International

Fed economist voices policymakersâ deflation concerns
04/07/2009 05:00
The US Federal Reserve is more concerned about deflation than inflation, Wendy Edelberg, a Fed economist, said yesterday at a conference in Beijing. She added that this was her own opinion. The Fed is âvery worried about real interest rates...
U.S. Alaska governor Palin to resign
03/07/2009 05:00
Sarah Palin, governor of the U.S. state of Alaska and also Republican vice presidential candidate for the 2008 elections, announced on Friday that she will resign from her post later this month and will not run for re-election as governor. Former...
HSBCâs Swiss private bank asked clients to surrender secrecy
03/07/2009 05:00
HSBC Holdings Plcâs Swiss private bank last September asked clients and independent money managers to surrender their right to banking secrecy protection in order to keep securities invested in 28 countries....
Banks must bear Lehman minibond losses, Hong Kong investors say
03/07/2009 05:00
Protestors bang on drums, gongs and metal plates at a demonstration in front of the Bank of China building in Hong Kong, China, in June. Hong Kong investors in notes linked to failed Lehman Brothers Holdings...
Palin to resign as Alaska governor in surprise move
03/07/2009 05:00
U.S. Republican vice- presidential nominee Alaska Gov. Sarah Palin waves to the crowd after U.S. Republican presidential nominee Senator John McCain delivered his concession speech in Phoenix, November 4, 2008....
Rainstorms wreak havoc in south China; Beijing issues hot weather alert
03/07/2009 05:00
Rainstorms since early the week have swept a wide swathe of south China, leaving dozens people dead or missing and forcing hundreds of thousands to evacuate. Flood submerges houses at the Xinyuan village in Ruijin, a city of east China’s Jiangxi...
China’s Central Bank Governor gives six scenarios to redress global imbalances
03/07/2009 05:00
China’s Central Bank Governor Zhou Xiaochuan Friday outlined six possible scenarios of adjustments for global economy to achieve balance. Zhou Xiaochuan, governor of the People’s Bank of China (PBOC), delivers a speech in Beijing, capital of China,...