May 7, 2011
Pakistani Islamists chant anti-US slogans holding a picture of Osama bin Laden during a protest outskirt Quetta. Al-Qaeda and Islamic militants have vowed to avenge the killing of Osama bin Laden by US commandos, declaring him a “martyr” and calling on Muslims to rise up against the United States. But US President Barack Obama swept [...]
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May 8, 2009
U.S. regulators Thursday unveiled the long-waited results of the government’s stress tests and urged 10 of the nation’s 19 largest banks to raise about 75 billion dollars in new capital to withstand future losses if the recession worsened. Federal Reserve chairman Ben Bernanke said the results “should provide considerable comfort to investors and the public,” [...]
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February 17, 2009
Japan will provide about US$1 billion in aid to companies in developing nations as the global financial crisis makes it difficult for them to raise funds, Finance Minister Shoichi Nakagawa said. The state-owned Japan Bank for International Cooperation, or JBIC, will extend loans to financial institutions in developing countries, particularly in the Asian region, to [...]
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