International

EU leaders vow to coordinate in tackling financial crisis
04/10/2008 05:00
Leaders from the European Union (EU)’s four largest economies concluded an emergency summit here on Saturday, vowing to work in a coordinated way in tackling financial crisis. Italian Prime Minister Silvio Berlusconi (2nd L) speaks with France’s President...
Traffic services resume as weakening Higos leaves Hainan
04/10/2008 05:00
Highway, rail and flight services have totally resumed in Hainan on Sunday as tropical storm Higos gradually weakened and left this southernmost island province of China, local authorities said. Cars queue up to cross the Qiongzhou Strait by ferry at Xiuying...
Paris summit seeks European response to crisis
03/10/2008 05:00
European Commission President Jose Manuel Barroso (R) and African Union Commission chairman Jean Ping address a news conference after a meeting at the European Commission headquarters in Brussels October 1, 2008. Plagued...
Lehman creditors seek to probe firm: report
03/10/2008 05:00
The Lehman Brothers building is pictured in New York September 15, 2008. Unsecured creditors of Lehman Brothers Holdings Inc asked a court overseeing Lehman’s bankruptcy proceedings for permission to investigate how the...
Congress passes bailout, focus shifts to fallout
03/10/2008 05:00
House Speaker Nancy Pelosi (C) holds aloft the $700 billion financial bailout bill after she signed it, in an attempt to provide relief for the current financial and banking crisis, at the US Capitol in Washington, October 3, 2008....
U.S. House approves historic financial bailout plan
03/10/2008 05:00
The U.S. House of Representatives on Friday approved a revised 700 billion dollars bailout plan, authorizing the government the largest financial intervention since the Great Depression. U.S.House of Representatives Speaker Nancy Pelosi (front L) presents the...
Crisis spreads; bailout focus on House
02/10/2008 05:00
A man sits on a bench in front on the House of Representatives wing of the Capitol building in Washington October 2, 2008. Shockwaves from the global credit crisis spread on Thursday, rattling industries around the world...