Russia will send Deputy Energy Minister Andrei Reus as an observer to the September 15 meeting of the Organisation of the Petroleum Exporting Countries (Opec), the energy ministry said on Monday.
India's top commercial bank, State Bank of India (SBI), hiked its fixed rates for home loans on Monday in what analysts saw as an indication other interest rates in Asia's fourth-largest economy are headed higher.
Amsterdam's Web surfers could soon be liberated from their home computers and Internet cafes, with plans by a start-up firm to make their city the first European capital where laptops can hook up anywhere to the Web.
German Economy Minister Wolfgang Clement said on Monday that a deliberately low exchange rate for the Chinese yuan was keeping prices of China's own goods artificially low but was not a sustainable policy.
Russian money supply registered a month-on-month decline for the first time in 18 months after a rise in capital flight following a mini-banking crisis in July, data showed on Monday.
A four-month improvement in New Zealand business confidence ended in August as more firms said they planned to increase prices and expected higher interest rates, according to a survey issued on Tuesday.
The Slovak central bank kept interest rates on hold for a second month on Monday although inflation was higher than expected in July, saying price rises should ease and allow room for more cuts in the long run.
Switzerland's economic recovery appears to be nearing its peak but markets are watching for indications that inflationary pressures are enough to convince the central bank to keep ratcheting interest rates higher.
Computer giant IBM has asked Switzerland's high court to block a Gypsy rights group's attempts to sue it for allegedly helping Nazi slaughter in World War Two, lawyers said on Monday.
South Korea's August exports will probably show a third straight month of slower annual growth, underscoring a risk of cooling shipments coinciding with sluggish domestic demand, a Reuters poll showed on Monday.
The US government on Monday signed agreements to provide Indonesia with 468 million dollars to develop its creaking health, education and environment sectors.
Iraq's southern oil exports are expected to remain reduced over the next five days as engineers work on repairing sabotaged pipelines linking oilfields to export storage tanks, an oil official said on Monday.
Japan's Supreme Court on Monday cleared the way for UFJ Holdings and Mitsubishi Tokyo Financial Group to merge by rejecting a bid to halt the deal by Sumitomo Trust and Banking, a court spokeswoman said.
Japan's Supreme Court on Monday cleared the way for UFJ Holdings and Mitsubishi Tokyo Financial Group to merge by rejecting a bid to halt the deal by Sumitomo Trust and Banking, a court spokeswoman said.
US consumer spending rebounded sharply in July, government data showed on Monday, erasing the disappointment of June and bolstering hopes that the US economy has recovered from its recent soft spot.
The German government is preparing changes to insolvency legislation intended to support so-called "true sale" securitisation of bank loans, Justice Minister Brigitte Zypries said on Monday.
India and Thailand will sign a deal Monday to eliminate tariffs on 82 goods by 2006 as a first step towards a free trade agreement, an Indian commerce ministry official said.
The World Trade Organisation's (WTO) top trade court on Monday rejected a US appeal against a ruling exonerating the export policies of the Canadian Wheat Board, diplomats and trade sources said.
Russian oil company Yukos said on Monday it would be able to cover only half of its $3.4 billion back tax bill by its deadline at the end of August but it would continue making payments in September.
Opec is doing all it can to stabilise the world oil market and will increase spare output capacity by about one million barrels per day (bpd) in the next few months, the president of the producer group said on Monday.
Canada's current account surplus widened in the second quarter to C$10.4 billion ($7.88 billion), from a revised C$8.25 billion in the first quarter, even though a big US acquisition by insurer Manulife led to large capital outflows, Statistics Canada sai
Japan's retail sales rose in July for the first time in five months, government data showed on Monday, as a heatwave helped boost sales of air conditioners and demand for televisions rose in the runup to the Olympics.
Anglo-Dutch oil giant Royal Dutch/Shell and China Petroleum and Chemical Corp (Sinopec Group) have launched a 187 million dollar service station joint venture, the companies said Monday.
Brazil, the world's largest producer of sugar-based ethanol, urged fossil-fuel dependent Asian nations to use more biofuel as a counter to high oil prices on Monday.
Taiwan stocks ended a touch lower on Monday, edging further away from an 8-week high on faltering electronics shares as most investors stayed out of the game in the final days of earnings season to avoid unwelcome surprises.
China's shares closed down 0.08 percent on Monday as investors cashed out of index heavyweights such as Baosteel. The benchmark Shanghai composite index, grouping foreign-currency B shares and local-currency A shares, finished at 1,319.533 points after ra
Seoul stocks ended lower on Monday, hit by profit-taking after five days of gains, as investors dumped shares in flat screen maker LG Philips LCD on concerns about weak demand amid growing inventories and supply pressure.
