Zuckerberg denies Meta bought rivals to conquer them

Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close.The case could see the Facebook owner forced to divest itself of the two apps, which have grown into global powerhouses since their buyouts.During his third and final day on the stand in a federal courtroom in Washington, Zuckerberg took aim at the Federal Trade Commission’s main argument — that Facebook, since renamed Meta, devoured what it saw as competitive threats.The co-founder of Facebook responded “No” when asked by Meta attorney Mark Hansen if his intent was to eliminate rivals with the purchases of photo sharing app Instagram and messaging service WhatsApp.He explained that Instagram, purchased in 2012, was attractive for “its camera and photo sharing experience” but added that he “didn’t view it as a broad network really competitive with where we were.”As for WhatsApp, bought two years later, Zuckerberg testified that he saw the app as technically impressive but its founders as “unambitious” in terms of “maximizing the impact that they could potentially have.””I basically ended up pushing to add things,” he told the court.Zuckerberg testified that Facebook put its scale and resources to work building Instagram and WhatsApp into apps now used by billions of people.Former Meta chief operating officer Sheryl Sandberg testified after Zuckerberg, echoing much of what he told the court.Meta has had to take on an array of rivals including internet colossus Google as internet competition has become increasingly competitive, according to Sandberg.”Every time you go on your computer or phone, you have a choice of what you spend your time on,” Sandberg said.”That’s what all these producers are competing for: your time and attention.”- TikTok as new threat -A key part of the courtroom battle is how the Federal Trade Commission convincingly defines Meta’s market for the judge.The US government argues that Facebook and Instagram are dominant players in apps that provide a way to connect with family and friends, a category that does not include TikTok and YouTube.Meta’s defense attorneys counter that substantial investments transformed these acquisitions into the blockbusters they are today. They also highlight that Meta’s apps are free for users and face fierce competition.The case was originally filed in December 2020, in the last days of President Donald Trump’s first administration.Zuckerberg, the world’s third-richest person, has made repeated visits to the White House as he has tried to persuade the president to choose settlement instead of fighting the trial.As part of his lobbying efforts, Zuckerberg contributed to Trump’s inauguration fund and overhauled content moderation policies. He also purchased a $23 million mansion in Washington in what was seen as a bid to spend more time close to the center of political power.Zuckerberg wrapped some 12 hours of testimony on Wednesday with an assessment of TikTok, which he said has emerged as perhaps the biggest competitive threat for Instagram and Facebook.Meta has seen the growth of its apps slow as the China-based video-snippet sharing sensation has boomed, so the US tech titan added a TikTok-like Reels feature to fire back in the marketplace, according to Zuckerberg.”That said, TikTok is still bigger than either Facebook or Instagram, and I don’t like it when our competitors do better than us,” he told the court.And as video has evolved into a favorite form of online media, particularly on smartphones, YouTube has become serious competition for Meta, the chief executive testified.

None spared in Nigeria gun, machete massacre: survivorsWed, 16 Apr 2025 22:39:42 GMT

People were hacked to death with machetes. Gunfire erupted everywhere, seemingly at random. No one was spared, including a nine-month-old baby.Two attacks in as many weeks in Nigeria’s Plateau state have left more than 100 people dead in a region known for intercommunal conflict and land disputes between herders and farmers.But the back-to-back massacres — …

None spared in Nigeria gun, machete massacre: survivorsWed, 16 Apr 2025 22:39:42 GMT Read More »

