Monday 5 October 2015

Asia stocks rise on fading Fed hike prospect

Asian stocks rose early on Monday after the prospect of an imminent interest rate hike by the Federal Reserve faded after Friday's weaker-than-expected US employment data. US stock indexes jumped over 1 per cent on Friday as worries about the economy after the disappointing j


World Bank trims 2015, 2016 East Asia forecasts

The World Bank cut its 2015 and 2016 growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by the risk of a sharp slowdown in China and possible spillovers from expected increases in US interest rates. The Washington-based lender now expects the


ME would be stable if Saddam, Gaddafi still in power: Trump

US Republican presidential front-runner Donald Trump said on Sunday the Middle East would be more stable if Muammar Gaddafi and Saddam Hussein were still in power in Libya and Iraq, saying it's "not even a contest". Trump mentioned the countries in comparison to cur


13 dead in French Riviera floods

Flash floods caused by torrential rain along part of the French Riviera killed at least 13 people and left several others missing, officials said Sunday. The downpour hit the Alpes-Maritimes region on Saturday evening, with the resort town of Cannes, registering close to 180 mm o


Hundreds feared dead in Guatemala landslide

Hopes faded of finding any remaining survivors of a massive landslide in Guatemala that killed at least 86 people, even as families scrabbled through rubble to find the bodies of loved-ones, with hundreds of others still missing. Distraught relatives of the victims shoveled along


Many feared dead in Guatemala landslide

Diggers plowed into a huge mound of earth and rubble burying part of a Guatemalan town to search for any survivors of a massive landslide that killed at least 29 people and left hundreds more missing. Rescue operations restarted early on Saturday in Santa Catarina Pinula on the s


16 dead at Afghan hospital after US air strike

An airstrike hit a hospital run by Medecins Sans Frontieres in the Afghan city of Kunduz on Saturday, killing at least 16 people in what the US military called possible "collateral damage" in the battle to oust Taliban insurgents. Frantic MSF staff phoned military offic


Migrants disrupt French cross-channel trains

Around 200 migrants tried to get into the Channel Tunnel in France overnight, clashing with staff and police and forcing the suspension of rail services, a spokesman for Eurotunnel said. The disruption was the latest in a series of incidents involving migrants who are camped arou


Hurricane batters Bahamas, fate of cargo ship unknown

The fate of more than 30 crew aboard a cargo ship missing off the Bahamas in heavy seas whipped up by Hurricane Joaquin was unknown on Friday as the storm battered the island chain for a second day. News the vessel had lost contact with shore came as forecasters shifted the likel


Gunman at US college massacres nine

The gunman who went on a deadly rampage at an Oregon college in the US was well armed and equipped with extra ammunition, authorities said on Friday, and he may have killed more people if not for the heroism of a military veteran in an adjoining classroom. A day after the shooter

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