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Shares, dollar struggle on Ukraine anxiety

The curve of the German share price index DAX board at the Frankfurt stock exchange By Marc Jones LONDON (Reuters) - Heightened tension in Ukraine pushed world shares lower and lifted safe-haven European bonds on Friday, taking the shine off what looked set to be an earnings and M&A-driven week of gains for European and U.S. stocks. Trouble in Ukraine escalated after Ukrainian forces killed up to five pro-Russia separatists on Thursday and Russia conducted military drills near the border, raising fears it was gearing up to invade. European shares tumbled 0.5 percent in early trading as concerns also rose that the United States and Europe were readying increasingly tough sanctions on Russia which were bound to be met with retaliatory measures from Moscow. The DAX in Germany, which has the region's biggest trade ties with Russia, were down almost 1 percent in early deals as the country's government bonds, favored by risk-wary investors, made ground.


Global stocks tumble amid Ukraine tensions

BEIJING (AP) — Global stocks tumbled Friday after tensions over Ukraine mounted and Standard & Poor's cut Russia's credit rating, warning of capital flight and risks to investment due to the crisis.

Ex-DHS watchdog put on leave after critical report

This undated photo obtained from the Department of Homeland Security shows former Acting Inspector General Charles Edwards. A Senate subcommittee says Edwards was too cozy with the political appointees of President Barack Obama whose activities he was supposed to oversee. A 27-page report from a Senate homeland security subcommittee says Charles Edwards improperly rewrote, delayed or classified reports to accommodate the department. It says he also asked for guidance from senior Homeland Security Department officials instead of his own staff. (AP Photo/Homeland Security) WASHINGTON (AP) — Homeland Security Secretary Jeh Johnson put his agency's former internal watchdog on leave within hours of the publication of a Senate report that concluded the employee was too cozy with senior agency officials and delayed or classified some critical reports to accommodate President Barack Obama's political appointees.


HK bankers add to calls for democracy from Beijing

HONG KONG (AP) — A group of Hong Kong finance industry professionals are pledging to join an Occupy-style movement to protest growing influence from Beijing that they say is undermining the Asian financial hub's economy.

Japan's Suga: Not sure if Japan, U.S. can agree on trade

Japan's top government spokesman said on Friday that he is not sure whether Japan and the United States can reach an agreement in bilateral trade talks needed to push forward with the Trans-Pacific Partnership pact, unless Japan's position is accepted. Chief Cabinet Secretary Yoshihide Suga also said at a news conference that there was no change to Japan's aim to reach an agreement on the regional free trade pact. Japan and the United States made progress in trade talks but failed to reach the deal they had hoped to seal at a bilateral summit during U.S. President Barack Obama's state visit to Japan this week.

Obama wraps up Japan visit but no trade deal

U.S. President Barack Obama waves from Air Force One as he departs Haneda International Airport in Tokyo By Linda Sieg and Matt Spetalnick TOKYO (Reuters) - U.S. President Barack Obama wrapped up a state visit to Japan on Friday during which he assured America's ally that Washington would come to its defense, but failed to clinch a trade deal key to both his "pivot" to Asia and Prime Minister Shinzo Abe's economic reforms. Obama and Prime Minister Shinzo Abe had been seeking to display the alliance was strong in the face of a rising China, but their success in putting recent strains behind them was partly marred by a failure to reach a deal seen as crucial to a broader regional trade pact. Obama and Abe had ordered their top aides to make a final push to reach a trade agreement after the leaders met on Thursday, but Economy Minister Akira Amari told reporters that gaps remained despite recent progress.


KPN sales fall; barely profitable in first quarter

AMSTERDAM (AP) — Royal KPN NV, the Dutch telecommunications company partly owned by Mexican billionaire Carlos Slim, nearly slumped to a first-quarter loss following a slide in its mobile services business and a shrinking market for business customers in the Netherlands.

KPN sales fall; barely profitable in first quarter

AMSTERDAM (AP) — Royal KPN NV, the Dutch telecommunications company partly owned by Mexican billionaire Carlos Slim, nearly slumped to a first-quarter loss following a slide in its mobile services business and a shrinking market for business customers in the Netherlands.

Empty spaces mark Korean school tribute for missing ferry victims

Family member of a victim onboard the capsized Sewol ferry, prays for the missing and dead passengers, at a port where many family members wait for news from the search and rescue team, in Jindo By Ju-min Park and James Pearson ANSAN, South Korea/SEOUL (Reuters) - A floral tribute to the children who drowned in a sinking South Korean ferry displays photographs of the victims in their school uniforms, while lines of empty spaces wait to be filled with photos once those still missing are confirmed dead. The pictures, flowers and spaces are banked up the entire wall of a gymnasium near Danwon High School in Ansan, on the outskirts of Seoul. What am I supposed to do?" The Sewol ferry, weighing almost 7,000 tons, sank on a routine trip from the port of Incheon, near Seoul, to the southern holiday island of Jeju. More than 300 people, most of them students and teachers from Danwon High School have died or are missing and presumed dead after the April 16 disaster.