US judge says ‘probable cause’ to hold Trump admin in contempt

A US judge said Wednesday he had found “probable cause” to hold President Donald Trump’s administration in contempt in a deportation case, raising the stakes in the White House’s confrontation with the justice system.The White House said it planned an “immediate” appeal to the decision by District Judge James Boasberg, who had ordered the government to halt flights of more than 200 alleged gang Venezuelan members to El Salvador.Boasberg issued a temporary restraining order on March 15 to halt the deportations, which were carried out under an obscure wartime law, the 1798 Alien Enemies Act, which strips away the usual legal due process.In a written opinion, the judge cited evidence that the government had engaged in “deliberate or reckless disregard” of his order when it proceeded with the flights.”Defendants provide no convincing reason to avoid the conclusion that appears obvious… that they deliberately flouted this Court’s written Order and, separately, its oral command that explicitly delineated what compliance entailed,” he wrote.The administration’s actions were “sufficient for the court to conclude that probable cause exists to find the government in criminal contempt,” Boasberg wrote.The judge said the government would be offered a final chance to “purge such contempt” or face further court action.Since his return to the White House in January, Trump has flirted with open defiance of the judiciary following setbacks to his right-wing agenda, with deportation cases taking center stage.”We plan to seek immediate appellate relief,” White House Communications Director Steven Cheung said in a statement after the judge’s ruling.”The President is 100 percent committed to ensuring that terrorists and criminal illegal migrants are no longer a threat to Americans and their communities across the country.”- ‘Administrative error’ -In invoking the Alien Enemies Act — which had only been used previously during the War of 1812, World War I and World War II — Trump said he was targeting transnational gangs he had declared foreign terrorist organizations.That included the Venezuelan group Tren de Aragua, but lawyers for several of the deported Venezuelans have said that their clients were not gang members, had committed no crimes and were targeted largely on the basis of their tattoos.Trump has routinely criticized rulings that curb his policies and power, and attacked the judges who issued them, including Boasberg.The Republican president said Wednesday that US courts are “totally out of control,” writing on his Truth Social platform: “They seem to hate ‘TRUMP’ so much, that anything goes!”His administration is also under fire over its admission that Kilmar Abrego Garcia, who was living in the eastern state of Maryland and married to a US citizen, was deported to a notorious prison in El Salvador due to an “administrative error.”A judge has ordered Trump to “facilitate” his return, an order upheld by the Supreme Court, but his government has said the court did not have the authority to order it to have him returned.Trump has alleged that Abrego Garcia is “an MS-13 Gang Member and Foreign Terrorist from El Salvador,” while Press Secretary Karoline Leavitt claimed that he was “engaged in human trafficking.” The man has never been charged with any crimes.

Présidentielle en Côte d’Ivoire: le principal parti d’opposition vote pour Thiam candidat

