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European stocks at 5 1/2-month high ahead of growth data

Tuesday, October 31 2017

European stocks at 5 1/2-month high ahead of growth data

LONDON (Reuters) - European shares were at a 5 1/2-month high and Italian bonds were set for their best month in over two years on Thursday, before the release of data expected to underscore the robust improvement in the euro zone's economy. Monthly figures from Eurostat were forecast to show growth in the 19-country bloc now running at almost 2.5 percent year-on-year and unemployment at its lowest since early 2009 at 9 percent. Markets in London, Frankfurt and Paris were just about positive as trading gathered momentum, after Asian markets had mostly risen overnight despite some disappointing industrial data from China and a dip on Wall Street. Focus was also on the dollar, which had been hit on Monday by fresh political unease. Federal investigators probing Russian interference in the 2016 U.S. election charged President Donald Trump's former campaign manager, Paul Manafort, and another aide, Rick Gates, with money laundering. "The market is not sure what to make of the political news out of the U.S., so it's almost ground to a halt," said Societe Generale strategist Kit Juckes. "Unless we get a shock (from European data or something else) we are waiting for the bigger events of the week. We are waiting for the Fed chair announcement, we are waiting for the jobs data on Friday." Italy's borrowing costs were set to end October with their biggest monthly drop in more than two years after a surprise ratings upgrade, the extension of the ECB's bond buying programme and the approval of a new electoral system. Italy's benchmark 10-year bond yield fell to its lowest level in around 10 months at 1.837 percent. It is down around 33 basis points this month, on track for the biggest monthly drop since July 2015, according to Tradeweb data. Earnings company updates added some spice meanwhile. Shares in heavyweight oil major BP jumped more than 3 percent to their highest since July 2014, after third quarter profits beat expectations and it announced a share buyback programme. Ryanair, hurt recently by to swathes of cancelled flights, climbed more than 5 percent after it maintained its full-year profit guidance. BNP Paribas sank 3 percent after its results disappointed. So far, more than 40 percent of MSCI Europe companies have reported results for the third quarter, of which 65 percent have either met or beaten expectations, according to Thomson Reuters I/B/E/S data. Financials and tech are sectors standing out for their large proportion of beats. MSCI's broadest index of Asia-Pacific shares outside Japan ended up 0.4 percent. Strong gains in South Korea and Taiwan, which make up roughly a quarter of the index's weighting, helped offset weakness in China and Hong Kong. Chinese data had shown a sharper-than-expected slowdown in October factory growth. Beijing's war on winter air pollution is forcing many northern steel mills, smelters and factories to curtail production, adding to uncertainty amid early signs of a slowdown in the world's second-largest economy. South Korea's KOSPI ended up 1 percent at a record high, though, after Seoul and Beijing agreed to normalise relations that have been strained by a year-long standoff over the deployment of a U.S. anti-missile system in South Korea. "Shares that have long been pressured by ongoing political disputes between the two countries are reacting positively to the announcement, including Hyundai Motor-related stocks," said Cho Byung-hyun, a stock analyst at Yuanta Securities. Tech-heavy Taiwan added 0.4 percent after Apple made big gains overnight on hopes of strong demand for its new range of iPhones. Japan's Nikkei closed flat, capped by weaker U.S. shares and a stronger yen. The dollar hovered near a 10-day low of 113.02 yen struck overnight. The greenback had lost about 0.4 percent overnight after details of charges for former Trump aides were disclosed. The euro was softer at $1.1637. It had pulled back overnight from a three-month low of $1.1574 on Friday. Among commodities, crude oil prices steadied below their recent peaks after being boosted by expectations OPEC-led production cuts would be extended beyond March. Brent crude futures were down 0.5 percent at $60.58 a barrel after rising to $61 overnight, the highest since July 2015. U.S. crude was 0.3 percent lower at $53.98 after touching $54.46, its highest since late February. Spot gold was little changed at $1,275.49 per ounce at 0850 GMT. It has shed about 0.3 percent so far in October, in what could be its second straight monthly decline. (Additional reporting Shinichi Saoshiro in Tokyo, editing by Larry King) SEARCH

