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Japan Economic Figures Confirm Technical Recession-

Posted June 9th, 2011 at 4:40 am (UTC-5)
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The Japanese economy technically slipped into a technical recession in the first quarter of 2011 as a result of the March earthquake and tsunami, but new figures show the decline was smaller than initially reported. The Cabinet Office released figures Thursday showing the country’s gross domestic product shrank at an annual rate of 3.5 percent […]

Ethiopia Jails 14 For AU Bomb Plot

Posted June 9th, 2011 at 4:30 am (UTC-5)
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An Ethiopian court sentenced 14 people to prison Wednesday for plotting to bomb an African Union summit in January. Authorities say the 14 are Oromo Liberation Front (OLF) rebels trained in Eritrea. They are accused of planning to strike a hotel where several heads of state were staying and other targets in the Ethiopian capital […]

Tags: , Posted in Africa

Asian Stocks Mostly Lower

Posted June 9th, 2011 at 4:30 am (UTC-5)
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Asian stock markets closed mostly lower Thursday. Tokyo’s Nikkei index gained nearly one-quarter of one percent to finish at 9,467. Hong Kong’s Hang Seng index lost nearly one-quarter of one percent to finish the day’s trading at 22,609. Share prices were higher in Sydney, but lower in Manila, Shanghai, Taipei and Wellington. In currency trading, […]

Tags: , , Posted in Economy

Japanese PM Signals August Resignation as Likely Successor Emerges

Posted June 9th, 2011 at 3:50 am (UTC-5)
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Japanese Prime Minister Naoto Kan is signaling that he wants to keep his job at least through August. Mr. Kan survived a no-confidence motion last week only after promising to step down in the near future, and pressure has been mounting for him to resign this month. But the prime minister told a parliamentary committee […]

Tags: , Posted in East Asia Pacific

China Says Libyan Rebels Will Visit Beijing

Posted June 9th, 2011 at 3:25 am (UTC-5)
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Chinese officials say they will soon receive a delegation from the Libyan opposition movement in Beijing. The official Xinhua news agency quoted Foreign Ministry official Chen Xiaodong announcing the visit at a briefing Thursday. He spoke as an envoy from Libyan leader Moammar Gadhafi was ending a two-day visit in which he urged China to […]

Tags: , , , Posted in East Asia Pacific

Nine Dead in Militant Attack on Afghan Wedding

Posted June 9th, 2011 at 2:50 am (UTC-5)
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Afghan officials say nine people have been killed in eastern Nangarhar province in a militant attack on a gathering for a wedding. Provincial officials said the militants stormed a house Thursday where wedding party members had gathered in Dur Baba district. Reports say the groom, who was one of the victims, was a relative of […]

Tags: Posted in South Asia

China Rebuts Panetta Remarks, Accuses US of Trouble-Making

Posted June 9th, 2011 at 2:40 am (UTC-5)
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China’s state media are accusing the United States of trying to provoke trouble between China and its Asian neighbors. The Communist Party-controlled Global Times newspaper quoted a policy expert Thursday commenting on written remarks provided by U.S. Central Intelligence Agency Director Leon Panetta to a Congressional panel considering his nomination to be the next U.S. […]

Tags: , , Posted in East Asia Pacific

Japan’s Nikkei Rises, Dollar Falls

Posted June 9th, 2011 at 2:20 am (UTC-5)
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Japanese markets closed higher Thursday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index gained nearly one-quarter of one percent to finish at 9,467. In currency trading, the dollar was selling at 80.08 yen, a gain of nearly one-quarter of a yen from Wednesday. The Taipei market closed at 9,001, a […]

Tags: , , Posted in Economy

Boston Bruins Win Second Straight NHL Stanley Cup Game

Posted June 9th, 2011 at 2:00 am (UTC-5)
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The Boston Bruins posted a 4-0 shutout over the visiting Vancouver Canucks Wednesday to even the National Hockey League’s Stanley Cup championship series at two games apiece. The Bruins were still carrying the emotions from their 8-1 rout of the Canucks in game three that featured a vicious hit on Nathan Horton by the Canucks’ […]

Tags: , , , Posted in US

Eight Pakistani Soldiers Killed in Firefight With Militants

Posted June 9th, 2011 at 1:25 am (UTC-5)
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Pakistan security officials say Taliban militants have attacked a security checkpoint in South Waziristan, killing eight soldiers. The officials say Pakistani forces killed at least 10 Taliban fighters in the resulting firefight. Thursday’s early-morning incident in the western tribal region near the Afghan border left at least seven soldiers wounded. On Wednesday, Pakistani officials said […]

Tags: , , , Posted in South Asia