More than 2 million workers strike in Indonesia

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• More than 2 million workers strike in Indonesia
• Oil falls amid concerns about global economy
• Outrage over human errors in Hong Kong boat crash
• Markets subdued ahead of raft of US economic data
• Low cost flying arrives in luxury loving Japan
• World stocks fall as US data awaited
• HK firm says ferry in tragedy passed inspection
• Asian stocks flat as US data awaited
• Asian stocks post modest gains as US data awaited
• 7 crew arrested in Hong Kong sinking after 38 die
• Philippines, Muslim rebels close to peace accord

More than 2 million workers strike in Indonesia Posted: 03 Oct 2012 04:57 AM PDT More than 2 million factory workers went on a one-day strike across Indonesia on Wednesday to demand better benefits and protest the hiring of contract workers, union officials said.

Oil falls amid concerns about global economy Posted: 03 Oct 2012 04:46 AM PDT The price of oil fell to near $91 on Wednesday over concerns about an economic slowdown in Europe, China and the U.S.

Outrage over human errors in Hong Kong boat crash Posted: 03 Oct 2012 04:13 AM PDT When two boats filled with people collided on Hong Kong's busy waterways, the impact knocked a hole in one vessel's engine room and the water poured in too fast to stop it from sinking. Passengers struggled to find life vests and dozens drowned in the turbulent waters.

Markets subdued ahead of raft of US economic data Posted: 03 Oct 2012 03:25 AM PDT Markets were subdued Wednesday as investors awaited a run of U.S. economic figures and after Spain's prime minister indicated his cash-strapped country would not request a bailout imminently.

Low cost flying arrives in luxury loving Japan Posted: 03 Oct 2012 02:49 AM PDT Japan has a reputation for loving expensive things like overpriced real estate, gourmet melons and luxury brands. But the nation is finally discovering the joy of flying cheap, with the arrival this year of three low-cost carriers.

World stocks fall as US data awaited Posted: 03 Oct 2012 02:24 AM PDT World stocks fell Wednesday as skittish investors waited for a key U.S. jobs report later in the week that will signal whether the world's largest economy is on the mend.

HK firm says ferry in tragedy passed inspection Posted: 02 Oct 2012 11:06 PM PDT An official with the ferry company involved in a collision that killed 38 people said Wednesday that the vessel recently passed inspection, but he had no details about how the crash occurred.

Asian stocks flat as US data awaited Posted: 02 Oct 2012 10:28 PM PDT Asian stocks flattened out Wednesday as skittish investors waited for a key U.S. jobs report later in the week that will signal whether the world's largest economy is on the mend.

Asian stocks post modest gains as US data awaited Posted: 02 Oct 2012 08:15 PM PDT Asian stocks posted modest gains Wednesday as skittish investors waited for a key U.S. jobs report later in the week for signs of growth in the world's largest economy.

7 crew arrested in Hong Kong sinking after 38 die Posted: 02 Oct 2012 06:00 PM PDT Police arrested seven crew members from two boats that collided in Hong Kong waters, killing 38 holiday revelers, but offered no explanation about how the vessels ran into each other on a clear night in one of the safest and most regulated waterways in Asia.

Philippines, Muslim rebels close to peace accord Posted: 02 Oct 2012 05:33 PM PDT The Philippine government and Muslim rebels have resumed talks on resolving final differences in a preliminary peace accord they hope to conclude soon, in what is expected to be a major breakthrough toward ending a decades-long rebellion.

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