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European Stocks Higher in Midday Trading

Posted September 20th, 2011 at 7:40 am (UTC-5)
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European stock prices are higher in midday trading Tuesday. London’s Financial Times index is up well over one and one-quarter percent. The CAC-40 in Paris is just over one and one-quarter percent higher, and trading on the DAX index in Frankfurt is up more than two percent. In New York, the S&P futures contract is […]

Tags: , , , Posted in Economy

Rights Group Finds Press Freedom in Burma Still Restricted

Posted September 20th, 2011 at 7:35 am (UTC-5)
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A new report says press censorship in Burma remains “arbitrary, intensive, and highly restrictive,” despite the new government’s promise of reform. The study released Monday by the Committee to Protect Journalists says there has been a surge of privately owned and operated publications in recent years, but they are heavily censored and often forced to […]

Tags: , , , , Posted in East Asia Pacific

Bomb Blast Injures 15 In Turkish Capital

Posted September 20th, 2011 at 7:26 am (UTC-5)
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A powerful explosion has rocked the Turkish capital, Ankara, near government buildings and a secondary school, injuring at least 15 people. Officials suspect a bomb may have been planted in a vehicle prior to the Tuesday blast. The blast damaged shops, nearby offices and numerous vehicles. Police immediately cordoned off the area in the event […]

Tags: , , , Posted in Europe

Gadhafi Calls Events in Libya a “Charade”

Posted September 20th, 2011 at 7:20 am (UTC-5)
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A new audio message from former Libyan leader Moammar Gadhafi says what is happening in Libya is a “charade” aided by NATO airstrikes, which will not last forever. The message was broadcast Tuesday on Syria’s Al-Rai television. The station has carried several messages from Mr. Gadhafi, who has not been seen since provisional authority forces […]

Tags: , , Posted in Middle East

Global Airlines Revise Profit Forecast Upward

Posted September 20th, 2011 at 7:05 am (UTC-5)
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A global aviation group has dramatically increased its estimate for worldwide airline profits this year, citing an increase in passenger demand. The International Air Transport Association said Tuesday it expects airlines to earn $6.9 billion in 2011, compared to an earlier estimate of just $4 billion. However it forecast earnings to fall back to $4.9 […]

China Denies Interference in Zambian Election

Posted September 20th, 2011 at 6:50 am (UTC-5)
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Elections Tuesday in Zambia are being closely watched in China, which has a large stake in the outcome. Beijing has rapidly growing trade and investments in Zambia, and last month made it the first African nation where the Bank of China offers services in the Chinese currency, the yuan. But Zambia’s China-friendly president, Rupiah Banda, […]

Tags: , Posted in East Asia Pacific

Asia Markets Close Mixed

Posted September 20th, 2011 at 6:50 am (UTC-5)
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Major Asian stock markets closed mixed Tuesday. Tokyo’s Nikkei index lost well over one and one-half percent to finish at 8,721. Hong Kong’s Hang Seng index gained just over one-half of one percent to finish the day’s trading at 19,015. Share prices were higher in Bangkok, Mumbai, Seoul, Shanghai, Taipei and Wellington, but lower in […]

Tags: , Posted in Economy

Suspected Bomb Rocks Turkey

Posted September 20th, 2011 at 6:40 am (UTC-5)
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A powerful explosion has rocked the Turkish capital, Ankara, near a local state authority office, injuring at least 15 people. Officials suspect a bomb may have been planted in a vehicle prior to the Tuesday blast. Police immediately cordoned off the area in the event of a secondary explosion. Several media outlets had reported two […]

Tags: , , , Posted in Europe

Deadly Clashes in Yemeni Capital Continue for Third Day

Posted September 20th, 2011 at 6:15 am (UTC-5)
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Medical officials in Yemen say government security forces have killed at least seven people in the capital, Sana’a, as the worst violence in a seven-month uprising against President Ali Abdullah Saleh continued for a third day. Heavy shelling and machinegun fire rocked the city Tuesday as security forces clashed with protesters and opposition troops. Witnesses […]

Tags: , , Posted in Middle East

Italian Scientists Accused of Manslaughter in Wake of 2009 Quake

Posted September 20th, 2011 at 5:50 am (UTC-5)
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A group of Italian earthquake experts go on trial Tuesday accused of manslaughter for allegedly not properly warning the public before an earthquake struck. The 2009 earthquake killed more than 300 people in L’Aquila Italy. The group of earthquake experts, including scientists and government officials, are accused of giving inexact, incomplete and contradictory information to […]

Tags: , , Posted in Europe