China president in Hong Kong to mark handover

China president in Hong Kong to mark handover


China president in Hong Kong to mark handover

Posted: 28 Jun 2012 11:15 PM PDT

Hu Jintao is also expected to attend the inauguration of Leung Chun-ying as the city's next chief executive.


European leaders agree to closer long-term union

Posted: 28 Jun 2012 10:05 PM PDT

French President Francois Hollande arrives for a press conference at an EU Summit in Brussels, Friday, June 29, 2012. (AP Photo/Michel Euler)After tough all-night bargaining, European leaders appeared to salvage what had seemed to be a summit teetering toward failure by agreeing early Friday to funnel money directly to struggling banks, and in the longer term to form a tighter union.



Tanker truck crash sparks fire, kills 20 in China

Posted: 28 Jun 2012 10:28 PM PDT

A tanker truck filled with gasoline collided with a truck in southern China on Friday, setting off an explosion and a massive fire that left 20 people dead and 14 others hurt.


China set to install new but disliked HK leader

Posted: 28 Jun 2012 10:45 PM PDT

Chinese President Hu Jintao is in Hong Kong to install a new but already unpopular governor of the semiautonomous Chinese territory.


Roberts Calls Mandate What Obama Swore It Was Not ??? A Tax

Posted: 28 Jun 2012 10:05 PM PDT

With one sentence, Chief Justice John Roberts did what scores of speeches from President Barack Obama and hundreds of pages of legislation from Congress could not do: define what the Patient Protection and Affordable Care Act actually was: a tax.


Tank truck crash sparks fire, kills 20 in S China

Posted: 28 Jun 2012 09:55 PM PDT

A tanker truck filled with gasoline has collided with a truck in southern China, setting off an explosion and a massive fire that left 20 people dead and 14 others hurt.


China hails space mission's success as crew returns to Earth

Posted: 28 Jun 2012 09:31 PM PDT

Chinese astronauts Jing Haipeng, Liu Wang and Liu Yang, China's first female astronaut, salute in front of the re-entry capsule of China's Shenzhou 9 spacecraft in Siziwang Banner, Inner Mongolia Autonomous RegionBEIJING (Reuters) - China's Shenzhou 9 spacecraft returned to Earth on Friday, ending a mission that put the country's first woman in space and completed a manned docking test critical to its goal of building a space station by 2020. The spacecraft's gumdrop-shaped return capsule descended to Earth by parachute and touched down shortly after 10 a.m. (0200 GMT) in China's northwestern Inner Mongolia region with its three-member crew, including female astronaut Liu Yang. Beijing has hailed the nearly two-week mission as a technical breakthrough for the country's growing space program. ...



Oman plans Islamic finance rules before year-end

Posted: 28 Jun 2012 08:58 PM PDT

SYDNEY (Reuters) - A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the country's stated aim of making sharia-compliant products available to the public this year. But logistical challenges and the limited size of the market may prevent entrants to the business from making quick profits. Legislation covering takaful (Islamic insurance) and sukuk (Islamic fixed income securities) is expected to be finalized by the end of the third quarter of the year, Capital Market Authority officials told Reuters. ...


Mongolia vote snag as ruling party demands recount

Posted: 28 Jun 2012 09:44 PM PDT

A nomad voter arrives at a yurt temporarily serving as a polling station in Hovt, western Mongolia, Thursday, June 28, 2012. Mongolians are voting for a new legislature, going to the polls by foot, car and even horse for an election centered on how best to distribute the benefits of Mongolia's mining boom. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCECalls for a recount of votes at some polling stations are delaying results in Mongolia's sharply contested legislative elections, which centered on how to spread the wealth from the poor but fast-growing country's mining boom.



Federalism's Silver Lining in the Healthcare Decision

Posted: 28 Jun 2012 09:48 PM PDT

Despite the loss, states' rights and federalism made significant gains in this decision, and live to fight another day.


RIP 'Software' Companies; Hello 'Data' Companies

Posted: 28 Jun 2012 09:47 PM PDT

The software company is dead, long live the software company. Nowadays, the money is in data, or service delivery via the cloud. Delivering and selling software is so 1990s. Consider the latest report from Forbes contributor , who points out that in Massachusetts, 120 big data companies are targeting $64 billion database and analytics market. ...


Ousted 'Dictatorship' Rises Again in Mexico

Posted: 28 Jun 2012 09:23 PM PDT

It took Mexico's Institutional Revolutionary Party, once described as the "perfect dictatorship," 71 years to lose power. On Sunday it looks to regain control of the national government after just 12 years.


Jordan's King Meets Hamas Leaders

Posted: 28 Jun 2012 11:39 AM PDT

Jordan's king met with top Hamas leaders as part of an about-face effort to engage with Islamists, who have been gaining ground all over the Mideast.


Australia warned of more refugee deaths

Posted: 28 Jun 2012 09:48 PM PDT

Warning to MPs comes after they reject laws that would have let the country deport asylum seekers to another country.


China hails space mission's success as crew returns to Earth

Posted: 28 Jun 2012 09:40 PM PDT

BEIJING (Reuters) - China's Shenzhou 9 spacecraft returned to Earth on Friday, ending a mission that put the country's first woman in space and completed a manned docking test critical to its goal of building a space station by 2020.


The Whole World Is Moving Toward 2.5Mhz Spectrum As U.S. Investors Ignore Clearwire

Posted: 28 Jun 2012 09:06 PM PDT

Clearwire has become the Rodney Dangerfield of telecom investments.It gets little respect. Some significant developments have been ignored by investors who want stalwart balance sheets in a time of economic uncertainty in the U.S. and abroad.


France's Strauss-Kahn and wife have separated: source

Posted: 28 Jun 2012 07:10 PM PDT

Former IMF chief Strauss-Kahn and wife Sinclair arrive at Charles-de-Gaulle airport in Roissy near ParisPARIS (Reuters) - Former International Monetary Fund chief Dominique Strauss-Kahn, who is facing a probe into his alleged involvement with a prostitution ring in France, and his wife have separated, a source said. Anne Sinclair, a wealthy heiress who recently relaunched her media career as a news editor at the Huffington Post's French edition, and Strauss-Kahn separated about a month ago and they are living in separate residences in Paris, said the source, who is close to Strauss-Kahn. ...



Oman plans Islamic finance rules before year-end

Posted: 28 Jun 2012 08:58 PM PDT

SYDNEY (Reuters) - A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the country's stated aim of making sharia-compliant products available to the public this year. But logistical challenges and the limited size of the market may prevent entrants to the business from making quick profits.


Deaths in Pakistan sectarian attack

Posted: 28 Jun 2012 06:41 PM PDT

At least ten people die after car bomb targets Shia pilgrims returning from Iran, officials say.


Nadal crashes out of Wimbledon

Posted: 28 Jun 2012 05:12 PM PDT

Two-time champion sent packing after five-set thriller against world number 100 Lukas Rosol.