International

China’s forex reserves rise to record $2.13 trillion
14/07/2009 05:00
China’s foreign exchange reserves hit a new high of 2.13 trillion U.S. dollars at the end of June, adding to the belief that the world’s third largest economy is on track for recovery, but also raising concerns about the influx of speculative capital betting on...
U.S. federal deficit tops $1 trillion
13/07/2009 05:00
The U.S. federal deficit has topped one trillion dollars for the first time ever, according to Treasury Department statistics released on Monday. The Department reported that the U.S. federal government spent 94.3 billion dollars more than it...
Myanmar voices commitment to continue cooperation with UN
13/07/2009 05:00
Myanmar on Monday voiced its commitment to continue cooperation with the United Nations, but warns against any UN Security Council action on the Asian nation. An open Security Council meeting on Myanmar is held at the UN headquarters in New York,...
Economic crisis far from over, WTO chief says
13/07/2009 05:00
World Trade Organization (WTO) Director-General Pascal Lamy speaks at the WTO headquarters in Geneva July 6, 2009. The global economic downturn is far from over, and few countries have dismantled the dangerous...
Kirin surges on report brewer may merge with Suntory
13/07/2009 05:00
A woman walks past a signboard of Kirin Brewery Co. at its headquarters in Tokyo November 29, 2008. Kirin Holdings Co. rose the most in eight months in Tokyo trading after the Nikkei newspaper reported Japanâs...
US lender says its failure risks demise of customers
13/07/2009 05:00
Pedestrians walk outside CIT headquarters in New York, US, on July 10, 2009. CIT Group Inc., the century-old US lender that hasnât been able to persuade the government to back its debt sales, says its demise...
Budget cuts threaten diaspora archive
13/07/2009 05:00
Joseph Cao, America ’s first Vietnamese-American member of Congress. At the University of California in Irvine, an extensive collection preserves the stories of Indochinese immigrants to the US. Researchers worry that budget cuts...