LONDON (Reuters) - European equities edged higher on Wednesday, with volatility expected to be high and volumes light as investors look to the U.S. Federal Reserve for clues on how soon it may start to scale back its stimulus programme. With the Fed not expected to cut the pace of bond purchases at the meeting which ends late on Wednesday, some investors felt the recent global equity sell-off had been overdone, and cautiously bought back into the market. Others, however, preferred to sit on the sidelines to see exactly what the U.S. ...
Yahoo! News India
- Monsoon fury toll mounts in north India, rescue efforts on IANS
Swollen mountain rivers fed by heavy rains destroyed homes and property in many areas in north India even as the monsoon downpour continued, leading to flooding and … More »
- Gujarat CM counters UPA govt claims, walks away with Rs 59,000 crore Hindustan Times
Gujarat chief minister Narendra Modi took a backseat and allowed his men to settle scores with the Planning Commission regarding the panel's criticism of Gujarat's … More »
- United States to meet Taliban to seek Afghan peace Reuters
The United States and the Taliban raised hopes for a negotiated peace in Afghanistan with commitments to meet this week after 12 years of bloody and costly war … More »
- Amitav Ghosh among 12 vying for international writing prize Reuters
Six awarding-winning writers including India's Amitav Ghosh are among a group of 12 poets, authors and academics vying for the 2013 Warwick Prize for Writing with … More »
- N.Korean envoy in Beijing seeking to mend ties - experts Reuters
By Michael Martina BEIJING (Reuters) - A North Korean envoy held talks with Chinese officials on Wednesday that experts said were unlikely to yield concessions from Pyongyang on its nuclear programme but were more aimed at repairing ties with Beijing. First Vice Foreign Minister Kim Kye-gwan, who has represented Pyongyang at previous international talks to get North Korea to halt its nuclear programme, was meeting Chinese Vice Foreign Minister Zhang Yesui in Beijing. ...
- Netflix to bring video streaming service to The Netherlands Reuters
REUTERS - Netflix Inc will launch its TV and movie streaming service in The Netherlands later this year, expanding its reach further into Europe, the company said on Tuesday. Netflix boasts 29.2 million streaming subscribers in the United States and 7.1 million in international markets, delivering movies and television shows to Canada, Great Britain, Ireland, Scandinavia and parts of Latin America and the Caribbean. The company generates profits in the United States and Canada, but has lost money as it expanded into foreign markets. Netflix projects a profit of up to $149 million from its U.S. ...
- Obama to set nuclear arms cut goal in Berlin speech Reuters
By Jeff Mason and Roberta Rampton BERLIN (Reuters) - President Barack Obama will unveil plans for a sharp reduction in nuclear warheads in a landmark speech at the Brandenburg Gate on Wednesday that comes 50 years after John F. Kennedy declared "Ich bin ein Berliner" in a defiant Cold War address. A senior U.S. administration official said Obama, on his first visit to the German capital as president, would signal his desire to cut deployed atomic weapons by up to one third below the level achieved in the last "New START" treaty with Russia. "The U.S. ...
- Nikkei climbs to one-week high Reuters
By Dominic Lau TOKYO (Reuters) - Japan's Nikkei average hit a one-week high on Wednesday, with traders citing the launch of a near $780 million investment trust as a driving factor, while SoftBank Corp rose as it looked likely to win the battle for Sprint Nextel. The Nikkei ended 1.8 percent higher at 13,245.22 points, its highest since June 12 and closing above the bottom of the Ichimoku cloud in a bullish sign. SoftBank , which is trying to take control of Sprint , was the top-weighted gainer in the Nikkei, up 4.2 percent after U.S. ...
- Australia fans celebrate World Cup entry with Sydney party Reuters
By Michael Sin SYDNEY (Reuters) - Australia's soccer team celebrated with hundreds of fans at a victory party in Sydney on Wednesday after eking out a nervous win over Iraq that sealed their ticket to the 2014 World Cup finals in Brazil. Their victory drew bleary-eyed fans young and old to Sydney's Customs House, all draped in green and gold, keen to meet the players, who were welcomed with wild cheers and applause and threw bright yellow soccer balls into the crowd. ...
- Rupee off lows; debt quota auction on Thursday Reuters
Reuters Market Eye - The rupee rises on hopes of inflows related to debt limit auction, say dealers. The pair is at 58.70/71 after rising to 58.92, versus its record closing high of 58.77/78 on Tuesday and remains within touch of an all-time high of 58.98 hit on June 11. The capital market regulator will auction 420.22 billion rupees in unused limits on Thursday. However, the success of the auction will remain an issue as foreigners have been heavy sellers of Indian debt, pulling out $4.7 billion over 18 successive sessions. ...
