• World Biz  |  SEPTEMBER 21, 2014 4:11 PM

    Microsoft delays launch of its Xbox One in China

    Story by
    www.reuters.com

    Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world’s biggest software company said it would be released by the end of the year. Microsoft did not give a reason …

     
  • World Biz  |  SEPTEMBER 21, 2014 4:07 PM

    China will not alter its economic policy

    Story by
    www.reuters.com

    China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday. Lou made the remarks at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from …

     
  • World Biz  |  SEPTEMBER 21, 2014 4:02 PM

    EU, IMF in no mood for a Greek debt haircut

    Story by
    www.reuters.com

    Greece’s international creditors have no appetite for considering a haircut as a way to lighten its debt load, the head of the European Stability Mechanism, the euro zone’s bailout fund organisaton, told Greek Sunday newspaper Realnews. Athens is anticipating further debt relief measures from …

     
  • World Biz  |  SEPTEMBER 21, 2014 3:05 PM

    S.Korea exports-imports rose nearly 10pct

    Story by
    www.reuters.com

    South Korean exports and imports from Sept. 1-20 rose by nearly 10% each from the comparable period last year, official data showed on Sunday, an encouraging sign for the Korean and global economies. South Korean exports for the period rose 9.5%to US$29.748 billion and …

     
  • Commodities & World Biz  |  SEPTEMBER 19, 2014 9:51 PM

    Thailand aims to resolve rubber problems in 2-3 years

    Story by
    www.bernama.com

    Thailand, one of three largest rubber producers in the world, is looking to resolve the issues of high rubber stockpile and low prices within 2-3 years. “I think it will take 2-3 years to resolve all the rubber problems because …

     
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