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Tokyo Stocks, Dollar Down

Posted June 3rd, 2011 at 5:30 am (UTC-5)
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Japanese share prices ended lower Friday, while the dollar slipped against the yen. Tokyo’s Nikkei index lost two-thirds of a percent , to close at 9,492. In currency trading, the dollar was selling at 80.61 yen, down three-tenths of a yen from late Thursday. Gold was trading at $1,531.78 an ounce.

Tags: , Posted in East Asia Pacific

Protesters Take Over Greek Finance Ministry

Posted June 3rd, 2011 at 5:20 am (UTC-5)
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Protesters in Athens have blockaded the Greek Finance Ministry, the scene of the government’s negotiations with international lenders on its latest financial rescue. About 200 protesters from the communist-affiliated PAME union blocked the entrance to the ministry at dawn Friday. They hung a five-story-tall banner calling for a general strike to protest the government’s newest […]

Tags: , Posted in Economy, Europe

Mladic Tells War Crimes Tribunal He Is ‘Gravely Ill’

Posted June 3rd, 2011 at 5:15 am (UTC-5)
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After 16 years on the run, former Bosnian Serb military chief Ratko Mladic has made his first appearance before the U.N. war crimes tribunal at The Hague, telling judges he is “gravely ill” and calling the charges against him “obnoxious.” Mladic was once a burly, intimidating figure on the battlefield. But he appeared subdued in […]

Tags: , , , , Posted in Europe

Head of Embattled Israeli Company Dies at 89

Posted June 3rd, 2011 at 5:10 am (UTC-5)
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The primary shareholder of Israel’s Ofer Brothers Group, which was blacklisted by the United States last week for allegedly trading with Iran, has died at his home. Israeli news reports said Sammy Ofer was found Friday at his home, dead at age 89. Reports said he had been seriously ill. Ofer Brothers Group, owned by […]

Tags: , , Posted in Middle East

Vietnam Announces Election Results

Posted June 3rd, 2011 at 5:00 am (UTC-5)
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Vietnam has released the results of elections for the National Assembly, with more than 90 percent of the lawmakers elected from the ruling Communist Party. Secretary General of the Elections Commission Pham Minh Tuyen told reporters Friday that only 14 of the 500 lawmakers elected were not members of the party. Tuyen called the election […]

Mladic Appears at War Crimes Trial

Posted June 3rd, 2011 at 4:50 am (UTC-5)
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After 16 years on the run, Bosnian Serb military chief Ratko Mladic made his first appearance Friday before the U.N war crimes tribunal at The Hague to answer charges of genocide during the Bosnian war. Mladic was once a burly, intimidating figure on the battlefield. But now he is in frail health and his court-appointed […]

Tags: , , , , Posted in Europe

Asian Markets Mostly Lower

Posted June 3rd, 2011 at 4:40 am (UTC-5)
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Asian stock markets were mostly lower in early trading Friday. Tokyo’s Nikkei index lost two-thirds of a percent , to close at 9,492. Hong Kong’s Hang Seng index dropped 1.31 percent , to end at 22,950. Elsewhere, share prices were higher in Shanghai and Taipei. Markets closed lower in Sydney, Wellington and Manila. In currency […]

Tags: , , Posted in East Asia Pacific

Third Time the Charm for Winner of 2011 US Spelling Contest

Posted June 3rd, 2011 at 4:35 am (UTC-5)
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A 14-year-old girl from Pennsylvania won the 2011 Scripps National Spelling Bee in Washington Thursday. Sukanya Roy won the $30,000 cash prize when she correctly spelled a word that means having wavy hair . The Indian-American eighth grader from Abington Township also won a reference library and more than $10,000 in scholarships and other prizes. […]

Tags: , , Posted in US

Russian Arms Depot Fire Forces Evacuation

Posted June 3rd, 2011 at 3:10 am (UTC-5)
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A fire at a Russian ammunition depot has caused shells to explode and injured 30 people. Authorities ordered the evacuation of more than 28,000 residents who live near the plant. They said Friday the blasts may continue for another day at the arsenal in the republic of Udmurtia, 900 kilometers east of Moscow. Balls of […]

Tags: , , , Posted in Europe

US to Sell Remaining Shares in Chrysler

Posted June 3rd, 2011 at 2:45 am (UTC-5)
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Italian automaker Fiat has reached an agreement to buy the U.S. government’s remaining stake in Chrysler for an estimated $560 million. The U.S. Treasury Department said Thursday Fiat will pay $500 million to buy the Treasury’s six percent interest in Chrysler. The department is also getting $60 million of the $75 million Fiat is paying […]

Tags: , , Posted in Americas, Economy, US