Japanese carmaker Toyota cuts its vehicle sales forecast for next year by nearly 7% as Western demand softens.
Read more »Toyota cuts car sales forecasts
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Toyota cuts 2009 global sales forecast
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Toyota Motor Corp. on Thursday slashed its 2009 global sales target due to slowing demand, pushing back its goal of becoming the world's first automaker to sell more than 10 million vehicles in a year.
Read more »Philippine troops overrun Muslim rebel stronghold (AFP)
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AFP - Philippine troops on Thursday overran a rebel Muslim stronghold in the south of the country after weeks of fighting that has left about 150 dead, a military spokesman said.
China, Iraq reach three-billion-dollar oil deal: Iraqi embassy
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China and Iraq have reached an agreement on a landmark three billion dollar deal to exploit oil in the Middle Eastern country, the Iraqi embassy in Beijing said Thursday.
Read more »Japan economic stimulus package seen ineffective
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Japanese officials are finalizing details of an emergency economic stimulus package this week, stressing the need to bolster the country by helping citizens cope with high fuel and food prices.
Read more »NZ dollar tracks Aussie, euro higher; debt firm
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WELLINGTON, Aug 28 (Reuters) - The New Zealand dollar
<NZD=> firmed to a three-day high against the U.S. dollar on
Thursday, benefiting from reduced expectations of interest rate
cuts in the euro zone and strength in the neighbouring Aussie
dollar.
Mugabe to name Zimbabwe cabinet despite opposition: minister (AFP)
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AFP - Zimbabwe's President Robert Mugabe will defy the opposition Movement for Democratic Change (MDC) and form a new government, deputy information minister Bright Matonga said Thursday.
Malaysia's Anwar sworn in as MP
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The Malaysian opposition leader Anwar Ibrahim has been sworn in as a member of parliament, ending a decade's absence.
Read more »Up close and personal Emin show draws mixed reviews (AFP)
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AFP - The first retrospective of work by Tracey Emin, the enfant terrible artist who has made a career out of intimate personal details including her own unmade bed, has opened to mixed reviews.
