Saturday, March 30, 2013

Daily News: Reuters News Headlines - North Korea says enters "state of war" against South

Friday, Mar 29, 2013 09:07 PM PDT
Today's Reuters News Headlines - Yahoo! News:

North Korea says enters "state of war" against South 
Friday, Mar 29, 2013 09:07 PM PDT
North Korean leader Kim Jong-Un watches soldiers of the Korean People's Army (KPA) taking part in landing and anti-landing drills in the eastern sector of the front and the east coastal areaBy Jack Kim SEOUL (Reuters) - North Korea said on Saturday it was entering a "state of war" with South Korea in a continuing escalation of angry rhetoric directed at Seoul and Washington, but the South brushed off the statement as little more than tough talk. The two Koreas have been technically in a state of war for six decades under an armistice that ended their 1950-53 conflict. Despite its threats few people see any indication Pyongyang will risk a near-certain defeat by re-starting full-scale war. ...
Full Story
Top
Big depositors in Cyprus to lose far more than feared 
Friday, Mar 29, 2013 07:09 PM PDT
A man tries to look inside a branch of Laiki Bank a few hours before the reopening of the banks on the island in NicosiaBy Michele Kambas NICOSIA (Reuters) - Big depositors in Cyprus's largest bank stand to lose far more than initially feared under a European Union rescue package to save the island from bankruptcy, a source with direct knowledge of the terms said on Friday. Under conditions expected to be announced on Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, the source told Reuters, while the rest of their deposits may never be paid back. ...
Full Story
Top
More trouble for Cohen's SAC Capital as Steinberg indicted in NY 
Friday, Mar 29, 2013 11:35 AM PDT
Michael Steinberg (C) leaves Manhattan Federal Court in New YorkBy Nate Raymond and Matthew Goldstein (Reuters) - U.S. prosecutors on Friday charged Michael Steinberg, a veteran portfolio manager at Steven A. Cohen's hedge fund, with insider trading in two technology stocks, the most senior SAC Capital Advisors' employee to be indicted in the government's long-running probe. FBI agents arrested Steinberg at his Park Avenue home in New York City at around 6 a.m. EDT (1000 GMT). Steinberg, wearing a blue sweater, pleaded "not guilty" to charges of securities fraud and conspiracy to commit securities when he appeared at a late morning arraignment. ...
Full Story
Top
U.S. B-2 bombers sent to Korea on rare mission: diplomacy not destruction 
Friday, Mar 29, 2013 09:40 PM PDT
One of three Air Force Global Strike Command B-2 Spirit bombers returns to home base at Whiteman Air Force Base in MissouriBy Warren Strobel WASHINGTON (Reuters) - The stealthy, nuclear-capable U.S. B-2 bomber is a veteran of wars in Iraq and Libya, but it isn't usually a tool of Washington's statecraft. Yet on Thursday, the United States sent a pair of the bat-winged planes on a first-of-its-kind practice run over the skies of South Korea, conducting what U.S. officials say was a diplomatic sortie. The aim, the officials said, was two-fold: to reassure U.S. allies South Korea and Japan in the face of a string of threats from North Korea, and to nudge Pyongyang back to nuclear talks. ...
Full Story
Top
Kenyans await ruling in disputed presidential election 
Saturday, Mar 30, 2013 12:09 AM PDT
People watch a live broadcast on the last day of the presidential poll petition in Kenya's capital NairobiBy Edmund Blair and Humphrey Malalo NAIROBI (Reuters) - Kenya's Supreme Court rules on Saturday on a legal challenge to Uhuru Kenyatta's win in a presidential election seen as a test of democracy, five years after vote disputes triggered widespread bloodshed. The country's outgoing president called for calm ahead of a decision that will either confirm the victory of Kenya's richest man Kenyatta or force another vote. Defeated candidate Raila Odinga says the March 4 poll was marred by technical problems and widespread rigging. Both politicians have promised to abide by the court's final word. ...
Full Story
Top
Muslims vanish as Buddhist attacks approach Myanmar's biggest city 
Friday, Mar 29, 2013 08:48 PM PDT
