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  • Thailand, Malaysia seeking joint ASEAN infrastructure fund

    06/04/2009 05:00

    Thailand and Malaysia are planning to set up a joint Southeast Asian fund that would pool excess foreign-exchange reserves to finance infrastructure spending that boosts jobs and economic growth in the region. “Together with Malaysia, we have...

  • Asian markets extend rally on economic optimism

    06/04/2009 05:00

    Asian markets pushed to multi-month highs Monday to extend a four-week rally, bolstered by pre-weekend gains on Wall Street and growing optimism over the global economic climate, dealers said. Markets had shrugged off North Korea’s launch on...

  • India has potential for luxury, but not yet: experts

    India has potential for luxury, but not yet: experts

    06/04/2009 05:00

    A man stands in front of a display of clothing at Inorbit Mall Malad shopping center in Mumbai, India Purveyors of luxury goods are waking up from their dream of conquering India as the last great frontier for...

  • Binghamton killer mails letter to NY newschannel before starting massacre

    Binghamton killer mails letter to NY newschannel before starting massacre

    06/04/2009 05:00

    Jiverly Wong, the Vietnamese immigrant who killed 13 people before taking his own life in Binghamton, upstate New York, on Friday, mailed a letter to a TV station the day of the massacre, local media reported Monday. Binghamton Police Chief...

  • Obama underlines U.S.-Turkish cooperation on Iraqi stability, Mideast peace

    Obama underlines U.S.-Turkish cooperation on Iraqi stability, Mideast peace

    06/04/2009 05:00

    Visiting U.S. President Barack Obama stressed on Monday the U.S. readiness to work with Turkey to secure Iraq’s stability, fight terrorism and push for Middle East peace process. Visiting U.S. President Barack Obama (L) shakes hands with...

  • Italy quake toll rises to 179, PM allocates relief fund

    Italy quake toll rises to 179, PM allocates relief fund

    06/04/2009 05:00

    The death toll from a strong earthquake that hit central Italy early Monday has risen to 179, 40 of which still need to be identified, the Italian news agency ANSA said on Tuesday. A rescuer walks past a collapsed building in L’aquila, Italy,...

  • DPRK launches rocket, defying world pressure

    DPRK launches rocket, defying world pressure

    05/04/2009 05:00

    Democratic People’s Republic of Korea carried out a rocket launch Sunday. Liftoff took place at 11:30 a.m. (0230GMT) Sunday from the coastal Musudan-ri launch pad in northeastern DPRK, the Republic of Korea (RoK) and U.S. governments...

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