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Yichang, Muharram 1, 1436, Oct 25, 2014, SPA -- Five people were killed after an oil tank truck exploded in central China's Hubei Province, local authorities said on Saturday. Three others...

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Washington, Jumada I 3, 1434, Mar 15, 2013, SPA -- U.S. stocks closed down Friday, as the Dow ended modestly lower following a surprise drop in a measure of consumer confidence.
In U.S. economic news, the Thomson Reuters/University of Michigan index of consumer sentiment for March unexpectedly fell, raising worries about the impact of higher income tax rates on household spending. The Bureau of Labor Statistics said the consumer price index (CPI) rose 0.7 percent last month, driven mainly by a spike in energy prices. CPI was expected to have risen 0.5 percent, according to a Briefing.com consensus, but the annual inflation rate is still just 2 percent, within the range that the Federal Reserve (Fed) finds to be comfortable. Also, industrial production rose more than expected in February, after being flat in the prior month, according to the Fed.
In international economic news, European Union officials agreed to give Portugal more time to meet targets for reducing its debt. Japanese Parliament confirmed the appointment of Haruhiko Kuroda as Bank of Japan governor, raising expectations of swift monetary easing.
In corporate news, Bank of America shares rose after it announced plans to repurchase $10.5 billion of common stock and preferred shares. Wells Fargo said it would increase its quarterly dividend payment to 30 cents per share, starting in the second quarter. J.P. Morgan and Goldman Sachs both dipped after the Fed approved their capital plans, but with conditions attached. Shares of BB&T, one of only two banks to have its capital plans rejected, also fell.
The dollar weakened against the euro, the pound, and the yen. Light sweet crude oil for April delivery gained 42 cents to $93.45 a barrel on the New York Mercantile Exchange. Gold futures moved up $1.90 to $1,592.60 an ounce.
The Dow Jones industrial average dropped 25.03, or 0.17 percent, to 14,514.11. The broader Standard & Poor’s 500 index lost 2.53, or 0.16 percent, to 1,560.70. The technology-heavy Nasdaq composite index fell 9.86, or 0.30 percent, to 3,249.07.

--SPA
23:34 LOCAL TIME 20:34 GMT
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Yichang, Muharram 1, 1436, Oct 25, 2014, SPA -- Five people were killed after an oil tank truck exploded in central China's Hubei Province, local authorities said on Saturday. Three others were injured in the accident that happened Friday night in Zigui County, Xinhua quoted the county...
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Abu Dhabi, Muharram 1, 1436, Oct 25, 2014, SPA -- The UAE strongly condemned the terrorist, atrocious attack committed by criminal elements in Egypt's Sinai Peninsula Friday and emphasized its full support for sisterly Egypt and its Armed Forces. ''This cowardly act and heinous...
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Riyadh, Muharram 01 , 1436,October 25 , 2014, SPA -- Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense, has sent a cable of congratulations to President Heinz Fischer of Austria on the anniversary of his country's National Day. In his cable, the Crown Prince...
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Riyadh, Muharram 01, 1436, October 25, 2014, SPA -- Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud has sent a cable of congratulations to President Heinz Fischer of Austria on the anniversary of his country's National Day. In his own name and on behalf of the people...
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Sana'a, Muharram 1, 1436, Oct 25, 2014, SPA -- Yemen's Acting Prime Minister and Deputy Prime Minister and Minister of Electricity Abdullah Al-Akwa'a has met with World Food Programme (WFP) Regional Director Mohamed Diab. During the meeting, they discussed the WFP's support...
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