oil prices and stock deals pushed technology stocks, helping offset weak economic reports.
- US could be going down Japanese path
China News.Net
While the United States remains the world's most competitive economy, it risks falling into economic recession like Japan in the 1990s.
- South Korea-US trade pact proves unpopular
China News.Net
The Seoul government has said a free trade pact with the United States will help South Korea weather tough economic times ahead.
- More oil employees kidnapped in Nigeria
China News.Net
Eleven Chevron employees have been kidnapped in Nigeria.
- KLM-Air France puts up international fares
China News.Net
KLM-Air France is once again raising the surcharge passengers must pay to compensate for the increase in oil prices.
- Changi Airport set for more expansion
China News.Net
After several years in planning and construction, Terminal 3 in Changi Airport, Singapore opened for scheduled flights in January.
- Abu Dhabi in a new construction phase
China News.Net
Housing shortages in Abu Dhabi are due to ease within the next three years as construction under way provides a new supply of units to the market.
- Bali to welcome cruise ships in new port
China News.Net
Indonesia's island resort of Bali will soon have a modern and permanent port for foreign cruise ships.
- White House warns of continuing high food bills
China News.Net
White House officials claim high global food prices will linger for two to three years while the world replenishes food stocks.
- Hong Kong keen to attract overseas fund managers
China News.Net
Hong Kong's government is calling on foreign fund managers to tap the huge domestic savings of China.
- Zimbabwe prints mammoth bank note
China News.Net
Zimbabwe has introduced a new half-a-billion dollar bank note in a bid to tackle cash shortages fed by rampant inflation.
- Microsoft is joining low-cost laptop project
International Herald Tribune
After years of conflict, Microsoft and the computing and education project One Laptop Per Child, have reached an agreement that will put Windows on the organization's computers. Microsoft long...
- Treasurys rise amid further economic uncertainty
San Diego Union-Tribune
The Labor Department said the number of laid off-workers applying for jobless benefits rose last week by 6,000 to 371,000 – near the average analyst forecast. That suggests that the labor...
- Shares rise on Wall Street
Earth Times
New York - Stocks rose on Wall Street Thursday led by computer chip maker Intel after analysts said there was rising demand for the product. "If we can get through this high-risk period of a US...
- Senators near housing deal
San Diego Union-Tribune
WASHINGTON – Key senators said they are close to a bipartisan deal on a homeowner rescue package that could help a half million strapped borrowers get government-backed mortgages. Sen....
- World economy to grow by 1.8 percent in 2008
Seattle Post-Intelligencer
The world economy is "teetering on the brink" of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections...
- Yahoo says Icahn misunderstands facts of Microsoft takeover try
Yahoo! News
... which he said had been "completely botched" by the Internet firm. "Unfortunately, your letter reflects a significant misunderstanding of the facts about the Microsoft proposal and...
- LG Display sinks after Lehman downgrade
Reuters
... amp;quot;On weaker than expected panel pricing, especially for TV panels, we do not expect LG Display's profitability to improve for the rest of 2008," Lehman Brothers said in its report on Thursday.
- Lockheed wins $1.5 bln GPS satellite deal
Reuters
Research ) said on Thursday it had won a U.S. Air Force contract to start building a new generation of global positioning satellites, a deal valued by one source at up to $1.5 billion.
- Citigroup Prices A$500 Million RMBS At Swap +145 BPs
Morning Star
The notes are issued through the Securitized Australian Mortgage Trust and comprise a single tranche rated AAA by Standard and Poor's and Moody's Investors Service. The transaction is the first...
- WorldSpace Satellite Radio Reports First Quarter 2008 Results
CNBC
The Company ended the quarter with 171,470...
- China Yingxia International, Inc. Reports First Quarter 2008...
CNBC
All PR Newswire news HARBIN, China, /Xinhua-PRNewswire-FirstCall/ -- China Yingxia International, Inc. (OTC Bulletin Board: CYXI) ("China Yingxia" or "the Company"), a leading provider in...
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