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Asia stocks hit 4-month high in cautious rise (Reuters)

People are reflected in a stock index board outside a brokerage in Tokyo August 31, 2010. REUTERS/Kim Kyung-HoonReuters - Asian stocks rose to a four-month high on Friday, some investors inspired by positive U.S. economic data to pick out bargains, with the cautious shift toward risk reining in yen strength.


BP delays Q3 results due oil spill complexities (Reuters)

A logo is seen at a BP fuel station in London July 27, 2010. REUTERS/Toby MelvilleReuters - BP Plc said it would delay the release of its third quarter results by a week because of added complexities in its accounts due to costs associated with the Gulf of Mexico oil spill.


Day of mourning for Russian car bomb victims (AP)

In this image made from television, the wreckage of a car destroyed in a suicide car attack is seen in a square outside a market in Vladikavkaz, North Caucasus, Russia, Thursday, Sept. 9, 2010. A suicide car bomber hit the central market of Vladikavkaz on Thursday, killing more than a dozen and wounding more than 130 people in one of the worst terror attacks in the volatile region in years, officials said. (AP Photo/AP Television News) ** IMAGE FROM TV**  TV OUT **AP - Flags are at half-staff in the Russian Caucasus city of Vladikavkaz and stunned residents are laying flowers in a rubble-strewn square where a suicide car bombing killed 17 people and wounded more than 140.


Corrected: German central banker in race row resigns (Reuters)

German central bank executive Thilo Sarrazin attends a public reading to present his book 'Deutschland schafft sich ab' (Germany does away with itself) in Potsdam, September 9, 2010. REUTERS/Fabrizio BenschReuters - A German central bank board member who caused outrage with remarks about Muslim immigrants and Jews resigned on Thursday after coming under pressure from political leaders including Chancellor Angela Merkel.


Japan revises growth up, but yen pressures linger (AFP)

Ginza shopping district is pictured in central Tokyo, home to some of the most expensive commercial real estate in the country. Japan's economy expanded more than initially thought in the second quarter, government data showed Friday, as domestic firms ramped up capital expenditure.(AFP/File/Toru Yamanaka)AFP - Japan said Friday its economy grew more than first thought in the second quarter, soothing fears that a fragile recovery could grind to a halt, although the strong yen remains an ever-present threat.


Nokia says Microsoft's Elop to be new CEO (Reuters)

Reuters - Nokia (NOK1V.HE), the world's top cellphone maker, said Stephen Elop, the head of Microsoft's Business Division, was to be its new chief executive, leading a renewed effort to compete in the smartphone market.

China's imports leap, cutting trade surplus (Reuters)

Reuters - China's imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.

SEC probing certain investment advisory firms: report (Reuters)

Reuters - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.

U.S. crude jumps on Canada-U.S. pipeline shutdown (Reuters)

A sunflower field is seen along the way to Russia's southern city of Rostov-on-Don, September 8, 2010. Russia is considering a ban on exports of sunflower seeds and sunflower oil in the wake of a catastrophic drought at the request of vegetable oil producers, the Deputy Agriculture Minister said on Thursday. Picture taken September 8, 2010. REUTERS/Ilya Naymushin (RUSSIA - Tags: AGRICULTURE FOOD BUSINESS)Reuters - U.S. crude for October jumped to near $75 on Friday after a leak forced Enbridge to shut down the biggest pipeline supplying Canadian oil to refineries in the Midwest and to a key storage hub in Oklahoma.


Decision to suspend Quran-burning met with relief (AP)

Pakistani protesters rally in reaction to a small American church's plan to burn copies of the Quran in Multan, Pakistan on Thursday, Sept. 9, 2010. (AP Photo/Khalid Tanveer)AP - Religious and political leaders across the Muslim world welcomed a decision by a small American church to suspend its plans to torch copies of their holy book — but some said Friday the damage has already been done.


