Weak yen a help for Japan, but headache elsewhere
Elaine Kurtenbach, Associated Press |
posted 3 minutes ago
A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan's main trading partners, who are betting the impact on their own currencies will be offset by gains from a recovery in the world's third-largest economy. It's not such good news for entrepreneurs like Thamonwan Thawornthaweewong, whose Angry Bird fish balls, squid rings and other products now cost more to sell in Japan.
Pakistani cricket star politician leaves hospital
Munir Ahmed, Associated Press |
posted 52 minutes ago
Pakistani cricket star-turned politician Imran Khan left the hospital Wednesday, more than two weeks after he suffered serious back injuries in a fall from a forklift at a campaign event, a spokesman said.
Japan's central bank says economy picking up
Elaine Kurtenbach, Associated Press |
posted 54 minutes ago
Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month.
Oil falls below $96 before Fed chief speaks
Pamela Sampson, Associated Press |
posted 58 minutes ago
The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy.
US parents quit Singapore inquest into son's death
Heather Tan, Associated Press |
posted May 22nd - 12:01am
The parents of an American software engineer who believe their son was murdered last year in Singapore withdrew from the inquest Wednesday, saying they have no confidence in the city-state's legal process.
Asia stocks rise as Fed official backs easy policy
Pamela Sampson, Associated Press |
posted May 21st - 11:59pm
Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy.
North Korea sends leader's special envoy to China
Margie Mason, Associated Press |
posted May 21st - 11:51pm
North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to China on Wednesday as Beijing faces pressure to rein in its belligerent neighbor.
Japan mulls talks with NKorea, surprising allies
Associated Press |
posted May 21st - 11:15pm
Japan's government is looking into re-opening official talks with North Korea to resolve questions over the abductions of Japanese citizens decades ago, raising concerns among allies who fear Tokyo's focus on that issue might weaken efforts to rein in Pyongyang's nuclear weapons program.
State media shows NKorea has new military chief
Associated Press |
posted May 21st - 9:54pm
A North Korean state media dispatch shows that leader Kim Jong Un has named a hardline general as his new military chief.
All 28 bodies recovered from Indonesian mine room
Jefrey Pattirajawane, Associated Press |
posted May 21st - 9:14pm
Rescuers have recovered all 28 bodies from a collapsed underground room inside the giant U.S.-owned gold and copper mine in Indonesia's province of Papua.
Asia
May 26th, 2011 @ 1:55pm
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