Business News

Philippines to buy rice from Vietnam, SKorea

AP - Saturday, November 7

MANILA, Philippines - The Philippine government has decided to buy rice from Vietnamese and South Korean companies to cover a shortage caused by recent back-to-back typhoons, a spokesman said Friday.

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  • Chinese premier: Africa trade push is 'selfless'

    AP - 1 hour 32 minutes ago

    SHARM EL-SHEIK, Egypt - China's premier stressed Saturday that his country's push to boost already burgeoning trade ties with Africa was "sincere and selfless," as the Asian powerhouse battled criticism its quest for natural resources was at the expense of the poverty-ravaged continent.

  • China presses developed world on economic policy

    Reuters - 2 hours 59 minutes ago

    ST ANDREWS, Scotland, Nov 7 (Reuters) - China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making.

  • Sri Lanka buying gold 'to diversify reserves'

    Sri Lanka buying gold 'to diversify reserves'

    AFP - Sunday, November 8

    COLOMBO (AFP) - - Sri Lanka's central bank on Saturday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal.

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