Chinese shares slumped on Thursday after HSBC data showed that manufacturing activity fell to a nine-month low this month.The benchmark Shanghai Composite Index fell 2.77 percent, or 59.43points, to end at 2,084.02. The Shenzhen Component Index declined 3.25 percent, or 273.76 points, to 8,147.48.The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for June fell to 48.3, the lowest ...
TOKYO/SYDNEY - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second-largest economy hit a nine-month low. Shares, currencies and commodities all crumbled as spooked investors rushed to unwind crowded trades in emerging markets. Central banks across the ...
(43 mins ago) Hong Kong and Shanghai stocks sank today after data showed manufacturing activity in China contracted for a second straight month in June. The benchmark Hang Seng Index in Hong Kong ended down 2.85 percent, or 598.27 points, at 20,388.62 on turnover of HK$75.34 billion. Stocks in Shanghai closed down 2.77 percent. The benchmark Shanghai Composite Index slumped 59.43 points to ...
* Nikkei down 1.7 pct, Topix off 1.3 pct as Fed comments hurt mood * China's weak flash PMI drags down China-related manufacturers * Real estate shares battered * Weak yen lends some support to currency-sensitive stocks By Tomo Uetake TOKYO, June 20 (Reuters) - Japan's Nikkei share average fell on Thursday as weak China data further unsettled markets coming to grips with Federal Reserve ...
Thu Jun 20, 2013 3:18am EDT * MSCI Asia ex-Japan slides 3.5 pct in biggest drop since 2011 * HSBC China "flash" PMI surprisingly weak, PBOC still tight * Asian currencies take a bath, Indian rupee at record low * U.S. Treasury yields hit 15-mth high, underpin US dollar By Chikako Mogi and Wayne Cole TOKYO/SYDNEY, June 20 (Reuters) - Asian markets buckled badly on Thursday after the ...
Winds: From the West at 8 MPH
There is a sequence that opens the second hour of Ran that is among the most breathtaking of cinematic achievements in Akira Kurosawas long and remarkable career. It takes place as two sons lay siege to a castle inhabited by their father, an aging warlord who has turned over his kingdom only to s ... ...
Exporter confidence up despite strong dollar - survey The New Zealand dollar fell, hit by a triple-whammy of local first-quarter growth coming in at half what economists were expecting, a slowing manufacturing sector in China and the Federal Reserve signalling plans to wind back its bond-buying programme. The kiwi fell to 78.54 US cents at 5pm from 78.84 cents at 8am, and 79.88 cents ...
(15 mins ago) Stocks in Tokyo fell 1.74 percent after US Federal Reserve chairman Ben Bernanke said the bank could start reeling in its massive stimulus later this year, while weak Chinese manufacturing data also hit sentiment. The benchmark Nikkei 225 index closed down 230.64 points at 13,014.58, while the Topix index of all first-section shares was 1.33 percent, or 14.76 points, lower at ...
MANILA, Philippines - Most Asian markets slid Thursday after the U.S. Federal Reserve said it could start scaling back its huge economic stimulus program later this year. The announcement Wednesday in Washington drew sharp reaction in financial markets, showing just how dependent investors have become on the Fed's easy money policies. The Fed has been buying $85 billion worth of bonds ...
The appetite for risk remained subdued in the Far East after imploding late Wednesday, when the Federal Reserve maintained its bond-buying program, but Chairman Ben Bernanke hinted that the FOMC plans to moderate purchases later this year. The foreign currencies remain under pressure after tanking. The Asian stock markets plunged in line with the US markets. The short-term outlook for the ...
* Gold down for fourth straight session * Fed to scale back bond purchases later this year * Asian shares tumble to 9-month lows on China PMI data (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, June 20 (Reuters) - Gold fell for a fourth straight session on Thursday to its lowest level since a 15 percent plunge in mid-April, after the U.S. Federal Reserve signalled it would ...
Reported in the press
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Iran's president-elect was speaking after his historic election victory.
Beach Rotana Hotel & Towers
I could not find the Web site for this hotel, and it was not listed on any of the Internet ...Keep reading
Should tax havens be forced to lift their shroud of secrecy?
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After sending Taufik Hidayat into retirement, India's B. Sai Praneeth caused another big upset by defeating second seed Yun Hu of Hong Kong in the men's singles first round of the Singapore Open Super Series here Wednesday.
The 20-year-old Sai, ranked 61 in the world, thrashed World No.4 Hu 21-9, 21-10 in exactly half an hour at the Singapore Indoor Stadium to level his head-to-head to 1-all.
Women's singles second seed Saina Nehwal also advanced to the second round by beating localite Juan Gu 21-14, 23-21 in 40 minutes. This was the fifth time the Hyderabadi beat Juan out of six meetings. The World No.2 will next face Japanese Eriko Hirose in the second round.
In the mixed doubles, Arun Vishnu and Aparna Balan beat Thai pair Songphon Anugritayawon and Kunchala Voravichitchaikul 21-17, 19-21, 21-12 in 45 minutes. Thugh Aparna won in mixed, it was disappointment for her in women's doubles losing, with partner N. Siki Reddy, to Malaysia's Meng Yean Lee and Yin Loo Lim 21-18, 18-21, 6-21 in 49 minutes.
Ace shuttler Ashwini Ponnappa with Pradnya Gadre was also beaten in women's doubles by Indonesia's Nitya Krishinda Maheswari and Greysia Polii 18-21, 23-21, 16-21 in 53 minutes.
Ashwini also her lost mixed doubles match partnership Tarun Kona. ...
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