• Top Asian News at 7:30 a.m. GMT

    Associated Press - 22 hours ago

    MOKPO, South Korea (AP) — Strong currents, rain and bad visibility hampered an increasingly anxious search Thursday for 287 passengers, many thought to be high school students, still missing more than a day after their ferry flipped onto its side and sank in cold waters off the southern coast of South Korea. Nine people, including five students and two teachers, were confirmed dead, but many expect a sharp jump in that number because of the long period of time the missing have now spent either trapped in the ferry or in the cold seawater. More »Top Asian News at 7:30 a.m. GMT

  • Top Asian News at 7:00 a.m. GMT

    Associated Press - 22 hours ago

    MOKPO, South Korea (AP) — Strong currents, rain and bad visibility hampered an increasingly anxious search Thursday for 287 passengers, many thought to be high school students, still missing more than a day after their ferry flipped onto its side and sank in cold waters off the southern coast of South Korea. Nine people, including five students and two teachers, were confirmed dead, but many expect a sharp jump in that number because of the long period of time the missing have now spent either trapped in the ferry or in the cold seawater. More »Top Asian News at 7:00 a.m. GMT

  • France to slow deficit reduction, will respect targets - minister

    Reuters - 22 hours ago

    France has won backing from its European partners to slightly slow the reduction of its public deficit, but it will respect its EU-imposed deficit targets, French Finance Minister Michel Sapin said on Thursday. The French government aims to bring the deficit in line with an EU limit of 3 percent of national income next year, a target most economists consider out of reach. The government has fallen behind on deficit reduction after the hole in the public finances came to 4.3 percent last year, missing its target of 4.1 percent. Sapin said he had not sought backing from Brussels for extra time to cut the deficit, but rather had discussed and "partly" won support for changing the speed at which the deficit is reduced. More »France to slow deficit reduction, will respect targets - minister

  • Miley Cyrus Rushed To Hospital In Allergy Drama

    Sky News - 22 hours ago

    Miley Cyrus has been forced to cancel two concerts after being rushed to hospital suffering from a severe allergic reaction to antibiotics. Cyrus herself took to Twitter to tell her fans she was as heartbroken as they were to miss the show. She also tweeted a picture of herself in bed wearing what looked like a hospital gown. More »Miley Cyrus Rushed To Hospital In Allergy Drama

  • Curious about Palestine, Israeli visitors return

    Associated Press - 22 hours ago

    RAMALLAH, West Bank (AP) — This bustling center of Palestinian life is just a 20-minute drive from Jerusalem, but for Israelis it might as well be on the other side of the world. More »Curious about Palestine, Israeli visitors return

  • Clone candidates clutter Indian election contests

    Reuters - 22 hours ago

    By Nandita Bose MAVAL, India (Reuters) - Voters in a parliamentary constituency in western India could be forgiven for asking the real candidates to please stand up. The race in Maval, a constituency of 1.9 million voters in Maharashtra state, has two real contenders: One is Shrirang Barne of the Shiv Sena, an ally of the opposition Bharatiya Janata Party (BJP) that is on track to form the next government. The other is Laxman Jagtap of the Peasants and Workers Party (PWP), an ally of the ruling Congress Party. More »Clone candidates clutter Indian election contests

  • Algerians cast votes in presidential poll

    Al Jazeera - 22 hours ago

    Abdelaziz Bouteflika, seen by opposition as unfit for fourth mandate amid ailing health, is expected to win election. More »Algerians cast votes in presidential poll

  • Mulberry reverts to lower prices after new profit warning

    Reuters - 22 hours ago

    Mulberry is to cut prices to return to its more affordable luxury roots after the British brand warned underlying annual profit would be marginally below expectations, its fourth downgrade in two years. The group, which is still looking for a new chief executive after the departure last month of Bruno Guillon, said while the return to more affordable prices would have a short-term financial impact, it was needed to ensure the future strength of the company. Under Guillon, Mulberry hiked prices in an effort to become more exclusive and win back customers who were upgrading to pricier brands. But, like others in the market, it has been taken by surprise by the arrival of aspirational brands at the lower end of the luxury range, such as Michael Kors . More »Mulberry reverts to lower prices after new profit warning

  • Top Asian News at 6:30 a.m. GMT

    Associated Press - 23 hours ago

    MOKPO, South Korea (AP) — Strong currents, rain and bad visibility hampered an increasingly anxious search Thursday for 287 passengers, many thought to be high school students, still missing more than a day after their ferry flipped onto its side and sank in cold waters off the southern coast of South Korea. Nine people, including five students and two teachers, were confirmed dead, but many expect a sharp jump in that number because of the long period of time the missing have now spent either trapped in the ferry or in the cold seawater. More »Top Asian News at 6:30 a.m. GMT

