Tuesday 6 October 2015

UNHCR plans for 1.4m Mediterranean refugees in 2015-6

U.N. refugee agency UNHCR expects 1.4 million refugees to flee to Europe via the Mediterranean this year and next, it said in a revised appeal seen by Reuters on Thursday, a sharp rise from initial estimates of 850,000. "UNHCR is planning for up to 700,000 people seeking saf


Stocks end worst quarter in 4 years on upbeat note

Global equities ended their worst quarter since the 2011 euro zone crisis on an upbeat note with a rally on Wednesday on hopes that Wall Street had bottomed and the commodities rout was over, while the dollar also rose. Major equity indexes around the world declined 10 per cent o


Asia extends global gains, China PMI taken in stride

Asian stocks rose on Thursday, drawing strength from overnight gains in global equities markets following their weakest quarter in four years, and a China factory activity survey that came in slightly better than initially expected. The final Caixin/Markit China Manufacturing Pur


Russia launches air strikes against IS in Syria

Russia said it launched air strikes against Islamic State in Syria on Wednesday after President Vladimir Putin secured his parliament's unanimous backing to intervene to prop up the Kremlin's closest Middle East ally. Moscow gave Washington just an hour's notice of th


5 get death sentence for Mumbai train blasts

An Indian court sentenced five men to death and jailed seven for life on Wednesday for planning bomb blasts that ripped through Mumbai commuter trains in 2006, killing more than 180 people and wounding hundreds. The specially convened court convicted 12 of 13 accused earlier this


Oil falls after US inventories show buildup

Crude oil futures fell in early Asian trade on Wednesday after US inventories showed a weekly buildup that far exceeded analyst expectations. The American Petroleum Institute said late on Tuesday that US crude oil stockpiles rose by 4.6 million barrels to 457.8 million barrels in


Asian shares rally as China growth fears linger

Most Asian stock markets rallied on Wednesday after sliding to three-year lows but concerns lingered over a weak outlook for commodities and China's economic growth. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent at 0237 GMT after plumbing it

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