Hong Kong stocks dip, risk appetites cut by China data

Tuesday, October 31 2017

Hong Kong stocks dip, risk appetites cut by China data

Hong Kong stocks dip, risk appetites cut by China data Hong Kong stocks dip, risk appetites cut by China data Source : Last 14:00 hrs Oct 31 (Reuters) - Hong Kong shares fell on Tuesday, with investors' risk appetites curbed by a stronger-than-expected cooling in China's factory activity in October. The Hang Seng index dipped 0.3 percent, to 28,245.54, while the China Enterprises Index lost 0.5 percent, to 11,507.72 points. For the month, Hang Seng rose 2.5 percent, while HSCE gained 5.5 percent. Investors were circumspect after the official Purchasing Managers' Index (PMI) on Tuesday showed growth in China's manufacturing sector slowed more than expected in October in the face of a weakening property market and tighter pollution rules. Sector performance was mixed. Weakness in finance and telecom shares offset strength in Consumer and IT stocks. (Reporting by the Shanghai Newsroom; Editing by Richard Borsuk) SEARCH

European shares hold at 5-month highs as BP buoys oil stocks

Tuesday, October 31 2017

European shares hold at 5-month highs as BP buoys oil stocks

LONDON, Oct 31 (Reuters) - European stocks held at five-month highs on Tuesday, supported by a jump in the shares of oil firm BP, which announced buoyant earnings and a share buyback programme, but banking shares were presssured by a fall in BNP Paribas. The pan-European STOXX 600 index was flat in percentage terms by 0817 GMT, while euro zone blue chips were also steady. Trading was muted as Germany's stock market was closed for a holiday, and investors looked ahead to key central bank policy decisions from the U.S. Federal Reserve and the Bank of England. Earnings updates added some spice at the single-stock level, with shares in heavyweight oil major BP jumping more than 3 percent to their highest level since July 2014 after its third quarter profit beat expectations. BP also announced a share buyback programme. Ryanair results were also well-received, with the budget airline's shares jumping more than 5 percent to the top of the STOXX index after it maintained its full-year profit guidance. Chemicals maker Croda also gained 3.6 percent after a trading update. Pipe and valve maker Weir Group dropped 6.6 percent, however, after saying that it expected its full-year operating profit to be lower than estimates. BNP Paribas was the biggest banking sector loser of the day, down 3 percent after posting its results, with traders pointing to disappointing performance in its markets business. So far more than 40 percent of MSCI Europe companies have reported results for the third quarter, of which 65 percent have either met or beaten expectations, according to Thomson Reuters I/B/E/S data. Financials and tech are sectors standing out for their large proportion of beats.

