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  • U.S. stocks fall on disappointing retail data

    U.S. stocks fall on disappointing retail data

    14/04/2009 05:00

    U.S. stocks fell on Tuesday as disappointing retail sales and a surprising drop in inflation offset upbeat earnings reports from Goldman Sachs and Johnson & Johnson. Trading specialists work on the floor of the New York Stock Exchange trading...

  • Political turmoil glooms Thailand’s outlook

    Political turmoil glooms Thailand’s outlook

    14/04/2009 05:00

    After the confrontation concluded as the leaders of protesters declared surrender on Tuesday noon, the curtain finally fell down for the 20-day chaos staged in Bangkok. A man kneels down to stop Thai soldiers from marching towards the Government...

  • Obamas host first White House egg roll

    Obamas host first White House egg roll

    14/04/2009 05:00

    U.S. President Barack Obama officially opened the annual Easter Egg Roll Monday, calling it “one of the greatest White House traditions.” U.S. President Barack Obama speaks on the balcony of the White House before the start of the 2009 Easter Egg...

  • Detroit awaits bailout amid U.S. auto-industry crisis

    Detroit awaits bailout amid U.S. auto-industry crisis

    13/04/2009 05:00

    It’s a chilly Monday morning in Detroit, capital of U.S auto industry. Ricky Martin, a 7-year-old boy, is playing basketball with his brother in front of an abandoned house in downtown Detroit. The 2009 NCAA Final Four Logo is seen on the back of...

  • Violence escalates in Thailand

    Violence escalates in Thailand

    13/04/2009 05:00

    Violence in Thailand is escalating Monday despite government troops attempted to gain control and restore order to the capital Bangkok. Thai army soldiers mass for orders near the Government House in Bangkok, capital of Thailand, April 13, 2009....

  • China’s lending surge ‘cause for worry,’ UBS says

    13/04/2009 05:00

    The surge in China’s March bank loans and money supply is “cause for worry” as it means the increase in liquidity behind this year’s stock rally will likely weaken, according to UBS AG. New loans rose to 1.89 trillion yuan (US$277...

  • Singapore to get 39 percent more hotel rooms amid glut, CBRE says

    13/04/2009 05:00

    Singapore’s supply of four- and five-star hotel rooms will probably increase 39 percent by the end of 2012, adding to a glut that may worsen as global economic growth slows, a survey found. Singapore will add 10,000 new four-and five-star...

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