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Australian shares lost 5.0 percent on Wednesday, reversing earlier gains made on the back of an overnight Wall Street due to fresh nervousness about us financial woes, dealers said.
Australian shares close down 5.0 percent.
28
5
2,100
Malaysian Prime Minister Abdullah Ahmad Badawi, who is facing an opposition bid to seize power, said Wednesday he might step down before a planned Handover to his deputy in mid 2021.
Malaysian PM says may step down earlier than planned.
30
8
2,101
A Nigerian militant group said Wednesday it acted with a new ally to stage an attack which destroyed a Royal Dutch Shell oil flow station in the African nation's main producing region.
Nigerian oil rebels hit new Shell facility.
31
6
2,102
Indian police have released sketches of three men they believe were behind a series of bombs that killed 88 people in New Delhi on Saturday.
Indian police release sketches of Delhi bomb suspects.
24
7
2,103
French shares rose by 3.39 percent to 3,885.85 points on the Cac 59 index in initial trading on Wednesday, following an overnight rescue of us insurance giant AIG by the us Federal Reserve central bank.
French shares rise 3.39 percent in initial trading.
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7
2,104
Chinese share prices closed 4.36 percent lower Wednesday, led by banks amid unabated concerns over the impact of us financial turmoil on the Chinese economy, dealers said.
Chinese shares close . percent lower.
26
5
2,105
Shares of top Indian pharmaceutical company Ranbaxy slid Wednesday after the us regulator blocked imports of more than 44 of its drugs, saying they failed to meet manufacturing standards.
India's Ranbaxy shares slide after us blocks drug imports.
28
8
2,106
Members of Israel's governing Kadima party headed to the polls on Wednesday to elect a new leader, with the foreign minister and a hawkish former General vying to replace scandal plagued Prime Minister Ehud Olmert.
Israel's ruling party to pick Olmert's successor.
34
6
2,107
Thousands of Balinese in traditional outfits rallied on the Indonesian holiday Island Wednesday against an anti pornography bill Derided by critics as a threat to local cultures.
Thousands of Balinese rally against Indonesian anti Porn bill.
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8
2,108
The following are key facts about the leadership vote in Israel's ruling Kadima party being held on Wednesday, which could decide who will be the next Prime Minister.
Facts about the Kadima leadership vote.
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Frankfurt's Dax 94 opened 2.02 percent higher on Wednesday, after the us Federal Reserve agreed to a rescue loan to prevent us insurance giant AIG following Lehman Brothers into bankruptcy.
Frankfurt's Dax opens Slighly higher.
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4
2,110
Bangladesh plans to introduce tough laws to stamp out sex offences at its universities after a spate of complaints by female students, the government said Wednesday.
Bangladesh clamps down on University sex crimes.
25
6
2,111
A rally on Asian stock markets triggered by a massive us rescue plan for insurance giant AIG lost steam Wednesday as worries crept back over the us financial crisis, brokers said.
Asian stocks lose steam after cheering AIG rescue.
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7
2,112
Multi party talks to form Zimbabwe's new unity government were unlikely to start Wednesday with the top brass of President Robert Mugabe's party discussing cabinet posts after a landmark power sharing deal with the opposition.
Zimbabwe unity government talks likely on hold.
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6
2,113
A year after Ernest Bai Koroma swept into power in Sierra Leone with promises to shore up the country's economy and to tackle corruption, many here complain that the changes are too slow.
One year after elections Sierra Leoneans see little change.
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8
2,114
Women are playing a crucial role in post genocide Rwandan politics with the help of a seat reservation system that has made the country one of the few with equal representation of the sexes.
Women play key role in post genocide Rwanda.
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7
2,115
Malaysian Prime Minister Abdullah Ahmad Badawi, who is facing an opposition bid to seize power, said Wednesday he might step down before a planned Handover to his deputy in mid 2009.
Malaysian PM says may step down earlier than planned.
30
8
2,116
Britain's Spanish owned airport operator Baa said Wednesday it planned to sell London's Gatwick Hub after regulators last month called for the sale of two of its airports on competition grounds.
British airport operator Baa says to sell Gatwick Hub.
30
8
2,117
New Zealand share prices rallied Wednesday, rising 6.94 percent as the us Federal Reserve moved to bail out insurer American International group.
New Zealand stocks rebound 6.94 percent.
21
5
2,118
Australian shares closed down 6.3 percent Wednesday, reversing gains made earlier in the session on the back of an overnight Wall Street rally, dealers said.
Australian shares close down 6.3 percent.
