Manila - Philippine share prices rose 4.62 per cent on Friday as investors snapped up undervalued stocks.

The Philippine Stock Exchange's 30-share composite index gained 86.16 points to close at 1,951.09 points from Thursday's finish of 1,864.93.

A total of 1.78 billion shares valued at 3.10 billion dollars (63.26 million dollars) were traded.

Gainers outpaced losers 99 to 16, while 32 issues were unchanged.

Washington, Oct 31: The Hubble space telescope has detected a pair of gravitationally interacting galaxies that appear to mark the number ten.

The galaxies, called Arp 147, were observed by Hubble’s Wide Field Planetary Camera 2 (WFPC2).

The left-most galaxy, or the “one” in the image, is relatively undisturbed apart from a smooth ring of starlight. It appears nearly on edge to our line of sight. The right-most galaxy, resembling a zero, exhibits a clumpy, blue ring of intense star formation.

The blue ring was most probably formed after the galaxy on the left passed through the galaxy on the right.

Indian equities opened strongly on the back of positive global cues.

IT, FMCG and oil & gas stocks gained ground. BSE Midcap and Smallcap index rose more than 2% each.

The US Federal Reserve slashed bank rates by 50 basis points on Wednesday (Oct 29), and many other central banking institutions are likely to follow suit sooner than later.

The inflationary figures declined to 10.68% for the week ended October 18, as compared with 11.07 per cent for the previous week. The annual rate of inflation was 3.11 per cent in the corresponding period a year ago.

Sydney - A German doctor serving in a country town has been told to leave Australia because the possible cost to the state of looking after his 13-year-old disabled son.

Bernard Moeller, the only doctor at a small hospital in rural Victoria, has been on a temporary visa since arriving in 2005 and had hoped to gain citizenship and make a new life in Australia with his wife and child.

Melbourne, Oct 31 : Popstar Madonna has reportedly spoken to estranged hubby Guy Ritchie for the first time in weeks, after making a desperate late-night phone call to him in a bid to settle their divorce amicably.

The 50-year-old singer, who raises three children with Guy, was reportedly encouraged to contact her estranged spouse by her Kabbalah spiritual leader Rabbi Berg.