Mexican police didn't know they'd caught drug capo (AP)

Soldiers stand next to weapons seized at a warehouse following a clash in the town of General Trevino, Nuevo Leon State, bordering the United State on September 2. At least four people died in a clash between soldiers and suspected drug gang members in northeastern Mexico, a day after 25 outlaws died in a shootout with soldiers nearby, police said Friday.(AFP/Dario Leon)AP - The Mexican police officers who arrested infamous drug suspect Edgar Valdez Villarreal, alias "La Barbie," did not initially know who they had caught, according to a booking report obtained Thursday.


Australia to oppose Air New Zealand, Virgin Blue alliance (AFP)

A Virgin Pacific Blue Boeing 737 and an Air New Zealand Boeing 737 are seen at Wellington Airport. Australia's corporate watchdog Friday said it would likely reject a proposed alliance between the two carriers because it could disadvantage more than a million passengers a year.(AFP/File/Dean Treml)AFP - Australia's corporate watchdog Friday said it would likely reject a proposed alliance between Air New Zealand and Virgin Blue because it could disadvantage more than a million passengers a year.


Honduras deploys soldiers on anti-crime patrols (AP)

AP - The Honduran government has deployed soldiers to perform anti-crime patrols in some of the Central American country's most violent cities, following the massacre of 18 people in a shoe factory this week.

Iran to free female American for holiday clemency (AP)

FILE - In this May 20, 2010 file photo, Cindy Hickey, mother of Shane Bauer, right, Nora Shourd, mother of Sarah Shourd, center, and Laura Fattal, left, mother of Josh Fattal hug their children at the Esteghlal hotel in Tehran, Iran. Iran announced Thursday that one of the three Americans jailed for more than a year will be released Saturday to mark the end of Islamic holy month of Ramadan. (AP Photo/Press TV, File)AP - Iran said Thursday it will free Sarah Shourd, one of three Americans jailed for more than 13 months, as an act of clemency to mark the end of the Islamic holy month of Ramadan.


Activist: Beached whale in Brazil can't be saved (AP)

People splash water on a beached whale on Praia do Sol beach in Santa Catarina state, Brazil, Thursday Sept. 9, 2010.  Marine biologists said Thursday an endangered right whale stranded on a beach in southern Brazil for the past two days is too weak to be rescued and returned safely to the sea. (AP Photo/Charles Guerra-Agencia RBS)AP - An animal-rights activist says an endangered right whale stranded on a beach in southern Brazil for two days is too weak to be rescued and returned safely to the sea.


Quran burning canceled after Pentagon calls pastor (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Under tremendous pressure from U.S. officials all the way up to President Barack Obama, a Florida pastor on Thursday called off a Quran burning that he'd scheduled for Saturday, the anniversary of the 9/11 attacks, which had drawn international condemnation and posed a potential threat to national security.

Why Foreign Businesses in China Are Getting Mad (Time.com)

Time.com - Foreign businesses in China are voicing growing frustration about the country's heavily regulated market -- a bureaucratic maze many say is deliberately designed to hamstring non-Chinese players to the advantage of their local competitors

Rachel Corrie v. Israel Trial: Contradictions Emerge (Time.com)

Time.com - The family of American activist Rachel Corrie, who was killed by an Israeli army bulldozer, is fighting a civil suit in Israel's courts, forcing the authorities to reveal details of her death

India vehicle sales remain strong (Investor's Business Daily)

Investor's Business Daily - Aug. car sales in India rose 33.2% from a year ago, according to the Society of Indian Automobile Manufacturers. The gain was impressive considering supply constraints have pushed up vehicle prices. Ford expects India to be the world's No. 3 auto market by decade's end, and is pushing hard to gain market share from rivals such as Maruti Suzuki, Hyundai and Tata Motors . Ford plans to launch 8 more models in India. Meanwhile, Tata's domestic sales of its key medium and heavy commercial vehicles rose 34%.

