News - Category 'Business'
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Dubai to Build World's Tallest Building
The Dubai-based real estate developer Nakheel announced Sunday that it plans to build a one- kilometer-high tower in the commercial and financial hub of the United Arab Emirates (UAE), Emirates News Agency reported.
Monday 06 October 2008 - 20:53:36
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Global Fears of a Recession Grow Stronger
When the White House brought out its $700 billion rescue plan two weeks ago, its sheer size was meant to soothe the global financial system, restoring trust and confidence. Three days after the plan was approved, it looks like a pebble tossed into a
Monday 06 October 2008 - 20:51:57
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Asia to set up $80 bln fund
Korea, China, Japan and ASEAN countries are set to expedite a previously-established plan to form and administer an $80 billion fund for use in any Asian financial emergency, said South Korean Deputy Finance Minister Shin Je-yoon yesterday. The $80 b
Monday 06 October 2008 - 20:21:17
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US House approves Wall St bailout
The US House of Representatives set aside doubts that prevailed a few days ago and passed a landmark US$700 billion (HK$5.46 trillion) Wall Street bailout bill that President George W Bush promptly signed into law.
Saturday 04 October 2008 - 20:41:55
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European stocks close sharply higher on US vote hopes
European stock markets closed sharply higher Friday as hopes the US Congress will pass a multi-billion-dollar bank rescue package offset a much weaker-than-expected US employment report.
Saturday 04 October 2008 - 20:41:26
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Two more banks raise rates
Dah Sing Bank and its subsidiary, Mevas Bank, announced its mortgage rate for HK$1 million will be revised up by 50 basis points to prime minus 2.25 percent, or 3.25 percent, plus a maximum rebate of 0.5 percent, effective today.
Saturday 04 October 2008 - 20:41:11
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A New Way for Business People to Learn Chinese
BEIJING – Chinese language teachers in Beijing don’t need to apply for work visas to teach in the United States anymore. From an office in west Beijing they can teach their mother tongue through the Internet language school eChineseLearning to Americ
Friday 03 October 2008 - 23:10:48
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