Tuesday, September 18, 2012

Spain hesitation over aid unnerves markets

Spain hesitation over aid unnerves markets

Spain hesitation over aid unnerves markets

Posted: 18 Sep 2012 09:50 AM PDT

Public transport workers raise their hands as they march protesting during a partial national rail strike in Barcelona, Spain, Monday Sept. 17, 2012. Hundreds of Spanish train services have been canceled as rail and subway workers staged strikes to protest wage cuts and reforms. State rail company RENFE said Monday it had canceled some 300 high-speed and intercity trains. It said minimum services agreed with labor unions meant that more than 50 percent of trains would run throughout the day. (AP Photo/Emilio Morenatti)Global markets mostly fell Tuesday as investors worried about the global growth outlook and Spain's apparent delay in accepting a financial aid package.

Oil falls to $96 a day after sharp drop

Posted: 18 Sep 2012 09:41 AM PDT

Sign worker Ray Messore, of Glocester, R.I., works on a sign next to one where gasoline prices are posted at a gas station in Pawtucket, R.I., Monday, Sept. 17, 2012. (AP Photo/Steven Senne)The price of oil fell further Tuesday, after taking a sharp and largely unexplained plunge the previous day.

Pakistan: 2 bomb blasts kill 6 people in Karachi

Posted: 18 Sep 2012 09:18 AM PDT

Two bombs minutes apart ripped through a market in southern Pakistan on Tuesday, killing at least six people and wounding 15 others, police said.

Pakistan: 2 bomb blasts kill 4 people in Karachi

Posted: 18 Sep 2012 08:41 AM PDT

Pakistani police say two bombs minutes apart have ripped through a market in the country's south, killing at least four people and wounding 10 others.

China reserves right to act on disputed islands

Posted: 18 Sep 2012 07:58 AM PDT

U.S. Defense Secretary Leon Panetta, left, stands at attention during the national anthem next to China's Defense Minister Liang Guanglie at the Bayi Building in Beijing, China Tuesday, Sept. 18, 2012. (AP Photo/Larry Downing, Pool)China's national defense minister warned Tuesday that Beijing reserves the right to take further action against Japan in the ongoing dispute over uninhabited islands in the East China Sea.

China hints at lenient sentence for former cop

Posted: 18 Sep 2012 07:30 AM PDT

Chinese motorcyclists pass by the policemen standing guard in front of a main entrance of the Chengdu Intermediate Court, where Wang Lijun stands for trial in Chengdu in southwest China's Sichuan province Tuesday, Sept. 18, 2012. The once-prominent police chief at the center of a divisive political scandal stood trial for a second day Tuesday as Chinese leaders moved closer to resolving a case that has complicated their transfer of power to new leaders. (AP Photo/Andy Wong)China signaled Tuesday it will be lenient with a former police chief enmeshed in a political scandal roiling the country's leadership, saying he cooperated with investigators who brought down a top Chinese politician's wife for the murder of a British businessman.

Pakistani PM agrees to court demand in graft case

Posted: 18 Sep 2012 07:30 AM PDT

Pakistan's Prime Minister Raja Pervaiz Ashraf waves upon arriving at the Supreme Court for a hearing where he will submit his reply regarding the court's order to reopen an old corruption case against the country's president, in Islamabad, Pakistan on Tuesday, Sept. 18, 2012. (AP Photo/Anjum Naveed)Pakistan's prime minister told the Supreme Court on Tuesday that the government would comply with a longstanding demand to reopen an old corruption case against the president, defusing a conflict that has roiled the country's political system and led to the ouster of the last premier.

Myanmar is called insincere on political prisoners

Posted: 18 Sep 2012 06:33 AM PDT

Myanmar's limited releases of political prisoners show the government is insincere in its much-lauded democratic reforms and is using its hundreds of detainees to gain further concessions by Western nations, activists said Tuesday.

Oil dips below $96 a day after sharp drop

Posted: 18 Sep 2012 06:03 AM PDT

Sign worker Ray Messore, of Glocester, R.I., works on a sign next to one where gasoline prices are posted at a gas station in Pawtucket, R.I., Monday, Sept. 17, 2012. (AP Photo/Steven Senne)The price of oil slipped below $96 a barrel on Tuesday, adding to losses from the previous day, when prices took a sudden and unexplained plunge.

Panetta: US concerned about Afghan insider attacks

Posted: 18 Sep 2012 06:03 AM PDT

U.S. Defense Secretary Leon Panetta speaks at a news conference with China's Defense Minister Liang Guanglie, not seen, at the Bayi Building in Beijing, China Tuesday, Sept. 18, 2012. (AP Photo/Larry Downing, Pool)U.S. Defense Secretary Leon Panetta said Tuesday the U.S. is concerned about the impact insider attacks are having on its forces in Afghanistan.

