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Apple Shares Decline after Resignation of Steve Jobs

Posted August 25th, 2011 at 4:20 am (UTC-5)
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Apple Inc. shares dropped as much as 7 percent in after hours trading following news of the resignation of the company’s co-founder and chief executive officer Steve Jobs. On Wednesday, Jobs told the Apple board of directors and the Apple community he could no longer meet the “duties and expectations” of the position. Jobs had […]

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China Slams Pentagon Over Critical Military Report

Posted August 25th, 2011 at 4:15 am (UTC-5)
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China is responding angrily to a new U.S. Defense Department report which describes the country’s military modernization as a threat to regional military balances. In a commentary Thursday, the official Xinhua news agency dismissed that suggestion as an “utterly cock-and-bull story” based on “a wild guess and illogical reasoning.” Xinhua also noted that U.S. military […]

Tags: , , , , Posted in East Asia Pacific

Report: Australian Aborigines Still Struggling in Key Areas

Posted August 25th, 2011 at 4:15 am (UTC-5)
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A new report shows life for Australia’s indigenous people has worsened in several key areas over the last decade. The annual survey by the government’s Productivity Commission found conditions had declined in such areas as child abuse and prison rates The report says for every 1,000 Aboriginal children, 37 were abused last year, a sharp […]

Turkish Soldiers Injured by Roadside Bomb

Posted August 25th, 2011 at 3:55 am (UTC-5)
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Turkish authorities say a roadside bomb exploded in southeast Turkey Thursday, wounding several soldiers traveling in a mini bus. No one has claimed responsibility for the attack in Hakkari province, near the Iraq border. Kurdish rebels fighting for autonomy in the region has killed some 40 Turkish soldiers since July. Turkish troops retaliated with six […]

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India’s PM Urges Debate on All Reforms Against Corruption

Posted August 25th, 2011 at 3:55 am (UTC-5)
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Indian Prime Minister Manmohan Singh is appealing to a prominent anti-corruption activist to end his 10-day hunger strike, while urging lawmakers to consider all options to make India corruption free. Speaking in Parliament Thursday, Mr. Singh said he wants his government to debate all reform proposals, including the one championed by activist Anna Hazare. The […]

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Japan’s Nikkei Rebounds

Posted August 25th, 2011 at 3:55 am (UTC-5)
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Japanese markets closed higher Thursday. Tokyo’s Nikkei index gained more than one and one-half percent to finish at 8,772. The Taipei market finished at 7,411, a loss of nearly one and one-quarter percent .

Tags: , , Posted in Economy

African Leaders to Hold Delayed Fundraiser for Famine

Posted August 25th, 2011 at 3:35 am (UTC-5)
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The African Union will hold a donor conference on Thursday in Ethiopia to raise funds for the 12 million people still in need of emergency food aid in the drought and famine-stricken Horn of Africa. As many as a dozen African leaders are expected to participate in the meeting in the Ethiopian capital of Addis […]

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TEPCO Reported Tsunami Threat Four Days Before Fukushima Disaster

Posted August 25th, 2011 at 2:35 am (UTC-5)
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Japanese nuclear regulators say they were told four days before the March 11 earthquake that the Fukushima nuclear plant could be hit by a far-larger tsunami than it was designed to withstand. The regulators told reporters Wednesday that the plant’s operators, Tokyo Electric Power Company, determined in 2008 that the plant could be hit by […]

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Legendary Vietnamese General Turns 100

Posted August 25th, 2011 at 2:15 am (UTC-5)
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Vo Nguyen Giap, the ex-Vietnamese general who defeated the superior military forces of both France and the United States, turned 100 years old Thursday. Giap marked the personal milestone at an army hospital in Hanoi, where he has been living for the past several months. His former secretary, Colonel Nguyen Huyen, said the general remains […]

Chileans Brace for 2nd Day of Strike for Education Reform

Posted August 25th, 2011 at 2:10 am (UTC-5)
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Protesters in Chile are set for a second day of demonstrations in support of a 48-hour national strike to press for education reform. Government officials say 36 people were injured Wednesday when protesters clashed with police, who were trying to shut down demonstrations in the capital of Santiago. Officials say 348 people were arrested following […]

Tags: , Posted in Americas