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Archive for  December 2012

  • China's yuan closed stronger against the dollar on Monday as the central bank appeared to wind down intervention to stem its rise, traders said. The yuan closed at 6.2350 per dollar in early afternoon, 0.1

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  • The Indian rupee weakened for a fourth straight session on Monday as importers including oil refiners stepped up dollar purchases while the lack of dollar inflows exaggerated the local unit's fall. Traders said losses in

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  • Sterling hit a two-and-a-half month high against the dollar on Monday and traders said it was lifted in thin trading by demand from Middle East investors and companies looking to hedge. Sterling rose to $1.6217,

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Britain returns 250 ancient coins to Afghanistan

    More than 250 ancient coins taken in the 1960s and 1970s by British scientists for archaeological studies were returned to Afghanistan Monday, officials said. "The coins, an important part of our cultural history, have returned

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on 18 dead in Ukraine cold, three babies born on icy roads

    Severe winter weather has claimed 18 lives in Ukraine since the start of the month and three babies were born in traffic jams on snow- and ice-snarled roads, authorities said Monday. Twelve people have died

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Huge crowds in North Korea mourn late leader

    North Korea on Monday mourned the death one year ago of leader Kim Jong-Il, with its rocket scientists taking pride of place at a mass memorial ceremony led by his son and successor Kim Jong-Un.

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on US places former Lebanese minister on terror list

    The United States on Monday named Lebanese ex-information minister Michel Samaha to its global terror list for allegedly aiding Damascus launch assassinations in Lebanon. Samaha, 64, was arrested in August by Lebanese authorities and accused

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Stones thrown at Tunisia’s leaders marking revolt anniversary

    Protesters on Monday hurled rocks at Tunisia's President Moncef Marzouki and parliamentary speaker Mustapha Ben Jaafar in Sidi Bouzid, cradle of the revolution that erupted exactly two years ago. The incident began after a speech

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Syrian Vice President says neither side can win war

    Syrian Vice President Farouq al-Sharaa said that neither the forces of President Bashar al-Assad nor rebels seeking to overthrow him can win the war which is now being fought on the outskirts of Assad's powerbase

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    • News Desk
    • Dec 18th, 2012
    • Comments Off on Wreck of Soviet sub found in Baltic sea

    The wreck of a Soviet submarine that was sunk during World War II has been found at the bottom of the Baltic Sea off the Swedish island of Oeland, Sweden's military said on Monday. The

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