Jan
04

Could gang-rape protests mark beginning of an age of activism for India?

The large-scale protests triggered by the gang rape of a 23-year-old student in New Delhi has renewed debate over the rise of a new urban middle-class activism in India. The strength and longevity of those protests, sustained as they were over several weeks and undeterred by police water cannons and teargas, took many by surprise. Student activism has generally been on the...
Read More..
Jan
03

Fed split on stimulus plans nudges stocks lower

NEW YORK (AP) — Stocks are fading into the close of trading on Wall Street after the Federal Reserve revealed a split among its policymakers over how long to continue an economic stimulus program.The market started on a weak note Thursday following mixed holiday sales reports from retailers and the prospect of another fiscal fight looming in Congress over the nation's borrowing limit.The Dow Jones...
Read More..

Fed becoming worried about stimulus side effects

Federal Reserve officials are increasingly concerned about the potential risks of the U.S. central bank's asset purchases on financial markets, even if they look set to continue an open-ended stimulus program for now.In a surprise to Wall Street, minutes from the Fed's December policy meeting, published on Thursday, showed a growing reticence about further increases in the central bank's $2.9 trillion...
Read More..

Stocks fade after Fed discloses split on stimulus

A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between bank officials over how long the Fed should keep buying bonds to support the economy.The Dow Jones industrial average and the Standard & Poor's 500 index treaded water for much of the day, then slid into the red around 2 p.m. Eastern, after the Fed...
Read More..

How the Dow Jones industrial average fared

A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between bank officials over how long the Fed should keep buying bonds to support the economy.The Dow Jones industrial average lost 21.19, or 0.2 percent, to 13,391.36.The Standard & Poor's 500 index lost 3.05, or 0.2 percent, to 1,459.37.The Nasdaq composite...
Read More..

Data-feed glitch leaves some traders in dark on Nasdaq prices

NEW YORK (Reuters) - A technical glitch caused an outage of around 15 minutes on real-time prices for Nasdaq listed stocks, including Apple Inc and Google Inc , for many investors on Thursday, traders and multiple industry sources said.Nasdaq said at 1:42 p.m. in an alert to traders that it was investigating an issue involving the Universal Trading Platform's (UTP) centralized securities information...
Read More..
Jan
02

On cusp of new year, Chavez's health keeps Venezuleans fixated on future

Dec. 31 is typically a time to recap the biggest events of the year. But in Venezuela this year, news that President Hugo Chavez has suffered “new complications” after surgery on Dec. 11 has kept Venezuelans anxiously fixated on what’s to come in 2013.In downtown Caracas, an annual free concert in Plaza Bolivar to welcome the New Year has been canceled, government officials said. They instead called...
Read More..