Japanese share prices plunged Monday on concerns about Greece’s failure to meet a deficit target set by European leaders as part of its bailout deal. The dollar was fractionally higher against the yen. Tokyo’s Nikkei index dropped 1.8 percent to close at 8,545. In currency trading, the dollar was selling at 76.92 yen, down a […]
International Criminal Court Allows Ivory Coast Probe
Posted October 3rd, 2011 at 5:35 am (UTC-5)
The International Criminal Court says it has authorized its top prosecutor to launch an investigation into possible war crimes in Ivory Coast. The Hague-based court said in a statement Monday it granted prosecutor Luis Moreno-Ocampo’s request to probe post-election violence in the West African nation dating back to November 2010. Moreno-Ocampo had asked for the […]
China Economic Fears Hammer Macau Casino Stocks
Posted October 3rd, 2011 at 5:15 am (UTC-5)
Macau casino shares plunged by as much as 20 percent Monday amid fears that rising Chinese interest rates will drive up travel costs and keep Chinese “high rollers” at home. The sell-off, which began Friday, paced a broader decline of 4.5 percent on Hong Kong’s Hang Seng stock index, with analysts blaming continued uncertainly over […]
Rights Group Demands Resignations of Khmer Rouge Panel Judges
Posted October 3rd, 2011 at 5:00 am (UTC-5)
A leading human rights group is calling for the resignation of the two investigating judges at the international tribunal investigating Khmer Rouge war crimes in Cambodia. New York-based Human Rights Watch issued a statement Monday saying the Cambodian people have no hope of seeing justice as long as judges Siegfried Blunk of Germany and Cambodia’s […]
Saadi Gadhafi Denies Interpol Allegations
Posted October 3rd, 2011 at 4:55 am (UTC-5)
Former Libyan leader Moammar Gadhafi’s son, Saadi, has denied allegations detailed by Interpol last week that he engaged in “armed intimidation” when he headed Libya’s football federation. He said Sunday he “strenuously” denies the charges, along with allegations that he misappropriated property. Interpol issued an international alert last week to help find and arrest Saadi […]
Asian Markets Sharply Lower
Posted October 3rd, 2011 at 4:35 am (UTC-5)
Asian stock markets closed sharply lower in Monday trading on concerns about Greece’s failure to meet a deficit reduction target set by European leaders as part of a bailout deal. Tokyo’s Nikkei index dropped 1.8 percent to close at 8,545. Hong Kong’s Hang Seng index lost 4.5 percent to end at 16,806. Elsewhere, share prices […]
BBC: Haqqanis Deny Killing Afghan Peace Envoy
Posted October 3rd, 2011 at 4:00 am (UTC-5)
The BBC says it has interviewed the operational leader of the Haqqani Network, the Taliban-allied militant group. In an interview posted on the BBC website Monday, Sirajuddin Haqqani denied that his group killed Afghan peace envoy Burhanuddin Rabbani. Haqqani also said the Haqqani Network, which has been blamed for a string of recent attacks on […]
Malaysia Moves to Repeal Two Authoritarian Laws
Posted October 3rd, 2011 at 3:45 am (UTC-5)
Malaysia introduced legislation Monday to repeal two tough security laws, part of a broader planned overhaul as the government positions itself for elections next year. Prime Minister Najib Razak scheduled motions in parliament that would scrap a 1933 law enabling police to dictate where individuals may or may not live, and a 1959 law allowing […]
Taiwan Shipwreck Leaves 3 Dead, 7 Missing in Stormy Seas
Posted October 3rd, 2011 at 2:40 am (UTC-5)
Taiwan coast guard officials are searching for at least seven crewmen who are missing in stormy weather after a cargo ship broke in two off the island’s northern coast. Search crews rescued 11 sailors and recovered three bodies after the Panamanian-registered gravel ship ran aground early Monday off Keelung Harbor. Authorities questioned some of the […]
Japanese Stocks Down, Dollar Gains
Posted October 3rd, 2011 at 2:25 am (UTC-5)
Japanese share places plunged Monday on concerns about Greece’s failure to meet a deficit target set by European leaders as part of its bailout deal. The dollar was fractionally higher against the yen. Tokyo’s Nikkei index dropped 1.8 percent to close at 8,545. In currency trading, the dollar was selling at 77.08 yen, up a […]
