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Stanford CFO declines to cooperate in fraud probe
02/03/2009 05:00James M. Davis, the second-highest ranking executive at the Stanford Financial Group of companies, refused to cooperate in the US investigation of an alleged US$8 billion Ponzi scheme at the firms. âI hereby assert my privilege against...
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Asian exports tumble, deepening slowdown amid global recession
02/03/2009 05:00Container ships are loaded with export goods at Klong Thoei port in Bangkok, Thailand Indiaâs overseas sales plunged the most in a decade in January and Indonesiaâs shipments suffered their biggest decline...
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"Slumdog" brings Hollywood closer to Bollywood
02/03/2009 05:00The largely Indian cast and crew of “Slumdog Millionaire” who gleefully stormed the stage at the Academy Awards signaled a closer nexus between the world’s biggest movie industries, with experts hoping for a happy ending. The graphics shows...
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7 people shot dead, 6 Sri Lankan cricket players injured in Pakistan
02/03/2009 05:00The police have arrested four suspects in the Model Town of Lahore, capital city of eastern Punjab province after a terrorist attack on Tuesday, private TV channel DAWN NEWS reported. A video grab shows gunmen firing in the direction of a police...
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Top U.S. army officer: Iran has enough material to make nuclear bomb
01/03/2009 05:00Iran has enough material to build a nuclear bomb, said U.S. Chairman of the Joint Chiefs of Staff Michael Mullen on Sunday. File photo taken shows that Chairman of the U.S. Joint Chiefs of Staff, Admiral Michael Mullen (R) speaks to the media...
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EU leaders say no to protectionism, pledge coordination on bailout
01/03/2009 05:00The European Union summit on Sunday sought to dispel weeks of gloomy reports that the EU was sliding rudderless towards protectionism and division in the face of the mounting economic crisis. Hungarian Prime Minister Ferenc Gyurcsany arrives at...
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1.5 million-year fossillized human footprints found in Kenya
01/03/2009 05:00Fossilized human footprints of 1.5 million years old were found by Rutgers University’s Koobi Fora Field School of Kenya, according to media reports Monday quotting a discovery in the journal Science. Fossilized human footprints of 1.5 million...
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