Italian banks’ recapitalization plans in turmoil as Renzi bows out

6 Dec

LOMBARDY, ITALY/ROME – The fate of key Italian banks was up in the air Monday as investors feared that Prime Minister Matteo Renzi’s resignation would threaten their recapitalization plans. Concern focused on Italy’s third-biggest bank, Monte dei Paschi di Siena (BMPS), which analysts said is one of the country’s most vulnerable large lenders. Banking stocks […]

Sports schedule for Wednesday, Dec. 7

6 Dec

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Extremist images ‘fingerprinted’ by tech firms

6 Dec

Image copyright Getty Images Image caption The database will hold “digital fingerprints” of images and videos Facebook, Microsoft, Twitter and YouTube are collaborating to stop violent, extremist images and video being spread via their sites. The four tech firms plan to create a database that contains “digital fingerprints” of the content. The database will be […]

Trump fires opening salvo in risky test of wills with Beijing

6 Dec

WASHINGTON U.S. President-elect Donald Trump indicated a tougher U.S. approach to China by speaking to Taiwan’s president last week, but how far he will push a risky test of wills to wring concessions from Beijing on issues from trade to North Korea is unclear. The call between Trump and Tsai Ing-wen was the first by […]

Chiba doctor held on indecency charges in alleged gang-rape case

5 Dec

CHIBA – A doctor was arrested Monday on charges of indecent conduct against a woman when three male medical students allegedly gang-raped her in Chiba in September. The Chiba Prefectural Police said they have arrested Yuji Fujisaka, 30, who belongs to Chiba University Hospital and is in a position of supervising the three students at […]

Protesters fear Dakota pipeline’s fate will fall to stakeholder Trump

5 Dec

CANNON BALL, NORTH DAKOTA – Native Americans and their supporters expressed cautious optimism Monday after the U.S. Army nixed plans for a controversial oil pipeline crossing in North Dakota, with many fearing their victory could be short lived. While the decision marks a win for the months-long protest movement that stood its ground even as […]

Abe to make historic visit to Pearl Harbor in late Dec.

5 Dec

Abe will be the first sitting Japanese prime minister to visit the historic place, where the now-defunct Imperial Japanese Navy conducted an assault on Dec. 7, 1941, heralding the start of war between the two countries, as part of World War II. “I hope to show a resolve toward the future never to repeat the […]

Cooling water briefly stopped at Fukushima plant

5 Dec

The plant’s operator, Tokyo Electric Power Company, says an alarm system was activated at around 10 AM when a water pump at the No. 3 reactor shut down. An internal investigation by the utility found that a worker had mistakenly hit the pump’s switch with his elbow while checking instruments. TEPCO resumed the water injections […]

Renzi to resign after referendum rout, leaving Italy in limbo

5 Dec

ROME Italian Prime Minister Matteo Renzi is set to resign on Monday after suffering a resounding defeat in a referendum over constitutional reform, leaving the euro zone’s third-largest economy in political limbo. His decision to quit after just two-and-a-half years in office deals a new blow to Europe’s political establishment, already reeling from the Brexit […]

U.S. seeks to reassure Beijing after Trump call with Taiwan leader

5 Dec

BEIJING/WASHINGTON U.S. President-elect Trump is clear about China’s position on the Taiwan issue and China has maintained contacts with his team, the foreign ministry said on Monday, as Trump took to Twitter to complain about Chinese economic and military policy. Trump’s unusual call with Taiwan President Tsai Ing-wen on Friday prompted a diplomatic protest on […]