News

Pro-government protesters shout slogans outside a court in Bangkok on December 2, 2008. Thailand's constitutional court on December 2, 2008 banned Prime Minister Somchai Wongsawat from politics for five years over a case of voting fraud. (AFP)

Thailand ruling party, PM ordered to stand down

Tue, 02 Dec 2008 18:28:00 +1100

Judges in Thailand's Constitutional Court have ordered the ruling People Power Party led by Prime Minister Somchai Wongsawat to disband after being found guilty of vote fraud.

Attack on Solomons, RAMSI police deplored

Tue, 02 Dec 2008 19:04:00 +1100

Police chiefs in Solomon Islands have criticised an attack on police that has left seven officers injured.

India makes formal complaint to Pakistan over attacks

Tue, 02 Dec 2008 18:50:00 +1100

India has formally accused elements in Pakistan of being behind the terrorist attacks in the western city of Mumbai.

Australia's Reserve Bank cuts official interest rate

Tue, 02 Dec 2008 15:11:00 +1100

Australia's central bank, the Reserve, has announced it's lowering the official interest rate by one-percentage-point.

Features

The Islamic finance industry is soon expected to account for 4 per cent of the global economy. [AFP] (ABC)

Islamic Banking - Growth and Prospects

Mon, 24 Nov 2008 10:50:00 +1100

Asia Pacific's Girish Sawlani looks at how Islamic financial institutions have weathered the economic crisis and continue to grow from strength to strength.

Australian $50 notes. [ABC] (ABC)

Australia's financial crisis

Thu, 06 Nov 2008 12:05:00 +1100

Australia's budget position has dramatically slipped, as the global financial storm cuts a swathe across the world.

'Because of what we did on this day, in this election, at this defining moment, change has come to America,' says President-Elect Barack Obama. [Reuters] (Reuters)

Change comes to America

Thu, 06 Nov 2008 18:45:00 +1100

Barack Obama, the Democratic senator of the state of Illinios, will be the next president of the United States of America.

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