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Print - 2006-04-13
Malaysian tin hits 15-1/2-month high

Malaysian tin hits 15-1/2-month high

Malaysian tin surged three percent on Wednesday to hit a 15-1/2-month high, following a sharp rise in the metal's London price, as investors' hunger for commodities continued unabated, dealers said.
Published 13 Apr, 2006 12:00am
Oil holds at $69 on Iran tension, eyes US stocks

Oil holds at $69 on Iran tension, eyes US stocks

Oil prices paused at $69 on Wednesday ahead of US fuel inventory data, after jumping 2.3 percent towards record levels this week on uncertain supply from major exporters Iran, Nigeria and Iraq.
Published 13 Apr, 2006 12:00am
MMA gives strike call for Friday

MMA gives strike call for Friday

The Muttahida Majlis-i-Amal on Wednesday condemned the Nishtar Park bombing in the strongest terms and demanded of the Governor Sindh and Home Minister to accept the responsibility and resign from their offices. The religio-political alliance announced to
Published 13 Apr, 2006 12:00am
Australian wool indicator falls

Australian wool indicator falls

The Australian Wool Exchange (AWEX) said on Tuesday its eastern market indicator (EMI) fell two cents to 726c a kg clean at sales in Sydney and Melbourne.
Published 13 Apr, 2006 12:00am
MMA gives strike call for Friday

MMA gives strike call for Friday

The Muttahida Majlis-i-Amal on Wednesday condemned the Nishtar Park bombing in the strongest terms and demanded of the Governor Sindh and Home Minister to accept the responsibility and resign from their offices. The religio-political alliance announced to
Published 13 Apr, 2006 12:00am
Indian wheat futures fall on fresh arrivals

Indian wheat futures fall on fresh arrivals

Indian wheat futures fell slightly on Wednesday with new crop arrivals picking up in key grain producing northern states, while sugar prices slipped on profit taking, brokers said.
Published 13 Apr, 2006 12:00am
New York sugar up as switches dominate

New York sugar up as switches dominate

Raw sugar futures ended mixed Tuesday in a session featuring switch trade as investors moved out of positions in the spot contract since it goes off the board at the end of the month, brokers said.
Published 13 Apr, 2006 12:00am
Soybeans firm on rebound, gains on corn

Soybeans firm on rebound, gains on corn

Chicago Board of Trade soybean futures closed higher on Tuesday, trying to recover from technically oversold conditions, traders said. May soy closed 7-1/4 cents per bushel higher at $5.62-1/2. The deferreds were up 5 to 9 cents.
Published 13 Apr, 2006 12:00am
CBOT rice closes firm on mild rebound

CBOT rice closes firm on mild rebound

Rough rice futures at the Chicago Board of Trade closed higher on Tuesday on a mild rebound after a series of lower closes, traders said.
Published 13 Apr, 2006 12:00am
Tokyo rubber futures reverse gains

Tokyo rubber futures reverse gains

Japanese rubber futures were mostly weaker on Wednesday, erasing some of the previous day's gains, after a slide in other commodities such as gold and base metals sparked liquidation.
Published 13 Apr, 2006 12:00am
Malaysian palm oil ends higher

Malaysian palm oil ends higher

Malaysian crude palm oil futures closed higher on Wednesday, helped by short-covering after a holiday closure and strong US soyoil gains.
Published 13 Apr, 2006 12:00am
Fourth Nepali killed by troops

Fourth Nepali killed by troops

Nepali troops shot dead an activist on Wednesday as violent pro-democracy protests flared for the seventh day across the troubled Himalayan nation.
Published 13 Apr, 2006 12:00am
Court overturns ban on dance bars in Mumbai

Court overturns ban on dance bars in Mumbai

An Indian court struck down Wednesday a controversial order banning dance bars in the financial hub of Mumbai, bringing cheers from champions of the drinking houses.
Published 13 Apr, 2006 12:00am
Venus Express space probe enters orbit

Venus Express space probe enters orbit

Europe's first space probe to Venus slipped smoothly into orbit on Tuesday in a mission designed to send back data from a planet whose extreme atmosphere conceals important similarities with the Earth.
Published 13 Apr, 2006 12:00am
US knew alleged Iraqi WMD trailers harmless

