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Archive for  January 2010

  • The Australian dollar fell to multi-week lows against major currencies on Friday as investors fled riskier trades and higher-yielding currencies, unwinding leveraged positions funded in US dollars and yen. Investors were unnerved by persistent worries

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on Asian currencies hit by dollar strength

    The South Korean won and Indonesian rupiah slipped on Friday, leading most Asian currencies lower as investors dumped Asian stocks while the dollar gained broadly amid renewed credit worries. Asian shares were dragged down by

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  • The Swiss franc surged to a fresh 10-month high against the euro on Friday, as the European currency slipped against several major currencies on intensifying concerns about Greece's fiscal health. The franc breached the 1.47

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on Indian drug carrier gets death sentence

    Malaysia's High Court on Friday sentenced an Indian man to death by hanging for trafficking in 25 kilogrammes of the drug ketamine, despite his assertions that he was unaware of the presence of the drugs,

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on North Korea fires artillery near border for third day

    North Korea fired artillery into the sea near its disputed border with South Korea for a third straight day on Friday, Seoul's military said. In a four-hour morning period the communist state fired 20 shells

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on Russia warns Iran on uranium enrichment

    New Iranian moves to step up uranium enrichment would stoke tensions over its nuclear programme, the Russian foreign ministry warned Friday, in the latest sign of Russian impatience with Tehran. The warning from Moscow came

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on US considering 9/11 trial move from New York

    The Obama administration is considering moving the trial of the alleged September 11 plotters out of New York City amid mounting opposition from local politicians, an official said Friday. The move would be a major

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on Fellow Indians held in Australia over gruesome slaying

    An Indian couple was scheduled to appear Friday in a Sydney court over the death of fellow fruit-picker Ranjodh Singh in a case that has helped stoke tension between Delhi and Canberra over the safety

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on IAEA still in ‘dialogue’ on Iran enrichment deal: Amano

    The head of the UN nuclear watchdog said Friday his agency was still trying to negotiate a uranium enrichment deal with Iran amid new warnings to the Islamic state over its atomic programme. "Our proposal

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    • News Desk
    • Jan 30th, 2010
    • Comments Off on ICC set to rule on genocide charge against Sudan’s president

    A final ruling on whether to prosecute Sudanese president Omar Al-Bashir for genocide will be issued on February 3, the International Criminal Court (ICC) announced Friday. The ruling would be on an appeal by chief

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