Some Asia-Pacific nations criticized U.S. and other developed world protectionism on Tuesday at a meeting aimed at spurring a global trade pact and revitalizing the global economy. Thai Commerce Minister Pornthiva Nakasai, meeting her Asia-Pacific Economic Cooperation counterparts including the …
The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said. “We are warming reasonably rapidly. The …
American International Group Inc., the insurer rescued by a series of federal bailouts, is set to pad out its shrinking board Tuesday when a new slate of directors stands for election at its annual meeting. The nominees will help rebuild …
American International Group Inc., the insurer rescued by $180 billion of federal bailouts, on Tuesday expressed optimism it will be able to repay government loans as it tries to rebound from punishing losses tied to derivatives. AIG held its annual …
Aon has just issued the latest version of its “Terrorism Threat Map.” The most significant change from previous maps shows a “shift in Islamist terrorist activity from the Middle East to South Asia.” The new map shows a trend towards …
American International Group, Inc. (AIG) today reported a net loss for the first quarter of 2009 of $4.35 billion compared to a net loss of $7.81 billion in the first quarter of 2008. The loss was less than the $5 …
Southeast Asia faces one of the world’s highest climate change bills, the Asian Development Bank said on Monday, unless the region adapts to climate change and joins the rest of the world in cutting greenhouse gas emissions. The destructive effects …
Like many Californians who put down roots in earthquake country, Robin Rudisill knows the “Big One” could strike without warning. Yet from her Venice beachfront duplex, Rudisill worries about a different massive blow from Mother Nature — a tsunami. Her …
Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ global scale long-term counterparty credit and financial strength ratings on AXA Seguros S.A. de C.V. (AXA Seguros; formerly known as Seguros ING S.A. de C.V.). S&P also affirmed its ‘mxAAA’ national …
American International Group announced that it has closed the sale of AIG’s retail bank, AIG Retail Bank Public Company Limited, and credit card operation, AIG Card (Thailand) Company Limited. The Thai operations were sold to Bank of Ayudhya Public Company …
