News

March 31, 2011

Timothy Geithner seeks uniform exchange rate policy

US Treasury Secretary Timothy Geithner has kicked off the G20 meeting in Nanjing with a call for more consistency…

March 31, 2011

Australian dollar hits 29-year high on commodity demand

The Australian dollar has risen to a 29-year high against the US dollar as demand for the country's commodities continues to grow. It rose as high as $1.0318 in trading on Wednesday, the highest since the currency was freely floated in 1983. There…

March 31, 2011

American Airlines cuts flights to Japan as demand falls

American Airlines is reducing the number of flights to Japan as travel demand to the country continues to fall. The airline said it will suspend two of its six daily flights to Japan from April 6. Other international airlines like Delta and Qantas…

March 31, 2011

Japan to scrap stricken nuclear reactors

Japan is to decommission four stricken reactors at the quake-hit Fukushima nuclear plant, the operator says. Tokyo Electric Power (Tepco) made the announcement three weeks after failing to bring reactors 1 - 4 under control. Locals would be…

March 31, 2011

Japan Sees No Immediate Need for Wider Nuclear Evacuation Zone

Japanese officials said Thursday they have no immediate plans to widen the evacuation area…

March 31, 2011

Ivory Coast Rebels Now Control Official Capital

Forces opposed to incumbent Ivory Coast President Laurent Gbagbo have seized the country's official capital, Yamoussoukro, although Gbagbo forces still control the main seat of power in Abidjan. A spokeswoman for the New Forces rebels, who support…

March 31, 2011

Libya foreign minister ‘defects’

Libyan Foreign Minister Moussa Koussa is in Britain and "no longer willing" to work for Colonel Muammar Gaddafi's regime, the UK Foreign Office says. He flew in from Tunisia on a non-commercial flight and was questioned for several hours by…

March 31, 2011

Mathew Knowles on Beyonce’s Departure: ‘Business Is Business, Family is Family’

Beyonce's father Mathew Knowles has issued a statement regarding her departure from his…

March 31, 2011

Legendary Rapper Play of Kid-N-Play Hosts Holy Hip Hop Awards

Rapper Christopher "Play" Martin of the revered Hip-Hop group Kid-N-Play will host the 11th Annual Holy Hip Hop Awards next month in downtown Atlanta, Georgia. Play will join co-host eDDie Velez in hosting the The Holy Hip Hop Awards, which will…

March 31, 2011

Jim Jones Arrested In NY For Driving With A Suspended License

Rapper Jim Jones was released from police custody after being arrested in New York City for driving with a suspended license. TMZ.com reports that Jones was busted today (March 30th) for driving his 2011 Bentley in the bus lane with a suspended…