AP Source: GM close to signing deal to sell Hummer brand to Chinese manufacturerDETROIT — General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, a person briefed on the deal said. Report: Global Muslim population hits 1.57B; makes up less than 1 percent of US populationThe global Muslim population stands at 1.57 billion, meaning that nearly 1 in 4 people in the world practice Islam, according to a report Wednesday billed as the most comprehensive of its kind. Chinese language class starts in Liberia’s capital amid China’s growing presenceMONROVIA, Liberia — A new language class is providing an opportunity for Liberians to learn Mandarin as China expands its economic presence in the West African country. Analysis: Obama’s problems mounting around globe, overshadowing a few bright spotsWASHINGTON — The woes keep piling up for President Barack Obama. Upbeat Alcoa gives world markets a boost ahead of European interest rate decisions
Powerful typhoon tears through Japan, many lose power, flights canceled; 2 dead, dozens hurtTOKYO — A powerful typhoon tore through Japan’s main island Thursday, peeling roofs off houses, cutting electricity to hundreds of thousands and forcing flight cancellations before turning back toward the sea. Two men died, and dozens were injured. Asian stock markets advance as investors eye company earnings; crude oil above $71
Widow of man killed in crash asks Toyota act quickly on floor mats to prevent injuries, deathsTOKYO — Two years before the fatal accident that prompted Toyota to warn 3.8 million American car owners to take out floor mats, Troy Johnson died in a crash also suspected of being caused by a floor mat jamming an accelerator. Powerful typhoon forces flight cancellations, cuts power in Japan; 2 dead, dozens injured
SKorea says UN sanctions on NKorea will remain in placeSEOUL, South Korea — U.N. sanctions on North Korea must remain in place even if the communist nation comes back to international nuclear disarmament talks, South Korea’s foreign minister said Thursday. Asian stock markets rise modestly as investors eye company earnings; oil above $70HONG KONG — Asian stock markets were modestly higher as investors eyed earnings from major companies for clues about the health of the global economy. Powerful typhoon slams into Japan; 1 dead, injuries reported amid widespread damageTOKYO — A powerful typhoon slammed into Japan on Thursday, damaging buildings and roads, halting train service and canceling hundreds of flights as it swept across the country. One man died and dozens were reported injured. Alcoa posts surprise 3rd-quarter profit of $77M; forecasts higher global aluminum demandPITTSBURGH — Painful cost-cutting and rising sales to automakers helped the nation’s largest aluminum producer return to profitability for the first time in nine months. Obama to visit 4 Asian countries next month, but visit to Indonesia will come laterWASHINGTON — President Barack Obama’s first Asian trip as president will include Japan, Singapore, China and South Korea, but not Indonesia, where he spent four years of his life. Tiger Woods and Michelle Wie make pitch for Olympic golf ahead of IOC vote in CopenhagenTiger Woods and Michelle Wie are making a pitch for golf to enter the program for the 2016 Rid de Janeiro Olympics. Divorced fathers in Japan, cut off from kids, turning to courts to seek access, change systemTOKYO — On Christmas Eve two years ago, Masahiro Yoshida returned to his home to find it empty. His wife had fled with their 2-year-old daughter, seeking a divorce. Global economic crisis accelerates China’s ascent, but what role will it play?BEIJING — The auto-parts maker Delphi Corp. is headquartered in Troy, Mich., in the heart of the region that made the United States the car capital of the world. It’s a place where the phrase “buy American” is right at home. China envoy says North Korea’s new attitude on nuclear talks is step in the right directionBEIJING — China’s top envoy on North Korean issues said Wednesday that Pyongyang’s readiness to hold discussions with the U.S. is a positive development that could pave the way for a resumption of stalled international talks on the North’s nuclear program. European markets drift lower as third quarter earnings season starts in earnestLONDON — European stock markets fell modestly Wednesday after big gains the previous day as investors prepared for the start of the third-quarter corporate reporting season. IOC congratulates itself for awarding the 2008 Olympics to BeijingCOPENHAGEN — Despite criticism from human rights campaigners, the International Olympic Committee gave itself a big pat on the back Wednesday for awarding the 2008 Games to Beijing. Costco 4th-quarter profit slips partly on stronger dollar, but tops analysts’ estimatesNEW YORK — Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results beat analysts’ estimates. Asian stock markets extend gains amid renewed faith in global recovery; Europe little changedHONG KONG — Asian stock markets and oil prices extended their advance Wednesday amid renewed faith a recovery in the global economy was sustainable. European shares were little changed. French envoy calls for substantial nuclear talks on NKorea
Japan foreign minister says US troop burden on Okinawa needs to be easedTOKYO — Japan’s new foreign minister said Wednesday that he wants to review the deployment of U.S. troops in his country to ease the burden on the people of Okinawa and ensure that the American military presence in Japan endures. Japan foreign minister says review of US troops is to ensure sustainable US military presenceTOKYO — Japan’s new foreign minister said Wednesday he wants to review the deployment of U.S. troops in Japan to ease the burden on the people of Okinawa, where many U.S. bases are located. Chinese dissidents top Nobel Peace Prize speculation in 20th anniversary year of TiananmenOSLO — Chinese dissidents are leading the odds of winning the Nobel Peace Prize this year, the 20th anniversary of the Tiananmen Square massacre and the 60th since the establishment of the People’s Republic of China. Asian stock markets extend gains amid renewed faith in global recovery; oil rises above $71HONG KONG — Asian stock markets and oil prices extended their advance Wednesday amid renewed faith a recovery in the global economy was sustainable. A list of recent Nobel Prize in chemistry winnersRecent winners of the Nobel Prize in chemistry, and their research, according to the Nobel Foundation: Analysis: Despite prospect of talks with US, NKorea seen unlikely to give up nuclear weaponsWASHINGTON — North Korea’s suggestion that it may return to nuclear negotiations could open the way to its first talks with the Obama administration, but there are warning signs that the North has no intention of fully disarming. Strong business in China boosts 3rd-qtr profit 18 pct at KFC owner Yum Brands to $334 millionLOUISVILLE, Ky. — A robust performance in China helped chain-restaurant operator Yum Brands Inc. post 18 percent growth in its third-quarter profit, easily beating Wall Street forecasts. |
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Upbeat Alcoa gives world markets a boost
Asian markets advance as company earnings eyed
Powerful typhoon slams into Japan, 2 die
