InfoAnda - World markets tumble, oil spikes on Libya unrest

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Japan Inc shrinks at record pace, says govt | 4 June 2009
Pop collaborations take French DJ beyond clubs | 20 July 2009
First Chinese airline goes bankrupt: state media | 28 August 2009

TV industry show hails smartphone, Facebook era | 3 October 2010

Forum Views () Forum Replies ()

Read more with google mobile : World markets tumble, oil spikes on Libya unrest

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search ADVERTISEMENT Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Top Stories Most Popular Photos Full Coverage Sitemap World markets tumble, oil spikes on Libya unrest AFP - Wednesday, February 23 Send IM Story Print World markets tumble, oil spikes on Libya unrest LONDON (AFP) - – Global markets dived Tuesday as sentiment was rocked by violent unrest in Libya and soaring oil prices, while the safe-haven US dollar gained ground against rival currencies. "The revolutions in Tunisia and Egypt are continuing to spread across the region. It seems to be Libya's turn now. These developments cause a high degree of uncertainty," said Commerzbank analyst Ulrich Leuchtmann. Financial markets were also rattled by news of a deadly earthquake in New Zealand and a ratings downgrade for Japan, dealers said. London's FTSE 100 index of top shares tumbled 1.19 percent to 5,943.21 points in late morning deals, the Paris CAC 40 plunged 1.62 percent to 4,031.28 and Frankfurt's DAX 30 retreated 0.47 percent to 7,286.98 points. Oil prices surged past $108 as Libyan output was hit by violent protests and concerns grew over spreading unrest in the strategic crude-producing Middle East and North Africa area. Facts: Libya, Africa's fourth largest oil producer Brent North Sea crude for delivery in April spiked to $108.57 per barrel, hitting the highest level since September 4, 2008. And in foreign exchange trade, the European single currency sank to $1.3559, compared with $1.3678 late on Monday, when US financial markets were closed for the Presidents' Day public holiday. "A trio of events have battered risky assets during the European session," said research director Kathleen Brooks at trading website Forex.com. "Firstly, the ongoing people's uprising in Libya and the escalation of violence and casualties is weighing on the oil price; secondly the New Zealand earthquake; and lastly news that Moody's had revised lower its outlook on Japanese sovereign debt to negative from stable." Libya denounced charges it was massacring protesters as lies Tuesday as Moamer Kadhafi broke cover over the challenge to his four-decade rule after a raft of diplomatic and military defections. With the Middle East turmoil pushing oil prices ever higher, rulers of the Gulf state of Bahrain were confronted by fresh mass protests and governments made plans to evacuate citizens from hotspots across the Arab world. Both the UN Security Council and Arab League were to meet to discuss the bloody crackdown by Libyan authorities that prompted the UN's rights chief to warn that crimes against humanity may have been committed. "The ongoing tensions in the Middle East and North Africa region, in particular in Libya, are pushing the oil price higher and weighing on equity market sentiment," said VTB Capital economist Neil MacKinnon. Asian stocks also nosedived on Tuesday, with Tokyo down 1.78 percent and Hong Kong losing 2.11 percent, as the political crisis in Libya worsened, with reports of escalating violence against pro-democracy demonstrators. Tokyo was also hit after ratings agency Moody's said it had lowered its outlook on Japan's sovereign debt to "negative" due to concerns the state would not be able to bring it under control. The agency said the government's policies may not be strong enough to contain the industrialised world's biggest debt. Moody's previously held a "stable" outlook on the nation's "Aa2" rating, the third highest on a scale of 19, and analysts said the outlook change would likely lead to a downgrade. It follows rival agency Standard & Poor's decision to cut Japan's rating for the first time since 2002. Wellington's stock market meanwhile suffered a sell-off, falling 0.69 percent after a powerful earthquake killed at least 65 people in New Zealand's second city, Christchurch. The 6.3-magnitude quake buckled roads and rained glass and rubble on streets packed with lunchtime shoppers. Recommend Send IM Story Print News Search Top Stories Libya live report World markets tumble, oil spikes on Libya unrest Moody's lowers Japan rating outlook to 'negative' Social media, cellphone video fuel Arab protests German minister in doctorate plagiarism scandal More Top Stories » ADVERTISEMENT Most Popular Most Viewed Oral sex linked to cancer risk Planet could be 'unrecognizable' by 2050, experts say Machu Picchu victim of own success: UN Social media, cellphone video fuel Arab protests Ink-jet printers inspire scientists to make skin More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Tuesday, 22 February 2011
American held in Pakistan is CIA contractor: U.S. sources |
Ivorian troops kill protesters, AU team arrives |
Tunisia government seeks to dissolve Ben Ali party |
Venezuela denies Libya's Gaddafi en route |
Supreme Court to redefine when cocaine chemicals are illegal
Engine parts from Delta plane fall from the sky
Ohio manhunt, search for elderly couple leads to landfill
NBC's "The Voice" features new interactive audition experience
Service planned for ICE agent killed in Mexico
