Rate cut urged to steady market
- From: The Australian
- June 05, 2012
Gold flow to China via Hong Kong up 62% in April
By DAVID JOLLY and JAMES KANTER
Germany has opposed the idea, cautiously endorsed by French and European officials, of pumping money directly from a bailout fund into troubled banks.
By DAVID D. KIRKPATRICK
Hoping to push Egypt's military rulers to disqualify Ahmed Shafik from the presidential runoff vote, his electoral rivals are planning further demonstrations.
By TIM ARANGO and YASIR GHAZI
A sectarian controversy over control of a holy religious shrine where a 2006 bombing set off waves of sectarian killings turned violent again on Monday.
By ADAM NOSSITER
A Nigerian airliner that crashed in Lagos, killing all 153 on board, reported engine trouble just before it went down.
A suicide bomber set off a car full of explosives at a church in northern Nigeria on Sunday, killing at least 12 people in the latest attack on Christian worshipers, witnesses said.
By DECLAN WALSH and ERIC SCHMITT
Abu Yahya al-Libi, the Al Qaeda commander who escaped American custody in 2005, was either killed or seriously wounded after a drone strike in Pakistan's tribal belt, according to tribal sources.
Chip Maker iWatt Files to Go Public In the wake of Facebook's disappointing debut, the pipeline for initial public offerings has all but dried up. But the flow increased by one on Monday with an offering prospectus from iWatt, which makes power management chips for Apple and Philips, among other electronics manufacturers.
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