Business News

Oil steady near US$131 in Asia on expectations storm cut Gulf of Mexico production Posted: 22 Jul 2008 02:17 AM CDT SINGAPORE (AP) _ Oil prices held steady near US$131 a barrel Tuesday in Asia on expectations Tropical Storm Dolly won't disrupt oil operations in the Gulf of Mexico.

Oil eases as Dolly unlikely to hit U.S. production Posted: 22 Jul 2008 02:13 AM CDT By Annika Breidthardt

Vodafone sees year revenue at lower end of range Posted: 22 Jul 2008 02:05 AM CDT By Kate Holton

Pak on the brink of massive economic crisis, says leading economic expert Posted: 22 Jul 2008 02:05 AM CDT Washington, July 22 (ANI): A leading Pakistani economic expert has said that his country's economy was today facing a serious risk of a full-fledged balance of payments crisis and domestic and external fiscal imbalances that had reached 'alarming proportions' and show no signs of self-correction or correction through policy action.

India rupee seen at 44.50/dlr in 1-2 mths-Westpac Posted: 22 Jul 2008 02:04 AM CDT MUMBAI (Reuters) - The rupee is likely to remain under pressure as high crude oil prices will lead it lower, Westpac Institutional Bank said on Tuesday.

Malaysia may allow US participation in services sector as free trade talks show progress Posted: 22 Jul 2008 01:56 AM CDT KUALA LUMPUR, Malaysia (AP) _ Malaysia may allow U.S. participation in its financial services sector, signaling progress in free trade talks that have been bogged down by government policies in this Southeast Asian nation.

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