FE Today Logo

Search results for:


Greek finmin meets banking chiefs

2011-11-11 00:00:00

ATHENS, Oct 6 (AFP): Greek Finance Minister Evangelos Venizelos met top bankers after German Chancellor Angela Merkel suggested a possible revision of the July 21 eurozone rescue plan for Greece, a source at his ministry said Thursday. Venizelos met with...

Asia-Pacific talks to seek unity on euro crisis

2011-11-11 00:00:00

HONOLULU, Nov 10 (Reuters): Asia-Pacific finance ministers, increasingly alarmed by Europe's failure to stem its debt crisis, will seek to forge a united front Thursday and call for more decisive action as they shore up their own economies against the...

Souring bank loans, car sales fuel India's economic gloom

2011-11-11 00:00:00

MUMBAI, Nov 10 (Reuters): India's economic gloom deepened Wednesday as worsening loan quality at State Bank of India (SBI) rattled investors, Moody's downgraded its outlook for banks, and October car sales skidded 24 per cent, their worst drop in over...

Philippine exports plunge, underscoring growth worries

2011-11-11 00:00:00

MANILA, Nov 10 (Reuters): Philippine exports contracted sharply in September as global demand weakened across the board, and the electronics industry said prospects for the country's main shipment remained bleak due to world economic turmoil. Exports fell 27.4 per cent...

NZ mfg sees surprise contraction in Oct

2011-11-11 00:00:00

WELLINGTON, Nov 10 (Xinhua): Manufacturing activity in New Zealand declined sharply last month after six straight months of growth, according to the latest BNZ-Business New Zealand Performance of Manufacturing Index (PMI). The PMI figure for October was 46.5, down from...

Italy's cost of borrowing touches new record amid investors' fears

2011-11-11 00:00:00

MILAN, Nov 10 (Xinhua): Italy's borrwing cost soared to breaking point Wednesday, after Prime Minister Silvio Berlusconi announced last Tuesday that he would resign after reforms aimed at calming the eurozone turmoil was adopted. In a clear sign of the...

Thai consumer confidence at 10-year low, floods hit more firms

2011-11-11 00:00:00

BANGKOK, Nov 10 (Reuters): Thai consumer confidence fell to a 10-year low in October because of flooding that has taken 533 lives and shut thousands of factories, with another industrial estate threatened Thursday as water spread in the east of...

India, Indonesia negotiate rice trade deals

2011-11-11 00:00:00

NEW DELHIJAKARTA, Nov 10 (Reuters): Indonesia, the world's third-biggest rice consumer, has asked India for supplies of the staple food grain after floods hit top rice exporter Thailand, potentially disrupting shipments. India, the world's second-biggest producer and consumer of rice,...

WEF summit kicks off in Mumbai tomorrow

2011-11-11 00:00:00

MUMBAI, Nov 10 (Business Standard): The World Economic Forum (WEF) Thursday said its annual India Economic Summit will be held here over the week-end, the first time that the IES meet is travelling out of New Delhi in its two-decade...

EADS delays A350 but avoids heat of crisis

2011-11-11 00:00:00

PARIS, Nov 10 (Reuters): Airbus parent EADS pushed back its new A350 jetliner by six months with a charge of 200 million euros ($272 million) as it gave itself more room to deliver Europe's answer to the carbon-composite Boeing 787...

IUBAT, USIM sign MoU to extend cooperation

2011-11-11 00:00:00

A Memorandum of Understanding (MoU) has been signed between Universiti Sains Islam Malaysia (USIM) of Malaysia and the International University of Business Agriculture and Technology (IUBAT) of Bangladesh to extend cooperation on all academic and institutional matters, reports UNB. Prof...

Greek finmin meets banking chiefs

2011-11-11 00:00:00

ATHENS, Oct 6 (AFP): Greek Finance Minister Evangelos Venizelos met top bankers after German Chancellor Angela Merkel suggested a possible revision of the July 21 eurozone rescue plan for Greece, a source at his ministry said Thursday. Venizelos met with...

IMF seeks clarity in Italy, China wants stability

2011-11-11 00:00:00

BEIJING, Nov 10 (Reuters) : The head of the International Monetary Fund urged Italy Thursday to act quickly fill its damaging political vacuum, and China said it was willing to help maintain global financial stability that was being threatened by...

Pakistan assures India on new trade status

2011-11-11 00:00:00

NEW DELHI, Nov 10 (AFP): Pakistan Wednesday assured India it will not backtrack on its decision to grant the most favoured nation (MFN) status to its South Asian arch-rival, a report said. "Let me categorically say that I don't see...

