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Editorial: Reversal is not enough
Published December 5, 2008, 2:38 am, Business Standard India
Ending the ban on futures trading in four agricultural commodities — rubber, chana (chickpea), potato and soyabean oil — is a welcome indication of the government’s intent to resume agricultural marketing reforms, halted under pressure from the Left. But the government is still in two minds, it would seem, because the bar on derivatives trading in four other farm commodities, including rice, ...
S.Lanka's ComBank says oil hedge case risk is $8.9 mln
Published December 5, 2008, 2:05 am, The Forex Market
COLOMBO, Dec 5 (Reuters) - Commercial Bank of Ceylon said on Friday its total risk would be $8.93 million if Sri Lanka's top court permanently suspends an oil hedging contract, news that helped drive its shares down more than 6 percent.
High-profile pair push for ethanol subsidies
Published December 4, 2008, 11:59 pm, The Argus Leader
WASHINGTON - The federal government should continue its commitment to ethanol and lift tariffs on international imports, a South Dakota ethanol company executive and a former senator said Thursday. Jeff Broin, chief executive officer at Poet, a Sioux Falls-based ethanol company, and former South Dakota Sen. Tom Daschle said the federal government should extend ethanol subsidies and pay them to ...
05-12-2008: Exports falling faster than expected
Published December 4, 2008, 10:57 pm, The Edge Daily
KUALA LUMPUR: Malaysia’s exports are decelerating faster than expected, with the October numbers showing a 2.6% decline year-on-year and surprising economists who had expected a 4% to 6% growth instead.
Jan-Oct trade hits RM1 trillion
Published December 4, 2008, 9:15 pm, The New Sabah Times
KUALA LUMPUR : Malaysia’s total trade for the first ten months hit the RM1 trillion mark, although exports in October fell 2.6 percent to RM53 .46 billion compared with the corresponding month in 2007, while imports dropped by 5.3 percent to RM43 .84 billion.
Travel
Published December 4, 2008, 3:55 pm, The West Australian
The Federal Government wants Australians to take a holiday to help save the economy, as new figures emerged showing consumers were taking a break from buying cars or building new homes.
Downside Risks Persist For Malaysian Stocks
Published December 4, 2008, 3:53 pm, Nasdaq
(RTTNews) - One day after snapping the three-day losing streak that saw it give up more than 20 points or 2.5 percent, the Malaysian stock market headed back to the downside again on Thursday.
Take a holiday, the latest economy tip
Published December 4, 2008, 3:42 pm, The West Australian
The Federal Government wants Australians to take a holiday to help save the economy, as new figures emerged showing consumers were taking a break from buying cars or building new homes. Tourism Min
Lower demand for E&E, commodities dampens exports
Published December 4, 2008, 3:25 pm, The Star
KUALA LUMPUR: Lower demand for Malaysia’s electrical and electronic goods (E&E) and commodities such as oil and palm oil led to a drop in exports in October.
U.S. polluters to pay record $11.8 billion in 2008: EPA
Published December 4, 2008, 2:57 pm, Reuters via Yahoo! UK & Ireland News
U.S. Environmental Protection Agency enforcement actions during the 2008 budget year resulted in a record $11.8 billion in pollution controls and projects to clean up the environment, the agency said on Thursday.
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