November 7, 2008

China continues climate change call to action

By: ABC News

China has stepped up its rhetoric on climate change, calling on Western countries to do more to tackle the problem.

November 7, 2008

China closes herbal drug firm linked to deaths

By: Reuters

China, battling to restore trust in its products amid a tainted milk scandal, has closed a local pharmaceutical company whose herbal injections have been linked to the deaths of three people.

November 6, 2008

European Banks Cuts Rates Sharply

By: The New York Times

Two central banks in Europe made aggressive rates cuts on Thursday, their second in less than a month, as they try to stimulate economies that are rapidly slowing.

First, the Bank of England cut its benchmark interest rate by...

November 6, 2008

General Electric, Caterpillar Push for Free Trade Under Obama

By: Bloomberg.com

-- General Electric Co. and Caterpillar Inc. say the Obama administration should keep trade as open as possible to help boost exports and should resist lawmaker calls for protectionism during the global financial crisis.

November 6, 2008

Transparent accounting rules could restore confidence amid crisis – UN

By: UN News Centre

The head of the United Nations Conference on Trade and Development (UNCTAD) today called for revising accounting and reporting standards to boost investor confidence amid the current global financial crisis, which he warned is...

November 5, 2008

Listed Firms in Japan Urged to Improve Corporate Governance

By: JCN Network

Listed companies in Japan are faced with growing pressure from both the government and overseas investors to improve corporate governance in the interest of their shareholders. The Financial Services Agency and the Ministry of...

November 5, 2008

European Clean Energy and Climate Change Interests Respond to Obama’s Rise

By: New York Times

Hopes soared in Europe on Wednesday for renewed momentum toward global cooperation on climate change following the election of Barack Obama as the next president of the United States.

November 5, 2008

Asia cheers Obama win, but Europe down

By: CNN Money

Major Asian markets ended lower Wednesday, but European stocks and U.S. futures fell after Democrat Barack Obama was projected to have been elected President of the United States.

November 4, 2008

Leaders, groups want upgrade of food safety alert

By: Newsday

Richard Lin, manager of the Warehouse Food Outlet in Hicksville, seemed shocked to learn recently that he had cookies on his shelves that had been on the Food and Drug Administration's recall list for almost two weeks because of...

November 4, 2008

Markets predict record ECB rate cut this week

By: Reuters

A sharply slowing euro zone economy has persuaded financial markets that the European Central Bank could slash interest rates by as much as 75 basis points this week to contain the fallout from the global financial crisis