One northern Indian state is hoping a new land acquisition policy can calm rising tensions between farmers and industrialists. Uttar Pradesh Chief Minister Mayawati says the changes will remove the government as the middleman in land deals between farmers and private companies. She says the government would still act as a facilitator but that farmers […]
Indian State Yields to Farmers on Land Policy
Posted June 3rd, 2011 at 7:15 am (UTC-5)
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Indian Yoga Guru Ready to Begin Fast
Posted June 3rd, 2011 at 6:55 am (UTC-5)
India’s most famous yoga guru says he is ready to begin his “fast unto death” against corruption if the government does not take action on the country’s deep corruption problems. Baba Ramdev said Friday he will not succumb to pressure from Indian Prime Minister Monmahan Singh and other senior government officials. The yoga guru has […]
Asian Markets Close Mostly Lower
Posted June 3rd, 2011 at 6:40 am (UTC-5)
Asian stock markets closed mostly lower Friday. Tokyo’s Nikkei index lost two-thirds of a percent , to close at 9,492. Hong Kong’s Hang Seng index dropped 1.31 percent , to end at 22,950. Elsewhere, share prices were lower in Seoul, Sydney, Mumbai, Singapore, Bangkok, Wellington and Manila. Markets closed higher in Shanghai, Taipei, Kuala Lumpur […]
Gates Meets with U.S. Allies at Asian Security Conference
Posted June 3rd, 2011 at 6:35 am (UTC-5)
U.S. and Chinese defense chiefs said Friday that military relations between the two countries had made some progress and are moving in a positive direction. U.S. Defense Secretary Robert Gates and his Chinese counterpart, General Liang Guanglie made the statement Friday in Singapore, where they held talks ahead of the start of the Shangri-La Dialogue […]
McCain Urges Burma to Quickly Implement Reforms
Posted June 3rd, 2011 at 5:50 am (UTC-5)
U.S. Senator John McCain, ending a three-day visit to Burma, called on the government to free its more than 2,000 political prisoners and quickly implement democratic reforms. McCain told a news conference Friday that it was clear from his meetings with top officials that Burma wants closer relations with the United States. However, he said […]
Pakistan and US to Carry Out Joint Intelligence Operations
Posted June 3rd, 2011 at 5:35 am (UTC-5)
Pakistan’s foreign ministry says Pakistani and U.S. teams will carry out joint operations and share intelligence in the campaign against militants. The announcement indicates the U.S. and Pakistan are trying to repair their frayed ties following the secret U.S. raid in May that killed al-Qaida leader Osama bin Laden in Pakistan.. Pakistani leaders were angered […]
Tokyo Stocks, Dollar Down
Posted June 3rd, 2011 at 5:30 am (UTC-5)
Japanese share prices ended lower Friday, while the dollar slipped against the yen. Tokyo’s Nikkei index lost two-thirds of a percent , to close at 9,492. In currency trading, the dollar was selling at 80.61 yen, down three-tenths of a yen from late Thursday. Gold was trading at $1,531.78 an ounce.
Vietnam Announces Election Results
Posted June 3rd, 2011 at 5:00 am (UTC-5)
Vietnam has released the results of elections for the National Assembly, with more than 90 percent of the lawmakers elected from the ruling Communist Party. Secretary General of the Elections Commission Pham Minh Tuyen told reporters Friday that only 14 of the 500 lawmakers elected were not members of the party. Tuyen called the election […]
Asian Markets Mostly Lower
Posted June 3rd, 2011 at 4:40 am (UTC-5)
Asian stock markets were mostly lower in early trading Friday. Tokyo’s Nikkei index lost two-thirds of a percent , to close at 9,492. Hong Kong’s Hang Seng index dropped 1.31 percent , to end at 22,950. Elsewhere, share prices were higher in Shanghai and Taipei. Markets closed lower in Sydney, Wellington and Manila. In currency […]
Tokyo Stocks, Dollar Down
Posted June 3rd, 2011 at 2:25 am (UTC-5)
Japanese share prices ended lower Friday, while the dollar slipped against the yen. Tokyo’s Nikkei index lost two-thirds of a percent , to close at 9,492. In currency trading, the dollar was selling at 80.68 yen, down two-tenths of a yen from late Thursday. The Taipei market gained six-tenths of a percent , to close […]
