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Indian shares fall on weak Asia

Indian shares fall on weak Asia Indian shares fell more than 1 percent in early Friday deals on weak Asian markets, as investors digested a three-day rally and refrained from taking long positions ahead of the weekend. At 11:09 a.m. the 30-issue benchmark BSE index was 0.88 percent lower at 11,867.95 points, having traded in a 130-point band. It had rallied 3.6 percent, or 422 points, in the past three days. Sentiment was lacklustre in the broader market, with 644 stocks gaining compared with 1,415 that lost ground. Total volume stood at 57.9 million shares. More : in.today.reuters.com

Indonesian Shares End Lower On Weak Rupiah, Falls In Asia

Indonesian Shares End Lower On Weak Rupiah, Falls In Asia ndonesian shares ended lower Monday, hurt by a weaker rupiah and falls in most major Asian markets after stocks in the U.S. tumbled Friday, dealers said. They said overall sentiment was also hit by concerns over high oil prices and as many investors switched out of their equity funds to bid for the IDR3 trillion in government bonds scheduled to be issued Tuesday. "These factors are good reasons for investors to continue to lock in profits," said a trader with Paramitra Securities. The Jakarta Stock Exchange Composite Index ended down 22.761 points,

Second Zim Asia officer to face charges

Second Zim Asia officer to face charges The police's National Fraud Squad wrapped up its investigation Tuesday into a September collision between the Israeli Zim Asia cargo ship and a Japanese fishing boat in which seven Japanese fishermen were killed. Police recommended indicting the ship's second officer - Pilastro Zdrako - a Serbian national with negligent homicide and the violation of Port Authority regulations. In the case of the ship's captain, Moshe Ben David, police said they found deficiencies in his performance but refrained from issuing a recommendation on whether he should be indicted. Police passed his file to the prosecution,

Gold Trades Above $500 in Asia Amid Demand From Jewelers, Funds

Gold Trades Above $500 in Asia Amid Demand From Jewelers, Funds Dec. 23 (Bloomberg) -- Gold traded above $500 an ounce in Asia, after yesterday having its biggest daily gain in almost three weeks, amid buying from jewelry makers and as hedge funds sought alternatives to stocks and bonds. Gold for immediate delivery has gained 15 percent this year partly as funds and other large speculators boosted their holdings and purchases rose from jewelers, who account for 73 percent of global demand for the precious metal. ``There's a little bit of physical demand coming in now from the jewelers and they've

Arab Diplomats, W Asia experts condemn Israel’’s Apartheid Wall

Arab Diplomats, W Asia experts condemn Israel''s Apartheid Wall Arab diplomats in India and West Asia experts have condemned the 'Apartheid Wall' that Israel is constructing in the West Bank as a security measure, saying it would further isolate Palestinians. "We are under brutal Israeli occupation. We want the world to condemn Israel and its continuing violations of international treaties," Osama Musa, the Palestinian envoy, said at a panel discussion at the India Habitat Centre at Delhi Friday evening. The discussion, part of the campaign against the fence that Israel began constructing four years ago, was organised by the Arab Diplomatic