Baltic states lead push to cut Russia gas reliance

This Jan. 26, 2014 photo provided by Hoegh LNG on Tuesday, April 22, 2014 shows Hoegh's gas vessel 'Independence' during her sea trial. Later this year, the giant ship will slide up to Lithuania’s Baltic port of Klaipeda. The 390-meter (1,300 foot) vessel is bigger than the largest aircraft carrier, but it’s not a warship. The floating natural gas terminal will play a key role in the Baltic region’s struggle to lessen its energy dependence on Russia. (AP Photo/Hoegh LNG) VILNIUS, Lithuania (AP) — Later this year, a ship the size of an aircraft carrier will arrive at Lithuania's port of Klaipeda on the Baltic Sea. The 300-meter (984-foot) vessel is not a warship, but a floating natural gas import terminal — aptly named "Independence" — that will be key to the Baltic region's plan to reduce its reliance on Russia's energy supplies.


Baltic states lead push to cut Russia gas reliance

This Jan. 26, 2014 photo provided by Hoegh LNG on Tuesday, April 22, 2014 shows Hoegh's gas vessel 'Independence' during her sea trial. Later this year, the giant ship will slide up to Lithuania’s Baltic port of Klaipeda. The 390-meter (1,300 foot) vessel is bigger than the largest aircraft carrier, but it’s not a warship. The floating natural gas terminal will play a key role in the Baltic region’s struggle to lessen its energy dependence on Russia. (AP Photo/Hoegh LNG) VILNIUS, Lithuania (AP) — Later this year, a ship the size of an aircraft carrier will arrive at Lithuania's port of Klaipeda on the Baltic Sea. The 300-meter (984-foot) vessel is not a warship, but a floating natural gas import terminal — aptly named "Independence" — that will be key to the Baltic region's plan to reduce its reliance on Russia's energy supplies.


Drunk passenger causes hijack alert on Australian flight to Bali

The pilot of a Virgin Australia plane flying from Brisbane to the Indonesian holiday island of Bali reported a hijacking attempt on Friday after a passenger tried to enter the cockpit, an Indonesian transport official said. A Virgin Australia Airlines official said there had not been an attempt to hijack the aircraft but a "flight emergency" after a drunk passenger had tried to enter the cockpit. An Indonesian air force spokesman said all passengers were unharmed and being taken off the aircraft at Denpasar, in Bali. Earlier, Indonesia's Metro TV had cited an Indonesian air force spokesman as saying the plane had been hijacked.

Collingwood overcomes big deficit to beat Essendon

MELBOURNE, Australia (AP) — Collingwood overcame a 37-point deficit by kicking 10 of 11 goals in the middle stages of the match and beat Essendon 12.11 (83) to 8.12 (60) on Friday.

All passengers on board Virgin Australia plane safe: Indonesian spokesman

JAKARTA (Reuters) - All passengers on board a Virgin Australia plane that landed in the Indonesian holiday island of Bali on Friday after a hijack alert were unharmed and being taken off the aircraft, an Indonesian air force spokesman said. The alarm was raised after a passenger tried to enter the cockpit of the flight from Brisbane to Bali, Indonesian officials said. The airline said that the passenger was drunk. (Reporting by Jakarta newsroom; Writing by Robert Birsel; Editing by Michael Urquhart)

S&P cuts Russia's credit rating

Secretary of State John Kerry speaks about the situation with Ukraine and Russia from the State Department in Washington, Thursday, April 24, 2014. Kerry is accusing Russia of failing to live up to commitments it made to ease the crisis in Ukraine. (AP Photo/Jacquelyn Martin) MOSCOW (AP) — The Standard & Poor's credit agency on Friday cut Russia's credit rating for the first time in more than five years, raising the financial stakes flowing from the crisis in Ukraine as tensions rise and the United States and its allies are contemplating further economic sanctions.


Obama visit to South Korea tinged by mourning

U.S. President Barack Obama is welcomed by South Korean President Park Geun-hye at the Blue House in Seoul, South Korea, Friday, April 25, 2014. Obama, continuing his four-nation Asia trip which began in Japan, is expected to underscore warnings against North Korean nuclear provocations, calls to lower tensions in regional territorial disputes, and words of condolence for the ferry disaster victims and the people of South Korea. (AP Photo/Charles Dharapak) SEOUL, South Korea (AP) — President Barack Obama is sitting down with South Korea's President Park Geun-hye, whose attention is unavoidably split between her economic agenda with Obama and the unfolding aftermath of a tragic ferry disaster.