Destroyed furniture are seen in a market in SitkwinBy Jason Szep SIT KWIN, Myanmar (Reuters) - The Muslims of Sit Kwin were always a small group who numbered no more than 100 of the village's 2,000 people. But as sectarian violence led by Buddhist mobs spreads across central Myanmar, they and many other Muslims are disappearing. Their homes, shops and mosques destroyed, some end up in refugee camps or hide in the homes of friends or relatives. Dozens have been killed. ...
Full Story
Top
Pope leads traditional Good Friday rite at Rome Colosseum 
Friday, Mar 29, 2013 07:25 PM PDT
Pope Francis leads the Via Crucis procession during Good Friday at the Colosseum in RomeBy Philip Pullella ROME (Reuters) - Thousands of people holding candles turned out at Rome's Colosseum to see Pope Francis mark the first Good Friday of his pontificate with a traditional "Way of the Cross" procession around the ancient amphitheatre. Francis, who was elected on March 13, sat under a red canopy on Rome's Palatine Hill as representatives of the faithful from around the world alternated carrying a wooden cross on the day Christians commemorated Jesus's death by crucifixion. ...
Full Story
Top
House Speaker admonishes fellow Republican for immigrant slur 
Friday, Mar 29, 2013 03:12 PM PDT
House Speaker Boehner holds a news conference at the U.S. Capitol in WashingtonWASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner on Friday condemned a reference to migrant workers made by fellow Republican Representative Don Young, calling the comments "offensive and beneath the dignity of the office." Young referred to migrant workers as "wetbacks" in a radio interview aired in his home state of Alaska on Thursday, but issued an apology late in the day after criticism. The term is considered a slur against illegal immigrants who crossed into the United States from Mexico. "My father had a ranch. We used to hire 50-60 wetbacks ... ...
Full Story
Top
No end to Italy deadlock despite president's efforts 
Friday, Mar 29, 2013 12:42 PM PDT
Italy's former Prime Minister Berlusconi speaks to reporters after meeting with Italian President Napolitano at Quirinale palace in RomeBy James Mackenzie and Barry Moody ROME (Reuters) - Italy remained in political deadlock on Friday after a new round of talks led by President Giorgio Napolitano failed to break the stalemate created by elections last month that left no group able to form a government alone. Napolitano, 87, conducted a swift round of talks with the three main forces in parliament on Friday after the failure of a week of efforts by center-left leader Pier Luigi Bersani to win support for a new government. ...
Full Story
Top
South Africa says Mandela makes progress, in good spirits 
Friday, Mar 29, 2013 05:38 AM PDT
Former South African President Nelson Mandela listens to the State of The Nation address being delivered by the current President Jacob Zuma at Parliament in Cape TownBy Shafiek Tassiem SOWETO, South Africa (Reuters) - South African former President Nelson Mandela is in good spirits and making progress, doctors said on Friday, after the 94-year-old anti-apartheid hero was taken to hospital for the third time in four months for a lung infection. The medical report was a relief to South Africans who had been anxiously praying and waiting for an update on the health of the Nobel Peace Prize laureate, hospitalized before midnight on Wednesday. Global leaders sent their best wishes. ...
Full Story
Top
U.S. B-2 bombers sent to Korea on rare mission: diplomacy not destruction 
Friday, Mar 29, 2013 03:42 PM PDT
One of three Air Force Global Strike Command B-2 Spirit bombers returns to home base at Whiteman Air Force Base in MissouriBy Warren Strobel WASHINGTON (Reuters) - The stealthy, nuclear-capable U.S. B-2 bomber is a veteran of wars in Iraq and Libya, but it isn't usually a tool of Washington's statecraft. Yet on Thursday, the United States sent a pair of the bat-winged planes on a first-of-its-kind practice run over the skies of South Korea, conducting what U.S. officials say was a diplomatic sortie. The aim, the officials said, was two-fold: to reassure U.S. allies South Korea and Japan in the face of a string of threats from North Korea, and to nudge Pyongyang back to nuclear talks. ...
Full Story
Top
Bombs at five Iraqi Shi'ite mosques kill 19 
Friday, Mar 29, 2013 07:31 AM PDT
