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 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 ...
* 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 ...
(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 ...
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 ...
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 ( ... ...
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 ...
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 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, ...
(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 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 ...
On the record
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Iran's president-elect was speaking after his historic election victory.
Hilton Baynunah Tower
The drive from Abu Dhabi International Airport was about 40 kilometres. We arrived into the city, and out along the ...Keep reading
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India GazetteIndia Gazette – National News Bureau
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Huge stages, bright lights and high-voltage sound along with a discerning audience - all this is a dream for any musician, especially for the growing Indie music artists. But the journey to the top is not so easy and one needs to think long and deep before embarking on a career in the medium, top musicians say.
It's a long grind to live performances, concerts and music festivals. So it's better to plan ahead. Sustenance is the key. It's best to plan an alternative career that gives one the freedom to dream big - and at the same time helps ends meet, they say.
India's Parikrama classic rock and fusion band started its journey almost two decades ago when India's independent music scene was still nascent. Making it a career was not even on the agenda; so forget about planning for the future.
"When we started the band, earning money from it was never on our mind. It was a passion for us and all these years we have been passionately playing our music," Subir Malik, Parikrama's keyboard player and the man behind the band, told IANS.
"But it is important to think long-term. When you are young and single it is good to dream about creating music, but one must also not be blind to reality. ...
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