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Monday, October 5, 1998

IMF unveils cautious fiscal architecture
Enhanced surveillance, stricter accountability, more transparency and a cautious approach to liberalisation on capital account are among the proposals for a new international financial architecture prepared by IMF, a top official has said.

Laden now set to target Kashmir
Osama Bin Laden, alleged mastermind in the Kenyan bomb blasts, has asked his Afghan and Arab terrorists to gather in Kashmir for a major terrorist offensive in the Valley and beyond, The Sunday Times reported.

Military court to probe Lankan army debacle
The Sri Lankan army is setting up a military court of inquiry to probe what a Colombo weekly called the ``worst debacle'' in the protracted ethnic conflict.


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  Tax reforms endorsed
  Labouring back into town
  Indian expats top suicide rates in UAE
  World at a glance
  NATO decision on Kosovo soon
  Anwar out of hospital, no access to lawyers
  Anti-Taslima march ends in violence
  Maoist insurgents kill four in Nepal
  Recession bites into Hong Kong's moon festival sales
  Dubai firm mulls manufacturing base
  Vietnam coffee trade continues to be quiet
  Korea aluminium industry to recover
  Philippines copper output down
  Indonesian wheat stocks dwindle
  Pakistani cotton prices rise on mill buying
  Boeing fined for data transfer to Russia
  World Briefing
  Asian economies crisis marks a new watershed for regional bloc
  Australian markets seen relieved at poll outcome

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