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Business
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Ceramic makers eye $100m annual export by 2008
Inspired by increased overseas demand and local capacity expansion, Bangladeshi ceramic manufacturers eye an annual $100 million export earnings by 2008, a mammoth jump from the current yearly incomeof
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Japan, Germany cloud G7 economic outlook
Dismal performances by the Japanese and German economies last year, tipping into recession for Japan, highlight structural problems for some analysts but are just a temporary "hiccup" for others.
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UK wants G7, China to work together
Britain's finance minister on Monday urged cooperation between the world's rich nations and China and is expected later to say it would be futile to resort to protectionism to counter China's growingeconomic
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Australia, NZ, Asean launch FTA talks
Australian Trade Minister Mark Vaile launched talks here Monday aimed at sealing a free trade pact between the 10-member Association of South-East Asian Nations (Asean), Australia and New Zealand.
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WB warns oil cash no cure for job woes
A cash bonanza from higher oil prices will fail to create millions of jobs needed across the Middle East unless governments take tough reform decisions to lessen their dependence on energy, the World
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China to set up $6b stock stabilising fund
China will create a $6 billion stabilisation fund by June in its boldest move so far this year to support moribund markets, but a lack of detail could keep investors sidelined, state media and analysts
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Novartis becomes top generics maker
Novartis AG has become the world's biggest copy-cat drugs maker by agreeing to buy unlisted German firm Hexal and US company Eon Labs in a cash deal worth a total of more than $8 billion.
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Dollar broadly steady
The dollar held broadly steady on Monday as markets awaited this week's US data for clues how fast interest rates need to rise to counter inflation, while it hit a 22-year low against the high-yielding
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SingTel to sell four properties worth $194m
Singapore Telecommunications (SingTel) said Monday it would sell four local properties worth 316.3 million Singapore dollars (194 million US) to use its financial resources more effectively.
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Sri Lanka buys 12,000 tonnes Indian corn
Sri Lanka has bought about 12,000 tonnes of Indian corn for March shipment but more deals are unlikely to materialise soon because of rising domestic prices in the South Asian exporter, traders said yesterday.
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Total chief urges greater access to Opec reserves
The chief executive of French energy giant Total believes Western oil companies must have better access to oil and gas reserves in Opec countries and Russia to continue increasing their output, according
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