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Taiwan stocks open higher after Wall Street rally

Taiwan stocks open higher after Wall Street rallyTaipei - Taiwan stocks opened higher Wednesday after Tuesday's big Wall Street rally.

After the Taipei stock market opened at 9 am, the benchmark TAIEX quickly surged as much as 7 per cent higher. One hour into trading, TAIEX eased to 4,536.17, still up 136.2 points, or 3.1 per cent, from Tuesday's closing figure.

Analysts attributed the TAIEX surge to Tuesday's rally on Wall Street.

Poland's Muslims thrive in tiny community

Warsaw - Warsaw's only mosque lies in a quiet suburb and hardly stands out from the surrounding homes with its arched brick entrance.

But inside, the mosque serves as the spiritual center for Warsaw's tiny Muslim community: many slowly made their homes in an overwhelmingly Roman Catholic nation, and a few can trace their Polish roots back for centuries.

Prayer services in Warsaw on Friday can draw up to 300 people. There are Arabic lessons on Saturdays, a halal food store next door and an Islamic Cultural Center that offers booklets on Islam translated to Polish.

Workshop on disaster reduction to begin today

Workshop on disaster reduction to begin todayNew Delhi, Oct 29 : The first partnership development workshop under the Global Facility for Disaster Reduction and Recovery (GFDRR) South-South Cooperation Programme will be held here today. 

The workshop will be hosted by the Ministry of Home Affairs and the World Bank. 

GFDRR South-South Cooperation Programme is a major initiative to facilitate collaboration among low and middle-income countries to mainstream disaster risk reduction and recovery into the development planning and programming. 

Limitless invites contracts for second phase of 11 billion dollars Arabian Canal

Nicosia, Oct 29 : Real Estate Developer Limitless, part of the Dubai World Conglomerate, has invited construction firms to submit bids for the second phase of earthworks on the 11 billion dollars Arabian Canal project. 

The contract involves the excavation of about 300 million cubic meters of earth along an 8.5 kilometre stretch of the canal’s route.

The 75 km-long Arabian Canal waterway, which will be up to 150 metres wide and six meters deep, will start near the Dubai Marina area, flowing inland around the planned Jebel Ali International Airport and will enter the sea once again at the outer end of the Palm Jebel Ali. 

US stocks soar despite depressing economic data

US stocks soar despite depressing economic dataWashington - US stock indices surged by near-unprecedented levels on Tuesday, brushing aside news that consumer confidence dipped to a record low as some investors acting on a belief that markets may be bottoming out.

Gains of more than 10 per cent by the blue-chip Dow Jones Industrial Average and the broader Standard & Poor's 500 followed strong stock gains earlier in the day in Europe and Asia. The Dow posted its second-largest point gain in history.

Danish police use teargas to disperse protesters in Copenhagen

Copenhagen - Danish police used teargas Tuesday evening to disperse protesters who threw stones, bottles and other missiles at them, news reports said.

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