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7 dead in Nepal chopper crash

  Kathmandu / AFP A helicopter crashed into a hillside in Nepal on Monday, killing all seven people on board including a baby, an airline official said. The Fishtail Air helicopter carrying six locals to Kathmandu lost contact with air traffic control about 30 minutes after taking off from the western district of Gorkha. Rescuers have reached the crash site ...

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WSF moves to G7 nation for the first time

  Montreal / AFP Anti-globalization activists will gather in Montreal on Tuesday for the first World Social Forum (WSF) to be held in the northern hemisphere, hoping the location will provide fresh impetus for the movement. A march through downtown Montreal is to kick off the event, which was first held in Brazil in 2001 seeking to promote alternatives to ...

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DBS profit falls as provisions offset interest income

  Bloomberg DBS Group Holdings Ltd.’s second-quarter profit declined 6 percent as provisions for troubled energy-services firm Swiber Holdings Ltd. overshadowed gains in interest and fee income. Net income fell to S$1.05 billion ($780 million) from S$1.12 billion a year earlier, Singapore’s largest bank said in an exchange filing Monday. That compared with the S$1.07 billion average of five analysts ...

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