Archive for March, 2014

FOREX-Dollar lower against euro, up against yen on risk appetite

March 28, 2014
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* Euro up against dollar on increased risk appetite
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Wall St rallies, S&P 500 cuts losses for the week

March 28, 2014
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By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks climbed on Friday, with all 10 major S&P 500 sectors gaining in a broad rally after comments from a Chinese official indicated that the country’s government was ready to take steps to support its slowing economy.
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Mudslide death toll expected to soar

March 28, 2014
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By Eric M. Johnson ARLINGTON, Washington (Reuters) – Washington state officials said the confirmed death toll from a huge mudslide in the U.S. Pacific Northwest was likely to rise sharply from 25 on Friday as residents accused local authorities of a slow early response to the disaster that had cost lives.
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Planes race to new MH370 search zone

March 28, 2014
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Perth (Australia) (AFP) – A multinational fleet of planes and ships raced Friday to a fresh search zone after a “credible new lead” that Malaysia Airlines Flight MH370 was flying faster than first thought before it plunged into the remote Indian Ocean.
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Markets take breather, watching for China moves

March 28, 2014
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TOKYO (AP) — Stock market trading was muted Friday in Asia as investors watched for moves by China to counter its economic slowdown.
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Banks, issuers look to Indian election to end IPO drought

March 28, 2014
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By Sumeet Chatterjee MUMBAI (Reuters) – After waiting nearly two years, GMR Energy plans to file an IPO prospectus in coming days to raise about $250 million, sources with direct knowledge of the deal said, starting what bankers hope is an election-fuelled revival in equity raising.
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‘Credible lead’ shifts Malaysia jet search area

March 28, 2014
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The search for wreckage of flight MH370 was shifted today to an area 1,100 kilometres northeast of where planes had been looking after “a new, credible lead”, Australian authorities said.
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Washington state mudslide death toll to increase ‘substantially’

March 28, 2014
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Darrington (United States) (AFP) – Emergency managers said they were close to announcing a “substantially” higher death toll from the monster US landslide that killed at least 16 and left 90 missing.
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Nuke commanders fired in cheating scandal

March 27, 2014
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WASHINGTON (AP) — The Air Force took the extraordinary step Thursday of firing nine midlevel nuclear commanders and announcing it will discipline dozens of junior officers at a nuclear missile base, responding firmly to an exam-cheating scandal that spanned a far longer period than originally reported.
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Mudslide crews face daunting task

March 27, 2014
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DARRINGTON, Wash. (AP) — Firefighter Jeff McClelland uncovered a body on the moon-like surface that blankets what used to be the community of Oso. Suddenly, he realized the dead man’s son and brother were among the volunteers scouring the debris field.
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