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Tokyo Markets Closed, Dollar Down

Posted July 18th, 2011 at 2:20 am (UTC-5)
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Japanese markets are closed Monday for a national holiday . In currency trading, the dollar was selling at 78.99 yen, down a tenth of a yen from late Friday. The Taipei market fell dipped four-tenths of a percent to close at 8,539.

Cameron Cuts Africa Trip Short Due to Phone Hacking Scandal

Posted July 18th, 2011 at 1:20 am (UTC-5)
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British Prime Minister David Cameron will cut short his visit to Africa in order to deal with an ongoing phone-hacking scandal that involves some people close to the British leader. Mr. Cameron is expected to return to London by Wednesday to deal with the crisis. London’s police chief quit Sunday over allegations about police failures […]

Tags: , , Posted in Europe

German Ruling on Impounded Thai Jet Expected Monday

Posted July 18th, 2011 at 12:45 am (UTC-5)
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A German court is expected to decide Monday whether authorities must release an impounded private jet owned by Thailand’s Crown Prince Maha Vajiralongkorn. German officials seized the Boeing 737 last week in response to a lawsuit by German construction company Walker Bau AG, which is seeking payment of an old debt owed by the government […]

Burmese Activist to Honor Father After 11-Year Absence

Posted July 18th, 2011 at 12:45 am (UTC-5)
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Friends and associates of Aung San Suu Kyi say the Burmese democracy campaigner will attend a ceremony Tuesday honoring her liberation hero father for the first time in nine years. The colleagues said Monday that Aung San Suu Kyi has received an invitation to attend the ceremony from the government and has decided to attend. […]

Tags: , , , Posted in East Asia Pacific

Tropical Storm Bret Forms Near Northern Bahamas

Posted July 18th, 2011 at 12:15 am (UTC-5)
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A tropical storm formed Sunday in the Atlantic Ocean near the northern Bahamas. Forecasters at the U.S. National Hurricane Center say Tropical Storm Bret is expected to drench the northernmost islands before curving out into the open Atlantic Ocean. The storm’s maximum sustained winds were nearly 65 kilometers per hour. The government of the Bahamas […]

Tags: , , Posted in US

Japan Celebrates Women’s World Cup Victory

Posted July 18th, 2011 at 12:10 am (UTC-5)
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Japan’s victory in the Women’s World Cup has given the country a welcome break from months of tragedy and stress brought on by the March earthquake, tsunami and nuclear reactor meltdown. When Saki Kumagai completed a penalty shootout victory over the United States, bars and clubs across Tokyo exploded with cheers. Jubilant fans, who had […]

Tags: , , , Posted in East Asia Pacific