Archive for June, 2013

Asian shares extend gains as Fed, China fears subside

June 27, 2013
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By Chikako Mogi TOKYO (Reuters) – Asian shares extended gains for a second day on Thursday, buoyed by hopes that the U.S. Federal Reserve will not rush to end its stimulus programme, and by further signs that stresses in China‘s banking system are easing.
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U.S. boss held hostage now free

June 27, 2013
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BEIJING (AP) — An American boss detained nearly a week by his company’s Chinese workers left the Beijing factory Thursday after he and a labor representative said the two sides reached agreement in a pay dispute.
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Texas executes woman, 500th in state

June 27, 2013
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(Reuters) – Texas on Wednesday executed by lethal injection a woman convicted of stabbing her elderly neighbor to death in 1997, the first U.S. execution of a woman in nearly three years, the Texas Department of Criminal Justice said.
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ICAP executive seen linked to LIBOR scandal: Wall Street Journal

June 27, 2013
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NEW YORK (Reuters) – A senior executive at British brokerage firm ICAP PLC knew that some of the firm’s brokers worked with traders at UBS AG to manipulate benchmark interest rates, according to the Wall Street Journal, which cited sources familiar with the matter.
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Traders ‘take a breather,’ buying stocks and bonds

June 27, 2013
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NEW YORK (AP) — The stock market is focusing on the positive. Major stock indexes rose for a second day on Wednesday. It was the first two-day stretch of gains since the Federal Reserve gave a timetable for throttling back its economic stimulus a week ago.
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BP steps up spill payments protest with ad campaign

June 27, 2013
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By Andrew Callus LONDON (Reuters) – BP has stepped up its campaign for a revision of the way compensation for its 2010 Gulf of Mexico oil spill is calculated by placing advertisements in leading newspapers ahead of a July 8 appellate court hearing in the United States.
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Historic rulings on gay marriage

June 26, 2013
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Historic rulings on gay marriage

Click image to see more photos. (Noah Berger/AP Photo)
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Texas governor may revive abortion proposal

June 26, 2013
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By Corrie MacLaggan AUSTIN, Texas (Reuters) – A marathon speech by a Texas Democrat temporarily frustrated a Republican drive for new state abortion restrictions, but political sources predicted on Wednesday that anti-abortion Governor Rick Perry would quickly revive the proposal.
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Wall Street extends gains; Dow, S&P up one percent

June 26, 2013
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NEW YORK (Reuters) – Stocks extended their gains on Wednesday, with the Dow and S&P 500 rising 1 percent as concerns eased that the U.S. Federal Reserve would soon rein in its stimulus program.
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Wall St extends gains; Dow, S&P up 1 pct

June 26, 2013
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NEW YORK (Reuters) – U.S. stocks extended their gains on Wednesday, with the Dow and S&P 500 rising 1 percent as concerns eased that the U.S. Federal Reserve would soon rein in its stimulus program.
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