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China to crank up credit as lending, economy slow – The Malaysian Insider

The Malaysian Insider China to crank up credit as lending, economy slow The Malaysian Insider SHANGHAI, Feb 19 — China’s central bank yesterday cut the amount of cash banks must hold in reserves, boosting lending capacity by an estimated 350-400 billion yuan (RM169-193 billion) in a bid to crank up credit …

General Mills cuts ’12 outlook on weak sales

(Reuters) – General Mills Inc cut its 2012 outlook on Friday, citing weak sales volume, and its shares fell more than 4 percent.

How to Mend U.S.-China Ties

As Chinese Vice President Xi Jinping visits the United States, CFR’s Elizabeth C. Economy says Washington must address the trust deficit with Beijing as the top policy priority.

Woyome Released On Bail

Alfred Agbesi Woyome, the businessman at the centre of the GH¢51.2 million judgement debt saga, has been released on bail, following his ability to meet reviewed bail conditions set out by the Financial Division of the Fast Track High Court. The bail was reviewed from GH¢54 million with …

Australia to assess development pressure on Barrier Reef

SYDNEY (Reuters) – Australia will carry out a comprehensive assessment of development pressure on the Great Barrier Reef to help preserve the world’s largest coral reef system, ministers said Saturday.

Brookings: Election Doesn’t Mean Wasted Fiscal Year

Election year doesn’t have to be a wasted year on the fiscal front, say Pete V. Domenici, Co-Chair of the Bipartisan Policy Center’s Debt Reduction Task Force and Alice M. Rivlin, Senior Fellow for Economic Studies at the Brookings Institution, emphasizing the need to slow …

U.S. Deficits and the National Debt

The Obama administration’s 2013 budget plan has revived debate over the sustainability of U.S. spending. This Backgrounder outlines the competing policy paths on fiscal reforms and the global consequences for failing to bring down U.S. debt.

Asylum seekers get STG1m payout in UK

The UK government has paid out STG2 million over the dention of 40 child asylum seekers, some of whom were survivors of torture in their home countries.

India's Kingfisher Airlines Seeks To Borrow $40 Million To Avert Cash Crunch – Source

Loss-making Kingfisher Airlines Ltd. (532747.BY) has made a fresh appeal to its lenders for additional loans of 2 billion Indian rupees ($40.59 million), less than a…

Spanish, Italian Bonds Rise on Greece Deal Optimism; Bunds Drop

Spanish and Italian bonds rose for a second day amid speculation European officials are closing in on an agreement to grant a second bailout to Greece, fueling optimism the region’s debt

Green Blog: In Marine Wildlife Preserves, a Balancing Act

Bangladesh is creating two dolphin preserves, in a country where officials say wildlife conservation will have to be balanced with the demands of a growing human population.

Forecast and Ramifications of Payers in the HIE Market: Part One

The numerous changes in the healthcare sector are forcing stakeholders to develop new business models to prosper, to survive. Among health insurers, this means one thing: diversification. Health reform was the nail in the coffin of yesterday’s business model, a model that…

Australia Leadership Speculation Intensifies on Gillard Woes

Australian Prime Minister Julia Gillard faces rising speculation the predecessor she ousted will bid for a comeback, as her party trails in polls after pushing through unpopular climate-change and mining-tax measures.

India Ink: Image of the Day: February 16

Indian fishermen released by Pakistan cross over from the India-Pakistan Wagah Border Post.

Germany Sees Deal on Greek Aid, Aims to Avoid Bond-Swap Delay

Germany expressed confidence that euro-area governments will agree on a 130 billion-euro ($171 billion) rescue for Greece within days, while seeking to keep a bond swap of the nation’s debt on track.

International Economy: Can Tax Reform Save the U.S. Economy?

This report by International Economy presents views of several influential economic thinkers on whether enactment of tax reform should be a top priority.

Panama grants asylum to Ecuador newspaper publisher

QUITO (AFP) – Panama on Thursday granted asylum to Ecuadoran newspaper publisher Carlos Eduardo Perez Barriga, one of three executives facing prison after losing a libel suit seen as a key test of press freedoms in Ecuador.

Aust terror accused jailed in Lebanon

An Australian man has had his passport cancelled after a request from ASIO, which says it has concerns about his extremists links.

Hong Kong’s Tang Refuses Calls to Quit Chief Executive Race

Henry Tang, a leading candidate to be Hong Kong’s next chief executive, refused calls to withdraw from the race amid growing criticism over an illegal basement built at a property owned by his

Hong Kong’s Tang Apologizes for Illegal Basement, May Lose Votes

Henry Tang, a former Hong Kong top bureaucrat, apologized for an illegal basement built at his wife’s property, and said he won’t pull out of a race to become the city’s next leader.