China's exports, imports fall in Oct

2011-11-11 00:00:00

BEIJING, Nov 10 (AFP): The value of China's exports and imports fell in October from the previous month, official data showed today, as domestic tightening measures and turbulence in Europe and the United States hit demand. The data is likely...

iPhone 4S fever hits Hong Kong

2011-11-11 00:00:00

HONG KONG, Nov 10 (AFP): Hong Kong was gripped by iPhone 4S fever today as more than 1,500 fans and resellers queued outside the Apple store ahead of the release of the smartphone in the southern Chinese city. The crowd-including...

Global slowdown, high prices squeeze oil demand: IEA

2011-11-11 00:00:00

LONDON, Nov 10 (Reuters): World oil demand will be lower than expected this year and next as economic slowdown and high prices curb consumption, the International Energy Agency (IEA) said Thursday. The agency, which advises industrialised countries on energy policy,...

US lawmakers eye oil spill payment from neighbours

2011-11-11 00:00:00

WASHINGTON, Nov 10 (AFP): Two US senators introduced a bill Wednesday seeking to guarantee compensation for any oil spill originating in waters outside the United States, as Cuba aims to strike black gold off its north coast. In theory, the...

Crude down in Asia

2011-11-11 00:00:00

SINGAPORE, Nov 10 (AFP): Oil prices inched lower in Asian trade today as persistent doubts over the eurozone's debt crisis cast a pall over crude markets, analysts said. New York's main contract, light sweet crude for December delivery, fell five...

Australian tourism 'in crisis'

2011-11-11 00:00:00

SYDNEY, Nov 10 (AFP): Australia's ailing tourism industry today warned it was in crisis, with a 9.0 per cent slump in arrivals in September due to global economic woes and no relief in sight. There were just 432,200 international visitors...

Renewable energy makes up 8pc of US energy consumption in '10

2011-11-11 00:00:00

HOUSTON, Nov. 10 (Xinhua): Consumption of renewable energy has seen a considerable rise in the US in the past decade, and represented about 8 percent of total energy consumption in the country in 2010, according to a report released Wednesday....

IUBAT, USIM sign MoU to extend cooperation

2011-11-11 00:00:00

A Memorandum of Understanding (MoU) has been signed between Universiti Sains Islam Malaysia (USIM) of Malaysia and the International University of Business Agriculture and Technology (IUBAT) of Bangladesh to extend cooperation on all academic and institutional matters, reports UNB. Prof...

Greek finmin meets banking chiefs

2011-11-11 00:00:00

ATHENS, Oct 6 (AFP): Greek Finance Minister Evangelos Venizelos met top bankers after German Chancellor Angela Merkel suggested a possible revision of the July 21 eurozone rescue plan for Greece, a source at his ministry said Thursday. Venizelos met with...

India, Pakistan PMs vow 'new chapter' at future talks

2011-11-11 00:00:00

ADDU, Nov 10 (AFP): The prime ministers of India and Pakistan said Thursday they expected to open a "new chapter" at future talks between the rival nations after they met at a regional summit in the Maldives. India's Manmohan Singh...

China coal mine blast kills 20, 23 trapped

2011-11-11 00:00:00

BEIJING, Nov 10 (AFP): At least 20 workers were killed and another 23 were trapped underground after a blast at a mine in China today, state media said, in the latest disaster to hit the country's vast mining industry. The...

Iran leader warns US, Israel against strike

2011-11-11 00:00:00

TEHRAN, Nov 10 (AFP): Iran "will respond with full force" to any attack -- or even any threat of military action -- the country's supreme leader said Thursday, after Israel warned the world must act to prevent Tehran getting nuclear...

ANC suspends youth leader Malema for 5yrs

2011-11-11 00:00:00

JOHANNESBURG, Nov 10 (AFP): South Africa's ruling African National Congress Thursday suspended firebrand youth leader Julius Malema for five years, after finding him guilty of provoking serious divisions within the party. Malema's conduct "would have a negative impact on international...

`111111` first priority for some ROK mums

2011-11-11 00:00:00

SEOUL, Nov 10 (Reuters): Expecting mothers in South Korea have inundated hospitals with requests for a Caesarean section delivery on November 11 to secure the unique life-long identity number of "111111" for their children, media reported Wednesday. The Korean Resident...

Syrian forces kill 16 more civilians

2011-11-11 00:00:00

DAMASCUS, Nov 10 (AFP): Syrian troops killed 16 civilians Wednesday, five of whom were attending a funeral in Damascus and were caught up in the regime's continuing crackdown on dissent, a human rights group said. Starting at dawn, when the...

Turkey quake kills 5, traps scores

2011-11-11 00:00:00

VAN (Turkey), Nov 10 (Reuters): An earthquake in eastern Turkey killed at least five people and scores more were trapped under the rubble of two hotels and a dozen other buildings, state television said Thursday, less than three weeks after...