JAPAN

HK stocks may open lower as oil prices hit record

HK stocks may open lower as oil prices hit record

Hong Kong stocks are expected to open lower on Thursday, pressured by a surge in oil prices on fears turmoil in Libya could spread to other oil exporters in the region, and declines in global markets.

Foreign rescue teams join search for NZ quake survivors

New Zealand
Hundreds of foreign rescuers will join exhausted New Zealand teams Thursday in an increasingly desperate search of quake-shattered buildings in central Christchurch as time runs out to find survivors buried under rubble.

World govts send planes, ships for Libya evacuation

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Governments around the world scrambled on Wednesday to send planes and ships to evacuate their citizens from turmoil in Libya, whose leader Muammar Gaddafi has vowed to crush a revolt against his 41-year rule.
Joseph Stiglitz

US austerity is really foolish: Stiglitz

US “austerity is really foolish,” said famed economist and Nobel laureate Joseph Stiglitz in his office at Columbia University, in an interview with IBTimes.
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Man

New Zealand quake kills at least 65

New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country's second-biggest city of Christchurch, killing at least 65 people.
Construction worker stands in front of electronic board displaying graph showing movement of Japanese Yen's exchange rate against U.S. dollar in past year outside brokerage in Tokyo

Moody’s lowers Japan’s debt outlook

Moody’s Investors Service on Tuesday lowered Japan’s debt Aa2 rating outlook to negative from stable, saying political stalemate in the country will restrict efforts to tackle the nation’s debt.
WikiLeaks founder Julian Assange

Japan sets up secret spy agency: WikiLeaks

Japan has created a covert foreign intelligence agency to spy on China and North Korea and to collect information on terrorist attacks, said a media report citing the whistleblower website WikiLeaks.
China rejects key G20 imbalance indicators

China rejects key G20 imbalance indicators

China rejected plans to use real exchange rates and currency reserves to measures global economic imbalances, casting doubt on the ability of Group of 20 major economic powers to reach agreement at a meeting on Friday.
Japan to send Twitter-using humanoids to space

Japan to send Twitter-using humanoids to space

If Japanese Aerospace Exploration Agency's (JAXA) plans succeed, there will soon be a humanoid robot in the International Space Station. The Twitter-using humanoid will be talking companions to the astronauts and will manage the outpost when the human inhabitants of the station are asleep.
North Korean Scud-B Missile, South Korean Hawk Surface-To-air Missiles

North Korea completes second missile site

Satellite images show North Korea has likely completed a second long range missile launchpad, an expert said on Thursday, amid U.S. concerns that Pyongyang's ballistic missile programme is fast becoming a direct threat.
 Honda Siel to recall 57,853 units in India for faulty engine

Honda to recall 693,497 units globally

Japanese auto major Honda said on Thursday that it will recall more than 693,497 units of the Freed, Fit and City company models globally due to defective parts that could stall the engine and cause problems restarting.
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Asia stocks up on U.S. cues, oil firm on Mideast tensions

Asian shares eked out modest gains for the second consecutive day on Thursday after the Federal Reserve offered a cautiously optimistic view of the U.S. economy, while oil prices edged higher on growing tensions in the Middle East.
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Asian stocks gain on U.S. hopes

Asian stock markets rose on Thursday, buoyed by strong corporate earnings and as the Federal Reserve expressed cautious optimism about the strength of the U.S. economic recovery.
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M&A, Dell earnings lift stock futures

Stock index futures rose on Wednesday after estimate-beating results from Dell and a deal for Sanofi-Aventis to buy Genzyme for $20.1 billion in cash.

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