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Yahoo

Business - Asia stocks reach three-year peak, China on the rise


Hong Kong`s key stock index rose 0.5 percent to its loftiest level in over 3-1/2 years on optimism that the economy has turned a corner and as investors wagered on more growth-friendly policies from Beijing. The charge had been led by Chinese banks after a Reuters report said the country`s fifth-biggest bank by assets planned to seek more private investors. `The recent rally of Hong Kong and China stock markets is pretty much liquidity-driven due to favourable fund flow. MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.33 percent to be just a whisker from a peak last touched in April 2011.


Tuesday, July 29, 2014  07:34

NYTimes

Middle East - At War Blog: Returning to Service, and Iraq, With Blackwater


Iraq veteran Matt Pelak returned to the country via a job with Blackwater. He writes that it`s hard to square that experience, and his respect for his colleagues, with the recent coverage of the Blackwater employees on trial for shooting Iraqi civilians in 2007.


Tuesday, July 22, 2014  15:53

USATODAY

Top Stories - Libya torn by worst fighting since 2011 revolution


Rival militias engage in severe fighting at Tripoli`s airport.


Monday, July 28, 2014  22:06

Yahoo

Business - US consumer prices up 0.3 percent in June


WASHINGTON (AP) — U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.


Tuesday, July 22, 2014  13:39

Yahoo

World - Norway honors victims of 2011 terror attacks


COPENHAGEN, Denmark (AP) — Norwegian Prime Minister Erna Solberg said Tuesday the best way to honor the 77 people who died in terror attacks in her country three years ago is to `fight for openness, tolerance and diversity.`


Tuesday, July 22, 2014  16:19

Yahoo

Business - Standard & Poor`s may face SEC charges over ratings


The parent of Standard & Poor`s, which is defending against a $5 billion lawsuit by the federal government over its credit ratings, said on Wednesday it may soon also face U.S. Securities and Exchange Commission charges over another set of ratings. In a regulatory filing, McGraw-Hill Financial Inc said it received a `Wells notice` on July 22 indicating the SEC is weighing filing civil charges for alleged securities law violations over S&P`s ratings of six commercial mortgage-backed securities transactions issued in 2011. Catherine Mathis, an S&P spokeswoman, said it has been reported the SEC was examining its decision in 2011 to `pull` ratings of a CMBS transaction.


Thursday, July 24, 2014  00:30

Yahoo

Business - Consumer Reports wants Toyota to recall older Camry hybrids


By Ben Klayman DETROIT (Reuters) - An influential consumer magazine on Monday called on Toyota Motor Corp to recall about 177,500 older Camry hybrid sedans to address potential power brake defects. Consumer Reports, which many consumers use when studying what vehicles to buy, said the Japanese automaker`s decision to call for a service campaign or a warranty extension on two different problems covering cars from model years 2007 to 2011 does not go far enough. Under a service campaign, an automaker repairs cars as they are brought back to dealers by consumers. `Consumer Reports believes that Toyota should recall these cars,` the magazine said.


Monday, July 28, 2014  22:20

Yahoo

Business - Consumer Reports wants Toyota to recall some 177,500 Camry hybrids


An influential consumer magazine on Monday called on Toyota Motor Corp to recall about 177,500 older Camry hybrid sedans to address potential power brake defects. Consumer Reports, which many consumers use when studying what vehicles to buy, said the Japanese automaker`s decision to call for a service campaign or a warranty extension on two different problems covering cars from model years 2007 to 2011 does not go far enough. Under a service campaign, an automaker repairs cars as they are brought back to dealers by consumers. `Consumer Reports believes that Toyota should recall these cars,` the magazine said.


Monday, July 28, 2014  21:53

Yahoo

World - Aqunio urges support as scandal threatens to hurt Philippine economy


By Manuel Mogato and Karen Lema MANILA (Reuters) - Philippine President Benigno Aquino called on the nation on Monday to support his reforms as he faced the biggest political crisis in his four years in power, a spending scandal that could damage his anti-graft image and undermine reforms. The Supreme Court this month declared partly illegal a 145 billion pesos ($3.34 billion) economic stimulus fund that Aquino created in 2011 from budget savings, sparking a storm of controversy that put into doubt his commitment to fighting corruption. Economists are concerned the controversy over the Supreme Court`s ruling is slowing public spending because officials are more wary about accusations of recklessness and are subjecting decisions to more scrutiny, putting at risk big infrastructure projects.


Monday, July 28, 2014  13:40

CNN

World - Fighting intensifies in Libya


Fierce fighting raged on the outskirts of Tripoli on Sunday as militias continued to battle for control of the airport in what`s being called the worst fighting in Libya since the 2011 revolution.


Monday, July 28, 2014  03:42

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