• AIG to cut debt to Federal Reserve by $25 billion

    AIG to cut debt to Federal Reserve by $25 billion

    25/06/2009 05:00

    A sign for American Life Insurance Co. (Alico) hangs outside the AIG building in Tokyo. American International Group Inc. paved the way for two units to sell stock by agreeing to give preferred shares to the...

  • Mexico reports three more deaths of A/H1N1 flu

    Mexico reports three more deaths of A/H1N1 flu

    25/06/2009 05:00

    Mexico’s Health Ministry on Thursday reported three new deaths from the new strain of A/H1N1 flu in a statement that also raised the total of those infected to 9,028, up 749 cases since the last report. A teacher hands out disinfectant as...

  • Germany’s Dresden deleted from UNESCO’s World Heritage List

    Germany’s Dresden deleted from UNESCO’s World Heritage List

    25/06/2009 05:00

    With four year’s warning unheeded, Germany’s heritage site in Dresden was deleted on Thursday from UNESCO’s (Unite Nations Educational, Scientific and Cultural Organization’s) World Heritage List. U.S. President Barack Obama and German Chancellor...

  • Profile: "King of Pop" Michael Jackson

    Profile: "King of Pop" Michael Jackson

    25/06/2009 05:00

    Michael Jackson, one of the most legendary and popular music icons on Earth, died from a heart attack at his rented mansion in LA Thursday afternoon, sending shockwaves throughout the world. U.S. pop star Michael Jackson performs “We are the...

  • U.S. Fed holds key interest rate steady

    U.S. Fed holds key interest rate steady

    24/06/2009 05:00

    The U.S. Federal Reserve on Wednesday kept a key interest rate unchanged at a record low of between zero to 0.25 percent to support the world’s largest economy which has been in a recession since December 2007. A man walks in front of the U.S....

  • Fifty-five killed in Baghdad pet market explosion

    Fifty-five killed in Baghdad pet market explosion

    24/06/2009 05:00

    Fifty-five people were killed and at least 160 others injured in a motor-cycle bomb explosion Wednesday in Baghdad, a local police source said. An Iraqi soldier stands guard in the Shiite enclave of Sadr City in Baghdad, Iraq, Wednesday, June....

  • UN opens high-level meeting on global financial crisis

    UN opens high-level meeting on global financial crisis

    24/06/2009 05:00

    The United Nations Wednesday kicked off a high-level meeting to discuss the current global financial and economic crisis and its impact on development. UN Secretary-General Ban Ki- moon delivers remarks during the United Nations Conference on the...

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