Four firms and a dozen individuals went on trial in France on Monday charged with involuntary manslaughter over the deaths of 39 people in a blaze in the Mont Blanc tunnel in 1999. The disaster

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The main Bangladesh opposition party, the Awami league, called on Monday for more strikes later this week in its anti-government campaign as the country emerged from a three-day nation-wide stoppage. The strike, backed by several

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Nepali soldiers shot dead 14 Maoist rebels in a gun battle that erupted after the guerrillas attacked an army patrol in the east of the Himalayan kingdom, an army officer said on Monday. One soldier

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China confirmed Monday that potentially destructive red fire ants have been found in parts of southern Guangdong province, but insisted it can control their spread. The ants, which mainly assault plants but also sting human

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The United States has a serious proposal for North Korea and is ready to discuss it at six-party talks on Pyongyang's nuclear weapons programmes, a senior US official was quoted as saying on Monday. "We

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The Bangladeshi taka ended softer on Monday on dollar purchases for import payments, dealers said. The taka was quoted at 61.00/63.43 per US dollar, against 61.00/63.40 on Sunday, a workday in Bangladesh. Call rates remained

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The rupee ended steady on Monday as dollar inflows that accumulated over the weekend and fresh foreign investment offset month-end demand from local companies. The rupee closed little changed at 43.7150/7250 per dollar, compared to

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The Australian dollar traded a tiny range on Monday despite further data building the case for higher local interest rates. Credit growth was stronger than expected in December, while a private survey showed inflation surged

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The dollar crawled higher on Monday on expectations for higher US interest rates after an upcoming Federal Reserve meeting, but movement was restricted as the market eyed a slate of big economic events this week.

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Asian currencies were pushed lower on Monday as markets scaled back their expectations for an imminent Chinese yuan revaluation and for the upcoming Group of Seven nations' meeting to put more pressure on the region.

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