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  • Asian shares down as Bernanke says Fed could scale back its bond purchases

    MANILA, Philippines - Most Asian markets slid Thursday after the U.S. Federal Reserve said it could start scaling back its huge economic stimulus program later this year. The announcement Wednesday in Washington drew sharp reaction in financial markets, showing just how dependent investors have become on the Fed's easy money policies. The Fed has been buying $85 billion worth of bonds ...

  • The Asian stock markets plunged in line with the US markets

    The appetite for risk remained subdued in the Far East after imploding late Wednesday, when the Federal Reserve maintained its bond-buying program, but Chairman Ben Bernanke hinted that the FOMC plans to moderate purchases later this year. The foreign currencies remain under pressure after tanking. The Asian stock markets plunged in line with the US markets. The short-term outlook for the ...

  • PRECIOUS-Gold falls to 2-month lows on stimulus outlook

    * Gold down for fourth straight session * Fed to scale back bond purchases later this year * Asian shares tumble to 9-month lows on China PMI data (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, June 20 (Reuters) - Gold fell for a fourth straight session on Thursday to its lowest level since a 15 percent plunge in mid-April, after the U.S. Federal Reserve signalled it would ...

  • Hang Seng Nikkei dive on Fed comments

    (20 mins ago) Stocks in Tokyo and Hong Kong plunged today following comments by the US Fed chairman Ben Bernanke overnight. In Tokyo, the Nikkei fell 1.08 percent by the break. The benchmark Nikkei 225 index slipped 143.69 points to 13,101.53, while the Topix index of all first-section shares was 0.93 percent, or 10.32 points, lower at 1,096.25. The Hang Seng Index dived 2.4 percent to ...

  • Asia Markets Asia stocks take double hit from Fed China data

    HONG KONG (MarketWatch) -- Asian stocks fell Thursday as data showed Chinese manufacturing activity deteriorating further in June, adding to the selling pressure after the Federal Reserve signaled it may wind down its bond purchases if the U.S. economy continued to ...

Movie Review

James and the Giant Peach [Blu-Ray]

James and the Giant Peach [Blu-Ray]

James and the Giant Peach, which was adapted from Roald Dahls popular 1961 book, feels like a story being made up on the spot. It is clearly constructed of the most fundamental elements of childrens fantasy literature--the scrappy orphan hero, evil step-parents ( ... ...

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  • Asian Markets Trade Sharply Lower

    markets are mostly trading sharply lower on Thursday, tracking cues from Wall Street where stocks tumbled overnight after the U.S. Federal Reserve hinted at winding up its stimulus program by mid-2014.The Australian stock market is trading sharply lower with investors pressing heavy sales almost across the board.Financial, mining, energy, industrial, consumer discretionary and property trusts ...

  • Negative Chinese manufacturing data rattles markets hurts Australian dollar

    China A slide in a key Chinese manufacturing index has dented the Australian share market and local currency, by fuelling concerns that Australia's biggest export market is slowing.HSBC's monthly Purchasing Managers Index (PMI) for manufacturing fell from 49.2 in May to 48.3 in June, which is a nine-month low.Output also dropped, from 50.7 to 48.8 last month, which is an eight-month ...

  • Asian markets tumble as Fed eyes end to stimulus

    Asian markets suffered a sell-off Thursday, following heavy losses on Wall Street, after the Federal Reserve indicated it would start easing back on its multi-billion-dollar stimulus drive this year. But the news came with an upbeat assessment of the US economy, providing support to the dollar, which enjoyed healthy gains in New York. Tokyo shed 1.04 percent, Hong Kong lost 1.37 percent, ...

  • Nikkei plunges by break

    (29 mins ago) Tokyo stocks fell 1.08 percent on Thursday morning following sharp falls on Wall Street after Federal Reserve chairman Ben Bernanke said the Fed may start tapering off its massive stimulus later this year. The benchmark Nikkei 225 index slipped 143.69 points to 13,101.53 by the break, while the Topix index of all first-section shares was 0.93 percent, or 10.32 points, lower at ...

  • Nikkei falls as weak China data prospect of less Fed stimulus chill sentiment

    * Nikkei down 1.1 pct, Topix off 0.9 pct as Fed comments hurt sentiment * China's weak factory data drags down China-related manufacturers * Real estate shares battered * GS Yuasa soars on battery JV with Bosch By Ayai Tomisawa TOKYO, June 20 (Reuters) - Japan's Nikkei share average fell on Thursday morning, as weak China factory activity data further unsettled markets coming to grips ...

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