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5
2,119
Chinese parents rushed babies in for medical Checkups in Beijing on Wednesday, voicing fear and confusion over what to feed their babies amid a growing scandal over tainted milk powder.
Fear and confusion for Chinese parents amid milk scare.
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8
2,120
Britain's Spanish owned airport operator Baa said Wednesday it planned to sell London's Gatwick Hub Immmediately, after regulators last month called for the sale of two of its airports on competition grounds.
British airport operator Baa says to sell Gatwick Hub.
31
8
2,121
Taiwan shares closed up Wednesday, but a late sell off pared back a bigger early advance spurred by the us bailout of insurance giant aig, dealers said.
Taiwan shares close up . percent.
26
5
2,122
New Zealand share prices rallied Wednesday, rising 6.21 percent after the us Federal Reserve moved to bail out insurer American International group.
New Zealand stocks rebound 6.21 percent.
21
5
2,123
The UN's special envoy for human rights to Cambodia has resigned after a long war of words with the government, as Prime Minister Hun Sen on Wednesday called him the one person he would never meet.
UN human rights envoy to Cambodia resigns.
35
6
2,124
Shares of top Indian generics company Ranbaxy slid Wednesday after the us regulator blocked the import of more than 85 of the company's drugs, saying they failed to meet manufacturing standards.
Ranbaxy shares slide after us regulator blocks drug imports.
30
8
2,125
Swiss bank credit Suisse said late Tuesday it has reached a deal with us regulators to buy back about 858 million dollars worth of securities from clients and pay a 54 million dollar penalty.
Credit Suisse says will buy back 858 million of stressed securities.
33
10
2,126
Britain's Spanish owned airport operator Baa said Wednesday it planned to sell London's Gatwick air Hub Immmediately, after regulators called last month called for it to sell two airports on competition grounds.
British airport operator Baa says to sell Gatwick Hub.
31
8
2,127
Four us led coalition soldiers and an Afghan national were killed in a bomb explosion in Eastern Afghanistan on Wednesday, the force said.
Afghan bomb kills four us led coalition soldiers.
22
7
2,128
In a move aimed at averting a new global economic shock, the us Federal Reserve agreed Tuesday to an unprecedented 29 billion dollar rescue loan for American International group.
US gives AIG 29 BLN dlr loan in bid to avert contagion.
28
11
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South Korean shares closed 6.1 percent higher Wednesday, recovering partially from Tuesday's 3.4 percent slide prompted by the collapse of us investment bank Lehman Brothers.
Skorean shares close 6.1 percent higher.
24
5
2,130
South Korea has signed an initial deal to lease 75,340 hectares Lrb 51,674 acres Rrb of Indonesian Coastal waters to grow seaweed for fuel, the government said Wednesday.
South Korea Indonesia sign deal on fuel from seaweed.
27
7
2,131
Taiwan shares finished up 6.73 percent Wednesday after a late fall upset early gains spurred by Wall Street's rebound and the Taiwan central bank's decision to cut the bank reserve ratio, dealers said.
Taiwan shares close up 6.73 percent.
32
5
2,132
Thailand's Prime Minister elect Somchai Wongsawat extended an olive branch Wednesday to protesters occupying the main government complex, making a call for national reconciliation.
New Thai PM extends olive branch to protesters.
23
7
2,133
The United States and China announced Tuesday a raft of trade agreements at the end of bilateral trade talks amid a faltering us economy buffeted by a financial crisis.
US China announce agreements after bilateral trade talks.
28
7
2,134
Hollywood's a list was out in force Tuesday at a Fundraiser for Barack Obama with stars including Leonardo Dicaprio helping to amass an estimated nine million dollars for the Democrat's White House campaign.
Obama mingles with Hollywood royalty at lucrative Fundraiser.
32
7
2,135
China said Wednesday that more than 4,484 babies had fallen ill and three died from drinking contaminated milk powder as it promised a sweeping check of every dairy producer across the country.
Tainted milk Sickens 4,484 babies in China.
31
6
2,136
Philippine share prices closed 8.4 percent higher Wednesday, helped by Wall Street gains and investors picking up local stocks after an 52 percent slide over the past six days, dealers said.
Philippine shares close 8.4 percent higher.
30
5
2,137
Scientists in France on Wednesday said they had figured out how a germ that causes potentially lethal food poisoning can be transmitted from a mother to a Foetus.
Scientists reveal how food poisoning bug Infects Foetus.
27
7
2,138
Philippine share prices closed 1.0 percent higher Wednesday, helped by Wall Street gains and investors picking up local stocks after an 43 percent slide over the past six days, dealers said.
