Today's Top Stories

Monday, September 8, 2008 Subscribe   Print   Email   Bookmark

China and Japan hail U.S. mortgage rescue as doubts linger

TOKYO/BASEL, Sep. 8, 2008 (Reuters) — China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors had no illusions the bailout would end the global credit market misery. ...  > full story
  • more on:
; ; ; ;

India to sell nuclear deal to world, soothe critics

NEW DELHI, Sep. 8, 2008 (Reuters) — India will take its civilian nuclear deal with the United States to the world looking to secure fuel supplies and reactor technology, analysts said, while seeking to soothe critics with a strong non-proliferation pitch. ...  > full story
  • more on:
; ; ; ;

Georgia and Russia in Hague court over conflict

THE HAGUE, Sep. 8, 2008 (Reuters) — Georgian accusations that Russia committed human rights violations against ethnic Georgians in the breakaway provinces of South Ossetia and Abkhazia went before an international court on Monday. ...  > full story
  • more on:
; ; ; ;

Serena bounces away with U.S. Open crown

NEW YORK, Sep. 8, 2008 (Reuters) — The drama queen came face-to-face with the comeback queen at Flushing Meadows on Sunday. Jelena Jankovic provided the on-court theatrics and Serena Williams bounced away with the U.S. Open trophy. ...  > full story
  • more on:
; ;

Russia aims to corner energy markets: U.S. official

ROME, Sep. 8, 2008 (Reuters) — Russia aims to corner energy markets, a senior U.S. official said on Monday as Vice-President Dick Cheney arrived in Italy during a tour that has taken in eastern European states which are important transit routes. ...  > full story
  • more on:
;

Killer Ike pounds Cuba on way to Mexico Gulf

HAVANA, Sep. 8, 2008 (Reuters) — Hurricane Ike pounded northeastern Cuba with 120 mile per hour (195 kph) winds, torrential rains and massive waves that rolled through coastal towns on Monday on a path toward the Gulf of Mexico oil fields and possibly New Orleans. ...  > full story
  • more on:
; ; ; ;

U.S. drones hit Taliban commander's Pakistan house

MIRANSHAH, Pakistan, Sep. 8, 2008 (Reuters) — Missiles fired by U.S. drones killed at least six people on Monday in a Pakistani village near the Afghan border where a religious school founded by an old friend of Osama bin Laden is located, witnesses said. ...  > full story
  • more on:
; ; ; ;

Boeing strike threatens global aero industry

EVERETT, Washington/NEW YORK, Sep. 8, 2008 (Reuters) — Boeing Co's 27,000 machinists prepared for a third day of strike action, halting production at the plane maker's Seattle-area plants in protest at Boeing's contract offer and what they see as plans to shift more jobs to non-union and foreign companies. ...  > full story
  • more on:
; ; ;

U.S. to look again at civilian deaths in Afghan raid

KABUL, Sep. 8, 2008 (Reuters) — The U.S. military said it planned to reopen an investigation into civilian deaths in a coalition air strike in western Afghanistan last month after new evidence ...  > full story
  • more on:
; ; ; ;

Angola ruling party set for big win in disputed poll

LUANDA, Sep. 7, 2008 (Reuters) — The leader of Angola's largest opposition party said on Sunday he was contesting the results of the country's parliamentary election, which showed the ruling party headed for a landslide victory. ...  > full story
  • more on:
; ; ; ;

More Headlines

Updated 8 minutes ago  |  Next update in 7 minutes

World News

Mbeki to meet Zimbabwe parties in Harare

HARARE, Sep. 8, 2008 (Reuters) — South African President Thabo Mbeki will meet Zimbabwe's rival parties in Harare on Monday amid growing doubts over his chances of securing a power-sharing deal to end the political crisis. ...  > full story

India to sell nuclear deal to world, soothe critics

NEW DELHI, Sep. 8, 2008 (Reuters) — India will take its civilian nuclear deal with the United States to the world looking to secure fuel supplies and reactor technology, analysts said, while seeking to soothe critics with a strong non-proliferation pitch. ...  > full story

Japan PM contenders clash over spending and taxes

TOKYO, Sep. 8, 2008 (Reuters) — The frontrunner to become Japan's next leader will pledge tax cuts and bigger government spending to boost the economy, a newspaper said on Monday, a contrast with rivals worried about the country's huge debt. ...  > full story

