Europe embraces healthy raw dairy by unveiling fresh milk vending machines

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Europe embraces healthy raw dairy by unveiling fresh milk vending machines

Northern Iraq Focus of Fresh Attacks That Leave 38 Dead

Northern Iraq Focus of Fresh Attacks That Leave 38 Dead

Tuesday: 38 Killed, 25 Wounded

by Margaret Griffis, October 08, 2013

At least 38 people were killed and 25 more were wounded in random attacks across the country. Most of them took place north of Baghdad, but heavy clashes took place just south of the capital.

In Mosul, an I.E.D. killed three soldiers. Gunmen killed the spokesman for the Nineva governor. A policeman was killed in a bombing. A bomb killed two people and wounded three more.

Seven gunmen were killed during a security operation in Qayara.

Ongoing clashes in Jurf al-Sakhar left six insurgents dead and several wounded. Four Special Forces members were killed as well. Some of the insurgents appear to be foreign nationals.

In Falluja, a headless body was discovered. Gunmen killed a civilian. An insurgent was killed as he was trying to plant a bomb. A grenade wounded a policeman.

Gunmen killed three soldiers and wounded three more in Qayara.

Two policemen were killed and two more were wounded in a Shura bombing.

A bomb in Baiji left one policeman dead and four wounded.

In Baghdad, a bomb killed three people and wounded 10 more in the Zaafariniya neighborhood.

Gunmen killed a barber in Saniya.

A body was found in Dibis.

Two civilians were wounded when a bomb exploded in Hit.

Three people were kidnapped in Shirqat.

Read more by Margaret Griffis

• Bombers Return To Baghdad; 71 Killed, 164 Wounded – October 7th, 2013


• Iraq Primary School Among Targets For Suicide Bombers; 64 Killed, 192 Wounded – October 6th, 2013


• Pilgrims, Journalists Among 107 Killed, 179 Wounded in Iraq Attacks – October 5th, 2013


• Ten Killed in Northern Iraq – October 4th, 2013


• Iraq: 29 Killed in Continuing Attacks – October 3rd, 2013

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Northern Iraq Focus of Fresh Attacks That Leave 38 Dead

The Best Of Today Now!: Fresh Roasted Cup Of News

The Best Of Today Now!: Fresh Roasted Cup Of News

Order restored after fresh Myanmar religious unrest

HTAN KONE, Myanmar (Reuters) – Authorities restored order in Myanmar’s northern Sagaing region on Sunday after a Buddhist mob set fire to nearly two dozen Muslim-owned buildings and attacked rescue workers in the latest widening of sectarian violence in the former military-run state.

Reuters: Top News

Order restored after fresh Myanmar religious unrest

Egypt braces for fresh protests

CAIRO (AP) — Egyptian security and military forces have deployed around Cairo, closing off traffic in some major thoroughfares and in the city center ahead of protests by supporters of ousted President Mohammed Morsi.

The Friday rallies are a test of whether Morsi’s supporters can keep up their pressure despite an intensive security crackdown on the Muslim Brotherhood, from which he hails.

They come a day after deposed autocrat Hosni Mubarak was released from prison, adding to tensions.

Hundreds of Brotherhood members, including the group’s leader, have been detained and hundreds killed in some of the worst bouts of violence since 2011.

Morsi supporters have kept up their campaign since his July 3 ouster. But rallies have petered out in recent days. Recent protests have descended into clashes with security and citizens.

Associated Press

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Headlines

Egypt braces for fresh protests

Dollar strides to fresh high after U.S. jobs boost

1 of 6. A visitor walks past logos at the Tokyo Stock Exchange in Tokyo June 13, 2013.

Credit: Reuters/Toru Hanai

By Dominic Lau

TOKYO | Mon Jul 8, 2013 2:42am EDT

TOKYO (Reuters) – Asian shares tumbled on Monday as strong U.S. jobs growth increased the chances of the Federal Reserve rolling back its stimulus in coming months, sending the dollar to a three-year high against a basket of major currencies.

Chinese stocks and regional sentiment were hurt by Beijing’s plan to choke off credit to force consolidation in industries plagued by overcapacity as it seeks to end the economy’s reliance on investment funded by cheap debt.

European shares were expected to open higher, however, with Britain’s FTSE 100 .FTSE seen trading up as much as 1 percent and Germany’s DAX up as much as 0.7 percent, according to spreadbetters.