Obama visit to South Korea tinged by mourning

U.S. President Barack Obama is welcomed by South Korean President Park Geun-hye at the Blue House in Seoul, South Korea, Friday, April 25, 2014. Obama, continuing his four-nation Asia trip which began in Japan, is expected to underscore warnings against North Korean nuclear provocations, calls to lower tensions in regional territorial disputes, and words of condolence for the ferry disaster victims and the people of South Korea. (AP Photo/Charles Dharapak) SEOUL, South Korea (AP) — President Barack Obama is sitting down with South Korea's President Park Geun-hye, whose attention is unavoidably split between her economic agenda with Obama and the unfolding aftermath of a tragic ferry disaster.


S.African mum due in London court on triple child murder charge

A police officers stands outside a house in New Malden, south London, on April 23, 2014 after three children were found dead at the house A South African woman is due in court on Friday charged with murdering her three severely disabled children at their home in London, police said. Tania Clarence, 42, will appear at Wimbledon Magistrates' Court accused of killing four-year-old Olivia Clarence and three-year-olds Ben and Max Clarence, Scotland Yard said. They were found dead at their home in New Malden, south west London, on Tuesday night. Tania Clarence was arrested after the bodies of the couple's three other children were found on Tuesday evening in the five-bedroomed family home.


Top Asian News at 8:00 a.m. GMT

SEOUL, South Korea (AP) — President Barack Obama is sitting down with South Korea's President Park Geun-hye, whose attention is unavoidably split between her economic agenda with Obama and the unfolding aftermath of a tragic ferry disaster. Obama was due at the Blue House, the South Korean equivalent of the White House, on Friday for a busy evening of meetings with Park, including a working dinner and a news conference. The visit is Obama's first to Seoul since Park became the key U.S. ally's first female president, but Park has been consumed for more than a week by the sunken ferry, a dark episode that keeps getting worse as divers discover more bodies.

Where will calorie labels appear? Not just menus

FILE - This march 8, 2010 file photo shows the sandwich board at a Panera store with the calorie count for each item, in Brookline, Mass. Diners could soon see calorie counts on menus of chain restaurants. But what about the roasted chicken sold at grocery stores, or the hot dogs convenience stores sell? Will movie theaters have to tell patrons the number of calories in a giant soda and bucket of popcorn? The food industry is closely watching the Food and Drug Administration to see which establishments are included in the final menu labeling rules, expected this year. (AP Photo/Charles Krupa, File) WASHINGTON (AP) — Diners could soon see calorie counts on the menus of chain restaurants.


Where will calorie labels appear? Not just menus

FILE - This march 8, 2010 file photo shows the sandwich board at a Panera store with the calorie count for each item, in Brookline, Mass. Diners could soon see calorie counts on menus of chain restaurants. But what about the roasted chicken sold at grocery stores, or the hot dogs convenience stores sell? Will movie theaters have to tell patrons the number of calories in a giant soda and bucket of popcorn? The food industry is closely watching the Food and Drug Administration to see which establishments are included in the final menu labeling rules, expected this year. (AP Photo/Charles Krupa, File) WASHINGTON (AP) — Diners could soon see calorie counts on the menus of chain restaurants.


Where will calorie labels appear? Not just menus

FILE - This march 8, 2010 file photo shows the sandwich board at a Panera store with the calorie count for each item, in Brookline, Mass. Diners could soon see calorie counts on menus of chain restaurants. But what about the roasted chicken sold at grocery stores, or the hot dogs convenience stores sell? Will movie theaters have to tell patrons the number of calories in a giant soda and bucket of popcorn? The food industry is closely watching the Food and Drug Administration to see which establishments are included in the final menu labeling rules, expected this year. (AP Photo/Charles Krupa, File) WASHINGTON (AP) — Diners could soon see calorie counts on the menus of chain restaurants.


Europe gives Electrolux a Q1 profit boost

STOCKHOLM (AP) — Swedish home appliance-maker Electrolux says the economic recovery in Europe helped the company's first-quarter net profit rise 19 percent to 431 million kronor ($66 million) from 361 million kronor.

Blues beat Waratahs 21-13 in Super Rugby

AUCKLAND, New Zealand (AP) — The Auckland-based Blues shrugged off one of the more troubled weeks in their history to beat the New South Wales Waratahs 21-13 in Super Rugby on Friday, keeping their slender playoffs hopes alive.

CORRECTED-Korea ferry accused get court-appointed lawyer

The captain and two crew of a South Korean ferry that sank last week have a state appointed attorney to represent them as they face charges of negligence relating to the deaths of hundreds of passengers. Captain Lee Joon-seok, 69, and two other crew members who abandoned ship have been arrested on negligence charges. Their actions have been called "tantamount to murder" by South Korean President Park Geun-hye as the emotionally charged investigation and recovery of hundreds of bodies - many of them children from a single school - continues. Four of the crew were paraded in front of Korean television cameras on Thursday and apologized for their actions in leaving the sinking vessel while passengers were still on board.

