Obama urges US corporate tax cut, closing loopholes
US President Barack Obama made an opening offer in what could be a long negotiation with corporate America on Wednesday, putting forward his first detailed plan to cut the corporate tax rate.
Romney challenges Santorum in TV debate
Mitt Romney and Rick Santorum, who has emerged as Romney's leading challenger in the Republican presidential race, have clashed over taxes and spending in possibly the final debate of the campaign to challenge President Barack Obama.
Cherie Blair suing over phone hacking
Cherie Blair, the wife of former British prime minister Tony Blair, has became the latest high-profile figure to lodge a court claim over hacking of her phone.
CNOOC in JV talks for Uganda refinery
Stated-owned China National Offshore Oil Corp (CNOOC) is negotiating with Uganda to participate in the African country's first refinery, the China Daily reported on Thursday.
BP, Anadarko, Transocean may face US spill claims
BP and Anadarko Petroleum are liable and Transocean may be liable for civil damages under federal pollution laws over the catastrophic 2010 Gulf of Mexico oil spill, a US judge ruled.
Strauss-Kahn released by French police
French police have released former International Monetary Fund (IMF) chief Dominique Strauss-Kahn after nearly 30 hours in custody for questioning about a suspected hotel prostitution ring.
Lynas fights delay to Malaysia rare earths licence
Opponents of Australian rare earths miner Lynas' refinery in Malaysia have asked a court to delay start-up of its $US200 million plant and review the government's decision to give it a temporary licence.
Fed officials wary of excessive optimism
US central bank officials have good reason to be sceptical about the strength of the economy: excessive optimism has caught them flat-footed before.
US home resales at 18-month high in January
US home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.
JinkoSolar backs China to hit solar target early
A boom in solar power installations in China could mean the country reaches its new target for the renewable power source two years ahead of plan, an executive from JinkoSolar Holding Co said.
Buenos Aires commuter train crash kills 49
At least 49 people were killed and 600 more injured after a commuter train was derailed at a station during the morning rush-hour in Buenos Aires.
Boom’s glory days drawing to a close
Australia’s resources boom is beginning to fade and most analysts expect the iron ore price to halve over the next three years.
Share traders rush to open accounts
Last week 187,422 new Chinese investors opened share trading accounts, the highest weekly total in five months.
Australia set to become regional dunce
Education success in Asia presents Australia with new challenges about how to relate to a region that is being rapidly transformed.
Amazon’s towers to show strength
Amazon.com plans to build three commercial towers in Seattle, potentially increasing the city’s downtown office space by 7 per cent.
World Indices
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