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Wednesday, April 29, 2015
Greece reshuffled its bailout negotiating team on Monday following fierce criticism of its finance minister, meeting with market applause as investors hoped it will facilitate a deal to save the country from bankruptcy.
He may have easily secured another five years in power on Monday, but President Omar al-Bashir still faces major challenges in solving Sudan's economic woes and ending its international isolation.
Volkswagen's patriarch has left the building. Does this mean change is coming to the world's No. 2 automaker -- in particular, to its high-cost ways of doing business?
Tuesday, April 28, 2015
When news of Nepal's earthquake broke on Saturday, my first thoughts turned to the many Nepalis I met on my two trips there.
It will be an interesting time this October when the mainland reveals its trump card. And when it does so, it might lead to a wake-up call for the global financial markets.
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A few weeks after the Sept. 11, 2001 terror attacks on the United States, two al-Qaida operatives arrived separately in Singapore to start scouting for targets.
Monday, April 27, 2015
It was a long time ago when Masaru Ogawa, editor of the Japan Times for eight years till 1977, told me of his encounter with U.S. ambassador in Tokyo Edwin O. Reischauer. Ogawa, a Nisei born in Los Angeles, told Reischauer, the son born in Tokyo of Presbyterian educational missionary parents, he didn't believe the United States would come to the rescue of Japan if the Soviets attacked Japan with atomic bombs, though mutual defense is obligated in the U.S.-Japan Security Treaty.
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Somalia's Shabab militants are divided over whether to maintain their allegiance to al-Qaida or shift to Islamic State (IS), according to militant and security sources, analysts and clan elders.
In the cacophony of slogans ahead of the United Kingdom's general election on May 7 one thing is for sure -- the country faces more austerity whichever party wins.
Taking care of pensioners who are his bedrock of support has been a key feature of President Vladimir Putin's rule, but as crisis bites, the Russian government is mooting an idea that has been taboo for 80 years: raising the retirement age.
  
  
  
  
  
  
  
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