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Thursday, July 16, 2015
Pakistan summons Indian envoy after 'spy drone' shot down
Pakistan summoned the Indian ambassador Thursday after a "spy drone" was shot down in disputed Kashmir, as officials said five people were killed in cross-border shelling between the two nuclear-armed neighbours.
The skeletal remains of a young child have been found dumped in bushland in southern Australia, with police Thursday looking for an elderly man seen carrying a suitcase in the area.
Gou testifies in defamation case
Terry Gou (郭台銘), chairman of Hon Hai Precision Industry Co., yesterday testified at the Taipei District Court in a defamation trial against political commentator Clara Chou (周玉蔻).
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Tseng fang-chin (曾芳津), 35, a victim of the Formosa Fun Coast Water Park (八仙水上樂園) explosions, was taken off a ventilator and pronounced dead in Keelung Chang Gung Memorial Hospital's (基隆長庚醫院) hospice facility at the behest of her family at 5:25 yesterday. Tseng is the sixth person to pass away due to the tragic incident.
Prices for the producers of goods and services rose modestly in June, a sign that broader inflation is being kept in check. But an outbreak of avian influenza caused the cost of eggs to nearly double, as prices soared at the fastest pace ever recorded.
China's GDP expanded 7.0 percent year-on-year in the second quarter, official data showed Wednesday, beating expectations as months of central bank policy stimulus helped support the world's second-largest economy.
 > Asia
 > China
Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements stay on track, the Fed will likely start raising interest rates later this year.
Wednesday, July 15, 2015
Dissent in Greece over austerity deal grows ahead of vote
ATHENS, Greece -- Greek Prime Minister Alexis Tsipras faced a revolt in his left-wing party and workers' calls for strikes ahead of Wednesday's Parliament vote on a bailout deal meant to prevent the country's economy from collapsing.
 > Europe
China's 2Q economic growth steady at 7 percent
BEIJING -- China's economic growth in the latest quarter held steady at 7 percent, its weakest performance since the global crisis, but better retail sales and factory output in June suggested efforts to reverse the slump might be gaining traction.
Iran nuclear deal faces fresh challenges in US
VIENNA - Hours after major powers agreed a deal over Iran's nuclear programme, the White House on Wednesday launched a campaign to stop sceptics at home and abroad from derailing the long-awaited accord.
Center for victims of water park fire opens
Premier Mao Chi-kuo (毛治國) and New Taipei City Mayor Eric Chu (朱立倫) oversaw the opening of the 627 Case Management Center for burn-related injuries, in response to the Formosa Water Park explosions, yesterday, but families of the injured also demanded that the government draft a budget for continual funding.
After long, fractious negotiations, world powers and Iran struck a historic deal Tuesday to curb Iran's nuclear program in exchange for billions of dollars in relief from international sanctions -- an agreement aimed at averting the threat of a nuclear-armed Iran and another U.S. military intervention in the Middle East.
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