Sanjeev's Feed
Aug 19, 2010

Japan shares up, yen steady on easing talk

SINGAPORE, Aug 19 (Reuters) – Japanese shares rose on
Thursday, outperforming the rest of Asia, and the dollar held
steady on a report that the Bank of Japan was considering new
monetary easing measures to weaken the yen’s export-sapping
rise.

With a mixed performance overnight on overseas markets
offering few cues, shares moved in a narrow range across the
region as investors, particularly in Japan, picked up stocks on
dips.

Aug 19, 2010

Japan shares up, yen holds steady on easing talk

SINGAPORE, Aug 19 (Reuters) – Japanese shares rose on
Thursday, outperforming the rest of Asia, and the dollar held
steady on a report that the Bank of Japan was considering new
monetary easing measures to weaken the yen’s export-sapping
rise.

With a mixed performance overnight on overseas markets
offering few cues, shares moved in a narrow range across the
region as investors, particularly in Japan, picked up stocks on
dips.

Aug 18, 2010

Asian shares advance, BHP bid boosts confidence

SINGAPORE (Reuters) – Asian stocks rose on Wednesday and the dollar inched up against the yen as a $39 billion takeover bid in the farm sector and earnings from two U.S. retail giants boosted confidence in the corporate outlook.

The gains were limited though and the yen, seen as a safe haven, remained near a 15-year high against the dollar, following mixed data from the United States, showing higher producer prices while housing starts posted a weaker-than-expected rise.

Aug 18, 2010

Asian shares rise, BHP bid boosts confidence

SINGAPORE, Aug 18 (Reuters) – Asian stocks rose on
Wednesday and the dollar inched up against the yen as a $39
billion takeover bid in the farm sector and earnings from two
U.S. retail giants boosted confidence in the corporate outlook.

The gains were limited though and the yen, seen as a safe
haven, remained near a 15-year high against the dollar,
following mixed data from the United States, showing higher
producer prices while housing starts posted a
weaker-than-expected rise. [ID:nN17118370].

Aug 17, 2010

Japan shares test lows on global woes

SINGAPORE (Reuters) – The U.S. dollar headed toward a 15-year low against the yen on Tuesday and Japanese shares slid as weak U.S. data added to worries about a global slowdown.

Other Asian stock markets were slightly firmer although analysts said there was little reason for them to rise much higher given the weak sentiment.

Aug 17, 2010

Dollar, Japan shares test lows on global woes

SINGAPORE (Reuters) – The U.S. dollar headed toward a 15-year low against the yen on Tuesday and Japanese shares slid as weak U.S. data added to worries about a global slowdown.

Other Asian stock markets were slightly firmer although analysts said there was little reason for them to rise much higher given the weak sentiment.

Aug 15, 2010
via Afghan Journal

With Pakistan on the ropes, the fight against extremism just got harder

Photo

 

Pakistan’s army has said it won’t be diverting forces from the fight against Islamist militants while it helps deal with the country’s worst floods  in 80 years . Troops who were on training have been called back to lead the flood relief effort, leaving those  deployed on the Afghan front to continue operations against militants, the army said.

But with the floods devastating the trunk of Pakistan running from the northwest to Sind, through the growthengine of Punjab, disrupting the lives of an estimated 20 million people - which is 12 percent of the population – and delivering a serious blow to an already enfeebled economy, it’s hard to imagine that there won’t be any impact on the deadly, costly battle to win back ground from the extremists, bothinside Pakistan and Afghanistan.  It is hard enough for any nation to fight a war such as the one Pakistan is engaged in, willingly or otherwise, against an enemy that it once nurtured.  But to be at war when a third of the land  is affected by the most devastating floods yet,  crops worth a $1 billion are damaged in a country in a country where agriculture is the mainstay  and popular anger is  running high, calls for nerves of steel. And all this when it is already on a $11.3 billion IMF bailout programme whose stringent conditions Pakistan was struggling to meet even before the floods struck.

Aug 11, 2010
via Afghan Journal

Resurgent Taliban target women and children

Photo

Civilian casualties in the worsening war in Afghanistan are up just over 30 percent in the current year,  the United Nations said in a mid-year report this week, holding the Taliban responsible for three-quarters of the deaths or injuries.

More worrying, women and children seem to be taking the brunt of the violence directed by a resurgent Taliban, which will only stoke more concern about the wisdom of seeking reconciliation with the hardline Islamist group.

Aug 9, 2010
via Afghan Journal

The Islamists and the Great Flood of Pakistan

Photo

(Flood victims in Pakistan's Sukkur)

Pakistan’s floods are now considered to be more damaging than the massive earthquake that devastated its part of Kashmir in 2005, not least because of the inability of the administration to respond quickly to the crisis.  Pakistan is not alone in the region ill-prepared  to cope with natural disasters. Bigger, richer India is just as unable to either eliminate or limit the destruction that its bountiful rivers unleash each monsoon, and you hear the same chorus of criticism of government apathy. Bangladesh, too, gets more than its share of cyclones and floods each season, and yet successive governments are overwhelmed each time disaster strikes.

But the one difference in Pakistan is that Islamist charities, some believed linked to militant groups, are ready to step into the breach. And that is worrying a lot of people, as the flood waters sweep over Khyber-Pakhtoonkhwa, the province in northwest Pakistan which has been the main battleground in the fight against militants, down to the heartland province of Punjab and into Sindh.

Aug 3, 2010
via Afghan Journal

No place for women in the Great Afghan endgame

Photo

A Time magazine cover showing the face of an 18-year-old Afghan woman mutilated by the Taliban has set off a furious debate about how far to go in search of a political settlement with the resurgent Islamist group to end nine years of fighting.

On the one side are those who point to the latest atrocity as a reminder of the brutality of the Taliban, and that nothing really had changed. Women will pay the heaviest price if the hardline Islamist group returned to power, they warn. On the other hand are those who argue that America cannot indefinitely remain in Afghanistan to defend women’s rights which in any case remains an elusive goal. Indeed the latest abuse took place while troops are on the ground which goes to show the limits of military power.