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World - Micronesia urges FIFA help after 46-0 thrashing


Micronesia were humiliated 46-0 by Vanuatu on Tuesday in one of the most lopsided scores ever seen in football, with the Pacific nation urging FIFA to help them improve. The latest drubbing followed a 38-0 loss to Fiji and a 30-0 scoreline against Tahiti at the multi-event Pacific Games, meaning the Federated States of Micronesia conceded 114 goals in their three group matches. Micronesia`s Australian coach Stan Foster admitted it was `boys against men` on the field and called on FIFA officially to recognise the nation and give them a world ranking, which he said would open the door to technical assistance.


Tuesday, July 07, 2015  08:49

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Business - China stocks fall again despite support measures


By Samuel Shen and Pete Sweeney SHANGHAI (Reuters) - Chinese stocks fell on Tuesday, taking little comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang`s failure to mention the market chaos in a statement on the economy. Before the market opened, Li said in comments posted on a government website that China had the confidence and ability to deal with challenges faced by its economy, but had nothing to say on the three-week plunge that has knocked around 30 percent off Chinese shares since mid-June. Qi Yifeng, analyst at consultancy CEBM, said government measures were not strong enough to reverse the downtrend, especially as it was a liquidity issue for many who had borrowed to buy shares and were now forced to sell to meet margin calls.


Tuesday, July 07, 2015  07:55

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World - Spearmon set for Beijing return after `08 Olympics misstep


For about 30 fabulous minutes, American sprinter Wallace Spearmon Jr. earned a bronze medal at the 2008 Beijing Olympics. And then it was taken away.


Tuesday, July 07, 2015  07:55

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Sports - Marc Gasol agrees to stay with Grizzlies: reports


Spanish All-Star center Marc Gasol has agreed to terms to remain with the NBA`s Memphis Grizzlies, in a five-year deal worth $110 million according to reports. ESPN and CBS Sports reported that terms of the deal would give Gasol a chance to opt out after four seasons. Gasol, 30, never considered offers from other teams before deciding to stay in the city where he has spent his entire seven-season NBA career.


Tuesday, July 07, 2015  07:55

Yahoo

Business - China stocks tumble again despite support measures


Chinese stocks opened down on Tuesday, taking no comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang`s failure to mention the market chaos in a statement on the economy. Before the market opened, Li said in comments on a government website that China had the confidence and ability to deal with challenges faced by its economy, but had nothing to say on the three-week plunge that has knocked around 30 percent off Chinese shares since mid-June. The ChiNext growth board , home to some of China`s giddiest small-cap valuations, fell 5.1 percent.


Tuesday, July 07, 2015  04:15

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Business - China economic uncertainty a potential risk for U.S. chipmakers


By Mari Saito SAN FRANCISCO (Reuters) - Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world`s second-largest economy. Consumer electronics giant Apple Inc could also be vulnerable - 17 percent of the company`s overall revenue last fiscal year came from China, and in the most recent quarter it sold more iPhones in the country than in the United States for the first time. `When you have waning demand hitting at the same time (as the stock market uncertainty), it just makes that industry that much more difficult,` said Christopher Rolland, a senior equity analyst at FBR Capital Markets & Co. Beijing took steps during the weekend to revive shares following a 30 percent slide in its stock market since mid-June, which raised investors` concerns about the stability of the Chinese economy.


Tuesday, July 07, 2015  02:07

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World - Syrian Kurds retake northern villages from Islamic State: monitor


Syrian Kurdish fighters have recaptured more than 10 villages seized by Islamic State north of its de facto capital of Raqqa city, aided by U.S.-led coalition air strikes, the Syrian Observatory for Human Rights reported on Tuesday. Fighters from the ultra-hardline Islamist group were, however, still in control of the town of Ain Issa, 50 km (30 miles), north of Raqqa city, which the jihadists seized from the YPG militia in an attack on Monday, the Observatory reported. The YPG, a militia operating mostly in predominantly Kurdish areas of northern Syria towards the Turkish border, has emerged as the only significant partner in Syria for U.S.-led alliance fighting to tackle Islamic State both there and in Iraq.


Tuesday, July 07, 2015  10:40

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World - Anger still crackles 30 years after France bombed Greenpeace ship


Thirty years after France`s deadly bomb attack on the Rainbow Warrior in New Zealand, anger still crackles in Pete Willcox`s voice when he discusses the sinking of the Greenpeace flagship. Willcox was captain of the environmental group`s converted trawler when frogmen working for French intelligence slipped into Auckland Harbour late on July 10, 1985, and fixed two large limpet mines to its hull. Portuguese photographer Fernando Pereira died in the subsequent blasts, which New Zealand`s then-prime minister David Lange described as `a sordid act of international state-backed terrorism`.


Tuesday, July 07, 2015  05:46

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World - Heavy US-led raids on IS Syria `capital` kill dozens


A US-led coalition has carried out some of its heaviest air strikes yet on the Islamic State group`s de facto Syrian capital, killing more than 30 people, including six civilians. In Raqa, the Syrian Observatory for Human Rights said at least 30 people had been killed in US-led coalition strikes late Saturday and early Sunday. The US-led coalition said the strikes were some of its heaviest since it began carrying out raids against IS in Syria last September.


Sunday, July 05, 2015  10:59

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World - Defense minister rejected as Taliban battle near Kabul


By Jessica Donati and Mirwais Harooni KABUL (Reuters) - Afghanistan`s parliament rejected a second nominee for defense minister on Saturday, leaving a vacuum that has already lasted nine months, while government forces battled the Taliban just 30 miles west of the capital Kabul. As the Afghan army remained without political leadership on Wednesday, Taliban militants were fighting the government for check points in Wardak province, some 30 miles (50 km) west of the capital, the governor`s office said in a statement. U.S. Senator John McCain of Arizona, visiting Kabul on Saturday, told reporters that Taliban attacks had increased and U.S. troops should stay longer than planned to prevent the militants from making gains.


Saturday, July 04, 2015  13:35

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