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 …
(Reuters) – General Mills Inc cut its 2012 outlook on Friday, citing weak sales volume, and its shares fell more than 4 percent.
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 …
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.
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 …
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.
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…
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.
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…
This report by International Economy presents views of several influential economic thinkers on whether enactment of tax reform should be a top priority.
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.
An Australian man has had his passport cancelled after a request from ASIO, which says it has concerns about his extremists links.
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
David Cameron and Nicolas Sarkozy will announce the project during a summit meeting on February 17.
As news spread of the death of Times reporter Anthony Shadid, Mr. Shadid’s fellow journalists took to Twitter to express their admiration.
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 (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…
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.
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.
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.
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 …
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 …
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 …
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
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’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.
Dominates South Korean market
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.
