Tuesday, August 4, 2015| Latest E-book
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8 mins ago

In North Korean grassroots capitalism, ticks and grasshoppers skip | Reuters

SEOUL From the dark alleys of Pyongyang, the showpiece North Korean capital, tiny specks of torchlight shine carefully into the eyes of passersby, leading to bustling and illegal street markets where traders, usually women, call out "buy, buy!" The "maeddugi shijang", or "grasshopper markets," get their name from the lightning-quick way traders must pack up and hop from place to place to evade authorities in a country making a grudging embrace of free enterprise. As markets have taken hold in North Korea, the government has sporadically legalised and formalised them, while at the same time imposing new crackdowns, taxes, and bribes, forcing smaller traders back on to the streets where they set up "grasshopper markets" selling goods for cash. #function-shr #table #var-paragraph #var-web #WebTrends

10 mins ago

Gold down on dollar after biggest monthly loss in two years | Reuters

LONDON Gold edged lower on Monday, after falling by the most in two years in July, as the dollar steadied ahead of U.S. economic indicators that could bolster expectations for a hike in U.S. interest rates soon #Argentina #Business #Gold #Latin America #Technology #United Kingdom

23 mins ago

Libya investigates video of guards beating jailed Gaddafi son | Reuters

TRIPOLI Libya's state prosecutor is seeking to identify guards shown in a video apparently beating a son of Muammar Gaddafi held in a Tripoli prison, his office said on Monday. The video was posted a week after a Tripoli court sentenced another of Gaddafi's sons, Saif al-Islam, and eight former regime officials to death over crimes during the 2011 uprising that toppled his father, who was later captured and killed by rebels. The video appears to show guards goading and beating Saadi Gaddafi, 42, who was extradited to Libya by Niger last year. #Business #Entertainment #opinion #Technology #United States

25 mins ago

Sensex gains for a fourth consecutive session | Reuters

MUMBAI The BSE Sensex and Nifty rose on Monday to mark their fourth consecutive session of gains, as lenders advanced on hopes of stable asset quality after ICICI Bank Ltd's ( ICBK.NS ) positive outlook and a decrease in bad loans at some of the state-run banks. The Sensex ended up 0.26 percent, while the Nifty rose 0.12 percent. (Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee) #Business #Latin America #Mexico #opinion #science #United Kingdom

38 mins ago

China wants no talk of South China Sea at ASEAN meeting | Reuters

KUALA LUMPUR Chinese Vice Foreign Minister Liu Zhenmin said on Monday the disputed South China Sea should not be discussed at a meeting of the Association of Southeast Asian Nations (ASEAN). Liu, speaking to Reuters on the sidelines of the 48th ASEAN Foreign Ministers Meeting, which kicks off in Kuala Lumpur on Tuesday, said the meetings should avoid all talk on the sensitive issue, adding that countries outside ASEAN should not interfere. "It should not be discussed," said Liu. #Business #Floods #Latin America #markets #Middle East #United Kingdom

40 mins ago

Weak oil prices, China worries drag Wall Street lower | Reuters

Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world's second-biggest economy. Energy stocks were the biggest losers among the main S&P sectors #Europe #India #Investment #markets #United States

55 mins ago

Greek stocks bashed on return, China woes go on for commodities | Reuters

LONDON The Greek stock market slumped when it reopened on Monday after being shut down for five weeks, while weak data from China helped push oil prices to their lowest in six months and Asian stocks close to their 2015 lows. Surveys showed China's factory activity contracted by the most in two years, ensuring a three-month sell-off in commodity and emerging markets would continue. Brent oil fell to $51 a barrel, its lowest since the end of January #Australia #France #Hong Kong #Italy #markets #Taiwan #United States

Aug 4, 2015

Italy arrests 11 in search for Sicilian mafia boss of bosses | Reuters

ROME Police in Sicily arrested 11 suspected mobsters they believe were helping Sicilian mafia boss Matteo Messina Denaro evade capture and spread his orders to the rest of the criminal organisation. The suspects used coded language and hand-written notes to communicate with the highest-ranking Sicilian mob boss currently at large, police said in a statement. Messina Denaro has been sought since 1993 for planting bombs that killed 10 people in Florence and Milan. #Argentina #Europe #India #Italy #markets #United States

Aug 4, 2015

Oil dives 5 percent to six-month low under $50 on China worry | Reuters

NEW YORK Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout. Growing concerns over excess global oil supplies, heavy selling in pumped-up gasoline futures and technically driven momentum trading knocked prices to within a few dollars of the six-year lows touched at the start of this year. U.S. #function-check #table #var-local #var-symbol #webtrends-multi