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Business
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WTO Talks
Apec to issue statement
Leaders of the Asia-Pacific Economic Cooperation forum will issue a special statement on the ongoing Doha Round of global trade negotiations under the World Trade Organization, a report said.
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Oil firms over $61
Oil firmed over $61 a barrel after data showed the United States was shrugging off high oil prices and the rapidly expanding Chinese market was burning more fuel.
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BOC Bangladesh co-sponsor of Medexpo-2005
BOC Bangladesh, a member of BOC Group plc of the UK, has become co-sponsor of 'Medexpo-2005', an international medical and dental equipment and pharmaceutical products and healthcare services exposition
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Bank of Thailand raises growth forecast
Thailand's economy is expected to grow 4.25-4.75 percent this year, the Bank of Thailand projected Friday, revising upward its latest growth forecast but also predicting an uptick in inflation.
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WTO rules against EU banana tariff
The World Trade Organisation on Thursday struck down a proposed European Union tariff on bananas, saying it was too high to allow fair competition from Latin American exporters.
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Emirates celebrates 20th anniversary
Dubai-based Emirates Airlines, which contributed US$25 billion to the UAE economy in the past two decades, celebrated its 20th anniversary of operations on October 25.
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China, Chile end free trade talks
Chile, the world's no. 1 copper producer, concluded negotiations Friday for a free trade agreement with China, its top customer for the red metal, and expects to formalise the agreement next month.
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Saudi Arabia gets nod for WTO entry by year-end
Saudi Arabia, the top global oil exporter, won the go-ahead from major trading nations Friday to join the World Trade Organisation (WTO), probably by mid-December, after 12 years of tough on-off negotiations.
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Nafta Ruling on Canada Softwood
US seeks delay, clarification
The United States said Friday it would seek a delay in the implementation of a Nafta ruling in a hotly contested dispute over softwood lumber trade with Canada.
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Eurozone inflation to ease slightly in October
Eurozone inflation over 12 months is expected to ease in October to 2.5 percent from 2.6 percent in September, according to an estimate by the European Union's statistics agency on Friday.
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WB urges Philippines to implement tax expansion
Despite oil price fueled inflation, President Gloria Arroyo must insist on the full collection of a key consumption tax that aims to improve the Philippines' fiscal state, the World Bank said Friday.
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