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Asia-Pacific - Gift-Bearing Officials Try to Lure Chinese Factories Inland

With foreign investment falling, inland provinces are in a cutthroat competition to attract local industries.

Thursday, August 28, 2014  02:22


World - Blackwater defense: Iraqi police removed evidence

WASHINGTON (AP) A defense attorney told a federal jury on Wednesday that Iraqi national police removed evidence that would prove Blackwater security guards were being fired on by insurgents, prompting the guards to return fire in shootings that killed or wounded over 30 Iraqi civilians.

Thursday, August 28, 2014  00:08


World - Surfers, spectators crowd Southern California beaches for giant waves

By Alex Dobuzinskis and Dana Feldman LOS ANGELES (Reuters) - Waves up to about 20 feet (6 meters) high crashed along the Southern California coast on Wednesday, as heavy and potentially dangerous surf from a Pacific cyclone drew crowds of surfers and spectators to Los Angeles-area beaches, officials said. Large swells generated by Hurricane Marie began hitting the Southern California shore on Tuesday, causing coastal flooding in the Orange County town of Seal Beach after dark that inundated garages of 30 coastal homes. Marie was downgraded on Wednesday to a tropical storm as it moved north some 900 miles off Mexico`s Baja Peninsula, veering away from the West Coast but still causing extreme surf, National Weather Service weather specialist Stuart Ceto said. Waves from the storm were the largest seen in Southern California since a pair of hurricanes swept through the Pacific within weeks of each other in 1997, he said.

Wednesday, August 27, 2014  23:39


World - Qantas posts record annual loss of US$2.65 billion

Struggling Australian flag carrier Qantas on Thursday posted a huge annual net loss of Aus$2.84 billion (US$2.65 billion), but chief executive Alan Joyce insisted better days lie ahead. Qantas` underlying loss before tax in the 12 months to June 30 -- its preferred measure of financial performance which excludes one-off costs and writedowns -- was Aus$646 million. With our accelerated Qantas Transformation programme we are already emerging as a leaner, more focused and more sustainable Qantas Group.

Thursday, August 28, 2014  00:37


Asia-Pacific - Bearing Gifts, Local Officials Push for Chinese Factories to Move Inland

With foreign investment falling, inland provinces are in a cutthroat competition to attract local industries.

Wednesday, August 27, 2014  20:54


Business - Alibaba revenue jumps on strong China demand

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd`s quarterly revenue jumped 46.3 percent to $2.54 billion due to a rise in domestic sales. Net income attributable to ordinary shareholders nearly tripled to $1.99 billion, or 84 cents per share, for the first quarter ended June 30. ( Revenue from its China commerce retail business increased 45.8 percent to $2.04 billion. The company expected to go public as early as next month said Chairman Jack Yun Ma owned 8.8 percent ordinary shares and Softbank Corp had a 34.1 percent stake, as of June 30. ...

Wednesday, August 27, 2014  15:14


Top Stories - `Baby hatch` overwhelmed

Along a winding Chinese mountain road dotted with inns and restaurants is Jinan Orphanage, a place of refuge and site for troubled parents to dump unwanted children.

Wednesday, August 27, 2014  03:41


Business - China police seize 30,000 tonnes of tainted chicken feet

Chinese police have seized over 30,000 tonnes of tainted chicken feet, common on restaurant menus in China, in the latest food scandal to hit the country. Authorities have detained 38 people involved in the sale of the chicken feet in provinces including the eastern province of Zhejiang, the official Xinhua news agency reported on Tuesday. China has been rocked by a number of high-profile food scandals from milk powder tainted with industrial chemical melamine to re-used `gutter oil` for cooking. Last month, McDonald`s Corp and KFC-parent Yum Brands Inc were caught up in a scandal after it was found that workers at a China-based supplier had used expired meat and doctored food production dates.

Tuesday, August 26, 2014  10:21


World - Top Asian News at 8:30 a.m. GMT

YANGON, Myanmar (AP) Every evening, more than a dozen men and women walk in a tight row in front of Myanmar`s most revered Buddhist pagoda, sweeping the vast marble terrace in unison in hopes of keeping it clean for barefoot pilgrims. To these volunteers, this is not a chore but a noble act one they carry out eagerly in an effort to gain merit, or spiritual credit.

Tuesday, August 26, 2014  09:41


Europe - In Poland, American Football Gains a Toehold

The relationship between America and Poland is a complex and emotional one, and among the ways to view it these days is through the prism of full-contact football.

Tuesday, August 26, 2014  05:29

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