• Chinese shares hit 13-month high, boosted by financial, real estate, steel shares

    Chinese shares hit 13-month high, boosted by financial, real estate, steel shares

    14/07/2009 05:00

    Chinese equities gained 2.1 percent to hit a 13-month high Tuesday after three days of losses, boosted by financial, real estate and steel shares. This multiple exposure picture shows an investor at a stock brokerage in Haikou, capital of south...

  • NAM ministerial meeting concludes after approving draft documents

    NAM ministerial meeting concludes after approving draft documents

    14/07/2009 05:00

    Over 100 foreign ministers or their representatives of the 15th Non-Aligned Movement (NAM) summit closed their two-day meeting here on Tuesday after adopting various draft documents. Egyptian Foreign Minister Ahmed Aboul Gheit said at a press...

  • Credit swaps investigated by US Justice Department

    14/07/2009 05:00

    The US Justice Department is investigating the market for credit-default swaps, according to Markit Group Ltd., the data provider majority-owned by Wall Street’s largest banks. “Markit has been informed of an investigation by the Department...

  • Facebook gets $6.5 billion valuation with share sale

    Facebook gets $6.5 billion valuation with share sale

    14/07/2009 05:00

    The Facebook homepage is displayed on a computer monitor Facebook netted a US$6.5 billion valuation for its common shares on Monday, further underscoring the fast-growing Internet social networking site’s high...

  • Strong growth suggests Singapore emerging from recession

    Strong growth suggests Singapore emerging from recession

    14/07/2009 05:00

    An elevated view shows the construction taking place at Marina Bay Sands Integrated Resort in Singapore. Singapore said Tuesday its economy grew for the first time in a year in the second quarter, suggesting...

  • OPEC forecasts world oil demand would rise next year

    OPEC forecasts world oil demand would rise next year

    14/07/2009 05:00

    The Organization of the Petroleum Exporting Countries (OPEC) forecasted that the world oil demand this year would be lower again, but it would grow in next year. According to the OPEC latest monthly oil market report released on Tuesday, the...

  • British girl’s damaged heart heals itself years after surgery

    British girl’s damaged heart heals itself years after surgery

    14/07/2009 05:00

    For Hannah Clark, a teenager from Cardiff Wales who survived with two hearts for more than a decade after doctors implanted a donor heart onto her own faulty heart in 1995, living with her own heart seemed all but impossible. But, she is now living a healthy and...

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