European stock prices are lower in midday trading Friday. London’s Financial Times index is down one and one-half percent. The CAC-40 in Paris is down 2.3 percent, and trading on the DAX index in Frankfurt is down more than two and a half percent. In New York, the S&P futures contract is down 9 points, […]
European Markets Lower in Midday Trading
Posted September 2nd, 2011 at 7:55 am (UTC-5)
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Asia Markets Close Mostly Higher
Posted September 2nd, 2011 at 7:35 am (UTC-5)
Asian markets closed mostly lower Friday, while the U.S. dollar is trading slightly lower against the Japanese yen. Tokyo’s Nikkei index lost nearly one and one-quarter percent to finish at 8,951. Hong Kong’s Hang Seng index lost just over one and three-quarters percent to finish the day’s trading at 20,213. Share prices were higher in […]
August Unemployment Rate Expected to Remain Steady
Posted September 2nd, 2011 at 7:30 am (UTC-5)
Analysts believe the U.S. unemployment rate will remain stuck at 9.1 percent when the government releases its monthly jobs report Friday. Most economists predict the figures will show at least 90,000 jobs were added to the anemic U.S. economy last month. If the forecasts hold true, it would be well below the 250,000 jobs that […]
Dozens of Pakistani Boys Kidnapped in Afghanistan
Posted September 2nd, 2011 at 7:30 am (UTC-5)
Local Pakistani officials say suspected militants have abducted more than 30 Pakistani boys, after they crossed into neighboring Afghanistan. Officials say the boys, between the ages of 10 and 18, were kidnapped Thursday after crossing from Pakistan’s Bajaur tribal region into Afghanistan’s eastern Kunar province. Local authorities in Afghanistan said they had no knowledge of […]
China Censors Newsweek Article of Prominent Dissident
Posted September 2nd, 2011 at 7:25 am (UTC-5)
Censors in China have attempted to purge an essay written by prominent artist and dissident Ai Weiwei by manually tearing the pages of the article from a weekly news magazine. The essay, which appeared in the September 5 issue of Newsweek, urges Chinese citizens to speak out against what he says is the government’s denial […]
Libya’s Interim Leaders, Foreign Officials Discuss Aid Needs
Posted September 2nd, 2011 at 7:00 am (UTC-5)
Members of Libya’s interim ruling council are working with foreign officials to find out specific ways to help their country emerge from the months-long fight against Moammar Gadhafi. The Friday session in Paris comes a day after world leaders also meeting there pledged $15 billion in financial and humanitarian support to Libya’s provisional government. Libya’s […]
HRW Slams Turkey, Iran Attacks in North Iraq
Posted September 2nd, 2011 at 7:00 am (UTC-5)
A human rights group says Turkey and Iran have not done enough to protect civilians while carrying out strikes against Kurdish separatists in Iraq’s autonomous Kurdistan region. Human Rights Watch said Friday Turkey and Iran are not doing what they need to do to make sure their attacks have a minimum impact on civilians. HRW […]
Japan PM Announces New Cabinet
Posted September 2nd, 2011 at 6:50 am (UTC-5)
Japan’s recently-appointed prime minister has announced a new government aimed at guiding the country through a fragile post-earthquake recovery and a shaky economy. Yoshihiko Noda on Friday named Jun Azumi, a journalist turned parliamentary affairs chief of the country’s ruling Democratic party, as his new finance minister. Koichiro Gemba, the outgoing national strategy minister, will […]
Turkey Expels Israeli Ambassador Over UN Report
Posted September 2nd, 2011 at 6:45 am (UTC-5)
Turkey expelled Israel’s ambassador to Ankara on Friday and suspended all military agreements after details emerged of a United Nations report into last year’s deadly Israeli raid on a Gaza-bound Turkish ship. Turkish Foreign Minister Ahmet Davutoglu said Friday his government is reducing its diplomatic presence in Israel to the level of second secretary. The […]
South Africa’s ANC Denies Malema Bid to Drop Charges
Posted September 2nd, 2011 at 6:10 am (UTC-5)
South Africa’s ruling African National Congress said Friday it is not dropping disciplinary charges against its Youth League leader Julius Malema. Malema had sought to have the charges dropped. He is accused of sowing dissension within the ANC by undermining President Jacob Zuma and calling for the overthrow of the leader of neighboring Botswana. Malema […]
