Toyako, Japan - Group of Eight (G8) leaders turned to the environment and to surging oil and food prices Tuesday amid concerns that high commodity prices may further slowdown the global economy.
Karachi - Pakistan's troubled rupee slumped to a new record low on Monday against the US dollar over continued political and economic uncertainties, traders said.
Tokyo - Japan's foreign reserves exceeded 1 trillion dollars in June on rises in the appraisal value of the nation's euro-denominated assets and gold holdings, the Finance Ministry said Monday.
Bangkok - Laos, a land-locked nation with no known petroleum resources, faces a serious threat from rising oil prices this year, the country's president warned Monday.
Toyako -Leaders of the Group of Eight (G8) industrialized nations will agree during their summit in Hokkaido to stockpile grains to better cope with future food crises, sources said.