5 climbers feared dead on worlds 3rd highest peak

The Seattle Times - Friday 24th May, 2013

KATMANDU, Nepal — A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain. The five disappeared Monday on Mount Kanchenjunga, and bad weather was preventing a rescue helicopter from reaching the base camp. Mountaineering Department official Dipendra Poudel said Friday the climbers were descending from the summit when they were ...

2 former sex slaves cancel Japan mayor meeting

The Seattle Times - Friday 24th May, 2013

Two Korean former sex slaves have canceled a meeting with an outspoken Japanese mayor who last week said Japan's wartime practice of using many Asian women as prostitutes was necessary to maintain military ...

Lis visit to elevate Chinas ties with Germany Europe

China Daily - Friday 24th May, 2013

/enpproperty--> BERLIN - Chinese Premier Li Keqiang's upcoming visit to Germany will further cooperation and strategic partnership between the two nations, according to China's ambassador in Berlin. The fact that Germany, the last stop of Li's maiden overseas tour as premier, is the only European Union (EU) member included on the itinerary evinces the great importance that ...

FM Lis visit highlights China-Pakistan bond

China Daily - Friday 24th May, 2013

/enpproperty--> ISLAMABAD - Pakistan is China's all-weather strategic cooperation partner, and the bilateral relationship is characterized by the blessing of good-neighborliness, Foreign Minister Wang Yi said Thursday. Wang made the remarks in comments on Premier Li Keqiang's just-concluded visit to the South Asian country, which he said bore rich fruit, charted a new course for ...

Barack Obama seeks end to perpetual US war on terror

Times of India - Friday 24th May, 2013

Barack Obama wants to pull the United States back from some of the most controversial aspects of its global fight against Islamist militants. In a major policy speech on Thursday, Obama narrowed the scope of the targeted-killing drone campaign ...

North Korea town opens to Western tourists Travel agents

Times of India - Friday 24th May, 2013

BEIJING: North Korea's authorities have opened the border town of Sinuiju to Western tourists, Chinese-based travel agencies said, despite international tensions over Pyongyang's nuclear test in February. The move opens up the possibility of foreign tourists being able to make day tours to the secretive state, a considerably cheaper option than the more expensive multi-day trips ...

North Korea envoy offers talks says Chinese media

India Today - Friday 24th May, 2013

A North Korean envoy, on the second day of his fence-mending visit to ally China, heeded Beijing's wishes by offering to renew nuclear disarmament talks, Chinese state media said.The accounts depicted on Thursday's meeting between North Korean Vice Marshal Choe Ryong Hae and Chinese Communist Party leader Liu Yunshan as paying Beijing the deference it sought after months of rising ...

Japans ANA to resume Boeing 787 flights on Sunday

Associated Press - Friday 24th May, 2013

TOKYO (AP) -- Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smoldering ...

Asia Markets Japan stocks plunge back into losses

CBS Marketwatch - Friday 24th May, 2013

HONG KONG (MarketWatch) -- Japanese stocks plunged deep into losses Friday afternoon on a wave of selling, as remarks from the Bank of Japan governor failed to ease concerns about a rise in government-bond ...

Japan stocks rebound from overnight collapse as yen-sellers resurface

FXstreet - Friday 24th May, 2013

Japan's cabinet officials as well as BOJ Gov Kuroda smoothed over concerns, reiterating the JGB and equity markets are being closely watched, and the primary policymakers focus is beating deflation. Note the 10-yr JGB yield, which fell over 15bps from overnight 1% highs after the BOJ liquidity injection, is back in high 0.80%'s. Market focus turns to the IFO data out of Germany in the ...

North Korea agrees to return to nuclear talks under pressure from China

The Guardian - Friday 24th May, 2013

Liu Yunshan (right), a senior Communist party official, poses for the cameras with North Korean envoy Choe Ryong-hae on Thursday. Photograph: China ...