La course à la présidentielle s’accélère en Côte d’Ivoire à six mois du scrutin: Tidjane Thiam, ancien ministre et banquier international, devait être élu candidat du principal parti d’opposition, lors d’une convention mercredi à laquelle il était le seul à se présenter.Les résultats devaient être proclamés dans la soirée, même si le suspense est quasiment nul, M. Thiam étant l’unique candidat. Mais la proclamation a été repoussée à jeudi 16H00 (même heure GMT). La mobilisation constitue l’enjeu principal.M. Thiam, actuellement hors du pays, est bousculé par une polémique sur sa nationalité. Plus largement, des tensions émergent dans le paysage politique, notamment liées à l’inéligibilité de trois opposants, dont l’ancien président Laurent Gbagbo.Plusieurs milliers de militants du Parti démocratique de Côte d’Ivoire (PDCI) – seulement des membres d’organes décisionnaires ou des responsables de sections – étaient appelés à glisser leur bulletin dans quelque 400 bureaux installés dans le pays.Vers 13H00 GMT, le siège du PDCI situé dans le quartier abidjanais de Cocody, était animé. La façade était parée de grandes affiches à l’effigie de Tidjane Thiam et la salle principale, où se déroule le vote, était décorée aux couleurs vertes du parti.  Selon Germaine Touré, une secrétaire de section, l’élection de Thiam rendra “plus facile” le travail sur le terrain, notamment dans les villes reculées: les personnes abordées sauront ainsi que “le PDCI a un candidat”.L’ancien ministre du Commerce et actuel député Jean-Louis Billon, également candidat déclaré à la présidentielle, ne s’est finalement pas aligné dans la bataille, dénonçant auprès de l’AFP les modalités d’organisation de la convention.Mercredi soir, sur la télévision Live TV, il a de nouveau dénoncé une “convention convoquée de façon irrégulière” et martelé que “personne ne peut gagner seul”.La campagne de Tidjane Thiam est d’autre part parasitée depuis plusieurs semaines par une polémique concernant sa nationalité. Né en Côte d’Ivoire, il a acquis la nationalité française en 1987 et y a renoncé en mars dernier, afin de se présenter à la présidentielle, scrutin pour lequel un candidat ne peut être binational.  Mais selon ses détracteurs, l’acquisition d’une autre nationalité l’a automatiquement déchu de sa nationalité ivoirienne, en vertu de l’article 48 du code de la nationalité, datant des années 1960.Le PDCI a dénoncé des “manÅ“uvres” du pouvoir afin d’empêcher M. Thiam d’être candidat.Pour le politologue Geoffroy Kouao, M. Thiam n’est pas “bien connu des Ivoiriens” et “le PDCI doit redoubler d’efforts en termes de communication politique et de rencontres”.Le chef du PDCI, âgé de 62 ans, a été absent du pays pendant plus de 20 ans pour une carrière à l’étranger à la tête de grandes entreprises financières Aviva, Prudential ou Credit Suisse.- “Escalade verbale” -En parallèle, des tensions montent dans l’opposition, qui multiplie les meetings.Trois figures politiques ont affirmé leur intention d’être candidates à la présidentielle, mais sont inéligibles en raison de condamnations judiciaires.Il s’agit de l’ancien président Laurent Gbagbo (2000-2011), investi par le Parti des peuples africains – Côte d’Ivoire (PPA-CI), de son ancien bras droit Charles Blé Goudé, et de l’ancien Premier ministre et ex-chef rebelle Guillaume Soro, en exil. Mardi, M. Soro a publié une photo sur les réseaux sociaux le montrant à Accra, au Ghana.Leur nom n’apparaît pas sur la liste électorale provisoire, dont la version définitive sera publiée en juin.En outre, le PDCI de Thiam et le PPA-CI de Gbagbo ont annoncé suspendre leur participation à la Commission électorale indépendante (CEI), en dénonçant le manque d’indépendance de cet organe chargé d’organiser les élections.Le parti au pouvoir, le Rassemblement des Houphouëtistes pour la démocratie et la paix (RHDP), a répondu qu’il “n’entend pas se laisser distraire par tout ce vacarme orchestré par une opposition qui, en réalité, a peur des élections”, a déclaré le ministre d’Etat et porte-parole du parti Kobenan Kouassi Adjoumani.”Le scrutin du 25 octobre est mal parti”, estime Geoffroy Kouao: “On assiste à une escalade verbale entre les acteurs politiques”.Parmi les personnalités éligibles, se sont déclarés candidats l’ex-Premier ministre Pascal Affi N’Guessan et l’ancienne Première dame Simone Ehivet Gbagbo.De son côté, le président Alassane Ouattara, 83 ans, n’a pas indiqué s’il comptait ou non briguer un quatrième mandat mais s’est dit en janvier “désireux de continuer à servir son pays”.Le parti au pouvoir a déclaré être “dans l’attente de la publication de la liste (électorale) définitive”, en juin, “pour engager la bataille du parrainage de son candidat”.

El Salvador rejects US senator’s plea to free wrongly deported migrant

A Democratic senator said Wednesday that El Salvador had denied his request to release a US resident whose wrongful deportation triggered a political firestorm over President Donald Trump’s hard-line immigration policies.Chris Van Hollen said he had also been refused a visit or phone call with Kilmar Abrego Garcia, who is imprisoned in his native country despite a US federal judge’s order, backed by the Supreme Court, for his return to the United States.The White House condemned Van Hollen’s trip to the Central American country and invited the mother of a woman killed by another migrant from El Salvador — but in an unrelated case —  to speak as a “special guest” at a hastily arranged news briefing.Van Hollen said he had asked Vice President Felix Ulloa when they met why Abrego Garcia was still locked up in the notorious Terrorism Confinement Center (CECOT) if he had committed no crime and El Salvador had no evidence that he was a member of street gang MS-13.”His answer was that the Trump administration is paying El Salvador, the government of El Salvador, to keep him at CECOT,” Van Hollen, who represents Abrego Garcia’s home state of Maryland, told reporters during a visit to the Central American nation.The Trump administration has paid President Nayib Bukele’s administration several million dollars to keep deportees in detention.”I’m asking President Bukele… to do the right thing and allow Mr Abrego Garcia to walk out of prison, a man who’s charged with no crime, convicted of no crime, and who was illegally abducted from the United States,” Van Hollen said.A legal US resident, Abrego Garcia was protected by a 2019 court order determining that he could not be deported to El Salvador, but he was sent there around a month ago.The Trump administration has admitted an “administrative error” and has been ordered by the Supreme Court to “facilitate” the 29-year-old father’s return.But the White House — pressed on what action it was taking to remedy its error in lower court hearings — has not announced any efforts toward Abrego Garcia’s return.Bukele said during a White House visit on Monday he did not have the power to return Abrego Garcia to the United States. – ‘Protecting our children’ -The Trump administration has mounted an increasingly aggressive pushback, accusing Abrego Garcia of gang links and domestic violence without providing any conclusive evidence.White House Press Secretary Karoline Leavitt on Wednesday brought out Patty Morin of Maryland — whose daughter Rachel was beaten, raped and strangled in an unrelated 2023 case in which the Salvadoran murderer had been deported three times — to speak at a briefing.”This is about protecting our children. It’s more than just politics or votes or just anything,” Morin told journalists. Leavitt slammed the “appalling and sad” visit by the Democratic senator and accused him and the media of prioritizing Abrego Garcia’s case over that of Rachel Morin’s.US Attorney General Pam Bondi meanwhile released what she called “additional information” including a police report that said his Chicago Bulls baseball cap indicated he was an MS-13 member.He denies gang membership and has never been charged with crimes in either country.But Trump’s critics have warned that his defiance of the courts has placed the country on the cusp of a constitutional crisis.”It’s a short road from there to tyranny,” Van Hollen said earlier.The issue has become a growing policial football.West Virginia Republican congressman Riley Moore posted on X Tuesday that he had also traveled to El Salvador to see the prison where immigrants deported by the Trump administration are being held.He declared himself supportive of Trump’s actions, however.Another Democratic senator, Cory Booker, and two Democratic members of the House of Representatives are also mulling a trip to the country.burs-dk/tgb

