• Obama unveils economic team to tackle economic crisis

    Obama unveils economic team to tackle economic crisis

    24/11/2008 05:00

    With the economy in crisis, U.S. President-elect Barack Obama Monday unveiled his economic team pick to shore up financial markets and tackle the worst financial crisis since the Great Depression in 1930s. U.S. President-elect Barack Obama is...

  • Hollywood actors guild threatens to strike

    Hollywood actors guild threatens to strike

    23/11/2008 05:00

    The Screen Actors Guild (SAG) said on Saturday it will authorize a strike after its contract talks with Hollywood studios failed. Screen writer and actor Brad Aldous (C) marches with members of the Writers Guild of America in New York Nov. 20,...

  • Bush calls for open market to overcome financial crisis

    Bush calls for open market to overcome financial crisis

    23/11/2008 05:00

    U.S. President George W. Bush on Saturday called on world economies to keep market open and reject protectionism to overcome the ongoing global financial storm. President George W. Bush delivers a speech during the APEC CEO summit in Lima, capital...

  • Somalis unanimous against piracy

    Somalis unanimous against piracy

    23/11/2008 05:00

    Somalis have never been more united on any issue for the past two decades than they are now against the runaway piracy that has been giving growing notoriety to Somali coastal waters so far this year. Saudi-owned crude oil supertanker “Sirius Star”...

  • Tax cut to attract more homebuyers in Beijing

    Tax cut to attract more homebuyers in Beijing

    23/11/2008 05:00

    Homebuyers in Beijing will have their contract tax halved if the price is below a certain level from Nov. 24. The Beijing municipal construction committee issued a circular on Saturday to this effect as part of its effort to encourage spending to...

  • U.S. government agrees to rescue Citigroup

    U.S. government agrees to rescue Citigroup

    23/11/2008 05:00

    The U.S. government agreed Sunday to rescue Citigroup providing a package of guarantees, liquidity access and capital. People walk past the Citigroup building, in New York, November 17, 2008. (Xinhua/Reuters Photo) The U.S. government would...

  • U.S. researchers isolate beneficial wine element

    U.S. researchers isolate beneficial wine element

    23/11/2008 05:00

    U.S. researchers have discovered the reason why people who drink red wine largely avoid heart disease, and may have come up with a naturally-occurring substance that can partly reverse the effects of Alzheimer’s disease, a new study showed. The...

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