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Myanmar court rejects Suu Kyi appeal

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Myanmar's Supreme Court on Friday rejected an appeal by pro-democracy leader Aung San Suu Kyi against her house arrest, a ruling diplomats said would cast further doubt on the legitimacy of this year's election.
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Lloyds posts $9.7 billion 2009 loss, bad debts soar

Lloyds Banking Group , Britain's largest retail bank, posted a 6.3 billion pounds ($9.66 billion) loss in 2009, as the part-nationalised British bank lost 24 billion pounds on loans that soured, mostly from old HBOS assets.
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Stocks shrug off weak U.S. data, euro edges up

Asian stocks rose on Friday as investors tried to shake off weak economic data in the United States and Europe, but lingering caution about riskier assets supported the safe-haven yen.
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Stocks, commodities tepid as risk shunned

The euro languished near one-year lows against the yen on Friday, while commodities and Asian stocks struggled in tepid trade as worries about Greece and the health of the world economy took hold.
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Biologist: Sea World Killer whale was probably 'bored'

A killer whale viciously attacked and killed a trainer at SeaWorld park in Florida on Wednesday, but a marine biologist says the whale probably did it because it was bored as killer whales don't normally kill humans in the wild.
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SeaWorld committed to using whale after third killing

A killer whale viciously attacked and killed a trainer at Sea World park in Orlando, Florida, making it the third time this whale has killed a human in the past decade, yet Sea World has no plans in removing the whale from their show.
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RBS loss shrinks, calls bad debt peak

Royal Bank of Scotland posted the largest 2009 loss of its European peers but shrank from record-breaking levels, despite a sharp jump in bad debts which it says may now have peaked.
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Daily Forecast - 25/2/2010

The Australian Dollar opens marginally higher today at 0.8920. It was a quiet domestic session yesterday with only a 50 point range between 0.8880 and 0.8930.
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Swiss suggest fix to UBS tax headache in U.S.

Switzerland will ask parliament to turn a deal with Washington that got bank UBS off the hook in a tax evasion case into binding law, plugging a legal hole that is stopping Berne from honoring the agreement.
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Asia shares fall on U.S. jitters, Bernanke eyed

Asia shares fell on Wednesday as surprise declines in U.S. consumer confidence and German business sentiment fueled fears about the strength of the global economic recovery and boosted the safe-haven yen.
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GPS hacking puts vital services at risk

Critical infrastructure and other technology dependent on global positioning satellites are increasingly threatened by attack from widely available equipment, technology experts are warning.
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Google notified of EC complaints

The European Commission is considering complaints from three online companies regarding Google Inc's practices including its search rankings, the company said on Tuesday.

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