World

• JPMorgan Chase to spend US$120m on corporate jets
• AIG top employees agree to return big bonuses
• US unveils bold plan to clean up toxic assets
• Obama economic adviser confident of US recovery in 1 year
• AIG gives out more bonuses than previously reported

• EU takes different approach to financial crisis
• EU agree to double funds to aid Eastern members
• IBM in talks to buy Sun Microsystems
• Obama defends new budget
• US lawmakers move to strip AIG executives of bonuses

• Obama says AIG bonuses to be blocked
• OPEC decides to maintain current oil production level
• BRIC countries demand more say in financial system reform
• G20 meeting closes in Britain, promises more action to fix economy
• G20 finance ministers, bankers meet in Britain

• Madoff ordered to jail after pleading guilty
• Oil prices jump 11% on retail, OPEC
• World Bank tells poor to show 'grit and determination'
• US Senate passes $410 bln 2009 spending bill
• Developing countries should be protected amid financial crisis