IMF to sell 400 million dollars' worth of gold to Bangladesh (AFP)

The International Monetary Fund on Thursday announced it would sell 10 metric tons of gold to Bangladesh, worth around 403 million dollars.(AFP/File/Sebastian Derungs)AFP - The International Monetary Fund on Thursday announced it would sell 10 metric tons of gold to Bangladesh, worth around 403 million dollars.


US lawmakers to quiz Geithner on China currency (AFP)

US Treasury Secretary Tim Geithner, pictured in August 2010, will face a key US House committee's questions on possible new steps to press China over its currency policy, the panel's chairman said Thursday.(AFP/Getty Images/File/Mark Wilson)AFP - US Treasury Secretary Tim Geithner will face a key US House committee's questions on possible new steps to press China over its currency policy, the panel's chairman said Thursday.


Sudan's Darfur rebels say attacked by Ugandan LRA (Reuters)

Reuters - A Darfur rebel group said on Thursday it was attacked by Ugandan Lord's Resistance Army guerrillas in Sudan's west.

Mortgage rates edge up; Housing market still slow (AP)

AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

Homeowners, Beware Association Costs (Investor's Business Daily)

Investor's Business Daily - House and condo owners may face extra costs as their homeowner associations struggle with unpaid assessments, the legacy of neighbors hit by job losses and foreclosures.

Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Analysis: Obama has tenuous grip on Democrats over taxes (Reuters)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningReuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.


U.S. Marines take back pirate-held ship off Somalia (AP)

In this photo released by the U.S. Navy, helicopters from the USS Dubuque provide aerial watch as U.S. Marines from the 15th Marine Expeditionary Unit's Maritime Raid Force, embarked on Dubuque, center-right, boarded and seized control of the Antigua and Barbuda flagged and German-owned vessel Magellan Star, left, at sea off the coast of Somalia Thursday, Sept. 9, 2010. The U.S. Navy says Marine commandos have reclaimed control of the pirate-held vessel Magellan Star off the Somalia coast, and taken nine prisoners. (AP Photo/U.S. Navy, Cryptologic Technician 2nd Class William Farmerie) EDITORIAL USE ONLYAP - U.S. Marine commandos stormed a pirate-held cargo ship off the Somalia coast Thursday, reclaiming control and taking nine prisoners without firing a shot in the first such boarding raid by the international anti-piracy flotilla, U.S. Navy officials said.


Air India bomb perjury trial starts in Canada (Reuters)

Reuters - A Canadian man's own actions will prove he lied to a court about having no knowledge of the conspiracy that led to the deadly bombing of Air India Flight 182 in 1985, prosecutors said at the start of a perjury trial on Thursday.

Wal-Mart US merchandising now headed by four execs (Reuters)

Reuters - Wal-Mart Stores Inc will remain without a chief merchandising officer for its U.S. stores for now, instead naming four new product heads to take over that responsibility, the retailer said on Thursday.

Irish bonds rebound, banks hold ground after Anglo (AP)

AP - Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.

Web Impostors May Face Prison in California (BusinessWeek)

BusinessWeek - California Web impostors beware: You may soon be breaking the law, even if you aren't one of the perpetrators targeted by the state's "e-personation" bill.

SEC says proposed Citi settlement is fair (Reuters)

Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.

Germany considers scrapping the draft (The Christian Science Monitor)

The Christian Science Monitor - The young man playing with kids at the Main Krokodile preschool here isn't your typical caregiver. He's among the tens of thousands of Germans who fulfill their military service by working with children, the elderly, or the disabled. The head of the school, Berndt Niedergesäss, is all for it: "The children love dealing with men," he says.

Banging a Drum for the MDG Summit (OneWorld.net)

OneWorld.net - NEW YORK, Sep 7 (IRIN) - Activists are pulling out all the stops ahead of a development summit at UN headquarters on 20-22 September. Pro-aid and anti-poverty lobbyists are trying everything from giant letters to banging pans to raise awareness of the high-level event.
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