Toyota president expresses regret over fatal US accident in which floor-mat problem suspectedTOKYO — Toyota’s president said it was “extremely regrettable” an American family died in a crash in which a floor mat in one of the Japanese automaker’s vehicles is suspected as the cause. Japan’s unemployment rate at 5.5 percent in August, down from record highTOKYO — Japan’s jobless rate fell and household spending climbed in August — a double dose of good news for the world’s No. 2 economy though it may not last. Crew of apocalyptic film ‘2012′ expresses sympathy for victims of Asia disastersTAIPEI, Taiwan — The crew of the Hollywood doomsday movie “2012″ expressed sympathy Friday for victims of real-life flooding and earthquakes this week in the Asia-Pacific region. World markets slide as investors worry about US economy and brace for key jobs report
US hits NKorea in the wallet, targeting private Asian banks in effort to restart nuclear talksWASHINGTON — The Obama administration’s push to settle a tense nuclear standoff with North Korea is being spearheaded not by soldiers on a battlefield or big-name diplomats but by government officials knocking on the doors of banks throughout Asia. Thousands evacuated as new typhoon bears down on Philippines
New books in Taiwan broach once taboo subject: Communist victory over Nationalists in 1949TAIPEI, Taiwan — On a chilly late autumn day in 1949, Chi Shih-ying jumped on one of the last flights to Taiwan, joining other senior members of the Nationalist Party in a humiliating retreat from mainland China. Asian markets fall sharply after Wall Street tumble on weak economic data; Tokyo off 2.5 pctHONG KONG — Asian markets fell sharply Friday as weaker-than-expected reports about U.S. jobs and manufacturing heightened worries about an anemic recovery in the world’s largest economy. Asian markets fell sharply after Wall Street tumble on weak economic data; Tokoy off 2.5 pctHONG KONG — Asian markets fell sharply Friday as weaker-than-expected reports about U.S. jobs and manufacturing heightened worries about an anemic recovery in the world’s largest economy. Philippines begins evacuations as second storm in a week approachesMANILA, Philippines — Filipinos in the likely path of a looming typhoon began evacuating Friday, as the toll from a storm that tore across Southeast Asia days earlier rose to more than 400. Global recession has boosted jobless lines worldwide, but data shows marked differencesPARIS — Unemployment is rising around the world as the recession leaves few corners untouched — but sharp differences remain between companies directly hit by financial or housing-market collapses and those that have deliberately protected jobs with expensive measures — including subsidizing shorter working weeks. Friend: Woman felt trapped when she took kids to Japan, where husband tried to get them backFRANKLIN, Tenn. — A friend says Noriko Savoie felt trapped — she was a Japanese citizen new to the U.S. whose American husband had just served her divorce papers. Obama: Iran has 2 weeks to let international inspectors into nuclear plantWASHINGTON — President Barack Obama on Thursday called landmark international talks with Iran on its nuclear program “a constructive beginning” but said that Iran must match its promises of cooperation with deeds. Sodden Philippines begins evacuations ahead of another storm as toll from last one tops 350MANILA, Philippines — The Philippines began evacuating a province near Manila on Thursday ahead of a looming typhoon, as rain falling on the saturated capital added to the misery of victims of recent floods and stoked fears of another disaster. US dad jailed in Japan: Ex-wife who took kids had worried about them losing Japanese identityFRANKLIN, Tenn. — An American father arrested in Japan for snatching his children from his ex-wife there had previously urged a Tennessee judge to keep them from leaving the United States after his ex-wife expressed concern about the two children losing their Japanese identity. 11 North Koreans defect by sea to South KoreaSEOUL, South Korea — South Korea’s military says a group of 11 North Koreans have defected by sea. Premier: Taiwan needs to maintain defense against China while pursuing peaceful tiesTAIPEI, Taiwan — Taiwan needs to maintain its defense against China while pursuing peaceful cross-strait relations, the island’s premier said Thursday, as Beijing staged its biggest-ever military parade to celebrate the 60th anniversary of communist rule. With tanks, troops and kitsch, China celebrates 60 years of communist rule and its new powerCommunist China marks 60 years with tanks, kitsch BEIJING — Jets, tanks and missile-toting trucks thundered through Beijing on Thursday in a show of military muscle to celebrate six decades of communist rule and China’s transformation from a war-battered regional player into global economic superpower. European, Asian stock markets mostly down on weak data, despite IMF growth forecast upgradeLONDON — World stocks were mostly lower and Wall Street was expected to slide on the open Thursday as weak economic data overshadowed higher growth forecasts from the International Monetary Fund. Hong Kongers protest China’s human rights record amid National Day fanfareHONG KONG — With the rest of China awash in red flags and cheering crowds for National Day, hundreds of Hong Kongers — many wearing black — protested Thursday, denouncing the country’s human rights record during 60 years of Communist rule. Senate climate bill fails to lift perceptions of US at international global warming talksBANGKOK — The honeymoon appears to be over for the United States at U.N. climate talks. Asian stock markets slip while European shares advance as IMF upgrades US outlookHONG KONG — Asian markets were mostly lower Thursday after Wall Street fell and a Japanese survey showed manufacturers still think they have too many workers. European shares edged up after the IMF raised its world growth forecasts. Citigroup completes sale of Japanese brokerage in $8.7 billion dealTOKYO — Citigroup Inc. has completed the sale of its Japanese brokerage to Sumitomo Mitsui Banking Corp. in a $8.7 billion deal that advances the U.S. bank’s efforts to restructure after big losses on risky investments. Business confidence in Japan up for second quarter, though weakness persistsTOKYO — Japanese companies are feeling more confident about business for the second straight quarter. They just don’t want to build new factories or hire more workers yet. Honda president bemoans weak dollar ‘danger zone’, revving up hybrids for growthTOKYO — Honda’s chief executive said Thursday the dollar’s recent plunge was sending the automaker into a “danger zone,” threatening efforts to keep Japan’s manufacturing strong. Top powers start high-stakes meeting with Iran to curb nuclear programGENEVA — The United States and five other world powers have begun high-stakes talks with Iran to demand a freeze of its nuclear activities. Father’s arrest for trying to snatch kids in Japan highlights country’s preference to mothersFRANKLIN, Tenn. — The case of an American father arrested in Japan for snatching his children underscores long-standing disputes over Japan’s traditional favoritism toward mothers in custody battles. IMF raises 2010 global growth forecast to 3.1 percent but warns that recovery will be slowISTANBUL — The International Monetary Fund said the global economy is recovering faster than expected — but that governments should not be hasty in withdrawing the added spending and low interest rates that have helped restore growth. Sodden Philippines readies for another storm as toll from the last one risesMANILA, Philippines — Asia had little respite Thursday from an already brutal storm season, with warnings the next tempest was en route to the Philippines while three nations counted their dead from the previous typhoon, with the toll reaching 386. Asian stock markets slip on weak US manufacturing data; Nikkei down nearly 2 percentHONG KONG — Asian stocks fell Thursday after a weak economic reading in the U.S. weighed on Wall Street and as a Japanese survey showed manufacturers still think they have too many workers. |