Monthly Archives: November 2011

Cain likely to hear from backers and doubters (AP)

Written on November 30, 2011 by Editor - Political News

ATLANTA – Herman Cain says he must gauge the response of supporters before deciding whether his presidential candidacy can survive another allegation of inappropriate sexual behavior. He’s likely to hear from backers and doubters alike over the next few days. … Continue reading →

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Europe, US Jobs-Related News Dominate

Written on November 30, 2011 by Editor - Job News

U.S. jobs-related data may pique investor interest Wednesday, as markets remain focused on developments in Europe. Friday’s government employment report is the big data item for the week, but Wednesday’s ADP payrolls data and Challenger job cuts report are the … Continue reading →

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China redefines countryside poor

Written on November 30, 2011 by Editor - World News

29 November 2011 Last updated at 22:32 ET China has been criticised for setting the poverty line too low China has redefined the level at which people in rural areas are considered poor to include everyone earning less than $1 … Continue reading →

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Britain pulls embassy staff out of Iran

Written on November 30, 2011 by Editor - Top News Stories

By Robin Pomeroy TEHRAN | Wed Nov 30, 2011 3:05am EST TEHRAN (Reuters) – Britain has evacuated all its diplomatic staff from Iran, Western diplomatic sources told Reuters on Wednesday, a day after protesters stormed and ransacked its embassy and … Continue reading →

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Analysis: Banks’ contribution overstated, but retreat painful

Written on November 30, 2011 by Editor - Finance Top Stories

By Mike Dolan LONDON (Reuters) – Banks’ contribution to the economy may be hugely overstated, underscoring anger about the scale of taxpayer rescues and resultant government cutbacks, but a sharp retreat of banking worldwide looks painful for all and needs … Continue reading →

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Arrests in Olympus scandal could take weeks: lawyers

Written on November 30, 2011 by Editor - Finance Top Stories

By Taro Fuse and Linda Sieg TOKYO (Reuters) – Japanese authorities may take weeks to make any arrests over the accounting scandal at Olympus Corp, though initial findings by an investigative panel of experts are due to be released in … Continue reading →

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BOJ’s Nishimura warns of risk of broad credit crunch

Written on November 30, 2011 by Editor - Finance Top Stories

By Rie Ishiguro KYOTO, Japan (Reuters) – There is no quick fix to Europe’s debt woes that threaten to escalate into a more widespread credit crunch, Bank of Japan Deputy Governor Kiyohiko Nishimura warned on Wednesday, voicing policymakers’ growing concern … Continue reading →

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Caution on euro zone bailout progress hits Asian shares

Written on November 30, 2011 by Editor - Finance Top Stories

By Chikako Mogi TOKYO (Reuters) – Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund … Continue reading →

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Asia stocks fall as Europe debt crisis festers (AP)

Written on November 30, 2011 by Editor - Stock Markets News

BANGKOK – Asian stocks fell Wednesday after a meeting of Europe’s finance ministers failed to stem fears that the euro currency union is hurtling toward a breakup. Banking stocks slumped after some of the world’s top financial institutions were slapped … Continue reading →

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TMX says regulator has "serious concerns" about Maple deal (Reuters)

Written on November 30, 2011 by Editor - Stock Markets News

(Reuters) – TMX Group said Canada’s commissioner of competition expressed “serious concerns” about the likely competitive effects of Maple Group’s proposed plan to buy the owner of the Toronto Stock Exchange. The commissioner has serious concerns about the likely competitive … Continue reading →

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