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Print - 2011-11-07
Mugabe supporters stone Zimbabwe Prime Minister's rally

Mugabe supporters stone Zimbabwe Prime Minister's rally

Young supporters of Zimbabwe's President Robert Mugabe stoned and beat up backers of Prime Minister Morgan Tsvangirai on Sunday, blocking a planned rally of his Movement for Democratic Change party.
Published 07 Nov, 2011 12:00am
Israel arrests three settlers over mosque attack

Israel arrests three settlers over mosque attack

Three Israeli settlers have been arrested on suspicion of attacking Palestinian and Arab-Israeli property and buildings, including a mosque, police said on Sunday.
Published 07 Nov, 2011 12:00am
United to fly Houston-Chicago on Solazyme biofuel

United to fly Houston-Chicago on Solazyme biofuel

United Airlines, the world's largest air carrier, will make the first US commercial flight using an "advanced biofuel" on Monday, algae-based biofuel maker Solazyme Inc said. The flight from Houston to Chicago will take the Boeing 737-800 from the former
Published 07 Nov, 2011 12:00am
South Africa ANC wraps up Malema hearing, to rule next week

South Africa ANC wraps up Malema hearing, to rule next week

South Africa's ANC will announce its ruling next week on disciplinary charges against its youth leader Julius Malema, a senior official said, as the ruling party wrapped up a hearing on Sunday that may derail the career of the populist firebrand. The Afri
Published 07 Nov, 2011 12:00am
Hong Kong police renew hunt for murder suspect after 23 years

Hong Kong police renew hunt for murder suspect after 23 years

Police in Hong Kong Sunday offered a reward of more than 38,000 US dollars for a suspected killer who has been on the run for 23 years. The reward has been put up to try to trace a former school labourer believed to have killed a co-worker and dumped him
Published 07 Nov, 2011 12:00am
Egyptian arrested for throwing fire bomb to buy gas cylinder

Egyptian arrested for throwing fire bomb to buy gas cylinder

Police have arrested an Egyptian for lobbing a fire bomb to disperse a crowd at a provincial depot selling cheap butane gas cylinders, local newspapers reported on Sunday. The 26-year-old man told investigators he had used the bomb after failing to get a
Published 07 Nov, 2011 12:00am
Four dead, five missing as Indian ship sinks off Oman

Four dead, five missing as Indian ship sinks off Oman

Four crewmen died and five are still missing after an Indian ship sank in bad weather off the coast of Oman, state media in the Gulf sultanate reported on Sunday. The Omani coastguard rescued six sailors and recovered four bodies after the sinking around
Published 07 Nov, 2011 12:00am
5.6 earthquake shakes central Oklahoma

5.6 earthquake shakes central Oklahoma

A rare 5.6 earthquake, considered to be the strongest on record in the area, shook the central US state of Oklahoma late Saturday reportedly causing damage but no injuries. After initially putting the magnitude of the temblor at 5.2, the US Geological Sur
Published 07 Nov, 2011 12:00am
Last mountain priest dies in India's Sikkim

Last mountain priest dies in India's Sikkim

An ancient ritual of worshipping Kanchenjunga, the world's third-highest mountain, has ended with the death of the last Lepcha priest in remote northeast India, reports said Sunday. "The tradition has ended forever. It is not possible for another person t
Published 07 Nov, 2011 12:00am
Kenya-Eritrea row over arms to Somalia grows

Kenya-Eritrea row over arms to Somalia grows

Eritrea has rejected Kenyan suspicions that it may be arming Islamist al Shabaab rebels in Somalia, as a diplomatic row between the two countries intensifies. Kenya's Foreign Affairs Minister Moses Wetangula said on Friday he had summoned the Eritrean amb
Published 07 Nov, 2011 12:00am
Guatemala chooses president amid vote-buying charges

Guatemala chooses president amid vote-buying charges

Polls opened early Sunday in Guatemala's runoff presidential election, in an acrimonious atmosphere exacerbated by charges of vote buying. More than 7.3 million Guatemalans are eligible to take part in the polls pitting right-wing retired general Otto Per
Published 07 Nov, 2011 12:00am
Singapore's Lee fighting nervous disease

