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News & Updates

August 28, 2008
Lexis Nexis - AC
SEC OKs Plan That Could Lead To Global Accounting Rules; U.S. Firms Might Have To Follow International Guides


By: USA TODAY
Edward Iwata

Securities regulators on Wednesday gave the go-ahead to a plan that could require thousands of U.S. companies to change from U.S. accounting standards to global accounting rules that are quickly gaining favor abroad.

 


August 28, 2008
Lexis Nexis - AC
A Proudly American Shoe Company Ships Jobs To China

By: Christian Science Monitor
Michelle Nijhuis Correspondent

 

Paonia, Colo.

On the Chaco factory floor in western Colorado, workers are head down at sewing machines and sole trimmers - stitching, gluing, and shaping pair after pair of rubber-bottomed river sandals. The high-ceilinged room...


August 28, 2008
Lexis Nexis - AC
Despite Worries, China Mobile Profit Soars Exceeds Analyst Expectations It Still Dominates Its Home Market, But Government's Moves Add To Competition

By: Investor's Business Daily
REINHARDT KRAUSE

 

China Mobile reported profit jumped 51% in its latest quarter, above analyst views, sending its U.S. shares up 2.6% despite lower-than-expected sales.

The world's largest wireless service provider by subscribers reported a net...


August 28, 2008
Lexis Nexis - AC
Chinese Dissidents Push For New Political Climate; Jailed Or Punished During Games, Vow To 'keep Fighting'

By: USA TODAY
Calum MacLeod

 

BEIJING -- Zeng Jinyan, a blogger and wife of jailed human rights activist Hu Jia, missed out on the big Olympics bash.

The day before the opening ceremony, police removed Zeng, 24, and her infant daughter from the Chinese...


August 28, 2008
Lexis Nexis - AC
FROM OUR BLOGS; Increasing Strength Of Dollar Comes With Some Foreign Aid

By: Los Angeles Times
Tom Petruno, Times Staff Writer

 

The way things are going with the dollar, the cost of a London, Paris or Australia vacation may soon be back within the realm of possibility for some Americans.

The formerly weakling greenback has been on a hot streak since...


August 27, 2008
Lexis Nexis - AC
DEVELOPMENT: FOOD, FUEL AND WATER CRISES BEGIN TO CONVERGE


By: IPS - Inter Press Service
Thalif Deen

The scarcity of water is posing a threat to the food supply, just as the agricultural sector is stepping up production in response to riots over food prices, growing hunger and rising malnutrition. A senior official of a World...


August 27, 2008
Lexis Nexis - AC
Pirates Help Fund Somali Warlords

By: Christian Science Monitor
Rob Crilly Correspondent of The Christian Science Monitor

 

Somalia's modern-day pirates are using their lucrative trade to fund fighters on both sides of the country's escalating conflict, according to a maritime expert in Kenya.

Four ships were seized by gunmen in 48 hours last week...


August 27, 2008
Lexis Nexis - AC
Russia, Brazil Markets Seek New Foothold

By: Investor's Business Daily
DONALD H. GOLD

 

Beware the two-edged sword. Emerging markets thrive on world growth. So when that growth slows, as it has now, those economies -- and stocks -- can get whacked.

 


August 27, 2008
Lexis Nexis - AC
The World; Fears Of A Hezbollah Presence In Venezuela; The Lebanese Militia May Be Using Chavez's Ties With Its Ally Iran To Expand Its Network, Terrorism Officials Say.

By: Los Angeles Times
Chris Kraul, Sebastian Rotella, Times Staff Writers

 

Western anti-terrorism officials are increasingly concerned that Hezbollah, the Lebanon-based Shiite Muslim militia that Washington has labeled a terrorist group, is using Venezuela as a base for operations.

Linked to deadly...


August 26, 2008
Lexis Nexis - AC
AUSSIE INVESTORS GET QUICKER AND CHEAPER ACCESS TO US SHARE MKT

By: Asia Pulse

 

Mum and dad investors can now get quicker and cheaper access to the American share market under a new deal between the US and Australia.

Corporate Governance Minister Nick Sherry overnight signed a mutual recognition agreement...


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