European stock prices are sharply lower in midday trading Thursday. London’s Financial Times index and the CAC-40 in Paris are both down five percent, while the DAX index in Frankfurt is down more than four and one-quarter percent. In New York, the S&P futures contract is down 27 points, indicating a lower opening. Tokyo’s Nikkei […]
European Stocks Lower in Midday Trading
Asia Markets Close Mostly Lower
Major Asian stock markets closed mostly lower Thursday. Tokyo’s Nikkei index lost just over two percent (181 points)) to finish at 8,560 Hong Kong’s Hang Seng index plunged nearly five percent to finish the day’s trading at 17,912. Share prices were also lower in Bangkok, Jakarta, Kuala Lumpur, Manila, Mumbai, Seoul, Shanghai, Sydney and Taipei, […]
Global Stock Markets Dive on US Central Bank’s Stimulus Effort
Stock markets across Asia and Europe plunged Thursday in reaction to the U.S. central bank’s gloomy outlook on the world’s largest economy. Japan’s Nikkei index closed two percent lower, while the Hang Seng index in Hong Kong plummeted nearly five percent at the closing bell. Markets in Seoul, Sydney and Shanghai had also posted losses […]
Riots Break Out in Zambia as Country Nervously Awaits Election Results
Zambia’s High Court has barred three private media organizations from publishing speculative reports on the outcome of Tuesday’s presidential and parliamentary elections, as the country’s electoral commission scrambles to finish counting votes ahead its self-imposed Thursday deadline. The court issued an injunction Wednesday banning one of the country’s leading privately-owned, pro-opposition newspapers, The Post of […]
Zambians Nervously Await Election Results
Zambia’s High Court has barred three private media organizations from publishing speculative reports on the outcome of Tuesday’s presidential and parliamentary elections, as the country’s electoral commission scrambles to finish counting votes ahead its self-imposed Thursday deadline. The court issued an injunction Wednesday banning one of the country’s leading privately-owned, pro-opposition newspapers, The Post of […]
US Death Row Inmate Put to Death Despite International Outcry
U.S. death row inmate Troy Davis, who was convicted for the 1989 shooting death of a police officer, was put to death late Wednesday in the southern state of Georgia, after the Supreme Court rejected a last minute appeal to stay his execution. Davis died by lethal injection just after 11 p.m. local time as […]
Deadly Clashes Continue in Yemeni Capital
Snipers in the Yemeni capital, Sana’a, have fired on anti-government protesters, killing at least one person and wounding nine others. The shootings Thursday near Change Square came as government forces continued to clash with dissident soldiers on the fifth day of a deadly crackdown. More than 85 people, mostly unarmed civilians, have been killed since […]
Roadside Bomb Kills Five in Pakistan
A passenger vehicle struck a roadside bomb in Pakistan’s northwest tribal region killing at least five people. Officials say the blast occurred in Bajaur agency near the border with Afghanistan. Several others were wounded in the blast. Most of the victims were members of an anti-Taliban militia active in the area. Bajaur agency is regarded […]
Big Losses on Japan’s Nikkei
Japanese markets closed lower Thursday, while the U.S. dollar is unchanged in trading against the Japanese yen. Tokyo’s Nikkei index lost just over two percent (181 points)) to finish at 8,560. The dollar was selling at 76.46 yen. Gold is trading at $1,766.74 an ounce.
NATO Kills Taliban Commander Linked to Helicopter Crash
NATO says a joint Afghan and coalition security force killed a Taliban commander who was the target of an earlier operation in which 38 troops were killed in a helicopter crash. The alliance says Qari Tahir was killed in an air strike Tuesday in Wardak province in central Afghanistan. NATO says Tahir was the Taliban’s […]