Hong Kong stocks gained 0.46 percent on Monday with China insurance and property shares the top performing sectors in quiet trade ahead of the US Republican convention and jobs report at the end of the week.
India's key share index rose in relief on Monday, with investor sentiment buoyed by a return to the roads of about 3 million trucks countrywide after the truckers' unions called off their week-old strike at the weekend.
Jakarta shares finished higher on Monday, helped by blue chips as investors started to selectively buy shares ahead of the second round presidential election next month, analysts said.
Manila stocks ended a touch lower on Monday as the market largely shrugged off better-than-expected economic growth data, still concerned that high inflation may cut second-half growth and dent corporate profits.
Singapore shares fell by more than half a percent on Monday to their lowest close in about a week, as a spike in oil prices sparked a selloff in select blue chips that had gained early on.
Australian stocks shed 0.1 percent on Monday after coming within a whisker of setting a new high, hindered by a batch of stocks including market heavyweight BHP Billiton which traded ex-dividend.
Malaysian shares shrugged off early losses to finish at a three-week high on Monday, boosted by market heavyweight Malaysia International Shipping Corp Bhd.
The Tokyo stock market's broad TOPIX index rose for the 10th straight session on Monday, its longest winning streak in 14 years, helped by confidence in Japan's economic recovery and strength in banking stocks.
The Bangladesh taka ended weaker on Monday as importers bought dollars for capital machinery purchases, despite an opposition strike that paralysed life across the country, dealers said.
The Indian rupee lost ground on Monday on routine month-end dollar demand from importers, though the weak spell was not expected to last with global oil prices easing.
The Swiss franc slipped against the dollar in early European trade on Monday as US economic data on Friday eased concerns the world's business engine might be stalling.
The dollar rose to a three-month high against the sterling on Monday after US economic data eased concerns that surging oil prices threatened growth, underpinning expectations of more rises in US interest rates.
The Australian dollar fell to its lowest level since late July on Monday, breaching key psychological support at 70 cents after the second-quarter current account deficit showed only a modest improvement.
The Hong Kong dollar traded on Monday close to its pegged level of 7.8 to the US dollar but there was insufficient activity to trigger an outflow of funds.
Italy scrambled fighter jets early Monday to intercept an Alitalia plane on its approach to Milan's Malpensa airport after an alert sparked by reports that a suspected terrorist was on board the flight.
The European Union claimed on Monday it was the true champion of the Athens Olympics, taking far more gold medals than the United States, the official winner of the most first places at the Games.
South African police fired rubber pellets at township youths who blocked a highway and burnt tyres on Monday in a rare protest over poverty and other grievances.
Russia on Monday denounced plans by Japanese Prime Minister Junichiro Koizumi to view four disputed islands from a boat outside Russia's territorial waters.
Turkey's government wants to make adultery a crime, the justice minister was quoted as saying on Monday - a proposal that has outraged the main opposition and women's groups.
The Burundian army accused troops from the Democratic Republic of Congo of shooting towards its recently reopened border on Monday, but Congo dismissed the incident as the acts of a mentally ill soldier.
A letter bomb addressed to a local politician exploded in the southern German town of Regen on Monday - the first device to explode in what police say they suspect is a four-month campaign by a mystery attacker.
Gunmen opened fire on Monday at a US diplomatic car near the US consulate in the Red Sea port city of Jeddah in Saudi Arabia but there were no injuries, a Western diplomat said.
Four people were arrested and 56 people, including the local mayor, were injured when police clashed with protesters trying to stop the construction of a incinerator near Naples, police said on Monday.
Croatia is considering a request to prosecute a former Macedonian interior minister over the murder of seven Asians who were made to look like Islamic militants bent on attacking Western targets.
A French court on Monday issued an arrest warrant for former leftist Italian guerrilla Cesare Battisti after he failed to report to police for regular checks.
Australian punters are defying opinion polls and backing Prime Minister John Howard to retain power in an October 9 election expected to become one of the country's major betting events in 2004, bookmaker Centrebet said Monday.
German judges at the retrial of a Moroccan man accused of plotting the September 11, 2001 attacks will consider how to proceed on Tuesday after one of the defence lawyers was critically injured in a motorcycle accident.
The African Union chairman, President Olusegun Obasanjo of Nigeria, said Monday that AU cease-fire monitors had confirmed reports of a recent attack on civilians by Sudanese forces in Darfur.
Typhoon Chaba tore across south-western Japan on Monday, killing at least five people and knocking out electricity for thousands as it swirled its way north, dumping heavy rain and whipping up huge seas.
