Asian stock markets fall after weak US jobs report; oil lingers below $70 a barrel

stock-market-watch-malaysia-1Asian markets fall after weak US jobs report

Typhoon Parma downgraded to storm, hangs off Philippines, drenches Taiwan

MANILA, Philippines — Typhoon Parma weakened into a tropical storm that lingered off the Philippine coast Monday, drenching northern provinces as well as Taiwan after killing 16 people and causing widespread flooding and landslides.

Kim Jong Il offers Chinese premier lavish welcome amid signs he will commit to nuclear talks

PYONGYANG, North Korea — China’s premier was given a gala welcome to Pyongyang on Sunday by North Korean leader Kim Jong Il, bolstering indications that the North is preparing to rejoin talks over its nuclear weapons programs.

From steppe to city: Traditions fade as China moves nomadic reindeer herders to town

GENHE CITY, China — Herding reindeer and hunting bears and boars in the forests on Siberia’s fringe was Gu Gejun’s life. Now his rifle has been confiscated, and the only reindeer he herds are in an urban tourist park.

After fleeing China, auto tycoon resurfaces in US with glowing green ambitions

HONG KONG — Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street.

Chinese premier meets Kim Jong Il on visit to North Korea amid signs of renewed nuclear talks

PYONGYANG, North Korea — China’s premier met with North Korean leader Kim Jong Il on Sunday at the start of a state visit, amid signs the North may be willing to restart talks over its nuclear weapons programs.

Chinese premier arrives in North Korea amid signs nuclear talks may pick up again

PYONGYANG, North Korea — Chinese Premier Wen Jiabao arrived Sunday in North Korea on a highly anticipated state visit amid signs the North may be willing to restart dialogue over its nuclear programs following months of resistance.

Chinese premier meets Kim Jong Il on visit to North Korea amid signs of renewed nuke talks

PYONGYANG, North Korea — China’s premier met with North Korean leader Kim Jong Il on Sunday at the start of a state visit amid signs the North may be willing to restart talks over its nuclear programs.

Latest typhoon kills 16 in Philippines, sparing capital, then heads toward Taiwan

MANILA, Philippines — Typhoon Parma caused widespread flooding and landslides that buried at least two families in the Philippines, then hung threateningly off the coast Sunday drenching the country’s north as well as Taiwan.

Latest typhoon kills 4 in Philippines, sparing capital, before churning toward Taiwan

MANILA, Philippines — The Philippines military rushed Sunday toward villages cut off by floodwaters from Asia’s latest deadly storm, which killed at least four across the northern part of the country but spared the capital.

Chinese Premier Wen Jiabao arrives in North Korea on highly anticipated state visit

PYONGYANG, North Korea — Chinese Premier Wen Jiabao arrived Sunday in North Korea on a highly anticipated state visit amid signs the North may be willing to restart dialogue over its nuclear programs following months of resistance.

Typhoon Parma strikes northern Philippines, killing 4 but leaving capital unscathed

MANILA, Philippines — Typhoon Parma cut a path across the Philippines’ northern edge on Saturday, killing four people but sparing the capital from a second flood disaster as the storm churned toward Taiwan.

G-7 finance ministers warn of fragile recovery, vow to keep stimulus measures

ISTANBUL — Finance ministers from the Group of Seven rich countries warned the recovery remains “fragile” and tried to talk up the U.S. dollar amid fears it could fall farther and disrupt the global economy.

Group of 7 finance ministers warns of fragile recovery and against complacency

ISTANBUL — The world economy is growing again, but the recovery remains fragile, according to the finance ministers from the Group of Seven rich countries.

Group of 7 finance ministers meet amid questions about dollar’s role

ISTANBUL — Finance ministers from the Group of Seven rich countries gathered Saturday to confront concerns about the dollar, in a forum whose role is under question as developing countries get more say.

China’s XAC becomes majority owner of Austrian aviation supplier FACC AG

VIENNA — China’s Xi’an Aircraft Industry (Group) Company Ltd. has become the majority owner of Austrian aviation supplier FACC AG, the Austrian company said Saturday.

Second storm slams into northern Philippines, toppling power poles, trees; at least 2 dead

MANILA, Philippines — Typhoon Parma slammed into the Philippines on Saturday, ripping off roofs, toppling power pylons and swelling rivers in the country’s mountainous north. At least two people were killed, an official said.

2nd storm slams into northern Philippines, toppling power poles, trees

MANILA, Philippines — Typhoon Parma slammed into the Philippines on Saturday, ripping off roofs, toppling power pylons and swelling rivers in the country’s mountainous north. At least two people were killed, an official said.

Typhoon Parma hits Philippine coast, bringing down trees, power poles; no deaths reported

MANILA, Philippines — The government’s chief forecaster says Typhoon Parma has made landfall in the northern Philippines.

2nd typhoon’s winds topple power poles, trees in northern Philippines

MANILA, Philippines — Powerful winds toppled power poles and trees Saturday in the northern Philippines as the second typhoon in eight days bore down on the country. Farther north, Taiwan began evacuating villages also in the path of the storm.

Typhoon threatening Philippines weakens slightly; Taiwan issues warning

MANILA, Philippines — Filipinos braced Saturday for their second typhoon in eight days, though the storm weakened just hours before it was due to hit and the threat of another disaster in the flood-soaked capital eased.

Pilots hope balloons make it back from China in time for NM balloon fiesta

ALBUQUERQUE, N.M. — New Mexico Gov. Bill Richardson has negotiated for the release of U.S. hostages in Iraq, Sudan and North Korea. Now he’s trying to work diplomatic magic for Coco the Clown, Darth Vader and Burnie the Little Devil.

Crew of apocalyptic film ‘2012′ expresses sympathy for victims of Asia disasters

TAIPEI, 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-economyWorld markets slide ahead of key US jobs report

New books in Taiwan broach once taboo subject: Communist victory over Nationalists in 1949

TAIPEI, 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 pct

HONG 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 pct

HONG 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.

Obama: Iran has 2 weeks to let international inspectors into nuclear plant

WASHINGTON — 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.

Premier: Taiwan needs to maintain defense against China while pursuing peaceful ties

TAIPEI, 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 power

Communist 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.

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