Word: eighting
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...November low earlier in the week but finished the day higher. Thursday's close below the November low is to some a confirmation of the market's bearish trend, implying lower prices ahead. The Dow index, which finished the day at 7465.79, is down 10% over the last eight trading days, and is also at a new five-year low. (See the top 10 Dow Jones drops of all time...
...home in Bangkok, and many of the drivers' hands are dirty. Not from urban grime or motor oil, but from newsprint. Fueled by a growing literacy rate and press reforms in some parts of the continent, Asia is enjoying what may be the world's last great newspaper boom. Eight of the world's 10 biggest paid-for daily newspapers are printed in Asia, according to the World Association of Newspapers (WAN). The largest national newspaper markets? China, India and Japan. (The U.S. is a distant fourth...
When western diplomats seek concessions from Iran, they typically dish out tough rhetoric and threaten sanctions. Neil MacGregor, the cherub-faced director of the British Museum, uses a more refined arsenal: cultural relics and priceless artifacts. In January, MacGregor traveled to Tehran to finalize the loan of treasures from eight of Iran's best museums. In exchange, he promised to loan the National Museum of Iran the Cyrus Cylinder, a 2,500-year-old clay cylinder inscribed with decrees from the Persian emperor Cyrus the Great. Following a request by the Iranian Vice President's office, he also vowed...
...Washington Obama's Diplomatic Globetrotters When it comes to foreign policy, the new Administration hasn't wasted much time. On her first trip outside the U.S. as Secretary of State, Hillary Clinton is hitting four Asian countries in an eight-day sprint--the latest high-profile figure to be the face of America abroad. (The President's first foreign destination: Canada...
...creations of Dutch-born abstract painter Piet Mondrian. Seven years later, Saint Laurent and his then companion and lifelong business partner Pierre Bergé would buy the first of three Mondrian paintings as they began building one of the great art collections of modern times. On Feb. 23-25, eight months after Saint Laurent's death at age 71, Christie's will sell off the pair's entire collection - paintings and sculptures, antiquities and furniture - in an unprecedented auction at Paris' Grand Palais. Despite the economic crisis, experts say the rarity and quality of the works virtually ensures the sale...