Asian shares, Euro rise on Greek debt deal

Published : 1:16 am  November 28, 2012  |  Category: International  |  1 Comment  |  2,303 views  |  
alt text

Reuters: The Euro hit a one-month high, commodities rose and Asian shares climbed for a seventh consecutive day on Tuesday as global lenders reached a deal on new debt targets for Greece and a political agreement on disbursing the next instalment of aid. European shares will likely track Asian peers higher, with financial spread betters predicting London’s FTSE 100, Paris’s CAC-40 and Frankfurt’s DAX to open as much as 0.7% higher. US stock futures were up 0.3%, hinting at a firm Wall Street open.  Read More →


With US ‘fiscal cliff’ deadline nearing, parties still at odds

Published : 1:15 am  November 28, 2012  |  Category: International  |  Leave a Comment  |  340 views  |  
alt text

Reuters: Republicans in the US Congress on Monday called on President Barack Obama to detail long-term spending cuts to help solve the country’s fiscal crisis, while holding firm against the income tax rate increases for the wealthy, that Democrats seek. In a further sign of tense relations between negotiators who are trying to avert a year-end ‘fiscal cliff’ of steep tax increases and spending cuts, the White House expressed doubts that ‘balanced’ deficit reductions can be achieved merely by limiting tax breaks and cutting spending, as Republicans propose.  Read More →


Thousands demonstrate in Bangladesh after deadly blaze

Published : 12:00 am  November 27, 2012  |  Category: International  |  Leave a Comment  |  305 views  |  
alt text

Reuters: Thousands of angry textile workers demonstrated in the outskirts of Dhaka on Monday after a fire swept through a garment workshop at the weekend, killing more than 100 people in Bangladesh’s worst-ever factory blaze.  Read More →


Pope tells new cardinals: shun “worldly logic of power”

Published : 12:00 am  November 27, 2012  |  Category: International  |  Leave a Comment  |  1,682 views  |  
alt text

Reuters: Pope Benedict on Sunday told six prelates newly elevated to the rank of cardinal that all Catholic leaders should shun the “worldly logic of power” and stick to spreading the gospel.  Read More →


Asian shares edge higher on hopes for Greek deal

Published : 12:00 am  November 27, 2012  |  Category: International  |  Leave a Comment  |  515 views  |  
alt text

TOKYO (Reuters): Asian shares inched up on Monday on hopes that Greece can avoid a near-term bankruptcy, with the market focusing on a euro zone finance ministers meeting later in the day, but a regional Spanish vote favouring separatist parties capped gains.  Read More →


Egyptian share prices plunge on Mursi decree

Published : 12:00 am  November 26, 2012  |  Category: International  |  Leave a Comment  |  499 views  |  
alt text

(Reuters) – Egyptian share prices plunged on Sunday, with the main market index falling by nearly 10 percent in the first trading session since President Mohamed Mursi ignited a political crisis by expanding his powers.  Read More →


China’s Wenzhou unveils reform plans as bad loans climb

Published : 12:00 am  November 26, 2012  |  Category: International  |  Leave a Comment  |  469 views  |  
alt text

(Reuters) – China’s entrepreneurial hub of Wenzhou has unveiled measures to turn grey-market lending into formal credit to support cash- starved small firms while reducing financial risks, state media reported on Saturday.  Read More →


New corruption scandal rocks Brazilian Government

Published : 12:00 am  November 26, 2012  |  Category: International  |  Leave a Comment  |  480 views  |  
alt text

Reuters: Brazilian President Dilma Rousseff, moving quickly to nip a new scandal in the bud, ordered the dismissal on Saturday of government officials allegedly involved in a bribery ring, including the country’s Deputy Attorney General. Federal police raided government offices in Brasilia and Sao Paulo on Friday and arrested six people for running an influence peddling ring that sold government approvals to businessmen in return for bribes.  Read More →


S&P confirms France’s AA+ rating, warns on deficit

Published : 12:00 am  November 24, 2012  |  Category: International  |  Leave a Comment  |  715 views  |  
alt text

Reuters: Standard & Poor’s rating agency confirmed France’s long-term rating of AA+ on Friday and negative outlook but warned the government was likely to miss its public deficit target next year.  Read More →


Euro zone in deep downturn as China, US tick up

Published : 12:00 am  November 24, 2012  |  Category: International  |  Leave a Comment  |  777 views  |  
alt text

Reuters: The Euro zone economy is on course for its deepest downturn since early 2009, while Chinese factories returned to growth last month bringing better news for the world economy, business surveys showed on Thursday.  Read More →


Page 194 of 439« First...102030...192193194195196...200210220...Last »