  • Cancer Patients To Test Personalised Drugs

    Sky News - 23 hours ago

    A unique new trial could bring hope to thousands of lung cancer patients in the UK by targeting their tumours with more personalised medication. Cancer Research UK is teaming up with pharmaceutical companies and the NHS to launch the "National Lung Matrix" trial this summer. The patient could then be given the opportunity to try out a specific drug designed to target their type of cancer. Speaking to Sky News, Professor Peter Johnson, Chief Clinician for Cancer Research UK, said the amazing advancements in molecular testing mean we now know a lot more about how different types of cancer develop. More »Cancer Patients To Test Personalised Drugs

  • Fears rise for missing in SKorea ferry sinking

    Associated Press - 23 hours ago

    MOKPO, South Korea (AP) — Strong currents, rain and bad visibility hampered an increasingly anxious search Thursday for 287 passengers, many thought to be high school students, still missing more than a day after their ferry flipped onto its side and sank in cold waters off the southern coast of South Korea. More »Fears rise for missing in SKorea ferry sinking

  • Why Holy Thursday is so important to Christians

    The Week - 23 hours ago

    For most Christians, this week — Holy Week — is the most important week of the year. Holy Week culminates in the Paschal Triduum, the three days commemorating the crucifixion, death, and resurrection of Jesus Christ. Many Christians prepare for this event with 40 days of fasting, prayer, and almsgiving. Jesus had his last meal — a Jewish Passover meal — with his disciples on the evening of a Thursday (commemorated as Holy Thursday), was arrested during the night, tried Friday morning (Good Friday), condemned, crucified, and died before sundown on Friday. More »Why Holy Thursday is so important to Christians

  • Top Asian News at 6:00 a.m. GMT

    Associated Press - 23 hours ago

    MOKPO, South Korea (AP) — Strong currents, rain and bad visibility hampered an increasingly anxious search Thursday for 287 passengers still missing a day after their ferry flipped onto its side and sank in cold waters off the southern coast of South Korea. Nine people, including five students and two teachers, were confirmed dead, but many expect a sharp jump in that number because of the long period of time the missing have now spent either trapped in the ferry or in the cold seawater. There was also fury among families waiting for word of passengers who were mostly high school students. More »Top Asian News at 6:00 a.m. GMT

  • Algeria: The challenge of poor choices

    Al Jazeera - 23 hours ago

    New leaders are needed for Algeria's problems to be resolved. More »Algeria: The challenge of poor choices

  • Citi received mixed signals from the Fed on 'stress test' - WSJ

    Reuters - Thu, Apr 17, 2014

    (Reuters) - The Federal Reserve indicated to Citigroup Inc that the bank would get more time to fix certain "stress test" planning problems before rejecting its capital plan last month, the Wall Street Journal reported, citing people close to the company. The Fed had agreed to give Citigroup a 2015 deadline to address a series of shortcomings identified by the regulator in the wake of the 2013 test, the report said. More »Citi received mixed signals from the Fed on 'stress test' - WSJ

  • Reports of e-cigarette injury jump amid rising popularity, U.S. data show

    Reuters - Thu, Apr 17, 2014

    By Toni Clarke WASHINGTON (Reuters) - Complaints of injury linked to e-cigarettes, from burns and nicotine toxicity to respiratory and cardiovascular problems, have jumped over the past year as the devices become more popular, the most recent U.S. data show. Between March 2013 and March 2014, more than 50 complaints about e-cigarettes were filed with the U.S. Food and Drug Administration, according to data obtained through a public records request. The health problems were not necessarily caused by e-cigarettes. Still, David Ashley, director of the office of science at the FDA's tobacco division, said the uptick is significant, especially in light of a recent report from the U.S. Centers for Disease Control and Prevention showing an increase in the number of e-cigarette-related calls to poison control centres. More »Reports of e-cigarette injury jump amid rising popularity, U.S. data show

  • Brazil unveils $10 billion infrastructure budget for Rio Olympics

    Reuters - Thu, Apr 17, 2014

    By Pedro Fonseca RIO DE JANEIRO (Reuters) - Brazilian authorities unveiled an infrastructure budget of 24.1 billion reais (6.39 billion pounds) for the Rio 2016 Olympic Games, 25 percent more than planned, as they try to reassure the world they can deliver facilities on time. The budget covers 27 projects in urban development and public transport, including 8 billion reais for a newly added fourth metro line for Rio, Brazil's congested second largest city, where getting around town is an ordeal. Other initially envisaged projects were excluded, such as the upgrade to Rio's international airport Galeao, which has been handed to private operators. Rio Mayor Eduardo Paes said the higher budget was due to the inclusion of new projects and inflation, which has blown up costs by 30 percent since Rio won hosting rights for the event in 2009. More »Brazil unveils $10 billion infrastructure budget for Rio Olympics