US knew alleged Iraqi WMD trailers harmless

The George W. Bush administration insisted publicly that two trailers captured in Iraq were evidence of a banned weapons programme, months after Pentagon experts had ruled otherwise, The Washington Post reported Wednesday.
Published 13 Apr, 2006 12:00am
IEA raises estimate of need for Opec oil in 2006

IEA raises estimate of need for Opec oil in 2006

Opec will need to pump more oil this year than previously expected to meet rising world demand and cover a shortfall from other producers such as Russia, the International Energy Agency said on Wednesday.
Published 13 Apr, 2006 12:00am
Chevron takes stake in giant Indian refinery

Chevron takes stake in giant Indian refinery

US oil major Chevron said Wednesday it was investing 300 million dollars in an Indian facility that is expected to become the world's largest refinery complex.
Published 13 Apr, 2006 12:00am
China pledges moves to ease trade friction with US

China pledges moves to ease trade friction with US

China promised on Tuesday to reduce trade friction with the United States by reopening its market to US beef, reducing piracy of American goods and beginning talks by end of next year to open its huge government procurement market to foreign firms.
Published 13 Apr, 2006 12:00am
US trade deficit narrows to $65.7 billion

US trade deficit narrows to $65.7 billion

The US trade deficit narrowed 4.1 percent in February to $65.7 billion, as imports fell by the largest amount in nearly a year and the bilateral trade gap with China shrank 22.7 percent, the US Commerce Department said on Wednesday.
Published 13 Apr, 2006 12:00am
Turkish manufacturing confidence rises

Turkish manufacturing confidence rises

Turkey's manufacturing sector confidence index rose 3.6 points month-on-month in March to 104.2 points, well clear of the watershed separating optimism from pessimism, a Central Bank survey showed on Wednesday.
Published 13 Apr, 2006 12:00am
UK jobless rate at 2-1/2-year high

UK jobless rate at 2-1/2-year high

Britain's unemployment rate rose to its highest in 2-1/2 years last month, data showed on Wednesday, suggesting an expected rebound in consumer spending may prove elusive.
Published 13 Apr, 2006 12:00am
IMF to raise global growth forecast: German officials

IMF to raise global growth forecast: German officials

The International Monetary Fund (IMF) is likely to raise its 2006 forecast for global growth and the outlook for the world economy is favourable, German officials said on Wednesday.
Published 13 Apr, 2006 12:00am
Banks, credit card firms warned on overcharge

Banks, credit card firms warned on overcharge

Europe's antitrust chief warned credit card companies and banks on Wednesday that she will start legal action against them for what she sees as overcharging consumers and businesses for using the cards.
Published 13 Apr, 2006 12:00am
EU cuts eurozone growth forecast

EU cuts eurozone growth forecast

European forecasters gave mixed signals about the pace of eurozone economic recovery on Wednesday, with the European Commission cutting its growth estimates while three research institutes raised theirs.
Published 13 Apr, 2006 12:00am
Bank of China dismisses 75 officials

Bank of China dismisses 75 officials

The Bank of China has fired or dismissed 75 bank officials for corrupt practices in a bid to clean up its operations ahead of a planned Hong Kong listing, state press said Wednesday.
Published 13 Apr, 2006 12:00am
US bankers charged over huge insider trading scandal

US bankers charged over huge insider trading scandal

US authorities Tuesday charged a clutch of hotshot young traders connected to Goldman Sachs and Merrill Lynch over what they described as one of the biggest insider trading cases ever uncovered.
Published 13 Apr, 2006 12:00am
Taiwan stocks rise, lifted by tech shares

Taiwan stocks rise, lifted by tech shares

Taiwan stocks rose 0.76 percent on Wednesday, shrugging off weak global share markets, thanks to gains in tech plays such as contract microchip maker TSMC and computer peripherals maker Lite-On Technology.
Published 13 Apr, 2006 12:00am
South Korean shares keep declining

South Korean shares keep declining

Seoul shares fell for a third session in a row on Wednesday, losing 0.2 percent, amid concern that higher oil prices will fan inflation in the key US market and hurt profits at firms such as Samsung Electronics.
Published 13 Apr, 2006 12:00am
Hong Kong shares down on profit-taking

