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  • Security on high alert in Nepali capital

    Security on high alert in Nepali capital

    03/05/2009 05:00

    An informal meeting of the army generals at the Nepal Army (NA) Headquarters in capital Kathmandu on Sunday afternoon decided to keep all of its divisions on high alert. Demonstrators chant slogans during a protest against Nepali army chief’s being...

  • ASEAN+3 reach agreement on all main components of regional reserve pool

    ASEAN+3 reach agreement on all main components of regional reserve pool

    03/05/2009 05:00

    Finance ministers of the Association of Southeast Asian Nations, China, Japan and South Korea (ASEAN+3) reached here on Sunday the agreement on all main components of regional reserve pool, and will implement it before the end of this year. finance...

  • China injects $38 bln into Asian crisis fund

    China injects $38 bln into Asian crisis fund

    03/05/2009 05:00

    China, Japan and South Korea Sunday finalized details of an emergency 120 billion U.S. dollars liquidity fund to help 13 Asian economies counter the global economic downturn. Chinese Finance Minister Xie Xuren (L) poses for a group photo with his...

  • Asia must boost domestic demand, says ADB

    03/05/2009 05:00

    Asia must boost domestic consumption and end its dependence on exports as external demand plunges in the world economic slump, the Asian Development Bank said Sunday. The call was echoed by regional finance ministers gathered at the ADB’s...

  • Stress tests, Bernanke, flu to dominate this week

    03/05/2009 05:00

    US stocks keep proving the naysayers wrong, as major averages continue to gain despite expectations for the recent rally’s demise. And this week may be no different. But after a frenzied two-month run, the roadblocks may be too much to...

  • Mexico raises death toll of A/H1N1 flu to 22

    Mexico raises death toll of A/H1N1 flu to 22

    03/05/2009 05:00

    People wear surgical masks in Mexico city, May 3, 2009. Mexican Health Minister Jose Angel Cordova Villalobos late Sunday raised the death toll of the A/H1N1 flu to 22 and the number of infected cases to 568 in the country. (Xinhua/AFP Photo)...

  • Panama’s general elections voting ends

    Panama’s general elections voting ends

    03/05/2009 05:00

    Panama’s general elections voting ended on Sunday at 4:00 p.m. (2100 GMT). Panama’s presidential candidate Ricardo Martinelli of the Democratic Change (CD) party talks to journalists at his home prior to presidential elections in Panama City, May...

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