Finance News, Saturday 18th June 2011
Malaysia tells African leaders governance key to growth
Malaysian premier Najib Razak Sunday told a gathering of African leaders including Zimbabwes controversial President Robert Mugabe that good governance was vital to economic growth.At a forum on promoting ... ...Sat 18th June 2011 - 09:45pm
EVA Air to buy 20 planes to meet China demand- report
Taiwans international carrier EVA Airways plans to buy 20 passenger planes to meet robust demand from China- local media cited company president Chang Kuo-wei as saying Sunday.The remarks came after ... ...Sat 18th June 2011 - 09:31pm
Malaysia tells African leaders governance key to growth
Malaysian premier Najib Razak Sunday told a gathering of African leaders including Zimbabwes controversial president Robert Mugabe that good governance was vital to economic growth.At a forum on promoting ... ...Sat 18th June 2011 - 08:55pm
Business rounds on Indian government over economy
Business leaders in India have rounded on the government- urging a halt to interest rate rises- amid fears that inflation and lack of institutional reform could hit investment and cut economic growth.The ... ...Sat 18th June 2011 - 08:36pm
Airbus- Boeing fight it out over middle ground
For fierce rivals Airbus and Boeing- the medium-haul aircraft market is crucial and their A320 and B737 workhorses will be in the spotlight at the Paris International Airshow this week.For Boeing- a key ... ...Sat 18th June 2011 - 07:00pm
Portugal election puts high-speed rail at risk
An ambitious plan to link the capitals of Spain and Portugal by rail in less than three hours- which has already been postponed to 2013 from 2010- seems again to be under threat after the centre-rights ... ...Sat 18th June 2011 - 06:54pm
Japanese firms to join Airbus engine project- report
Three major Japanese engineering firms- IHI Corp- Mitsubishi Heavy Industries- and Kawasaki Heavy Industries will help develop a new engine for Airbus- a report said Sunday.The trio will bring their expertise ... ...Sat 18th June 2011 - 06:13pm
Chinese stocks lose their luster in US markets
High-flying shares in Chinese companies have come crashing to the ground recently- amid a flurry of accounting scandals and a crackdown by US regulators.Less than two months ago- US investors were eagerly ... ...Sat 18th June 2011 - 06:08pm
China claims its place at Paris airshow
China aims to claim its rightful place at the Paris International Airshow this week alongside giants Airbus and Boeing- laying down a marker for its ambitions to be a major player in global aviation.Airbus ... ...Sat 18th June 2011 - 05:43pm
Malaysian opens forum to push African ties
Malaysias biennial convention to promote economic collaboration with Africa will begin Sunday with the attendance of controversial Zimbabwean president Robert Mugabe.Dubbed the Langkawi International ... ...Sat 18th June 2011 - 11:13am
Merkel wants substantial bank aid for Greek debt
German Chancellor Angela Merkel Saturday urged substantial aid from private creditors to resolve Greek debt woes- as the Eurogroup warned the crisis could spread like a firestorm through EU ... ...Sat 18th June 2011 - 10:45am
Banks accused of ripping off business
A key business lobby group has lashed out at Australias banks- accusing them of targeting vulnerable customers.The Australian Chamber of Commerce ACC says the Australian Banking Association ABA ... ...Sat 18th June 2011 - 06:48am
Property prices continue to rise in China
The price of new apartments rose in May in 67 out of 70 Chinese cities tracked in a monthly survey- the National Bureau of Statistics said Saturday- as the government battles to rein in inflation.The cost ... ...Sat 18th June 2011 - 06:24am
Merkel wants substantial bank aid for Greek debt
German Chancellor Angela Merkel Saturday urged substantial aid from private creditors in resolving Greeces debt woes- as the Eurogroup warned the crisis could spread like a firestorm through ... ...Sat 18th June 2011 - 06:22am
Pilatus to sign record aircraft deal with India
Switzerlands Pilatus Aircraft is about to sign a record deal to supply 75 of its successful PC-7 trainer planes to the Indian Air Force for 850 million francs 1 billion- a press report said Saturday.The ... ...Sat 18th June 2011 - 05:16am
United Airlines back up after nationwide glitch
Systems are back up at United Airlines after a nationwide computer outage drastically disrupted operations- but delays are expected throughout the weekend- the US carrier said on Saturday.Our systems ... ...Sat 18th June 2011 - 05:16am
New multi-million dollar training centre designed to ease skills shortage
The Federal Government says a new- multi-million dollar training centre in Perth will help shift the focus from skilled migration to training as the way to ease Western Australias skilled labour shortage.The ... ...Sat 18th June 2011 - 04:50am
China orders recall of Glaxo drug
China Saturday ordered British pharmaceutical giant GlaxoSmithKline to recall an antibiotic used to treat infections in children which was found to be tainted with a plasticiser.Traces of diisodecyl phthalate ... ...Sat 18th June 2011 - 03:44am
S Korean soldiers fire at passenger jet
South Korean soldiers have opened fire on a passenger jet with more than 100 people on board- after mistaking it for a hostile North Korean aircraft.Thinking they had spotted a North Korean military jet- ... ...Sat 18th June 2011 - 03:19am
Merkel urges substantial bank aid for Greek debt
German Chancellor Angela Merkel on Saturday urged substantial aid from private creditors in resolving Greeces debt woes- as the Eurogroup warned the crisis could spread like a firestorm ... ...Sat 18th June 2011 - 02:59am
Figures reveal gap in forest peace process
New figures have been revealed which show just how far Tasmanias forest peace deal is from resolution.Industry will support the protection of an additional 270-000 hectares of forest.But environment ... ...Sat 18th June 2011 - 01:56am
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