News from WN Network

SEC Sees Surge in Fraud Tip-Offs: Report 2010-09-07
ABC News

September 7, 2010 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has seen a surge in tip-offs concerning alleged corporate fraud as the Financial Reforms Act offers millions of dollars...

photo: AP

World stocks fall amid renewed Europe bank worries 2010-09-07
The Associated Press

LONDON (AP) -- World stock markets fell Tuesday, particularly in Europe, where concerns about the health of banks resurfaced and EU finance ministers met to consider a new levy on lenders. A report in the Wall Street Journal claimed the EU stress tests of 91 banks in July understated some lenders'...

photo: AP / Katsumi Kasahara

Afghan bank officers' assets frozen 2010-09-07
Al Jazeera

Afghanistan has frozen the assets of leading shareholders and borrowers at Kabul Bank, the country's leading private bank, in the wake of the crisis sparked by the resignation of two high-level directors. Aimal Hashoor, the central bank's spokesman, said on Tuesday the Central Bank had...

photo: AP / Musadeq Sadeq

China seeks to avoid shouting matches with U.S. 2010-09-07
Yahoo Daily News

BEIJING (Reuters) – China wants to quell tensions with the United States through quiet talk, not shouting matches, a top diplomat told White House advisers on Tuesday, aiming to pave the way for a visit by President Hu Jintao early next year. Chinese officials made the conciliatory public...

photo: AP / Andy Wong

Federer to face Soderling in quarters 2010-09-07
Deccan Herald

New York, Sep 7 (AP): Tuesday, September 07, 2010 --> After grinding out a victory over No 13 Jurgen Meltzer, the names opposite Roger Federer's in the bracket will start looking more familiar. Maybe uncomfortably so. The five-time US Open winner beat Melzer, 6-3, 7-6 (4), 6-3 yesterday, for yet...

photo: AP / Mike Groll

Japan confirms its first case of new superbug gene 2010-09-07
Herald Tribune

TOKYO - Japan has confirmed the nation's first case of a new gene in bacteria that allows the microorganisms to become drug-resistant superbugs, detected in a man who had medical treatment in India, a health ministry official said Tuesday. AC = 1234 --> The gene, known as NDM-1, was found in a...

photo: AP / Kyodo News

Top US Commander: Burning Quran Endangers Troops 2010-09-07
CBS News

KABUL, Afghanistan (AP) - The top U.S. and NATO commander in Afghanistan warned Tuesday an American church's threat to burn copies of the Muslim holy book the Quran could endanger U.S. troops in the country and Americans worldwide. "Images of the burning of a Quran would undoubtedly be used by...

photo: AP / Susan Walsh, File

Kashmir violence: Four killed, curfew imposed 2010-09-07
Newstrack India

Srinagar, Sep 7 (ANI): Jammu and Kashmir is tense again after four youths were killed and about seventeen injured in clashes with security forces on Monday. Curfew has...

photo: WN / Imran Nissar

Iran claims right to vet IAEA inspectors 2010-09-07
Khaleej Times

TEHRAN ' Iran said on Tuesday that it was within its rights to vet UN inspectors who monitor its nuclear facilities after the UN watchdog said its work was being hampered by the barring of some of its staff. "We have this right ... to change the inspectors as per their record," foreign ministry...

photo: AP / Hans Punz

French unions test Sarkozy in pensions strike 2010-09-07
Business Report

* Unions want 2 million on streets against pension reform Submit your comment French trade unions mounted a show of strength on Tuesday with strikes backed by street marches over unpopular pension reforms that President Nicolas Sarkozy says he is determined to implement....

photo: AP / Thibault Camus