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U.S. Senate approves Geithner as treasury secretary
26/01/2009 05:00U.S. Senate on Monday approved New York Fed chief Timothy Geithner to head the Treasury Department under President Barack Obama’s new administration despite much dissatisfaction over Geithner’s tax mistakes. New York Federal Reserve Bank President...
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Spring Festival marks new beginning for Chinese, foreigners
26/01/2009 05:00Global crisis or not, Chinese retained their enthusiasm for celebrating the Lunar New Year, which officially began Monday. More than 68 tonnes of fireworks debris were collected on the eve of the Spring Festival in Beijing alone. Four girls...
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Ronaldinho back to Brazilian squad for Italy friendly
26/01/2009 05:00AC Milan playmaker Ronaldinho was on Monday recalled to Brazil’s squad by coach Carlos Dunga for a friendly international against Italy in London next month. AC Milan’s David Beckham, on loan from Los Angeles Galaxy, laughs with teammate...
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New U.S. ambassador presents credentials to UN chief
26/01/2009 05:00Susan Rice, the new U.S. permanent representative to the United Nations, Monday presented her credentials to UN Secretary-General Ban Ki-moon here. Susan Rice (L), new U.S. Permanent Representative to the United Nations, shakes hands with UN...
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US vows ‘direct’ nuclear diplomacy with Iran
26/01/2009 05:00An Iranian woman walks past an anti-US mural on the wall of the former US embassy in Tehran. US President Barack Obama has offered to engage with Iran if its leaders “unclenched their fist” as his new UN...
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Wall Street workers still get bonuses, many unhappy, poll finds
26/01/2009 05:00Traders work on the floor of the New York Stock Exchange in New York, US. About 79 percent of Wall Street employees responding to an online poll this month said they received a bonus for 2008, more than the 66...
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Cambodia keeps tax breaks as shortage of cash prevents stimulus
26/01/2009 05:00Cambodia said it will extend tax breaks for clothing manufacturers and invest in power plants as a cash shortage restricts its ability to provide economic stimulus. âWe cannot...
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