Friday 18th April 2014

Romney close to Republican nomination after victories

Published : 12:00 am  April 5, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  207 views  |  
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Reuters: Mitt Romney made a big leap toward winning the Republican U.S. presidential nomination with a clean sweep of three primaries on Tuesday that handed a stinging defeat to chief rival Rick Santorum.  Read More →


Asian shares rise on growth hopes after firm US data

Published : 12:04 am  April 4, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  223 views  |  
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Reuters: Asian shares rose on Tuesday on the back of strong gains in global equities overnight, after solid manufacturing data from the United States, and as leading Asian exporters offset signs of mild recession in Europe. MSCI’s broadest index of Asia Pacific shares outside Japan gained 0.5 percent while a firmer yen hurt Japan’s Nikkei average, which fell 0.5 percent and moved further away from a one-year high hit last week. Australian shares were underpinned after oil prices rallied 2 percent on Monday, although oil retreated this session.  Read More →


Fed officials take wait-and-see approach on stimulus

Published : 12:04 am  April 4, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  184 views  |  
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Reuters: Federal Reserve policymakers on Monday signaled little appetite for further monetary steps to stimulate U.S. growth in an economy that is gradually strengthening.  Read More →


World Bank Chief backs BRICS bank idea

Published : 12:04 am  April 4, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  244 views  |  
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BOAO, China (AFP): Outgoing World Bank president Robert Zoellick on Tuesday gave his backing to a new development bank proposed by the leaders of the BRICS emerging countries.  Read More →


Pakistan’s Zardari to meet Indian PM in New Delhi

Published : 12:29 am  April 3, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  282 views  |  
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ISLAMABAD (Reuters): President Asif Ali Zardari will meet with India’s prime minister during the first visit to India by a Pakistani head of state since 2005, his spokesman said, with relations between the nuclear-armed rivals at their warmest in years.  Read More →


Asian shares rise as China data soothes, caution caps

Published : 12:28 am  April 3, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  204 views  |  
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Reuters: Asian shares kicked off the second quarter with a modest gain on Monday, as surprisingly firm China manufacturing data dispelled fears of a hard landing in the world’s second biggest economy, but caution capped prices before U.S. and European factory data. MSCI’s broadest index of Asia Pacific shares outside Japan rose as much as 0.7 percent but last stood up 0.1 percent. It climbed nearly 12 percent in the January period for its best showing since the third quarter of 2010 and best first quarter in 21 years.  Read More →


Suu Kyi’s party claims landslide win in Myanmar vote

Published : 12:27 am  April 3, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  244 views  |  
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YANGON(Reuters): Pro-democracy leader Aung San Suu Kyi claimed on Monday a by-election landslide for her party, which she hoped would mark the beginning of a new era for Myanmar after a historic vote that could prompt the West to end sanctions.  Read More →


OPEC output at new high in March, despite Iran drop

Published : 12:01 am  April 2, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  226 views  |  
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LONDON (Reuters): OPEC oil output has risen in March to its highest since October 2008 as higher supply from Iraq and further recovery in Libya’s production offset a drop in shipments from Iran, a Reuters survey found on Friday. Supply from the 12 members of the Organization of the Petroleum Exporting Countries has averaged 31.26 million barrels per day (bpd), up from 31.16 million bpd in February, the survey of sources at oil companies, OPEC officials and analysts found.  Read More →


Graft, corruption found in Morocco public sector

Published : 12:01 am  April 2, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  256 views  |  
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RABAT (Reuters): An audit court has found evidence of graft, corruption and insider trading in Morocco’s state-owned firms and entities, putting to the test a government promise to end such practices. The Supreme Court of Audit’s latest probe revealed that bourse watchdog CDVM had not properly investigated cases of insider trading involving five individuals that netted them gains of close to $30 million between July, 2006 and January 2007.  Read More →


Mixed signals from China’s factories in March

Published : 12:01 am  April 2, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  221 views  |  
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China factory output surprises at 11-month high China sees 2011 imports growing faster than exports Reuters: China’s big factories were surprisingly busy in March as a stream of new orders lifted activity to an 11-month high, but credit-constrained smaller manufacturers struggled, suggesting that the economy is still losing steam.  Read More →


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