July 2009

The Office of the Attorney General (A-G) has directed the Police to conduct further investigations into the case involving two legal practitioners put before an Accra Circuit Court for forgery and fraud. The two, Joseph Kwame Owusu Asamani…

Wassa Association of Communities Affected by Mining (WACAM) has appealed to the Chief Justice to run educational programmes on human rights challenges for Judges to curb the impunity of multinational mining companies in mining communities.…

The Ministry of Environment, Science and Technology in collaboration with stakeholders is to undertake a National Cassava Project to fight poverty, Ms Sherry Ayittey, sector Minister said on Thursday. She said; “The ministry in conjunction…

Gold rose towards $940 on Friday as it continued to benefit from a weaker U.S. dollar, which has lost its allure as a safe-haven asset amid hopes for an economic recovery stoked by solid corporate earnings. The precious metal is on course…

The Egyptian central bank reduced its benchmark interest rate for the fifth time this year to its lowest level since November 2006 as economic growth slowed and the inflation rate fell. The overnight deposit rate was cut by half a…

Royal Dutch Shell and Exxon Mobil have both reported a big fall in quarterly profits, due to the sharp decline in oil prices since mid-2008. April-to-June profits at Anglo-Dutch group Shell slumped 70% from a year earlier, to $2.3bn…

Japan’s unemployment rate rose to a six-year high in June and consumer prices fell at a record pace, adding to evidence the domestic economy is struggling to recover even as exports start to improve. The jobless rate advanced to 5.4…

The world's commercial fisheries, pressured by overfishing and threatened with possible collapse by mid-century, could be rebuilt with careful management, researchers reported on Thursday. In fact, a fisheries expert who in 2006 predicted…

Standard Chartered is set to buy Royal Bank of Scotland's retail and small and medium enterprises operations in India, China and Malaysia for about $250 million, the Economic Times said on Friday, citing two unnamed sources familiar with…

Asian stocks rose, sending the MSCI Asia Pacific Index to a fifth monthly gain, as earnings from Sony Corp. and Datang International Power Generation Co. and a commodities rally spurred confidence the economy is recovering. Sony, the maker…