LONDON (Reuters) - The yen rose against the dollar and the euro on Wednesday as investors reconsidered a G7 statement on exchange rates aimed at soothing concerns of a currency war but instead provoked a fresh bout of volatility. The G7 reaffirmed its commitment to market-determined exchange rates and said that fiscal and monetary policies must not be directed at devaluing currencies...
Feb
12
North Korea conducts third nuclear test, drawing new sanctions threat
Label: WorldSEOUL (Reuters) - North Korea conducted its third nuclear test on Tuesday in defiance of existing U.N. resolutions, angering the United States and Japan and prompting its only major ally, China, to call for calm. The North said the test had "greater explosive force" than the 2006 and 2009 tests that were widely seen as small-scale. Its KCNA news agency said it had used a "miniaturized"...
It's a Girl for John Cho
Label: Lifestyle Mom & Babies Celebrity Baby Blog 02/11/2013 at 06:30 PM ET Paul Drinkwater/NBCSurprise: Actor John Cho is a dad again!The Go On star and his wife welcomed a daughter recently, Cho’s rep confirms to PEOPLE exclusively.Baby girl is the second child for the couple, who are also parents to a son. No...
Pope shows lifetime jobs aren't always for life
Label: HealthThe world seems surprised that an 85-year-old globe-trotting pope who just started tweeting wants to resign, but should it be? Maybe what should be surprising is that more leaders his age do not, considering the toll aging takes on bodies and minds amid a culture of constant communication and change.There may be more behind the story of why Pope Benedict XVI decided to leave a job normally held for...
Yen near lows vs dollar, Asian shares ease in subdued trade
Label: BusinessTOKYO (Reuters) - The yen hovered near its lows against the dollar and Tokyo stocks jumped closer to a 33-month high on Tuesday after markets took comments from a U.S. official as approval for Japan to pursue anti-deflation policies that weaken the yen. U.S. Treasury Undersecretary Lael Brainard said on Monday the United States supports Japanese efforts to end deflation, but she noted...
Feb
11
Back to the future as G20 comes to Russia
Label: WorldMOSCOW (Reuters) - Group of 20 policymakers have an ideal chance in Moscow this week to ponder whether monetary policy largesse will blunt their will to carry out the economic reforms needed to put global growth on a sustainable footing. On their drive from the airport to the city center, down highways clogged with luxury cars, it may dawn on finance ministers and central bankers that...
How'd They Make Carrie Underwood's Glowing Gown?
Label: Lifestyle Stylewatch Style News Now 02/11/2013 at 12:25 AM ET Kevork Djansezian/Getty; John Shearer/Invision/AP (2) We can’t say we were surprised to see that Carrie Underwood had ditched her form-fitting Roberto Cavalli number for a princess-y...
Square scandal highlights growing pains at tech start-ups
Label: BusinessSAN FRANCISCO (Reuters) - When Square Chief Operating Officer Keith Rabois left his job last month, citing legal threats from a young colleague with whom he had a two-year relationship, he threw a spotlight on the risks associated with the freewheeling startup culture that many entrepreneurs cherish. Startups often thrive on a lack of rules and boundaries. But experts say that as they...
Feb
10
Israel's Lieberman says Palestinian peace accord impossible
Label: WorldJERUSALEM (Reuters) - Israel has no chance of signing a permanent peace accord with the Palestinians and should instead seek a long-term interim deal, the most powerful political partner of Prime Minister Benjamin Netanyahu said on Saturday. The remarks by Avigdor Lieberman, an ultranationalist whose joint party list with Netanyahu narrowly won a January 22 election while centrist challengers...
Tiger Woods & Lindsey Vonn Are 'Spending More Time' Together: Source
Label: Lifestyle Buzz By Steve Helling 02/09/2013 at 06:00 PM EST Tiger Woods and Lindsey Vonn Mick Tsikas/Reuters/Landov; Luis Guerra/Ramey It was quite the gesture. After Lindsey Vonn suffered a devastating injury during the Alpine World Championships in Austria, she got a bit...
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