Posts tagged: News

South Korean shares come off lows; Kospi down 0.9%

HONG KONG (MarketWatch) — South Korean shares came off their intraday lows in Monday’s afternoon trading in the wake of a report that North Korea had agreed to allow United Nations’ nuclear inspectors to return to the country. The benchmark Kospi was recently down 0.9% at 2,009.04, well off the day’s lowest point at 1,996.44. The recovery came after CNN news channel reported that Pyongyang has agreed with U.S. troubleshooter Bill Richardson to allow U.N. inspectors to return to North Korea as part of a package of measures to ease tensions on the peninsula, according to an Agence France-Presse report.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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VH1′s “You’re Cut Off!” Will Premiere In January

Stephanie Sims – Celebrity News Service Reporter

Los Angeles, CA, United States (CNS) – If you love watching spoiled grown women fend for themselves as they are humbled and brought down to reality, good news: season two of VH1′s “You’re Cut Off!” will premiere Monday, January 10 at 9 pm.

Life coach Laura Baron returns to strip eight women from their posh lifestyles and help them become self sufficient, confident adults.

These women will be forced to live together as they go through spoiled rotten rehab and complete simple tasks such as cleaning up the kitchen, shopping on a budget, and working with charities.

The big question is: can these spoiled girls make it all the way to their graduation day?

Last season, all the contestants graduated — see who will make it to graduation this season.

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France, India Sign Deal On Nuclear Reactor Sales

Windsor Genova – AHN News News Writer

New Delhi, India (AHN) – French President Nicolas Sarkozy and Indian Prime Minister Manmohan Singh witnessed on Monday the signing of a nuclear reactor purchase deal between two nuclear power firms from both countries.

Under the deal, the French state-controlled nuclear group Areva will supply India’s Nuclear Power Corporation with additional nuclear reactors worth $10 billion. The reactors will be built at Jaitapur in the western Indian state of Maharashtra.

The Nuclear Power Corp. already operates 22 nuclear power stations but it is seeking to expand its domestic operation and open up a market estimated at £90bn over 15 years.

Sarkozy was in a four-day visit to India with his wife Carla Bruni-Sarkozy. Also with him are his defense, foreign and finance ministers as well as about 60 business leaders.

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China premier says Beijing to curb prices: report

HONG KONG (MarketWatch) — Chinese Premier Wen Jiabao was quoted in a Xinhua news report Wednesday as saying recently that the State Council, China’s Cabinet, is drafting measures to curtail sharp increases in the prices of commodities that affect people in their everyday lives. The report also said China’s Consumer Confidence Index dropped five points during the July-September quarter to 104 — the first fall in the reading in six quarters — as the pace of the nation’s inflation quickened.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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Wall Street Retreats As Investors Turn To Gold

Windsor Genova – AHN News News Writer

New York, NY, United States (AHN) – U.S. stocks fell slightly on Monday as hedge-seeking investors went for commodities and sent gold prices up to a record high of $1,403 an ounce.

The Dow Jones Industrial Average lost 37 points or 0.3 percent to close at 11,407. Boeing Co., Home Depot Inc. and Travelers Cos. were the top losers.

The Standard & Poor’s 500 Index gave up 2.6 points or 0.2 percent to close at 1,223.

The Nasdaq Composite Index gained a point ending at 2,580.

Oil for December delivery gained 36 cents to settle at $86.85 per barrel.

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Traditional Journalists Switch to Internet or Face Layoffs

Tom Ramstack – AHN News Correspondent

Washington, D.C., United States (AHN) – Some journalists complained Thursday during a business conference in Washington, D.C., about what they see as the sunset of the traditional news media while others said the Internet was opening new opportunities.

The Online News Association conference in a downtown Washington hotel was intended to introduce journalists to new job opportunities as many of them try to recover from layoffs.

Newspaper subscription rates are plummeting as more news content gets transferred to Internet Web sites or cable television channels.

Reporters and editors are finding they also must change with the technology or leave the news business.

“Those days are gone,” said Amy Mitchell, deputy director of the Project for Excellence in Journalism, which was organized by the Pew Research Center public policy foundation.

She was referring to a time less than 20 years ago when journalists would graduate from college, start as reporters for small newspapers and work their way up through the ranks of management or into jobs at large newspapers.

Now, journalists must combine reporting with other skills as photographers and Internet social media experts, she said. They also must have specialties as journalists, such as business, legal or technology reporters.

Social media refers to Internet sites that allow visitors to interact with one another, such as Facebook and Twitter.

