Friday, October 5, 2012

US jobs figures reassure markets about economy

US jobs figures reassure markets about economy

US jobs figures reassure markets about economy

Posted: 05 Oct 2012 09:17 AM PDT

Trader Gregory Rowe, center, works on the floor of the New York Stock Exchange Friday, Oct. 5, 2012. Stocks are rising in early trading on Wall Street after the government reported that the U.S. unemployment rate fell below 8 percent for the first time in almost four years. (AP Photo/Richard Drew)Better-than-expected U.S. jobs figures that included a surprise fall in the unemployment rate to its lowest level since January 2009 shored up markets Friday.

Americans in Pakistan to protest drone strikes

Posted: 05 Oct 2012 09:12 AM PDT

American citizens invite people to join anti-drone rally to Pakistani tribal area, in Islamabad, Pakistan, Friday, Oct. 5, 2012. A group of American anti-war activists are in Pakistan with plans to join a A group of American anti-war activists are in Pakistan to join a march into the country's tribal belt to protest U.S. drone strikes in the rugged northwest territory. Their presence has energized organizers behind the protest but also added to concerns that Islamist militants will target the weekend event.

China landslide kills 19, 18 of them students

Posted: 05 Oct 2012 06:43 AM PDT

In this photo taken Thursday Oct. 4, 2012, Chinese paramilitary police move mud as they dug for children buried by a landslide in Yiliang county in southwest China's Yunnan province. All 18 elementary school students buried in the landslide were confirmed dead Friday, while one other person remained missing a day after the hillside collapsed and smothered part of a village in mountainous southwestern China. (AP Photo) CHINA OUTAll 18 elementary school students buried in a landslide were confirmed dead Friday, while one other person also died after a hillside collapsed and smothered part of a village in mountainous southwestern China.

Americans in Pakistan to protest US drone strikes

Posted: 05 Oct 2012 06:20 AM PDT

A group of American activists is in Pakistan, planning to join a march into the country's tribal belt to protest U.S. drone strikes.

Oil slips after posting biggest gain in 2 months

Posted: 05 Oct 2012 05:29 AM PDT

Gas prices are seen over $4.00 a gallon, Thursday, Oct. 4, 2012 in Twin Mountain, N.H. The price of oil is higher after tensions rose between Syria and Turkey. Oil rose to $89.21 a barrel Thursday morning, a jump of $1.06, or 1.2 percent, in trading on the New York Mercantile Exchange. (AP Photo/Jim Cole)The price of oil retreated to around $91 a barrel on Friday after posting big gains, as traders turned their attention to the release later in the day of a monthly U.S. jobs report.

Markets await key US jobs figures

Posted: 05 Oct 2012 02:53 AM PDT

Stocks rose modestly Friday in the run-up to key U.S. jobs figures that will provide insight into the state of the world's largest economy in the middle of the U.S. presidential election.

World stocks higher ahead of US jobs report

Posted: 05 Oct 2012 01:56 AM PDT

Better-than-expected U.S. economic data helped boost stock markets Friday ahead of a monthly report on employment in the world's top economy.

Landslide hits Chinese school, killing 19 students

Posted: 05 Oct 2012 01:06 AM PDT

In this Thursday, Oct. 4, 2012 photo provided by China's Xinhua News Agency, rescuers search for victims where a landslide occurred in Yiliang County, southwest China's Yunnan Province. All 18 elementary school students buried in a landslide were confirmed dead Friday, while one other person remained missing a day after the hillside collapsed and smothered part of a village in mountainous southwestern China. (AP Photo/Xinhua, Yuan Zhengxiong) NO SALESAll 18 elementary school students buried in a landslide were confirmed dead Friday, while one other person also died after a hillside collapsed and smothered part of a village in mountainous southwestern China.

Asia stocks higher ahead of US jobs report

Posted: 04 Oct 2012 10:58 PM PDT

Encouraging retail sales and a better-than-expected jobs report from the U.S. helped boost Asian stock markets Friday ahead of a monthly report on employment in the world's top economy.

18 students die after landslide hits China school

Posted: 04 Oct 2012 09:00 PM PDT

All 18 elementary school students buried in a landslide were confirmed dead Friday, while one other person remained missing a day after the hillside collapsed and smothered part of a village in mountainous southwestern China.

Asia stocks higher after US data beats consensus

Posted: 04 Oct 2012 07:36 PM PDT

Protesting farmers use tractors to block the entrance of the Iraklio International Airport, Crete, Greece on Thursday, Oct. 4, 2012. The Cretan farmers, protesting pension cuts expected under new Greek austerity measures, attempted to block access to the airport, using tractors and other farm vehicles. Police used tear gas against the protesters who had gathered from across the island. (AP Photo/Bastian Parschau)Strong retail sales and a better-than-expected jobs report from the U.S. helped boost Asian stock markets Friday.

Oil posts biggest gain in 2 months, tops $91

Posted: 04 Oct 2012 02:29 PM PDT

Gas prices are seen over $4.00 a gallon, Thursday, Oct. 4, 2012 in Twin Mountain, N.H. The price of oil is higher after tensions rose between Syria and Turkey. Oil rose to $89.21 a barrel Thursday morning, a jump of $1.06, or 1.2 percent, in trading on the New York Mercantile Exchange. (AP Photo/Jim Cole)Tensions between Syria and Turkey gave oil prices their biggest jump in two months Thursday, while refinery outages boosted wholesale gasoline prices.
Posted by Harshad at 11:27 AM

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