Singapore's Lee fighting nervous disease

Singapore's founding leader Lee Kuan Yew is fighting a neurological disease that is making it difficult for him to walk steadily, his daughter revealed Sunday. Lee, who turned 88 in September, suffers from sensory peripheral neuropathy, his physician daug
Published 07 Nov, 2011 12:00am
Eight killed in mudslides in Colombia

Eight killed in mudslides in Colombia

At least eight people were killed Saturday and dozens were missing when mudslides swept over parts of towns in western Colombia as the country was battered by ongoing heavy rain, authorities said. In one of the incidents that hit Quindio and Caldas depart
Published 07 Nov, 2011 12:00am
Turkish hacker claims credit for French paper cyber-attack

Turkish hacker claims credit for French paper cyber-attack

A Turkish hacker claimed credit on Sunday for bringing down the website of a French satirical weekly that published images of the Prophet Mohammed (PBUH) that he said were an insult to Islam. But in an interview with France's Le Journal du Dimanche, the h
Published 07 Nov, 2011 12:00am
Bike, radio gave Israeli held in Gaza some reprieve

Bike, radio gave Israeli held in Gaza some reprieve

Gilad Shalit's captors provided him with a stationary bicycle, a radio and paper on which to draw and chronicle his captivity, according to officials who disclosed on Sunday preliminary details of the freed Israeli soldier's ordeal.
Published 07 Nov, 2011 12:00am
Nigerian forces hunt killers, locals demand security

Nigerian forces hunt killers, locals demand security

Nigerian security forces said on Sunday they were hunting for militants behind a co-ordinated attack in the north that killed at least 65 people, as shocked residents demanded the government do more to protect them.
Published 07 Nov, 2011 12:00am
Biggest spike ever in global warming gases

Biggest spike ever in global warming gases

Harmful carbon emissions from burning fossil fuels made their biggest ever annual jump in 2010, according to the US Department of Energy's latest world data released last week.
Published 07 Nov, 2011 12:00am
No heart attack risk from attention-deficit drugs

No heart attack risk from attention-deficit drugs

A major study of more than one million children and young adults has shown no higher risk of heart attack among those who take drugs for attention deficit hyperactivity disorder, a US study said. "This large study showed no evidence that current use of an
Published 07 Nov, 2011 12:00am
More evidence obesity tied to colon cancer

More evidence obesity tied to colon cancer

Older adults who are heavy, especially around the middle, seem to have a higher risk of developing colon cancer than their thinner peers - and exercise may lower the incidence of the disease, especially for women, a European study said.
Published 07 Nov, 2011 12:00am
Scientists make human blood protein from rice

Scientists make human blood protein from rice

Scientists at a Chinese university said they can use rice to make albumin, a protein found in human blood that is often used for treating burns, traumatic shock and liver disease. When extracted from rice seeds, the protein is "physically and chemically e
Published 07 Nov, 2011 12:00am
Yoga aids chronic back pain

Yoga aids chronic back pain

People who took yoga classes for chronic lower back pain experienced more lifestyle improvements and better overall health than those who sought a doctor's advice, said a study published on November 01. The research in the US journal the Annals of Interna
Published 07 Nov, 2011 12:00am
Arabian cyclones intensified by South Asian pollution

Arabian cyclones intensified by South Asian pollution

Airborne pollution from South Asia is helping to brew monster storms in the Arabian Sea that have claimed thousands of lives and cost billions of dollars, scientists said on November 02. In a paper published in the British journal Nature, researchers poin
Published 07 Nov, 2011 12:00am
Giant crack glimpsed in Antarctic ice sheet

Giant crack glimpsed in Antarctic ice sheet

A massive crack is growing wider in the Antarctic ice sheet and could break apart in the coming months, forming an iceberg the size of New York City, NASA scientists warned on November 03. The crack in western Antarctica's Pine Island Glacier stretches fo
Published 07 Nov, 2011 12:00am
Google gives Gmail a new look

Google gives Gmail a new look

Google on November 1 unveiled a new look for its free email service, inviting users to switch if they like what they see. The new layout has a revamped "conversation view" to make it easier to keep track of who said what in email trails and improved tools
Published 07 Nov, 2011 12:00am
Google bets on mobile Internet growth in India

