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  • Obama welcomes Iran's election of moderate president Obama welcomes Iran's election of moderate president

    WASHINGTON - US President Barack Obama has urged Iran's newly elected president to prove to the world that the Islamic republic was not pursuing a nuclear weapon programme as the White House welcomed election of a moderate leader as a hopeful sign. "I think it says that the Iranian people want to move in a different direction," Obama said of the election results in Iran that saw a surprising ...

  • Gaddafi's son to stand trial in Libya in August Gaddafi's son to stand trial in Libya in August

    LONDON - Saif al-Islam Gaddafi, the son of deceased Libyan leader Colonel Muammar Gaddafi, will stand trial in August along with Gaddafi's last prime minister and a former intelligence director, the prosecutor's office has announced. The men will be tried for crimes against the Libyan people during the 2011 uprising that toppled the former regime. Notorious former spy chief Abdullah ...

  • Leaders of G8 call for peace in Syria and pledge humanitarian aid Leaders of G8 call for peace in Syria and pledge humanitarian aid

    ENNISKILLEN - The Group of Eight industrialised nations called for a swift end to the bloody civil war in Syria and urgent peace talks but stopped short of calling for the ouster of Syrian President Bashar Al-Assad in its joint statement at the end of talks Tuesday. Despite the lack of consensus among the G8 on the fate of Assad, as well as the use of chemical weapons by his regime, Canadian ...

  • More Russian Oil Flows to China in Shift From Europe

    MOSCOW Russia is steeply ramping up oil deliveries to China, with Asia now importing almost a fifth of oil exports from the world's largest crude producer in a strategic shift meant by the Kremlin to end reliance on weak and saturated European markets. Russia will increase oil supplies to China by 13 percent in July-September from the previous three months, a shipping schedule obtained ...

  • Antony for peaceful stable and democratic Pakistan

    Asserting that a peaceful, stable and democratic Pakistan will help India, Defence Minister A.K. Antony on Tuesday urged Islamabad to take strong action against militant groups operating from its soil with an aim to improve cross-border relations between the two Asian neighbours. India was concerned about the militant groups, which were operating from Pakistani soil, Antony said. "Our ...

Movie Review

The Pixar Story

The Pixar Story

There are few success stories in modern Hollywood like that of Pixar Animation Studios, and Leslie Iwerks' hagiographic documentary The Pixar Story chronicles it with enthusiastic detail and a well-rounded slate of interview subjects. If the ... ...

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  • No corruption in Male airport deal says watchdog

    The Maldives anti-corruption watchdog has ruled out any corruption in the deal to award the country's only operational international airport to Indian infrastructure giant GMR group, a media report said Tuesday. The $511 million project was abruptly cancelled by the Maldivian government in November 2012. The Anti-Corruption Commission's 61-page investigation report into alleged corruption in ...

  • UN chief urges global efforts for drought desertification

    UN Secretary-General Ban Ki- moon has called for a collective global action to build resilience and prepare for droughts, as well as to combat desertification (a type of land degradation). "Droughts are hard to avert, but their effects can be mitigated. Because they rarely observe national borders, they demand a collective response," reported Xinhua citing the UN chief in a message marking this ...

  • Yen Holds Decline Versus Dollar on Stock Gains Fed Prospects

    The yen extended declines against the dollar before the Federal Reserve starts a two-day meeting today amid speculation about when the central bank will slow its quantitative easing programme of bond purchases. The currency weakened against most of its 16 major peers after a Bank of Japan report showed its current-account balance will rise to a record amid unprecedented monetary stimulus. ...

  • Emerging Stocks Drop on Stimulus Concern as Philippines Rallies

    Emerging-market stocks fell for the first time in three days amid concern rising Chinese home prices will limit the scope for monetary stimulus. Shares in the Philippines and Indonesia surged. GCL-Poly Energy Holdings Ltd (3800) tumbled 12 percent in Hong Kong after a unit of China’s sovereign-wealth fund agreed to sell a stake in the company. S-Oil Corp. and Lotte Chemical Corp. ...

  • Alibaba-Backed Sinosoft Tech Plans $60 Million HK IPO

    Sinosoft Technology Group, an export-services software firm in which Alibaba Group owns a 25 percent stake, is planning to raise around $60 million in an initial public offering in Hong Kong, a person familiar with the situation said Monday. The firm will start taking institutional investors’ orders from Wednesday and plans to list on the Hong Kong stock exchange on July 5. Alibaba ...

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