OAS to support Colombia in improving ties with neighboring countries

August 26, 2010 11:23 am· Comments Off on OAS to support Colombia in improving ties with neighboring countries 

BOGOTA, Aug. 25 — Secretary General of the Organization of American States (OAS) Jose Miguel Insulza said Wednesday the bloc would give all possible support to Colombia so that it maintained good relations with its neighboring countries.

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Safety concern rises as Australian troops to aid Pakistan unarmed

August 26, 2010 11:23 am· Comments Off on Safety concern rises as Australian troops to aid Pakistan unarmed 

CANBERRA, Aug. 26 — An Australian defense health team heading into flood and insurgency-ravaged Pakistan will be unarmed and relying on the Pakistani military for security, the defense said on Thursday.

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U.S. confirms Carter's private mission on detained American: State Dept.

August 26, 2010 11:23 am· Comments Off on U.S. confirms Carter's private mission on detained American: State Dept. 

By Hwang Doo-hyong

WASHINGTON, Aug. 26 (PNA/Yonhap) — The United States Wednesday confirmed former President Jimmy Carter is in North Korea on a private mission to free an American held for trespassing.

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Gold settles at 8-week high as U.S. data adds to gloomier economic outlook

August 26, 2010 11:23 am· Comments Off on Gold settles at 8-week high as U.S. data adds to gloomier economic outlook 

CHICAGO, Aug. 26 — Gold futures on the COMEX Division of the New York Mercantile Exchange extended gains and settled at eight-week high on Wednesday, as a wave of slack economic data intensified fears of a double-dip recession and pushed investors to the perceived safety of the precious metal. Silver and platinum both advanced.

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One in five small businesses in Greece faces imminent closure danger due to economic crisis

August 26, 2010 11:23 am· Comments Off on One in five small businesses in Greece faces imminent closure danger due to economic crisis 

ATHENS, Aug. 26 — One in five small businesses in Greece faces the danger of closure in the following months due to economic crisis which has hit hard the country, according to a survey released on Wednesday by GSEVEE, a union representing small businesses.

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Gulf Arab markets hit by U.S. economic data

August 26, 2010 11:23 am· Comments Off on Gulf Arab markets hit by U.S. economic data 

DUBAI, Aug. 26 — Global woes about the U.S. economy did not spare Gulf Arab stock markets from losing Wednesday.

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Dollar trades at upper 84 yen range in Tokyo

August 26, 2010 11:23 am· Comments Off on Dollar trades at upper 84 yen range in Tokyo 

TOKYO, Aug. 26 — The U.S. dollar traded at the upper 84 yen level Thursday in Tokyo, up from its level in New York overnight.

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ASEAN economic ministers to conduct joint investment promotions

August 26, 2010 11:23 am· Comments Off on ASEAN economic ministers to conduct joint investment promotions 

JAKARTA, Aug. 26 – ASEAN economic ministers have agreed to facilitate investment inflows to the region by conducting joint investment promotion campaigns, the Indonesian Trade Ministry said.

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Japan's primary industry products exports resume growth

August 26, 2010 11:23 am· Comments Off on Japan's primary industry products exports resume growth 

TOKYO, Aug. 26 — Japan's exports of agriculture, forestry and fisheries products resumed year-on-year growth in the first half of this year after a decline under the global recession.

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BOK chief warns against inflation risks

August 26, 2010 11:23 am· Comments Off on BOK chief warns against inflation risks 

NEW YORK, Aug. 25 — South Korea will likely face growing inflation risks amid a solid economic recovery, the chief of the country's central bank warned Wednesday, hinting at an additional rate hike.

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