& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

International Business News
Economic crisis increase aid
for trade need: Agencies
AFP, Geneva
International agencies are set to urge an increase in assistance for trade by developing countries at a conference beginning on Monday, amid fears that aid will be eroded by the economic crisis.
"Aid for trade is needed now more than ever," said the World Thule Organisation (WTO) and the Organisation for Economic Cooperation and Development (OECD) in a report to be discussed during the two-day review conference on the "z\id forlYade” process.
The WTO and OECD found in their progress report that aid for trade grew by more than 10 percent in 2007 compared to 2006, with new commitments reaching 25.4 billion dollars.
However, "the global economic crisis will affect the medium term outlook," it added.
At least 12 projects in Africa had already been hit by the financial turmoil, said the African Development Bank, which approved on Wednesday a 500 million dollar investment to support trade finance.
Among projects delayed by the crisis was a large power project in East Africa, which ran into financing problems after an international investment bank pulled out, said the bank.
TheWTO/OECD report emphasised that in the short run such aid for trade "will provide much needed stimulus, through increased infrastructure investment."
China won't press for new global currency at G8
Ap, Beijing
China has no plans to raise its proposal for a new global currency to replace the dollar at the G8 meeting this week but is willing to discuss it, a top Chinese diplomat said, as President Hu Jintao left Sunday for Italy.
China is not one of the Group of Eight major economies but is attending the meeting in the Italian city of L'Aquila as part of a group of five large developing countries.
Beijing called in March for the creation of a new currency, possibly based on the IMF's Special Drawing Rights, created in the 1960s and used as the monetary standard for dealings between the fund and member governments.
"This international financial crisis has fully exposed the weaknesses and loopholes in the international monetary system," a deputy Chinese foreign minister, He Yafei, said at a briefing last week. "If this issue is raised by leaders during the meeting, it is natural, because we are all discussing how to respond to the international financial crisis and promote recovery."
He said Chinese officials have no plans to raise the issue but will discuss it if others raise it.
Hu is expected to press for a bigger role for China and other developing countries in global finance.
Nomura breaks into Saudi investment banking market
AFP, Riyadh
Japanese giant Nomura said on Sunday it had launched investment banking operations in Saudi Arabia, becoming the first Asian securities firm to break into the lucrative, rapidly growing market.
The move came after the company was authorised by Saudi Arabia's Capital Market Authority to offer corporate finance, capital market and wealth management services for local clients and also to sell overseas securities locally as an agent.
"A strong local presence is a critical part of Nomura's regional strategy," Nomura's chief executive for Middle East and Africa Philip Lynch said in a statement.
"As the first Asian securities firm in Saudi Arabia, Nomura is especially well placed to bridge and facilitate the growing commercial interests between the Gulf and the Far East and strengthen emerging trading relationships," he said.
Saudi Arabia accounts for around half of the aggregate economy of the six-member Gulf Cooperation Council, he said.
Taiwan benefits from China's economic stimulus
AFP, Taipei
Taiwan has benefited from its giant neighbour's measures to stimulate its economy by offering subsidies to consumers, the island's government said in a report Sunday.
Taiwan exported 4.65 billion US dollars worth of goods to China in April, down 33.8 percent from a year ago, the Board of Foreign Trade said.
The figure indicated, however, that the sharp decline of the island's export to its leading trading partner had slowed since January, when Taiwan's China-bound shipments plummeted 56.8 percent year-on-year, it said.
"This should have been the result of measures launched by the Chinese authorities to boost its domestic market, spurring its electronics and petrochemical import fromTaiwan," it said.
The latest trade figures also indicated Taiwan's economy is becoming more reliant on the Chinese mainland market.