• Global crisis has silver lining for IMF

    Global crisis has silver lining for IMF

    05/04/2009 05:00

    International Monetary Fund Managing Director Dominique Strauss-Kahn (L) and Director External Relations Caroline Atkinson attend a press conference following the G20 summit From the ashes of global prosperity...

  • ASEAN summit to discuss G20 plans: Thai PM

    05/04/2009 05:00

    Southeast Asian nations and key regional partners will use a summit next week to discuss their follow-up to a G20 plan to lift the world out of recession, Thailand’s premier said Sunday. The summit of the 10-member Association of Southeast...

  • Banks could use money in begging bowl to buy toxic assets

    Banks could use money in begging bowl to buy toxic assets

    05/04/2009 05:00

    Citibank sign hangs outside a retail banking branch on the ground floor of the Citigroup Inc. headquarters in New York US banks that received billions of dollars of taxpayer money to bolster their capital could...

  • Authorities confirm identities of 14 victims in Binghamton shooting

    Authorities confirm identities of 14 victims in Binghamton shooting

    05/04/2009 05:00

    A total of 14 people of eight different countries of origin, among them 4 Chinese nationals, were killed in Friday’s deadly shooting rampage in downtown Binghamton, the U.S. state of New York. Binghamton Police Chief Joseph Zikuski (C) speaks...

  • EU-U.S. summit ends on high note

    EU-U.S. summit ends on high note

    05/04/2009 05:00

    A one-day summit between the European Union (EU) and the United States ended on Sunday on a high note, with closer transatlantic cooperation promised for the future. Leaders attending the EU-U.S. summit pose for group photos in Prague, Czech...

  • German NUK baby powder under investigation in China

    German NUK baby powder under investigation in China

    05/04/2009 05:00

    The NUK baby powder, which allegedly contains forbidden ingredient, is under investigation and off shelf, said The General Administration for Quality Supervision, Inspection and Quarantine (GAQSIQ) here Sunday. It is reported that the Korean...

  • GM softens opposition

    GM softens opposition

    05/04/2009 05:00

    General Motors Corp is softening its opposition to bankruptcy reorganization a little more, with new CEO Fritz Henderson saying in an interview broadcast on Sunday, “if it’s required, that’s what we’ll do.” General Motor’s new CEO Fritz...

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