Egypt army kills 16 militants in Sinai campaign

October 8, 2014 6:48 am· Comments Off on Egypt army kills 16 militants in Sinai campaign 

CAIRO, Oct. 8 — Egypt's army on Tuesday killed 16 suspected militants in clashes and arrested four others suspected of being extremist leaders and members of the Sinai-based Ansar Bayt al-Maqdis group, security sources told Xinhua.

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(Feature) Need to make parents of street kids aware of their responsibilities to their children cited

October 8, 2014 6:48 am· Comments Off on (Feature) Need to make parents of street kids aware of their responsibilities to their children cited 

By Leilani S. Junio

MANILA, Oct. 5 (PNA) — Parents of street kids should be provided with enough education on their responsibilities to their children and on family values, according to the Council for the Welfare of the Children (CWC), an attached agency of the Department of Social Welfare and Development.

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Economy declines 0.8% in Croatia: IMF forecast

October 8, 2014 6:48 am· Comments Off on Economy declines 0.8% in Croatia: IMF forecast 

ZAGREB, Oct. 8 — The Croatian economy will see a 0.8 percent decrease this year, the International Monetary Fund's autumn economic outlook said on Tuesday.

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U.S. stocks extend losses with sinking European shares

October 8, 2014 6:48 am· Comments Off on U.S. stocks extend losses with sinking European shares 

NEW YORK, Oct. 8 — U.S. stocks tumbled Tuesday, extending losses into a second session, as European stocks saw a sharp decline amid growth woes.

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U.S. dollar falls against yen amid Bank of Japan stimulus plan

October 8, 2014 6:48 am· Comments Off on U.S. dollar falls against yen amid Bank of Japan stimulus plan 

NEW YORK, Oct. 8 — The U.S. dollar fell against most major currencies Tuesday and retreated the second day against the Japanese yen after the Bank of Japan (BOJ) pledged to keep its asset-purchase stimulus program unchanged.

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IMF slashes Portugal's growth forecast

October 8, 2014 6:48 am· Comments Off on IMF slashes Portugal's growth forecast 

LISBON, Oct. 8 — The International Monetary Fund (IMF) lowered Portugal's growth forecast on Tuesday, estimating the country will grow 1 percent during 2014, according to local media reports.

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S. Africa's business confidence index remains low

October 8, 2014 6:48 am· Comments Off on S. Africa's business confidence index remains low 

JOHANNESBURG, Oct. 8 — South Africa's business confidence index (BCI) remained low despite a marginal increase in September, the South African Chamber of Commerce and Industry (SACCI) said in a report released here.

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Kenya, Finland set to sign double taxation pact

October 8, 2014 6:48 am· Comments Off on Kenya, Finland set to sign double taxation pact 

NAIROBI, Oct. 8 — Kenya and Finland are set to sign a double taxation agreement in order to promote trade and investment relations, a Finnish envoy has said.

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Spanish stock market falls 2.02%

October 8, 2014 6:48 am· Comments Off on Spanish stock market falls 2.02% 

MADRID, Oct. 8 — Spain's benchmark stock market index Ibex-35 fell 2.02 percent on Tuesday to close at 10,430.70 points.

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Lithuania GDP to grow at 2.9% in 2014

October 8, 2014 6:48 am· Comments Off on Lithuania GDP to grow at 2.9% in 2014 

VILNIUS, Oct. 8 — Lithuania's gross domestic product (GDP) is expected to grow by 2.9 percent this year, the mission of the International Monetary Fund (IMF) concluded on Tuesday.

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