Japanese markets closed lower Thursday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index plunged nearly one and three-quarters percent to finish at 9,411. In currency trading, the dollar was selling at 80.79 yen, a loss of nearly one-fifth of a yen from Wednesday. The Taipei market closed at 8,654, a […]
US Foreclosures Fall in May
Posted June 16th, 2011 at 2:25 am (UTC-5)
The number of U.S. homes seized by banks fell in May as processing delays impeded foreclosures. Banks took control of nearly 67,000 homes in May. That total is down four percent from April, and a drop of 29 percent from a year ago. RealtyTrac reports that Nevada again has the nation’s highest foreclosure rate with […]
Mexican IMF Candidate Takes Campaign to China
Posted June 16th, 2011 at 2:05 am (UTC-5)
Mexican central bank Governor Agustin Carstens was due in Beijing Thursday to meet with Chinese leaders in his campaign to become head of the International Monetary Fund. Carstens is scheduled to meet with his Chinese counterpart Zhou Xiaochuan and Finance Minister Xie Xuren. He and French Finance Minister Christine Lagarde were named by the IMF […]
Indonesia Mounts Security Cordon Ahead of Bashir Verdict
Posted June 16th, 2011 at 1:55 am (UTC-5)
Around 3,000 Indonesian security forces are on guard around a Jakarta courthouse where judges are about to deliver their verdict in the terrorism trial of a radical Islamist preacher. Several hundred supporters of Abu Bakar Bashir packed the courtroom and are watching outside on television monitors, awaiting what many expect will be a guilty verdict. […]
NATO Shells Area Near Gadhafi’s Tripoli Compound
Posted June 16th, 2011 at 1:40 am (UTC-5)
NATO fighter jets have bombed the area near Libyan leader Moammar Gadhafi’s Tripoli compound in a pre-dawn raid Thursday. A series of thunderous booms rocked the capital city and a column of smoke could be seen rising from near Mr. Gadhafi’s Bab-al-Aziziya compound. It was not immediately clear what had been hit and there was […]
Public Transit Strike Held in Czech Republic
Posted June 16th, 2011 at 1:40 am (UTC-5)
A 24-hour public transportation strike is being held in the Czech Republic Thursday. Trains will not be running, and other transportation in the capital, Prague, and other towns has stopped or been reduced. A coalition of transport unions is protesting several proposed government reforms in the areas of health care, pensions and taxes. The strike […]
Disappointed Canadian Hockey Fans Turn Violent
Posted June 16th, 2011 at 1:30 am (UTC-5)
Disappointed hockey fans in Vancouver, Canada turned violent after the Boston Bruins defeated the hometown Canucks 4-0 to clinch the seventh and deciding game of their National Hockey League’s Stanley Cup championship series. Several cars were burned and several others overturned. The Vancouver Sun newspaper reported that Vancouver police used flash-bang grenades, while angry mobs […]
Chinese Navy Ship Heads to Singapore for Unprecedented Visit
Posted June 16th, 2011 at 1:30 am (UTC-5)
China says one of its largest naval patrol ships is on its way to Singapore for an unprecedented port call. The official Xinhua news agency said Thursday that the two-week visit by the Haixun 31 will mark the first time China has sent a major patrol ship to a foreign country. The 3,000-ton ship was […]
UN Says Syria Did Nothing to Stop Israeli Border Disputes
Posted June 16th, 2011 at 12:40 am (UTC-5)
U.N. Secretary General Ban Ki-moon says Syria did nothing to block Palestinian protesters from entering the Israeli-occupied Golan Heights during two recent demonstrations in which at least 27 people were killed. Mr. Ban stopped short of accusing the Syrians of sanctioning the Palestinian protests — the May 15 demonstration marking the 1948 creation of Israel […]
Son of PNG Acting Leader Charged with Murder
Posted June 16th, 2011 at 12:40 am (UTC-5)
The adopted son of Papua New Guinea’s acting Prime Minister Sam Abal has been charged with the murder of a woman whose body was found at his father’s home in the capital of Port Moresby. Teo Abal was arrested Wednesday in a Port Moresby hotel, two days after the woman was found with her throat […]
