PESHAWAR (Pakistan) - BOMBS tore through the Pakistan city of Peshawar killing ten people on Thursday, after the Taliban claimed a deadly attack in Lahore and threatened further mayhem to avenge an offensive.
Three explosions wounded more than 100 people in Peshawar, as fears grew of mounting militant revenge for a punishing, month-long military assault against Islamist extremists across three northwest districts.
WASHINGTON - SALES of newly built US homes were flat in April, but are now 7 per cent above the rock-bottom lows of January, another indication the three-year housing downturn could be ending.
The Commerce Department said on Thursday that sales rose 0.3 per cent in April to a seasonally adjusted annual rate of 352,000. But the increase came from a downwardly revised rate of 351,000 in March.
LIVERPOOL - LIVERPOOL striker Fernando Torres has signed a new deal that will keep him at the Premier League club until 2013.
The 25-year-old Spain international has scored 50 goals in his first two seasons at Anfield despite struggling with hamstring injuries.
WASHINGTON - FALLEN US auto giant General Motors pulled back from the brink on Thursday, winning government and bondholder support for a new restructuring plan while Chrysler waited for a court to decide its future.
GM, kept afloat so far with US$19 billion (S$28 billion) in US taxpayer money, had been facing a deadline on Monday to come up with an agreed reorganisation and looked to be in serious trouble when bondholders balked earlier this week.
