IBT Staff Reporter

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Who are Thailand's red shirts?

Thousands of red-shirted anti-government protesters massed on Monday by a military base in Bangkok where the premier has his temporary headquarters, as he resisted their demands for fresh elections.

Protesters push for polls as Thai tensions build

Tens of thousands of protesters pressed ahead with a mass street rally in Bangkok on Monday after Thai Prime Minister Abhisit Vejjajiva rebuffed their demand for elections at a time of heightened political tension.

Netanyahu defies U.S. over Jerusalem settlement

Prime Minister Benjamin Netanyahu rejected on Monday any curbs on Jewish settlement in and around Jerusalem, defying Washington in Israel's deepening crisis with U.S. President Barack Obama's administration.

Canada home resales cool for 2nd straight month

Sales of existing homes in Canada dipped for a second straight month in February, but remained high on a year-over-year basis, as the market may be moving into more balanced conditions, data showed on Monday.

U.S. builder confidence slips in March

U.S. home-builder sentiment fell unexpectedly in March, hit by lack of credit for new projects and a flood of foreclosed properties, the National Associati 536870913 1869488239

Australians politicians urged to act on obesity and climate change

Australians politicians must act quickly to combat the rise of obesity and its life-threatening disease consequences, and the global climate changes' great threats to health, based on a letter published in the Medical Journal of Australia, a publication of the Australian Medical Association.

EU executive to put Greek plan to finance ministers

The European Union's executive said on Monday it was ready to propose a framework that could be used to aid Greece, despite signs of continuing reluctance from France and Germany to make concrete commitments.

Ex-AIG employees might sue over lower payouts

Several former American International Group Inc employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday.

Merck blood thinner appears safe, effective

(Reuters) - An experimental blood thinner being developed by Merck & Co from a new class of drugs appeared to be safe and effective in a mid-stage study that compared three doses against widely used warfarin in patients with atrial fibrillation.

Boston Scientific suspends all ICD sales

Boston Scientific Corp on Monday said it was suspending all sales of its implantable heart defibrillators after it failed to notify regulators of changes in how it manufactures the devices.

Diamond industry glitters in India

According to a report on Idex Online by CHAIM EVEN-ZOHAR, 2009 was probably the best year in a decade for India's diamond industry. In terms of polished diamond exports, India's $15.16 billion in 2009 was only 1.7 percent below the $15.42 billion of the 2008 calendar year. Measured in polished carats, the volume of exports was actually up some 13 percent, reaching a staggering 51.9 million carats.

China Feb crude steel output hits 50.63 mln tons

China's National Bureau of Statistics on Monday said country's crude steel output was 50.36 million tons in February, 22.5% more than in the same month of last year, but 4.1% less than in the 52.53 million tons produced in January.

2010, year of base metals

Last year was dedicated to gold, and 2010 seems to be the year of base metals. According to analysts, prices for aluminium, copper, nickel, lead and zinc are all set to outsmart gold prices this year as industrial demand for these base metals from emerging economies increases. Chin and India are expected to play as the catalyst for base metals prices as these economies will see a huge increase in industrial growth this year.

Gold craze may cool down in India

Last week saw gold prices sliding continuously for 8 days in Delhi bullion market, a record of sorts during the past 4 years. This has made people think that the gold prices are cooling down. Gold prices internationally are at $1,100/oz - just a shade below the all time high seen in January 2010. As an asset, gold has given strong returns over the past five years - especially as other assets faltered during the recession. However, with the world economy seemingly on the mend, it may be time for ...

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