France, Britain to build air combat drones

David Cameron and Nicolas Sarkozy will announce the project during a summit meeting on February 17.

The Lede Blog: On Twitter, an Outpouring of Respect for Shadid

As news spread of the death of Times reporter Anthony Shadid, Mr. Shadid’s fellow journalists took to Twitter to express their admiration.

Asian Stocks, Metals Advance on Greece Optimism, US Economy – BusinessWeek

CBC.ca Asian Stocks, Metals Advance on Greece Optimism, US Economy BusinessWeek 17 (Bloomberg) — Asian stocks climbed, with the regional benchmark index equaling its longest ever run of weekly gains, …

Bank Credit Swaps Fall as US Economy Shows Improvement Signs – BusinessWeek

New York Times Bank Credit Swaps Fall as US Economy Shows Improvement Signs BusinessWeek The bank swaps declined along with a benchmark gauge of US company credit risk, which fell after touching the highest level in two weeks as data on jobless claims and …

Sempra Energy Buys 300 Megawatts of California Solar, Wind Power

Sempra Energy (SRE)’s San Diego Gas & Electric Co., California’s third biggest utility, agreed to buy 300 megawatts of wind and solar power from projects under development by Spain’s Iberdrola SA (IBE) and 8minutenergy Renewables LLC. SDG&E signed a…

Campaign 2012: The Candidates on Afghanistan

As the decade-long war in Afghanistan finally winds down, presidential candidates continue to differ on timetables for U.S. troop withdrawal from the country.

Spain admits doping issue after Contador ban

Spain’s sports minister has acknowledged that the country has a problem with doping that needs fixing, after its record in the fight against drugs came under further scrutiny following Alberto Contador’s ban from cycling.

Epic Poem Marks Kim’s Birth as N. Korea Buffs Family Legacy

North Korea today commemorates the birthday of late dictator Kim Jong Il, capping off weeks of celebration that included carving his name into the side of a mountain, as it tries to burnish the legacy of the Kim dynasty.

Senior Sun editor attacks hacking probe

An editor at The Sun has fired off an 800-word broadside at the British police phone hacking investigation after the arrest of journalists at the paper.

'Serbia may look to Russia if EU turns its back'

(BELGRADE ) – Serbia may turn towards Russia if the EU refuses to grant it candidate status, and possibly allow Russian bases on its soil, the country’s deputy prime minister warned.

Russia Open to UN Role to Halt Syria Violence, Lavrov Says

The United Nations can play a role in bringing the Syrian conflict to a halt as long as outside intervention isn’t imposed and opposition fighters also agree to

Seeking Kremlin return, Putin pledges spending

MOSCOW (Reuters) – Russian Prime Minister Vladimir Putin set out plans to increase spending on healthcare, education and social services on Monday, trying to woo protesting middle-class voters before a presidential election he is expected to win. Putin acknowledged …

Is Vita losing developer support already? Sony responds

An anonymous quote from Japan’s Nikkei newspaper paints a bleak picture for the future of the PlayStation Vita, but Scott Rohde, Sony’s senior vice president of Worldwide Studios, rebuts. The PlayStation Vita has failed to catch …

TC Media buys print and Internet publishing assets of Quebec weekly newspaper

By The Canadian Press MONTREAL – Transcontinental’s TC Media division (TSX:TCL-A.TO – News) said Wednesday that it has acquired the print and Internet publishing assets of weekly newspaper Courrier Frontenac, based …

The 6th Floor Blog: Fighting Their Way to the Olympics

Days 1 and 2 of this week’s Olympic Team Trials for Women’s Boxers are done, and all three subjects who appeared in the magazine’s recent portfolio “Bout Time” still have a shot

Food packaging giant’s UK-based arm faces disruption over strikes

More than 100 protestors joined the picket line for the first strike with further strikes to come, according to a UK newspaper. MMP are looking to make 49 redundancies by March.

Thailand Says Iranian Injures Four in Bangkok Grenade Attack

Thailand’s government said an Iranian was critically injured by a grenade as he and two other men bid to escape arrest following an explosion at their rented Bangkok home.

Peru Signs Contracts For Newmont Mine Review – Reports

Peru’s government has signed a contract with two Spanish engineers to review the environmental permit of Newmont Mining Corp.’s (NEM) $4.8 billion Minas Conga copper and gold project, local media reported Tuesday.

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