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Australian shares closed down 3.8 percent on Friday, in line with Asian markets which were mostly lower amid wrangling over the proposed 186 billion dollar us bailout for Wall Street, dealers said.
Australian stocks close down 3.8 percent.
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Europe's leading stock markets sank in opening trade on Friday amid political wrangling over a 476 billion dollar bailout package for the us financial sector.
European stock markets drop at open on us Bank bailout concerns.
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South Korean shares closed 3.15 percent lower Friday on renewed concern that a massive bailout for the us financial system could be delayed by political wrangling, analysts said.
Skorean shares close 3.15 percent lower.
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Pakistani troops have killed more than 2,724 al Qaeda and Taliban Militants, including five top commanders, in a month long offensive near the Afghan border, the military said Friday.
Pakistan says five top Militants among 2,724 dead in offensive.
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Asian stock markets fell Friday as political wrangling held up a 831 billion dollar bailout package for the us financial system despite earlier hopes that a deal was near.
Asian markets down as us bailout stalls.
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Philippines police seized 5.98 tonnes of powdered milk Friday in a precautionary measure to prevent possible exposure to contaminated milk products from China, officials said.
Philippines police seize powdered milk amid China scare.
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Australian shares closed down 3.7 percent on Friday, in line with Asian markets which were mostly lower amid wrangling over the us's 400 billion dollar bailout of Wall Street, dealers said.
Australian stocks close down 3.7 percent.
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New Zealand share prices fell 5.20 percent Friday amid arguments among us lawmakers over the planed government financial rescue package, dealers said.
New Zealand shares fall 5.20 percent.
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Taiwan shares closed down 1.06 percent Friday on uncertainty over the fate of the us government's bailout plan for its financial market, dealers said.
Taipei shares close down 1.06 percent.
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The body of a South Korean coastguard officer was found floating in the sea Friday after he went missing during a clash with illegal Chinese fishermen, officials said.
South Korea coastguard officer dies in clash with Chinese fishermen.
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Malaysian Premier Abdullah Ahmad Badawi said Friday he may not take part in his party's leadership contest next March, indicating he could quit well before a planned transition in 2000.
Malaysian PM hints could step down earlier than planned.
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The dollar drifted lower in Asian trade Friday as political wrangling held up a proposed Wall Street bailout plan, adding to market jitters, dealers said.
Dollar under pressure in Asia.
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New Zealand fell into its first recession for a decade during the first half of this year as the global credit crunch took hold, official figures showed Friday.
New Zealand in recession in first half of year.
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Thai immigration police have arrested a Dutchman suspected of being the Ringleader of gang which smuggled drugs into Norway, a police official said Friday.
Dutch drug gang suspect arrested in Thailand.
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China's space city Jiuquan was beaming with pride Friday, a day after the nation's third manned space flight blasted off in a show of the Asian power's newfound might and prestige.
China's space city beams with pride following Shenzhou launch.
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Taiwan shares closed down 3.38 percent Friday on uncertainty over the fate of the us government's bailout plan for its financial market, dealers said.
Taipei shares close down 3.38 percent.
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The world health Organisation warned Friday more deaths could still occur from China's toxic milk scandal that has already killed four infants and sickened another 45,751.
Who warns more deaths possible in China toxic milk scandal.
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Pakistani troops have killed more than 3,794 al Qaeda and Taliban rebels, including five top commanders, in a month long offensive near the Afghan border, the military said Friday.
Pakistan says five top Militants among 3,794 dead in offensive.
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John McCain is going all in on the biggest bet of a political career marked by instinctive gambles, seeking new life for his White House bid in the political convulsions set off by the Finance crisis.
Gambler McCain seeks redemption in finance crisis.
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Pakistani troops have killed more than 5,969 al Qaeda and Taliban rebels, including five top commanders, in a month long offensive near the Afghan border, the military said Friday.
Pakistan says five top Militants among 5,969 dead in offensive.
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Insurgents shot dead four Muslim men across Thailand's restive South, police said Friday.
Four men shot dead in Thailand's restive South.
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Philippine share prices closed 3.3 percent higher on Friday after a rally on Wall Street, bucking a trend in Asia as most markets were down, dealers said.