EESL to provide energy efficient power loom equipment at zero upfront cost

Tuesday, October 31 2017

EESL to provide energy efficient power loom equipment at zero upfront cost

EN Correspondent Leave a comment New Delhi, EnergyNext: Now, Energy Efficiency Services Limited (EESL) to provide energy efficient power looms, motors and rapier kits to small and medium power loom units at zero upfront cost. This comes after Ministries of Power and Textiles have joined hands under a new initiative SAATHI — Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries. “Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the administrative control of Ministry of Power, would procure energy efficient power looms, motors and rapier kits in bulk and provide them to the small and mediumpower loom units at no upfront cost,” the government said in a statement. The government’s SAATHI initiative will be jointly implemented by EESL and the office of the Textile Commissioner on a pan India basis. To kick start the implementation process, workshops will be organized in cities like Erode in Tamil Nadu, Surat in Gujarat and Ichalkaranji in Maharashtra, among others. “The use of these efficient equipment would result in savings in terms of energy and cost to the unit owner. He would repay in instalments to EESL over a period of four to five years. This is the aggregation, bulk procurement and financing model that EESL has successfully deployed in several sectors like LED bulbs, smart meters and electric vehicles. Neither the unit owner has to pay any upfront cost to procure the equipment nor does he have to allocate additional expenditure for repayment as the repayments to EESL will be made from the savings,” said the government in a statement. The aggregation of demand and bulk procurement will also lead to reduction in capital cost, benefits of which will be passed on to the power loom units so that their repayment amount will reduce. “The power loom sector in India is predominantly an unorganized sector and has a large number of micro and small units which produce 57 percent of the total cloth in the country. There are 24.86 lakh power loom units in this country, most of whom use obsolete technology,” it added. The government has been implementing the in-situ upgradation of plain power looms — under which plain power looms are attached with process control equipment leading to higher productivity, better quality and more than 50 percent additional value realisation. So far 1.70 lakh plain power looms have been upgraded under this initiative with a total government subsidy of Rs 186 crore. Post navigation

ITI Ltd outbids L&T in reverse auction; bags contract to procure 50 lakh smart meters

Tuesday, October 31 2017

ITI Ltd outbids L&T in reverse auction; bags contract to procure 50 lakh smart meters

EN Correspondent Leave a comment New Delhi: ITI Limited has emerged as the lowest bidder in this reverse auction to procure 50 Lakh smart meters, each costing Rs 2,503, which will be installed in a phased manner in Uttar Pradesh and Haryana over a period of three years. Energy Efficiency Services Limited (EESL) has achieved a further price reduction in the procurement of 50 lakh smart meters by holding a reverse auction of the tender conducted last week. L&T had emerged as the lowest bidder in the first round of bids conducted last week, where the company had quoted Rs 2,722. ITI Limited, however, outbids L&T by quoting the lowest price of Rs 2,503 per single phase smart meter in the reverse auction. ITI Limited is followed by Genus Power and KEONICS. Through the reverse auction the price of the single phase smart meter has come down from Rs 2,722 to Rs 2,503 which is a reduction of eight percent from the previous tender quote. The lower price discovered through reverse auction will further benefit the end consumers. Seven companies including L&T were invited for the reverse auction. As per government guidelines, the EESL, which is under the administrative control of Ministry of Power, will invite Genus Power and KEONICS, who have emerged as the L2 and L3 bidders respectively to match the L1 price. As many as 40 lakh smart meters will be deployed in UP and the remaining 10 lakh in Haryana. Smart meters are a part of the overall Advanced Metering Infrastructure Solutions (AMI) aimed at better demand response designed to reduce energy consumption during peak hours. The overall AMI solution will also have a system integrator who will be responsible for meter installation, data storage on cloud and preparing dashboards. The meters are being procured for the implementation of smart grid projects in Haryana and Uttar Pradesh since these states have been grappling with huge Aggregate Technical and Commercial (AT&C) losses — the latest figures for both states being 28.42% and 34.36% respectively. Smart meters will not only help these in reducing their AT&C losses by way of increased billing efficiency, but will they also completely change the way in which electrical energy is currently being consumed and paid for by the consumers. Installation of these smart meters along with its associated communication and IT infrastructure will enable the discoms to obtain real time energy consumption data of each consumer for subsequent analysis. The Smart meters procured by EESL use GPRS technology to allow two-way communication between the discom and consumers. Once installed, an energy supplier can read a meter via mobile phone network. A household can also receive a digital display which helps them to access how much power they are consuming – and its cost – in real time. Smart meters enable one to see the consumption pattern and the cost. This means one can adapt the energy use and cut down on waste to provide financial savings to consumers. They further provide an accurate and real-time information about the energy use, enabling one to take informed decisions about their energy behaviour. EESL is procuring the smart meters and services of the system integrator with 100 percent investment and the utilities will make zero-investment. The repayment to EESL will be done through savings resulting from enhanced billing efficiency and avoided meter reading costs. It is said that the average cost of meter reading is Rs 40 per meter which can be completely avoided. EESL is committed to enabling a complete transformation of the energy infrastructure in the country with unique solutions, the official added. Post navigation

