Friday 25th April 2014

Asian shares fall on growth, eurozone debt worries

Published : 12:00 am  April 12, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  219 views  |  

REUTERS: Asian shares fell for a third straight day on Wednesday as investors continued to cut back their risk exposure given uncertainty over global growth prospects and resurfacing worries about debt restructuring in struggling euro zone economies.  Read More →


Hillary on Bin Laden death: No one watching ‘Could breathe for 35 minutes’

Published : 12:00 am  April 12, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  200 views  |  

Hillary Clinton spoke bluntly about Syria, North Korea and the death of Osama bin Laden at the U.S Naval Academy Tuesday, where as the keynote speaker at the close of a foreign policy conference she revealed that none of those watching the operation that killed the al Qaeda leader last year “could breathe for 30-35 minutes.”  Read More →


China ejects Bo from elite ranks, wife suspected of murder

Published : 12:00 am  April 12, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  187 views  |  

REUTERS: China’s Communist Party has suspended former high-flying politician Bo Xilai from its top ranks and named his wife a suspect in the murder of a British businessman, a dramatic turn in a scandal shaking leadership succession plans.  Read More →


North Korea says fuel being injected into rocket

Published : 12:00 am  April 12, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  208 views  |  

REUTERS: Isolated North Korea said on Wednesday it was injecting fuel into a long-range rocket “as we speak” ahead of a launch condemned by its neighbours and the West as a disguised long-range ballistic missile test.  Read More →


China swings to surprise trade surplus in March

Published : 12:01 am  April 11, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  194 views  |  
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REUTERS: China swung to a surprise trade surplus of $5.35 billion in March as exports grew faster than expected and import growth eased from a 13-month peak, customs data showed on Tuesday. Import and export growth were both down sharply from February’s Lunar New Year distorted surge, and within sight of the government’s target of 10 percent expansion for 2012.  Read More →


US not backing off as Iran sanctions bite

Published : 12:01 am  April 11, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  191 views  |  
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REUTERS: The Obama administration’s man in charge of squeezing Tehran over its nuclear program is unapologetic for the difficulties faced by banks in their dealings with Iran since the US tightened sanctions against the country. Companies that trade with Iran are struggling to get paid and the biggest Asian countries are scrambling to work around US sanctions that aim to deprive Tehran of revenue needed to develop its nuclear programme.  Read More →


Italy’s Monti defends reform as opposition grows

Published : 12:01 am  April 11, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  431 views  |  

REUTERS: Italian Prime Minister Mario Monti said on Thursday he had enough support for planned labour reforms despite a wave of criticism from unions and employers against proposals aimed at making it easier for companies to fire workers. The battle over reforms to Italy’s rigid system of labour contracts has dominated Monti’s agenda this year and provided his first major political battle since he replaced the scandal-plagued Silvio Berlusconi in November.  Read More →


Most Canadians plan no home buying in next two years: RBC

Published : 12:14 am  April 10, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  248 views  |  
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TORONTO (Reuters):A growing majority of Canadians do not intend to buy a house in the next two years, even with mortgage rates near record lows, according to a Royal Bank of Canada survey released.  Read More →


Spain heads to financial crisis, possible rescue, in 2013

Published : 12:13 am  April 10, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  260 views  |  
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MADRID: Spain, sucked back into the centre of the eurozone debt crisis, is headed towards a financial crunch in 2013 that may force it to seek international help, analysts warn.  Read More →


US employment gains slow, jobless rate drops

Published : 12:12 am  April 10, 2012  |  Category: INTERNATIONAL  |  Leave a Comment  |  169 views  |  
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WASHINGTON (Reuters)  ayrolls rose far less than expected in March, keeping the door open for further monetary policy support from the Federal Reserve, even as the unemployment rate fell to a three-year low of 8.2 percent.  Read More →


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