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Bangladesh water transport workers call off strike
Dhaka - Workers on Monday called off a strike that had halted river transport in Bangladesh for 38 hours, after the government said it would meet their demands. Acting Shipping Secretary Abdul Mannan Hawlader announced the agreement after a meeting w...

[Posted on : 2009-11-09 ] Category : [ Business ]

Taiwan's exports fall 4.7 per cent in October
Taipei - Taiwan's exports declined just 4.7 per cent in October, compared with the same period last year, the Finance Ministry said Monday. The drop - the first single-digit decline - was the smallest since October last year, reflecting a gradual rec...

[Posted on : 2009-11-09 ] Category : [ Business ]

Taiwan envoy to meet Chinese leader at APEC summit
Taipei - A Taiwan envoy Monday said he would exchange views with Chinese President Hu Jintao on a trade pact the island wants to sign with the mainland, on the sidelines of the Asia-Pacific Economic Cooperation summit in Singapore. I will meet with ...

[Posted on : 2009-11-09 ] Category : [ Business ]

German industrial production jumps 2.7 per cent in September
Berlin - German industrial production jumped more than forecast in September, data released Monday showed, adding to signs of recovery in Europe's biggest economy. Adjusted for price and seasonal changes, output rose by 2.7 per cent in September, to ...

[Posted on : 2009-11-09 ] Category : [ Business ]

Editor quits China's top finance magazine
Beijing - The editor of China's top financial magazine Caijing has resigned to take an academic post, officials said on Monday, amid rumours of a rift between senior staff and the magazine's owners. Hu Shuli left Caijing after weeks of speculation an...

[Posted on : 2009-11-09 ] Category : [ Business ]

Singapore's central bank warns of escalation in property market
Singapore - Singapore's central bank on Monday said that more measures might be needed to counter speculation in the city-state's property market, as there was a risk of an escalation. As Singapore emerges from recession and with the market expectin...

[Posted on : 2009-11-09 ] Category : [ Business ]

Czech jobless rate falls slightly to 8.5 per cent
Prague- The Czech Republic's unemployment rate fell a notch, to 8.5 per cent, in October, down from 8.6 per cent the previous month, the Ministry of Labour and Social Affairs said Monday. The slight decline, however, does not signal an end to the eco...

[Posted on : 2009-11-09 ] Category : [ Business ]

Thai shares up 2.13 per cent on Moody's upgrades
Bangkok - Thai shares jumped 2.13 per cent Monday on a return of investor confidence in the region, brokers said. The Stock Exchange of Thailand index ended at 713.48, up 14.85 points. ...

[Posted on : 2009-11-09 ] Category : [ Business ]

South Africa first female central banker begins work
Johannesburg - South Africa's first female central bank governor, Gill Marcus, began work Monday. Marcus, 60, is a former deputy governor of the bank and former deputy finance minister as well as ex-chairwoman of Absa, South Africa's biggest retail b...

[Posted on : 2009-11-09 ] Category : [ Business ]

Allianz shares surge on the back of forecast-beating Q3 profit
Frankfurt - Europe's biggest insurer, Allianz SE, surged by about 5 per cent Monday after the group reported a bigger-than- forecast jump in third-quarter profit. Munich-based Allianz said net earnings rose to 1.323 billion euros (1.96 billion dollar...

[Posted on : 2009-11-09 ] Category : [ Business ]

 

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