Indonesia sets aside 10,000 sq km land for rice farms Khaleej Times | KUALA LUMPUR - Indonesia revealed plans on Monday to set aside 10,000 square km for rice to boost output of the grain as countries around the region struggled to stock up on the food staple on fears of a global supply squeeze. | Indonesian Agriculture Minister Anton Apriyantono said the government...
Toyota delays new U.S. auto plant due to economy USA Today Posted | Comment | Recommend | | | By Yuri Kageyama, AP Business Writer TOKYO — A senior Toyota executive said Monday that plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping U.S. auto sales and a broader U.S. economic slowdown. |...
Profit up in first quarter, HSBC says International Herald Tribune | : HSBC Holdings, the biggest European bank, said Monday that profit in the first quarter rose as its growing Asian business more than offset declining earnings in the United States. | The bank put aside $3.2 billion for bad loans in the United Stat...
Australia's Westpac offers $14B for bank rival St. George Buffalo News | Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking sector in years. | The all-stock deal would create Australia's largest fi...
Indian software services firms shift focus International Herald Tribune | : India's export-driven software services companies are shifting focus to emerging economies, such as the Middle East and Africa, where technology spending is growing twice as fast as in developed countries. | As the economy in the United States, w...
Japan faces backlog of unsold homes International Herald Tribune | : When a regulatory hurdle hit the Japanese housing sector last year, Tokyo assumed any delays would be short-lived. But almost a year later, a growing backlog of unsold homes threatens to dent already feeble economic growth. | Rather than making a...
Oil prices retreat from $126 a barrel record Orlando Sentinel BANGKOK, Thailand - Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen. | Investors often buy ...
UN food agency: Rice prices surging in Myanmar Houston Chronicle TOOLS | ROME - A U.N. food agency says rice prices in the capital of Myanmar have surged 50 percent since a devastating cyclone. | The U.N. Food and Agriculture Organization said M...
Australia's Westpac offers $14B for bank rival St. George Kansas City Star | Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking sector in years. | The all-stock deal would create Australia's largest fi...
Australia's Westpac offers $14B for bank rival St. George Syracuse | SYDNEY, Australia (AP) - Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking sector in years. | The all-stock deal would crea...
‘Silent tsunami’ upsets family life across Asia Dawn | SYDNEY, May 11: From the rice paddies of Asia to the wheat fields of Australia, the soaring price of food is breaking the budgets of the poor and raising the spectres of hunger and unrest, experts warn. | A billion people in Asia are seriously affected by the surging costs of daily staples such as rice and bread, the director-general of the Asian...
Oil prices retreat from $126 a barrel record Kansas City Star Bullit Marquez A passenger glances at a protester displaying a placard Sunday, May 11, 2008 at Manila's Quezon city to urge motorists to join a nationwide public transport strike set for Monday to protest the weekly price increases of gasoline and other oil products. The protesters were demanding the government to "take decisive steps" against alle...
