Markets to play it safe ahead of budget | AUSTRALIAN share traders are expected to remain cautious ahead of tomorrow night's federal budget and the mid-week release of quarterly wage data. | Despite another sizeable loss on Wall Street on F... (photo: AP / Mark Baker)The Australian
World's largest Islamic reinsurance company set up in Dubai ABU DHABI, May 11, 2008 (Xinhua via COMTEX News Network) -- Dubai Group, the financial services unit of the government-owned investment company Dubai Holding, has launched the world's largest Islamic ... (photo: WN / Guillaume Poulet-Mathis)Insurance Newsnet
Malaysia's subsidy bill soars to $15.6 billion TOOLS | KUALA LUMPUR, Malaysia - Malaysian government subsidies for gasoline, food and other essential goods are expected to hit $15.6 billion this year as global prices soar, Prime Minister Abdullah ... (photo: WN / Periasamy)Houston Chronicle EconomyFoodMalaysiaPhotosSociety
Olympics to boost Chinese energy demand | LONDON - The 2008 Beijing Olympic Games will boost China's rampant demand for energy, threatening to push world oil prices beyond current record heights, according to industry analysts. | Crude pric... (photo: WN)Khaleej Times ChinaEnergyOlympicsPhotosSociety
Vietnam building second oil refinery Written By:AFP , Posted: Sat, May 10, 2008 | Energy-hungry Vietnam started building its second oil refinery on Saturday, a 6.2 billion dollar comple... (photo: AP Photo)Kenya Broadcasting Corp EnergyKuwaitOilPhotosVietnam
Iran woos Farsi-speaking nations | By Kaveh L Afrasiabi | There are many interrelated reasons why the United States policy of isolating Iran has failed, one being the prominent regional role played by Te... (photo: WN.Jamal Penjweny)Asia Times IranPeoplePhotosPoliticsUSA
An oil-addicted ex-superpower | By Michael T Klare | Nineteen years ago, the fall of the Berlin Wall effectively eliminated the Soviet Union as the world's other superpower. Yes, the USSR as a politic... (photo: AP / Alexander Zemlianichenko)Asia Times DefenceOilPhotosUSUSSR
Hong Kong stock index drops 1.5 percent | HONG KONG—Hong Kong's key stock index dropped its third straight session Friday as investors sold real estate companies. | The blue chip Hang Seng Index fell 386.... (photo: AP / Kin Cheung)The Boston Globe AsiaBusinessMarketPhotosStock