Give clarity on Patidar reservation by November 7: Hardik Patel tells

Monday, October 30 2017

Give clarity on Patidar reservation by November 7: Hardik Patel tells

Tue, Oct 31, 2017 08:30 hrs Gujarat : Patidar Anamat Andolan Samiti (PAAS) leader Hardik Patel has said that he wants clarity by November 7 on the issue of reservation to his community. Patel's statement came just hours after the first formal meeting of the Patidar community and the Congress leaders ahead of the upcoming Gujarat assembly elections. "I am not with or against anyone (Congress). I need clarity by November 7 on issue of reservation to our community", he told the reporters here. The PAAS leader, earlier on Monday, extended the deadline for the Congress Party till November 7 to clear its stand on the Patidar community's demand for reservation. In a meeting with the Congress, the Patidar leaders listed their demands and the party agreed to four of them, but the demand for Patidar reservation did not reach a final conclusion. Nevertheless, Patel has remarked that the meeting turned out to be fruitful and the PAAS may meet Congress vice president Rahul Gandhi if the core committee advises so. Amid the conjectures surrounding the Patidar's choice of ally in the upcoming Gujarat Assembly election, Patel clarified that he will never support the Bharatiya Janata Party (BJP), and added that there is "no match fixing at all." Meanwhile, the Congress has said that it will make a decision after consulting the matter with legal experts. "PAAS has put forward their point, and we will go to legal expert and then take things forward," Gujarat State President Bharatsinh Solanki said in a press conference yesterday. The Patidar leader had earlier said that he will extend support to the Congress if it supports their community and provides reservation. The Congress is counting on Patidar votes to sway the election results of Gujarat polls in their favour and overthrow the BJP, which has been in power since 1995 in the state. The polls will be conducted in two phases in the state.The polling for the first phase will be held on December 9 and for the second phase on December 14. The counting of the votes will be held on December 18.

IPS officer, 29, arrested for cheating in civil service exam

Monday, October 30 2017

IPS officer, 29, arrested for cheating in civil service exam

Last Updated: Tue, Oct 31, 2017 09:41 hrs (Image source: Facebook/safeer.karim) Chennai : An 29-year-old Indian Police Service (IPS) officer, aspiring to enter the Indian Administrative Service (IAS), was arrested for cheating in the civil services main exam with Bluetooth equipment, a police officer said on Monday. Safeer Karim, currently an Assistant Superintendent of Police in Tirunelvelli district, was caught talking to his wife in Hyderabad for answers, according to the officer. Karim, who wanted to become an IAS officer, continued his studies for the civil services examination after joining as police officer in Tirunavelli. He had earlier this year, he cleared the preliminary round. The officer said being caught for cheating in exams will have a serious effect on Karim's career. The 2015 batch officer and an engineering graduate while still appearing for the examination had also founded a coaching institute for other civil services aspirants. SEARCH talking point on sify news Latest Features