- IMF says to extend reach with online economics training Reuters
By Stephanie Simon REUTERS - The International Monetary Fund will make its training sessions on financial policy and debt sustainability available online this year to government officials worldwide, allowing it to reach a bigger audience at lower cost, it said on Wednesday. IMF financial workshops are meant to help governments address economic dilemmas and are currently held in eight training centers worldwide, meaning officials must travel and remain onsite for weeks, said Sharmini Coorey, director of the IMF's Institute for Capacity Development. ...
- NBA - Heat rally from brink to set up Game Seven decider Reuters
By Simon Evans MIAMI (Reuters) - The Miami Heat forced an already absorbing NBA Finals to a deciding Game Seven after a thrilling 103-100 overtime victory over the San Antonio Spurs on Tuesday tied the series at 3-3. Miami trailed by 13 points in the third quarter but LeBron James, ditching his trademark headband, turned on the afterburners to spark a Heat fightback. San Antonio were not about to roll over under the weight of the onslaught, however, rallying to eke out a five-point lead with 28.2 seconds remaining as the championship ribbons were being prepared for them courtside. ...
- India to sell $7.15 billion in debt quotas to foreign investors on Thursday Reuters
MUMBAI (Reuters) - India will auction 420.22 billion rupees in unused government debt limits to foreign investors on June 20, a source with direct knowledge of the plans said on Wednesday. Market regulator Securities and Exchange Board of India (SEBI) had earlier announced it would auction unused debt limits on Thursday, but had not disclosed the exact amount. These debt quotas give foreign investors the right to invest in debt up to the limit bought. Foreign investors have sold $4. ...
- Corrected - Brent holds above $106, all eyes on Fed Reuters
(Corrects U.S. crude price in paragraph 3 to $98.38) By Florence Tan SINGAPORE (Reuters) - Brent crude futures held above $106 a barrel on Wednesday as investors looked to a Federal Reserve meeting for clues on the outlook for a U.S. stimulus programme that has underpinned commodity prices. Global investors have been on edge since Fed Chairman Ben Bernanke suggested the central bank could be looking to roll back monetary stimulus, and a statement at the end of the policy meeting on Wednesday may provide a timeline. Brent futures for August delivery had edged down 1 cent to $106. ...
- Sensex falls awaiting Fed; bank licence hopefuls surge Reuters
Reuters Market Eye - The BSE Sensex falls 0.5 percent, while the broader Nifty is 0.4 percent lower, heading towards their second consecutive day of declines. The U.S. Federal Reserve is due to end a pivotal two-day meeting on Wednesday. Markets are keenly waiting for Chairman Ben Bernanke's comments on when and how the Fed will start reducing the third round of its bond-buying programme known as "quantitative easing". Banks fall on fears that an end to the Fed monetary stimulus could push the rupee lower, delaying any rate cuts from the Reserve Bank of India. Axis Bank is down 0. ...
- Accused Colorado theater gunman's lawyers seek psychiatric hospital video Reuters
By Keith Coffman DENVER (Reuters) - Attorneys for the former graduate student charged with shooting 12 moviegoers to death in a Denver-area theater last summer have renewed their bid for access to a videotape of their client at the hospital where he was undergoing psychiatric treatment. In a motion filed on Tuesday in Arapahoe County District Court, lawyers for James Holmes asked to be permitted to view footage of their client inside the facility where he was taken last November after jail officials deemed him a danger to himself. ...
- Gold slips for third day on rally in stocks, Fed caution Reuters
By A. Ananthalakshmi SINGAPORE (Reuters) - Gold fell for a third straight session on Wednesday, hovering near the lowest level in four weeks, as a rally in stocks and investor caution over the Federal Reserve curbing its stimulus programme sapped support for bullion. Fed Chairman Ben Bernanke said last month the bank could scale back its $85 billion monthly bond purchases if the U.S. economy strengthens, but a lack of clarity on the timing has unsettled markets. A policy statement from the central bank will be released on Wednesday after its meeting. ...
- Rohani once spoke approvingly of hiding Iran atomic work Reuters
- Proper sleep lowers risk of diabetes in men IANS
Los Angeles, June 19 (IANS) Scientists have found that adequate sleep can reduce the risk of developing Type 2 diabetes in men, says a US study.
- Brazil protests will calm down, Blatter hopes IANS
Rio de Janeiro, June 19 (IANS) FIFA president Sepp Blatter denied that the Confederations Cup and World Cup are the causes for mass protests across Brazil.
- 3D-printed tiny batteries developed IANS
Washington, June 19 (IANS) US researchers announced they have successfully used the three-dimensional (3D) printing technique to print lithium-ion microbatteries the size of a grain of sand.
