Japanese markets closed higher Wednesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index fell nearly one percent to finish at 8,383. The dollar was selling at 76.69 yen, a loss of just over one-tenth of a yen from Tuesday. The Taipei market closed at 6,989, a loss of nearly one […]
North Korea Demands Return of Two Citizens from South
Posted October 5th, 2011 at 2:10 am (UTC-5)
North Korea is demanding the return of two of its citizens who were found drifting at sea off the coast of South Korea this week. A spokesman for South Korea’s Unification Ministry says the demand was made Wednesday by North Korea’s Red Cross. The spokesman says it is investigating whether the two men crossed the […]
Death Toll Reaches 17 in Chinese Mine Accident
Posted October 5th, 2011 at 1:55 am (UTC-5)
Chinese state media say 17 people are now dead in a coal mine explosion in southwestern China. The official Xinhua news agency said three mine workers died in hospital and another body was recovered from the mine on Wednesday. It said 11 other miners are receiving treatment in a hospital. Workplace safety officials said the […]
International Leaders Condemn Somali Attack; Al-Shabab Warns of More Violence
Posted October 5th, 2011 at 1:40 am (UTC-5)
Somali insurgent group al-Shabab has vowed to carry out more attacks in the country following Tuesday’s truck bombing in the capital of Mogadishu, which left at least 70 people dead and dozens more wounded. Officials and witnesses say the attack happened early Tuesday when two suicide bombers rammed an explosives-laden vehicle into a government compound […]
Russia, China Veto UN Resolution on Syria; US, Europe ‘Outraged’
Posted October 5th, 2011 at 1:15 am (UTC-5)
Russia and China have vetoed a U.N. Security Council resolution containing a reference to possible sanctions against Syria if its leader pursues a brutal crackdown on opposition protests. The veto sparked U.S. and European outrage. U.S. Ambassador Susan Rice said the draft written by France, Britain, Germany and Portugal was opposed by countries who “would […]
US House Speaker Opposes China Currency Bill
Posted October 5th, 2011 at 12:25 am (UTC-5)
U.S. House Speaker John Boehner has expressed his strong opposition to legislation aimed at punishing China for undervaluing its currency. The leader of the Republican-led House told reporters Tuesday it is “pretty dangerous” to promote a bill forcing a nation to deal with the value of its currency, and beyond the scope of the U.S. […]
Russia, China Veto UN Resolution on Syria; US, Europe ‘Outraged’
Posted October 4th, 2011 at 11:35 pm (UTC-5)
Russia and China have vetoed a U.N. Security Council resolution containing a reference to possible sanctions against Syria if its leader pursues a brutal crackdown on opposition protests. The veto sparked U.S. and European outrage. U.S. Ambassador Susan Rice said the draft written by France, Britain, Germany and Portugal was opposed by countries who “would […]
Greek Protests to Disrupt Public Services
Posted October 4th, 2011 at 11:20 pm (UTC-5)
A strike in Greece has forced most commercial airlines to cancel flights to and from Athens. Protesters are continuing demonstrations and work stoppages in a show of displeasure with Athens’ latest austerity plan. Greek officials expect Wednesday’s strike to impact many public services. Aegean Air said all Wednesday flights have been cancelled as air traffic […]
Russia, China Veto UN Resolution on Syria; US, Europe ‘Outraged’
Posted October 4th, 2011 at 9:35 pm (UTC-5)
Russia and China have vetoed a U.N. Security Council resolution containing a reference to possible sanctions against Syria if its leader pursues a brutal crackdown on opposition protests. The veto sparked U.S. and European outrage. U.S. Ambassador Susan Rice said the draft written by France, Britain, Germany and Portugal was opposed by countries who “would […]
