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Business
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CityCell signs deal with Inforev
CityCell has signed an agreement with Inforev Limited under which Inforev will become the content provider of the cellular phone company’s SMS Push-Pull based news and information Services .
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Standard Bank declares 15pc stock dividend
Standard Bank Limited has declared a 15 percent stock dividend for its shareholders for the year 2003. The declaration was made at the bank's 5th annual general meeting held in Dhaka recently.
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Asia a 'hot zone' of private banking acquisition
Asia Pacific is a "hot zone" of private banking acquisition activity as international players think the region has the most global potential for wealth creation, according to a survey by KPMG Thursday.
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US vows tough enforcement of trade laws on China
US commerce secretary Don Evans vowed "tough" enforcement of US trade laws yesterday, one day before his department is due to make a preliminary decision whether to impose potentially massive import duties
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New IMF chief set for significant visit to Asia
IMF chief Rodrigo Rato heads for Asia next week in his first official trip since taking the helm of the fund, underscoring the region's key role in maintaining economic and financial stability.
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Indian communists want left-friendly budget
Minister vows more reforms
India's communists, who provide crucial support to the new government, Friday sought to roll back a price hike in politically sensitive fuel prices as the commerce minister pledged more liberalisation
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ROK prepares $5b economic stimulus
South Korea's finance and economy minister said Friday that the government will seek nearly five billion dollars in supplementary spending to help stimulate the flagging economy.
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Oil market balanced on knife's edge
The recent sabotage of Iraq's oil pipelines has raised fresh concerns about production capacity and room for maneuver in case of a crisis amid firm global oil demand.
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Beijing's famous silk market to be demolished
Beijing's famous outdoor silk market, stacked with fake brand name goods, is set to be demolished and moved to an indoor site because of concerns over fire dangers, state media said Friday.
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US, EU textile groups seek WTO action on China
European textiles firms, fearful of a flood of Chinese imports, said Thursday they want a special monitoring system to be put in place and for trade barriers to be raised if necessary.
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Funding Oil, Gas, Mining Projects
WB urged to protect interest of the poor
The World Bank's response to a review of its funding of oil, gas and mining projects should represent the interest of the world's poor, the report's author said Thursday.
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Eurozone posts 122pc rise in April trade surplus
The eurozone posted a trade surplus of 6.0 billion euros (7.2 billion dollars) in April, a rise of 122 percent from the year-earlier surplus of 2.7 billion, EU statistics office Eurostat said Friday.
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