• No end to slump in sight for British, Japanese economies

    No end to slump in sight for British, Japanese economies

    26/12/2008 05:00

    A homeless man sits on the street in central Tokyo Friday. Japanese unemployment rose to 3.9 percent in November from 3.7 percent in October amid a recession in Asia’s biggest economy. Britain next year faces...

  • UN chief backs Pakistan’s efforts to seek truth, justice on Bhutto assassination

    UN chief backs Pakistan’s efforts to seek truth, justice on Bhutto assassination

    26/12/2008 05:00

    UN Secretary-General Ban Ki-moon Friday said that he supports Pakistan’s efforts to search for truth and justice on the December 2007 assassination of former Prime Minister Benazir Bhutto. A supporter holds a candle next to a picture of slain...

  • New York gold futures rise sharply after Christmas

    New York gold futures rise sharply after Christmas

    26/12/2008 05:00

    Gold market in New York Friday saw a brisk move to the upside in a post-holiday trade. Gold futures for February delivery gained 23.20 U.S. dollars, or 2.7 percent, to 871.20 dollars an ounce on the New York Mercantile Exchange. Bullish outside...

  • Death toll from Christmas shooting rises to six

    Death toll from Christmas shooting rises to six

    25/12/2008 05:00

    The death toll from a Christmas Eve shooting in Convina of Los Angeles has risen to six, police said on Thursday. Bruce Jeffrey Pardo, the only suspect in a shooting in Covina, California on December 24, 2008, is seen in this undated handout...

  • British Nobel Prize-winning playwright Harold Pinter dies

    British Nobel Prize-winning playwright Harold Pinter dies

    25/12/2008 05:00

    British Nobel Prize-winning playwright Harold Pinter died of liver cancer on Christmas Eve. He was 78. A file photo shows British playwright Harold Pinter talking to journalists outside his home after he won the Nobel prize for literature in London...

  • Bumpy year for European integration

    Bumpy year for European integration

    25/12/2008 05:00

    The passing year has been an “annus horribilis” for European integration as the “no” vote by 860,000 Irish voters in June 2008 derailed the Lisbon Treaty, which was designed for 490 million European Union (EU) citizens. European Commission (EC)...

  • Slump pummels Silicon Valley

    Slump pummels Silicon Valley

    25/12/2008 05:00

    Silicon Valley, the technology mecca once considered immune to fallout from the global financial meltdown, now faces the biggest cutbacks since the dotcom crash. A high school student uses Location Services for Friends and Family, a Microsoft...

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