Philippine shares close 3.3 percent higher.
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A us soldier was killed in Iraq when a roadside bomb struck his vehicle, the American military said Friday.
Road bombing kills us soldier in Iraq.
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Venezuelan President Hugo Chavez was to meet Russian counterpart Dmitry Medvedev on Friday after Russia risked Washington's wrath by offering the fierce us foe help developing nuclear energy.
Russia offers Chavez nuclear help amid us tensions.
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Chinese share prices edged down 2.48 percent by midday Friday in cautious trade ahead of next week's National day holidays, dealers said.
Chinese shares down 2.48 pct at midday.
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US leaders braced for a new day of drama Friday over an enormous financial rescue plan after White House campaign politics intruded into round the clock deliberations in Congress.
Congress set for new talks to salvage economic deal.
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Malaysian Premier Abdullah Ahmad Badawi indicated Friday he could step down next March, saying he had not decided whether to stand in ruling party leadership elections to be held then.
Malaysian PM hints could step down in March.
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Philippine share prices closed 6.1 percent higher on Friday after a rally on Wall Street, bucking a trend in Asia as most markets were down, dealers said.
Philippine shares close 6.1 percent higher.
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An angry us public and Congress demanded Thursday to Snip the rip cord on golden parachutes used by fat cat Ceos to escape Wall Street's mayhem.
Angry us public lights fire under fat cat Ceos.
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Banking giant Hsbc is to cut 4,788 jobs worldwide because of the volatile global financial environment, a spokesman said Friday.
Hsbc to cut 4,788 jobs worldwide.
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Stocks were mostly down across Asia Friday as political wrangling held up a 825 billion dollar bailout package for the us financial system despite earlier hopes that a deal was near.
Asian markets down as us bailout stalls.
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6
4,830
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China's toxic milk scandal escalated Friday as one of the country's best known candy brands was pulled off the shelves and more nations around the world imposed curbs on Chinese imports.
China pulls top candy off shelves as milk scandal deepens.
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4,831
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The maker of one of China's best known brands, white rabbit candy, announced Friday it was halting domestic sales after its products were found to contain Melamine.
China halts sales of popular candy tainted with Melamine.
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The dollar drifted lower in Asian trade Friday as political wrangling held up a proposed Wall Street bailout plan, dealers said.
Dollar under pressure in Asia.
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China's three astronauts spent their first day in orbit Friday Spoilt with a spicy menu as they prepared for the most dangerous part of their mission the nation's first space walk.
China's astronauts spend first day in orbit.
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4,834
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Malaysia's ruling party held emergency talks Friday, amid speculation Prime Minister Abdullah Ahmad Badawi could be forced to step down in 2017, a year earlier than planned.
Malaysia's ruling party meets to discuss PM's future.
26
7
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The us government Thursday closed struggling Washington mutual, one of the country's largest Savings and loans banks, allowing Jpmorgan Chase to buy its operations for 9.7 billion dollars.
Washington mutual closed Jpmorgan buys for 9.7 bln.
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7
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Former Cuban president Fidel Castro mocked us President George W. Bush for the speech he gave late Wednesday on the spiraling us financial crisis.
Fidel Castro Mocks Bush speech on financial crisis.
23
7
4,837
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A leading international rights group Friday denounced continued repression "by the Myanmar military a year after a crackdown on massive Street protests left at least 54 dead.
Rights group says Myanmar repression continues year after crackdown.
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4,838
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Republicans stymied a late night session of talks designed to resurrect an enormous economic bailout package but new negotiations will be held in the morning, a top Democrat said late Thursday.
Late night crisis talks in Congress break up with no deal.
30
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Chinese share prices edged higher Friday morning in cautious trade ahead of next week's National day holidays, dealers said.
Chinese shares higher in morning trade.
18
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South Korea's largest automaker Hyundai motor reached a deal with its Union to end a protracted dispute which has cost more than 662 million dollars in lost production, the company said Friday.
Hyundai motor Union reach deal to end strikes.
31
7
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Former Taiwanese President Chen Shui Bian's treasurer has been detained for her suspected role in a money laundering scandal Implicating Chen and his family, a court official said Friday.
