Wednesday May 22, 2013



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Harper test-drives new "extractive industries" approach to aid in Peru

LIMA, Peru - Prime Minister Stephen Harper meets with mining executives and the Peruvian president this morning as he puts the new "extractive industries" focus of his aid and foreign policy into practice....

posted: May 22,2013





Business News

Japan's central bank keeps policy unchanged, says economy 'picking up,' as trade deficit grows

TOKYO - Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month....


Sony CEO says board mulling hedge fund boss Loeb's proposal to spin off entertainment business

TOKYO - Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 per cent of its movie, TV and music division....


Oil falls below $96 ahead of crude stocks report, Bernanke testimony

BANGKOK - The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy....


World stock markets are mixed ahead of Fed chief Ben Bernanke's appearance before Congress

BANGKOK - World stock markets were mixed Wednesday, hours before Federal Reserve chairman Ben Bernanke is to deliver remarks before Congress on the state of the U.S. economy....


Bank of England policymakers remain divided on whether to expand program of economic stimulus

LONDON - The Bank of England's policymakers remain divided on whether to provide more stimulus to the flat-lining economy, according to the minutes of their meeting in May....


Rescuers recover all 28 bodies from collapsed underground classroom at Freeport Indonesia mine

TIMIKA, Indonesia - Rescuers on Wednesday recovered the last of 28 miners killed last week when an underground room of a giant Indonesian gold and copper mine collapsed, the operator of the U.S.-owned facility said....








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