Japan’s ruling party has elected Finance Minister Yoshihiko Noda as its new leader, meaning the fiscal conservative will almost certainly become the nation’s sixth prime minister in the last five years. Democratic Party of Japan legislators chose Noda over Trade and Industry Minister Banri Kaieda in a two-man runoff Monday. Parliament is expected to elect […]
Finance Minister Noda is Picked as Japan’s Likely PM
Posted August 29th, 2011 at 5:25 am (UTC-5)
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Tokyo Stocks Up, Dollar Unchanged
Posted August 29th, 2011 at 5:10 am (UTC-5)
Japanese share prices ended higher Monday, while the dollar was unchanged against the yen. Tokyo’s Nikkei index rose six-tenths of a percent to close at 8,851. The dollar was selling at 76.59 yen in currency trading, down slightly from late Friday. Gold was trading at $1,819.38 an ounce.
Libyan Rebels Move Closer to Sirte
Posted August 29th, 2011 at 5:05 am (UTC-5)
Libyan anti-Gadhafi forces are drawing closer to Moammar Gadhafi’s hometown of Sirte, as they continue to search for the embattled leader after seizing control of the country’s capital. Rebel commanders in Misrata say opposition forces pushing towards Sirte from the west have moved within 30 kilometers of the coastal city, which is located 450 kilometers […]
Happy Feet Goes Home
Posted August 29th, 2011 at 5:00 am (UTC-5)
Title: NZEALAND PENGUIN 1st UPD HEAD: Happy Feet Goes Home DATE: 08/29/11 NUMBER: 1309968 TYPE: CN )) Happy Feet, the globe-trotting emperor penguin, is on his way home after a two-month visit to New Zealand that made him a world-wide celebrity. Officials at New Zealand’s Wellington Zoo admitted a bit of sadness as the penguin […]
Activists Say Syrian Troops Surround Central Town
Posted August 29th, 2011 at 4:35 am (UTC-5)
Syrian rights activists say government security forces have surrounded a central town that has been the site of protests against President Bashar al-Assad. The activists said troops surrounding the town of Rastan fired machine guns Monday, continuing a crackdown against a 5-month-old pro-democracy uprising. Rastan is located about 20 kilometers north of Homs on a […]
Asian Markets Mostly Higher
Posted August 29th, 2011 at 4:30 am (UTC-5)
Asian stock markets were mostly higher in trading Monday. Tokyo’s Nikkei index rose six-tenths of a percent to close at 8,851. Hong Kong’s Hang Seng index climbed 1.5 percent to end at 19,871. Elsewhere, share prices were higher in Sydney, Wellington and Taipei, while stocks ended lower in Shanghai. Manila markets were closed for a […]
Widespread Flooding Expected in Wake of Hurricane Irene
Posted August 29th, 2011 at 4:05 am (UTC-5)
U.S. President Barack Obama has declared an emergency for most of the states hit by Hurricane Irene, including North Carolina, Virginia and New York, in order to make federal resources available to support response efforts. The storm, which is no longer a hurricane, still has winds of 85 kilometers per hour. It moved into Canada […]
Chinese General Leaks Details of Embarrassing Spy Cases
Posted August 29th, 2011 at 3:50 am (UTC-5)
A Chinese general says in widely seen video clips that his country failed to prosecute several high-profile spies over the past decade because the cases were too embarrassing to be made public. Major General Jin Yinan discusses the cases in what appears to be a private briefing for government officials, but clips of the remarks […]
Taiwan Investigating HIV Organ Transplants
Posted August 29th, 2011 at 3:40 am (UTC-5)
Taiwan health officials say they are investigating a case of “critical medical negligence” after one of the island’s leading hospitals approved organs from an HIV-positive donor to be transplanted into five patients. Health Department authorities said Monday they will look into the case before deciding what penalties should be imposed on the National Taiwan University […]
Chinese Complain Over Decision to Tax Gift Mooncakes
Posted August 29th, 2011 at 3:30 am (UTC-5)
Chinese residents are seething over a decision by Beijing tax authorities to begin taxing mooncakes, a traditional pastry often distributed by employers as gifts at the time of the Mid-Autumn Festival. State-controlled media reported Sunday that the lotus seed paste-stuffed delicacies will be taxed this year as a non-cash benefit, prompting many residents to say […]