Hong Kong shares down on profit-taking

Hong Kong stocks slid 1 percent on Wednesday, in their steepest one-day decline in three weeks, as profit-taking weighed on recent gainers from China Mobile (Hong Kong) Ltd to Hong Kong Exchanges and Clearing Ltd.
Published 13 Apr, 2006 12:00am
US stocks drop as oil rises, Genentech falls late

US stocks drop as oil rises, Genentech falls late

US stocks fell on Tuesday for a third day as investors worried that a sharp rebound in oil and other commodity prices would lead to higher inflation and hurt consumer and corporate spending.
Published 13 Apr, 2006 12:00am
Thai shares down

Thai shares down

Thai share prices closed 0.26 percent lower Wednesday amid concerns over a stronger baht and doubts about economic growth, dealers said.
Published 13 Apr, 2006 12:00am
US Treasuries rise

US Treasuries rise

US Treasury debt prices rose on Tuesday as hope that the Federal Reserve might stop raising interest rates after its next policy meeting prompted some short-covering following recent setbacks.
Published 13 Apr, 2006 12:00am
US Treasuries rise

US Treasuries rise

US Treasury debt prices rose on Tuesday as hope that the Federal Reserve might stop raising interest rates after its next policy meeting prompted some short-covering following recent setbacks.
Published 13 Apr, 2006 12:00am
Indonesian shares at record high

Indonesian shares at record high

Indonesian share prices closed 0.90 percent higher for a record finish Wednesday on the back of expectations of generous dividend payments by index heavyweight Telkom, dealers said.
Published 13 Apr, 2006 12:00am
Philippines shares close 0.3 percent higher

Philippines shares close 0.3 percent higher

Philippines share prices closed 0.3 percent higher Wednesday, on last-minute bargain hunting with investors squaring off positions on the eve of the long Easter weekend, dealers said.
Published 13 Apr, 2006 12:00am
Nikkei falls 1.5 percent as oil woes prompt selling

Nikkei falls 1.5 percent as oil woes prompt selling

The Nikkei average fell for a third session on Wednesday, posting its biggest one-day fall in over a month as technology and auto stocks succumbed to profit- taking due to concerns higher oil prices could slow global economic growth.
Published 13 Apr, 2006 12:00am
FTSE slips as BT, Scottish & Newcastle fall

FTSE slips as BT, Scottish & Newcastle fall

Britain's top share index retreated from an earlier five-year high on Tuesday to trade lower as shares in BT Group extended their fall, rattled by a broadband competition threat from Carphone Warehouse.
Published 13 Apr, 2006 12:00am
Turkish lira and shares seen softening

Turkish lira and shares seen softening

The Turkish lira and shares could come under fresh pressure on Wednesday following overnight falls in foreign markets and continued concerns about rising interest rates in the world's major economies.
Published 13 Apr, 2006 12:00am
South Korean won turns lower

South Korean won turns lower

The South Korean won weakened on Wednesday as importers bought dollars and foreign investors sold local shares as Seoul's main index fell.
Published 13 Apr, 2006 12:00am
Dollar slips as dealers weigh rates, Iran & data

Dollar slips as dealers weigh rates, Iran & data

The dollar slipped on Tuesday on modest position adjustment by dealers as the greenback's yield advantage narrowed slightly ahead of upcoming US economic data.
Published 13 Apr, 2006 12:00am
Malaysian ringgit seen extending three-month rally

Malaysian ringgit seen extending three-month rally

The Malaysian ringgit scaled an eight-year high on Wednesday and is expected to advance its three-month rally on the back of a rise in China's currency and with help from authorities who want to quell imported inflation.
Published 13 Apr, 2006 12:00am
Euro firms versus dollar

Euro firms versus dollar

The euro firmed against the dollar and the yen on Tuesday, before the key German ZEW survey which is expected to show that business sentiment picked up in April, supporting the case for more euro zone rate rises.
Published 13 Apr, 2006 12:00am
China think-tank urges buying oil

China think-tank urges buying oil

China should consider shifting newly added foreign exchange reserves into strategic commodity reserves such as oil, a leading think-tank said in remarks published on Wednesday.
Published 13 Apr, 2006 12:00am
China think-tank urges buying oil

China think-tank urges buying oil

China should consider shifting newly added foreign exchange reserves into strategic commodity reserves such as oil, a leading think-tank said in remarks published on Wednesday.
Published 13 Apr, 2006 12:00am
Sterling tests 12-day high

