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Qantas says it will cut 500 jobs as it relocates its heavy maintenance and engineering work out of Melbourne. (read the story…)
The Hong Kong stock market has closed lower now in three straight sessions, giving away more than 950 points or 4.7 percent in that span. The Hang Seng Index finished just above the 18,950-point plateau, and how analysts are predicting further selling pressure at the opening of trade on Monday. (read more…)
Iran is dedicated to annihilating Israel, the Islamic regime’s military chief of staff declared Sunday. (read more…)
Deputy Iranian Oil Minister for Research and Technology said Iran would be placed among the five top countries with drilling industry by the end of the 5th development program (2016). (read more…)
New York, May 17 2012 – The United Nations Food and Agricultural Organization (FAO) today welcomed Saudi Arabia’s contribution of $66 million to implement its technical assistance projects in the country, which aim to benefit small-scale agricultural producers and fishermen. (read more…)
SEOUL, May 21 (Bernama) — The Vietnamese People Association officially opened its headquarters in Incheon city about 50 km east of Seoul in South Korea on Sunday, Vietnam news agency reported. (read the story …)
Goldman Sachs said it recommended buying quality Singaporereal estate investment trusts (REITs) with attractive dividendyields as the market emphasises a defensive posture. "Alongside a rising SGD … (read the story …)
Singapore shares were flat at midday, with analysts advisinginvestors to buy stocks that offer high yields and stable cashflows to ride the volatile markets amid euro zone jitters. The Straits Times Index … (read the story …)
Broker Maybank Kim Eng said plunging global markets havemade equity valuations attractive again and opportunities forbottom-picking are emerging. The Straits Times Index was down 0.2 percent at2,774.10 … (read the story …)
Millions of Asians watched as a rare “ring of fire” eclipse crossed their skies early Monday. (rwad on here …)
Thousands turned their eyes to the sky on both sides of the Pacific to gaze excitedly as a partial eclipse occluded the sun at dawn in Asia and at dusk in the western United States. (rwad on here …)
Pakistan restored access to Twitter after briefly blocking the microblog over “blasphemous” posts about a Facebook competition involving caricatures of the Prophet Mohammed. (rwad on here …)
Spain’s Azahara Munoz defeated Taiwan’s Candie Kung 2 and 1 in Sunday’s final to capture the $1.5 million LPGA Sybase Match-Play Championship and claim her first LPGA title. (rwad on here …)