• Microsoft fined 9 mln euros in Germany for colluding with retailers

    Microsoft fined 9 mln euros in Germany for colluding with retailers

    08/04/2009 05:00

    German’s main competition watchdog, the Federal Cartel Office, on Wednesday fined U.S. company Microsoft 9 million euros (about 11.9 million U.S. dollars) for colluding with retailers to set the price of “Office Home and Student 2007.” The watchdog...

  • Thailand cuts rate to spur demand as economy shrinks

    08/04/2009 05:00

    Thailand’s central bank cut its benchmark interest rate to the lowest level since July 2004 to stem the economy’s contraction after exports shrank and consumer prices fell amid the global recession. The Bank of Thailand lowered the one-day...

  • Japan’s stimulus to total US$150 billion, lawmaker says

    Japan’s stimulus to total US$150 billion, lawmaker says

    08/04/2009 05:00

    Labor union members shout slogans during a rally in front of the headquarters of Keidanren, Japan’s largest business group in Tokyo, Wednesday Japan may spend about ¥15 trillion (US$150 billion) in its next...

  • Polling starts in Indonesia’s legislative elections

    Polling starts in Indonesia’s legislative elections

    08/04/2009 05:00

    Polling started Thursday morning in Indonesia as voters are moving to polling stations to cast votes for their representatives in the country’s legislative elections. A woman shows her finger after voting at a polling station in Jakarta, capital...

  • KCNA: Kim Jong Il reelected DPRK’s military chief

    KCNA: Kim Jong Il reelected DPRK’s military chief

    08/04/2009 05:00

    The First Session of the 12th Supreme People’s Assembly of the Democratic People’s Republic of Korea (DPRK) elected leader Kim Jong Il as chairman of the DPRK National Defence Commission (NDC) on Thursday, the official Korean Central News Agency reported....

  • U.S. crew retakes hijacked ship, captain held hostage

    U.S. crew retakes hijacked ship, captain held hostage

    08/04/2009 05:00

    The crew of a U.S.-flagged container ship has retaken control of the ship from Somali pirates, but its captain is being held hostage, the freighter’s second officer said Wednesday. This undated image shows the 17,000-ton container ship Maersk...

  • Creating confidence in GM top priority: spokeswoman

    Creating confidence in GM top priority: spokeswoman

    08/04/2009 05:00

    The top priority in the marketplace now is to create confidence in the General Motors and its products, said a GM spokeswoman here on Wednesday. The exhibition booth of GMC is crowded with journalists during the media preview of New York...

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