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Chinese Train Maker Recalls 54 Bullet Trains

Posted August 11th, 2011 at 11:40 pm (UTC-5)
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One of China’s leading train manufacturers is recalling 54 bullet trains used on the new Beijing to Shanghai high-speed rail line. State-owned China CNR Corporation said Friday it would carry out a complete inspection and possible improvements, but gave no other details. The recall applies only to trains on the Beijing to Shanghai line. The […]

Tags: , , , Posted in East Asia Pacific

Day of Violence in Afghanistan Kills 7 NATO Soldiers

Posted August 11th, 2011 at 10:30 pm (UTC-5)
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The commander of U.S. and NATO forces in Afghanistan, General John Allen, said Wednesday that a precision air strike by coalition forces killed several Taliban militants, including the insurgent who fired the fatal shot at the helicopter. Taliban officials on Thursday denied that the militant responsible for the crash was killed, saying the fighter is […]

Tags: , , , Posted in South Asia

Uzbekistan Jails Former Gold Miner Employee on Spying Charges

Posted August 11th, 2011 at 10:05 pm (UTC-5)
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A court in Uzbekistan has sentenced a former employee of British mining company Oxus Gold to 12 years in prison on charges of industrial espionage. The company said in a statement Thursday that a military court convicted Said Ashurov who worked as chief metallurgist at a joint venture which is at a center of dispute […]

Tags: , Posted in Europe

Asian Stock Markets Open Higher Friday

Posted August 11th, 2011 at 9:45 pm (UTC-5)
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Asian stock markets opened higher Friday, a day after key U.S. stock indexes rebounded with major gains. Japan’s benchmark Nikkei index was up about a half of one percent in early trading Friday, erasing some of Thursday’s losses. Stock markets in Australia and New Zealand also showed early gains Friday. The rebound came after U.S. […]

Tags: , , , Posted in Economy

US Republican Candidates Square off in Iowa Debate

Posted August 11th, 2011 at 9:05 pm (UTC-5)
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U.S. Republican presidential candidates are debating in the central state of Iowa, hoping to generate momentum ahead of a “straw poll,” or test vote, that could identify frontrunners for the 2012 party nomination. Eight candidates are squaring off in the nationally televised debate at Iowa State University in the city of Ames, Iowa. The candidates […]

Tags: , , , , Posted in US

Libyan Rebels Claim Capturing Parts of Brega

Posted August 11th, 2011 at 8:35 pm (UTC-5)
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Libyan rebels have said they captured several residential districts in Brega, a key oil port that has been the scene of recent clashes between the opposition and forces loyal to leader Moammar Gadhafi. A rebel spokesman said two of their fighters were killed and at least 16 others wounded in Thursday’s fighting for the control […]

Tags: , , Posted in Middle East

4 EU Countries Ban Short-Selling of Stocks

Posted August 11th, 2011 at 8:20 pm (UTC-5)
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France, Italy, Spain and Belgium are imposing bans on short-selling of stocks to calm market turmoil aggravated by rumors about Europe’s huge debts. The European Union markets supervisor made the announcement late Thursday after two days of volatile trading caused French bank stocks to rise and fall by huge amounts. The bans on short-selling in […]

Tags: , , , Posted in Economy

US Issues Travel Warning for Zambia Ahead of Elections

Posted August 11th, 2011 at 8:00 pm (UTC-5)
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The United States is urging its citizens to take precautions when traveling to Zambia ahead of next month’s national and local elections, saying there is a potential for unrest. The U.S. State Department Thursday urged Americans traveling to Zambia during or immediately following the September 20 elections to monitor local news, assess travel routes when […]

Tags: , Posted in Africa

Mexico Arrests Suspected Drug Cartel Hitman

Posted August 11th, 2011 at 7:30 pm (UTC-5)
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Mexican authorities say they have arrested a suspected gang leader who they say has admitted to murdering — and ordering the murders — of 600 people. Prosecutor Alfredo Castillo told reporters police had arrested Oscar Garcia Montoya Thursday in the capital, Mexico City. He identified the suspect as the head of the violent drug gang […]

Tags: , Posted in Americas

4 EU Countries Ban Short-Selling of Stocks

Posted August 11th, 2011 at 7:25 pm (UTC-5)
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France, Italy, Spain and Belgium are imposing bans on short-selling of stocks to calm market turmoil aggravated by rumors about Europe’s huge debts. The European Union markets supervisor made the announcement late Thursday after two days of volatile trading caused French bank stocks to rise and fall by huge amounts. The bans on short selling […]

Tags: , , , Posted in Economy