Landslide in Philippine mining town kills 14

MANILA, Sep. 8, 2008 (Reuters) — Rescuers pulled four more bodies from under tonnes of mud on Monday, bringing to 14 the death toll from a weekend landslide in the southern Philippines that buried a mining village, officials said. ...  > full story

Politics

ABC News gets first Palin interview

NEW YORK, Sep. 8, 2008 (Hollywood Reporter) — ABC News' Charles Gibson has snagged the first interview with Alaska Gov. Sarah Palin since she was named the GOP's vice presidential pick on August 29. ...  > full story

McCain takes 4-point lead over Obama in poll

ALBUQUERQUE, New Mexico, Sep. 7, 2008 (Reuters) — Republican John McCain heads into the final stretch of the U.S. presidential campaign with a 4-point lead over Democrat Barack Obama, a USA Today/Gallup poll released on Sunday showed. ...  > full story

Gaddafi offers Rice kitchen diplomacy and locket

RABAT, Sep. 7, 2008 (Reuters) — The heart of many homes is the kitchen and that is where Libyan leader Muammar Gaddafi hosted Condoleezza Rice for a Ramadan meal this week, a symbolic gesture to try to end decades of enmity. ...  > full story

Palin to meet media in a "few days" says McCain

WASHINGTON, Sep. 7, 2008 (Reuters) — Alaska Gov. Sarah Palin, who has not faced the U.S. media since her surprise pick to run for vice president 10 days ago, will begin giving interviews in a "few days," Republican presidential nominee John McCain said in remarks aired on Sunday. ...  > full story

Business

China and Japan hail U.S. mortgage rescue as doubts linger

TOKYO/BASEL, Sep. 8, 2008 (Reuters) — China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors had no illusions the bailout would end the global credit market misery. ...  > full story

Futures signal Wall Street jump on Fannie, Freddie plan

, Sep. 8, 2008 (REUTERS) — Stock index futures pointed to a jump on Wall Street on Monday after the government seized control of major mortgage firms Fannie Mae and Freddie Mac . ...  > full story

Altria to buy UST for $10.3 billion: report

, Sep. 8, 2008 (Reuters) — Cigarette maker Altria Group Inc has agreed to buy Skoal and Copenhagen smokeless tobacco maker UST Inc for about $10.3 billion in cash, the Wall Street Journal said, citing people familiar with the matter. ...  > full story

Origin eyes $8 billion joint venture with Conoco to fend off BG

PERTH/LONDON, Sep. 8, 2008 (Reuters) — Origin Energy Ltd , fending off an $11 billion hostile bid from Britain's BG Group Plc , is to spin off its coalbed methane assets into a joint venture with U.S. oil major ConocoPhillips . ...  > full story

Science

China counts down to third manned space launch

BEIJING, Sep. 6, 2008 (Reuters) — China, still patting itself on the back after a hugely successful Olympics, will launch a three-man space flight this month, with all systems already in final preparation, state media said on Sunday. ...  > full story

European space probe completes asteroid fly by

BERLIN, Sep. 6, 2008 (Reuters) — The European Space Agency obtained on Saturday the first images of an asteroid 360 million km (224 million miles) from earth, part of a space mission which scientists hope will help them understand the origins of the planets. ...  > full story

Storms delay space shuttle launch to Hubble

CAPE CANAVERAL, Florida, Sep. 5, 2008 (Reuters) — Space shuttle Atlantis' launch on a final mission to service the Hubble Space Telescope has been delayed because of tropical storms, NASA said on Friday. ...  > full story

New fingerprint method could unlock cold cases

LONDON, Sep. 5, 2008 (Reuters) — It's a discovery that would make even Sherlock Holmes proud. British scientists have developed a new crime-fighting technique that allows police to lift fingerprints from bullets even if a criminal has wiped down a shell casing. ...  > full story

Entertainment

Russia in legal bid to ban "extremist" U.S. cartoon

MOSCOW, Sep. 8, 2008 (Reuters) — Prosecutors in Russia want to ban the award-winning satirical U.S. cartoon South Park, calling the series "extremist" after receiving viewer complaints, a spokeswoman said on Monday. ...  > full story