Mom returns to work after uproar over suspension for answering soldier son's call
"Nate Berkus Show" giving away original set décor to viewers
Long Island raid ends with 33 charged for cockfighting
Wildfires burn in three Mid-Atlantic states
Study: Infants capable of growing up bilingual, unilingual
Palaces, posh accents boost King's Speech shot at Oscars |
Cirque du Soleil puts record $57 million in Russian show |
Cuban asks Obama, Google chief for free Internet
Italy stops new boatloads of migrants
Moody's lowers Japan rating outlook to 'negative'
Are plant hydraulics a path to adaptive dream machines?
Social media, cellphone video fuel Arab protests
BMW launches new electric/hybrid brand
Gaddafi defiant in face of mounting revolt |
German minister in doctorate plagiarism scandal
Russia's top portal to list on NASDAQ: report
Machu Picchu victim of own success: UN
New Zealand quake kills at least 65 |
50 million 'environmental refugees' by 2020, experts say
China official warns of domestic unrest and hostile West |
Israel mulls security impact of Google Street View
Seaweed defense offers clues against malaria
Egypt asks for freeze on Mubarak assets |
Oil soars past $105 on Libya violence
Bus accident kills 13 teachers in Thailand's north
Special report: Is Wen's new socialist countryside working? |
Libya shockwaves hit Italian businesses
German business confidence 'hits record high'
Moroccan king holds firm after call for less power |
BP prepares to evacuate some staff from Libya
Bahrain F1 cancelled; opposition leader to return |
Indonesians scramble to keep Hollywood films
HP results seen solid as Apotheker's vision awaited |
Chinese workers appeal to Apple over health worries |
Taiwan, China open historic trade meeting
Alibaba's shares slump on management shake up |
US retailer Best Buy closes China stores
India's PM concedes to new probe into telecom scam
Transporters, builders send Seoul shares lower
S.Korea January crude imports up 11 pct yr/yr -KNOC
Pakistan c.bank to sell T-bills in 2-day repo
New Zealand quake kills at least 65, hundreds may be trapped
South Korea c.bank buys back 600 bln won T-bonds
Fitch says NZ quake unlikely to hit sovereign ratings
Vietnam to hike power rates
New version of Justin Bieber film to hit theaters |
Libya live report
Iranian warships transit Suez for Mediterranean
World markets tumble, oil spikes on Libya unrest
US-TECH Summary
Son of Iran opposition leader Karoubi arrested
Apple falls on iPad launch delay speculation
Libya live report
Milan airport terminal evacuated after shooting
Alibaba's shares fall 9 percent, company faces revamp
Iran forces 'raid Karroubi homes, arrest son'
French site Ejustice.fr charges Google with fresh abuse
Jordan's politicians demand limit to king's powers
Egypt's military to move on cabinet, march expected
U.K. distributor releases "Anuvahood" cellphone app
Iran naval ships enter Suez Canal, set to anger Israel
Afghan militants ramp up suicide strikes: experts
Website a window into John F. Kennedy's Oval Office
Pakistan says American's CIA link has no bearing on murder trial |
EU foreign affairs chief pushes for Egypt vote
At least 36 dead in Mali stadium stampede |
Egypt activists ask millions to march on Tuesday
Son of Iran opposition leader Karoubi arrested: website |
Quake kills 65 in New Zealand's 'darkest day'
Arab unrest inspires Russian insurgents: Kremlin |
Threats force ECOWAS out of Ivorian mediation trip |
Japan ruling party suspends 'Shadow Shogun'
Thailand, Cambodia agree to Indonesian observers at
Indian court convicts 31 over deadly train fire
New Zealand quake kills at least 65
China bans use of unlicensed software in govt offices
Indonesian Ahmadiyah followers urged to return to 'true Islam'
Orser coming to Korea for first time since split
China's state firms face higher payments to govt
Ssangyong launches first new vehicle in three years
Apple falls on iPad launch delay speculation |
US-ENTERTAINMENT Summary
Pakistani stocks end at an over 2-month low
Paul Smith shows off boyish charms in London
Amazon takes aim at Netflix, roll out streaming video service |
YouTube sees Korean mobile traffic surge
Knox TV movie takes on Italy roommate slaying
Oil soars, Asia stocks tumble on Libya violence
Asian feet made for more than just walking
Taylor Lautner lands starring role in Michael Bay action project
Website a window into John F. Kennedy's Oval Office |
No 'Time to Pretend' as MGMT gear up for Asia tour
Idaho teachers protest proposed overhaul
French site Ejustice.fr charges Google with fresh abuse |
Rodrigo y Gabriela join Hans Zimmer to score new "Pirates" film
Moody's lowers Japan rating outlook to 'negative'
Mexico officials seek to stop violent videogame
"Glee" teams up with Britney Spears hitmaker Max Martin for original songs
Polls say Emanuel in lead as voting begins for Chicago mayor
Transporters, builders send Seoul shares lower
Budget HK action-comedy is critical hit
St. Petersburg, FL officer fatally shot
NASA Set To Launch Satellite Glory to study airborne aerosols
Cuban asks Obama, Google boss for free Internet
Lonely Planet celebrates Black History Month with free Martin Luther King, Jr. itinerary guide
New version of Justin Bieber film to hit theaters
Jennifer Lopez to premiere new music video exclusively on VEVO
Major India festival set for Washington
Wendy Williams scores first post-surgery sit-down interview with Aretha Franklin
Palaces, posh accents boost King's Speech shot at Oscars |
Music exec slams Grammys in full-page NY Times ad |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01