Google bets on mobile Internet growth in India

Internet giant Google expects India's Internet growth to be driven by mobile users, predicting that they will form the majority of new Internet users in the country as low-priced smartphones become available. India now has 100 million Internet users, less
Published 07 Nov, 2011 12:00am
Apple fixing iPhone 4S battery drain

Apple fixing iPhone 4S battery drain

Apple on November 2 said it is working to squash software bugs that have evidently been eating away at battery life in the iPhone 4s and other gadgets powered by its latest mobile operating system. "A small number of customers have reported lower than exp
Published 07 Nov, 2011 12:00am
New website seeks to hold journalists accountable

New website seeks to hold journalists accountable

A Wikipedia-style website launched on October 31 which provides information about the journalists behind the by-lines. News Transparency is a creation of Ira Stoll, the founder of another website called FutureOfCapitalism.com and the former managing edito
Published 07 Nov, 2011 12:00am
Tapjoy calms mobile 'app' storm

Tapjoy calms mobile 'app' storm

Start-up Tapjoy on November 3 set out to woo smartphone and tablet computer lovers with a marketplace that makes it easy to find and use applications suited to their tastes. Tapjoy.com differentiates itself from rivals such as Apple's App Store, the Andro
Published 07 Nov, 2011 12:00am
Tech-obsessed Koreans drive smartphone boom

Tech-obsessed Koreans drive smartphone boom

Technology-obsessed South Koreans fell in love with the smartphone relatively late, but are making up for lost time at astonishing speed. The number of smartphone subscribers hit 20.1 million late last week in a country of just under 49 million people - c
Published 07 Nov, 2011 12:00am
HP unveils plan to build low-power servers

HP unveils plan to build low-power servers

Hewlett Packard Co unveiled plans to develop extremely low-energy servers, partnering with companies such as chip designers ARM Holdings Plc and Advanced Micro Devices Inc in a move that could threaten the dominance of Intel Corp. Explosive growth in data
Published 07 Nov, 2011 12:00am
Microsoft offers defenses against Duqu virus

Microsoft offers defenses against Duqu virus

Microsoft on November 4 was advising companies how to defend against infection by a Stuxnet-like Duqu virus. The US technology colossus released the "workaround" along with detailed information it said would enable anti-virus software companies to detect
Published 07 Nov, 2011 12:00am
iPhone 4S coming to more countries on 11th

iPhone 4S coming to more countries on 11th

Apple said on November 1 that the iPhone 4S, the latest version of its hot-selling smartphone, would go on sale in more countries in Asia, Europe and Central America this month. Apple said the iPhone 4S will be available on November 11 in Albania, Armenia
Published 07 Nov, 2011 12:00am
Google expands online bookstore to Canada

Google expands online bookstore to Canada

Google expanded its online bookstore to Canada on November 1, offering hundreds of thousands of electronic books for sale and millions of others for free.
Published 07 Nov, 2011 12:00am
Google bakes freshness into search results

Google bakes freshness into search results

Google announced on November 3 a major adjustment to its search engine to bake more freshness into results. "Search results, like warm cookies right out of the oven or cool refreshing fruit on a hot summer's day, are best when they're fresh," Google fello
Published 07 Nov, 2011 12:00am
Google Maps taking viewers inside shops

Google Maps taking viewers inside shops

Google's free online map service is letting shops, gyms, restaurants and other small businesses provide viewers glimpses of what lies behind facades seen on Street View. A test programme launched in April of last year was bearing fruit in a growing array
Published 07 Nov, 2011 12:00am
Hugo Boss posts 30 percent profit rise in third quarter

Hugo Boss posts 30 percent profit rise in third quarter

German fashion retailer Hugo Boss announced on November 03 a strong rise in profits in the third quarter of this year, driven by strong demand in all of its main markets. Boss said in a statement its bottom-line profit jumped by 30 percent to 119.7 millio
Published 07 Nov, 2011 12:00am
Barclays sets bar high and low for peers

Barclays sets bar high and low for peers

Barclays' latest numbers add up to a curate's egg. In a terrible third quarter for investment banks, Barclays did relatively well. But by the end of September, chief executive Bob Diamond had already axed 3,500 posts -- 500 more than previously expected f
Published 07 Nov, 2011 12:00am
Google offers free websites for small Indian firms

