Ex-army chief to be questioned in Turkey

Ex-army chief to be questioned in Turkey


Ex-army chief to be questioned in Turkey

Posted: 04 Jan 2012 11:04 PM PST

State prosecutor sends notice to General Ilker Basbug relating to alleged plot to spread anti-government propaganda.


Swank sushi: Tuna fetches record $736K in Tokyo (AP)

Posted: 04 Jan 2012 10:40 PM PST

AP - This tuna is worth savoring: It cost nearly three-quarters of a million dollars.


Several explosions rock Baghdad neighbourbood

Posted: 04 Jan 2012 11:09 PM PST

At least 24 people reported dead and 16 wounded as bombings target mainly Shia area of the Iraqi capital.


Pakistani Taliban say kill 15 soldiers, vow further "revenge" (Reuters)

Posted: 04 Jan 2012 10:23 PM PST

Reuters - The Pakistani Taliban have killed 15 kidnapped troops in revenge for military operations against them near the Afghan border, a Taliban spokesman said Thursday, vowing further such attacks.


Six killed in two Baghdad bomb blasts: Iraqi police (Reuters)

Posted: 04 Jan 2012 10:06 PM PST

FILE - In this Aug. 30, 2007 photo, Marine Corps Staff Sgt. Frank Wuterich arrives for his Article 32 Investigation Hearing at Camp Pendleton Marine Corps Base in San Diego County. Wuterich, the last defendant in the biggest and lengthiest criminal case against U.S. troops to arise from the Iraq war is expected to stand trial this week,  more than six years after his squad killed 24 Iraqi civilians, including unarmed women and children.  (AP Photo/Denis Poroy, FILE)Reuters - Two bombs exploded in a mainly Shi'ite Muslim area of Iraq's capital Baghdad on Thursday, killing six people and wounding 17, police and hospital sources said.



Cambodia anti-drug chief sentenced for corruption (AP)

Posted: 04 Jan 2012 10:21 PM PST

AP - A court official says the former head of Cambodia's anti-drug trafficking agency has been sentenced to life in prison for drug-related corruption.


Pakistani Taliban say kill 15 soldiers, vow further "revenge"

Posted: 04 Jan 2012 10:23 PM PST

PESHAWAR, Pakistan (Reuters) - The Pakistani Taliban have killed 15 kidnapped troops in revenge for military operations against them near the Afghan border, a Taliban spokesman said Thursday, vowing further such attacks.


Aditya Birla Group Eyes Stake In Bakrie's Coal Mines - Report

Posted: 04 Jan 2012 10:19 PM PST

M&A activity in Indonesia?s coal sector appears to be hotting up. India?s Economic Times reported Thursday that commodities conglomerate Aditya Birla Group, headed by India?s eighth-richest tycoon, , may bid for a stake in Bumi Resources, the prize asset of the highly-leveraged Bakrie group. This would be the second major transaction by Bakrie since November, ...


Yahoo: Jefferies Downgrades; Did They Pick The Wrong CEO?

Posted: 04 Jan 2012 10:00 PM PST

Investors are decidedly less than thrilled with the latest move by the Yahoo board. Yahoo shares fell 3.1% Wednesday after the company named PayPal President Scott Thompson to succeed Carol Bartz as CEO. The Street disliked the move for several reasons. For starters, what they wanted to hear was the name of a buyer for ...


VIDEO: Praise for low budget Wall St film

Posted: 04 Jan 2012 04:08 PM PST

A small low budget US thriller set amid the world of high finance, Margin Call, has been earning some recognition as movie awards season gets under way.


Explosions in Shiite areas of Baghdad kill 13 (AP)

Posted: 04 Jan 2012 10:43 PM PST

FILE - In this Aug. 30, 2007 photo, Marine Corps Staff Sgt. Frank Wuterich arrives for his Article 32 Investigation Hearing at Camp Pendleton Marine Corps Base in San Diego County. Wuterich, the last defendant in the biggest and lengthiest criminal case against U.S. troops to arise from the Iraq war is expected to stand trial this week,  more than six years after his squad killed 24 Iraqi civilians, including unarmed women and children.  (AP Photo/Denis Poroy, FILE)AP - Iraqi officials say four explosions have struck Shiite neighborhoods of Baghdad, killing 13 people.



