Mitsubishi, Peugeot sign electric vehicle deal
(ChinaPost.com.tw) – Mitsubishi Motors said Monday it had finalized a deal to supply electric vehicles to Peugeot Citroen, just days after announcing it had decided against a capital alliance with its French partner.
British economy faces ‘high’ risk of relapse: business group
(ChinaPost.com.tw) – Britain, which emerged from recession in the final quarter of 2009, faces a “high” risk of relapse, and below-average growth in the next two years, the British Chamber of Commerce warned on Sunday.
UK should balance budget sooner, avoid cuts now: CBI
(ChinaPost.com.tw) – British Finance Minister Alistair Darling should balance the public finances sooner than planned but is right to avoid big cuts this year to protect the fragile recovery, the Confederation of British Industry (CBI) said.
IPhone network congestion opens market for Time Warner Cable
(ChinaPost.com.tw) – IPhone users coping with jams on ATandT Inc.’s network may get some relief from an unexpected quarter: cable companies.
Dubai World to seek loan delay in talks, bankers say
(ChinaPost.com.tw) – Dubai World, the state-owned holding company in talks to renegotiate about US$26 billion of debt, will ask banks for permission to delay loan repayments when it presents a plan to creditors this month, said three bankers familiar with the negotiations.
Gates praises troops in southern Afghanistan
(ChinaPost.com.tw) – U.S. Defense Secretary Robert Gates told a hard-hit battle unit Tuesday that its heavy losses have helped the U.S. begin to push back against the Taliban in southern Afghanistan.
Japan confirms Cold War-era ’secret’ pacts with U.S.
(ChinaPost.com.tw) – A Japanese government-appointed panel on Tuesday confirmed the existence of once-secret Cold War-era pacts between Japan and the U.S. on nuclear arms and other issues, ending decades of official denial by Tokyo.
President wants DOH head to stay on
(ChinaPost.com.tw) – President Ma Ying-jeou would like to see Department of Health (DOH) Minister Yaung Chih-liang stay on, and he supports the rejection of Yaung’s resignation by the premier, a Presidential Office spokesman said Tuesday.
Indonesia’s president in Australia for talks
(ChinaPost.com.tw) – Indonesia’s president arrived Tuesday for his first official visit to Australia, where he will attempt to ease tensions between the two countries over a surge in asylum seekers using Indonesia as a launch point for Australian shores.
Strong quake kills 57 in eastern Turkey
(ChinaPost.com.tw) – A powerful earthquake in eastern Turkey on Monday buried villagers as they slept in mud-brick houses, killing at least 57 and injuring dozens more, officials said.