MANILA, Feb 11 (AFP): The Philippines posted a better than expected 9.4 billion peso (229.26 million dollars) budget deficit in 2007, the lowest in 10 years, the government said today, but warned of tougher times ahead. The figure is equivalent...
JOHANNESBURG, Feb 11 (AFP): South African President Thabo Mbeki acknowledged yesterday the continent's biggest economy could be headed for a slowdown but denied that a recession was on the cards. "We might have a slowdown but that's not a recession,"...
KATHMANDU, Feb 11 (Xinhua): Nepal's readymade garment export plummeted by nearly 50 per cent in the year 2007 as compared with the year 2006, the Nepali national news agency RSS reported today. The report said exportation was severely affected by...
SINGAPORE, Feb 11 (AFP): World oil prices continued higher in Asian trade today while supply worries outweighed concerns about the health of the United States economy, analysts said. In afternoon trade, New York's main oil futures contract, light sweet crude...
CARACAS, Feb 11 (Reuters): President Hugo Chavez yesterday threatened to stop sending oil to the United States unless it halted an "economic war" that he said included an Exxon Mobil lawsuit freezing $12 billion in Venezuelan assets. The anti-American leader...
MANAMA, Feb 11 (AFP): Around 1,300 migrant workers helping to build a luxury coastal development in Bahrain have gone on strike to demand higher wages, a company official said yesterday. The workers are employed by the contracting firm GP Zachariades...
SINGAPORE, Feb 11 (AFP): The dollar was lower against the yen in Asia today during thin post-holiday trading, dealers said. In afternoon trade the greenback was at 107.06 yen, down from 107.41 earlier and 107.32 in New York late Friday....
BERLIN, Feb 11 (AFP): India's top car maker Tata Motors will create a European version of the world's cheapest car within the next four years, a company executive said in an interview to be published today. "In four years, we're...
AUGUSTA, Maine, Feb 11 (AP): Barack Obama defeated Hillary Rodham Clinton in Maine presidential caucuses Sunday, grabbing a majority of delegates as the state's Democrats overlooked the snowy weather and turned out in heavy numbers for municipal gatherings. Democrats in...
ISLAMABAD, Feb 11 (AFP): Benazir Bhutto's husband will campaign in Pakistan's political heartland this week after a poll showed the slain opposition leader's party is the country's most popular, an aide said Monday. Asif Ali Zardari will lead a rally...
PARIS, Feb 11 (AFP): Researchers said Sunday they had identified a mechanism that enables ovarian cancer-dubbed a 'silent killer' of women for the many lives it reaps-to evade frontline chemotherapy drugs and rebound. Ovarian tumours among women who have a...
FORWARD OPERATING BASE FALCON, Iraq, Feb 11 (AP): Defence Secretary Robert Gates Monday endorsed, for the first time, the idea of pausing the draw-down of United States (US) forces from Iraq this summer. "A brief period of consolidation and evaluation...
TEHRAN, Feb 11 (Reuters): Iran will not back down 'one Iota' in its nuclear dispute with Western powers, President Mahmoud Ahmadinejad told a huge rally marking the anniversary of the 1979 Islamic revolution Monday. The West fears Tehran is covertly...
HOUSTON, Feb 11 (AP): Space shuttle Atlantis' astronauts geared up for a spacewalk Monday that NASA said would remain unchanged despite a last-minute switch in crew for medical reasons. The only difference is who's going out the hatch," said flight...
COLOMBO, Feb 11 (Reuters): Two policemen were killed by a suspected Tamil Tiger roadside bomb in northern Sri Lanka Monday, while the death toll from weekend fighting rose to 75 rebels and seven soldiers, the military said. Fighting between the...
MOSCOW, Feb 11 (Reuters): Russia is expected Monday to write off its remaining debt from Iraq, estimated at around $10 billion, without resurrecting earlier demands of preferential access to Iraqi oil fields in exchange. A Russian Finance Ministry official told...
HOUSTON, Feb 11 (AP): Space shuttle Atlantis' astronauts geared up for a spacewalk Monday that NASA said would remain unchanged despite a last-minute switch in crew for medical reasons. The only difference is who's going out the hatch," said flight...
DILI, East Timor, Feb 11 (AP): Rebel soldiers shot and critically wounded East Timor's president and opened fire on the prime minister Monday in a failed coup attempt in the recently independent nation. A top rebel leader was killed during...
QUETTA, Pakistan, Feb 11 (AFP): Pakistani security forces captured and wounded top Afghan Taliban commander Mullah Mansoor Dadullah in southwestern Pakistan early Monday, a police chief said. Dadullah was seized near in the village of Gowal Ismail Zai in Pakistan's...
HONG KONG, Feb 10 (AFP): Asian currencies ended the week mixed against the dollar as worries about the US economy persisted and after finance chiefs from the Group of Seven (G7) major industrialised nations met in Japan. JAPANESE YEN: The...
KUALA LUMPUR, Feb 10 (AFP): It's Chinese New Year and Malaysia's capital is deserted once again as citizens enjoy one of the many holidays observed by a nation with an array of races and religions. But the nonstop stream of...
ISLAMABAD, Feb 10 (APP): The Federal Food Committee has categorically denied that any edible oil crisis was looming in the country, saying that there were sufficient stocks of the commodity. "The surge in the prices of edible oil does not...
HONG KONG, Feb 10 (AFP): Rising food prices have hit Asia's poor so hard that many have taken to the streets in protest, but experts see few signs of respite from the growing problem. An array of factors, from rising...
CAIRO, Feb 10 (Xinhua): Egypt, Syria and Saudi Arabia were planning to promote cooperation in the electricity and energy domains, the Egyptian MENA news agency reported yesterday. On the sidelines of the 23rd session of the Arab electricity ministers council's...
Fakhrul AlamCHITTAGONG, Feb 10: With handover of the task of operating Chittagong Container Terminal (CCT) of Chittagong Port (CP) to the private operator 'Saif Powertec Ltd', the staying period of vessels at the CP has been reduced to two days...
FE ReportEastland Insurance Company Ltd held a prize distribution programme at a convention centre in the city recently.Chairman of the company Mahbubur Rahman presided over the programme and distributed prizes among office executives and officers for their outstanding performance in...
Our CorrespondentRANGPUR, Feb 10 : Crisis of cash money is seriously hampering Boro paddy cultivation in the district this year as the farmers incurred huge losses in the last Aman season, sources said.According to local farmers and agriculturists, production cost...
FE ReportThe government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...
FE ReportThe annual conference-'08 of Bank Asia was held at a city hotel Friday.Chairman of the bank M Syeduzzaman inaugurated the conference, while vice chairmen A Rouf Chowdhury and Arifur Rahman Sinha, Director M Shamsul Alam and President and Managing...
The annual distributors' conference 2008 of Square Consumer Products Ltd, a component of Square Group of Companies, was held at Pabna Saturday, said a press release. Anjan Chowdhury, managing director of the company, inaugurated the conference.Over 160 distributors of the...
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