Eurozone industrial new orders jumped more than expected in August, pointing to continued robust manufacturing activity later this year and raising chances for more European Central Bank rate rises in 2007.
Japan agreed on Tuesday to step up support for Iraq's troubled oil industry as part of Tokyo's quest for more diverse energy supplies. Visiting Iraqi Oil Minister Hussain al-Shahristani and Japanese Minister of Economy, Trade and Industry Akira Amari issu
French consumer spending fell at the fastest pace in nearly 10 years in September as households spent less on cars, textiles and leather goods, but economists said it was a natural correction after a summer spending spree.
Leading world economies are working at almost full capacity and driving inflationary pressures but a general rise in interest rates could slam the brakes on, the head of the OECD warned on Tuesday.
Sony Corp said on Tuesday that a recall of up to 9.6 million of its personal computer batteries was overwhelming its production capacity and warned it could lose some business to its rivals.
Argentine stocks ended little changed on Monday in a session marked by selective trading and little activity. The MerVal index of 13 leading stocks closed off 0.4 percent at 1,701.67 points.
Taiwan stocks rose 0.81 percent to finish at a one-week high on Tuesday as a record close for the Dow fanned investor hopes of stronger demand for US firms' suppliers like Taiwan Semiconductor Manufacturing Co.
Hong Kong stocks climbed to fresh 6-1/2 year closing highs on Tuesday, boosted by the Dow's record finish and ample funds in the market, with China Mobile scaling a new 6-year peak.
US stocks rallied on Monday, with the Dow average closing at another record high, buoyed by optimism about the spending outlook at Wal-Mart Stores Inc and the belief that falling gasoline prices will help boost consumer spending.
US Treasury debt prices fell on Monday, pressured by the sale of $41 billion of government securities this week and investors' jitters the Federal Reserve might sound a stern inflation warning after its meeting ends on Wednesday.
US Treasury debt prices fell on Monday, pressured by the sale of $41 billion of government securities this week and investors' jitters the Federal Reserve might sound a stern inflation warning after its meeting ends on Wednesday.
Chinese shares surged 2.6 percent to a new five-year closing high on Tuesday, rebounding from a 1.73 percent drop the previous day, as funds frozen during ICBC's initial public offer began returning to the market.
Thai share prices closed 0.49 percent higher on Tuesday, remaining at a five-month high as investors were upbeat following sustained record highs on Wall Street and falling oil prices, dealers said. They said the expected approval of the country's budget
Seoul shares edged up 0.11 percent on Tuesday, as some exporters such as Hyundai Motor advanced after oil prices fell and Wall Street rallied, while construction firms gained on government proposals to build a new city near the capital.
The Nikkei average slipped 0.05 percent on Tuesday as Kao Corp fell on poor earnings while a cell phone price war started by Softbank Corp dragged down other operators such as KDDI Corp.
The Hong Kong dollar pulled back from offshore highs on Tuesday, while interbank rates maintained a steady to soft tone amid flush liquidity. The currency was trading at 7.7828/29 against the US dollar at 0427 GMT, retreating from a high of 7.7802 hit in
The dollar gained on Monday as many investors prepared for the Federal Reserve to reiterate its concern about rising US inflationary pressures when it announces its interest rate decision on Wednesday.
China needs to improve the flexibility of the yuan as part of financial reforms that should also include liberalising interest rates, a deputy central bank governor said on Tuesday. "To deepen financial reforms, we must make interest rates more market-ori
The South Korean won ended slightly higher on Tuesday as exporters including shipbuilders and electronics makers sold dollars ahead of the end of the month, prompting investors to clear dollar-long positions.
Financial markets have wrung out the last hope of a Federal Reserve interest rate cut in the first quarter of 2007 and are fearful that the central bank will end its policy impasse with a rate increase instead.
The Taiwan dollar weakened on Tuesday, weighed down by the Japanese yen, as the market waited for the US Federal Reserve to air any concerns it may have about inflation at an upcoming meeting. The Taiwan dollar opened at T$33.305 against the US dollar, we
Australia's interest rates may have to be raised again given the risks to underlying inflation after 15 years of economic expansion, the International Monetary Fund said on Tuesday.
China's yuan fell slightly against the dollar amid thin trade on Tuesday, as investors continued to hold their bets while awaiting the outcome of the US Federal Reserve's policy meeting.