Philippine shares close 1.0 percent higher.
30
5
2,139
Hundreds of worried policyholders, some hoping to terminate their agreements, lined up Wednesday outside the Singapore office of troubled global insurance giant American International Group Lrb AIG Rrb.
Factfile on insurance giant aig.
27
4
2,140
Hong Kong share prices fell below 18,430 points by noon Wednesday as financial and property stocks slid on uncertainties over the impact of the us financial crisis, dealers said.
Hong Kong shares below 18,430 in morning trade.
28
7
2,141
India has deployed its top fighter jets in its part of disputed Kashmir bordering Pakistan, officials and a report said Wednesday.
India Deploys more fighter jets in Kashmir.
20
6
2,142
American International Group Lrb AIG Rrb, the insurance giant rescued Tuesday by the us government, grew over the last 26 years from a small firm founded in China to a Goliath of global Finance before it ran into legal trouble and dramatic financial losses.
Aig insurance giant with humble beginnings.
43
5
2,143
Chinese share prices fell 2.97 percent by midday Wednesday, led lower by banks amid unabated concerns over the impact of us financial turmoil on the Chinese economy, dealers said.
Chinese shares down 2.97 percent at midday.
28
6
2,144
All dairy producers across China will be tested following a scandal over a chemical placed in milk powder that has killed three babies and sickened thousands, authorities said Wednesday.
China to test all dairy producers for dangerous chemical.
28
8
2,145
US lawmakers Tuesday sought to overturn a decades old ban on offshore drilling voting in favor of a new energy bill which has been spurred by spiralling oil prices.
US lawmakers vote to end year ban on offshore drilling.
28
9
2,146
For the past 81 years, Mohammed's Tambor "drum has Woken up Muslims of the Southern Lebanese city of Sidon during Ramadan for their last meal before a day of fasting from sunrise.
Ramadan drummer struggles with changing times in Sidon.
31
7
2,147
South Korea should Brace for more fallout from the us financial turmoil, top officials said Wednesday, calling for concerted efforts to calm local markets.
South Korea says us market turmoil won't end soon calls for calm.
23
10
2,148
North and South Korean officials will meet Friday to discuss energy aid for the North despite a deadlock in a six nation nuclear disarmament deal, the foreign Ministry in Seoul said.
Two Koreas to discuss energy aid despite nuclear deadlock.
30
8
2,149
South Korea said Wednesday that it has taken delivery of Patriot missiles to protect against attack by North Korea and they would be operational within two years.
South Korea takes delivery of patriots to protect against North Korea.
26
8
2,150
Taiwan's central bank has cut bank reserve requirements in an effort to increase liquidity and beat back the turmoil on global financial markets.
Taiwan cuts bank reserve requirement ratios.
22
5
2,151
Thai lawmakers elected Somchai Wongsawat, a brother in law to ousted Premier Thaksin Shinawatra, as the new Prime Minister Wednesday despite threats from protesters vowing to force him from power.
Thaksin's brother in law elected Thai PM.
29
6
2,152
Oil prices rebounded by about three dollars in Asia on Wednesday, after recent heavy losses, and global financial turmoil is likely to keep trading volatile, dealers said.
Oil rebounds about three dollars in Asia.
26
6
2,153
The United States and China announced Tuesday a raft of trade agreements, including health care and pharmaceutical products, at the end of one day bilateral trade talks in California.
US China announce agreements after bilateral trade talks.
28
7
2,154
Thailand's Supreme Court Wednesday delayed its verdict in a corruption case against ousted Premier Thaksin Shinawatra and issued a new arrest warrant ordering him to appear before the judges to hear their ruling.
Thai court delays verdict against Thaksin in Graft case.
32
8
2,155
Most Asian stock markets rebounded Wednesday from a dramatic selloff as an unprecedented us rescue plan for insurance giant AIG restored confidence in the global financial system for now.
Asian stocks rally after AIG rescue.
28
5
2,156
China's Mengniu dairy suspended trading of its shares on the Hong Kong stock exchange Wednesday after its products tested positive for a chemical that has killed at least three babies and sickened thousands more.
China dairy group suspends shares after milk scare.
33
7
2,157
One person died and 30 were injured Wednesday in a leak of ammonia at a dairy in saint Petersburg, Ria Novosti news agency reported.
Ammonia leak in Russia kills one Injures .
23
7
2,158
The Federal Reserve stared down pressure from markets and held its base lending rate at 8.7 percent Tuesday, suggesting the economy can Muddle through the current turmoil without an immediate rate cut.
