Afghan President Hamid Karzai departed Tuesday for a two-day diplomatic trip to India, a visit that comes amid increasing tension with Pakistan, a traditional foe of both countries. President Karzai will meet with Indian Prime Minister Manmohan Singh in New Delhi, where the two leaders are expected to boost economic ties. Mr. Karzai and Mr. […]
Amid Tension with Pakistan, Karzai Begins Two-Day Visit to India
Mild Losses on Japan’s Nikkei Index
Japanese markets closed lower Tuesday, while the U.S. dollar is trading slightly lower against the Japanese yen. Tokyo’s Nikkei index lost just over one percent to finish at 8,456. The dollar was selling at 76.61 yen, a loss of a fraction of a yen from Monday. Gold is trading at $1,670.55 an ounce.
Japan Gears Up for Antarctic Whale Hunt
Japan is gearing up for this year’s Antarctic whale hunt with a sharp eye on anti-whaling activists who forced an early end to last year’s hunt. Fisheries Minister Michihiko Kano said Tuesday the government is planning new measures to protect the whale hunters. He said those measures will include the dispatch of a Coast Guard […]
Greek Protestors Voice Disapproval of Economic Woes
Greek protestors took to the streets of Athens Tuesday to show their displeasure with austerity plans for their country. Protestors blocked the entrance to several government buildings, including the Greek finance and labor ministries. Demonstrators said they did not want to lose their jobs or have their pay reduced as a part of expanding austerity […]
Taiwan Presidential Candidate Seeks Ally in Japan
Taiwan presidential candidate Tsai Ing-wen says she would like to see Taiwan strengthen its economic ties with Japan so as not to become too dependent on China. Ms. Tsai is running in January elections against Taiwan President Ma Ying-jeou, whose China-friendly policies have resulted in a series of lucrative trade deals between Taiwan and the […]
US Defense Chief Criticizes Palestinian Aid Block
U.S. Defense Secretary Leon Panetta has criticized U.S. lawmakers for suspending $200 million in aid slated to fund development projects in the Palestinian territories. Panetta said Monday at a news conference in Tel Aviv with Israeli Defense Minister Ehud Barak that this is “no time to withhold those funds.” He said it is a “critical” […]
Asian Stocks Mostly Lower
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 Manila and Sydney. The Shanghai index was […]
2011 Nobel Prize in Physics to be Announced Tuesday
The Nobel Foundation in Stockholm is scheduled to announce the 2011 Nobel Prize for Physics Tuesday. On Monday, the Nobel Prize for Medicine was give to Canadian-born Ralph Steinman, Bruce Beutler of the United States and Jules Hoffmann of Luxembourg for their work increasing understanding of the immune system, which could lead to curing cancer […]
Philippines Seeks to Reassure Mining Sector After Rebel Attacks
Philippines officials are promising improved security for the nation’s key mining industry after communist rebels overran three operations this week. Officials said Tuesday that President Benigno Aquino has ordered a review of procedures at the nation’s mines and that investors should be confident the perpetrators of Monday’s attacks will be brought to justice. However a […]
US Military to Deliver Suspected Rapist to South Korea
U.S. forces in South Korea say they are turning over a soldier suspected of raping a young South Korean woman to local authorities. The 2nd Infantry Division of the U.S. Army released a statement Tuesday saying it will transfer custody of the soldier on Thursday, in accordance to the Status of Forces agreement between the […]