French Open Lookahead: Frenchman Gasquet faces Murray in QF
Wed, 01 Jun 2016 03:03:35 -0400
PARIS (AP) — The wait had better be worth it for tennis fans when Richard Gasquet finally takes on Andy Murray in the French Open quarterfinals — weather allowing on Wednesday.


Kenya prosecutor says no crime found in use of eurobond funds
Wed, 01 Jun 2016 03:01:35 -0400
The Kenyan prosecutor's office said on Tuesday it had found no evidence that proceeds of 250 billion shillings ($2.48 billion) raised from a eurobond had been stolen or misused and will not pursue criminal charges against any government officials. In January, Director of Public Prosecutions Keriako Tobiko ordered the Ethics and Anti-Corruption Commission (EACC) to probe the use of the funds after opposition leader Raila Odinga said the government could not account for 140 billion shillings from the sovereign bond. "Further, I have found no evidence disclosing any criminality of any government officials.


In Mozambique, a return to the horrors of civil war
Wed, 01 Jun 2016 02:57:19 -0400
Decomposing corpses in the bush, destroyed villages, abductions -- in the central Mozambican district of Gorongosa clashes between the army and rebels have revived the spectre of a civil war that ended 20 years ago. "It has been two months since I have found these bodies and no one has come to remove them," Donca Sabir, a local farmer, told AFP as he contemplated remains barely hidden among shrubs on his land. Wearing scraps of civilian clothes, their trousers often pulled down, and their jaws open in macabre expressions of pain, the skeletal corpses lie just 100 metres (yards) from Mozambique's main north-south road.


India tops world slavery list, but charity cites improvement
Wed, 01 Jun 2016 02:56:41 -0400
NEW DELHI (AP) — A charity aimed at rescuing children from forced labor said Wednesday that while India tops a recent global slavery index, the situation is improving in the South Asian nation.

Turkey says German vote on Armenia killings will harm ties
Wed, 01 Jun 2016 02:56:17 -0400
ANKARA, Turkey (AP) — Turkey's prime minister says relations with Germany will be harmed if the German parliament votes to describe the killing of Armenians last century as genocide.

UN warns 20,000 children are trapped in Iraq's Fallujah
Wed, 01 Jun 2016 02:53:53 -0400
BAGHDAD (AP) — The U.N. children's fund has issued a stark warning to Iraqi troops and Islamic State militants to spare the children amid a battle to retake the city of Fallujah city.


China new home prices grow at fastest rate in two years
Wed, 01 Jun 2016 02:47:16 -0400
New home prices in China grew at their fastest pace in more than two years in May, a private survey showed, signalling the recovery of a crucial sector in the world's second-largest economy. After fuelling much of China's spectacular growth in recent decades the property market has been in the doldrums for the last two years, with new buyers priced out despite government borrowing restrictions reining in soaring costs. Beijing has introduced several policies to try and stabilise the market, including lowering the minimum down payment requirement, cutting transaction taxes and providing incentives for migrant workers to buy homes.


Rockies tie franchise record with 7 homers, beat Reds 17-4
Wed, 01 Jun 2016 02:46:48 -0400
DENVER (AP) — This version of The Blake Street Bombers had a night to remember at Coors Field, blasting their way to a little history.


Japan PM delaying sales tax rise, fiscal reform on back burner
Wed, 01 Jun 2016 02:40:53 -0400
By Linda Sieg and Tetsushi Kajimoto TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe told lawmakers on Wednesday that he has decided to delay a scheduled sales tax hike by two-and-a-half years, putting his plans for fiscal reforms on the back burner amid more weakness in the economy. The widely-anticipated delay will be welcomed by a majority of voters, who will cast ballots in an upper house election in July. "I want to fullfill my responsibility by accelerating Abenomics more and more," Abe told a gathering of his ruling Liberal Democratic Party (LDP) on Wednesday.


SoftBank to sell part of stake in China's Alibaba for $7.9 bn
Wed, 01 Jun 2016 02:27:39 -0400
SoftBank said Wednesday it will sell at least $7.9 billion worth of its stake in Chinese e-commerce giant Alibaba, as the Japanese firm looks to pay down a whopping debt load. The mobile carrier, led by colourful billionaire Masayoshi Son, first invested in Alibaba in 2000, which has since ballooned into what is now considered to be the world's biggest online retailer. In recent years, SoftBank launched an acquisition streak that saw it pick up an assortment of firms, including its $16 billion purchase of US-based mobile giant Sprint.




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