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Asia
looks to China amid war fears
Hong Kong: China's growth is Asia's ray of hope
as the world eyes a meltdown on Wall Street, warplanes
over Iraq, a sluggish US recovery and a Japanese government
desperately seeking solutions to financial chaos.
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Democrats
sharpen attack on Bush economic policy
Washington: A Democratic cartoon depicting President
George W Bush pushing wheelchair-bound seniors down a
sliding stock market chart to highlight the risks of individual
Social Security i
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Afghans
to launch new currency amid economy hopes
Kabul: Afghanistan will launch a new currency on
Monday aiming to regain control of an economy devastated
by more than 23 years of war and internal strife.
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Executives
bulk up on protection
New York: At a time when companies all over are
axing employees, Winston Pingray makes sure resentful
workers don't respond by turning the axe back on executives.
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LG
hopes US consumers will warm to Internet fridge
Washington: South Korean electronics giant LG thinks
so, and is rolling out its Internet refrigerator in the
US market this month after introductions in South Korea,
Mexico and Britain.
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CEOs
see negative impact from war in Iraq
New York: A war against Iraq could spell trouble
for a fragile US economy trying to regain momentum from
its first recession in a decade, top US corporate executives
said this week.
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Economists
split over chance of rate cut
New York: Wall Street firms are increasingly split
over whether the Federal Reserve will cut interest rates
again before Christmas, with more economists now citing
worries about a lack of economic momentum.
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Chairmen
who built Enron, Global Crossing plead ignorance
New York: Two of the largest corporate collapses
have at least one thing in common: company chairmen who
took their creations to great heights, reaped millions
from stock sales - and said they knew nothing of problems
until it was too late.
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US
payrolls drop amid uneven recovery
Washington: The US economy shed jobs in September
for the first time in five months, the Labor Department
said on Friday, showing the US recovery is still struggling
to hit its stride
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