EU parliamentarian lauds India for appointing Kashmir interlocutor

Tuesday, October 31 2017

EU parliamentarian lauds India for appointing Kashmir interlocutor

EU parliamentarian lauds India for appointing Kashmir interlocutor EU parliamentarian lauds India for appointing Kashmir interlocutor Source : Last Updated: Tue, Oct 31, 2017 10:00 hrs [Belgium], Oct.31 (ANI): The Indian government's recent decision to appoint an interlocutor for Kashmir ought to be welcomed by the international community as another step to connect with Kashmiris, with the objective of bringing peace to the region, a Member of the European Parliament (MEP) has said. In an article written for EP Today, Petras Au��trevicius, Member of the European Parliament, further goes on to say that "sadly, but as expected, Pakistan and its political proxies in Jammu and Kashmir have rejected all interaction with the newly appointed interlocutor, leaving no doubt about their motives and intentions." He maintains that Pakistan is continuing to fuel violence and unrest in the Kashmir Valley, and under the circumstances says that the EU has watched with admiration the manner in which New Delhi has responded deftly to this complex challenge, "with tough action against militants targeting innocents, while continuing to engage with the Kashmiri people, who have also shown great tenacity in the face of this long war of attrition, sponsored from across the borders." Au��trevicius says the EU must focus on enhancing its cooperation with India in areas like foreign and security affairs, and supports its efforts to bring peace to Kashmir, while also boosting its exchanges in trade, education, culture and scientific research. Referring to the recent visit to India of European Council President Donald Tusk and European Commission President Jean-Claude Juncker, Au��trevicius says that he is pleased to see both the EU and India not only reiterating the strategic importance of their multi-faceted relations, but also agreeing to further expand areas of cooperation, so as to develop the political dimension of this relationship. "As the world's two largest democracies, the EU and India have a common responsibility to promote the cause of peace, the rule of law and human rights around the world. Further, in the current fraught international environment where terrorism has emerged as one of the key security challenges, the EU sees India as a nation committed to responding to this threat," he says. He further writes, "India has been battling the menace of terrorism long before it reached the European shores. Though terrorism in India came in through the back door from Pakistan, and continues to be sponsored from across the border, India has, for decades, been attempting to solve the problem diplomatically with its western neighbour." Criticizing Pakistan for making promises repeatedly to curb terror from its soil, Au��trevicius says, "Pakistan has not given up its flawed state policy of waging non-conventional war on its neighbours, through terror groups. While the US and NATO are only now waking up to the grave threats of such acts, India and Afghanistan have been the earliest victims." The EU, he says, places utmost importance on the protection of human rights, and has always supported such efforts, worldwide. "However, the EU is also aware of the considerable evidence that exists, of assistance by the Pakistani State to militants operating in Kashmir by way of recruitment, funding, training, provision of weaponry and sanctuary," he adds. He praises the Indian government for providing development related funds liberally to its side of Kashmir (annual assistance of US dollar 17 billion), whereas in Pakistan-administered Kashmir, this is sadly lacking in all aspects. He concludes his article by saying, "The compliance with human rights rules makes India a perfect partner for the European Union in the region, including the efforts to maintain the remarkable balance between fighting terrorism and keeping human rights compliance which is a challenge for democracies." (ANI) SEARCH talking point on sify news Latest Features

