UN calls for credible probe into massacre of Muslims in Myanmar

Published : 12:06 am  August 8, 2012  |  Category: International  |  1 Comment  |  606 views  |  
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Reuters: A top United Nations envoy on Saturday voiced grave concern over alleged abuses by Myanmar security forces after sectarian violence in Rakhine State and urged a full and credible state investigation. Tomas Ojea Quintana, the U.N. special human rights rapporteur, called on the government to find out the truth about violence in June between ethnic Rakhine Buddhists and stateless Muslim Rohingyas and address reports of extrajudicial killings and torture by its police and soldiers.  Read More →


Bernanke – despite recovery, many struggling

Published : 12:06 am  August 8, 2012  |  Category: International  |  Leave a Comment  |  567 views  |  
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Reuters: Federal Reserve Chairman Ben Bernanke said on Monday that although broad measurements of the economy point to recovery, many people and businesses are facing tough times.  Read More →


Chidambaram vows action on economy

Published : 12:06 am  August 8, 2012  |  Category: International  |  1 Comment  |  540 views  |  
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Reuters: Indian Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates. In his first comments since becoming finance minister on July 31, Chidambaram said it was important to restore investor confidence and in a message that appeared partly aimed at the central bank acknowledged the need to bring government finances under control. Domestic financial markets offered cautious support – bond yields fell five basis points after his remarks on interest rates – but tired of repeated promises from New Delhi, market players... 


Asian shares rally, euro up on US jobs

Published : 1:25 am  August 7, 2012  |  Category: International  |  Leave a Comment  |  559 views  |  
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Reuters: Asian shares rallied to a three-month high and the euro touched a one-month high against the dollar on Monday, as a stronger-than-expected U.S. jobs data and emerging optimism for European action on the debt crisis bolstered risk appetite.  Read More →


Seven dead in shooting at Sikh temple in Wisconsin

Published : 1:24 am  August 7, 2012  |  Category: International  |  Leave a Comment  |  571 views  |  
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Reuters: A gunman killed six people and critically wounded three at a Sikh temple during Sunday services before police shot him dead in an attack that authorities are treating as an act of domestic terrorism.  Read More →


Mars rover Curiosity lands on surface of Red Planet

Published : 1:19 am  August 7, 2012  |  Category: International  |  1 Comment  |  540 views  |  

Reuters: The Mars science rover Curiosity landed on the Martian surface shortly after 10:30 p.m. Pacific time on Sunday (1:30 a.m. EDT Monday/0530 GMT) to begin a two-year mission seeking evidence the Red Planet once hosted ingredients for life, NASA said.  Read More →


US employers step-up hiring, but Fed still in picture

Published : 12:00 am  August 6, 2012  |  Category: International  |  1 Comment  |  604 views  |  
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Reuters: US employers in July hired the most workers in five months, but an increase in the jobless rate to 8.3 per cent kept prospects of further monetary stimulus from the Federal Reserve on the table. Nonfarm payrolls rose 163,000 last month, the Labour Department said on Friday, breaking three straight months of job gains below 100,000 and offering hope for the ailing economy.  Read More →


China, India service sectors counter downturn

Published : 12:00 am  August 6, 2012  |  Category: International  |  Leave a Comment  |  547 views  |  
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Reuters: The services sectors in emerging powerhouses China and India grew in July at a healthy pace, providing vital support for the two economies as their manufacturing sectors struggle with the global downturn. China’s official purchasing managers’ index (PMI) for the services sector fell to 55.6 in July from 56.7 in June, while a similar private-sector survey sponsored by HSBC headed in the opposite direction, rising to 53.1 from a 10-month low in June of 52.3. India’s non-manufacturing PMI from HSBC was little changed, slipping to 54.2 in July from 54.3 in June.  Read More →


Eye on Iran and Syria, Israel hardens missile shield

Published : 12:00 am  August 6, 2012  |  Category: International  |  Leave a Comment  |  579 views  |  
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Reuters: Israel is upgrading its Arrow II ballistic missile shield in a US-backed “race” against Iran, Syria and other regional enemies, a senior Israeli defence official said on Sunday. The new “Block 4” generation of guided interceptor rockets, radars and technologies for synchronising Arrow with US systems was being installed in deployed Israeli batteries, a process that would take several weeks, the official said.  Read More →


Asian shares, euro fall as ECB delays action

Published : 1:14 am  August 4, 2012  |  Category: International  |  Leave a Comment  |  578 views  |  
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Reuters: Asian shares and the euro fell on Friday as investors shunned risk after the European Central Bank took no immediate action and only hinted at future steps to tackle the euro zone’s fiscal woes, following similar inaction from the U.S. Federal Reserve.  Read More →


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