Business News

Australian miner Energy Resources says it plans to be first to ship local uranium to China Posted: 25 Jul 2008 03:17 AM CDT CANBERRA, Australia (AP) _ Energy Resources said Friday it expected this year to be the first Australian miner to export uranium to China more than two years after the government lifted a ban on such sales of the nuclear fuel.

Asia markets fall sharply, tracking Wall Street lower amid US housing, financial worries Posted: 25 Jul 2008 03:02 AM CDT HONG KONG (AP) _ Asia stock markets fell sharply Friday as an overnight drop on Wall Street and more concerns about the U.S. housing and financial sectors led many investors to take profits after a recent rally.

Turnover on commodity exchanges jump 33 pct Posted: 25 Jul 2008 02:47 AM CDT Commodity exchanges in the country registered a 33.33 per cent jump in their turnover to Rs 13,53,173 crore till July 15 this fiscal as against Rs 10,14,845 crore during the corresponding period last year.

Asia stocks fall, growth fears haunt Posted: 25 Jul 2008 02:47 AM CDT Asian stocks fell on Friday, halting a four-day rally, after weak US housing and jobs data and volatility in the financial sector once again reminded investors of the fragile state of the global economy.

Reliance, Tata in race for CTL project Posted: 25 Jul 2008 02:47 AM CDT Reliance Industries, Tata Group and Anil Ambani's Reliance Power are among the nearly two dozen firms that have bid for setting up projects to convert coal into oil.

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