Los Angeles Opera goes Hollywood

LOS ANGELES, Sep. 8, 2008 (Hollywood Reporter) — It's been a long libretto and lots of operas, high notes and low notes since superstar tenor Placido Domingo took over the Los Angeles Opera in 2001. But one accomplishment the risk-taking 67-year-old artistic director points to with special pride is that "many of my dreams about using the talent in Hollywood are coming true." ...  > full story

Toronto's film buyers see the light

TORONTO, Sep. 8, 2008 (Hollywood Reporter) — The Toronto International Film Festival has lightened up this year. ...  > full story

NBC sets "Muppets Christmas"

LOS ANGELES, Sep. 8, 2008 (Hollywood Reporter) — NBC is getting into the holiday spirit with "Letters to Santa -- A Muppets Christmas." ...  > full story

Sports

Serena bounces away with U.S. Open crown

NEW YORK, Sep. 8, 2008 (Reuters) — The drama queen came face-to-face with the comeback queen at Flushing Meadows on Sunday. Jelena Jankovic provided the on-court theatrics and Serena Williams bounced away with the U.S. Open trophy. ...  > full story

Delgado, Santana help Mets split key double-header

NEW YORK, Sep. 8, 2008 (Reuters) — Carlos Delgado homered twice and drove in four runs to help the New York Mets split a key double-header with the Philadelphia Phillies and maintain a two-game lead in the National League East on Sunday. ...  > full story

Patriots QB Brady suffers serious knee injury: reports

BOSTON, Sep. 8, 2008 (Reuters) — New England quarterback Tom Brady suffered a serious knee injury in the Patriots' 17-10 season-opening victory over the Kansas City Chiefs on Sunday, media reports said. ...  > full story

Serena Williams wins third U.S. Open title

NEW YORK, Sep. 7, 2008 (Reuters) — American Serena Williams won her ninth grand slam title by beating tenacious Serbian Jelena Jankovic 6-4 7-5 in a high-quality U.S. Open women's final on Sunday. ...  > full story
Copyright Reuters 2008. See Restrictions for more details.

Search NewsDaily

Number of stories in archives: 2,855
Find with keyword(s):
 
Enter a keyword or phrase to find the latest news stories,
plus related articles, videos, blog posts, and podcasts.

NEWS FROM THE NET

Related Articles

  • Policy chiefs talk up China’s economic prospects
    Sep. 8, 2008 (South China Morning Post) — China's economy is in good shape and policy makers are confident that they can sustain stable growth while reining in inflation, Vice-Premier Wang ...
  • Chinese banks welcome bailout
    Sep. 8, 2008 (The Straits Times, Singapore) — TWO major Chinese banks that own US$8 billion (S$11.33 billion) in Fannie Mae and Freddie Mac securities welcomed Washington's bailout of the ...
  • The Mortgage Option
    Sep. 8, 2008 (iStockAnalyst) — It's a case where market psychology became more important than the fundamentals, and that's why they had to act. There's no immediate crisis. It's ...
  • China Eyes Fannie Mae, Freddie Mac Bailout
    Sep. 7, 2008 (NPR) — The government takeover of Fannie Mae and Freddie Mac is making waves far off American shores. China is watching the events closely because some 10 ...
  • Regulators Share Blame for the Financial Crisis
    Sep. 7, 2008 (SeekingAlpha) — In September 2007, I wrote an article in which I argued that banks' profits were under pressure and banks were facing a crisis. Consequently, the ...
  • Freddie, Fannie: Debt-Ridden, But Their Bonds Are Worth Holding
    Sep. 5, 2008 (SeekingAlpha) — Central banks are notorious for their ill-timed investments. The latest such trade was conducted by several Chinese banks in August as they reduced ...
  • China’s stockmarket: In the bird’s-nest soup
    Aug. 27, 2008 (Economist) — INVESTORS had long ago seen their hopes dashed of a pre-Olympic boom in China's stockmarket. Indeed, among the shares hardest hit this summer were ...
  • China Merchants Bank: Held $180 Million Of Fannie,Freddie Debt End-Jun
    Aug. 18, 2008 (Morningstar) — China Merchants Bank Co. (3968. HK) said late Monday that as of the end of June, it held a total of US$180 million of debt issued by troubled U.S ...

Related Audio

Related Video

Related Blogs

Subscribe to our free RSS newsfeeds using your favorite reader or browser:
close
Post this page to your favorite social bookmarking site:
close
Include this item in your blog or web site:
close
Email this page's link to a friend or colleague:
close