The dollar steadied against the yen on Tuesday after getting a lift in the previous session as traders braced for the Federal Reserve to reiterate concerns about inflationary pressures at an upcoming policy meeting.
Paul Casey goes into this week's Volvo Masters in pole position to win a four-way race for the European order of merit title. A new name will appear on the coveted Harry Vardon trophy when the final tournament of the season ends on Sunday and Casey is und
World No 1 Amelie Mauresmo said Tuesday she expected to be fully fit in time to start the defence of her WTA Tour Championship title here from November 6-12. The French stylist was forced to withdraw ahead of her quarter-final tie against Daniela Hantucho
Roger Federer and Marat Safin, the last two Australian Open champions, will fine-tune their preparations for the opening grand slam of 2007 at the Kooyong Classic in Melbourne, Tennis Australia said on Tuesday.
England's Ashes side is stronger than the one that defeated Australia last year thanks to rising spinner Monty Panesar and wicketkeeper Chris Read, spin-king Shane Warne said Tuesday. After trying for 16 years to reclaim the coveted Ashes, England managed
West Indies all-rounder Dwayne Bravo said Tuesday India would be tough to beat in the Champions Trophy tournament despite his team's recent impressive record against them.
Pakistan coach Bob Woolmer has urged his players to show the same intensity they did in crisis against Sri Lanka when they face New Zealand in their second Champions Trophy Group B tie on Wednesday.
Humans are stripping nature at an unprecedented rate and will need two planets' worth of natural resources every year by 2050 on current trends, the WWF conservation group said on Tuesday.
A row broke out in Italy on Tuesday over controversial figures estimating that some 90 people a day die in the country's hospitals due to bad medical practices.
The world must agree long-term cuts in greenhouse gases by the end of 2009 to give businesses time to adapt to new rules beyond the UN's Kyoto Protocol running to 2012, Finland's environment minister said on Tuesday.
Have a problem in Russia? There is one sure-fire way to solve it: Get on the telephone to President Vladimir Putin. Putin on Wednesday will field questions, requests and complaints from ordinary people across his vast country in a live television show - c
Long lines and long counts threaten to march next month's US congressional elections as millions of Americans put new voting machines and rules to the test, election officials and experts say.
An earthquake measuring 5.2 on the open-ended Richter scale struck the Bay of Gemlik, north-western Turkey, at 5:00 pm (1400 GMT) Tuesday, the Kandilli Observatory in Istanbul reported.
An armed group set fire to a Christian church in Indonesia's Poso region on Tuesday, a day after it clashed with a patrol party in the troubled region, a police officer said.
Britain and Ireland will restrict the influx of migrant workers from Bulgaria and Romania after they join the European Union in January in a shift from the open-door policy adopted towards other eastern Europeans.
The European Union endorsed an agreement with the United States to facilitate the exchange of information between EU and US prosecutors on terrorism and cross-border criminal cases, it said on Tuesday.
Iraq's government has agreed to a timetable of steps over the next year to ease spiralling violence, US officials said on Tuesday, as election pressure mounts on President George W. Bush to change his Iraq policy.
The French government outlined plans on Tuesday to shake up the country's Napoleonic justice system after a scandal triggered by a child abuse case that led to one of the France's worst miscarriages of justice in decades.
An Afghan girl was killed and two wounded when a mortar test-fired by Nato troops fell short of its target and hit a home in Afghanistan, military and police officials said Tuesday.
Israeli authorities said on Tuesday they were examining the 2005 privatisation of Bank Leumi after Israeli media raised new corruption allegations against Prime Minister Ehud Olmert related to his role in the sale.
A Spanish photographer for the Associated Press news agency was kidnapped Tuesday by gunmen off a street in Gaza City, the latest abduction of a Westerner in the increasingly lawless Palestinian territory.
A Dutch court on Tuesday sentenced a 30-year-old woman who killed four of her own babies to three years in prison with additional mandatory psychiatric treatment. The woman, identified as Etta Alderen, was convicted of four counts of manslaughter.
North Korean leader Kim Jong-il has not apologised for a nuclear test but said he had no plans for a second test while reserving Pyongyang's options if the crisis escalates, China said on Tuesday.
