IBT Staff Reporter

117541-117570 (out of 154945)

South Korea, India shares pare gains on Aussie rates

South Korean and Indian shares fell on Tuesday after Australia's interest rate hike showed that stronger Asian economies were starting to reverse emergency stimulus policies, hitting markets seen as likely to lift rates.

United States calls for rigorous IMF surveillance

U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.

Dollar skids on Gulf oil report, Asia shares up

The dollar skidded against the euro and the yen on Tuesday after a British newspaper reported that Arab states were in talks to end using the dollar for oil trading, but Asian shares rose as U.S. services sector data lifted investors' mood.

Geithner calls for rigorous IMF surveillance

U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.

Antidepressants May Be Linked to Birth Problems

Taking a popular type of antidepressant during pregnancy may increase the risk for preterm birth, the need for treatment in a neonatal intensive care unit and lower overall health for the baby, according to a new study.

Gulf in talks on replacing U.S.$ for oil: report

Britain's The Independent newspaper said on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in the trading of oil.

Disney, Universal name new studio chiefs

The Walt Disney Co and Universal studios unveiled changes at the top on Monday, as Hollywood's worst-performing major houses try to turn things around in a potentially record year at the box office.

Gulf in talks on replacing US$ for oil: report

Britain's The Independent newspaper on Tuesday reported that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in the trading of oil.

Google partners on device to monitor home energy

Google Inc is partnering with privately held Energy Inc to provide households with free energy management software, bypassing utilities' smart meters and potentially boosting energy efficiency, the company said on its blog on Monday.

Draft bill frees some from derivatives clearing

Firms ranging from airlines to agribusiness would be exempt from new rules on compulsory clearing of derivatives transactions under a bill in Congress aimed at tightening oversight of the financial system.

China Holiday Economy boomed

China's retail sales had reached 14 billion yuan (about 2 million Dollars) during the first three days of China National day Holiday, up 15 percent from the same period of last year, China Ministry of Commerce said yesterday.

Coalition losing the new media battle

Coalition armed forces are in danger of losing a battle to terrorist organisations because they are failing to counter the use of new media in conflicts, according to a researcher from The Australian National University.

Children's literature takes on taboos

Children's fiction is as important for young people as ever, but changes in society means the tone and subject content have shifted, a QUT researcher has found.

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