Sterling tests 12-day high

Sterling tested 12-day highs against the euro on Monday as British data failed to dent investors' increasing optimism about the interest rate outlook relative to the eurozone.
Published 13 Apr, 2006 12:00am
Dollar weakens in London

Dollar weakens in London

The dollar eased on Monday on profit-taking after last week's late rally, but stayed above recent seven-month lows against the euro after US jobs data on Friday supported the case for further US monetary tightening.
Published 13 Apr, 2006 12:00am
No regrets for Trescothick

No regrets for Trescothick

Marcus Trescothick insisted on Wednesday that he has no regrets about his early exit from England's tour of India. The opening batsman left before the first Test at the beginning of March after contracting a debilitating virus, a problem he partially blam
Published 13 Apr, 2006 12:00am
West Indies Test venue doubtful for Indian tour

West Indies Test venue doubtful for Indian tour

The Jamaican leg of India's tour to the West Indies later this year could be cancelled if renovations to the island's main cricket venue is not completed in time, officials said.
Published 13 Apr, 2006 12:00am
Reigning champion Henin-Hardenne advances with ease

Reigning champion Henin-Hardenne advances with ease

Reigning champion Justine Henin-Hardenne opened her quest for a third title in four years here at a 1.3 million-dollar WTA event on Tuesday with a 6-2, 6-3 victory over Austria's Sybille Bammer.
Published 13 Apr, 2006 12:00am
Roddick advances but French qualifier ousts Blake

Roddick advances but French qualifier ousts Blake

Top seed Andy Roddick advanced to the second round of the 380,000-dollar ATP US Clay Court Championships on Tuesday but fellow American and second seed James Blake was a surprise loser.
Published 13 Apr, 2006 12:00am
England finally taste ODI success in India

England finally taste ODI success in India

England's stand-in captain Andrew Strauss limped his way to 74 as the tourists finally tasted victory in the sixth one-day match against India on Wednesday.
Published 13 Apr, 2006 12:00am
Ponting, Hayden lead Aussies charge towards victory

Ponting, Hayden lead Aussies charge towards victory

Skipper Ricky Ponting and opener Matthew Hayden took champions Australia closer to victory on Wednesday after their early scare against bottom-ranked Bangladesh in the first Test.
Published 13 Apr, 2006 12:00am
Three US marine officers relieved of command amid Iraq probe

Three US marine officers relieved of command amid Iraq probe

The commander of a US marine battalion, which was involved in an incident in Iraq during which 15 civilians were killed, has been relieved of his command along with two other officers, the Marine Corps said Tuesday.
Published 13 Apr, 2006 12:00am
Prince Harry embarks on army career

Prince Harry embarks on army career

To the strains of "God Save the Queen" and a sergeant-major barking orders, Prince Harry, the red-headed party animal of the British royal family, formally embarked on his army career Wednesday as he graduated from the elite Sandhurst military academy.
Published 13 Apr, 2006 12:00am
Blair under fire for use of Queen's planes

Blair under fire for use of Queen's planes

British Prime Minister Tony Blair has taken 677 flights on Queen Elizabeth II's planes since coming to power in 1997 for both official business and family holidays, official figures showed on Wednesday.
Published 13 Apr, 2006 12:00am
Egypt frees 950 members of Gama'a al-Islamiya

Egypt frees 950 members of Gama'a al-Islamiya

Egyptian authorities have freed some 950 former members of the militant Gama'a al-Islamiya (Islamic Group) from detention in the past six weeks, including 300 on Tuesday, police sources said on Wednesday.
Published 13 Apr, 2006 12:00am
Envoys fail to bring North Korea back to nuclear talks

Envoys fail to bring North Korea back to nuclear talks

Envoys Wednesday gave up hope of immediately bringing North Korea back to talks on its nuclear program, going home empty-handed after coming together for a private initiative in Japan.
Published 13 Apr, 2006 12:00am
Five US troops killed in Iraq

Five US troops killed in Iraq

Five US troops have been killed in Iraq over the last three days, the US military announced late Tuesday. Three soldiers died on Tuesday after their vehicle was struck by a roadside bomb north of Baghdad at 3:45 pm (1145 GMT), the military said.
Published 13 Apr, 2006 12:00am
New telescope scans the sky for alien life

