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Monthly archives for 2008: January, February, March, April, May, June, July, August, September, October, November, December

  1. Sweden announces $2.8-bln economic stimulus package

    3 hours ago

    The Swedish government announced Friday a 23-billion-kronor (about 2.8 billion U.S. dollars) economic stimulus package in efforts to deal with the fallout from the ongoing financial crisis. The measures included

  2. Singapore shares close 0.94% higher

    3 hours ago

    The shares prices in Singapore closed 0.94 percent higher on Friday with the benchmark Straits Times Index (STI) up 15.49 points or 0.94 percent to 1,659.17 points. The overall volume stood at 866.9 million shares

  3. Dollar continues to trade in lower 92 yen level

    3 hours ago

    The U.S. dollar moved narrowly in the lower 92 yen level Friday in Tokyo as market players are cautious to buy the currency ahead of key U.S. employment data to be released later in the day. At 5 p.m., the dollar

  4. Australian airlines slash prices to woo local travellers at Christmas

    3 hours ago

    Australian travellers would be happy to see the lowest ever airfares for Christmas seasons in years. In the past, December is the most expensive month to travel. However, the latest figures show that fares are now at

  5. Indonesia to boost purchasing power

    3 hours ago

    Indonesia will spur economic activities in real sector to boost purchasing power, as the country would rely much on the huge domestic market following the fall of global demand, Vice president Jusuf Kalla said here

  6. Tokyo stocks close slightly lower

    7 hours ago

    Tokyo stocks closed slightly lower Friday after a day's directionless trading. The benchmark 225-issue Nikkei Stock Average ended 6.73 points down, or 0.08 percent, from Thursday to 7,917.51. The broader Topix index of

  7. Indonesian, Japanese officials discuss solution for economic crisis

    7 hours ago

    The Indonesian Foreign Affairs Minister Hassan Wirajuda and the Japanese Special Envoy Masakazu Toyoda met on Friday to find the best solutions to curb the global financial crisis and to strengthen bilateral

  8. India exporters cut 65,000 jobs in 3 months

    7 hours ago

    A survey of 121 export-oriented firms by India commerce ministry revealed that 65,000 jobs have been cut in the past three months, reported local leading business newspaper Business Standard Friday. The survey showed

  9. Chinese shares close slightly higher, extending gains for third day

    7 hours ago

    Chinese stocks closed slightly higher on Friday, extending gains for the third consecutive day. Shares in the agricultural and real estate sectors led the advance. The benchmark Shanghai Composite Index closed at

  10. Australian gov't strikes deal with banks for car dealerships

    7 hours ago

    The Australian Treasurer Wayne Swan announced on Friday his government has just struck a 2 billion-dollar (12.8 billion U.S. dollar) deal with the four major banks in the country to provide financing for car

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