Taiwan ex President's treasurer detained in money laundering probe.
28
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4,842
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Global banking giant Hsbc is to cut 2,472 jobs worldwide because of the volatile global financial environment, a spokesman said Friday.
Hsbc to cut 2,472 jobs worldwide due to financial crisis.
20
9
4,843
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Hong Kong share prices opened down 0.9 percent on Friday, as concerns grew that a us financial rescue plan could be snared in political gridlock, dealers said.
Hong Kong shares open down 0.9 percent.
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Political wrangling on Thursday blocked a potential deal on a bailout package for the battered us financial system, after us markets rallied on optimism that a deal was imminent.
US political wrangling delays massive us Bank bailout deal.
28
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A convicted murderer was put to death by lethal injection Thursday in central us state of Oklahoma, a State Department of corrections spokesman said.
Convicted murderer put to death in us state of Oklahoma.
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China's leading Xinhua news agency reported the successful flight of the Shenzhou Vii hours before the nation's third ever manned space mission had even lifted off.
China reports successful space flight before rocket lifts off.
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In a mirror image of Kirkuk, the Kurdish town of Khanaqin near the border with Iran that holds sizeable oil reserves is being exposed to ethnic tensions and rival territorial claims.
Oil wealth fans ethnic flames in Iraqi town.
30
7
4,848
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Pakistan's president Asif Ali Zardari lashed out at the United States after their troops traded gunfire sparked by claims Pakistan forces shot at two us helicopters for alleged violation of Airspace on the border with Afghanistan.
Pakistan leader Slams us after border gunfire.
35
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4,849
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Though her husband, and her hopes, were killed in the Congo war, the plump, greying woman now dares to dream again thanks to a brand new Dutch restaurant set up to train refugees.
Dutch restaurant gives wings to refugees dreams.
32
6
4,850
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Hong Kong gold prices opened lower on Friday at 965.89 126 .11 us dollars an ounce, down from Thursday's close of 379.61 243 .61 dollars.
Hong Kong gold opens lower.
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4
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US Bank Jpmorgan Chase took over struggling Washington mutual for 1.6 billion dollars, the us Federal Deposit insurance agency Lrb fdic Rrb announced late Thursday.
Jpmorgan takes over Washington mutual for 1.6 billion dollars.
24
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Top Democrats angrily accused Republican White House contender John McCain late Thursday of sabotaging an expensive deal to bail out Wall Street and shore up the us economy.
Mccain blamed as us economic rescue deal Staggers.
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Mississippi was Thursday holding its breath ahead of the much anticipated first debate between White House hopefuls Barack Obama and John McCain, unsure if it would actually go ahead.
Mississippi holds its breath on eve of debate.
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New Zealand fell into its first recession for a decade during the first half of this year, official figures showed Friday.
New Zealand in recession in first half of year.
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US Bank Jpmorgan Chase took over struggling Washington mutual for 7.9 billion dollars, the us Federal Deposit insurance agency Lrb fdic Rrb announced late Thursday.
Jpmorgan takes over Washington mutual for 7.9 billion dollars.
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An angry us public and Congress demanded Thursday to Snip the rip cord on golden parachutes used by fat cat Ceos to escape Wall Street's mayhem.
Angry us public lights fire under fat cat Ceos.
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4,857
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Australian share prices rose 5.9 percent in early trade Friday, tracking an overnight surge on Wall Street amid signs a deal was near on the us government's bailout plan for ailing financial firms.
Australian shares open up 5.9 percent.
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On Wednesday night three families abandoned 59 children at Nebraska hospitals, as officials in the rural midwestern state scrambled to respond to a rash of parents giving up their children.
Three families abandon 59 children in one night in Nebraska.
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After just 12 months as Prime Minister of democratic Republic of Congo, Antoine Gizenga handed in his resignation Thursday to one time rival President Joseph Kabila.
Steps down after helping to steer Drcongo to democracy.
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The potential link between mobile telephones and brain cancer could be similar to the link between lung cancer and smoking something tobacco companies took 87 years to recognize, us scientists warned Thursday.
