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Finance
Crisis far from over: WB chief
World Bank President Robert Zoellick said on Tuesday that financial markets are showing signs of stabilisation, but warned that the global crisis was far from over in developing countries.
2 Jul, 2009 - 7:12:00 AM
Finance
US recovery must come first, Singapore envoy says
A recovery from the worldwide economic slump will occur in east Asia only after it has begun in the United States, the Singapore ambassador to the US said Tuesday.
2 Jul, 2009 - 7:11:00 AM
Regional
Megawati rallies supporters in Indonesia
Indonesia's main opposition leader, Megawati Sukarnoputri, called for free and fair presidential elections on July 8 as she held her last campaign rally in Jakarta on Tuesday.
2 Jul, 2009 - 7:10:00 AM
Regional
Malaysia PM sets big reforms to boost investment
Malaysia's prime minister unveiled a raft of measures on Tuesday to boost investment in the slumping economy, coming close to ending an affirmative action programme for ethnic Malays that critics say has stymied growth.
2 Jul, 2009 - 7:09:00 AM
Regional
Japanese business confidence boost: central bank
Business confidence among major Japanese manufacturers has improved for the first time in two-and-a-half years, the central bank's quarterly Tankan survey has shown.
2 Jul, 2009 - 7:08:00 AM
Finance
China plans to start yuan settlement with Asean soon
China may soon allow companies in its southern provinces of Yunnan and Guangxi to use yuan to settle cross-border trade with Southeast Asia to reduce foreign- exchange risks, a government official said.
2 Jul, 2009 - 7:07:00 AM
Regional
Thai BOT says economy has bottomed out
"The stable economic figures and the government's [fiscal] policies indicate that the possibility of continuing economic contraction has decreased," senior director Amara Sriphayak said.
2 Jul, 2009 - 7:06:00 AM
Agriculture
Catfish conflict pits US industry against Vietnam
It looks like catfish, it tastes like catfish and it acts like catfish. But to US catfish farmers, the whiskered, bottom-feeding fish from Vietnam is something else: a cheap variety that's usurping the humble catfish's place on Americans' tables and threatening their livelihoods.
2 Jul, 2009 - 7:05:00 AM
Finance
Credit makes slow, cautious comeback in Asia
Earlier this month, Henderson Land Development Co, a Hong Kong-based blue chip property developer, hoped to raise HK$5 billion ($641 million) from the syndicated loans market.
2 Jul, 2009 - 7:04:00 AM
Society
K Rouge tore off toenails of suspected traitor
One of three living survivors from the Khmer Rouge's main torture centre testified Tuesday that he endured beatings, electric shocks and had his toenails pulled out but was spared execution because he knew how to fix cars.
2 Jul, 2009 - 7:03:00 AM
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