Fed stands firm holds rates in face of market turmoil.
31
9
2,159
Two of 36 Chinese companies found to have a potentially deadly chemical in their milk powder were exporting their products to other countries, China's quality watchdog said Wednesday.
China says two exporting companies produced tainted milk.
27
7
2,160
Australian shares were up 5.9 percent at midday Wednesday, having slipped slightly from a strong opening after a rally on Wall Street, dealers said.
Australian shares up 5.9 percent at midday.
23
6
2,161
French defense Minister Herve Morin Wednesday asked his Australian counterpart to visit Afghanistan with him, as he stressed the need for foreign forces to remain in the country.
French defense Minister urges joint tour of Afghanistan.
27
7
2,162
US President George W. Bush on Tuesday endorsed the Federal Reserve's rescue loan for troubled insurance giant American International group as a move that would promote stability in financial markets, "the White House said in a statement.
Bush backs Fed rescue of troubled insurer aig.
36
7
2,163
Chinese share prices were slightly lower Wednesday morning, led by banks amid concerns over the impact of us financial turmoil on Chinese economy, dealers said.
Chinese shares off . pct in morning trade.
24
7
2,164
The United States and China announced Tuesday a raft of trade agreements, including health care and pharmaceutical products, at the end of one day bilateral trade talks in California.
US China announce agreements after bilateral trade talks.
28
7
2,165
US President George W. Bush on Tuesday endorsed the Federal Reserve's rescue loan for troubled insurance giant American International group as a move that would promote stability in financial markets, "the White House said in a statement.
Bush backs Fed rescue of troubled insurer aig.
36
7
2,166
The dollar extended gains against the yen in Asian trade Wednesday after the us Federal Reserve announced an unprecedented rescue package for troubled insurance giant aig, dealers said.
Dollar extends gains on AIG rescue.
27
5
2,167
Barclays said Wednesday it had reached a deal to acquire the North American investment banking and capital markets businesses of Beleaguered us investment giant Lehman Brothers for 8.73 billion dollars.
Barclays announces 8.73 BLN dlr deal to buy Lehman parts.
29
9
2,168
Hong Kong share prices opened 6.8 percent up Wednesday, tracking Wall Street's rebound after the us Federal Reserve announced a rescue package for troubled insurance giant aig, dealers said.
Hong Kong shares open up 6.8 percent.
28
6
2,169
The United States and China announced Tuesday a raft of trade agreements, including health care and pharmaceutical products, at the end of one day bilateral trade talks here.
US China announce agreements after bilateral trade talks.
27
7
2,170
The United States and China announced Tuesday a raft of trade agreements, including health care and pharmaceutical products, at the end of one day bilateral trade talks here.
US China hold trade talks amid escalating tensions.
27
7
2,171
US President George W. Bush on Tuesday endorsed the Federal Reserve's rescue loan for troubled insurance giant American insurance group as a move that would promote stability in financial markets, "the White House said in a statement.
Bush backs Fed rescue of troubled insurer aig.
36
7
2,172
A top peace negotiator and a hawkish former General battle it out on Wednesday in a party vote that could give Israel its next Prime Minister and determine the course of Middle East peace efforts.
Israel's ruling party to pick Olmert's successor.
34
6
2,173
Oil prices rebounded by more than three dollars in Asia on Wednesday after dropping to seven month lows on worries for slowing energy demand.
Oil rebounds three dollars in Asia.
23
5
2,174
Hong Kong gold prices opened higher on Wednesday at 554.01 480 .36 us dollars an ounce, up from Tuesday's close of 306.72 500 .59 dollars.
Hong Kong gold opens higher.
24
4
2,175
Taiwan shares were 5.43 percent higher in early trade Wednesday following Wall Street's rebound and the Taiwan central bank's decision to cut the bank reserve ratio, dealers said.
Taiwan shares sharply higher.
27
3
2,176
The us Federal Reserve announced an unprecedented rescue loan Tuesday of up to 64 billion dollars to save teetering insurance giant American International group from bankruptcy amid fears of a catastrophic effect on financial markets.
Fed confirms 64 BLN rescue loan for aig.
34
7
2,177
The us Federal Reserve announced Tuesday it would make an unprecedented 88 billion dollar rescue loan to save insurance giant American International group from bankruptcy amid fears of a catastrophic Meltdown on financial markets.
Fed launches AIG rescue loan to avoid market catastrophe.
33
8
2,178
Japanese share prices rose about two percent in early trade Wednesday as the us Federal Reserve announced an unprecedented deal to rescue insurance giant American International group.
Tokyo shares up two percent in early trade.
