• Sri Lanka rebel leaders in last hold

    Sri Lanka rebel leaders in last hold

    15/05/2009 05:00

    The top leadership of the Liberation Tigers of Tamil Eelam (LTTE) are still hiding in the last hold of the rebels as troops keep inching towards them. This handout picture from the Sri Lankan Ministry of Defence on May 15 shows soldiers check...

  • SCO FMs meet on upcoming summit in Russia

    SCO FMs meet on upcoming summit in Russia

    15/05/2009 05:00

    Foreign ministers of the Shanghai Cooperation Organization (SCO) member states met here Friday to prepare for a SCO summit next month in Yekaterinburg. The foreign ministers of the Shanghai Cooperation Organization (SCO) meet in Moscow May 15,...

  • IMF proposes ‘naming and shaming’ on systemic risks

    IMF proposes ‘naming and shaming’ on systemic risks

    15/05/2009 05:00

    International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn addresses a news conference in Vienna May 15, 2009 The International Monetary Fund will identify and name countries that aren’t doing...

  • Indonesia GDP grows at fastest pace in Southeast Asia

    Indonesia GDP grows at fastest pace in Southeast Asia

    15/05/2009 05:00

    Shoppers look at a jewelry display inside a shopping mall in Jakarta. Indonesia’s economy grew at the fastest pace in Southeast Asia last quarter as buoyant local spending helped the nation fend off the...

  • Recession storms across Europe

    15/05/2009 05:00

    Europe’s economy lurched deeper into downturn Friday as France led a trio of countries entering recession, the eurozone shrank by a record rate, and Germany registered its worst-ever performance. As Asia’s biggest economy, Japan, faced signs of...

  • Chrysler plans to close 789 dealerships

    Chrysler plans to close 789 dealerships

    14/05/2009 05:00

    Chrysler has told a bankruptcy court it plans to eliminate 789 of its dealers nationwide as part of a government mandated effort to restructure its failing business, it is reported here Thursday. Photo taken on April 14 shows the Chrysler...

  • San Miguel plans to raise $800 million selling units

    San Miguel plans to raise $800 million selling units

    14/05/2009 05:00

    San Miguel Corp., the largest Philippine cooking and drinks company, may raise US$800 million to expand and repay debt by selling breweries in China and Vietnam and shares in a packaging business....

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