Sanjeev's Feed
Aug 19, 2010

Asia shares rise; dlr up on BOJ easing talk

SINGAPORE, Aug 19 (Reuters) – Asian stocks rose on Thursday
on hopes that a surge in U.S. mortgage applications will shore
up a faltering recovery, while the yen hobbled on reports that
the central bank was considering steps to contain its
export-sapping rise.

European stock markets rose in early with major shares up
0.3 percent .FTEU3, following a positive finish on Wall
Street and gains in Japan’s Nikkei .N225 which closed up 1.32
percent.

Aug 19, 2010

Japan shares up, yen holds steady on easing talk

SINGAPORE (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 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.