Google offers free websites for small Indian firms

Internet giant Google on November 02 launched a free start-up scheme to help small Indian businesses host their own websites as the country's booming economy increasingly moves online. Firms will be able to set up and maintain basic websites to boost thei
Published 07 Nov, 2011 12:00am
TDK to reduce global workforce by 11,000

TDK to reduce global workforce by 11,000

Japanese electronic component and data storage maker TDK said it would cut its global workforce by 11,000, or roughly 12 percent, amid cost-cutting measures to boost profitability. The reduction would take place over a two-year period, national broadcaste
Published 07 Nov, 2011 12:00am
Oilfield jobs boom in US despite recession

Oilfield jobs boom in US despite recession

Jobs related to oil and gas drilling account for more than one in eight of all net new nonfarm jobs in the United States since 2003, and almost one in five in the private sector, according to an analysis of data from the Bureau of Labour Statistics (BLS).
Published 07 Nov, 2011 12:00am
Nomura posts $591 million loss, triples cost-cut target

Nomura posts $591 million loss, triples cost-cut target

Japan's Nomura Holdings posted its first quarterly loss in 2-1/2 years on November 01 due to a slump in investment banking revenues and tripled its cost-cutting target to $1.2 billion to cope with market conditions a top executive said were about as tough
Published 07 Nov, 2011 12:00am
Westpac unveils 10 percent jump in annual profits

Westpac unveils 10 percent jump in annual profits

Australian banking giant Westpac unveiled a 10 percent jump in annual profits on November 02, but warned of a "softer" economic outlook due to jitters generated by Europe's debt crisis. Westpac's net profit jumped to Aus$6.99 billion (US$7.21 billion) in
Published 07 Nov, 2011 12:00am
Gazprom to explore for gas in Bangladesh

Gazprom to explore for gas in Bangladesh

Russia's Gazprom, the world's largest natural gas company, on October 31 proposed exploring for gas in Bangladesh's onshore fields to cushion an energy crisis that has slowed the country's economic growth, a senior government official said. A Gazprom dele
Published 07 Nov, 2011 12:00am
Asia 2012 refining profits to fall on cooler demand

Asia 2012 refining profits to fall on cooler demand

Asian refiners could earn as much as 20 percent less in 2012 from processing a barrel of crude into fuel than this year's average, as they get pinched between new additions to capacity and expectations of slowing global demand growth.
Published 07 Nov, 2011 12:00am
David wins record sixth World Open squash title

David wins record sixth World Open squash title

Malaysian squash superstar Nicol David won a record sixth women's World Open title here on Sunday with a straight games victory over England's Jenny Duncalf. David prevailed 11-2, 11-5, 11-0 in slightly less than half an hour in which the Amsterdam-based
Published 07 Nov, 2011 12:00am
Wolves boost survival bid with win over Wigan

Wolves boost survival bid with win over Wigan

Wolves boosted their bid to avoid relegation from the Premier League with a crucial 3-1 win over fellow strugglers Wigan at Molineux on Sunday. Mick McCarthy's team started the day just three points ahead of bottom of the table Wigan, but goals from Jamie
Published 07 Nov, 2011 12:00am
Germans in the money if they win Euro 2012

Germans in the money if they win Euro 2012

The Germany national squad, plus coach Joachim Loew and his backroom staff, stand to make 300,000 euros (413,640 US dollars) per head if they win the Euro 2012 title in the Ukraine and Poland next June. Germany play a friendly against the Ukraine on Frida
Published 07 Nov, 2011 12:00am
Chanderpaul ton boosts West Indies

Chanderpaul ton boosts West Indies

Shivnarine Chanderpaul cracked an impressive 111 not out to pull the West Indies out of trouble on the opening day of the first Test against India on Sunday in New Delhi. The veteran left-hander hit two sixes and seven fours in his 24th Test hundred, and
Published 07 Nov, 2011 12:00am
Ajmal's late strikes keep third Test in balance

Ajmal's late strikes keep third Test in balance

Off-spinner Saeed Ajmal took two wickets in an over to check Sri Lanka's victory bids on the fourth day of the third and final cricket Test against Pakistan at Sharjah stadium here on Sunday. The wily-spinner dismissed Angelo Mathews (13) and Kaushala Sil
Published 07 Nov, 2011 12:00am
Ana Ivanovic wins Commonwealth Bank final

