AIBA chief Wu responds to ongoing rift, crisis

In the midst of an organizational crisis, the president of the International Boxing Association (AIBA) is fighting back. After AIBA employees were shut out of their offices on Wednesday, according to an AFP report, Wu Ching-kuo, who has been president of boxing’s global amateur governing body since November 2006, told The Japan Times the matter

Pakistan faces new political turmoil as PM Sharif ousted in wealth probe

ISLAMABAD (Reuters) – Pakistan’s Supreme Court disqualified Prime Minister Nawaz Sharif from office on Friday over undeclared assets, plunging the nuclear-armed South Asian nation into political turmoil after a period of relative stability. Sharif swiftly resigned but in a statement his spokesman said there were “serious reservations” about the judicial process after the court ordered

Nikkei drops back below 20,000 amid profit-taking

Stocks turned lower on the Tokyo Stock Exchange on Friday, under the weight of selling to lock in profits, with the benchmark Nikkei average ending below 20,000 for the first time in three days. The benchmark Nikkei 225 average lost 119.80 points, or 0.60 percent, to close at 19,959.84. On Thursday, the key market gauge