• U.S. Senate approves Geithner as treasury secretary

    U.S. Senate approves Geithner as treasury secretary

    26/01/2009 05:00

    U.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...

  • Spring Festival marks new beginning for Chinese, foreigners

    Spring Festival marks new beginning for Chinese, foreigners

    26/01/2009 05:00

    Global 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...

  • Ronaldinho back to Brazilian squad for Italy friendly

    Ronaldinho back to Brazilian squad for Italy friendly

    26/01/2009 05:00

    AC 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...

  • New U.S. ambassador presents credentials to UN chief

    New U.S. ambassador presents credentials to UN chief

    26/01/2009 05:00

    Susan 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...

  • US vows ‘direct’ nuclear diplomacy with Iran

    US vows ‘direct’ nuclear diplomacy with Iran

    26/01/2009 05:00

    An 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...

  • Wall Street workers still get bonuses, many unhappy, poll finds

    Wall Street workers still get bonuses, many unhappy, poll finds

    26/01/2009 05:00

    Traders 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...

  • Cambodia keeps tax breaks as shortage of cash prevents stimulus

    Cambodia keeps tax breaks as shortage of cash prevents stimulus

    26/01/2009 05:00

    Cambodia 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. “We cannot...

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