Residents inspect a damaged vehicle at the site of a bomb attack in KirkukBAGHDAD (Reuters) - Car bombs hit five Shi'ite mosques in Baghdad and the northern Iraqi city of Kirkuk just after prayers on Friday, killing 19 worshippers and injuring another 130. Ten years after the U.S. invasion that toppled Saddam Hussein, Iraq is still grappling with political turmoil and Sunni Islamist insurgents linked to al Qaeda, who are stepping up attacks on Shi'ite targets and security forces. ...
Full Story
Top
Consumer data support sturdy first-quarter growth picture 
Friday, Mar 29, 2013 08:51 AM PDT
A woman walks through a shopping mall in San FranciscoBy Lucia Mutikani WASHINGTON (Reuters) - Consumer spending rose in February and sentiment among Americans perked up this month, further signs of an acceleration in economic activity in the first quarter after a near stall late last year. The data on Friday also showed a rebound in income growth, putting the economy in a better shape to deal with tighter fiscal policy, particularly $85 billion in across-the-board federal government spending cuts, known as the "sequester. ...
Full Story
Top
Big depositors in Cyprus to lose far more than feared 
Friday, Mar 29, 2013 01:16 PM PDT
Cyprus' President Nicos Anastasiades addresses the nation with a televised speech from the presidential palace in NicosiaBy Michele Kambas NICOSIA (Reuters) - Big depositors in Cyprus's largest bank stand to lose far more than initially feared under a European Union rescue package to save the island from bankruptcy, a source with direct knowledge of the terms said on Friday. Under conditions expected to be announced on Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, the source told Reuters, while the rest of their deposits may never be paid back. ...
Full Story
Top
Quarter of U.S. firms in China face data theft: business lobby 
Friday, Mar 29, 2013 01:50 AM PDT
The National Information Security Engineering Center, a building commissioned by the People's Liberation Army's Cyber Unit, is seen at the Zhangjiang High Technology Park, on the outskirts of ShanghaiBy Michael Martina BEIJING (Reuters) - A quarter of firms that are members of a leading U.S. business lobby in China have been victims of data theft, a report by the group said on Friday, amid growing vitriol between Beijing and Washington over the threat of cyber attacks. Twenty-six percent of members who responded to an annual survey said their proprietary data or trade secrets had been compromised or stolen from their China operations, the American Chamber of Commerce in China report said. ...
Full Story
Top
North Korea readies rockets after U.S. show of force 
Friday, Mar 29, 2013 03:54 AM PDT
North Koreans attend a rally in support of North Korean leader Kim Jong-un's order to put its missile units on standby in preparation for a possible war against the U.S. and South Korea, in PyongyangBy David Chance and Phil Stewart SEOUL/WASHINGTON (Reuters) - North Korea put its missile units on standby on Friday to attack U.S. military bases in South Korea and the Pacific, after the United States flew two nuclear-capable stealth bombers over the Korean peninsula in a rare show of force. North Korean leader Kim Jong-un signed off on the order at a midnight meeting of top generals and "judged the time has come to settle accounts with the U.S. imperialists in view of the prevailing situation", the official KCNA news agency said. ...
Full Story
Top
Consumer sentiment jumps in March on jobs hopes 
Friday, Mar 29, 2013 07:37 AM PDT
People carry shopping bags as they make their way through the shopping area if Herald Square in New YorkBy Luciana Lopez NEW YORK (Reuters) - Consumer sentiment jumped in the second half of March by a record amount as Americans discounted the effects of government spending cuts and saw more healing in the labor market, a survey released on Friday showed. The Thomson Reuters/University of Michigan's final reading on the overall index on consumer sentiment came in at 78.6, up from 77.6 the month before. That was well above the median forecast of 72.5 among economists polled by Reuters and a record upward revision from a preliminary reading of 71.8 in mid-March. ...
Full Story
Top

You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.

No comments:

Post a Comment