March 19, 2012
Seoul Slams North Korean Rocket Plan as Nuclear Test
South Korea accused North Korea on Monday of using a planned satellite launch to further development of a long-range missile capable of carrying a nuclear payload. The North announced Friday that it would launch a rocket in mid-April to put a…
March 19, 2012
King of Tonga Dies
Tonga's prime minister has announced the death of the Pacific island nation's King George Tupou V. Prime Minister Lord Tu'ivakano says the 63-year-old monarch died Sunday in a Hong Kong hospital, with his younger brother and heir to the throne,…
March 16, 2012
Sachin Tendulkar scores his 100th international century for India
India's Sachin Tendulkar has become the first player to score 100 international centuries by compiling a ton in a one-day game against Bangladesh in Dhaka. The 38-year-old completed his landmark century, his 49th in one-day cricket, with a single…
March 16, 2012
Falkland Islands oil dispute: UK hits back at Argentina
The UK has hit back at Argentina's threats of court action over Falkland Islands oil exploration, calling its behaviour "illegal intimidation". Foreign minister Hector Timmerman had threatened legal action against firms drilling off the UK…
March 16, 2012
India uses budget speech to sound upbeat economic note
India's Finance Minister Pranab Mukherjee has unveiled the country's annual budget, saying that the economy is turning around. He added that India would look to reduce subsidies, accelerate reforms and state asset sales and boost infrastructure…
March 16, 2012
Fiat plants in Italy shut over fuel strike
Italian carmaker Fiat has shut down five of its plants in its home country as it struggles to cope with an ongoing transport strike. Lorry drivers have been protesting over taxes on petrol passed in the austerity budget of Prime Minister Mario…
March 16, 2012
Air Berlin losses widen in 2011
Germany's second largest airline, Air Berlin, has reported worse-than-expected losses for 2011 as it continues its efforts to downsize. The budget carrier reported a net loss of 271.8m euros ($322m; £205m) for the year to 31 December 2011. It…
March 16, 2012
US diplomat warns…Stanford’s fraud case has message for Caribbean
The recently concluded fraud case in which Texan billionaire Allen Stanford was convicted of running a US$7-billion Ponzi scheme using a bank in Antigua and Barbuda should serve as a warning to small societies in the Caribbean, a senior US…
March 16, 2012
Europe Looking to Boost Its Bailout Fund
The 17-nation euro currency bloc appears ready to boost the size of the continent's bailout fund to handle future financial emergencies of its debt-ridden countries. A new $656 billion rescue fund is set to take effect in July. But financial…
March 16, 2012
Afghan President Slams US on Probe into Massacare
Afghan President Hamid Karzai is accusing the United States of failing to cooperate in the probe of a massacre of 16 Afghan villagers, allegedly by a U.S. soldier. President Karzai met with tribal elders and family members of those killed in…