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EFFORTS by Asian central banks to join their Western counterparts in a coordinated effort to cut interest rates failed to produce the regionwide rally many expected yesterday.

Markets in Singapore and Hong Kong both rebounded by over 3 per cent as investors responded to the moves to calm the global turmoil by snapping up battered banks and other blue chips.

Short term crisis, long-term perspective

Inside

It's not just about Thaksin

View Points

Melamine found in 3 more products

TWO Cadbury products and an industrial milk powder have been found to contain melamine, the Agri-Food and Veterinary Authority (AVA) said yesterday.

$64m aid for farmers hit by milk scandal

Working less than 35 hours a week? You're a part-timer

Row settled, no pay cut for 186 China workers

1st expat group to get charity award

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Signs of compromise

BANGKOK: A Thai court decided yesterday to drop charges of treason against nine leaders of the anti-government People's Alliance for Democracy (PAD), opening a window of compromise after bloody street clashes this week.

Cloud over Thai economy

Eyes on race for Umno No. 2 post

Soon a new era

Building boom alters face of Phnom Penh

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Obama takes the lead

WASHINGTON: Republican candidate John McCain had to confront more bad news yesterday, with latest polls showing more women and independents favouring his Democrat rival.

Election briefs

Fish pedicure banned in 2 US states

S'pore association not in favour of fish-spa services

Testicles found to be a source of stem cells

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Ferrochina: 1st victim here of credit crunch

THE credit crunch claimed its first casualty in Singapore yesterday when steelmaker Ferrochina said it would default on loans worth 706 million yuan ($152 million).

Global crisis may hit S'pore economy hard

Hotel site draws just one bidder

S&P reaffirms NTUC Income's AA rating

Luxury yacht maker may see drop in orders

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Get over with the cultural civil war

AS IF there were not enough real enemies to fight, the United States has been at war with itself in recent years. They call it the culture war. Senator John McCain has now turned to its red army tactics to rescue himself from impending defeat - and Mrs Sarah Palin is his Katyusha.

A shift from bumbling to sensible policy

What might PM Abdullah's departure bring?

No longer any middle ground

Why we love Kim Jong Il

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Global Indians who call S'pore home

TWO diaspora converge in the life of Indian businessman Deepak Gurnani, who migrated to Singapore in 1991.

He woos businesses, talent to come here

Home is a city to love

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Terry ruled out

LONDON: John Terry, the England captain, has been forced out of tomorrow's World Cup qualifying match against Kazakhstan because of injury.

Kazakhstan team in upheaval

Goalkeeper Buffon heads Italy's list of absentees

Second chance

AFC chief open to 39th game

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NEA: Checking on contractors is vital

I REFER to the letter ('Poor public health in hawker centres', Sept 29) and two others last Monday, 'We need hawks at hawker centres' and 'Old habits die hard'.

Let's clean up our act by Christmas

Pass it forward

Bouquets

Billing consumers isn't the only way

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Sour notes in concerts

The recent controversy over Grammy award-winning jazz singer Diana Krall's concert on Sept 26 has turned the spotlight on the regulation of the flourishing concert scene here.

Hobbs' knots

No refunds, says KBO

Wayne Wang wants to work here

Together again

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