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Yahoo

World - Top Asian News at 10:30 a.m. GMT


TAIPEI, Taiwan (AP) Stormy weather trailing behind a typhoon was the likely cause of a plane crash on a Taiwanese island that killed 48 people on board and injured 10 on the plane and five on the ground, the airline said Thursday. The ATR-72 operated by Taiwan`s TransAsia Airways was carrying 58 passengers and crew when it crashed while trying to land in the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday. The plane was flying from the city of Kaohsiung in southern Taiwan.


Thursday, July 24, 2014  11:48

Yahoo

World - Top Asian News at 9:30 a.m. GMT


TAIPEI, Taiwan (AP) Stormy weather trailing behind a typhoon was the likely cause of a plane crash on a Taiwanese island that killed 48 people on board and injured 10 on the plane and five on the ground, the airline said Thursday. The ATR-72 operated by Taiwan`s TransAsia Airways was carrying 58 passengers and crew when it crashed while trying to land in the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday. The plane was flying from the city of Kaohsiung in southern Taiwan.


Thursday, July 24, 2014  10:42

Yahoo

World - Top Asian News at 10:30 p.m. GMT


TAIPEI, Taiwan (AP) A plane attempting to land in stormy weather crashed on a small Taiwanese island late Wednesday, killing 47 people and wrecking houses and cars on the ground. The ATR-72 operated by Taiwan`s TransAsia Airways was carrying 58 passengers and crew when it crashed on Penghu in the Taiwan Strait between Taiwan and China, authorities said. The plane was arriving from the city of Kaohsiung in southern Taiwan.


Wednesday, July 23, 2014  23:50

Yahoo

Business - Ford profit beats expectations, sets record for North America


DEARBORN Mich. (Reuters) - Ford Motor Co`s operating earnings for the second quarter beat Wall Street expectations as better-than-expected profit in North America and Europe countered weaker results than expected in Asia Pacific and South America. Excluding one-time items, Ford showed a profit of $2.6 billion, or 40 cents per share, which topped the 36-cent-per-share forecast by analysts surveyed by Thomson Reuters I/B/E/S. For the quarter, Ford`s net income was $1.3 billion, or 32 cents per share, up from $1.23 billion, or 30 cents per share, a year earlier. ...


Thursday, July 24, 2014  12:01

Yahoo

World - Top Asian News at 7:30 a.m. GMT


TAIPEI, Taiwan (AP) Stormy weather on the trailing edge of Typhoon Matmo was the likely cause of a plane crash on a Taiwanese island that killed 48 people, the airline said Thursday. The ATR-72 operated by Taiwan`s TransAsia Airways was carrying 58 passengers and crew when it crashed while landing in the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday. The plane was flying from the city of Kaohsiung in southern Taiwan.


Thursday, July 24, 2014  08:42

Yahoo

World - Top Asian News at 6:30 a.m. GMT


TAIPEI, Taiwan (AP) An airline said Thursday it suspected typhoon weather caused one of its planes to crash land on a small Taiwanese island, killing 48 people. The ATR-72 operated by Taiwan`s TransAsia Airways was carrying 58 passengers and crew when it crashed into houses on the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday, authorities said. The plane was on a flight from the city of Kaohsiung in southern Taiwan.


Thursday, July 24, 2014  08:01

Yahoo

World - Top Asian News at 5:30 a.m. GMT


TAIPEI, Taiwan (AP) An airline said Thursday it suspected typhoon weather caused one of its planes to crash land on a small Taiwanese island, killing 48 people. The ATR-72 operated by Taiwan`s TransAsia Airways was carrying 58 passengers and crew when it crashed into houses on the Penghu island chain in the Taiwan Strait between Taiwan and China late Wednesday, authorities said. The plane was on a flight from the city of Kaohsiung in southern Taiwan.


Thursday, July 24, 2014  06:41

Yahoo

World - US Airways to resume Tel Aviv flights, other airlines wait


US Airways said it would resume flights to Israel later on Thursday after the U.S. Federal Aviation Administration (FAA) lifted a ban imposed two days ago when a rocket fired from the Gaza Strip landed near Tel Aviv airport. About 30 carriers had suspended services to Ben Gurion International Airport, Israel`s main hub. Israel had criticized the FAA decision, saying the airport, was safe. US Airways, a unit of American Airlines Group Inc, flies daily to Tel Aviv from Philadelphia and the head of the airline`s operations in Israel, Esther Castiel, told Reuters they would start running the route again.


Thursday, July 24, 2014  09:08

BBC

Europe - EU sets 30% energy savings target


Members of the European Union will have to boost their energy efficiency by 30% by 2030 according to Commission.


Thursday, July 24, 2014  08:28

Yahoo

Business - As U.S. strengthens, sluggish wages explain Fed`s caution


By Jonathan Spicer and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) - The U.S. Federal Reserve`s policy statement, unchanged for the last four months, will probably stay that way until at least September for one main reason: slow wage growth. Yet Fed officials, who gather for a policy meeting July 29-30, are in no rush to talk about hiking interest rates because wage gains remain stubbornly low, raising questions about just how close the United States is to full employment. While some of the more hawkish officials are anxious to tighten monetary policy and a number of private economists are warning the U.S. central bank risks falling behind on the inflation curve, Fed Chair Janet Yellen has signaled she will resist their pressure until the wage picture is clearer. Data on Tuesday showed only a modest rise in core consumer prices and the Fed`s preferred inflation gauge is still below target, giving Yellen breathing room to continue her very cautious steps toward a rate increase, probably next year.


Thursday, July 24, 2014  06:14

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