• GM emerges from bankruptcy protection

    GM emerges from bankruptcy protection

    10/07/2009 05:00

    General Motors, the biggest U.S. automaker, has exited bankruptcy protection with reduced debts of 48 billion U.S. dollars in 41 days, far quicker than expected. The file photo taken on May 30, 2009 shows the exterior of a General Motors (GM)...

  • U.S. President Obama on historic visit in Ghana

    U.S. President Obama on historic visit in Ghana

    10/07/2009 05:00

    U. S. President Barack Obama has been in Ghana for a historical two-day visit and he was given more than a hero’s welcome on arriving in the west African nation late on Friday evening. U.S. President Barack Obama, his wife Michelle Obama and...

  • G8 summit pledges $20 bln to fight hunger

    G8 summit pledges $20 bln to fight hunger

    10/07/2009 05:00

    Leaders at the Group of Eight (G8) summit pledged 20 billion U.S. dollars Friday to help poor countries increase their agriculture output in order to fight hunger. Leaders or representatives from the G8 industrialized countries, other invited...

  • U.S. calls for amnesty for American journalists jailed in DPRK

    U.S. calls for amnesty for American journalists jailed in DPRK

    10/07/2009 05:00

    The Obama administration on Friday called on DPRK to grant amnesty to two female American journalists who were sentenced to 12 years in prison for “hostile actions” against the country. File photo shows the two U.S. women reporters held by...

  • Dollar falls on better-than-expected job report

    Dollar falls on better-than-expected job report

    09/07/2009 05:00

    The dollar pulled back against most major currencies on Thursday as a better-than-expected U.S. job report boosted risk appetite. Initial claims for jobless benefits fell much more than expected by 52,000 last week, settling at 565,000, the U.S....

  • World leaders agree to reform IFIs, boost development

    World leaders agree to reform IFIs, boost development

    09/07/2009 05:00

    Leaders of the Group of Eight (G8) industrialized countries and five major developing countries agreed here on Thursday to reform financial institutions, boost development and conclude the Doha Round trade talks. Germany’s Chancellor Angela...

  • Ponzi scheme mastermind Madoff won’t appeal 150-year prison sentence

    Ponzi scheme mastermind Madoff won’t appeal 150-year prison sentence

    09/07/2009 05:00

    Arch swindler Bernard Madoff won’t appeal his 150-year prison sentence, his attorney said on Thursday. Accused swindler Bernard Madoff exits the Manhattan federal court house in New York , in this Jan. 14, 2009 file photo. Madoff took the first...

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