Showing Archived Posts

Rebounding Exports Push Japan to Surprise Trade Surplus

Posted July 21st, 2011 at 3:00 am (UTC-5)
Leave a comment

Japan posted an unexpected trade surplus in June, indicating that the world’s third-largest economy is quickly recovering from the March 11 earthquake and tsunami. Figures released Thursday by the Ministry of Finance show Japan enjoyed a $898 million trade surplus in June, its first in three months. Exports rose 5.4 percent from the previous month […]

Tags: , Posted in East Asia Pacific

Asian Ministers Urge Early Resumption of 6-Party Korean Talks

Posted July 21st, 2011 at 2:50 am (UTC-5)
Leave a comment

Foreign ministers from East and Southeast Asia called Thursday for an early resumption of six-party talks on North Korea’s nuclear programs. The ministers issued the statement after a meeting in Bali, Indonesia, of the so-called ASEAN Plus 3. The annual meeting groups China, Japan and South Korea with the 10-member Association of Southeast Asian Nations. […]

Tags: , Posted in East Asia Pacific

Japan’s Nikkei Makes Slight Gains

Posted July 21st, 2011 at 2:35 am (UTC-5)
Leave a comment

Japanese markets closed slightly higher Thursday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index gained a fraction of one percent to finish at 10,010. In currency trading, the dollar was selling at 78.82 yen, a gain of a fraction a yen from Wednesday. The Taipei market finished its trading session […]

Tags: , , Posted in Economy

IMF Urges China to Strengthen Yuan, “Rebalance” Economy

Posted July 21st, 2011 at 1:20 am (UTC-5)
Leave a comment

The International Monetary Fund is calling on China to undertake a series of reforms of its financial system, including loosening controls on its currency. The Washington-based institution said Wednesday the yuan, also known as the renminbi, is “substantially” undervalued even though China has allowed it to gradually appreciate against the U.S. dollar since last year. […]

Despite Appeals, Texas Man Executed for Post 9/11 Shooting Spree

Posted July 21st, 2011 at 1:10 am (UTC-5)
Leave a comment

A U.S. man who went on a shooting spree for what he said was retaliation for the 2001 terrorist attacks has been put to death, after courts rejected a last-minute bid by a survivor to stop the execution. Mark Stroman was lethally injected Wednesday night in the southern state of Texas after judges rejected appeals […]

Tags: , Posted in US

Rights Group Demands Release of Malaysian Rally Organizers

Posted July 21st, 2011 at 1:05 am (UTC-5)
Leave a comment

A leading human rights group is calling for Malaysia to immediately release six leaders of an opposition party who are being held without charges because of their role in organizing a mass protest this month. New York-based Human Rights Watch also called Thursday for charges to be dropped against 21 party members who are free […]

Amnesty Int. Reveals War Crimes Impact on Somali Children

Posted July 21st, 2011 at 12:25 am (UTC-5)
Leave a comment

Amnesty International says the systematic recruitment of child soldiers, many of them under the age of 15, is escalating in Somalia. In a report released Wednesday, the rights group says Somali children risk death all the time. It says children recruited as soldiers are injured and killed, and those separated from parents are forced to […]

Tags: , , Posted in Africa

Australia Mulls New Privacy Right Amid Phone Hacking Scandal

Posted July 21st, 2011 at 12:25 am (UTC-5)
Leave a comment

Australia is seeking public comment on whether it should establish a legal right to sue media companies for invasion of privacy in the wake of Britain’s phone-hacking scandal. Home Affairs Minister Brendan O’Connor said Thursday the reports that the now-shuttered News of The World hacked into private cell phones and bribed police officers have “put […]

Court Action Against “Aussie Taliban” Poses Unusual Legal Test

Posted July 21st, 2011 at 12:05 am (UTC-5)
Leave a comment

An Australian court will face difficult constitutional issues next month when the government seeks to seize the profits from a book by David Hicks, the former Outback cowboy who spent years as a U.S. prisoner after being captured in Afghanistan. Hicks, nicknamed the “Aussie Taliban,” spent more than five years at the Guantanamo Bay detention […]