• Dubai house prices plunge into uncharted territory

    Dubai house prices plunge into uncharted territory

    16/08/2009 05:00

    A general view shows luxury buildings in the Gulf emirate of Dubai last Friday. Just one year ago, property prices in Dubai were surging to record peaks undeterred by a real estate slump in major markets, but...

  • China negotiates 35% iron ore fines price cut with FMG

    China negotiates 35% iron ore fines price cut with FMG

    16/08/2009 05:00

    The China Iron and Steel Association (CISA) has reached an agreement with Anglo-Australian Fortescue Metals Group Ltd. (FMG) on a 35.02-percent price cut for iron ore fines, said an association official Monday. CISA secretary-general Shan Shanghua...

  • Facebook to compete with Google?

    Facebook to compete with Google?

    16/08/2009 05:00

    The most used social network by worldwide monthly active users Facebook.com may become the next super computer operating system for communications. Facebook is making strategic moves to evolve itself into something greater. Last week, it has...

  • Study: Gene predicts response to standard treatment

    Study: Gene predicts response to standard treatment

    16/08/2009 05:00

    A tiny variation in a person’s genetic code could explain why some racial and ethnic groups fare more poorly on standard treatments than others, according to news reports on Monday. The gene variant is more common in people with European ancestry...

  • Malaysia can increase fiscal stimulus, IMF says

    15/08/2009 05:00

    Malaysia has “limited room” for additional fiscal stimulus should the country’s economic condition deteriorate, the International Monetary Fund (IMF) said. Any decision on boosting spending should be made in the medium term because the...

  • China to boost cooperation with ASEAN on investments

    China to boost cooperation with ASEAN on investments

    15/08/2009 05:00

    A woman walks past a line of trucks waiting to be exported into Vietnam at a China-ASEAN free trade zone logistics center in Guangxi Province, China, China wants to boost cooperation with members of the...

  • 7 hurt, buildings collapse in strong quake in Indonesia

    7 hurt, buildings collapse in strong quake in Indonesia

    15/08/2009 05:00

    An earthquake with a magnitude of 6.9 struck West Sumatra of Sumatra Island in Indonesia on Sunday, injuring seven people and destroying scores of buildings. An earthquake with a magnitude of 6.9 struck West Sumatra of Sumatra Island in Indonesia...

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