Nov
27

Greece, markets satisfied by EU-IMF Greek debt deal

BRUSSELS (Reuters) - The Greek government and financial markets were cheered on Tuesday by an agreement between euro zone finance ministers and the International Monetary Fund to reduce Greece's debt, paving the way for the release of urgently needed aid loans. The deal, clinched at the third attempt after weeks of wrangling, removes the biggest risk of a sovereign default in the euro...
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Govt to offer steady supply of residential land in 2013: analysts

SINGAPORE: The government is expected to offer a steady supply of land for residential developments in the first half of 2013.Property-watchers said the sites offered this year have seen strong interest from developers, pushing land prices up by an average of some 10 per cent on-year.To meet demand, the government has ramped up its land sales programme this year.For both the first and...
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New anti-China Asian trilateral grouping emerges; India, Indonesia, Australia to hold talks

NEW DELHI: India, Indonesia and Australia will form the first "troika" to confer on the Indian Ocean, a first step towards a trilateral grouping in Asia. This new engagement is believed to be significant as all three countries seek to hedge against possible Chinese expansionism. Peter Varghese, Australian high commissioner and new foreign secretary, said Canberra would be taking charge of the ...
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Bounce houses a party hit but kids' injuries soar

CHICAGO (AP) — They may be a big hit at kids' birthday parties, but inflatable bounce houses can be dangerous, with the number of injuries soaring in recent years, a nationwide study found.Kids often crowd into bounce houses, and jumping up and down can send other children flying into the air, too.The numbers suggest 30 U.S. children a day are treated in emergency rooms for broken bones, sprains,...
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Record Powerball Jackpot to Grow Even Bigger

The jackpot for Wednesday's Powerball drawing now stands at $425 million -- the richest Powerball pot ever -- and it's likely to get even sweeter."Back in January, we moved Powerball from being a $1 game to $2," says Mary Neubauer, a spokeswoman for the Iowa lottery. "We thought at the time that this would mean bigger and faster-growing jackpots."It's proved true. The total,...
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Nov
26

Egypt's Mursi to meet judges over power grab

CAIRO (Reuters) - Egyptian President Mohamed Mursi meets senior judges on Monday to try to defuse a crisis over his seizure of new powers which has set off violent protests reminiscent of the revolution last year that led to the rise of his Islamist movement. The justice minister said he believed Mursi would agree with the country's highest judicial authority on its proposal to limit the scope...
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More public companies in the Philippines eyeing Singapore market for funds

SINGAPORE: More Filipino companies may be looking at the Singapore market to raise funds, with some eyeing a dual listing while others an initial public offering (IPO), say analysts.Public companies in the Philippines that seek to list on the Singapore Exchange (SGX) usually do so to raise their profile and broaden their investor base. Filipino food producer Alliance Select Foods International...
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Congress in habit of denigrating institutions: BJP

NEW DELHI: BJP today hit out at Congress after former CAG official R P Singh did a volte-face on his claims on the national auditor's 2G report, saying the ruling party is in the habit of damning and denigrating institutions whenever it stands embarrassed. "This has become the habit of Congress party. Whenever it embarrasses them or whenever they are in trouble, they try to damn the institutions....
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Bounce houses a party hit but kids' injuries soar

CHICAGO (AP) — They may be a big hit at kids' birthday parties, but inflatable bounce houses can be dangerous, with the number of injuries soaring in recent years, a nationwide study found.Kids often crowd into bounce houses, and jumping up and down can send other children flying into the air, too.The numbers suggest 30 U.S. children a day are treated in emergency rooms for broken bones, sprains,...
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President Obama Prepares for Cabinet Shuffle

Nov 26, 2012 6:45am Carolyn Kaster/AP PhotoAs President Obama prepares for his second term, preparations have begun for the traditional shuffling of the Cabinet.Top priority for the president: filling slots for those top officials heading — if not running — for the door: Secretary of State Hillary Clinton and Secretary of the Treasury Tim Geithner.To replace Clinton,...
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