Australia economy strong despite end to Ford production PM

The West Australian - Friday 24th May, 2013

SYDNEY (AFP) - Australian Prime Minister Julia Gillard moved to allay fears about the economy on Friday saying it had strong fundamentals, after US carmaker Ford announced an end to production in the country.Ford said Thursday it will stop making vehicles at its unprofitable Australian plants in 2016, prompting concern for the manufacturing industry which is struggling due to the high Australian ...

Japans Nikkei turns positive in volatile trade

The West Australian - Friday 24th May, 2013

Reuters © A passerby is reflected on a graph showing recent movements of Japan's Nikkei average at a brokerage in Tokyo May 24, 2013. REUTERS/Issei ...

Highway bridge collapses in US no deaths reported

Times of India - Friday 24th May, 2013

MOUNT VERNON , Washington: The major highway bridge linking Seattle with Canada and the rest of the Pacific Northwest region collapsed Thursday evening, dumping at least a handful of vehicles and people into a river, ...

Bag limits introduced due to dwindling crab stocks in South Australias Gulf St Vincent

AdelaideNow - Friday 24th May, 2013

COMMERCIAL and recreational crab fishers will face tougher bag limits because of declining stocks in the Gult St Vincent. The State Government has announced commercial boaties will have their quota cut to 196 tonnes - a 20 per cent drop - from July next year. Recreational limits will be halved. The daily individual bag limit will drop from 40 to 20 and a daily boat limit will fall from 120 to ...

9 killed in S China auto shop fire

China Daily - Friday 24th May, 2013

/enpproperty--> GUANGZHOU - Nine people were killed in a fire that broke out in South China's Guangdong province early Friday morning, the local government said. The fire broke out at 5:26 am at an automobile detailing center in the Nanhai district of the city of Foshan, sources with the provincial government's emergency office said. An investigation into the cause of the fire is ...

Barack Obama in heated exchanges with Code Pink anti-war protester

Times of India - Friday 24th May, 2013

WASHINGTON: The woman who interrupted President Barack Obama's speech on counterterrorism policy on Thursday is well-known around Washington as a perennial protester on national security ...

Obama lifts ban on transferring Guantanamo Bay detainees to Yemen

Times of India - Friday 24th May, 2013

Guantanamo Bay detainees to Yemen , a step toward his goal of closing the US military-run prison that he said "has become a symbol around the world for an America that flouts the rule of law." Nearly 100 of the 166 terrorist suspects held at the prison in Cuba are from Yemen and have had nowhere to go even if they had been cleared for transfer. Obama wouldn't send them home, and ...

Hong Kong shares extend losses to 4-week low China flat

Reuters - Friday 24th May, 2013

Fri May 24, 2013 1:26am EDT * HSI -0.2 pct, H-shares -0.3 pct, CSI300 flat * Hong Kong turnover lowest in about a month as investors remain cautious on China recovery * Lenovo extends gains after a slew of price target upgrades By Yimou Lee HONG KONG, May 24 (Reuters) - Hong Kong shares extended losses to fall to their lowest in a month on Friday with the property sector hurt by worries of a ...

Japan stocks slip into losses after Kuroda remarks

Market Watch - Friday 24th May, 2013

HONG KONG (MarketWatch) -- Japanese stocks tumbled back into losses in Friday afternoon trading as the yen strengthened sharply, despite comments from Bank of Japan Gov. Haruhiko Kuroda's remarks ...

Sony to Sell $1.5 Billion in Corporate Bonds in Japan

Hollywood Reporter - Friday 24th May, 2013

The five-year bonds, to be issued in June, will be the first sale to retail investors in Sony's history as the company looks to widen its fundraising ...

China money rates fall on improving market funds

Reuters - Friday 24th May, 2013

* Key 7-day money rate falls 7 bps to 4.15 pct * Money rate may hover at high level due mth-end factor By Chen Yixin and Pete Sweeney SHANGHAI, May 24 (Reuters) - China's money rates fell slightly on Friday on improving market liquidity, but traders still expect money rates to remain relatively high in the run-up to the month-end reporting period. The weighted average of the benchmark ...