China protests mix colonial anger, modern dispute

Posted: 18 Sep 2012 05:57 AM PDT

Anti-Japan protesters hold portraits of the late Communist leader Mao Zedong, Chinese national flags, and a poster that reads: "Sept. 18, National Humiliation Day," while marching on a street outside the Japanese Embassy in Beijing Tuesday, Sept. 18, 2012. The 81st anniversary of a Japanese invasion brought a fresh wave of anti-Japan demonstrations in China on Tuesday, with thousands of protesters venting anger over the colonial past and a current dispute involving contested islands in the East China Sea. (AP Photo/Alexander F. Yuan)Old wounds amplified outrage over a burning territorial dispute Tuesday as thousands of Chinese protested Tokyo's purchase of islands claimed by Beijing and marked the 81st anniversary of a Japanese invasion that China has never forgotten.

Blast kills 8 South Africans, 4 others in Kabul

Posted: 18 Sep 2012 05:46 AM PDT

Afghan investigators inspect the wreckage of a suicide bomber's car Tuesday, Sept. 18, 2012 in Kabul, Afghanistan. A suicide bomber rammed a car packed with explosives into a mini-bus carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least nine people in an attack a militant group said was revenge for an anti-Islam film that ridicules the Prophet Muhammad. (AP Photo/Ahmad Jamshid)A suicide bomber rammed a car packed with explosives into a mini-bus carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least 12 people including eight South Africans. A militant group said the attack aimed to avenge an anti-Islam film that ridicules the Prophet Muhammad.

Blast kills 8 South Africans, 4 Afghans in Kabul

Posted: 18 Sep 2012 04:50 AM PDT

Afghan investigators inspect the wreckage of a suicide bomber's car Tuesday, Sept. 18, 2012 in Kabul, Afghanistan. A suicide bomber rammed a car packed with explosives into a mini-bus carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least nine people in an attack a militant group said was revenge for an anti-Islam film that ridicules the Prophet Muhammad. (AP Photo/Ahmad Jamshid)A suicide bomber rammed a car packed with explosives into a mini-bus carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least 12 people including eight South Africans. A militant group claimed the attack aimed to avenge an anti-Islam film that ridicules the Prophet Muhammad.

China hints at lenient sentence against ex-cop

Posted: 18 Sep 2012 04:07 AM PDT

UPDATING THE CAPTION WHEN THE TRIAL STARTED - Chinese people play cards on the pavement near the Chengdu Intermediate People's Court in Chengdu in southwest China's Sichuan province Monday, Sept. 17, 2012. The trial of Wang Lijun, an ex-police chief at the center of China's worst political scandal in decades, started unexpectedly at the court Monday, a day earlier than the court had announced. At the height of his career, Wang led a police crackdown on the violent underworld in a sprawling metropolis, arresting hundreds of gangsters and government officials, some of whom were sentenced and executed in a matter of months. Now the former police chief is in the hands of the opaque Chinese justice he once brandished against others. (AP Photo/Andy Wong)China signaled Tuesday it will be lenient with an ex-police chief enmeshed in a political scandal roiling the country's leadership, saying he cooperated with investigators who brought down a top Chinese politician's wife for the murder of a British businessman.

Japan businesses in China hit as protests rage

Posted: 18 Sep 2012 04:06 AM PDT

FILE - In this Sept. 15, 2012 file photo, residents look at an over-turned Toyota car during an anti-Japan protest in Xi'an in northwest China's Shaanxi province. Scores of Japanese-owned factories and stores in China were shuttered Tuesday, Sept. 18 as anti-Japanese demonstrations raged in dozens of cities. At stake are billions of dollars in investments and far more in sales and trade between Japan and China, the world's third- and second-largest economies. The two are so closely entwined, though, that both would suffer from any long-term disruptions. (AP Photo/File) CHINA OUTScores of Japanese-owned factories and stores in China were shuttered Tuesday as anti-Japan demonstrations erupted in dozens of cities.

China says ex-cop cooperated in murder probe

Posted: 18 Sep 2012 02:30 AM PDT

UPDATING THE CAPTION WHEN THE TRIAL STARTED - Chinese people play cards on the pavement near the Chengdu Intermediate People's Court in Chengdu in southwest China's Sichuan province Monday, Sept. 17, 2012. The trial of Wang Lijun, an ex-police chief at the center of China's worst political scandal in decades, started unexpectedly at the court Monday, a day earlier than the court had announced. At the height of his career, Wang led a police crackdown on the violent underworld in a sprawling metropolis, arresting hundreds of gangsters and government officials, some of whom were sentenced and executed in a matter of months. Now the former police chief is in the hands of the opaque Chinese justice he once brandished against others. (AP Photo/Andy Wong)Prosecutors argued that an ex-police chief cooperated with investigators after initially covering up the murder of a British businessman by a top Chinese politician's wife, a court official said Tuesday at the end of a trial that is enmeshed with a political scandal roiling China's leadership.

