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Latest World News

Asia markets up; U.S. stocks lower
Asian Pacific markets traded up Tuesday, as a stronger dollar made export-related stocks favorable to investors.

Oz 'penis fire' suspect charged
An Australian woman appears in court charged with murdering her husband by setting fire to his penis over alleged infidelity.

Egyptian President Mubarak says he wants an Israeli victory in Gaza
Egyptian President Hosni Mubarak stunned visiting foreign ministers Monday when he said he wanted Israel to emerge as the winner in the current conflict in Gaza. The European foreign ministers, headed by Karel Schwarzenberg of the Czech Republic, whose

Mubarak Meets with EU Troika on Gaza Situation
Egyptian President Hosni Mubarak has met European Union officials in the Red Sea resort of Sharm el-Sheikh to discuss the crisis in Gaza. EU foreign policy chief Javier Solana says Egypt's involvement would be 'fundamental' in efforts to find a

Humanitarian Efforts Struggle Along Egypt-Gaza Border
From left, European Commissioner for External Relations Waldner, Czech FM Schwarzenberg, Israeli FM Livni, Swedish FM Bildt in Jerusalem, 05 Jan 2009 Egyptian President Hosni Mubarak met on Monday with French President Nicolas Sarkozy and a European

GM Reports 31 Percent Sales Decline in U.S. Market
General Motors (GM), the major U.S. auto maker, on Monday reported a 31-percent decline in its December sales in its home country. Audio ? China to focus on global environment to ensure economic growth ? Price of Tour Packages during Spring Festival

Tens of thousands of British travellers face being turned away from their flights to the US because they are not aware of a new piece of border control technology.
TENS of thousands of British travellers face being turned away from their flights to the US because they are not aware of a new piece of border control technology. In less than a fortnight it will become compulsory for travellers flying to the States to

New York Fed Begins MBS Purchase Program
- Asia-Pacific Market Recap: Asian Stocks Rallying To Ring in 200905/01 20:50 - U.S. Vehicle Sales Fall Sharply Again in December 05/01 19:13 - Japanese Monetary Base Rises Again 05/01 18:14 - The Day Ahead U.S. and Canada: ISM Non-Mfg, FOMC Minutes

USA, Kia Steer 'Psych' Deal
USA Network has parked a deal with Kia Motors America to sponsor new episodes in the second half of Psychs third season, which debuts Jan. 9 at 10 p.m. Under the partnership, Kia Motors and USA will showcase a custom vignette featuring Psych stars James

Asian markets trade mostly higher despite negative Wall Street lead - Asian commentary
The stock markets across the Asia-Pacific region are trading mostly higher on Tuesday despite the overnight negative cues from Wall Street. Exporters were advancing on the back of a stronger U.S. dollar, while energy stocks gained on higher oil prices.

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