U.S. employers added 195,000 new jobs to their payrolls last month, beating expectations of 165,000. Adding to the positive sentiment, the figures for April and May were revised up by a combined 70,000. The unemployment rate held steady at 7.6 percent as more people entered the workforce.

Friday’s sharp selloff in U.S. Treasuries – with the 10-year yield suffering its biggest one-day rise in nearly two years, Reuters data showed – accelerated losses that started in May over the uncertainty of the Fed’s $ 85 billion a month bond-buying program.

Yields on 10-year U.S. Treasuries, which move opposite to price, were at 2.6924 percent, turning lower after climbing to a nearly two-year high of 2.755 percent in Asian trade. They jumped 23.3 basis points to 2.736 percent on Friday, driving up U.S. dollar borrowing costs.

“The money in the market is very short term right now. Most investors have given up hope for any stimulus from Beijing, but now it seems they could be rolling out stricter ground rules to aid the restructuring of the economy,” said Jackson Wong, vice-president for equity sales at Tanrich Securities in Hong Kong.

MANIC MONDAY

Shares in MSCI’s Asia-Pacific ex-Japan index .MIAPJ0000PUS shed 1.8 percent to a two-week low, while Chinese equities .CSI300 lost 2.2 percent and Hong Kong’s Hang Seng Index .HSI dropped 2.1 percent.

China’s resolve to overhaul its economy for long-term improvement will be tested this month if a slew of data shows growth is grinding towards a 23-year low, as expected.

The median forecast of 21 economists surveyed by Reuters show China’s economy likely expanded 7.5 percent in April-June from a year ago, slowing from the previous three months as weak demand dented factory output and investment growth.

The CSI300 index has lost nearly 14 percent so far this year, while the MSCI Asian gauge is down 10 percent.

The weakness in Chinese markets dragged Tokyo’s Nikkei average .N225 down 1.4 percent. Earlier, the Japanese benchmark climbed as much as 1.3 percent to a six-week high.

“I don’t think it’s negative for Japan,” said a hedge fund manager, who declined to be identified, referring to higher dollar borrowing costs.

“For ASEAN countries, it is more of a concern if rates continue to go up. A lot of the funding for some of these countries is dollar-denominated.”

The selloff in Treasuries also hurt Japanese government bonds on Monday, with the 10-year yield up 2.5 basis points to 0.880 percent.

DOLLAR HIGH

The dollar hit a six-week high of 101.54 yen after gaining 1.2 percent on Friday, its biggest one-day rise in a month.

“The dollar looks likely to gain further. But then again, if Chinese shares face more pressures, we could see a bigger dip in the dollar/yen,” said Koichi Takamatsu, forex manager at Nomura Securities in Tokyo.

Against a basket of major currencies, the dollar .DXY advanced 1.6 percent to a three-year high.

The euro dipped 0.1 percent to $ 1.2820, not far off a seven-week low of $ 1.2806. It dropped 1.4 percent versus the dollar in the previous two sessions on the U.S. jobs data and the European Central Bank’s dovish policy guidance.

Brent crude prices added 0.3 percent to $ 108 a barrel, extending Friday’s 2.1 percent rise on the strong U.S. data and concerns over Egypt’s unrest increasing instability in the Middle East.

Copper prices eased 0.2 percent to stay below $ 6,800 a ton after shedding 2.3 percent in the previous session as the dollar firmed, while gold eased 0.2 percent, extending Friday’s 2 percent decline.

(Additional reporting by Clement Tan in Hong Kong and Hideyuki Sano in Tokyo; Editing by Eric Meijer)

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Reuters: Most Read Articles

Dollar strides to fresh high after U.S. jobs boost

Japan announces fresh aid to Burma

26 May 2013 Last updated at 07:36 ET

Mr Abe and Burmese President Thein Sein drank to the warm ties between their countries

Continue reading the main story

• Q&A: Communal violence


• EU lifts sanctions against Burma


• What’s behind violence?


• Will opposition adapt?

Japan has announced fresh loans to Burma and cancelled the remainder of its debt with the country, as Tokyo seeks to boost economic ties.

The announcement came during a visit by Japanese PM Shinzo Abe to Burma, where he had talks with President Thein Sein.

