Japanese markets closed higher Friday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index gained close to three-quarters of one percent to finish at 10,138. In currency trading, the dollar was selling at 81.35, a gain of one-tenth of a yen from Thursday. Gold is trading at $1,526.25 an ounce.
Cameron Calls for Two Public Hacking Inquiries
Posted July 8th, 2011 at 5:35 am (UTC-5)
Britain’s prime minister has called for a full public inquiry, led by a judge, into the telephone hacking scandal at the British tabloid News of the World. David Cameron on Friday described the hacking scandal as “disgusting,” “disgraceful,” and despicable.” The prime minister said a second inquiry will be established to look at the “culture […]
Yemeni Man Pleads Guilty in Pirate Highjacking of Americans
Posted July 8th, 2011 at 4:50 am (UTC-5)
A Yemeni man has pleaded guilty to piracy in a U.S. federal court for his role in the hijacking of a yacht in the Arabian Sea that resulted in the deaths of four Americans. On Thursday, Mounir Ali became the 11th person to plead guilty in the case. Ali told the court he had no […]
Syrian Forces Storm Protest in Damascus Suburb
Posted July 8th, 2011 at 4:40 am (UTC-5)
Activists in Syria say security forces have raided a Damascus suburb to quell an overnight protest ahead of more demonstrations against Syrian President Bashar al-Assad planned for Friday. Activists said Thursday security forces fired bullets at civilians participating in a nighttime demonstration. There are reports of civilian deaths, injuries, arrests and abductions from the assault. […]
Asian Stocks Mostly Higher
Posted July 8th, 2011 at 4:30 am (UTC-5)
Asian stock markets closed mostly higher Friday. Tokyo’s Nikkei index gained close to three-quarters of one percent to finish at 10,138. Hong Kong’s Hang Seng index soared nearly one percent to finish the day’s trading at 22,726. Share prices were higher in Manila, Shanghai, Sydney and Taipei, but lower in Wellington. In currency trading, the […]
Pakistan Rejects U.S. Allegation on Slain Journalist
Posted July 8th, 2011 at 4:25 am (UTC-5)
The top-ranking U.S. military officer says elements within the Pakistani government apparently “sanctioned” the killing of a journalist in late May, but he could not tie the death to the country’s intelligence service. Admiral Mike Mullen says he has not seen anything to counter reports that Islamabad approved the beating death of Pakistani reporter Saleem […]
Pakistan Deploys 1,000 Troops to Karachi
Posted July 8th, 2011 at 4:00 am (UTC-5)
Pakistan has ordered 1,000 additional troops to deploy in Karachi with instructions to shoot on sight any armed men involved in attacks, after the killings of at least 65 people during three days of political and ethnic violence. Shops were closed in the southern port city Friday as the dominant local party, the Muttahida Qaumi […]
Possible Weather Delays Loom for Final Space Shuttle Launch
Posted July 8th, 2011 at 3:55 am (UTC-5)
Crews at Florida’s Kennedy Space Center have begun final preparations for Friday’s scheduled launch of the U.S. space shuttle Atlantis, the 135th and final flight of the 30-year-old space shuttle program. As many as 750,000 people are expected to be on hand to witness the historic lift-off, but the weather forecast remains gloomy, with a […]
Japan’s Nikkei Rises
Posted July 8th, 2011 at 2:45 am (UTC-5)
Japanese markets closed higher Friday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index gained close to three-quarters of one percent to finish at 10,138. In currency trading, the dollar was selling at 81.28 yen, a gain of a fraction of a yen from Thursday. The Taipei market closed at 8,750, […]
Pakistan Rejects U.S. Allegations on Slain Journalist
Posted July 8th, 2011 at 2:35 am (UTC-5)
A Pakistani spokesman has denounced comments by the top-ranking U.S. military officer that the Pakistani government apparently sanctioned the killing of a journalist in late May. An unnamed Pakistani government spokesman told the state-run Associated Press of Pakistan that Admiral Mike Mullen’s ((chairman of the Joint Chiefs of Staff) statements were ” extremely irresponsible.” The […]