China set to block UN ban on Jaish chief Masood Azhar, yet again

Tuesday, October 31 2017

China set to block UN ban on Jaish chief Masood Azhar, yet again

China set to block UN ban on Jaish chief Masood Azhar, yet again China set to block UN ban on Jaish chief Masood Azhar, yet again Source : Last Updated: Tue, Oct 31, 2017 10:47 hrs Beijing : China on Monday once again made it clear that it will continue to block India's move to put a ban on Pakistan-based terror group Jaish-e-Mohammed leader Masood Azhar, citing "disagreements" in the United Nations Committee related to terrorism issues in this particular case. "We have elaborated on China's position many times at request. The relevant Security Council resolutions have clear stipulations on the mandate of the 1267 Committee and explicit requirements for the listing criteria of terrorist organizations or individuals," Chinese Foreign Ministry Spokesperson Hua Chunying told the reporters, during a press conference in Beijing. "China always maintains that on the listing matter, the 1267 Committee shall uphold the principle of objectivity, impartiality and professionalism and make its decisions by consensus among its members on the basis of solid evidence," Hua added. In August, China extended by three months a block it had put on the proposal to list Azhar as a global terrorist after obstructing the move in February. The block is due to expire on Thursday. The Chinese spokesperson made it clear that they had proposed the technical hold so that more time was given to the Committee for deliberations and to all relevant parties for further consultations. "Regrettably however, the Committee has yet to reach a consensus. The action we took at the 1267 Committee, which was meant to uphold the authority and validity of the Committee, accorded with the resolutions of the Security Council and the rules of procedure of the Committee and showcased a responsible attitude," Hua said. "China would remain in communication and coordination with all relevant parties in line with the resolutions of the Security Council and the rules of procedure of the 1267 Committee," Hua added. When asked if China is resorting to block the move repeatedly at the behest of Pakistan, Hua said, "In light of an absence of consensus on this matter within the 1267 Committee, China acted to protect the authority and validity of the Committee, which met the rules of procedure of the Committee and just best showcased our sense of responsibility. We would remain in communication and coordination with all relevant parties in line with the resolutions of the Security Council and the rules of procedure of the 1267 Committee." Defending Pakistan on terrorism, Hua said, "Pakistan is a victim of terrorism. We support Pakistan in carrying out counter-terrorism actions based on its own national conditions." Earlier in June, China insisted that India provide "solid evidence" against the Jaish-e-Mohammed chief. However, India's permanent representative to the United Nation, last month said that India will not sit idle till Pakistan-based Jaish-e-Mohammed (JeM) chief is brought to justice. SEARCH talking point on sify news Latest Features

U.S. labor costs accelerate in third quarter as wages rise

Tuesday, October 31 2017

U.S. labor costs accelerate in third quarter as wages rise

U.S. labor costs accelerate in third quarter as wages rise U.S. labor costs accelerate in third quarter as wages rise Source : Last Updated: Tue, Oct 31, 2017 19:02 hrs By Lucia Mutikani WASHINGTON (Reuters) - U.S. labor costs accelerated in the third quarter, leading to the biggest year-on-year increase in 2-1/2 years and offering hope that wage growth was finally gaining momentum amid a tightening labor market. The Employment Cost Index, the broadest measure of laborcosts, increased 0.7 percent amid gains in wages and benefits after an unrevised 0.5 percent rise in the second quarter, the Labor Department said on Tuesday. That lifted the year-on-year rate of increase to 2.5 percent, the largest gain since the first quarter of 2015. The dollar rose to a session high against a basket of currencies on the data. The third-quarter increase in the ECI was in line with economists' expectations. Wage growth has remained stubbornly modest even as the labor market is near full employment, with the jobless rate at a 16-1/2-year low of 4.2 percent. Economists say labor costs need to rise by at least 3 percent to push inflation closer to the U.S. centralbank's 2 percent inflation target. Labor costs increased 2.4 percent in the year to June. Signs of a pickup in wage growth are likely to be welcomed by Federal Reserve officials, who are scheduled to begin a two-day policy meeting later on Tuesday. The U.S. central bank is unlikely to raise interest rates this week, but is expected to do so in December. It has raised rates twice this year. Steadily increasing wages offer hope that inflation could soon trend higher. A government report on Monday showed the Fed's preferred inflation measure, the personal consumption expenditures (PCE) price index excluding food and energy, increasing 1.3 percent in the 12 months through September. The core PCE has undershot the Fed's 2 percent target for nearly 5-1/2 years. The ECI is widely viewed by policymakers and economists asone of the better measures of labor market slack. It is alsoconsidered a better predictor of core inflation. Wages and salaries, which account for 70 percent ofemployment costs, rose 0.7 percent in the third quarter. They increased 0.5 percent in the second quarter. Wages andsalaries were up 2.5 percent in the 12 months through September.That followed a 2.3 percent gain in the year to June. Private industry wages rose 0.7 percent in the third quarter. They increased 2.6 percent in the 12 months through September. Wages in the manufacturing sector rose 0.8 percent in the third quarter, while construction wages increased 0.6 percent. Benefits for all workers increased 0.8 percent in theJuly-September quarter after rising 0.6 percent in the secondquarter. They were up 2.4 percent in the 12 months through September. (Reporting by Lucia Mutikani; Editing by Andrea Ricci) SEARCH

