WASHINGTON - THE US economic bleeding extended in February with 651,000 jobs lost and the unemployment rate surging to 8.1 per cent, according to data on Friday highlighting an ever-deepening recession.
The number of job losses was in line with most forecasts but underscored the dire state of the economy as companies axe jobs to cope with an intensifying slump.
SYDNEY - EXTREMIST groups in South-east Asia are increasingly using the internet and social networking to radicalise the youth of the region, said a new security report released on Friday.
Internet usage in South-east Asia has exploded since 2000 and extremist groups have developed a sophisticated online presence, including professional media units.
BEIJING - CHINA still has at least 20 million unemployed migrant workers who lost their jobs because of the impact of the global economic crisis, a senior official said on Friday.
But Chen Xiwen, director of the Office of the Central Rural Work Leading Group, said China had not witnessed a new wave of migrants returning jobless to the countryside since factories started reopening a month ago after the week-long Lunar New Year holiday.
AT RUTH'S Chris Steak House in Manhattan, where a Cowboy Ribeye costs US$47 (S$73), the price of a share in the restaurant chain would cover the 80 cents sales tax on a side order of potatoes au gratin.
A visitor to a Citigroup Inc branch in New York could either pay US$3 to withdraw cash from an automated teller machine or buy three shares of what once was the world's biggest bank by market value.
