The Royal Swedish Academy of Sciences has awarded the 2011 Nobel Prize for Literature to 80-year-old Swedish poet Tomas Transtromer. The jury said Thursday that Transtromer was honored “because, through his condensed, translucent images, he gives us fresh access to reality.” Transtromer will receive $1.5 million for winning the Literature Prize, the fourth of this […]
2011 Nobel Prize in Literature Awarded To Swedish Poet
Posted October 6th, 2011 at 7:30 am (UTC-5)
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Asia Markets Close Higher
Posted October 6th, 2011 at 7:25 am (UTC-5)
Major Asian stock markets closed higher Thursday. Tokyo’s Nikkei index gained 1.7 percent to finish at 8,522. Hong Kong’s Hang Seng index soared 5.7 percent to finish the day’s trading at 17,172. Share prices were also higher in Bangkok, Jakarta, Kuala Lumpur, Manila, Seoul, Singapore, Sydney, Taipei and Wellington. The indexes in Mumbai and Shanghai […]
Clashes with Dissident Troops Kill 4 Syrian Soldiers
Posted October 6th, 2011 at 7:20 am (UTC-5)
Syrian rights activists say four government soldiers have been killed in clashes with military defectors near the Turkish border. The London-based Syrian Observatory for Human Rights said the fighting Thursday took place in the Jabal al-Zawiya area of Idlib province. President Bashar al-Assad’s government has been using military force to crush almost seven months of […]
Toyota Says Production Back to Normal after Disasters
Posted October 6th, 2011 at 7:15 am (UTC-5)
Toyota Motor Company reports that its production in Japan has for the first time returned to levels from before the March 11 earthquake and tsunami. Dozens of Toyota plants across Japan were forced to shut down in the aftermath of the twin disasters, disrupting supply chains and slowing down manufacturing at Toyota facilities overseas, including […]
Western News Crew Views Malnourished Orphans in North Korea
Posted October 6th, 2011 at 6:25 am (UTC-5)
A Western television news crew has returned from a rare visit to key farm regions in North Korea with disturbing pictures of malnourished children — the latest evidence of what the United Nations says is a severe food crisis in the country. The video was shot by reporters from Reuters news agency who were invited […]
South African Official Rejects Tutu’s Request to Grant Dalai Lama Last Minute Visa
Posted October 6th, 2011 at 6:10 am (UTC-5)
A South African government official has rejected a last-minute request by Archbishop Desmond Tutu to grant a travel visa to the Dalai Lama, who was scheduled to visit the country for Tutu’s 80th birthday celebrations this week. After months of delays by South African authorities, the Dalai Lama cancelled his trip on Tuesday, saying he […]
Egypt’s Military Rulers Say “No Interest” in Long-term Power
Posted October 6th, 2011 at 6:00 am (UTC-5)
The head of Egypt’s ruling military council says it has no interest in staying in power for a long time, as calls continue to grow for a transition to a civilian government. The military has been in power since the February ouster of former president Hosni Mubarak, and had promised to hand over control within […]
Libyan Government Says Sirte Could Fall in Days
Posted October 6th, 2011 at 5:30 am (UTC-5)
French Defense Minister Gerard Longuet says the NATO campaign in Libya will continue as long as there are pockets of resistance, and until the provisional government asks for the airstrikes to end. He spoke Thursday in Brussels, where NATO defense ministers have been evaluating the Libya mission as part of a two-day meeting. Longuet said […]
Japan’s Nikkei Rebounds
Posted October 6th, 2011 at 5:30 am (UTC-5)
Japanese markets closed higher Thursday, while the U.S. dollar is trading lower against the Japanese yen. Tokyo’s Nikkei index gained nearly one and three-quarters percent to finish at 8,522. The dollar was selling at 76.70, a loss of a fraction of a yen from Wednesday. Gold is trading at $1,648.88 an ounce.
China Urges Banks to Help Suffering Small Businesses
Posted October 6th, 2011 at 5:30 am (UTC-5)
China is urging banks to loosen up lending to small businesses, which account for most of the country’s job growth but have been hard hit by tight money policies aimed at slowing inflation. The official Xinhua news agency says Premier Wen Jiabao raised the issue this week during a visit to eastern Zhejiang province, a […]
