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Japan stocks rise on steady US futures

The Japanese stocks gained marginally on stable US equity-index futures in the first session of the last trading week of 2015. Ending its longest run of weekly losses in the past two years, the Topix index also moved up. Samsung Group stocks weighed on South Korea's Kospi index pulling it lower.

Dec 29, 2015 08:23 AM EST


Colombia Claim Spanish Treasure Ship Sunk in 1708

San Jose, the jewel of Spanish crown sunk in 1708 in Colombia coast. After years of claim with American group, Colombia recently announced that it has found the shipwreck last month.

Dec 28, 2015 10:24 PM EST


Iran exports news halts 3-week run of price rise for oil

The trouble-hit Iran has reiterated that it'll take the exports to the pre-sanctions level after the sanctions are lifted. This has curbed the three-week streak of oil price rise. The oil price rose encouraging for the first time since April.

Dec 28, 2015 09:21 PM EST


Wrong Direction: Malaysian Airlines flight took a detour

Malaysian Airlines flight from Auckland to Kuala Lumpur flew in a slight detour during their christmas day flight. No accident occur during the event as the pilot managed to inform the ground control and stay under the radar all the time.

Dec 28, 2015 09:26 PM EST


Texas Cuts Funding for F1 Racing, But FIA Wants More Race in U.S.

Texas governor cut the funding to Formula One race in its state. On the other hand, the Formula One governing body wishes to have more race in U.S.

Dec 28, 2015 10:02 PM EST


Sweden is the first country to become cashless society

Banknotes will soon be eliminated and Sweden will be the first country to become a cashless society. Although, a lot of the country's banks no more accept or dispense cash, this move toward a digital economy seems not advisable since there are risks included using apps and cards as a mode of payment

Dec 31, 2015 05:45 AM EST


Afghanistan is Still The World's Largest Opium and Heroin Producer

Afghanistan is still the largest producer of opium in the world. Area where Taliban has a strong presence has been the main supplier for the world's opium.

Dec 28, 2015 04:14 AM EST


China passes new controversial anti-terrorism law

China’s legislature passed a controversial new anti-terrorism law that allow the government to request for sensitive information from technology firms. Among the information that could be requested includes encryption keys for individual data.

Dec 28, 2015 04:03 AM EST


Mexico's Pemex to slash down jobs in 2016

Mexico state-run oil major Petroleos Mexicanos (Pemex) may reduce jobs in 2016 as part of its restructuring plan. The company is keen on making partnerships along the production chain. Pemex may tap private capital for funding the business strengthening operations.

Dec 26, 2015 08:19 PM EST


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