New telescope scans the sky for alien life

A Massachusetts observatory unveiled a powerful new telescope on Tuesday designed to capture possible light signals transmitted to Earth by extraterrestrial.
Published 13 Apr, 2006 12:00am
Mafia boss arrested after decades on run

Mafia boss arrested after decades on run

Bernardo Provenzano, the undisputed chief of the Sicilian Mafia who had been on the run for more than four decades, was arrested on Tuesday while hiding in a farmhouse near Corleone in Sicily.
Published 13 Apr, 2006 12:00am
Indian in missile sting gets nearly 5 years prison

Indian in missile sting gets nearly 5 years prison

An Indian-born man who conspired with two others to sell shoulder-launched missiles to al Qaeda or the Taleban has been sentenced to nearly five years in US federal prison after an international sting operation.
Published 13 Apr, 2006 12:00am
Sri Lanka blasts, riot kills 13

Sri Lanka blasts, riot kills 13

Blasts blamed on Tamil Tiger rebels and riots that followed killed 13 people on Wednesday and injured dozens more in north-east Sri Lanka, officials said, raising fears peace talks might not happen and war might restart.
Published 13 Apr, 2006 12:00am
Israeli airstrike kills two Palestinians

Israeli airstrike kills two Palestinians

An Israeli airstrike killed two Palestinian gunmen near the Gaza border on Wednesday as Israel again targeted militants in the area. An army spokeswoman said an Israeli aircraft fired at two men who had approached the Israel-Gaza frontier while holding ri
Published 13 Apr, 2006 12:00am
US probes sale of military secrets in Afghan bazaar

US probes sale of military secrets in Afghan bazaar

The US military in Afghanistan said Wednesday it was investigating the reported sale of military secrets smuggled out of its main base on stolen computer discs and sold in a public bazaar.
Published 13 Apr, 2006 12:00am
Italian vote dispute rages after Prodi wins

Italian vote dispute rages after Prodi wins

Italy faced protracted political limbo on Wednesday as Romano Prodi said he may not be able to form a new government before mid-May and a dispute over alleged irregularities in this week's election added to the confusion.
Published 13 Apr, 2006 12:00am
Nuclear programme unstoppable: top commander

Nuclear programme unstoppable: top commander

Iran's advanced nuclear programme cannot be stopped by the West, one of the Islamic republic's top military commanders declared this on Wednesday.
Published 13 Apr, 2006 12:00am
World powers unite in alarm over Iran's advance

World powers unite in alarm over Iran's advance

World powers voiced deep concern Wednesday over Iran's announcement that it had successfully enriched uranium to make nuclear fuel, describing the move in unison as a "step in the wrong direction."
Published 13 Apr, 2006 12:00am
Iraqi seat empty at Arab League meeting

Iraqi seat empty at Arab League meeting

Iraq left its seat empty at a meeting of Arab foreign ministers on Iraq on Wednesday, carrying out its threat to boycott the Arab League event in protest at remarks by Egyptian President Hosni Mubarak.
Published 13 Apr, 2006 12:00am
Beckett centenary to be marked in Paris

Beckett centenary to be marked in Paris

The Irish community in Paris is preparing to mark Thursday's centenary of the birth of the playwright Samuel Beckett who lived and died here and wrote many of his best-known works in French.
Published 13 Apr, 2006 12:00am
Top Indian film star Rajkumar dies at 77

Top Indian film star Rajkumar dies at 77

Leading South Indian movie star Rajkumar, who was kidnapped by the country's most wanted bandit six years ago, died Wednesday of a cardiac arrest, plunging his fans into mourning.
Published 13 Apr, 2006 12:00am
Asian currencies down on Iran, oil worries

Asian currencies down on Iran, oil worries

Asian currencies fell on Wednesday, some of them reversing early gains, undermined by rising global oil prices and concerns over Iran's nuclear ambitions.
Published 13 Apr, 2006 12:00am
Indian rupee at 3-1/2-month low

Indian rupee at 3-1/2-month low

The Indian rupee hit its lowest level in 2006 on Wednesday after the benchmark share index fell 2.63 percent, and dollar purchases by oil companies added to the local unit's woes, dealers said.
Published 13 Apr, 2006 12:00am
Yuan takes a breather