Trump tariffs provoke growing economic uncertainty

Concern over the economic fallout from US President Donald Trump’s global tariffs mounted Wednesday, with Fed Chair Jerome Powell’s warning of higher inflation sending stock markets tumbling.Trump remained upbeat, posting on social media that there’d been “Big Progress!” in talks with Japan on a trade deal.He is banking that his strategy, in which tariffs are meant to lead to multiple individual country agreements, will lower barriers to US products and shift global manufacturing to the United States.But those negotiations are running parallel to a deepening confrontation with top US economic rival China — and concern over widespread disruption.Powell said tariffs are “highly likely” to provoke a temporary rise in prices and could prompt “more persistent” increases.He also noted the “volatility” on the markets in a “time of high uncertainty.”That volatility was visible on Wall Street where the Nasdaq at one point plummeted more than four percent, the S&P more than three percent and the Dow Jones more than two.Leading the downward charge was Nvidia, which momentarily dropped more than 10 percent after disclosing major costs due to new US export restrictions on semiconductors imposed as part of Trump’s tussle with China.World Bank chief Ajay Banga echoed Powell, telling reporters that, “uncertainty and volatility are undoubtedly contributing to a more cautious economic and business environment.”- China says ‘no winner’ -While the rest of the world has been slapped with a blanket 10 percent tariff, China faces levies of up to 145 percent on many products. Beijing has responded with duties of 125 percent on US goods.”If the US really wants to resolve the issue through dialogue and negotiation, it should stop exerting extreme pressure, stop threatening and blackmailing, and talk to China on the basis of equality, respect and mutual benefit,” Chinese Foreign Ministry spokesman Lin Jian said.”There is no winner in a tariff war or a trade war,” Lin said, adding: “China does not want to fight, but it is not afraid to fight.”China said on Wednesday that it saw a forecast-beating 5.4 percent jump in growth in the first quarter as exporters rushed to get goods out of factory gates ahead of the US levies.But Heron Lim from Moody’s Analytics told AFP the impact would be felt in the second quarter, as tariffs begin “impeding Chinese exports and slamming the brakes on investment.”World Trade Organization head Ngozi Okonjo-Iweala said the uncertainty brought by the tariffs “threatens to act as a brake on global growth, with severe negative consequences for the world, the most vulnerable economies in particular.”- Japan test case? -Ahead of the Japan talks, Trump posted on his Truth Social platform that he hoped “something can be worked out which is good (GREAT!) for Japan and the USA!”Japan’s envoy said he was optimistic of a “win-win” outcome for both countries.South Korea, a major semiconductor and auto exporter, said Finance Minister Choi Sang-mok would meet US Treasury Secretary Scott Bessent next week.”The current priority is to use negotiations… to delay the imposition of reciprocal tariffs as much as possible and to minimize uncertainty for Korean companies operating not only in the US but also in global markets,” Choi said on Tuesday.But Stephen Innes at SPI Asset Management called the discussions with Japan the “canary in the tariff coal mine.””If Japan secures a deal — even a half-baked one — the template is set. If they walk away empty-handed, brace yourself. Other nations will start pricing in confrontation, not cooperation,” he wrote in a newsletter.The Daiwa Institute of Research warned on Wednesday that Trump’s reciprocal tariffs could cause a decline of 1.8 percent in Japan’s real GDP by 2029.Although popular among Republicans, the tariffs war is politically risky for Trump at home. California Democratic Governor Gavin Newsom announced he was launching a new court challenge against Trump’s “authority to unilaterally enact tariffs, which have created economic chaos, driven up prices, and harmed the state, families, and businesses.”burs-sms/dw