Hungary's government pledged on Tuesday to stand by embattled Prime Minister Ferenc Gyurcsany who blamed the opposition for riots that marred the 50th anniversary of the country's anti-Soviet uprising.
A US soldier was reported missing in Baghdad on Monday, the military said, and troops backed by armoured vehicles and helicopters were conducting house-to-house searches in the capital's centre at night.
Sterling slipped against the dollar on Tuesday, although losses were limited by traders' reluctance to take on big bets ahead of the US Federal Reserve's interest rate decision on Wednesday.
The dollar was confined to narrow ranges on Tuesday, edging up slightly against most major currencies as traders looked ahead to the Federal Reserve's policy decision and statement on Wednesday.
Currency moves by institutional investors are suggesting that precious little attention is being paid to fundamental economics at the moment while the search for yield remains paramount.
The Australian dollar edged below six-week highs against a broadly stronger US dollar on Tuesday, ahead of inflation data on Wednesday that might prompt Australia's central bank to raise interest rates by year-end.
The Swiss franc was weaker against the dollar and the euro in early trade on Tuesday as markets await a speech from Swiss National Bank Chairman Jean-Pierre Roth later in the day.
The cost of default protection on Ford and its financing arm fell on Tuesday as investors kept a positive view on the US automaker and its new management a day after it posted its largest quarterly loss in 14 years.
The cost of default protection on Ford and its financing arm fell on Tuesday as investors kept a positive view on the US automaker and its new management a day after it posted its largest quarterly loss in 14 years.
US tech stocks fell on Tuesday as a disappointing outlook from Texas Instruments Inc, the No 1 maker of chips for cell phones, raised concerns about the outlook for corporate profits.
Britain's FTSE 100 share index hit a 5-1/2 year closing high on Tuesday, buoyed by energy producers pushing higher on positive earnings from oil giant BP but weighed by miners. BP added 1.1 percent after reporting its third-quarter replacement cost net pr
Shaun Pollock led a pack of sharp pacemen to inspire South Africa's crucial 78-run victory over Sri Lanka in the Champions Trophy tournament here on Tuesday.
Thailand should expand its palm oil plantations despite the post-coup government scrapping a plan to grow the fruit for biodiesel, the Thai oil palm industry chief said on Tuesday.
The late-season spread of soyabean rust has infected 14 new counties in five states, pushing the US total above 200 counties, with the Agriculture Department warning on Tuesday that more findings are expected until a severe frost kills the fungus.
Oil rose above $59 a barrel on Tuesday after the United Arab Emirates told buyers it will cut exports next month, tempering scepticism that Opec members will implement pledged cutbacks.
Rains eased in the past week in Ivory Coast's main cocoa regions and farmers welcomed lengthy sunny spells that were useful for drying beans as the harvesting of the October-March main crop intensifies.
Cotton futures settled easier Tuesday on speculative sales after an attempt to push the market up stalled badly at the top of the range, and this could lead to further losses in the coming days, brokers said.
London white sugar futures closed easier on arbitrage selling after a quiet session on Tuesday, with the Eidul Fitr holiday likely weighing on volumes. December settled down $3.7 to $397.6 per tonne in volume of 1,429 lots after trading from $397.0 to $40
Copper prices tracked gold on Tuesday and the 6.8 percent jump in inventories dampened the market's overall performance, traders said. "Copper had a look on the downside... but once gold recovered the rest of the metals followed it higher," a London Metal
Gold fell to its lowest in more than a week on Tuesday, but recovered with oil prices after it failed to break key support as the market waited for a statement from the US Federal Reserve, traders said.
Raw sugar prices closed lower Tuesday on producer and speculative sales to scupper an early advance and most analysts feel the market may see further weakness due to bearish fundamentals in the days ahead.
Wheat futures at the Chicago Board of Trade were higher at midsession on Tuesday, rallying from early declines as an upturn in corn futures sparked speculative buying, traders said.
Corn futures at the Chicago Board of Trade were mixed early on Tuesday in consolidation trading, traders said. Traders said there was some profit-taking pressure after the strong gains on Monday that were led by fund buying.
Copper futures in New York slipped over 2 percent at the open on Tuesday, pressured by another large influx of stocks into London warehouses and a slightly weaker base metals complex, sources said.
