Archive for March 24th, 2008


UAE to set up nuclear agency: reports

Posted by UK Economy News
In UK financial news
24Mar 08

The United Arab Emirates will set up an agency to assess and develop a civilian nuclear energy programme for the oil-rich Gulf state, local newspapers reported on Monday.
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South Korea's new president, Lee Myung-Bak, has said he backs a vast free-trade zone with Japan and China to boost the competitiveness of the three economic powers.
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Finishing out a ferocious quarter

Posted by UK Economy News
In UK financial news
24Mar 08

This is the last full week of the first quarter, when markets are normally driven at least in part by window dressing as professional investors seek to make their quarterly or annual performance look good to clients.
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JPMorgan said in talks to raise Bear bid

Posted by UK Economy News
In UK financial news
24Mar 08

JPMorgan Chase & Co was in talks to quintuple its offer to buy Bear Stearns to $10 per share in an effort to pacify angry Bear shareholders, The New York Times said on Monday.
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The United States is bracing for tough competition from Russia and China as cash-flush Asian economies look up to the trio for a new breed of fighter jets to beef up their air forces, experts say.
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