Asian Paints shuts down chemical plant in Gujarat

According to a source close to development, "The temporary closure is due to fall in demand of chemicals globally and there is enough inventory for current needs." He added that duration of the closure could be...

BSE NSE Holidays - Indian Stock Markets Closed for Sikh Religious Holiday

Indian stock markets are closed today, Thursday 13th December 2008 on account of Gurunanak Jayanti (Birthday of Sick Religious Guru Gurunanak Dev). Following are the other days including today when the stock markets...

Asian Markets Spike On China Stimulus Package

"Asian stock markets rose sharply after China announced a $586 billion economic stimulus package aimed at countering the effects of the global slowdown on China's booming economy. One analyst described the massive package, which was bigger than expected, as a New Deal with...

Governor of Pakistan's central bank listed among 10 outstanding Asian women l...

Dr. Shamshad Akhtar, the governor of Pakistan's central bank, has been listed in the ten outstanding women leaders in Asia. "KARACHI: State Bank of Pakistan (SBP) Governor, Dr. Shamshad Akhtar has been listed among...

Boa::Eat You Up - YUM! OUT TODAY!!!

"Boa::Eat You Up - YUM! OUT TODAY!!! 21 10 2008 Update: BoA comes out today!!! Be sure to grab it like its HOTTT! Thanks to BoA’s Jewelry Box for updates! 10.14.2008. That will be the anticipated release date of BoA’s 1st US...

Calgary's baby elephant dies

Zoo officials at Calgary have been struggling with the deaths of various animals in since 2004. A number of animals icluding a hippopotamus, several gorillas, more than 40 stingrays, and another young elephant...

Nanao Singh clinches gold for India

"Thokchom Nanao Singh continued his blazing form and stunned Cadet World Championship bronze medallist Grigoriy Nikolaychuk of Russia 15-5 to clinch the gold at the inaugural AIBA Youth World Boxing Championships in Guadalajara, Mexico. The Army boxer ended up being India’s...

U.S. Has Plundered World Wealth With Dollar: China

The move to end the dominance of the US dollar as the default currency for global trade is picking up steam.  One of China's most respected government newspapers has accused the USA of using the greenback to...

Asia stock markets surge after Fed rate cut

"Asian stock markets surge after Fed rate cut; South Korean index up 12.7 percent HONG KONG (AP) -- Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy...

Arkansas teen's jaw broken by flying fish

15-year old Arkansas teen, Seth Russell, was knocked unconscious and his jaw was broken when a Silver Asian carp flew out of the waters of Lake Chicot, striking him square in the face.""He doesn't remember anything...

US markets fall amid global fears

Confidence on financial markets continue to erode under the US recovery plan. " US stocks have fallen once again at the end of a volatile day's trading on global markets amid continuing fears over the world...

2.7m Chinese to lose jobs with deepening economic slowdown

Despite the talk of insulated, Chinese economy is also deeply affected with current global economic crisis. World's fastest growing economy is sputtering into an economic slowdown. World is hinging high hope on China to bail out from the current crisis. China's export sector...

Asian markets continue to slide; Nikkei down 414pts

Asian markets are once again down deep into red despite some bounce back on the Wall Street. Asian stock markets suffered fresh losses on Friday as fears grew that the financial crisis is taking a heavy toll on corporate earnings in the region. " ASIAN stock markets...

Asian stock markets rally on new bail out hopes

The Stock market in Asia are rallying with fresh hopes of new bail out packages. The gains in the region picked up due to the government pledges worldwide to bail out their financial sector, along with efforts to inject liquidity. New measures are expected to fend off the...

Plan for Asia crisis fund failed

After the idea of creating a European bank bailout fund,  to work together to support financial institutions, failed, There was an attempt by Asian economies led by members of Association of Southeast Asian Nations (ASEAN) to form a combined bail out fund for a...

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