BBC chief denies sex scandal cover-up

The head of the BBC denied on Tuesday helping to cover up a sex scandal involving one of its former stars but accepted the British broadcaster had been damaged by a crisis

GLOBAL MARKETS: Euro steadies around $1.3053

Asian shares were lacklustre with the corporate reporting season getting underway in the region, as investors stayed cautious after global shares faltered overnight on weak earning reports and outlook. The MSCI index