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Bank tax closer as govt publishes draft law US urges change in currency policies Australia approves 30 billion dollar coal gas projects EuroMillions winner 'may go public': organisers Madoff sale to run gamut from diamonds to bedroom slippers Germany's Daimler to invest 3 bln euros in China
 
 
 

The euro fell to 1.3895 dollars from 1.3918 dollars late in New York on Thursday©AFP/File  Bay Ismoyo
Dollar rises as 'currency war' takes centre stage... 
The dollar rose against the euro and steadied versus the yen on Friday as leading finance ministers met amid talk of a global currency war between countries looking to currency weakness to boost exports. In trading here, the European single currency fell to 1.3895 dollars from 1.3918 dollars late in New York on Thursday. Against the Japanese currency, the dollar dipped to 81.28 yen from 81.29 on Thursday. The United States urged G20 powers to reform their currency regimes to shore up the fragile world economy after a devastating crisis, but faced resistance to its ideas on Friday. G20 finance ministers and central bankers opened a two-day meeting in South Korea, stalked by warnings of an all-out currency war between debtor... Read

Oil price back above $82
Crude Oil bounced back above 82 dollars here on Friday in the wake of... Read
 
German business sees ever rosier prospects: survey
German business managers are surfing a wave of confidence, as a key... Read
 
Nuclear codes lost during Clinton presidency: ex-general
Special codes that allow the US president to order a nuclear attack... Read
 
Insurer AIA valued at 30.5 billion US dollars
Insurance giant AIA's massive initial public offering has been priced... Read
 
Currency skirmishes as G20 powers meet
The United States urged G20 powers to alter their currency regimes to... Read
 
French police break refinery blockade
French police broke up a picket line blocking access to the oil... Read
 
Man missing as ship, ferry collide on Dutch canal
A cargo ship collided with a small barge on a Dutch canal near the... Read
 
 
Bank tax closer as govt pub… 
The government published a draft law on Thursday to create a special tax on banks aimed at raising 2.5 billion pounds annually and helping to reduce... › Full Story
 
US urges change in currency… 
US Treasury Secretary Timothy Geithner has urged G20 nations running big trade surpluses to alter their currency regimes for the sake of global... › Full Story
 
 


 
Bomb blast at Pakistani mosque kills two
A bomb attack at a mosque in Pakistan's city of Peshawar killed two people and wounded 11 others as worshippers filed out after the main Friday Muslim prayers, officials said. The planted bomb detonated in a congested neighbourhood on the western outskirts of the city on the Muslim day of...
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One missing as ship, ferry collide on Dutch canal
A cargo ship collided with a small barge on a Dutch canal near the central city of Utrecht on Friday, leaving the skipper of the barge missing,...
Read
Tevez says City would flourish with Rooney: report
Carlos Tevez believes Manchester City would "win everything" if the club managed a successful, if audacious bid for wantaway Manchester United...
Read
UN warns North Korea heading for new food crisis
North Korea is heading for a new food crisis with drought and floods in various parts of the country exacerbated by cuts in international aid, the...
Read
Webber fastest in second Korea F1 practice
Formula One world championship leader Mark Webber topped the times in second practice for the Korean Grand Prix at the Yeongam circuit on...
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