Israeli Prime Minister Ariel Sharon failed on Monday to persuade his security cabinet to speed up a Gaza withdrawal agreed in principle by the government two months ago, political sources said.
Visiting German Foreign Minister Joschka Fischer called on Israel Monday to abide by the terms of the Middle East peace roadmap and freeze its settlement activity in the West Bank.
Republicans opened their four-day national convention on Monday with salutes to President George W. Bush's wartime leadership and repeated reminders of his response to the September 11, 2001, attacks.
Iranian supreme leader Ayatollah Ali Khamenei Monday said US forces fighting militia in Najaf were defeated by the "spiritual glory" of the Iraqi Shia holy city.
Chechnya's new leader vowed on Monday to rebuild the shattered region and crush extremists after winning an election condemned by a rights group as a show stage-managed by Moscow.
Turkey's top general warned on Monday the military was ready to fight any separatist or Islamic militancy it saw threatening the country's secular order and unity.
The Taleban warned on Monday of further deadly attacks in the run-up to Afghanistan's first presidential election after a car bomb in the heart of the capital killed up to a dozen people.
Bangladesh was brought to a standstill Monday by the fourth general strike in a week called by the opposition, which has stepped up its campaign to oust the government since an assassination attempt on its leader.
Libya appears to be earnest in its efforts to reveal the extent of its atomic bomb programme, the UN nuclear watchdog said in a report published on Monday.
The Congress-led coalition government in the southern Indian state of Karnataka agreed Monday to drop all charges against jailed firebrand Hindu nun Uma Bharti, a report said.
Vietnam has released nearly 9,000 prisoners, including 10 inmates whose cases it says had drawn international attention, as part of traditional pardons granted ahead of independence celebrations on September 2.
US oil prices held steady above $43 a barrel on Monday as Iraqi crude exports remained more than 30 percent below normal due to sabotaged pipelines, but dealers expected the market to weaken further from record highs.
NYBOT cotton futures settled Monday limit up on all-around buying after tropical storm Gaston struck cotton farms in the US and as a new hurricane loomed in the Atlantic, dealers said.
Gold defied a firming dollar and held steady in Asian trade on Monday, driven by a technical rebound after heavy liquidation in New York and hopes of safe-haven buying during this week's US Republican Convention.
US oil prices hit their lowest in more than a month on Monday on continued profit-taking as producer group Opec sought to increase its tight spare capacity and the US summer driving season approached its end.
US oil prices hit their lowest in more than a month on Monday on continued profit-taking as producer group Opec sought to increase its tight spare capacity and the US summer driving season approached its end.
The dollar rose against the yen but eased from three-week highs against the euro on Monday as investors waited for key economic data this week to shed light on the health of the US recovery.
US blue chips slid lower and tech stocks tumbled in extremely thin volume on Monday as security concerns surrounding the Republican convention in New York kept investors on the sidelines.
Prime Minister, Shaukat Aziz said that the government wanted to take all political parties along so that a collective effort could be made for the welfare and development of the people of Pakistan.
Deputy Chairman Senate, Khalil-ur-Rehman will act as Chairman Senate in the absence of Mohammedmian Soomro, Senate Chairman, who has proceeded abroad, it was officially announced here on Monday.
The two-day training workshop on Citizen Community Board (CCB), jointly organised by the National Commission for Human Development (NCHD) and Devolution Trust for Community Empowerment (DTCE), concluded here on Monday.
Justice Khilji Arif Hussain, Administrative Judge (AJ) of Anti Terrorism Courts (ATCs) for Karachi division on Monday remanded accused in kidnapping for ransom case to judicial custody till September 6.
The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Prime Minister Shaukat Aziz on Monday said Pakistan attached great importance to the ongoing composite dialogue process with India and was committed to making the process more substantive and purposeful.
Prime Minister Shaukat Aziz on Monday said Pakistan attached great importance to the ongoing composite dialogue process with India and was committed to making the process more substantive and purposeful.
Commander Karachi, Rear Admiral Asad Qureshi on Monday inaugurated the operation of new Mammography Machine of radiology department and extension of children ward of Pakistan Navy Hospital PNS Shifa.
Fourteen combined check posts of Customs, Frontier Corps (FC) and political administration on Pak-Afghan border in the tribal belt are going to become operational from Wednesday, September 1.
Sindh Governor Dr Ishrat-ul-Ibad has called for immediate steps for rehabilitation of 0.7 million plots in 54 sectors on 54,000 acres of land in Gulzar-e-Hijri, Scheme-33.