Saturday 28 March 2015

Japan's core consumer inflation grinds to a halt

Japan's annual core consumer inflation ground to a halt in February, the first time it has stopped rising in nearly two years, keeping the central bank under pressure to expand monetary stimulus later this year. Other data published yesterday didn't offer much solace with


US economic growth slows to 2.2 pc in Q4

US economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Gross domestic product expanded at a 2.2 per cent annual rate, the Commerce Department said on F


Amanda Knox acquitted of murder by Italy's top court

Italy's top court on Friday annulled the conviction of American Amanda Knox for the 2007 murder of her British flatmate and fully acquitted her in a surprise verdict capping nearly a decade of courtroom drama. The brutal stabbing of 21-year-old Meredith Kercher, alleged sex g


Gold falls on dollar after7-day rally, set for weekly gain

Gold fell on Friday, snapping a seven-day rally as the dollar rebounded after Federal Reserve officials signalled they remained on track to raise rates this year, but the metal still looked set to post its second straight weekly gain. At separate events on Thursday, the president


Saudi-led campaign strikes Yemen's Sanaa, Morocco joins

Warplanes targeted Houthi forces controlling Yemen's capital and their northern heartland on Friday, the second day of a Saudi-led campaign to stop the Iranian-allied militia establishing its rule across the country. In a boost for Riyadh, fellow monarchy Morocco said it woul


Co-pilot 'crashed Germanwings plane deliberately'

The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday. German Andreas Lubitz, 28, left in sole control of the Airbus A320 after th


Gold rallies as Yemen air strikes rattle markets

Gold rallied to a 3-1/2 week high on Thursday and silver rose nearly 3 per cent as escalating tensions in the Middle East knocked stocks and the dollar and drove investors into assets seen as lower risk, like bullion and German bonds. European stocks tumbled 1.3 per cent, the dol


Iran seeks halt to military actions in Yemen

Iran demanded an immediate halt to Saudi-led military operations in Yemen on Thursday and said it would make all necessary efforts to control the crisis there, Iranian news agencies reported. Warplanes from Saudi Arabia and Arab allies on Thursday struck Iran-allied Houthi forces


Iran condemns Saudi air strikes in Yemen

The Iranian Foreign Ministry condemned on Thursday the military operation by Saudi Arabia and its Gulf Arab allies in Yemen, state television reported. It gave no further details. Iran denies providing money and training to the Shi'ite Houthi militia in Yemen,


Oil prices surge over air strikes in Yemen

Brent crude oil shot up nearly 6 per cent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, although importers saw little immediate threat to supplies. The strike against Houthi rebels, who have driven the president from Yemen's capi

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