  • Argentina's fight with bondholders reaches U.S. top court

    Reuters - Thu, Apr 17, 2014

    By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Monday wades into Argentina's multi-billion dollar legal fight with bond investors who turned down two debt restructuring offers after the country's 2002 default. The relatively narrow case that the nine justices are due to hear concerns whether the investors can force banks in New York with which Argentina does business to disclose information about the country's non-U.S. assets as the investors seek repayment. A bigger case, in which Argentina is challenging a court judgment ordering it to pay $1.33 billion (790.25 million pounds) to the so-called "holdout" bond investors or face a potential default if it refuses to do so, waits in the wings. Argentina has been battling for a decade with the bondholders led by hedge funds NML Capital Ltd, a unit of billionaire Paul Singer's Elliott Management Corp, and Aurelius Capital Management. More »Argentina's fight with bondholders reaches U.S. top court

  • Scientists unscramble the great sperm-egg secret

    AFP - Thu, Apr 17, 2014

    Scientists said they had made the long-sought discovery of how sperm latches onto an egg in the very first spark of reproduction, the outcome of a near decade-long hunt. More »Scientists unscramble the great sperm-egg secret

  • Olympics-Brazil unveils $10 bln infrastructure budget for Rio

    Reuters - Thu, Apr 17, 2014

    By Pedro Fonseca RIO DE JANEIRO, April 16 (Reuters) - Brazilian authorities unveiled an infrastructure budget of 24.1 billion reais ($10.76 billion) for the Rio 2016 Olympic Games, 25 percent more than planned, as they try to reassure the world they can deliver facilities on time. The budget covers 27 projects in urban development and public transport, including 8 billion reais for a newly added fourth metro line for Rio, Brazil's congested second largest city, where getting around town is an ordeal. Other initially envisaged projects were excluded, such as the upgrade to Rio's international airport Galeao, which has been handed to private operators. Rio Mayor Eduardo Paes said the higher budget was due to the inclusion of new projects and inflation, which has blown up costs by 30 percent since Rio won hosting rights for the event in 2009. More »Olympics-Brazil unveils $10 bln infrastructure budget for Rio

  • Firetruck rams California eatery; 15 injured

    Associated Press - Thu, Apr 17, 2014

    MONTEREY PARK, Calif. (AP) — Two firetrucks heading to a burning home collided Wednesday in a Los Angeles suburb, sending one careening into a restaurant and injuring 15 people, including six firefighters. More »Firetruck rams California eatery; 15 injured

  • China releases blogger on bail, jails another amid rumour crackdown

    Reuters - Thu, Apr 17, 2014

    A Chinese-American venture capitalist known for his controversial blogs has been released on bail after nearly eight months in detention because of a "serious illness", Beijing police said amid a crackdown on online dissent. Charles Xue, also known as Xue Manzi, was detained in August on a charge of visiting prostitutes, an accusation that activists said stemmed from China's efforts to rein in social media. China's crackdown on online "rumour-mongering" is widely seen as a tool to halt criticism of the ruling Communist Party and has chilled political discourse, with high-profile bloggers saying they have reined in sensitive posts for fear of detention. State television showed Xue on television on Wednesday night confessing to his crime, saying he was extremely sorry to his wife and children. More »China releases blogger on bail, jails another amid rumour crackdown

  • BP says shore clean-up after Gulf of Mexico oil spill ends

    Reuters - Thu, Apr 17, 2014

    (Reuters) - BP Plc said the U.S. Coast Guard on Tuesday ended patrols and operations on the final three shoreline miles in Louisiana, bringing to a close the four-year cleanup of the Gulf Coast following the Deepwater Horizon oil spill. The move completes a cleanup operations that ended in Florida, Alabama and Mississippi last June, BP said in a statement on Tuesday. "BP has spent more than $14 billion and more than 70 million personnel hours on response and cleanup activities," Laura Folse, BP's executive vice president for Response and Environmental Restoration, said in a statement. More »BP says shore clean-up after Gulf of Mexico oil spill ends

  • China commerce ministry - Economy faring better than data shows

    Reuters - Thu, Apr 17, 2014

    BEIJING (Reuters) - China's economy is faring better than released data shows and, while there is a need to be cautious over the trade outlook, the country is likely to achieve its trade growth target for this year, the commerce ministry said on Thursday. Trade growth could show signs of improving from the second quarter, ministry spokesman Shen Danyang also told reporters at a briefing on FDI figures. (Reporting by Aileen Wang and Jonathan Standing) More »China commerce ministry - Economy faring better than data shows

  • Google, IBM results raise questions about other tech-sector companies

    Reuters - Thu, Apr 17, 2014

    By Alexei Oreskovic and Noel Randewich SAN FRANCISCO (Reuters) - Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks. IBM blamed weak hardware sales for its lowest quarterly revenue in five years, worsened by an 11 percent slide in overall sales in emerging markets including China, Brazil, Russia and India. Like IBM, they have struggled to grow their businesses, particularly in China, whose economy is down-shifting after years of hyper-growth. More »Google, IBM results raise questions about other tech-sector companies

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