Fed keeps market on toes over rate cut
New York: The Federal Reserve kept a perfect poker face last week, shifting its outlook on risks to the US economy but leaving Wall Street none the wiser about whether it will actually cut interest rates.
Back to News Review index page  
Hotel bookings, travel expected to take a dip during Sept 11 week
Washington: Empty chairs and silent microphones are likely to be the norm at many US hotel conference facilities in the days around September 11 a time that travel industry experts say will be set aside for reflection and remembrance.
Back to News Review index page  
Singapore economy needs surgery: Goh
Hong Kong: Singapore Prime Minister Goh Chok Tong warned Singaporeans on Sunday of the looming economic threat from China and said the economy may need to undergo "surgery" in order to be competitive in the long term.
Back to News Review index page  
Apartheid victims to sue DaimlerChrysler too
Frankfurt: A multibillion-dollar lawsuit brought by South African apartheid victims against many multinational corporations and banks will also target US-German automaker DaimlerChrysler, a lawyer in the case told a German newspaper.
Back to News Review index page  
British Energy to shut second Dungeness unit
London: UK utility British Energy on Sunday said both units at its Dungeness B nuclear power plant in Kent would be closed for scheduled maintenance from Monday.
Back to News Review index page  
Russia, Iraq in $40-bn economic deal
Moscow: Russia is set to sign a $40-billion economic and trade cooperation agreement with Iraq in a move that could complicate Washington's plans to deal with Iraqi leader Saddam Hussein.
Back to News Review index page