Oil hovers near $103 amid mixed US supply signs (AP)

Posted: 04 Jan 2012 09:41 PM PST

In this photo released by the Syrian official news agency SANA and according to them, flames raise from a gas pipeline caused by an explosion attack, near the town Rastan in the restive Homs province, Syria, on Tuesday Jan. 3, 2012. An explosion struck a gas pipeline in central Syria in an attack the government blamed on terrorists, the state-run news agency said. There were no casualties. The pipeline feeds two power stations. French President Nicolas Sarkozy says the Syrian regime is committing massacres and he is calling on President Bashar Assad to leave power. (AP Photo/SANA) EDITORIAL USE ONLYAP - Oil prices hovered near $103 a barrel Thursday in Asia after a report showed mixed signs about U.S. crude demand.



Landslide Kills 25 in Southern Philippines

Posted: 04 Jan 2012 08:26 PM PST

A landslide buried dozens of people Thursday at a small-scale gold mining site in the southern Philippines, leaving at least 25 dead less than a month after heavy rains hit the area.


Pakistan Taliban claim soldiers' killing

Posted: 04 Jan 2012 10:44 PM PST

Group's spokesman says bodies of 15 kidnapped members of paramilitary force dumped in Spin Tal, North Waziristan.


10 killed in two bomb blasts in Iraq's capital

Posted: 04 Jan 2012 11:08 PM PST

BAGHDAD (Reuters) - Two bombs exploded in a mainly Shi'ite Muslim area of Iraq's capital Baghdad on Thursday, killing at least 10 people and wounding 37, police and hospital sources said.


Yahoo Looks Almost Buyable, Netflix Due For Decline

Posted: 04 Jan 2012 09:07 PM PST

The bounce higher in Netflix has created significant negative edges in the stock, due both to the stock's overbought status well as the fact that NFLX has been trading in bear market territory since September. Wednesday's rally also meant that NFLX was downgraded a point and is newly among our "consider avoiding" stocks ahead of trading on Thursday.


Building Momentum for a Strong 2012

Posted: 04 Jan 2012 09:05 PM PST

2012 is off to a great start.?? As you may have read last week, Opportunity Works is officially in business. We provided a team of 10 people for a three day event. I was in a near panic the night before the event. I kept hearing in the back of my mind, my friend Charlie ...


Libya's top soldier acknowledges challenges

Posted: 04 Jan 2012 09:25 PM PST

New armed forces head says he is prepared to address issue of fighters, but his appointment is already facing rejection.


Landslide kills 25 in Philippine mining area (Reuters)

Posted: 04 Jan 2012 09:09 PM PST

Reuters - A landslide buried shanty houses in a mining area on a southern Philippine island, killing at least 25 people and leaving dozens missing, local disaster and security officials said on Thursday.


Taiwan's Ma sets course for "10 golden years" (Reuters)

Posted: 04 Jan 2012 09:17 PM PST

Reuters - Taiwan's President Ma Ying-jeou was hailed last month by one of the island's richest businessmen as an "experienced, outstanding helmsman" who will steer the economy through the "10-metre, not one-meter, waves."


Chinese Tycoon Dies After Eating Poisoned Cat Stew

Chinese Tycoon Dies After Eating Poisoned Cat Stew


Chinese Tycoon Dies After Eating Poisoned Cat Stew

Posted: 04 Jan 2012 12:58 PM PST

The police have detained a Chinese township official on suspicion that he murdered a business associate by dropping a poisonous herb into a cat-meat stew.


Libya picks armed forces chief

Posted: 04 Jan 2012 12:05 PM PST

A former Libyan military officer who fought against ex-leader Moammar Gadhafi's troops last year was picked to head the country's armed forces, a move that comes as tensions flare among rival militias.


Nigeria union chiefs urge strike amid fuel protests

Posted: 04 Jan 2012 01:00 PM PST

Nigeria's main trade union groups called Wednesday for a general strike and mass rallies beginning next week if a controversial government decision to take away fuel subsidies is not reversed.