Oil reverses course after rising above $97

Posted: 18 Sep 2012 02:27 AM PDT

Oil bobbed above $97 and then retreated in Asia on Tuesday, a day after prices unexpectedly took a plunge.

World stocks down on slow euro bank union progress

Posted: 18 Sep 2012 02:04 AM PDT

World stock markets mostly fell Tuesday as signs that Europe will take longer than expected to set up a new authority to supervise European banks kept investors on the sidelines.

War anniversary feeds Chinese anti-Japan protests

Posted: 18 Sep 2012 12:39 AM PDT

Chinese protesters burn a Japanese flag near posters claiming Diaoyu islands, as known in China and Senkaku in Japan, belong to China and to fire upon Japan during a protest near the Japanese Embassy in Beijing, China, Tuesday, Sept. 18, 2012. The 81st anniversary of a Japanese invasion brought a fresh wave of anti-Japan demonstrations in China on Tuesday, with thousands of protesters venting anger over the colonial past and a current dispute involving contested islands in the East China Sea. (AP Photo/Ng Han Guan)The 81st anniversary of a Japanese invasion brought a fresh wave of anti-Japan demonstrations in China on Tuesday, with thousands of protesters venting anger over the colonial past and a current dispute involving contested islands in the East China Sea.

Afghan insurgents: Attack revenge for prophet film

Posted: 18 Sep 2012 12:31 AM PDT

Afghan investigators inspect the wreckage of a suicide bomber's car Tuesday, Sept. 18, 2012 in Kabul, Afghanistan. A suicide bomber rammed a car packed with explosives into a mini-bus carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least nine people in an attack a militant group said was revenge for an anti-Islam film that ridicules the Prophet Muhammad. (AP Photo/Ahmad Jamshid)A suicide bomber rammed a car packed with explosives into a mini-bus carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least nine people in an attack that a militant group said was revenge for an anti-Islam film that ridicules the Prophet Muhammad.

Trial ends for ex-police chief in China scandal

Posted: 17 Sep 2012 11:53 PM PDT

UPDATING THE CAPTION WHEN THE TRIAL STARTED - Chinese people play cards on the pavement near the Chengdu Intermediate People's Court in Chengdu in southwest China's Sichuan province Monday, Sept. 17, 2012. The trial of Wang Lijun, an ex-police chief at the center of China's worst political scandal in decades, started unexpectedly at the court Monday, a day earlier than the court had announced. At the height of his career, Wang led a police crackdown on the violent underworld in a sprawling metropolis, arresting hundreds of gangsters and government officials, some of whom were sentenced and executed in a matter of months. Now the former police chief is in the hands of the opaque Chinese justice he once brandished against others. (AP Photo/Andy Wong)The trial of an ex-police chief at the center of a lurid, divisive political scandal ended Tuesday, bringing China's leadership closer to resolving a case that exposed seamy infighting and buffeted a delicate transfer of power to new leaders.

Asia stocks down on slow euro bank union progress

Posted: 17 Sep 2012 10:15 PM PDT

Asian stock markets mostly fell Tuesday as signs that Europe will take longer than expected to set up a new authority to supervise European banks kept investors on the sidelines.

Oil rises above $97 a day after price plunge

Posted: 17 Sep 2012 09:57 PM PDT

Oil rose above $97 a barrel Tuesday in Asia, clawing back some losses after prices unexpectedly took a plunge the day before.

Suicide bomber in Afghan capital kills at least 9

Posted: 17 Sep 2012 08:58 PM PDT

Afghan police stand by burning tires during a protest, in Kabul, Afghanistan, Monday, Sept. 17, 2012. Hundreds of Afghans burned cars and threw rocks at a U.S. military base as a demonstration against an anti-Islam film that ridicules the Prophet Muhammad turned violent in the Afghan capital early Monday. (AP Photo/Ahmad Jamshid)A suicide bomber rammed a small sedan heavily laden with explosives into a mini-bus believed to be carrying foreign aviation workers to the airport in the Afghan capital early Tuesday, killing at least nine people.

China sees more anti-Japan protests over islands

Posted: 17 Sep 2012 08:35 PM PDT

In this photo released by Japan Coast Guard, a Japan Coast Guard vessel, bottom, sails along with a Chinese fisheries patrol boat near disputed islands, called Senkaku in Japan and Diaoyu in China, in the East China Sea Tuesday, Sept. 18, 2012. The Coast Guard vessel issued a warning to the vessel near the islands early Tuesday. (AP Photo/Japan Coast Guard)The 81st anniversary of a Japanese invasion brought a fresh wave of anti-Japan demonstrations in China on Tuesday, with thousands of protesters venting anger over the colonial past and a current dispute involving contested islands in the East China Sea.
Posted by Harshad at 11:02 AM

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