Ana Ivanovic wins Commonwealth Bank final

Ana Ivanovic celebrated her 24th birthday on Sunday with a comfortable 6-3, 6-0 victory over Spain's Anabel Medina Garrigues in the final of the Commonwealth Bank Tournament of Champions. The Serbian former world number one and crowd favourite maintained
Published 07 Nov, 2011 12:00am
Pavlyuchenkova keeps Russia on Fed track

Pavlyuchenkova keeps Russia on Fed track

Anastasia Pavlyuchenkova of Russia levelled the scores at 2-2 in the Fed Cup final against Czech Republic, beating Lucie Safarova in straight sets here on Sunday. Earlier, this year's Wimbledon champion Petra Kvitova lifted the Czech Republic into a 2-1 l
Published 07 Nov, 2011 12:00am
Japan's Aoh retains WBC super feather title

Japan's Aoh retains WBC super feather title

Japan's Takahiro Aoh defeated the previously unbeaten Devis Boschiero of Italy by a split points decision to successfully defend his WBC super featherweight title on Sunday in Tokyo. Two judges scored it 115-113 in favour of the defending champion, while
Published 07 Nov, 2011 12:00am
Judges blame board inaction for betting scandal

Judges blame board inaction for betting scandal

Pakistan's senior judges, who conducted match-fixing inquiries in the past, Sunday said their recommendations to check corruption in cricket were ignored and that led to the latest betting scandal. A British judge Thursday sentenced former captain Salman
Published 07 Nov, 2011 12:00am
ICC have to be tougher, ban countries, says Condon

ICC have to be tougher, ban countries, says Condon

Countries who lack the resolution to deal with corrupt cricketers should be barred from the sport the first head of the International Cricket Council (ICC) anti-corruption unit Lord Condon told the BBC on Sunday.
Published 07 Nov, 2011 12:00am
Frazier fighting advanced liver cancer

Frazier fighting advanced liver cancer

Former world heavyweight champion Joe Frazier, who battled Muhammad Ali in a famed 1970s boxing trilogy, is fighting for his life with advanced liver cancer. Frazier, 67, was the first man to defeat the legendary Ali, taking the undisputed heavyweight tit
Published 07 Nov, 2011 12:00am
China's tech firms back Beijing in controls on Internet

China's tech firms back Beijing in controls on Internet

The heads of China's largest technology companies have endorsed Beijing's aim to intensify controls of online social media, pledging to "stop the spread of harmful information" on the Internet, state news agency Xinhua said on Sunday.
Published 07 Nov, 2011 12:00am
Swiss National Bank ready for more measures

Swiss National Bank ready for more measures

The Swiss National Bank is ready to take further measures to weaken the Swiss franc if the economic outlook and deflationary development make it necessary, its chairman said on Sunday in a newspaper interview.
Published 07 Nov, 2011 12:00am
France prepares for impending budget cuts

France prepares for impending budget cuts

French government ministers spent the weekend paving the way for additional belt-tightening measures to be announced on Monday, stressing prudence in light of the punishing eurozone crisis and the need to meet the country's deficit-cutting goals.
Published 07 Nov, 2011 12:00am
UK minister says eurozone crisis hitting economy

UK minister says eurozone crisis hitting economy

British treasury minister Danny Alexander said the eurozone debt crisis was hitting business confidence, although the recent G20 summit in France had made positive steps towards boosting global financial firepower to help combat the region's problems.
Published 07 Nov, 2011 12:00am
Julius Baer raises bid for Sarasin

Julius Baer raises bid for Sarasin

Swiss private bank Julius Baer has raised its bid for unlisted Rabobank's stake in Swiss bank Sarasin and is now making an all cash offer, a newspaper reported on Sunday, citing sources close to the matter. "The management of Julius Baer has raised the of
Published 07 Nov, 2011 12:00am
India considers SLR holdings for BASEL III

India considers SLR holdings for BASEL III

India's central bank is considering to what extent banks' holdings under the statutory liquidity ratio (SLR) can be used to meet capital requirements for Basel III global banking rules, a central banker said on Sunday.
Published 07 Nov, 2011 12:00am
China pushing for iron ore pricing changes

