Dollar at seven-year high against yen

The dollar rose to seven-year highs against the Japanese yen on Wednesday after the Federal Reserve meeting released minutes contained no big surprises to make investors change their bets that the U.S. economy will keep strengthening. Fed policy makers wrestled with whether to nod to financial market volatility and a weakening global economy in their […]

Saudi Arabia bans Brazil beef imports on mad cow doubts

Saudi Arabia has suspended imports of Brazilian beef, Brazil’s agriculture ministry said on Tuesday, and became the largest country to stop purchases after confirmation of a 2010 case of atypical mad cow disease. The decision, confirmed by a ministry press official in Brasilia

Lebanon to host next year’s 27th FIBA Asia Championship

TOKYO, Japan (27th FIBA Asia Championship): The FIBA Asia Executive Committee on Wednesday decided to award the hosting rights of the 27th FIBA Asia Championship to West Asian nation Lebanon. The 27th FIBA Asia Championship to be played in 2013 is also the qualifying event for the 2014 FIBA World Cup

Lebanon beats Iran 1-0 , wins 2014 WCup qualifers

Lebanon stunned Iran 1-0 to get its campaign on track and South Korea managed a 2-2 draw against Uzbekistan to extend its lead in Group A. Japan took a significant stride toward a place at the 2014 World Cup by beating Iraq 1-0 on Tuesday, extending its commanding lead in Group B of Asian qualifying.