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Archive for May 11th, 2008Bulgaria fears dirty money streaming in as foreign investmentPosted by UK Economy News
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11May 08 As EU newcomer Bulgaria aims to attract ever larger flows of foreign investment, authorities and analysts have raised fears that part of the money streaming into the country may have been laundered.
Read full story Chastened banks tighten up on lending: ECBPosted by UK Economy News
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11May 08 Anyone looking for a bank loan is finding it tougher because of the recent financial market turbulence and there is little short-term relief in sight, a European Central Bank survey shows.
Read full story Comments Off Genetically modified crops get mixed response in AsiaPosted by UK Economy News
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11May 08 With food prices hitting record highs the jury is still out in Asia as to whether genetically modified crops hold the key to future food security.
Read full story Comments Off China forms company to make regional and jumbo jetsPosted by UK Economy News
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11May 08 China established a company on Sunday to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing and Airbus for jumbo jets, official media said on Sunday.
Read full story Comments Off Beijing Olympics to boost Chinese energy demand: analystsPosted by UK Economy News
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11May 08 The 2008 Beijing Olympic Games will boost China's rampant demand for energy, threatening to push world oil prices beyond current record heights, according to industry analysts.
Read full story Comments Off Malaysia to spend more on subsidies than development: PMPosted by UK Economy News
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11May 08 Malaysia says it will spend more money subsidising oil and gas this year than on developing the country with Prime Minister Abdullah Ahmad Badawi calling for a review of all major projects.
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