PRECIOUS-Gold dips as dollar gains ahead of Fed statement

Wednesday, November 1 2017

PRECIOUS-Gold dips as dollar gains ahead of Fed statement

PRECIOUS-Gold dips as dollar gains ahead of Fed statement PRECIOUS-Gold dips as dollar gains ahead of Fed statement Source : Last Updated: Wed, Nov 01, 2017 07:00 hrs Nov 1 (Reuters) - Gold edged lower early Wednesday as the dollar firmed with investors awaiting hints on a U.S rate hike following the Federal Reserve's two-day policy meeting. FUNDAMENTALS * Spot gold was down 0.3 percent at $1,267.80 per ounce at 0106 GMT. * U.S. gold futures for December delivery dipped 0.1 percent to $1,268.80. * The dollar index , which tracks the greenback against a basket of six major rivals, was up 0.1 percent. * U.S. consumer confidence jumped to a near 17-year high in October, with households upbeat about the labor market and business conditions, which could underpin consumer spending and boost the economy in the final three months of the year. * The Fed is scheduled to release its statement following its meeting on Wednesday at 2 p.m. EDT. * Investors are also awaiting the naming of the next Fed chair likely on Thursday, the Bank of England policy meeting on Thursday and more data, including U.S. payrolls figures on Friday. * A driver in a rented pickup truck mowed down pedestrians and cyclists on a bike path alongside the Hudson River in New York City on Tuesday, killing eight people and injuring about a dozen others in what authorities said was an act of terrorism. * The United States is quietly pursuing direct diplomacy with North Korea, a senior State Department official said on Tuesday, despite U.S. President Donald Trump's public assertion that such talks are a waste of time. * Asian shares looked set to extend their gains into a fourth straight day on Wednesday on the back of solid economic growth, while oil prices were on a bull run on hopes of an extension of output cuts by major oil producers. * Catalonia's ousted leader Carles Puigdemont agreed on Tuesday to a snap election called by Spain's central government when it took control of the region to stop it breaking away, but he said the fight for independence would go on. * South Africa's Impala Platinum (Implats) said on Tuesday first-quarter platinum production fell 6.6 percent due to a stock buildup following scheduled furnace maintenance at its Impala and Zimplats operations. * The U.S. Mint sold 15,500 ounces of American Eagle gold coins in October, up 34.8 percent from the previous month, according to the latest data. DATA/EVENT AHEAD (GMT) 1100 U.S. MBA Mortgage Applications survey weekly 1215 U.S. ADP National Employment Oct 1345 U.S. Markit Mfg PMI Final Oct 1400 U.S. ISM Manufacturing PMI Oct (Reporting by Vijaykumar Vedala in Bengaluru; Editing by Vyas Mohan) SEARCH

Death toll in Kabul's Green Zone bombing rises to nine

Tuesday, October 31 2017

Death toll in Kabul's Green Zone bombing rises to nine

Death toll in Kabul's Green Zone bombing rises to nine Death toll in Kabul's Green Zone bombing rises to nine Source : Last Updated: Wed, Nov 01, 2017 02:45 hrs [Afghanistan], November 1 (ANI): The death toll in a suicide bombing attack in Afghanistan's Green Zone on Tuesday has mounted to nine. Tolo News quoted hospital officials as saying that at least nine people were killed and 21 others were injured. An explosion ripped through Kabul's Wazir Akbar Khan area, where many foreign embassies and government departments are based. According to various reports, there was no immediate confirmation about the cause of the explosion. The security forces immediately cordoned off the area and ambulances were seen rushing the injured to nearby hospitals. No group has claimed the responsibility for the attack so far. (ANI) SEARCH talking point on sify news Latest Features