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Business 11 Apr 2009 | 12:00 AM

Black eye over blacklist

Errol Oh laments that Malaysia did not act earlier to avoid the now-rescinded blacklisting by the Organisation for Economic Cooperation and Development

World 05 Mar 2009 | 12:00 AM

UK's Brown - U.S. should lead world out of recession

WASHINGTON (Reuters) - The United States should seize the moment and lead the world out of recession but other countries need to play their part too, British Prime Minister Gordon Brown told U.S lawmakers on Wednesday.

World 04 Mar 2009 | 12:00 AM

China parliament to sell Party's economic remedy

BEIJING (Reuters) - China's leaders will seek a disciplined show of resolve from an annual parliament gathering this week, hoping a display of unity will help dispel economic gloom and social unease.

Business 02 Mar 2009 | 12:00 AM

Merkel, EU reject bailout for eastern Europe

German Chancellor Angela Merkel and other EU leaders flatly rejected a new multibillion euro (dollar) bailout for eastern Europe on Sunday, suggesting that additional aid be given to struggling nations only on a case-by-case basis.

World 16 Feb 2009 | 12:00 AM

Japan finmin denies drunk at G7, faces call to go

TOKYO (Reuters) - Japan's finance minister denied on Monday that he had been drunk at a G7 news conference but the opposition demanded he be fired, piling pressure on unpopular Prime Minister Taro Aso ahead of an election this year.

World 16 Feb 2009 | 12:00 AM

Japan finmin denies drunk at G7, faces call to go

TOKYO (Reuters) - Japan's finance minister denied on Monday that he had been drunk at a G7 news conference but the opposition demanded he be fired, piling pressure on unpopular Prime Minister Taro Aso ahead of an election this year.

Business 31 Jan 2009 | 12:00 AM

Banking authorities reject idea of raising capital requirements

RAISING capital requirements for banks in the midst of the financial crisis would make matters worse and banking authorities oppose the idea, European Central Bank (ECB) president Jean-Claude Trichet said on Thursday.

Business 19 Jan 2009 | 12:00 AM

UK government announces plans for 2nd bank bailout

Britain said Monday it would issue a second bailout for banks, including a plan to insure them against losses, in hopes of boosting lending levels.

Business 12 Jan 2009 | 12:00 AM

Weak pound causes problems for Ireland

The recent weakness of the pound against the euro is causing difficulties for Ireland and the currency's drop is effectively a 'devaluation', Irish Finance Minister Brian Lenihan said in a newspaper interview.

World 27 Dec 2008 | 12:00 AM

Guinea coup leader gets Senegal's backing

CONAKRY - Guinea's military junta was boosted by the endorsement of neighbouring Senegal as it attempted to garner international backing, and, after meeting political parties on Saturday, promised to stamp out the burgeoning drugs trade.