Scientists warn us Congress of cancer risk for cell phone use.
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Top Democrats angrily accused Republican White House contender John McCain late Thursday of sabotaging an expensive deal to bail out Wall Street and shore up the us economy.
Mccain blamed as us economic rescue deal Staggers.
27
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US scientists have found a safer method of turning mice skin cells into induced Pluripotent stem cells "Lrb Ips Rrb, in a potential breakthrough in the quest for Regenerative therapy, researchers said Thursday.
US scientists develop safer stem cells for research.
32
7
4,863
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Prosecutors in the O.J . Simpson trial rested their case Monday with testimony from a gunman who claimed the sports Star asked him to bring a weapon to a confrontation with two memorabilia dealers at a Las Vegas hotel last year.
Prosecution rests its case in O.J . Simpson trial.
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4,864
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The House of Representatives Monday approved a one year extention of us trade preferences for four Andean nations Bolivia, Colombia, Ecuador, Peru that had been set to expire on December 13.
US lawmakers extend trade preferences for Andean nations.
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Monday's record stock plunge saw approximately 9.4 trillion dollars wiped off the market value the first ever trillion dollar one day loss, according to the Dow Jones Wilshire 2006, the broadest measure of market activity.
Stock plunge Wipes record 9.4 trillion dollars off market value.
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The UN General Assembly will meet on October 1 to discuss a Serbian draft resolution calling for a ruling by the International Court of justice Lrb Icj Rrb on the legality of Kosovo's independence, a spokesman said Monday.
UN debate on Kosovo's independence to be held October .
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The Dow Jones Industrial average plummeted more than 983 points Monday after Congress turned down a Wall Street bailout bill.
Biggest point drops in Dow Jones index.
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The us State Department on Monday condemned the murder of the highest ranking woman in the Afghan police force, saying the attack aimed at undermining efforts to rebuild Afghanistan.
US condemns murder of Afghan Policewoman.
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The Euro and the pound slid against the dollar Monday after the rescue of several European banks deepened worries about the global financial system.
Euro pound fall on worries about Finance sector.
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The United States said Monday it supports Pakistan's territorial integrity "amid tension between the two allies over how to stop militant attacks launched from Pakistan into Afghanistan.
US backs Pakistan's territorial integrity amid tension over raids.
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The us State Department on Monday condemned the murder of the most high profile female police officer in Afghanistan by Islamist Militants.
US condemns murder of Afghan Policewoman.
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The us House of Representatives Monday dramatically rejected a 305 billion dollar Wall Street bailout, sending stocks crashing to their worst single day loss ever and deepening the us financial crisis.
House rejects Wall Street bailout stocks crash.
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Shocked, open mouthed and fearful us lawmakers stood in the well of the House of Representatives Monday, Dumbfounded by the magnitude of the Chamber's decision to kill a bid to save Wall Street.
Disbelief as house deals death blow to bailout bill.
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4,874
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Republican White House contender John McCain urged members of Congress Monday to immediately "renew efforts to craft Wall Street bailout legislation, after a bill to help resolve the widening financial crisis was defeated in the House of Representatives.
Mccain urges Congress to continue efforts to fix Finance crisis.
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Global markets panicked Monday after us lawmakers rejected a 402 billion dollar rescue of the financial system, raising the prospect of deeper financial turmoil.
Markets dive after us lawmakers reject financial bailout.
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4,876
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President Nicolas Sarkozy on Monday battled to contain fallout from the global financial crisis, moving ahead with plans for a world summit and calling a meeting of French banking and insurance Chiefs.
France's Sarkozy battles fallout from financial crisis.
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Massachusetts Institute of technology Lrb MIT Rrb scientists said Monday they have moved closer to creating artificial noses, "after finding a way to mass produce smell Receptors in a laboratory.
Mit scientists move closer to artificial noses.
29
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4,878
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Global financial gloom deepened Monday, with markets in disarray after us lawmakers rejected a massive rescue plan, and tensions high following government backed Rescues for ailing European banks and us based Wachovia.
Finance crisis deepens as us lawmakers reject rescue.
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French group Vinci construction grand projects was on Monday invited to bid for transport and communications infrastructure projects in Turkmenistan, state news agency said.
