Sunday, February 17, 2013

seenewstoday.com : Top News updates

Nikkei nears 33-month high after Japan escapes G20 criticism
Men walk past logos at the Tokyo Stock Exchange in TokyoTOKYO (Reuters) – Japan's Nikkei share average jumped 2.3 percent in early trade on Monday, with exporters and banks leading the pack after the yen softened on the G20's decision not to single out Japan for undertaking policies t hat have weakened its currency. The Nikkei added 254.32 points to 11,429.15, with financials and real estate contributing to the benchmark's gains as investors bet that the G20's apparent approval of Japan's reflationary policies will help spur economic recovery. The benchmark is now just 0.6 percent away from the 33-month high it struck on February 6 of 11,498,42. …


Marchand's third-period goal lifts Boston Bruins over Winnipeg Jets 3-2
WINNIPEG – Brad Marchand's goal 36 seconds into the third period was the game-winner as the Boston Bruins defeated the Winnipeg Jets 3-2 on Sunday.


Egypt pound will not collapse: presidential aide
Traders work at the Egyptian stock exchange in CairoCAIRO (Reuters) – The Egyptian pound will not collapse and its incremental depreciation has stabilized, a senior aide to Islamist President Mohamed Mursi said on Sunday. Essam Haddad, Mursi's deputy chief of staff and foreign policy adviser, told Reuters in an interview that he did not expect the pound to fall further after it lost more than 8 percent against the dollar since the start of the year. "I think it has reached a level of stability," he said. "So as long as it (depreciation) is going incrementally and in a way that is market-sensitive, then there is no harm in this," Haddad said. …


Ecuador's Correa breezes to 2nd re-election
Ecuador's President and candidate for re-election Rafael Correa, top right, and vice presidential candidate Jorge Glass, top left, accompanied by relatives, celebrate after presidential elections in Quito, Ecuador, Sunday, Feb. 17, 2013. Although official results had still not been released, Correa celebrated his second re-election as Ecuador's president after an exit poll showed him leading by a wide margin. (AP Photo/Martin Jaramillo)QUITO, Ecuador (AP) -- President Rafael Correa, a dynamic leftist who has championed Ecuador's lower classes with generous social spending but faced wide rebuke as intolerant of dissent, coasted to a second re-election on Sunday.


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