Headlines: Islamic banks' assets grow by 66% in 2008 * US unemployment rate stands at 9.7%: Report * Japan jobless rate hits record 5.7% * World markets follow Asian markets in rise * Toyota recalls sedans in China over fire risk * US data revives hopes of recovery * Toyota to reduce global output by 10% * Turkmenistan Airlines to get new US airliners * Toyota to reduce global output by 10% *

Japan Airlines shares fall 24%

Published in January 2nd, 2010
Posted by in Business
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(PTI): Japan Airlines shares have plummeted to a record low on the year’s last trading day following speculation that the South Asian flag carrier is to seek bankruptcy. Japanese stocks fell the most in three weeks on Wednesday as nervous investors continued to unload shares of struggling Japan Airlines Corp (JAL). JAL shares dropped 24 [...]

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Russian hackers attack Citigroup system

Published in January 1st, 2010
Posted by in Business, Technology
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(PTI): Russian hackers reportedly have stolen tens of millions of dollars from Citigroup, a claim rejected by the US banking giant. Citing anonymous government officials, the Wall Street Journal reported that the hackers, related to a Russian cyber gang, attacked Citigroup’s computer systems

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