Guerre commerciale: la directrice générale de l’OMC “très préoccupée”

L’incertitude autour du commerce mondial déclenchée par le président américain Donald Trump pourrait “avoir de sévères conséquences négatives”, en particulier pour les économies les plus vulnérables, a averti mercredi la directrice générale de l’OMC, Ngozi Okonjo-Iweala, qui craint un “découplage” commercial entre les Etats-Unis et la Chine.La suspension temporaire des droits de douane punitifs américains, sauf pour la Chine, atténue la contraction des échanges mais le recul du commerce mondial de marchandises pourrait atteindre jusqu’à 1,5% en volume en 2025, en fonction de la politique douanière de Donald Trump, selon les prévisions annuelles de l’Organisation mondiale du commerce.”Je suis très préoccupée”, a déclaré Mme Okonjo-Iweala lors d’une conférence de presse, indiquant que l’OMC s’attendait à un effondrement de 81% du volume commercial entre les Etats-Unis et la Chine. “L’incertitude persistante menace de freiner la croissance mondiale, avec de sévères conséquences négatives pour le monde, en particulier pour les économies les plus vulnérables”, a-t-elle ajouté dans un communiqué.- Oublier l’expansion -L’OMC s’attendait à une expansion continue du commerce mondial en 2025 et 2026. Mais l’organisation a revu sa copie face à la guerre commerciale.”Dans les conditions actuelles”, à savoir en prenant en compte la suspension annoncée par le président américain Trump de ses droits de douane colossaux contre le reste du monde, à l’exception de la Chine, “le volume du commerce mondial des marchandises devrait diminuer de 0,2% en 2025”, avant d’afficher une “reprise modeste” de 2,5% en 2026, selon l’OMC.Mais “il existe d’importants risques de détérioration, comme l’application de droits de douane réciproques et la propagation plus large de l’incertitude entourant les politiques, ce qui pourrait entraîner un recul du commerce mondial des marchandises encore plus marqué (de 1,5%) et nuire aux pays les moins avancés tournés vers l’exportation”.Dans les conditions actuelles, la baisse du commerce de marchandises “devrait être particulièrement marquée en Amérique du Nord, où les exportations devraient chuter de 12,6%” cette année, détaille l’OMC. Les importations de cette région devrait elles chuter de 9,6%.L’Asie devrait afficher une croissance “modeste” des exportations et des importations cette année (1,6% pour les deux), de même que l’Europe (1% pour les exportations et 1,9 % pour les importations).Les exportations de marchandises chinoises devraient augmenter de 4 à 9% dans toutes les régions hors Amérique du Nord, conséquence des perturbations des échanges entre les États-Unis et la Chine. Le rapport de l’OMC contient pour la première fois une prévision concernant le commerce des services, qui devrait augmenter de 4,0% en 2025, soit environ 1 point de pourcentage de moins que prévu.- Découplage -L’OMC table sur une croissance de 2,2% du Produit intérieur brut (PIB) cette année et de 2,4% l’année prochaine. Mme Okonjo-Iweala a fait part de ses vives inquiétudes face à la chute du commerce entre les Etats-Unis et la Chine, alors que les deux pays sont entrés dans une surenchère douanière. Même si leurs échanges “ne représentent qu’environ 3% du commerce mondial de marchandises, un découplage” de ces deux grandes économies “pourrait avoir des conséquences considérables”, a-t-elle averti, affirmant que cela pourrait “contribuer à une fragmentation plus large de l’économie mondiale” qui serait alors organisée “selon des lignes géopolitiques en deux blocs isolés”.Dans ce scénario, a-t-elle dit, “le PIB réel mondial serait réduit de près de 7% à long terme”, à savoir d’ici 2040.”Face à cette crise”, la cheffe de l’OMC considère que les pays “ont une occasion sans précédent d’insuffler du dynamisme à l’organisation”, en mettant notamment en oeuvre un processus de décision plus rapide. Elle appelle aussi, entre autres, à “favoriser des conditions de concurrence équitables” face aux différentes formes de subventions qui existent dans les pays.”Les États-Unis, comme vous le savez, sont très préoccupés par l’égalité des conditions de concurrence, tout comme l’UE” alors que “la Chine est préoccupée par les subventions agricoles”, a-t-elle cité en exemple.Elle appelle aussi le continent africain à “une plus grande autonomie” face à “l’aide internationale qui se tarit et au commerce mondial qui se politise”.

