Hong Kong’s stock index slumped to a two-and-a-half-year low Tuesday as concerns about the Greek debt crisis continued to play out in Asia. The Hang Seng index fell 3.4 percent after a fall of 4.38 percent Monday, hitting its lowest level since April 2009. The pessimism was felt across the region, with Japan’s Nikkei index […]
Hong Kong Leads Asian Markets in Broad Slump
Car Bomb Kills Dozens in Somali Capital
A truck bomb has exploded outside a government compound in the Somali capital, Mogadishu, killing more than 20 people. A VOA reporter in Mogadishu counted 21 bodies Tuesday outside the compound, which houses eight Somali ministries. Officials at the scene said the death toll was likely higher. Witnesses told VOA that two suicide bombers drove […]
Asia Markets Close Mostly Lower
Major Asian stock markets closed mostly lower Tuesday. Tokyo’s Nikkei index lost just over one percent to finish at 8,456. Hong Kong’s Hang Seng index plunged nearly three and one-half percent to finish the day’s trading at 16,250. Share prices were higher in Taipei and Wellington, but lower in Bangkok, Jakarta, Kuala Lumpur, Manila, Mumbai, […]
UN to Vote on Syria Resolution
Diplomats say the U.N. Security Council may vote Tuesday on a European-drafted resolution condemning Syria’s brutal crackdown against civilians. The proposal threatens “targeted measures” against President Bashar al-Assad’s government if it does not halt its military assault on pro-democracy protesters. Russia is against imposing sanctions on Syria, and diplomats say it is unclear whether Moscow […]
US Defense Chief Holds Talks in Egypt
U.S. Defense Secretary Leon Panetta is meeting with leaders in Egypt Tuesday to discuss the country’s transition to a civilian government and the possible release of an alleged Israeli spy. The talks in the capital, Cairo, come a day after Panetta met with Israeli and Palestinian leaders. During a news conference Monday in Tel Aviv, […]
2011 Nobel Prize in Physics Awarded in Stockholm
The 2011 Nobel Prize for physics has been awarded to three U.S.-born scientists for “the discovery of the accelerating expansion of the Universe” through observations of exploding stars. American Saul Perlmutter will share the $1.5 million award with Adam Riess and U.S.-Australian Brian Schmidt. The Royal Swedish Academy of Sciences said the discoveries by the […]
Vietnamese Official Urges Reforms to Spur Green Growth
A Vietnamese official says the government must remove harmful subsidies and policy barriers if its wants to join in a worldwide shift toward a more environmentally sensitive economy. Nguyen Van Tai, an official with the Natural Resources Ministry, told a policy forum Tuesday that Vietnam’s economy is overly dependent on the exploitation of natural resources […]
Dalai Lama Cancels Visit to South Africa over Visa Troubles
The Dalai Lama says South Africa’s failure to issue him a travel visa has forced him to call off his planned participation in this week’s birthday celebration of anti-apartheid leader Desmond Tutu. In a statement released Tuesday, the Dalai Lama’s office in India said it is convinced that, “for whatever reason,” the South Africa government […]
Car Bomb Kills 10 in Somali Capital
A car bomb has exploded outside a government building in the Somali capital, Mogadishu, killing at least 10 people. The al-Qaida-linked militant group al-Shabab has claimed responsibility for Tuesday’s attack. Al-Shabab is fighting to overthrow Somalia’s fragile transitional government in a bid to impose a strict form of Sharia, or Islamic law. The group recently […]
Amanda Knox Leaves Italy After Murder Conviction is Overturned
American college student Amanda Knox boarded an airplane in Italy a free woman Tuesday enroute to the United States, after a jury in Italy overturned her murder conviction. Knox collapsed in tears and the courtroom erupted Monday evening when the court decision was read. Knox’s former Italian boyfriend and co-defendant, Raffaele Sollecito, also was exonerated […]