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Bonds, shares slump as Fed signals end to stimulus



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LONDON (Reuters) - Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S. Federal Reserve explicitly signaled an end to easy money and data showed China's economy slowing down.Created 7 minutes ago
Asian markets hammered on China fears, Fed exit plan



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TOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second-largest economy hit a nine-month low.Created 22 minutes ago
Toews on target and Blackhawks back on track

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BOSTON (Reuters) - Chicago Blackhawks captain Jonathan Toews is what coaches like to call a "complete" ice hockey player.Created 24 minutes ago
GSK links with French venture firm to target rare diseases

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LONDON (Reuters) - GlaxoSmithKline is investing 17.5 million euros ($23.5 million) in a new venture fund to invest in drugs for rare diseases, underscoring the growing role of big drugmakers in backing start-up companies.Created 36 minutes ago
Sony CEO asks for patience as shareholders press on spinoff plan

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TOKYO (Reuters) - Sony Corp shareholders pressed its chief executive for a response to hedge fund Third Point's proposal for a partial spinoff of its profitable entertainment arm but Kazuo Hirai pleaded for patience as management reviews the bold plan.Created 37 minutes ago
UK watchdog details bank capital shortfalls

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LONDON (Reuters) - Lloyds Bank has a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the UK government signaled plans to return the part-state owned lender to the private sector.Created 51 minutes ago
Japan's Nomura cuts Australian jobs as banks trim costs



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SYDNEY (Reuters) - Japan's biggest brokerage firm Nomura Holdings Inc flagged redundancies in its Australian equities team, in an internal memo seen by Reuters.Created 52 minutes ago
India sets up elaborate system to tap phone calls, e-mail

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NEW DELHI (Reuters) - India has launched a wide-ranging surveillance program that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said.Created 57 minutes ago
Sopranos star James Gandolfini dies in Italy



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LOS ANGELES (Reuters) - James Gandolfini, the burly actor best known for his Emmy-winning portrayal of a conflicted New Jersey mob boss in the groundbreaking cable TV series "The Sopranos," died on Wednesday vacationing in Italy. He was 51.Created 59 minutes ago
U.S.-Taliban talks in Qatar not expected Thursday: source

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DOHA (Reuters) - Preliminary Afghan peace talks in Qatar between U.S. and Taliban officials are unlikely to take place on Thursday as originally expected, a source familiar with the matter told Reuters.Created about an hour ago
Kuwait Finance House says 20 percent capital increase oversubscribed

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DUBAI (Reuters) - Kuwait Finance House (KFH), the Gulf Arab state's largest Islamic bank, said on Thursday its 20 percent capital increase had been oversubscribed by shareholders, without providing specific details.Created about an hour ago
SNB lauds UBS, Credit Suisse capital steps, warns on leverage



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ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse and UBS to bolster their capital levels, but said leverage ratios still lag international rivals.Created 1 hour ago
Dotcom decries 'largest data massacre' after company deletes files

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WELLINGTON (Reuters) - The founder of the outlawed Megaupload file-sharing site denounced on Thursday "the largest data massacre in the history of the internet", after a European firm wiped out private photos, videos and documents stored on servers used by the site.Created 1 hour ago
Intrepid Mines board survives coup over lost Indonesia mine

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MELBOURNE (Reuters) - Shareholders of Intrepid Mines backed their board and its attempt to reclaim rights to a $5 billion copper and gold project in Indonesia, defeating a plan by a private equity investor to oust the board on Thursday.Created 2 hours ago
Davis power surge continues, homers twice in win over Tigers



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(Reuters) - Chris Davis continued his power surge by blasting a pair of home runs as the Baltimore Orioles bashed Detroit 13-3 on Wednesday.Created 2 hours ago
Asia assets hammered on China fears, Fed upset



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TOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low.Created 2 hours ago
Shuffle leaves Blackhawks coach with winning hand

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BOSTON (Reuters) - Coach Joel Quenneville shuffled his deck and came up with a winning hand as the Chicago Blackhawks' aces found their target in a wild 6-5 win over the Boston Bruins on Wednesday to level the Stanley Cup Final at two games each.Created 2 hours ago
Lawyers for accused Colorado gunman barred from psychiatric exam



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DENVER (Reuters) - Lawyers for James Holmes, who has pleaded not guilty by reason of insanity to killing 12 moviegoers in a Colorado theater last year, cannot be present during his court-ordered psychiatric examination, the judge in the murder case ruled on Wednesday.Created 2 hours ago
China factory activity hits nine month low, policy action eyed



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BEIJING (Reuters) - China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy.Created 2 hours ago
Hurdler Pearson to return from injury next week



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(Reuters) - World and Olympic champion Sally Pearson will compete in her first 100 meters hurdles event since winning gold at last year's London Games when she races in the Czech Republic next week, Athletics Australia said on Thursday.Created 2 hours ago