China pushing for iron ore pricing changes

China, the world's biggest consumer of iron ore, is still hopeful that major foreign suppliers will change the way they set their prices, Zhu Jimin, chairman of the Shougang Group, one of the country's biggest steel producers, said on Sunday.
Published 07 Nov, 2011 12:00am
Dutch hanker for guilder in view of crisis

Dutch hanker for guilder in view of crisis

A majority of Dutch wish the country had stuck with its old currency, the guilder, a poll published on Sunday showed, reflecting deep misgivings over the single currency bloc. Dutch taxpayers have grown increasingly resentful of the high cost of bailing o
Published 07 Nov, 2011 12:00am
China says Europe will overcome debt crisis

China says Europe will overcome debt crisis

China is confident that Europe will be able to overcome its debt crisis, Foreign Minister Yang Jiechi said, adding stability in the eurozone was crucial for the global economic recovery. Yang, however, made no mention about increasing investment in Europe
Published 07 Nov, 2011 12:00am
IMF chief takes Europe rescue talks to Russia

IMF chief takes Europe rescue talks to Russia

International Monetary Fund chief Christine Lagarde takes her European rescue talks to petrodollar-rich Russia on Monday before visiting Asian giants China and Japan. Lagarde's two-day stay in Moscow - her first official foreign trip outside the European
Published 07 Nov, 2011 12:00am
Israel strike to shut airports, economy

Israel strike to shut airports, economy

Israel's main labour union plans a strike that would shut airports, ports, banks and the stock market starting on Monday after talks with the government failed to produce an agreement over the status of workers employed through labour contractors.
Published 07 Nov, 2011 12:00am
CNOOC terminates Pan American deal with BP

CNOOC terminates Pan American deal with BP

China's biggest offshore oil producer CNOOC Ltd said on Sunday its 50 percent-owned unit Bridas Energy Holdings has determined to terminate a deal to buy BP Plc's 60 percent stake in Argentina-based oil and gas group Pan American Energy LLC (PAE). In a fi
Published 07 Nov, 2011 12:00am
Slowing FDI portends emerging markets volatility

Slowing FDI portends emerging markets volatility

Emerging economies dependent on overseas financing to balance their books look vulnerable to another looming slowdown in bricks-and-mortar investment, as rising deficits in many countries force reliance on volatile financial market flows.
Published 07 Nov, 2011 12:00am
Kuveyt Turk deal spurs hopes for asset-backed sukuk

Kuveyt Turk deal spurs hopes for asset-backed sukuk

A $350 million sukuk issued by Turkish bank Kuveyt Turk last month was the country's first asset-backed sukuk, and is fuelling hopes for more such issues. But they remain unlikely to become widespread in most of the Islamic world, including the Gulf, with
Published 07 Nov, 2011 12:00am
Kuveyt Turk deal spurs hopes for asset-backed sukuk

Kuveyt Turk deal spurs hopes for asset-backed sukuk

A $350 million sukuk issued by Turkish bank Kuveyt Turk last month was the country's first asset-backed sukuk, and is fuelling hopes for more such issues. But they remain unlikely to become widespread in most of the Islamic world, including the Gulf, with
Published 07 Nov, 2011 12:00am
Wall Street Weekahead: coping with Europe's chaos

Wall Street Weekahead: coping with Europe's chaos

US stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it's never clear when the next upheaval will come. Sentiment will probably receive a boos
Published 07 Nov, 2011 12:00am
Germany cashes in on euro benefits, for now

Germany cashes in on euro benefits, for now

While European leaders jet from summit to summit to save the euro and some Germans get nostalgic for the Deutsche mark, Europe's largest economy is still the biggest winner from the single currency, giving it a strong incentive to foot the bailout bill.
Published 07 Nov, 2011 12:00am
Brazil slowdown to hamper recovery of bank shares

Brazil slowdown to hamper recovery of bank shares

Investors who bet on a strong recovery in Brazilian bank shares by the end of the year may have to wait a little longer as the nation's slowing economy drags on profits and operational performance. The nation's four biggest listed banks reported weak lend
Published 07 Nov, 2011 12:00am
London market to track eurozone news, rate decision

London market to track eurozone news, rate decision

British investors will next week pore over the latest eurozone debt crisis developments, alongside an interest rate decision from the Bank of England and company results. The FTSE 100 index of leading shares shed 3.1 percent over the week to finish at 5,5
Published 07 Nov, 2011 12:00am
BlackRock's Botein adds investor alternatives

BlackRock's Botein adds investor alternatives

BlackRock, the world's largest money manager, wants to attract more customers to its hedge fund, real estate and private equity offerings, filling a void left by Wall Street cutbacks. With investment banks curtailing proprietary trading and buyout funds i
Published 07 Nov, 2011 12:00am
Global Markets Weekahead: balancing the US economy and Greece!