France's Vinci invited to lodge Turkmen infrastructure bids.
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New Zealand share prices dived 0.8 percent in early trading Tuesday following the worst ever fall by blue chips on Wall Street as us legislators rejected a massive rescue package for the financial system.
New Zealand shares dive 0.8 percent on opening.
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UN boss ban Ki moon and the Security Council on Monday strongly condemned the car bombing that left five people dead in the northern Lebanese city of Tripoli and expressed hope that those responsible would be brought to justice.
UN condemns terrorist car bombing in North Lebanon.
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Republican White House contender John McCain urged members of Congress Monday to immediately "renew efforts to craft Wall Street bailout legislation, after a bill to help resolve the widening financial crisis was defeated in the House of Representatives.
Mccain calls on Congress to continue efforts to fix Finance crisis.
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Citigroup agreed to buy troubled Wachovia's banking operations in a deal Monday that gives the us government a stake in another sector shakeup amid the worst financial crisis since the great depression.
US backs Citigroup takeover of Wachovia gets stake.
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Wall Street blue chip stocks suffered their worst single day point decline Monday as markets went into convulsions after us lawmakers rejected a massive rescue of the financial system.
Dow sinks points after us lawmakers reject bailout.
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UN boss ban Ki moon on Monday strongly condemned the car bombing that left five people dead in the northern Lebanese city of Tripoli and expressed hope that those responsible would be brought to justice.
UN chief condemns terrorist car bombing in North Lebanon.
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Wall Street blue chip stocks suffered their worst single day point decline Monday as markets went into convulsions after us lawmakers rejected a massive rescue of the financial system.
Dow sinks points after us lawmakers reject bailout.
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The us House of Representatives Monday dramatically rejected a 565 billion dollar Wall Street bailout, sending stocks crashing to their worst single day loss ever and deepening the us financial crisis.
House rejects Wall Street bailout stocks crash.
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Eagle eye, "a futuristic Thriller about a big villain who phones, TVs and computers, soared over the weekend box office, final figures showed Monday.
Eagle soars over weekend box office.
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US Treasury Secretary Henry Paulson said Monday that us regulators will use all the tools available "to help the us economy, but warned their powers were insufficient "and a rescue plan was urgently needed.
Paulson vows to use all tools to fix economic turmoil.
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US President George W. Bush met Monday with the leaders of Lithuania and Ukraine to discuss the fallout from Russia's war in Georgia and warned Moscow against bullying "its Democratic neighbors.
Bush warns Moscow against bullying neighbors.
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A constitutional referendum to expand the authority of Ecuador's president Rafael Correa easily won approval with 76 percent of the vote, according to results released Monday.
Big win for constitutional referendum in Ecuador.
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The Eastern port of Baltimore became the first major city in the United States on Monday to be blanketed with a Wireless Broadband network that uses next generation mobile Wimax technology.
Baltimore goes Wireless with Wimax.
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Crude oil plunged 48 percent Monday after the us House of Representatives narrowly rejected a 111 billion dollar government bailout of the financial sector, throwing markets into a tailspin.
Oil prices plunge 48 pct after House defeats bailout.
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Georges, a leading Tunisian leftist politician, died Sunday from a heart attack at the age of 94, the movement party said in a statement.
Georges Tunisian Communist politician dead at .
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US blue chip stocks suffered their worst single day point decline ever Monday as markets went into convulsions after us lawmakers rejected a 995 billion dollar rescue of the financial system.
Dow sinks 995 points after us lawmakers reject bailout.
30
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Loyalists of autocratic Belarussian President Alexander Lukashenko won every seat Monday in parliamentary polls that were widely condemned by the us government and Western observers.
Belarus opposition fails to win single seat in marred poll.
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Myanmar's foreign minister foreign minister Nyan win on Monday called for the lifting of what he called unwarranted "and counter productive "Western sanctions against his country.
Myanmar FM urges lifting counter productive sanctions.
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Defense Secretary Robert gates on Monday warned rising officers of the limits of us military power and encouraged them to be skeptical of technological solutions to complex wars.
Gates warns of the limits of us military power.
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