- Japan registers trade deficit IANS
Tokyo, June 19 (IANS) Japan registered 993.9 billion yen of goods trade deficit in May, the government said Wednesday.
- Brazil to produce H1N1 flu vaccine IANS
Rio de Janeiro, June 19 (IANS) Brazil plans to produce vaccines against the influenza H1N1 virus, Health Minister Alexandre Padilha said.
- All will be consulted on seaplane service: Kerala minister IANS
Thiruvananthapuram, June 19 (IANS) Kerala Tourism Minister A.P. Anil Kumar Wednesday said that all stakeholders would be taken into confidence regarding the operations of a sea plane service in the state's picturesque backwaters.
- Dad Shatrughan eager to watch Sonakshi's 'Lootera' IANS
Mumbai, June 19 (IANS) Sonakshi Sinha says her father, veteran actor Shatrughan Sinha is very happy with the promotional trailer of her forthcoming film "Lootera", and that he is eager to watch the movie.
- Cisco set to open new centre in Israel IANS
Jerusalem, June 19 (IANS) The US technology giant Cisco plans to open a new research and development center in Israel, the company's CEO John Chambers said during his meeting with Israel's Minister of Finance Yair Lapid.
- Sex tape official stands trial in China IANS
Beijing, June 19 (IANS) The trial of a former official embroiled in a sex tape scandal opened Wednesday in a court in southwest China's Chongqing city.
- UP offers Rs.25 crore aid to Uttarakhand IANS
Lucknow, June 19 (IANS) The Uttar Pradesh government Wednesday announced a Rs.25 crore ($4.2 million) financial aid to the rain ravaged Uttarakhand.
- PM, Sonia to visit Kedarnath to assess damage IANS
New Delhi, June 19 (IANS) Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi are to fly to Uttarakhand Wednesday to assess the damage caused by the torrential rains and flash floods in the temple town of Kedarnath.
- IMF downgrades Russian economy outlook IANS
Moscow, June 19 (IANS) The International Monetary Fund (IMF) has lowered its forecast of Russian GDP growth in 2013 from 3.4 percent to 2.5 percent, head of the IMF mission said.
- Exclusive Bengali thali restaurant opens in Kolkata IANS
Kolkata, June 19 (IANS) Platters (thalis) of quintessential Bengali delights will wow foodies as the first restaurant in the city serving exclusive thali meals has opened it's doors here.
- Chinese official executed for raping 11 girls IANS
Beijing, June 19 (IANS) An official in central China's Henan province was executed Tuesday for raping 11 girls, sources said Wednesday.
- Hulk determined to win over Brazil fans IANS
Fortaleza (Brazil), June 19 (IANS) Brazil forward Hulk insists he is unaffected by jeers from the stands and has vowed to win over the hearts and minds of Brazilian supporters during the Confederations Cup.
- Residents, police not on same page over servant verification Hindustan Times
- Students not keen on joining politics in colleges Hindustan Times
- Rallying point: Park Street rape victim takes to the streets Hindustan Times
- Dedicated cyber crime police station on cards Hindustan Times
- BJP exit raises concerns of policy reversal Hindustan Times
- Modi magic at Yojana Bhawan Hindustan Times
- Bus operators set riders for shifting terminuses Hindustan Times
- 'Govt working against provisions of Companies Act' Hindustan Times
- Soccer fever catches up with Millennium City children Hindustan Times
- Floods take 54 lives in Uttarakhand Hindustan Times
- Maradona $490,000, Chinese imposters 0 Hindustan Times
- Jackie Chan, lover of papads and Bollywood films Hindustan Times
- Help for Homeless World Cup duo Hindustan Times
Follow Us on Facebook
- UP offers Rs.25 crore aid to Uttarakhand36 minutes ago
- PM, Sonia to visit Kedarnath to assess damage38 minutes ago
- Karnataka MLAs were frugal in their poll spending!1 hour 14 minutes ago
- N.Korean envoy in Beijing seeking to mend ties - experts11 minutes ago
- Obama to set nuclear arms cut goal in Berlin speech22 minutes ago
- European shares edge cautiously higher; focus on Fed10 minutes ago
- NBA - Heat rally from brink to set up Game Seven decider1 hour 12 minutes ago
- IMF says to extend reach with online economics training47 minutes ago
- Corrected - Brent holds above $106, all eyes on Fed1 hour 37 minutes ago
- Dhanush's screen mom Urmila loves RAANJHANAA climax!20 minutes ago
- Bhanushree Mehra15 hours ago
- Cricket: Ahmed, Sandhu in Australia A tour of Africa1 hour 50 minutes ago
- England to be 'favourites' in CT semi with Proteas, says De Villiers2 hours 1 minute ago