World Markets News

Chidambaram says U.S. Federal Reserves statement misunderstood calls for calm

Finance Minister P. Chidambaram on Thursday sought to calm stock markets in India after Federal Reserve Chairman Ben Bernanke suggested bond purchases could be scaled back if the U.S. economy improves. Addressing a news conference here, Chidambaram said fears that the Federal Reserve would start reversing its U.S. monetary stimulus programme were being misunderstood in stock market and investor ...
Japan stocks plunge more than 7 percent triggering falls across global markets

Global markets fall after weak Chinese manufacturing data and mixed messages from the Fed about when it will wind down its asset-buying ...
Stocks in Japan rebound

earthquake, tsunami and nuclear disaster shook Japan's economy. The sharp plunge this week spooked investors in China and Europe, leading to sizable stock market losses around the globe. In the United States, stocks clawed back from steep losses. Thursday's sell-off was triggered ...
U.S. stocks claw back from steep losses

U.S. stocks recovered from steep declines Thursday to end only modestly lower as investors discounted concerns about the Federal Reserve curtailing its bond buying ...
Aust bonds weaker in volatile trade

Westpac senior market strategist Damien McColough said there was a lot of volatility and uncertainty in markets at the moment. "The Australian bond market opened with a little bit of weakness but I don't think that will be extended during the day," he said. "I think we'll probably have narrower ranges today. "The Australian market is very much influenced by ...

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Last Updated on May 23, 9:00 PM EDT

Weather sourced from Weather Underground

Movie Review

Lady in the Water

Not since John Boormans ambitiously misguided and deranged 1977 sequel to The Exorcist has there been a film of more straight-faced metaphysical silliness than M. Night Shyamalans Lady in the Water. And rarely has a film so deserved an auteurist possessive credit b ... ...

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U.S. options clearer moves to end trade type dominated by Nasdaq

SAN FRANCISCO (Reuters) - The clearinghouse for all stock options said Thursday it will adopt a policy aimed at abolishing a dividend-linked trading strategy that critics say could destabilize markets if left ...
Fed Fears Shake Global Markets but Fade on Wall St.

Investors are contemplating a future without support from one of the biggest engines of the global economy in recent years: the Federal Reserve. Fears that the Fed is about to reduce its stimulus helped send stock, bond and currency prices on a wild ride on Wednesday and Thursday, with Japanese stocks experiencing their worst one-day decline since the 2011 tsunami and United States ...
Breaking the Bonds of Biological Parenthood

Defense of Marriage Must Be Merged With Defense of ParenthoodBy Denise Hunnell, MDWASHINGTON, D.C., May 08, 2013 (Zenit.org) - The push to redefine marriage to include relationships between same-sex couples is a movement to abolish the sociological connection between children and their biological parents. It is a movement to destroy the nuclear family. Lesbian journalist and homosexual activist ...
GLOBAL MARKETS-Asian stocks steadier Nikkei bounces back

Thu May 23, 2013 8:29pm EDT * Nikkei up 3 pct in early trade, following 7.3 pct fall * Asian stocks outside Japan steadier after drop * Yen softer, reversing Thursday's gains * MSCI ex-Japan edges up By Ian Chua SYDNEY, May 24 (Reuters) - Asian shares opened cautiously higher on Friday with Tokyo's Nikkei steadying from its biggest one-day drop in two years as investors breathed a sigh ...
UPDATE 3-Salesforce.coms quarterly results disappoint Wall Street

Thu May 23, 2013 7:31pm EDT By Noel Randewich May 23 (Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the company's fast revenue growth has made it a favorite with investors eager to own part of the growing trend among ...

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Reported in the press

Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

David Beckham

The world's best known footballer was speaking after formally announcing his retirement.

Hotel Review

Stamford Grand, Glenelg, Adelaide, Australia

The Stamford Grand is a landmark hotel built on Glenelg Beach, about 11 kilometres from the City of Adelaide. A ...

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Featured Story

Smallest known plant-eating dinosaur found in Canada

A team of paleontologists from the University of Toronto, Royal Ontario Museum, Cleveland Museum of Natural History and University of Calgary have identified a new dinosaur, the smallest plant-eating dinosaur species known from Canada.

Albertadromeus syntarsus was identified from a partial hind leg, and other skeletal elements, that indicate it was a speedy runner. Approximately 1.6 m (5 ft) long, it weighed about 16 kg (30 lbs), comparable to a large turkey.

Albertadromeus lived in what is now southern Alberta in the Late Cretaceous, about 77 million years ago.

Albertadromeus syntarsus means "Alberta runner with fused foot bones". Unlike its much larger ornithopod cousins, the duckbilled dinosaurs, its two fused lower leg bones would have made it a fast, agile two-legged runner. This animal is the smallest known plant-eating dinosaur in its ecosystem, and researchers hypothesize that it used its speed to avoid predation by the many species of meat-eating dinosaurs that lived at the same time.

Albertadromeus was discovered in 2009 by study co-author David Evans of the Royal Ontario Museum as part an on-going collaboration with Michael Ryan of the Cleveland Museum of Natural History to investigate the evolution of dinosaurs in the Late Cretaceous of North America. ...