Japan’s foreign investments and assets grew to the second-highest level on record as companies used the high yen to make acquisitions abroad, a trend that may help them cope with stagnant demand at home. (read more…)
Japan was the world's major creditor in 2011, for the 21st consecutive year, reflecting corporations' aggressive foreign acquisitions and Japan's prodigious foreign currency intervention. The nations' … (read more…)
TOKYO (Reuters) – Japan will start negotiations on an investment treaty with Myanmar on Wednesday, the trade ministry said, as corporations around the world scramble to do business in one of the last frontier markets in response to encouraging political reforms. The earliest possibility for an agreement would be a November summit of the...
Targeting Mitt Romney’s record at Bain Capital “is what this campaign is going to be about,” he says. (read the story…)
How badly are things going in Afghanistan? The top U.S. and NATO commander, Gen. John Allen, told reporters it was “good news” that Afghan authorities had arrested 160 people in the last few months for plotting so-called “green-on-blue” attacks by Afghan security forces on their NATO-led international partners. (read the story…)
Authorities have arrested an alleged Zetas drug cartel leader nicknamed “El Loco,” AKA the Fool or the Crazy One, on charges that he dumped 49 headless bodies on a highway outside Monterrey, Mexico. (read the story…)
President Barack Obama on Monday acknowledged “risks” in his decision to withdraw U.S. combat forces from Afghanistan by the end of 2014 but said war-weary Americans can’t wait for that strife-torn country to be “perfect.” “I don’t think that there is ever going to be an optimal point where we say, this is all...
Indiana Gov. Mitch Daniels delivered his most forceful rejection of the vice presidential post yet, saying he would “disconnect the phone” if he found out that Romney was considering him for the job. (read the story…)
A New Jersey judge sentenced a former Rutgers student to 30 days in jail for using a webcam to spy on his roommate kissing another man. Dharun Ravi, 20, was convicted on two second-degree bias intimidation charges in a case that garnered national headlines because his roommate, Tyler Clementi, committed suicide after the spying....
President Barack Obama spoke briefly Monday with Pakistani President Asif Ali Zardari on the sidelines of a NATO summit as the uneasy allies looked to drain the poison from their wounded relations. (read the story…)
Are members of Congress dumbing down their discourse? The Sunlight Foundation determined that Congress is talking at nearly a full grade level below the level at which members spoke seven years ago, according to its study of the Congressional Record—the official record of members’ proceedings and speech. (read the story…)
The Mitt Romney campaign didn’t waste any time to latch onto Newark Mayor Cory Booker’s criticism of the Obama campaign’s “nauseating” attack on Romney’s Bain Capital record. (read the story…)
Shares of Facebook (FB) fell as low as $33 today, more than 13% below the offering price on Friday. Ironically the same shareholders who were assumed to be buyers of the stock at any price are now ditching FB at a steep discount. (read the story…)
President Obama’s re-election campaign is doing some damage control after a top surrogate Sunday sharply criticized a major Democratic assault on Mitt Romney’s record at Bain Capital. (read the story…)
Thanks to rapidly growing private exchanges like SecondMarket, the price discovery that an IPO enables can take place long before the media frenzy of an initial public offering. (read the story…)
Former Rutgers student Dharun Ravi will make a statement to a packed New Brunswick, N.J. courtroom today before he is sentenced. (read the story…)
Edwards’ trial for misusing campaign money enters its second full day of jury deliberations. (read the story…)
President Obama recognized Specialist Leslie Sabo Jr. for extraordinary valor from the Vietnam war. (read the story…)
Patricia Krentcil, the New Jersey woman dubbed the “Tanning Mom” after she was arrested for allegedly taking her young daughter tanning, wants people to know she’s not the leather-faced lunatic the media has made her out to be. “I’m up at 3 in the morning, making sure all the wash is done,” Krentcil told...
The story of Ampad, a company acquired by Bain Capital in 1992 that later went bankrupt, was used successfully by Democrats 18 years ago to help derail Mitt Romney’s run for a U.S. Senate seat from Massachusetts. (read the story…)
Over the weekend Yahoo! (YHOO) finalized a deal to sell half of its long-standing 40% stake in Chinese e-commerce company Alibaba. The deal is valued at $7.1 billion — $6.3 billion in cash and $800 million worth of newly minted Alibaba preferred shares. (read the story…)
On Monday, a suicide bomber posing as a member of the Yemeni military killed at least 96 people and wounded hundreds more—most if not all soldiers—in a blast in Sanaa, Yemen’s capital. The soldiers were rehearsing for a military parade in Sabeen Square near the presidential palace, Yemeni officials said. According to Agence France-Press,...
A demonstrator gestures during an anti-NATO protest march in Chicago May 20, 2012. REUTERS/Eric Thayer (UNITED STATES – Tags: POLITICS MILITARY CIVIL UNREST) (read the story…)
