International

Reports: Madagascan army gives power to opposition leader
17/03/2009 05:00
Madagascan army on Tuesday gave power to opposition leader Andry Rajoelina as president of the transitional authorities, according to agencies’ reports. The leader of Malgache opposition Andry Rajoelina delivers a speech at a presidential palace...
Geithner: AIG to pay back government for hefty bonuses
17/03/2009 05:00
U.S. Treasury Secretary Timothy Geithner said Tuesday that the troubled insurance giant American International Group (AIG) is to pay back the government for hefty bonuses it paid out to its executives. The American International Group (AIG)...
Chinese shares edge up 0.24% led by material producers
17/03/2009 05:00
Chinese equities rose 0.24 percent on Wednesday led by material stocks such as coal, oil and steel. A woman looks at the share price screen at a stock trading hall in Chongqing, southwest China, March 18, 2009. China’s benchmark Shanghai Composite...
Madagascan pro-opposition armed forces take over presidential palace
16/03/2009 05:00
Madagascan pro-opposition armed forces successfully forced into a presidential palace on Monday evening in the downtown of Antananarivo, Madagascar’s capital, but President Marc Ravalomanana was not inside the building. Madagascan President Marc...
Obama says AIG to be stopped from paying bonuses to executives
16/03/2009 05:00
U.S. President Barack Obama said on Monday that his administration will stop insurance giant American International Group (AIG) from paying 165 million dollars of bonuses to its executives. The American International Group (AIG) building in New...
Obama administration unveils plan to unlock credit for small businesses
16/03/2009 05:00
The Obama administration on Monday unveiled a plan to help unlock credit for the nation’s small businesses, which have generated about 70 percent of net new jobs annually over the past decade. U.S. President Barack Obama (R), accompanied by...
China eases overseas investment rules for companies
16/03/2009 05:00
An undated handout photograph shows OZ Minerals Ltd.’s headframe, right, and ore conveyor, left, at the Golden Grove operation in Western Australia. China said it will make it easier for its companies to invest...