Showing Archived Posts

Japan’s Nikkei Loses Ground

Posted October 27th, 2011 at 6:05 am (UTC-5)
Leave a comment

Japanese markets closed closed higher Thursday, while the U.S. dollar is trading lower against the Japanese yen. Tokyo’s Nikkei index gained just over two percent to finish at 8,927. The dollar was selling at 75.83 yen, a loss of more than one-quarter of a yen from Wednesday. Gold is trading at $1,711.13 an ounce.

Tags: , Posted in Economy

Burmese Police Break Up Rare Public Protest

Posted October 27th, 2011 at 6:00 am (UTC-5)
Leave a comment

Burmese police shut down a rare public protest by dozens of farmers angry over the confiscation of their land. The group staged a sit-in outside a government building in the main city of Rangoon Thursday to protest the seizure of about 4,050 hectares of land by the government. The group’s leader, Pho Phyu, says the […]

Tags: , Posted in East Asia Pacific

Kashmir Official Defends Plans to Withdraw Impunity Laws

Posted October 27th, 2011 at 5:35 am (UTC-5)
Leave a comment

The chief of Indian-controlled Kashmir has defended plans to roll back controversial laws that allow security forces to act with near impunity in the region, saying the move is not an effort to undermine the army. Kashmir’s Chief Administrator Omar Abdullah said Wednesday the Armed Forces Special Powers Act is being revoked in some areas […]

Tags: , Posted in South Asia

U.N. To Consider Plan That Could End NATO’s Libya Mission

Posted October 27th, 2011 at 5:10 am (UTC-5)
Leave a comment

The U.N. Security Council is expected to consider a draft resolution that would effectively end authorization of NATO’s mission in Libya, in spite of calls from Libyan officials for the mission to be extended. Diplomats say the Council may consider the plan as early as Thursday. Last week, NATO announced preliminary plans to phase out […]

Tags: Posted in Middle East

Markets, Leader React Positively to Eurozone Debt Plan

Posted October 27th, 2011 at 4:50 am (UTC-5)
Leave a comment

European Union leaders announced a plan Thursday to significantly reduce Greece’s debt burden and bolster the eurozone bailout fund as part of a comprehensive effort to contain the eurozone debt crisis. Following 10 hours of tense negotiations in Brussels, EU leaders said they convinced private sector investors to accept a 50 percent loss on Greek […]

Tags: , , , Posted in Europe

Asian Stocks Higher

Posted October 27th, 2011 at 4:45 am (UTC-5)
Leave a comment

Asian stock markets closed higher Thursday. Tokyo’s Nikkei index gained just over two percent to finish at 8,927. Hong Kong’s Hang Seng index soared three and one-quarter percent to finish the day’s trading at 19,689. Share prices were also higher in Manila, Shanghai, Sydney, Taipei and Wellington. In currency trading, the dollar was selling at […]

Tags: , , Posted in Economy

Air Strike Kills Suspected Yemeni Militants

Posted October 27th, 2011 at 4:30 am (UTC-5)
Leave a comment

Yemeni officials say an air strike has killed three suspected militants in southern Yemen. Officials said Thursday that six other people were injured in the strike which took place in the village of Shaqra. The village is part of a region where Yemeni security forces have been waging ongoing battles against al-Qaida-linked militants. As President […]

Tags: Posted in Middle East

Turkey Scrambles to Help Quake Survivors as Death Toll Rises

Posted October 27th, 2011 at 4:15 am (UTC-5)
Leave a comment

Turkish authorities are racing to provide shelter for thousands of earthquake victims left homeless and battling rain and snow. Officials say the death toll from Sunday’s 7.2 magnitude tremor has risen to 523 with at least 1,600 people injured. Authorities expect the death toll to continue to climb as more bodies are pulled from the […]

Tags: , Posted in Europe

Global Markets Boosted by Eurozone Debt Deal

Posted October 27th, 2011 at 4:10 am (UTC-5)
Leave a comment

Asian and European markets are on the rise in Thursday trading as investors reacted favorably to a new deal reached by European leaders to contain the region’s debt crisis. Japan’s benchmark Nikkei index closed just over two percent at the end of its trading session, while the main indexes in Hong Kong and Australia are […]

Tags: , Posted in East Asia Pacific

Suspected US Drone Strike Kills 4 in Pakistan

Posted October 27th, 2011 at 4:10 am (UTC-5)
Leave a comment

Pakistani intelligence officials say a suspected U.S. drone strike has killed five militants linked to a top Taliban commander in Pakistan’s northwest tribal region. The officials said the unmanned aircraft fired missiles Thursday at a vehicle in South Waziristan, killing a senior leader and four other militants led by Maulvi Nazir. Nazir’s fighters are said […]

Tags: , , , Posted in South Asia