Bachmann and Perry Withdrawals Would Shift Race

Posted: 04 Jan 2012 01:07 PM PST

A slightly smaller field shifted its attention to New Hampshire and South Carolina, the next chances for someone not named Romney to challenge the perceived front-runner.


The Caucus: Perry to Remain in Race Despite Poor Showing in Iowa

Posted: 04 Jan 2012 10:52 AM PST

Texas Gov. Rick Perry decided Wednesday that he would remain in the presidential race and campaign in South Carolina.


Syrian activists say government armor still in cities

Posted: 04 Jan 2012 01:12 PM PST

BEIRUT (Reuters) - Opposition activists said on Wednesday armored vehicles were still in the streets of Syrian cities ready to act against protesters, contradicting statements by Arab League peace monitors that troops had withdrawn.


Indonesians sacrifice shoes for 'sandal boy'

Posted: 04 Jan 2012 01:06 PM PST

Activists dump 1,200 pairs of sandals and slippers across country in protest of high-profile case against teen.


Scandal-hit German president will not resign

Posted: 04 Jan 2012 12:54 PM PST

Christian Wulff admits "grave mistake" in trying to silence embarrassing story, but has no plans to step down.


Two British Contractors Held in Kabul on Arms Charges

Posted: 04 Jan 2012 12:26 PM PST

Afghan officials say two private security contractors were stopped with 30 unlicensed assault rifles in their car, adding to tensions over the continued presence of contractors.


EU agrees 'in principle' on Iran oil embargo

Posted: 04 Jan 2012 12:27 PM PST

Ban would stop Tehran's exports to Europe, but official says it could "very easily replace these customers".


US weapons 'wish list' revealed

Posted: 04 Jan 2012 12:13 PM PST

A document allegedly detailing non-lethal weaponry in development by the US military is published online.


Saudi men in lingerie sales ban

Posted: 04 Jan 2012 11:59 AM PST

Saudi Arabia is to finally enforce a decree allowing women only to work in lingerie shops, despite disapproval from senior clerics.


Venezuela families occupy prison

Posted: 04 Jan 2012 12:08 PM PST

Hundreds of prisoners' relatives refuse to leave a jail in Venezuela in protest against the conditions there and delays in the justice system.


Richard Cordray Named Consumer Chief in Recess Appointment

Posted: 04 Jan 2012 01:07 PM PST

President Obama's decision to install Richard Cordray defied deep opposition. He also plans to use his recess powers to fill vacancies to the National Labor Relations Board, a move certain to infuriate Republicans.


Germany's President Apologizes for 'Grave Mistake'

Posted: 04 Jan 2012 11:04 AM PST

Trying to save his political career, German President Christian Wulff apologized for what he called a "grave mistake" by trying to prevent publication of news reports that have raised questions about his personal finances.


Papademos Warns of Risks if Greece Talks Fail

Posted: 04 Jan 2012 11:29 AM PST

Greece faces the risk of a disorderly default in March if it doesn't complete negotiations for the country's second bailout starting later this month, Prime Minister Lucas Papademos said


Emporiki Bank Gets Cash Boost

Posted: 04 Jan 2012 10:31 AM PST

Parent Crédit Agricole pumps more than $2.6 billion more into Greek lender hurt by country's economic woes.


Spain's Valencia Pays Loan Late

Posted: 04 Jan 2012 11:32 AM PST

In a new sign of a Spain's deepening financial crisis, the regional government of Valencia said it was a week late in repaying a $160 million debt to Deutsche Bank.


Activists Say Syrian Regime Is Misleading Monitors

Posted: 04 Jan 2012 10:49 AM PST

Activists accused the Syrian regime Wednesday of misleading Arab League observers by taking them to areas loyal to the government and sending regime supporters into rebellious neighborhoods to give false testimony.


Fewer Property Deals Being Done in Hong Kong

Posted: 04 Jan 2012 10:24 AM PST

With the market volatile and mortgage rates rising, the number of property transactions in Hong Kong fell to a five-year low in 2011, though property prices were up for the first 10 months of the year.