International

Koenigsegg to buy Saab, returning carmaker to Sweden
17/06/2009 05:00
Koenigsegg Automotive AB, a maker of US$1.2 million high-performance sports cars, won the bidding for General Motors Corp.âs Saab Automobile AB unit, returning the automaker to Swedish control after almost...
Wall Street differs on Obama’s financial regulatory reform plan
17/06/2009 05:00
As the Obama Administration released its proposal to make the most sweeping changes in bank regulation in 75 years, Wall Street differed on the effect of the overhaul plan. “We applaud the Obama Administration’s proposal to overhaul the...
Scheffer: NATO to send up to 10,000 troops in Afghanistan ahead of election
17/06/2009 05:00
The visiting NATO’s Secretary General Jaap de Hope Scheffer on Wednesday announced sending additional troops to Afghanistan ahead of the second presidential election after the fall of Taliban regime set for August 20 this year. Afghan President...
GM to sell Saab to Koenigsegg
16/06/2009 05:00
U.S. automaker General Motors Corp.(GM) agreed Tuesday to sell Saab automobile, its struggling Swedish unit known for its family cars, to a consortium led by Swedish Koenigsegg Automotive AB, a tiny luxury carmaker, reports reaching here said....
Four new deaths bring the total of Canada’s A/H1N1 flu victims to 11
16/06/2009 05:00
Canada on Tuesday reported four new deaths from the A/H1N1 flu, bringing the total to 11. Health officials in Manitoba and Quebec are reporting a total of four deaths from the swine flu, with two in each province. Joel Kettner, Manitoba’s medical...
KCNA releases details of American journalists’ case
16/06/2009 05:00
The official KCNA news agency of the Democratic People’s Republic of Korea (DPRK) released a dispatch on Tuesday on the case of two female American journalists who were sentenced to 12 years of hard labor by the supreme court early this month....
Obama reiterates U.S. commitment to South Korea’s security
16/06/2009 05:00
U.S. President Barack Obama met with his South Korean counterpart Lee Myung-bak here on Tuesday, reiterating American commitment to the defense of South Korea, one of the closest allies of the United States. U.S. President Barack Obama (R) and...