Business
Drought shrinks largest freshwater lake
China's largest freshwater lake has shrunk to its smallest size in years due to drought, state media and officials said yesterday, endangering the ecology in
Asian markets lower amid euro concerns
Concerns over Europe's debt crisis returned to the forefront yesterday, leaving Asian markets mostly lower while the euro remained under pressure against the dollar and ...
BRICS nations stronger, not always in unison
A slow but steady shift in the global balance of power toward the China-led BRICS club of emerging nations was confirmed in 2011, but it ...China audit uncovers huge violations in local debt
China said yesterday it had uncovered 530.9 billion yuan (USD 84 billion) in misused funds in an audit of local government debts, as it ...Thai December inflation eases as floods recede
Thailand’s inflation slowed in December as food prices stabilised after shooting up amid the kingdom’s worst flooding in decades, the Commerce Ministry said yesterday.The consumer ...
Workers in last-ditch bid to save SeaFrance ferries
A French court yesterday delayed its decision on a worker cooperative’s bid to rescue the ailing cross-Channel ferry business SeaFrance, one of the workers’ lawyers ...
Singapore’s economy shrinks in the fourth quarter
Singapore’s trade-driven economy shrank in the last quarter of 2011, government figures showed yesterday, underlining concerns that the city state’s growth would continue to lose ...
Total takes 2.3 bn stake in US shale gas fields
French oil group Total said yesterday it was taking a 25 percent stake in shale gas fields in the US state of Ohio for ...Top Indian businessman mocks Davos
Top Indian industrialist Rajiv Bajaj mocked the World Economic Forum in Davos yesterday, saying the annual power bash in the Swiss Alps was the source ...
2012 to be worse than 2011: Schaeuble
The new year will probably be worse than the last, but Germany, Europe’s biggest economy, should be able to withstand it, German Finance Minister Wolfgang ...
- Animal groups seek to ban greyhound exports to Macau
- More protection for bank deposits
- Disability evaluation ready this year
- Poll shows massive Israeli support for Shalit
- Credit crunch hurts property developers
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