BY SLOBODAN LEKICAssociated PressLUXEMBOURGThe European Union on Monday suspended its sanctions against Myanmar for a year following a wave of widely praised political reforms in the country, but will retain an embargo on arms sales, officials said. The EU wants
BEIJING, April 22 (UPI) — Senior Chinese and North Korean officials held talks in Beijing eight days after Pyongyang’s controversial missile launch, state media reported from Pyongyang. Details of the talks Saturday weren’t disclosed, but the government’s Korean Central News
By MALCOLM FOSTERAssociated WriterTOKYOJapan said Saturday it will forgive about 300 billion yen ($3.7 billion) of Myanmar’s debt and resume development aid as a way to support the country’s democratic and economic reforms. The government made the announcement after a
On April 1st, 2012, the United States enjoyed the dubious honor of achieving the highest corporate income tax rate in the developed world. Japan, which had “led” the world rate sweepstakes by a nose, cut its rate below America’s. There’s
By KARL RITTERAssociated PressOSLO, NorwayNorwegian gunman Anders Behring Breivik insisted Tuesday he would massacre 77 people all over again, calling his July rampage the most “spectacular” attack by a nationalist militant since World War II. Reading a prepared statement in
(AP) Foreign holdings of US debt hit record highBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONForeign demand for U.S. Treasury debt rose to a record high in February. China, the largest buyer of Treasury debt, increased its holdings for the second straight month.
(AP) New North Korean leader makes first public speechBy JEAN H. LEEAssociated PressPYONGYANG, North KoreaNorth Korea’s new leader addressed his nation and the world for the first time Sunday, vowing before cheering troops and bouquet-waving citizens to place top priority
British Prime Minister David Cameron (L), seen here arriving at Haneda Airport in Tokyo, on April 10, is in Indonesia as earthquakes and tsunamis hit the region this morning. Cameron kicked off his tour of Asia, starting with his visit
This morning’s key headlines from GenerationalDynamics.com. Philippines to commemorate 70th anniversary of the Bataan Death March North Korea appears to be preparing for new underground nuclear test Japan deploys Patriot missile batteries in Tokyo over N. Korean missile test Syria’s
European stock markets slid in early trade Tuesday, with banking shares among the biggest fallers as investors reacted to weak US jobs data following an extended break for Easter. London’s benchmark FTSE 100 index retreated 1.15 percent to 5,657.63 points
The Japanese government on Monday gave a former prime minister a ticking off over a “personal” visit to Iran, where he met President Mahmoud Ahmadinejad and apparently criticised the IAEA. Yukio Hatoyama, whose short stint in the top job ended
North Korea is counting down to the 100th anniversary of its founder’s birth, with top-level meetings and a controversial rocket launch scheduled in coming days to bolster his grandson’s credentials. The secretive state, in an unprecedented move, on Sunday invited
China has set up a rare earth industry group, the government said Monday, in a bid to streamline the sprawling sector and fend off complaints about Beijing’s seemingly monopolistic control. The United States, European Union and Japan last month lodged
China’s booming movie industry is attracting interest from Hollywood heavyweights, as they chase bigger box-office returns to offset tighter margins at home. Films with Asian and especially Chinese themes are becoming more prominent after Hollywood hit a 16-year low in
(AP) Coast Guard fires on Japanese ghost shipBy MARK THIESSEN and RACHEL D’OROAssociated PressOVER THE GULF OF ALASKAThe U.S. Coast Guard unleashed cannon fire Thursday at a Japanese vessel set adrift by last year’s tsunami, stopping the ship’s long, lonely
(AP) World stocks fall as Europe debt woes flare anewBy PAMELA SAMPSONAP Business WriterBANGKOKWorld stock markets fell Thursday after a weak Spanish bond auction inflamed concerns about the European debt crisis and hopes faded for more help for the U.S.
(AP) Asia stocks slump on US job growth worriesBy PAMELA SAMPSONAP Business WriterBANGKOKAsian stock markets followed Wall Street into negative territory Wednesday after the U.S. Federal Reserve voiced concern about U.S. job growth but appeared to refrain from taking steps
Last year, I expressed skepticism that the White House was serious about reducing the corporate tax rate. And, sure enough, when the Obama Administration produced a plan earlier this year, it was a disappointing mix of a few good provisions and several unpalatable
Tokyo Electric Power Co., the operator of the troubled Fukushima Daiichi nuclear power plant, has begun steps to suspend operations at its last running nuclear reactor in order to carry out checks. The No. 6 unit at the company’s Kashiwazaki-Kariwa
The “Drill, baby, drill!” mantra of the 2008 Republican National Convention was cynically answered by Barack Obama supporters at the Democratic Convention with: “You can’t drill your way out of the problem.” To address what President Obama called the worst
(AP) Global box office up 3 percent to $32.6 billion By RYAN NAKASHIMA AP Business Writer LOS ANGELES Ticket sales for movies shown around the globe rose 3 percent in 2011 to $32.6 billion, largely because of growth in booming
Turkey’s energy minister said Wednesday negotiations were under way to earn waivers from US sanctions on crude oil imports from neighbouring Iran. “Currently talks are being conducted at the level of companies,” Taner Yildiz was quoted as saying by the
(AP) Hancock launches International Jazz DayBy CHARLES J. GANSAssociated PressNEW YORKAmbassador Herbie Hancock believes what the world needs is a little jazz diplomacy. The renowned jazz pianist’s first major initiative since being named a UNESCO Goodwill Ambassador last July is
(AP) North Korea plans to launch long-range rocketPYONGYANG, North KoreaNorth Korea plans to blast a satellite into space next month to mark the centenary of the birth of its founder, Kim Il Sung, which the U.S. quickly called a “deal-breaker”
Japan’s prime miniser and Emperor Akihito remember the victims of the earthquake, tsunami and nuclear crisis that struck the country one year ago.