US stocks fall with dollar as Powell warns on tariffs

Wall Street traders were back in sell-off mode Wednesday while the dollar fell further as downcast comments from Federal Reserve Chair Jerome Powell added to weakness in semiconductor giant Nvidia.After a relatively peaceful couple of days on markets following tariff-related volatility last week, investors were once again on the defensive. Gold, a safe-haven asset in times of uncertainty, climbed above $3,300 an ounce for the first time.US equities opened lower, shrugging off solid retail sales data. But the market dropped much more after Powell warned that Trump’s tariffs could put the Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment.Powell said that while the Fed’s employment and inflation goals were largely in balance at this point, policymakers could find themselves in the “challenging scenario” depending on how things evolve.”Tariffs are highly likely to generate at least a temporary rise in inflation,” Powell told the Economic Club of Chicago, warning that the inflationary effects “could also be more persistent.”US stocks hit session lows shortly after Powell’s comments before recovering a bit in the final minutes of trading.The Nasdaq finished down more than three percent.Nvidia ended down around seven percent after earlier slumping more than 10 percent. The chip company disclosed in a securities filing that it expects a $5.5 billion hit connected to export licenses for technology that the US government determined could be used for a Chinese supercomputer.Powell’s comments “sparked stagflation concerns,” said Jack Ablin of Cresset Capital. Powell “took what was a moderately down day into a pretty dramatic slide,” Ablin added.The dollar also weakened further after Powell’s remarks, retreating about one percent against the euro.”Markets are increasingly convinced that the US economy is losing steam,” said a comment from Forexlive published ahead of Powell’s remarks that pointed to market speculation about Fed interest rate cuts.The battering on Wall Street followed a mixed session in Europe.London’s benchmark FTSE 100 stock index closed 0.3 percent higher, as official data showed UK inflation slowed more than expected in March.Frankfurt also finished 0.3 percent in the green while Paris fell almost 0.1 percent.Last week Trump backed off his most onerous “reciprocal” tariffs for every country except China, while maintaining a range of other levies, including on car imports. There has been little sign of rapprochement between Washington and Beijing, which has responded with increased levies of its own. “Markets continue to suffer from the White House’s tariff flip-flopping,” said Fawad Razaqzada, market analyst at City Index and Forex.com.”The stop-start nature of US trade policy this month has made long-term positioning something of a fool’s errand, with volatility dominating the landscape.”- Key figures at 2050 GMT -New York – Dow: DOWN 1.7 percent at 39,669.39 (close)New York – S&P 500: DOWN 2.2 percent at 5,275.70 (close)New York – Nasdaq: DOWN 3.1 percent at 16,307.16 (close)London – FTSE 100: UP 0.3 percent at 8,275.60 (close)Paris – CAC 40: DOWN 0.1 percent at 7,329.97 (close)Frankfurt – DAX: UP 0.3 percent at 21,311.02 (close)Tokyo – Nikkei 225: DOWN 1.0 percent at 33,920.40 (close)Hong Kong – Hang Seng Index: DOWN 1.9 percent at 21,056.98 (close)Shanghai – Composite: UP 0.3 percent at 3,276.00 (close)Euro/dollar: UP at $1.1395 from $1.1282 on TuesdayPound/dollar: UP at $1.3235 from $1.3231Dollar/yen: DOWN at 142.12 yen from 143.21 yen Euro/pound: UP at 86.06 pence from 85.26 penceBrent North Sea Crude: UP 1.8 percent at $65.85 per barrelWest Texas Intermediate: UP 1.9 percent at $62.47 per barrelburs-jmb/acb