Gold fell after the open of US futures trade on Tuesday, with soft oil prices and long liquidation overwhelming a preference to stand aside before the US Federal Reserve starts two-day interest rate talks.
The World Bank has applauded the performance of Earthquake Rehabilitation and Reconstruction Authority (Erra) in the wake of October 8 earthquake and said: "The progress made in just one year is truly impressive, given the scale of this terrible tragedy."
Ukraine's Malyshhev Munitions Factory Nationa Company will make a contract with Defence Ministry of Pakistan on military supplies of 100 million dollars or more.
Taking advantage of extraordinary rush of people as well as following the way of transporters, rickshaw and taxi driver have fleecing the commuters travelling in different intercity routes.
Some 75 vehicles will soon be linked to Global Positioning System (GPS) to increase their number to 100 bringing more police officials under the satellite-based electronic system watch here.
Pakistani immigrant Samiul Haque Noor, 36, took top prize at 2nd annual Vendy Awards for New York City street food vendors, beating out three other finalists with his sizzling spice-filled Halal dishes.
Pakistan had formulated its post-9/11 policy many hours before the US official, Richard Armitage's threat "to bomb Pakistan back to Stone Age" was received by the government, says Abdul Sattar, who was foreign minister at that time.
"The recent reported developments in dialogue between India and Pakistan is encouraging to the people of Jammu and Kashmir", said ex Chief Justice of Azad Jammu Kashmir High Court (AJKHC) Justice Abdul Majeed Mallick (Retd).
Al-Khidmat Foundation, NWFP chapter under the special Eid packages has been distributed edibles and other things of daily usages worth of Rs 0.65 million in poor and needy people for which the Zonal Amirs of Jamaat-i-Islami were assigned the task to selec
The 59th founding day of the Azad Jammu Kashmir (AJK) government was observed on Tuesday by the Kashmiri people with renewed pledges and commitment to continue struggling till the liberation of occupied Jammu & Kashmir from Indian yoke.
I am a frequent traveller through the Clifton underpass. The mural coming up on the sides walls is developing very well. Well done, KPT, for doing a good job. Karachi needs a few more such ventures. I would request the graffiti writers not to spoil the ve
Miss Azmi's refusal to remove her veil while teaching kids about eight years old in a primary school in Dewsbury - West York, UK does not reflect Muslim cultural identity in anyway. European countries have absorbed Muslim immigrants from world over, inclu
Does being arrogant and obnoxious make anyone invincible? Does undergoing gruelling workouts and physical training in the jungles and outbacks, with their home media (print and electronic) following/recording and publishing/beaming the He-Men chronicles t
This is with reference to the news regarding Government officials' misuse of imported luxury vehicles at government expenses. I would like to express my views through your newspaper.
Two years after making history as the first African woman to win the Nobel peace prize, Kenyan eco-warrior Wangari Maathai is restless and setting her sights on a new environmental challenge.
Young Thai filmmakers are using their cameras as a tool for peace, training their lenses on the kingdom's insurgency-torn south to try and promote understanding between Muslims and Buddhists.
In Gaza City's Firas market the stalls are laden with gift items and toys, fireworks, new clothes, cooking utensils and fish as people crowd around, looking, touching and walking on.
A powerful bomb explosion in a crowded fruit and vegetable market near Jinnah Park in Peshawar in the evening rush hour last Friday left seven people dead, and over 40 others injured, 13 of them seriously, which means that the death toll may go up.
We celebrate this Eid-ul-Fitr in different parts of the country on three different days - Tuesday, Wednesday and Thursday - which has spoiled the festive spirit associated with the day. This though is not the first time that the people in most of Pakistan
Local Met office has forecast a partly cloudy weather with chances of thunderstorm and rain during the next 24 hours in the city and its suburbs. On Tuesday, maximum and minimum temperatures were recorded at 28.2 and 16.0 Celsius, respectively.
In order to enhance export of fruits and vegetables, Pakistan Horticulture Development and Export Board (PHDEB) has chalked out a four-year "Vision 2011" plan. Chairman Pakistan Horticulture and Export Board, Saadat Ejaz Qureshi, told Business Recorder
The United Nations Day was celebrated on Tuesday here like other parts of the world to mark the anniversary of the entry into force of the United Nations Charter in 1945.