Luxembourg - European Union government ministers were Friday engaged in tough talks a

Tokyo  - Japan's foreign reserves fell below 1 trillion dollars for the first time in May due to declines in US Treasury bond prices, the Finance Ministry said Friday.

Tokyo  - Japan's foreign reserves fell for the second month in a row in May and dipped below 1 trillion dollars for the first time in four months on declines in US Treasury bond prices, the Finance

Manila  - The Philippines' year-on-year inflation rate jumped to a nine-year high of 9.6 per cent in May due to continuing hikes in food and oil prices, the government said Thursday.

Frankfurt  -

Rome - Due to drastically rising food prices, 862 million people around the world are suffering from starvation or malnutrition.