Yuan takes a breather

China's yuan took a breather on Wednesday, finishing weaker against the dollar following consecutive gains in the past two days. The yuan ended at 8.0120 to the dollar versus Tuesday's close of 8.0050, after the central bank set its mid-point rate at a we
Published 13 Apr, 2006 12:00am
Asia CDS market big potential, big obstacles

Asia CDS market big potential, big obstacles

Asia has about $2 trillion in local currency bonds while the global market in debt derivatives known as credit default swaps (CDS) is growing in leaps and bounds.
Published 13 Apr, 2006 12:00am
Asia CDS market big potential, big obstacles

Asia CDS market big potential, big obstacles

Asia has about $2 trillion in local currency bonds while the global market in debt derivatives known as credit default swaps (CDS) is growing in leaps and bounds.
Published 13 Apr, 2006 12:00am
Sterling at two-week peak versus euro

Sterling at two-week peak versus euro

Sterling rose to a two-week peak against the euro on Wednesday, boosted by speculation that the London Stock Exchange may be a take-over target and by corporate flows ahead of a four-day Easter weekend.
Published 13 Apr, 2006 12:00am
Dollar steadies versus euro in London

Dollar steadies versus euro in London

The dollar moved away from this week's one-month high against the yen and steadied versus the euro on Wednesday before US trade data which could rekindle concerns about the dollar's structural problems.
Published 13 Apr, 2006 12:00am
Bonds: telecoms in focus amid KPN speculation

Bonds: telecoms in focus amid KPN speculation

Telecommunications bonds were in focus on the European credit markets on Wednesday, amid subdued trading ahead of the Easter holidays. The cost of default protection on Dutch telecoms group KPN rose after shareholders on Tuesday voted against a new mechan
Published 13 Apr, 2006 12:00am
Bonds: telecoms in focus amid KPN speculation

Bonds: telecoms in focus amid KPN speculation

Telecommunications bonds were in focus on the European credit markets on Wednesday, amid subdued trading ahead of the Easter holidays. The cost of default protection on Dutch telecoms group KPN rose after shareholders on Tuesday voted against a new mechan
Published 13 Apr, 2006 12:00am
US Stocks: Wednesday's unofficial close

US Stocks: Wednesday's unofficial close

US stocks rose on Wednesday, led by blue chips, as Boeing Co soared to a record high after China placed a large order for new planes. A rebound in General Motors Corp shares also contributed to the blue chip Dow average's gain after a GM executive said it
Published 13 Apr, 2006 12:00am
Indian shares plunge

Indian shares plunge

Indian share prices plunged 2.63 percent Wednesday, the sharpest one-day decline in nearly two years, as overseas funds sold software companies. The fall in software shares came just ahead of earnings results due on Friday for India's second largest softw
Published 13 Apr, 2006 12:00am
Singapore shares lower

Singapore shares lower

Singapore share prices closed 0.33 percent lower Wednesday on profit-taking following Wall Street's overnight slump and a sharp rise in oil prices, dealers said.
Published 13 Apr, 2006 12:00am
Malaysian shares flat

Malaysian shares flat

Malaysian share prices closed flat on Wednesday as blue chips fell on profit-taking, while second board counters continued to buck the trend amid speculative interest, dealers said.
Published 13 Apr, 2006 12:00am
Britain's top share index falls

Britain's top share index falls

Britain's top shares fell on Wednesday as miners and retailers such as GUS dipped, but the FTSE 100 share index recovered from one-week lows to close above 6,000 points for an eighth consecutive day.
Published 13 Apr, 2006 12:00am
Funds shifting to metals from oil

Funds shifting to metals from oil

Money that was invested in oil futures is chasing better returns in metals, spurred by increases in copper and gold prices, a fund manager told Reuters.
Published 13 Apr, 2006 12:00am
EU vows clarity on GMOs, eyes end to deadlock

EU vows clarity on GMOs, eyes end to deadlock

European Union regulators vowed on Wednesday to make biotech policy more transparent, hoping to break Europe's years of deadlock on GMOs and make countries and consumers less sceptical about the technology.
Published 13 Apr, 2006 12:00am
Lofty oil eases as US supplies hit 8-year high

Lofty oil eases as US supplies hit 8-year high

Oil prices eased on Wednesday after a US government report showed crude stockpiles in the world's largest energy consumer rose last week to their highest level since 1998.
Published 13 Apr, 2006 12:00am
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