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Japan wants Seoul's political decision on forced labor row

Mari Yamaguchi, Associated Press  |  Posted Dec 19th - 5:09am

Japan's top diplomat said Wednesday that South Korea's government taking action to resolve a legal dispute stemming from South Korean court rulings on forced labor during Japanese colonial rule is emerging as a key diplomatic priority.

Volkswagen shakes up management pay after diesel scandal

The Associated Press  |  Posted Dec 19th - 5:04am

Volkswagen says it is changing the pay system for its senior management, dropping personal performance bonuses and increasing the extent to which the company's performance is reflected in variable pay.

Ukraine secures new IMF loan after making reforms

The Associated Press  |  Posted Dec 19th - 4:57am

The Ukrainian leader says the International Monetary Fund has approved a new loan for the country.

EU reaches deal with Italy on budget

The Associated Press  |  Posted Dec 19th - 4:52am

The European Commission said Wednesday it has reached an agreement with Italy on its budget plans, which the EU's executive arm had warned could break the euro's rules and lead to legal action.

German Cabinet approves plan to expand job-seeker visas

The Associated Press  |  Posted Dec 19th - 4:16am

Germany's Cabinet has approved a plan to expand a system of visas allowing people from outside the European Union to seek jobs as it tries to tackle a shortfall of skilled workers.

US, China face off again at World Trade Organization

The Associated Press  |  Posted Dec 19th - 4:09am

China and the United States traded barbs again Wednesday at the World Trade Organization, with the U.S. ambassador accusing China of technology theft while Beijing's envoy retorted that the U.S. was "finger-pointing."

The Latest: Markets edge up as investors eye Fed decision

The Associated Press  |  Posted Dec 19th - 3:49am

The Latest on the Federal Reserve's monetary policy meeting (all times local):

UK to unveil post-Brexit immigration plan amid business fear

Jill Lawless, Associated Press  |  Posted Dec 19th - 3:21am

With 100 days until Britain leaves the European Union, the government was publishing long-awaited plans Wednesday for a post-Brexit immigration system that will end free movement of EU citizens to the U.K.

10 detained in Estonia over massive money laundering

The Associated Press  |  Posted Dec 19th - 3:19am

Ten former employees of the Estonian branch of Danske Bank have been detained in connection with a probe into a major money laundering scandal that allegedly involved money from Russia and former Soviet states.

Facebook purges more Myanmar accounts for misrepresentation

The Associated Press  |  Posted Dec 19th - 3:18am

Facebook has announced its third and biggest purge of military-linked accounts in Myanmar, where critics have charged that the social network did too little to block inflammatory material that fueled communal hatred and violence, particularly against the country's Muslim Rohingya minority.

US official says Washington reviewing North Korea travel ban

Hyung-Jin Kim, Associated Press  |  Posted Dec 19th - 3:12am

The Trump administration's special envoy for North Korea said Wednesday that Washington is reviewing easing its travel restrictions to North Korea to facilitate humanitarian shipments as part of efforts to resolve an impasse in nuclear diplomacy.

UK inflation eases but outlook depends on Brexit

Pan Pylas, Associated Press  |  Posted Dec 19th - 2:53am

Inflation in Britain rose in November by its weakest rate in 21 months, a development that's likely to cheer consumers as they get ready for some last-minute Christmas shopping.

Pakistan takes steps to avoid terror finance blacklist

Munir Ahmed, Associated Press  |  Posted Dec 19th - 2:51am

Pakistani officials say the government has approved fresh measures to avoid being blacklisted by an international group that monitors money laundering and terror financing.

Norway sees boom in electric cars, fueled by the government

Mark Lewis, Associated Press  |  Posted Dec 19th - 2:49am

A silent revolution has transformed driving in Norway.

GSK, Pfizer to merge their healthcare divisions

The Associated Press  |  Posted Dec 19th - 2:14am

Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion).

World markets rise ahead of Fed's rate decision

Annabelle Liang, Associated Press  |  Posted Dec 18th - 11:39pm

World stocks were mostly higher Wednesday ahead of an expected rate hike by the Federal Reserve, while Asian indexes were weighed by Japanese data that showed its exports slowing in November.

In farewell, Ryan sees solutions if 'politics will allow it'

Alan Fram, Associated Press  |  Posted Dec 18th - 10:42pm

Outgoing House Speaker Paul Ryan is bemoaning America's "broken politics" in a farewell speech in which he calls Washington's failure to overhaul costly federal benefit programs "our greatest unfinished business."

Consumer groups allege Google misleads kids in FTC complaint

Michael Liedtke, Associated Press  |  Posted Dec 18th - 10:07pm

Nearly two dozen consumer, privacy and public health groups are urging U.S. regulators to investigate whether children are being endangered by deceptive apps in Google's app store for smartphones running on its Android software.

Fed is expected to raise rates while Trump presses criticism

Martin Crutsinger, Associated Press  |  Posted Dec 18th - 10:07pm

The Federal Reserve is expected Wednesday to raise its benchmark rate for a fourth time this year despite President Donald Trump's repeated assertions that doing so would be a terrible idea.

Trust for US bondholders sues Venezuela over defaulted debt

The Associated Press  |  Posted Dec 18th - 8:30pm

A trust representing holders of Venezuelan bonds filed suit in New York federal court Tuesday demanding payment on more than $34 million in unpaid debt.