“The idea is how to create your own brand,” Mitchell said.

Other journalists are starting their own blogs, or Web logs, to report on issues important to them.

When the number of visitors to their blogs increases enough to attract advertisers, they sometimes expand the Web sites into Internet news services.

Recent newspaper subscription figures demonstrate that journalists have few other alternatives unless they want to change professions.

The latest U.S. Audit Bureau of Circulations figures show daily newspaper subscriptions fell 5 percent in the six months that ended Sept. 30, compared with one year earlier.

The 5 percent drop was good news compared with the 8.7 percent subscription decline from October to March 2009.

Some newspapers have been trying to recover their losses by raising subscription and newsstand prices, which has made them lose even more readers.

“Overall, there’s still a sense of crisis,” Mitchell said. “There’s still a lot of uncertainty, a lot of hesitation.”

The Audit Bureau of Circulations figures show newspaper subscriptions are not increasing like other consumer markets as the nation recovers from recession.

Instead, readers are getting their news from Web sites, free publications that get their revenue only from ads or from television.

Some Web site operators at the Online News Association conference recommended that journalists develop specialties that appeal to non-traditional media, such as universities or foundations.

Rachel Kaufman, an editor for the journalism career Web site mediabistro.com, said one trade publication, called Amputation Daily, wanted journalists who specialized in writing about surgical amputations.

“They’re very, very specific,” Kaufman said.

Many experienced journalists who spent their careers in the traditional media as reporters or editors are losing their jobs because they lack Internet skills and specialties, said Julie Hartenstein, a Columbia University journalism professor.

“They’re probably not going to get rehired,” she said.

When one middle-aged journalist asked how she could find a job despite a lack of experience with social media, Eric Wee, founder of the career Web site Journalismnext.com, said, “I’d say fake it.”

He suggested that journalists start their own blogs to create the image they are well-versed in Internet journalism.

“Show them you have a blog,” he said.

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India, Malaysia In Trade Deal

AHN News Staff

Kuala Lumpur, Malaysia (AHN) – In what could boost trade ties between the two nations, India on Wednesday signed a comprehensive economic cooperation agreement with Malaysia.

Indian Prime Minister Dr. Manmohan Singh, who is on a visit to Malaysia, told his Malaysian counterpart Mohd Najib Tun Abdul Razak the pact would also strengthen the two countries’ relations in other sectors, including defense.

The deal, which goes in effect next July 1, will allow free movement of goods, services and investments. The leaders also signed five other accords in various areas.

Addressing a press conference after the meeting, Dr. Singh said the day marked a turning point in India-Malaysia relations, adding that talks with Razak had laid the basis for a multi-faceted partnership between Kuala Lumpur and New Delhi.

Singh and Razak also launched a CEO’s Forum to create closer and deeper economic engagement between the two countries. Singh also opened doors for Malaysia and asked Malaysian companies to investment in infrastructure and manufacturing sector.

He also expressed Indian companies’ willingness to enter Malaysian markets. In response, Razak said Malaysia would be glad to take part in its journey for country’s economic development.

“We must give new impetus to this relationship. I indicated to Prime Minister Singh that Malaysia is ready for deeper and more intensive relationship,” he said and expressed confidence that the CECA would achieve a target of $15 billion by 2015.

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AHN Announces Multi-Language News Services

Press Release

West Palm Beach, FL, United States (AHN PR) – AHN Media announced Thursday it now offers real-time machine translated news for its popular news feed services for digital signage, websites, print and broadcast applications.

In addition to English, the languages that will now be supported are: Chinese, French, German, Italian, Japanese, Maltese, Portuguese and Spanish.

Support for additional languages will be added based on customer demand.

“AHN’s multi-language feature takes us a few steps ahead with our ongoing effort to expand into a global news and content brand.” says W. Jeffrey Brown, CEO of AHN Media. “Multi-language support should fuel continued rapid growth and allow our clients more content use and deployment possibilities.”

Using custom hybrid advanced automated language engines, AHN leverages the speed and power of machine translation to offer news feed services in the languages that best serve the needs of its clients.

All Headline News is a leading provider of real-time news, business and financial information, weather, horoscopes and other content for web, wireless, print, broadcast, digital signage and interactive applications.

Pricing and Availability

The multi-language news is available immediately on all supported languages. Pricing for AHN’s on-demand content subscriptions starts at $25. Please contact AHN Sales (sales@allheadlinenews.com) for further details on pricing and supported languages.

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