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World 16 May 2009 | 12:00 AM

Obama names Republican governor as envoy to China

WASHINGTON (Reuters) - U.S. President Barack Obama on Saturday named Utah Governor Jon Huntsman Jr. to be the next U.S. ambassador to China, a pivotal post in relations between the United States and a major emerging economic power.

World 16 May 2009 | 12:00 AM

Obama names Republican governor as envoy to China

WASHINGTON (Reuters) - U.S. President Barack Obama on Saturday named the Republican governor of Utah to be the next U.S. ambassador to China, a pivotal post in relations between the United States and a major emerging economic power.

World 16 May 2009 | 12:00 AM

Obama names Republican governor as envoy to China

WASHINGTON (Reuters) - U.S. President Barack Obama on Saturday named Utah Governor Jon Huntsman Jr. to be the next U.S. ambassador to China, a pivotal post in relations between the United States and a major emerging economic power.

World 14 May 2009 | 12:00 AM

UK says will go ahead with buying more Eurofighters

LONDON (Reuters) - Britain said on Thursday it will buy a third batch of Eurofighter aircraft and hopes to sign a contract by the end of the year, dispelling fears it would pull out of the project.

World 13 May 2009 | 12:00 AM

Q+A - Japan opposition seeks new chief as election looms

TOKYO (Reuters) - Japan's opposition Democratic Party will pick a new leader on Saturday after Ichiro Ozawa resigned from the post over a fundraising scandal to try to bolster the party's chances in an election that must be held within months.

Business 06 May 2009 | 12:00 AM

Asia likely to have strongest growth rate

PETALING JAYA: Asia has the 'strongest baseline position' for world economic growth and emerging markets in the region, driven by India and China, will produce the strongest growth rate, said global asset manager ING Investment Management (ING IM).

Business 22 Apr 2009 | 12:00 AM

Central bankers expect stabilisation by year-end

Central bankers detected signs of economic stabilisation taking root by year-end and Tesco, the world's number three retailer, shrugged off global malaise yesterday to post bumper profits.

Business 21 Apr 2009 | 12:00 AM

Central bank said Tuesday Australia is in recession

Australia has followed the rest of the world into a recession, the central bank chief said Tuesday.

Business 20 Apr 2009 | 12:00 AM

UK likely to present bleak annual budget this week

British Treasury chief Alistair Darling is likely to present a bleak annual budget this week with little good news for the average Briton as the economy wallows in recession.

World 19 Apr 2009 | 12:00 AM

Sleaze scandal haunts UK's Brown ahead of budget

LONDON (Reuters) - British Prime Minister Gordon Brown's bid to re-establish confidence in his government days before he sets out the budget for recession-hit Britain is being thwarted by a sleaze scandal he cannot shake off.