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Business - China stocks halt plunge, Asia wary but advances

By Shinichi Saoshiro TOKYO (Reuters) - Asian shares rose on Friday as Chinese shares edged back from the previous day`s dizzying plunge, though regional investors remained fearful that the world`s best performing equity market was at the beginning of a major correction. Buoyed by China, Australia and South Korea inched up to a 15-year high and was on track for an 11-day winning streak and a fifth straight month of gains amid hopes for better shareholder returns.

Friday, May 29, 2015  06:43


Asia - 15 Chinese indicted in test-taking scheme

Fifteen Chinese nationals have been accused of participating in a cheating scheme that helped foreign students fraudulently gain admission to American colleges and universities and obtain student visas.

Friday, May 29, 2015  06:06


Asia-Pacific - 15 Chinese Accused of Using Test-Taking Impostors for College Entrance Exams

The indictment sketches a scheme in which individuals are accused of paying impostors using fake Chinese passports to take college entrance exams at testing sites in the Pittsburgh area.

Friday, May 29, 2015  02:45


Most Recent - 15 Chinese nationals indicted in test-taking scheme

Friday, May 29, 2015  00:57


Business - Intel nears $15 billion deal to buy Altera: NY Post

(Reuters) - Intel Corp is close to a deal to buy smaller chip maker Altera Corp for about $15 billion, the New York Post reported. The deal price could be as much as $54 a share, a 15 percent premium over Altera`s Thursday closing price of $46.97, the New York Post reported, citing a source close to the situation. Intel signed a standstill agreement earlier this year with Altera that expires on June 1, giving the world`s largest chipmaker the option to launch a hostile bid after that, Reuters reported in April, citing sources.

Friday, May 29, 2015  06:24


World - US indicts 15 Chinese in university cheating scam

The United States has indicted 15 people from China with fraud and conspiracy over a four-year scam to fake entry tests into American universities in what campaigners warn is a wider problem. Attorney David Hickton for the western district of Pennsylvania unsealed the 35-count indictment against the suspects, of whom seven men and five women aged 19 to 26 were identified on Thursday. Ten of the suspects are resident in the United States in Boston, Pittsburgh, California, Wisconsin, Oregon, Pennsylvania, Virginia and Massachusetts.

Thursday, May 28, 2015  23:46


World - Canada recall of Takata airbags balloons to 1.5 million

A Canadian recall of defective airbags manufactured by embattled Japanese auto parts giant Takata grew to an estimated 1.5 million Thursday. Several models built by auto manufacturers Honda, Mazda, Toyota, BMW, GM, Nissan, Chrysler and Ford are included in the government notice. According to Transport Canada`s database, 704,770 Honda vehicles built between 2001 and 2010, plus 812,821 cars from other manufacturers could be affected.

Friday, May 29, 2015  00:03


World - 15 Chinese nationals accused in US of student visa scheme

PITTSBURGH (AP) Fifteen Chinese citizens conspired to take college entrance exams on behalf of others or paid to have that done for them so they could obtain student visas, federal prosecutors said Thursday.

Thursday, May 28, 2015  21:18


World - US agents indict 15 Chinese in alleged test-taking scheme

PITTSBURGH (AP) Fifteen Chinese citizens conspired to take college entrance exams on behalf of others or paid to have tests done for them so they could obtain student visas, federal prosecutors in Pittsburgh said Thursday.

Thursday, May 28, 2015  18:34


World - Hundreds evacuated in Texas after storms leave at least 15 dead

By Jon Herskovitz AUSTIN, Texas (Reuters) - Hundreds of people were ordered to evacuate flood-threatened areas of Texas on Wednesday as storms bringing torrential rains battered the state, where at least 15 people have been killed in weather-related incidents this week, including six in Houston. People were told to stay away from more than 200 homes in Parker County where the Brazos River was poised to spill its banks about 30 miles (50 kms) west of Fort Worth on Wednesday night, county officials said. `The river is coming up fast and flowing at dangerous volumes,` Parker County Judge Mark Riley told a news conference.

Wednesday, May 27, 2015  22:08

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