Australian dollar dropped near its eight-week slump Tuesday against the US dollar as concerns on European debt crisis escalates. The Australian currency traded at 96.22 US cents as of 4:33 p.m. in Sydney following yesterday’s trading of 95.67 cents, which was the weakest since early October. It has decreased by 2.2 percent against the US [...]
Researchers showed a preliminary study Monday that walking five miles a week helps slow the progression of cognitive impairment or Alzheimer’s disease. At the annual meeting of the Radiological Society of North America in Chicago on Monday, the preliminary research showed that an estimated 2.4 million to 5.1 million people in the United States have [...]
The National Retail Federation (NRF) said that a total of $45 billion was spent by shoppers over Thanksgiving weekend. In addition, several analysts claimed that they were also expecting more sales on Cyber Monday as shoppers go online for great deals today and traders are very positive that it will bring a strong holiday shopping [...]
Amid North Korea’s artillery attacks, Seoul residents remained a normal life, saying that there is no gain on making war. In the city of Seoul, life is carried normally in the midst of the tension between the two Korean countries. Downtown shopping districts were jammed with people despite freezing temperature, while cafes decked with Christmas [...]
Hong Kong’s Hang Seng Index fluctuated near an eight-week low Monday as banks fell on speculation that China will tighten monetary policy. At the midday-trading break, Hang Seng Index soared 0.1 percent to 22,890.35 after gaining and falling as much as 0.4 percent, which was near lowest level since early October this year. The Hang [...]
Majority of the presidential candidates in Haiti accused the President Rene Preval administration of massive fraud. The fraud allegation against Haitian administration sent foreign observers, humanitarian organizations and the U.S. officials, rushed to save the election process after some of the presidential candidates accused the administration of trying to steal the election to install the [...]
After the defense minister in South Korea stepped down due to criticism regarding North Korea Artillery firing, President Lee Myung Bak appointed a new defense minister. As the president foresee a potential rise of tension before the coming event of the US and South Korea joint Naval exercises Sunday, Lee appointed a former top military [...]
International Space Station (ISS) crews have landed safely in Kazakhstan at 11:46 pm eastern time Thursday after five and a half month being in a mission. Two American astronauts and a Russian cosmonaut made it safely back to Earth after a mission in the space. The Russian cosmonaut named Fyodor Yurchikhin, and the two American [...]
The US National Retail Federation (NRF) foresees increase on this year’s Black Friday sales, a 2.3 percent higher than in 2009 report. The agency expected that the total sales will earn a cumulative of $447 million. The event will put consumer’s spending and to garner a total of 70 percent on economic inputs, which they [...]
Ireland is set to become the second European countries to receive a bailout following Greece, but some are still reluctant that the rescue is not enough to end the crisis. In addition, it is anticipated that thousands of Irish people will gather round in Dublin on Saturday to protest in against the government’s verdict to [...]
