Business News Archive - April 12, 2009

The U.S. Trade Representative is aiming to avoid renegotiating a proposed U.S.-South Korean free trade deal, Seoul officials say. The South Korean Ministry of Foreign Affairs and Trade and the office of ruling party lawmaker Rep. Hong Jung-wook Sunday confirmed a U.S.

China will extend $25 billion in aid and credit to members of the Association of Southeast Asian Nations, ASEAN, officials revealed Sunday. Chinese Foreign Minister Yang Jiechi, meeting with envoys from the 10 ASEAN countries in Beijing, said China will establish a $10 billion China-ASEAN investment

COVER: Cheap Oil Forever (All overseas editions). Contributor Ruchir Shamir examines the historic and current trends of the rise and fall of the prices of commodities, like oil, copper, grains and gold.

WASHINGTON DC, April 13 /PRNewswire-FirstCall/ -- How is the air cargo industry preparing itself to implement the U.S.


US officials are working with General Motors Corp on a surgical bankruptcy filing if GM is unable to reorganize before a June deadline, sources said.

Word of the Day
  • A handkerchief.
  • Specifically— The legendary sweat-cloth; the handkerchief of St. Veronica, according to tradition miraculously impressed with the mask of Christ; also, the napkin about Christ's head (Johu xx. 7).
  • In general, any miraculous portrait of Christ.
The word 'sudarium' comes from a Latin word meaning 'a handkerchief'.