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Muzi.com News - Oceania (Last updated: 11:08:56 Saturday Oct 11, 2008 )
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Chinese tighten dairy regulations after scandal
China's State Council tightened quality control regulations for the dairy industry Friday, as authorities in Macau and Hong Kong reported several children had kidney stones blamed on Chinese tainted milk.   Nations:France New Zealand   Activities:2008 China Milk Scandal   Source:(AP)     2008-10-10

European markets plunge again; Nikkei plummets
European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week's efforts by central banks to break the logjam in credit markets.   Nations:Japan India Russia Germany Philippines France   Activities:2007 Global Credit Crunch Japanese Markets European Markets   Source:(AP)     2008-10-10

China sets melamine levels for milk products
China on Wednesday introduced standards for levels of the industrial chemical melamine permitted in milk and food products as it seeks to rein in a festering safety scare.   Nations:Brazil New Zealand   Activities:2008 China Milk Scandal   Source:(AP)     2008-10-08

Stocks tumble as Street worries about financials
The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector.   Nations:Germany Japan France Australia   People:Ben Bernanke   Activities:2007 Global Credit Crunch U.S. Markets     2008-10-07

Asian markets mixed after Australia's big rate cut
SEOUL, South Korea – Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.   Nations:Australia South Korea Japan France   Activities:Asian Markets 2007 Global Credit Crunch     2008-10-07

World stock markets plunge on crisis fears
LONDON - Stock markets slumped worldwide Monday, some marking record one-day drops, on fears the global financial crisis will worsen and hit the wider economy despite bank bailouts in the U.S. and Europe.   Nations:Germany France Luxembourg Brazil Colombia India   Activities:2007 Global Credit Crunch Japanese Markets U.S. Markets European Markets   Source:(AP)     2008-10-06

European, Asian markets plunge on crisis fears
LONDON - Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth.   Nations:France Russia Germany India Denmark Sweden   Activities:Asian Markets European Markets 2007 Global Credit Crunch   Source:(AP)     2008-10-06

China struggles with fall-out from tainted milk scandal
BEIJING (AFP) - China was on Sunday struggling to contain the fall-out from the tainted milk scandal, announcing a new survey of melamine-free dairy products and promising to subsidise farmers hit by the scare.   Nations:Australia China New Zealand South Korea   Activities:2008 China Milk Scandal   Source:(AFP)     2008-10-05

A dozen more Chinese dairy companies accused
BEIJING - More than a dozen additional Chinese dairy companies were named as violators after new tests on their milk powder products, further broadening a scandal affecting products ranging from baby formula to chocolate, authorities said.   Nations:China New Zealand Japan   Activities:2008 China Milk Scandal   Source:(AP)     2008-10-01

Cadbury pulls melamine-laced chocolate from China
HONG KONG - British candy maker Cadbury said Monday it is recalling 11 types of Chinese-made chocolates found to contain melamine, as police in northern China raided a network accused of adding the banned chemical to milk.   Nations:Hong Kong Australia   Activities:2008 China Milk Scandal   Source:(AP)     2008-09-29

China tainted milk crisis triggers global recalls
BEIJING - An industrial chemical that made its way into China's dairy supplies and that authorities blame in the death of four babies has turned up in numerous Chinese-made exports abroad -- from candies to yogurt to rice balls.   Nations:New Zealand Taiwan U.K. Singapore U.S. Indonesia   People:Ma Ying-jeou Wen Jiabao   Activities:2008 China Milk Scandal   Source:(AP)     2008-09-24

China's milk scandal bares government shortcomings
BEIJING - The note posted in July on the Web site of China's food safety inspection agency came from a doctor: There had been a sudden rise in infants turning up at his hospital with kidney stones after drinking the same brand of formula.   Nations:New Zealand Australia Canada   People:Wen Jiabao   Activities:2008 China Milk Scandal China Hu Jintao Admin.     2008-09-23

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