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June 18, 2013
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International
Thousands rally in Indonesia over fuel price hikes
Fuel prices have long been a flashpoint issue in Indonesia, with economists arguing that huge government subsidies are damaging Southeast Asia`s top economy.
Latest News
Mysterious Steve Jobs emails hang over Apple trial
The late Steve Jobs has taken centre stage in the latest twist in the Apple antitrust trial on ebooks.
Tokyo stocks down 0.70% in early trade
Tokyo stocks were down 0.70 percent on Tuesday morning ahead of the start of a US Federal Reserve policy meeting as investors look for clues on the future of its massive stimulus drive.
GMR gets respite in Male airport row
In a relief for GMR, the Maldives' anti-graft watchdog is believed to have ruled out any corruption in the leasing of Ibrahim Nasir International Airport here to the Indian infrastructure major by the previous administration.
Chinese banks see smaller forex surplus
The forex surplus hit USD 17.2 billion in May, marking the ninth straight month of surplus in bank-to-client forex transactions, the State Administration of Foreign Exchange (SAFE) said.
Obama arrives in Northern Ireland for G8 summit
Obama was heading to the Waterfront Hall conference centre to speak to an invited audience of 2,000 mostly young people, touching on Northern Ireland`s peace process.
Hong Kong stocks end 1.22% higher
The benchmark Hang Seng Index added 256.76 points to 21,225.9 on turnover of HK$56.27 billion (USD 7.25 billion).
Tokyo stocks close 2.73% higher
In afternoon forex trade, the dollar bought 94.95 yen against 94.22 yen in New York late Friday.
Dollar edges up in Asia ahead of Fed policy meeting
The dollar edged up in Asian trade Monday as dealers await the outcome of a crucial US Federal Reserve policy meeting, looking for clues to the future of its monetary easing programme.
Cuba plans to build first biofuel power plant
Cuba plans to build a USD 60 million power plant fueled by sugarcane residue, marking the island's first foray into electricity generation using biofuel.
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IBM cuts about 2,800 jobs in North America; to cut in India too
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