Friday 9 October 2015

Asian shares firm after rebound in oil

Asian stocks held firm on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting. MSCI's broadest index of Asia-Pacific share


Nato to Russia: We are not buying your mistake

Nato on Tuesday rejected Moscow's explanation that its warplanes violated the air space of alliance member Turkey at the weekend by mistake and said Russia was sending more ground troops to Syria and building up its naval presence. With Russia extending its air strikes to inc


Russia open to air strikes in Iraq

Russia will consider extending its air strikes against militants in Syria to Iraq if it receives such a request from Baghdad, the RIA news agency quoted the head of the country's upper chamber of parliament as saying on Tuesday. The speaker, Valentina Matviyenko, said Russia


Asian shares rise on fading Fed tightening view

The prospect of a delay in the US Federal Reserve's plan to raise interest rates and signs of some stability in oil and commodity markets boosted Asian stocks on Tuesday. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 per cent to two-week high.


Turkey incursions unacceptable, Nato warns Russia

The United States and its Nato allies denounced Russia on Monday for violating Turkish air space along the frontier with Syria, and Ankara threatened to respond if provoked again, raising the prospect of direct confrontation between the Cold War enemies. Nato summoned the ambassa


3 win Nobel for fight against parasitic diseases

Three scientists from Japan, China and Ireland whose discoveries led to the development of potent new drugs against parasitic diseases including malaria and elephantiasis won the Nobel Prize for Medicine on Monday. Irish-born William Campbell and Japan's Satoshi Omura won hal


China can manage slowdown, says IMF

China has the capacity to manage its economic slowdown but needs to communicate policy more effectively and guard against potential spillovers, the International Monetary Fund said on Monday. In a report, the Fund - whose annual meeting starts this week in Peru - said that it vie


Oil up as Russia mulls Opec talks, rig count drops

Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices have more than halved from last year's highs due to a supply glut. A report showing a fifth weekly fall in the number of oil rigs drilling in the United States also u


Glencore shares bounce back after HK surge

Shares in trader and miner Glencore surged as much as 20 per cent in London on Monday, following a 25-per cent leap on the Hong Kong market, as hopes for deal-making trumped worries over a slump in metals prices. Reuters reported on Friday that Glencore was in talks with a Saudi


Eight dead in US after torrential rainfall

Torrential rainfall that South Carolina's governor called a once-in-a-millennium downpour triggered flooding in the southeastern US state on Sunday, causing at least eight deaths in the Carolinas. The storm had dumped more than 18 inches (45 cm) of rain in parts of central So

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