Mt Abe pledged about $ 500m (£330m) in new loans and wrote off $ 1.74bn of Burma’s debt to Japan, officials said.

Japan, a key donor to Burma, maintained trade ties with the country during its years of military rule.

Correspondents say Mr Abe’s visit – the first visit by a Japanese prime minister since 1977 – marks a further improvement in already warm relations.

Last year Tokyo cancelled $ 3.4bn of Burma’s debt. Saturday’s announcement means the outstanding debt has been written off as well.

The new loans will cover infrastructure development projects and power station maintenance.

On Saturday Mr Abe visited the site of a proposed port and business park which Japan and Burma are to develop jointly.

He also met opposition leader Aung San Suu Kyi.

Burma has undergone a programme of reforms since a nominally civilian government was installed in 2011.

Hundreds of political prisoners have been released, and censorship rules have been relaxed. The EU and US have lifted the majority of sanctions against Burma as a result.

However, Burma has experienced serious anti-Muslim violence in recent months.

BBC News – Asia

Japan announces fresh aid to Burma

Nikkei set to surge to fresh miltiyear highs on buoyant global mood, Toyota in focus

Wed May 8, 2013 7:36pm EDT

 TOKYO, May 9 (Reuters) - Japan"s Nikkei share average is expected to rise to new five-year highs on Thursday buoyed by a record finish on Wall Street and the European market, while Toyota Motor Corp is likely to be in focus after reporting its full-year results. Market players said the Nikkei was likely to trade between 14,250 to 14,500 on Thursday, after ending up 0.7 percent to 14,285.69 on the previous day. The index shot up to an intrasession peak of 14,421.38 on Thursday, its highest level since June 2008. Nikkei futures in Chicago closed at 14,370, up 0.8 percent from the close in Osaka of 14,260. "Japanese stocks have already been high and some investors have expressed concern of a short-term pull-back, but there"s been renewed investor appetite after both U.S. and European stocks hit record highs," said Kenichi Hirano, a strategist at Tachibana Securities. The S&P 500 closed at an all-time high for a fifth day on Wednesday. In the currency market, the euro rose to a more than two-week peak against the yen on Wednesday as positive German data eased fears about the euro zone"s largest economy. After a brief pause, the Japanese market has resumed its record run in recent sessions, underpinned by central bank and government policies to revive growth and as the U.S., Germany and China broke a run of soft data with some upbeat economic reports. Analysts said the weak yen trend is likely to remain a prop for exporters, especially euro-sensitive stocks such as precision equipment shares and automakers like Mazda Motor Corp . "The dollar-yen level is hovering at the same level and is not providing fresh surprises. But if the euro stays above 130 yen for the day, the mood should remain positive," said Hiroichi Nishi, assistant general manager at SMBC Nikko Securities. On an individual stock basis, market participants said that Toyota, whose ADRs rose more than 3 percent, will likely attract buying despite its conservative profit forecast for the year through March 2014. "The company based its dollar-yen assumption at 90 yen, which is very, very conservative. If the company had based it at 95 yen, the forecast would have been impressive," said Tachibana"s Hirano. The dollar last traded at 98.90 yen, while the euro was at 130.12 yen. > S&P 500 ends at record for 5th day; Groupon up late > Euro jumps as upbeat German data curbs ECB easing talk > U.S. bonds make small gains as yields draw buyers > Gold up over 1 pct on dollar drop, physical demand > Oil ends mixed, Brent/WTI at narrowest in 2-plus years STOCKS TO WATCH --Toyota Motor Corp Toyota more than doubled its fourth quarter net profit, as the yen"s depreciation helped the automaker export more profitably and U.S. sales of the Avalon sedan and Tacoma truck were strong. --Toshiba Corp Toshiba forecast a 34 percent jump in operating profit for this fiscal year, boosted by strong sales of its flash memory chips, but the outlook fell short of market expectations as it struggles to turn around its TV division. The company separately said that demand for memory chips were still strong in the first quarter of this business year ending March 2014, while prices would remain steady. --Resona Holdings Inc Resona plans to finish repaying the 871.6 billion yen ($ 8.8 billion) in public funds it still owes the government in five years, the Nikkei business daily said on Thursday. 

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Reuters: Financial Services and Real Estate

Nikkei set to surge to fresh miltiyear highs on buoyant global mood, Toyota in focus