Global Markets Weekahead: balancing the US economy and Greece!

The most profound event of the past week for investors may not have been either the on-off referendum plans in Athens or the machinations of the Group of 20 in Cannes, but a comment from Ben Bernanke in Washington.
Published 07 Nov, 2011 12:00am
Tokyo to trade in tight range next week

Tokyo to trade in tight range next week

Tokyo stocks are expected to trade in a tight range next week, after investors digested news that Greece may drop a plan to hold a referendum on the eurozone's rescue package, dealers said Friday. Tokyo stocks closed in positive territory, snapping a thre
Published 07 Nov, 2011 12:00am
Iraq stock market faces challenge in listing telecom firms

Iraq stock market faces challenge in listing telecom firms

Foreign investors' appetite for Iraq's stock market is rising before planned IPOs by the country's three mobile telephone operators, but the fledgling market's small size means it may struggle to cope with the listings.
Published 07 Nov, 2011 12:00am
Obama allies target restrictive voter laws

Obama allies target restrictive voter laws

President Barack Obama's Democratic allies this week ramped up attacks on what they charged are unfairly restrictive voting laws that could swing key November 2012 elections to Republicans. House of Representatives Democrats, led by their number-two leade
Published 07 Nov, 2011 12:00am
Israel's Peres warns attack on Iran getting 'closer'

Israel's Peres warns attack on Iran getting 'closer'

Israeli President Shimon Peres warned on Sunday that an attack on Iran is becoming increasingly likely, days before a report by the UN's nuclear watchdog on Iran's nuclear programme. "The possibility of a military attack against Iran is now closer to bein
Published 07 Nov, 2011 12:00am
Israel army, intel websites down after hacker threat

Israel army, intel websites down after hacker threat

The websites of Israel's army and intelligence services were down on Sunday, two days after a hacker group appeared to threaten the Jewish state over its interception a Gaza-bound flotilla. The websites of the Israel Defence Forces, Shin Bet domestic inte
Published 07 Nov, 2011 12:00am
Force against Iran would be destabilising: France

Force against Iran would be destabilising: France

Military attacks on Iran's nuclear programme could create a "totally destabilising" situation in the region, French Foreign Minister Alain Juppe said on Sunday, saying France would instead harden sanctions. "We can still strengthen them (sanctions) to put
Published 07 Nov, 2011 12:00am
IAEA report on Iran set to raise Middle East tension

IAEA report on Iran set to raise Middle East tension

The UN nuclear watchdog is expected this week to issue its most detailed report yet on research in Iran seen as geared to developing atomic bombs, heightening international suspicions of Tehran's agenda and stoking Middle East tensions.
Published 07 Nov, 2011 12:00am
Bashir accuses South Sudan of 'betrayal'

Bashir accuses South Sudan of 'betrayal'

Sudan's President Omar al-Bashir on Sunday warned South Sudan against supporting rebels north of the border and accused Juba of "betrayal," in the latest sign of deteriorating bilateral relations. "The president of the republic addressed a strong message
Published 07 Nov, 2011 12:00am
Two Yemen soldiers killed in clashes with militants

Two Yemen soldiers killed in clashes with militants

Two Yemeni soldiers were killed in overnight clashes with suspected al Qaeda fighters near the militant stronghold of Zinjibar, a military commander said on Sunday. An army unit, which attempted to move into the Ba Jidar neighbourhood in the east of the s
Published 07 Nov, 2011 12:00am
Colombian rebels promise to continue fight

Colombian rebels promise to continue fight

Colombian leftist rebels promised late Saturday to continue their struggle, despite the death of their Marxist leader Alfonso Cano. "Peace in Colombia will not come as a result of a demobilisation of the rebel force, but as a result of eradication of the
Published 07 Nov, 2011 12:00am
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