International

UK banks get lawyers for free as job cuts increase
19/05/2009 05:00
Customers enter a branch of Barclays Bank, the UKâs third-largest bank, in central London. UK banks are increasingly asking law firms to lend them lawyers for free. UK banks such as Royal Bank of Scotland...
S Korea stands at 27th in global competitiveness
19/05/2009 05:00
South Korea climbed four steps in the global competitiveness ranking for this year mainly due to an increase in corporate efficiency, an international report showed Wednesday. Seoul, South Korea According to the International Institute for...
Pandemic alert level remains at phase 5, says WHO chief
19/05/2009 05:00
The World Health Organization (WHO)’s pandemic alert level remains at phase 5, despite the quick increase of new A/H1N1 infections in Japan, the chief of the UN agency said on Tuesday. World Health Organization (WHO) Director-General Margaret...
Indonesian plane crash death toll reaches 98
19/05/2009 05:00
The number of fatality in the Indonesia’s military plane crash on Wednesday reached to 98, with 15 others survived and scores others are still missing, Air Force spokesman Bambang Sulistio said here Wednesday. A video frame grab shows residents...
Geithner says U.S. economy stabilizing despite some difficulties
18/05/2009 05:00
U.S. Treasury Secretary Timothy Geithner said on Monday that the American economy is stabilizing despite some difficulties ahead. U.S. Treasury Secretary Timothy Geithner speaks during a luncheon hosted by Newsweek magazine. (Xinhua/Reuters Photo)...
Obama reiterates two-state solution to Middle East conflict
18/05/2009 05:00
U.S. President Barack Obama met with Israeli Prime Minister Benjamin Netanyahu at the White House on Monday, reiterating that the United States is committed to a two-state solution to the Israeli-Palestinian conflict. U.S. President Barack Obama...
U.S. stocks surge on housing data, banks
18/05/2009 05:00
Wall Street staged a strong rally on Monday with all major indexes gaining around three percent on upbeat news from housing industry and banks. The National Association of Home Builders/Wells Fargo housing market index rose two points to 16 in...