26
7
2,179
The us Federal Reserve announced on Tuesday an unprecedented rescue loan of up to 97 billion dollars to save insurance giant American International group from bankruptcy amid fears of a catastrophic effect on financial markets.
Fed confirms 97 BLN rescue loan for aig.
34
7
2,180
Barclays announced Wednesday that it had reached an agreement to acquire Lehman Brothers North American investment banking and capital markets businesses.
Barclays announces deal to buy Lehman parts.
20
6
2,181
Barclays announced in a statement Wednesday that it had reached an agreement to acquire Lehman Brothers North American investment banking and capital markets businesses.
Barclays announces deal to buy Lehman parts.
23
6
2,182
Australian shares rose 8.0 percent in early trade Wednesday following an overnight rally on Wall Street.
Australian shares open up 8.0 percent.
15
5
2,183
Bypassing its trade embargo on Communist Cuba, the United States on Tuesday announced approving 387 million dollars in farm sales "to Havana after hurricanes Gustav and Ike devastated Cuba's crops.
US gives green light to food sales to Hurricane hit Cuba.
29
10
2,184
South Korean shares opened 2.5 percent higher Wednesday following their 7.3 percent fall the previous day on the collapse of us investment bank Lehman Brothers.
Skorean shares open 2.5 percent higher.
24
5
2,185
South Korea based Samsung electronics said Tuesday it is offering to buy us flash memory Titan Sandisk for 6.2 billion dollars.
Samsung offers to buy Sandisk.
20
4
2,186
The main militant group in Southern Nigeria the movement for the emancipation of the Niger Delta Lrb mend Rrb said Thursday it had destroyed a major oil pipeline belonging to Royal Dutch Shell.
Nigerian Militants say Shell pipeline destroyed.
32
5
2,187
Armed Militants waging a war "in Nigeria's Southern oil producing Hub said on Friday they had released two South African workers taken hostage by Pirates last week.
Afp sports schedule for Friday September .
26
6
2,188
Britain declared a halt to short selling when investors borrow company stock to sell it on Thursday, and warned it could extend the ban to other financial sectors in order to steady the markets.
British regulator bans short selling in financial stocks.
33
7
2,189
Ex President bill Clinton Thursday cast an approving eye at Sarah Palin's political skills, but would not be drawn on whether his wife Hillary could run for the White House in 2023.
Bill Clinton likes Palin's political instinct.
31
5
2,190
Mexican President Felipe Calderon Thursday proposed a new law to Confiscate property gained through organized crime, amid escalating drug violence and a deadly grenade attack on national day celebrations this week.
Mexican President targets organized crime with new law.
30
7
2,191
Reports that the us government is preparing the creation of a new entity to rescue troubled financial firms lifted Wall Street Thursday and raised hopes for an end to the credit crisis.
Reports of new us rescue arm lift hopes amid financial crisis.
31
10
2,192
US Treasury officials and members of Congress were to meet Thursday evening to discuss the financial crisis, the White House said, when asked about the possible creation of a new government entity to rescue troubled financial firms.
Treasury officials lawmakers meeting on financial crisis.
36
6
2,193
Three of five Nigerian journalists arrested in connection with a hoax story alleging that the country's president was contemplating stepping down on health grounds, were freed Thursday, one of them said.
Nigerian journalists freed TV still off air over Presidential story.
30
9
2,194
The award winning us channel home box office Lrb HBO Rrb has hired a team of script writers to adapt two thrillers by author James Ellroy into a television series, variety magazine said Thursday.
James novels to be HBO series.
33
5
2,195
Global stocks took another frantic ride Thursday with nervous New York traders mounting a strong late day rally on hopes of new us program to salvage the troubled financial system.
Stocks see wild ride hopes grow for new us rescue.
29
9
2,196
A non profit Internet rights group on Thursday filed a lawsuit against President George W. Bush and others in his administration for the Massively illegal "surveillance of Emails and telephone calls without court warrants.
Internet group sues Bush for electronic eavesdropping.
33
6
2,197
The most prominent militant group in Southern Nigeria the movement for the emancipation of the Niger Delta Lrb mend Rrb said Thursday it had destroyed a major oil pipeline belonging to Royal Dutch Shell.
Nigerian Militants say Shell pipeline destroyed.
33
5
2,198
President George W. Bush met Thursday with us central bank chief Ben Bernanke, SEC chairman Christopher Cox and Treasury Secretary Henry Paulson to discuss the serious conditions in our financial markets, "the White House said.
Bush meets with Fed chief top economic advisors.
34
7
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