Vol. 5 Num 923 Sun. December 31, 2006    
 
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Business
 
Stocks weather political turbulence in 2006
The overall capital market scenario looked stable throughout the year 2006 despite political uncertainty especially at the fag end.
 
Commodities mixed at end of record-breaking 2006
Crude futures tumbled in a mixed week for commodities, at the end of a year in which many raw materials saw their prices strike record highs.
 
France opens economy to EU newcomers
France has decided to open up seven sectors of its economy to workers from Romania and Bulgaria when the two eastern European countries officially join the EU bloc on January 1, the labour ministry announced
 
Bush okays US-Vietnam trade measure
US President George W. Bush on Friday signed a proclamation formally extending full US-Vietnam trade ties and made the former foe eligible for US military aid, key steps in normalizing relations.
 
World stock markets savour 2006 gains
World stock markets saw a return to good times in 2006, with record highs, huge profits and a whiff of the heady days not seen since the dot-com boom.
 
India's external debt increases
Higher external commercial borrowings, NRI deposits and short-term debt pushed up India's external debt by 3.3 percent to USD 136.5 billion in September 2006 compared to the previous quarter.
 
ROK-Pak trade volume stands at $843m
The volume of bilateral trade between Korea and Pakistan has amounted to 843 million dollars in the first 10 months of the current calendar year.
 
Slovenia ready for changeover to euro
Slovenia is ready for the changeover from the tolar to the euro on January 1 and expects to benefit strongly as the 13th member of the European Monetary Union (EMU), Slovenian Finance Minister AndrejBajuk
 
China to expand expressway network by 2010
China plans to expand its national expressway network by more than 50 percent by the year 2010, adding new highways as long as all those in Canada and Germany combined, state media said Saturday.
 
Tourist arrivals in Thailand up 18pc in 2006
Tourists shrugged off Thailand's political woes in 2006 and poured into the country in record numbers, sending arrivals up 18.5 percent to 13.65 million, the tourism authority said Saturday.
 
Vietnam posts 8.2pc growth
Vietnam's economy grew nearly 8.2 percent in 2006 compared to the previous year, one of the fastest rates in Asia but slightly below last year's figure, official statistics showed Friday.
 
India to set up $500m power plant in Lanka
India's state-run National Thermal Power Corporation (NTPC) has signed a memorandum of agreement (MoA) with Ceylon Electricity Board (CEB) and Sri Lankan government to set up a 500MW coal-based thermal
 
Mitsubishi, GE to tie up on wind, nuclear power
Japan's Mitsubishi Heavy Industries plans to work with US conglomerate General Electric on nuclear and wind power generation ventures, a newspaper said Saturday.
 

 
   
 
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