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Former Soviet State Celebrates 16th Constitution Day

Posted August 30th, 2011 at 5:40 am (UTC-5)
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Kazakhstan celebrates its 16th Constitution Day Tuesday. In the capital city, Astana, festivities include a military parade, concerts and festivals. President Nursultan Nazarbayev will host the the Astana events. The military parade features more than 250 weapons and military equipment including missiles, tanks and artillery. More than 2,500 military personnel are scheduled to march in […]

Tags: , , Posted in Europe

Japan’s Nikkei Closes on Another High Note

Posted August 30th, 2011 at 5:35 am (UTC-5)
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Japanese markets closed higher Tuesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index gained nearly one and one-fourth percent to finish at 8,954. In currency trading, the dollar was selling at 76.77 yen, a loss of a fraction of a yen from Monday. Gold is trading at $1,790.75 an ounce.

Tags: , Posted in Economy

Chinese Airline Sanctioned Over Emergency Incident

Posted August 30th, 2011 at 5:35 am (UTC-5)
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Chinese aviation authorities have penalized a domestic airline after one of its pilots refused to yield to a Qatar Airways jet attempting to make an emergency landing earlier this month. Shanghai-based Juneyao Airlines has been ordered to reduce its flights by 10 percent, and has been temporarily barred from expanding or obtaining aircraft. The Qatar […]

Tags: , , Posted in East Asia Pacific

Australia Drops Last Charges in Afghan Civilian Deaths

Posted August 30th, 2011 at 5:35 am (UTC-5)
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Australian officials have dropped all charges against the last of three commandos who were referred for courts martial in the deaths of five children in Afghanistan. Defense Minister Stephen Smith said Tuesday he will seek a report from the chief of military prosecutions on why the charges were brought and why they failed. Australian soldiers […]

Kidney Trafficking Ring Busted in Bangladesh

Posted August 30th, 2011 at 5:20 am (UTC-5)
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Bangladeshi police say they have arrested three men believed to be part of a major organ trafficking ring aimed at convincing poverty-stricken villagers to part with their kidneys for cash. Police say they arrested the men Sunday in the remote, impoverished village of Kalai, 300 kilometers northwest of the capital, Dhaka. Officials say that nearly […]

Tags: , , Posted in South Asia

Malema Supporters Clash with South African Police

Posted August 30th, 2011 at 5:10 am (UTC-5)
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Police in South Africa have fired rubber bullets and water canons to break up supporters of the controversial head of the ruling party’s youth league. Hundreds of people supporting Julius Malema gathered Tuesday outside the African National Congress headquarters in Johannesburg, where they threw stones and bottles at police. They were also seen burning ANC […]

Tags: , , Posted in Africa

China Braces as Storm Heads for Populous Southeast Coast

Posted August 30th, 2011 at 5:00 am (UTC-5)
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Authorities in southeastern China braced for Nanmadol’s arrival late Tuesday after the tropical storm left a trail of destruction in Taiwan and the Philippines. Chinese state media said more than 40,000 people had been organized into rescue teams in the city of Quanzhou on the Taiwan Strait. Tens of thousands of fishermen were ordered back […]

Tags: , Posted in East Asia Pacific

Russian Gas Producer Has Strong First Quarter

Posted August 30th, 2011 at 4:40 am (UTC-5)
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Russian gas producer Gazprom Tuesday announced robust first quarter profits based on stronger European sales. Gazprom’s first quarter profits for the period between January and March of this year rose 42 percent. The profits represent an increase of more than $16 billion, beating analyst predictions. Gazprom is Russia’s leading gas producer accounting for more than […]

Tags: , Posted in Europe

Asian Stocks Mostly Higher

Posted August 30th, 2011 at 4:40 am (UTC-5)
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Asian stock markets closed mostly higher Tuesday. Tokyo’s Nikkei index gained nearly one and one-fourth percent to finish at 8,954. Hong Kong’s Hang Seng index soared nearly one and three-quarters percent to finish the day’s trading at 20,204. Share prices were higher in Sydney, Taipei and Wellington, but lower in Shanghai. The index in Manila […]

Tags: , , Posted in Economy

Pakistan: At Least 2 Dead in Lahore Train Collision

Posted August 30th, 2011 at 4:35 am (UTC-5)
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Pakistani officials say at least two people were killed following a collision between two trains in the eastern city of Lahore on Tuesday. Local media reports say the accident happened when a passenger train coming from Karachi struck a Lahore-bound train that had made an unscheduled stop after hitting a young boy. Officials say at […]

Tags: , Posted in South Asia