Drunk passenger causes hijack scare in Bali

JAKARTA, Indonesia (AP) — An airline official says a drunk passenger on a Virgin Australia flight who caused a hijack scare has been arrested for creating a disturbance after the plane landed on Indonesia's resort island of Bali.

Germany finds 265 pounds of cocaine among bananas

BERLIN (AP) — German police say they have seized 265 pounds (120 kilograms) of cocaine hidden among crates of bananas in a container shipped from Ecuador — their second big find of cocaine from South America this year.

Honda's profit doubles on weak yen, strong sales

A man walks past Honda models on display at Honda Motor Co. headquarters in Tokyo, Friday, April 25, 2014. Honda's profit for the fiscal fourth quarter zoomed to more than double the previous year's as the benefits of a weak yen added to strong sales. (AP Photo/Koji Sasahara) TOKYO (AP) — Honda said Friday that its profit for the fiscal fourth quarter zoomed to more than double the previous year's as the benefits of a weak yen added to strong sales, but momentum was forecast to ebb as the currency perk wears off.


Oil declines after rising on Ukraine crisis

BEIJING (AP) — The price of oil declined Friday after rising to near $102 per barrel on worries about tensions in Ukraine.

London shares open lower amid highjack anxiety

A man walks past the London Stock Exchange, in central London, on September 22, 2011 London shares opened lower on Friday as airlines fell amid reports of a highjacking in Indonesia, dealers said. A passenger plane landed at Bali airport on Friday after a suspected hijacking, an Indonesian air force spokesman said. "We got information that a 737-800 from Brisbane to Bali has been hijacked," spokesman Hadi Tjahjanto told MetroTV television station as news broke of the reported event. British Airways owner International Airlines fell 1.98 percent and budget carrier Easyjet shed 1.47 percent to 1,675 pence as traders marked down shares in the sector.


NBC taps Seth Meyers as next Emmys host

FILE - Seth Meyers attends the NBC Network 2013 Upfront at Radio City Music Hall, in this May 13, 2013 file photo taken in New York. NBC, home to Meyers in his long stint on “Saturday Night Live” and his new late-night talk show, announced late Thursday April 24, 2014 that he’ll host the 66th edition of the Emmys set to air on the network August 25. (Photo by Evan Agostini/Invision/AP, File) LOS ANGELES (AP) — Seth Meyers will take his late-night act to prime time as the next host of the Emmy Awards.


Sina suspends book site after pornography reported

BEIJING (AP) — Chinese web giant Sina.com temporarily closed its literature site Friday after reports it would lose two crucial publication licenses for hosting pornography.

Sina suspends book site after pornography reported

BEIJING (AP) — Chinese web giant Sina.com temporarily closed its literature site Friday after reports it would lose two crucial publication licenses for hosting pornography.

2 Malaysia kidnap victims now in Philippine jungle

MANILA, Philippines (AP) — Filipino officials say Muslim militants have brought a Chinese tourist and a Filipino hotel receptionist to their jungle stronghold in the southern Philippines after kidnapping the women from a dive resort in eastern Malaysia early this month.

Exclusive: Obama plans to call EU leaders in Russia sanctions push-sources

U.S. President Barack Obama addresses a news conference with Japanese Prime Minister Shinzo Abe at the Akasaka guesthouse in Tokyo By Arshad Mohammed WASHINGTON (Reuters) - U.S. President Barack Obama is expected to speak to several European leaders on Friday to try to nudge the EU toward fresh sanctions against Russia over Ukraine, sources familiar with the matter said. Disagreements among European Union nations on whether to impose new economic sanctions on Russia have held up punitive steps by the United States, said the sources on condition of anonymity, but Washington could also act on its own. U.S. officials have grown increasingly impatient with what they describe as Russia's failure to live up to its commitments in an April 17 agreement reached in Geneva to try to de-escalate the crisis in Ukraine.


Exclusive: Obama plans to call EU leaders in Russia sanctions push-sources

U.S. President Barack Obama addresses a news conference with Japanese Prime Minister Shinzo Abe at the Akasaka guesthouse in Tokyo By Arshad Mohammed WASHINGTON (Reuters) - U.S. President Barack Obama is expected to speak to several European leaders on Friday to try to nudge the EU toward fresh sanctions against Russia over Ukraine, sources familiar with the matter said. Disagreements among European Union nations on whether to impose new economic sanctions on Russia have held up punitive steps by the United States, said the sources on condition of anonymity, but Washington could also act on its own. U.S. officials have grown increasingly impatient with what they describe as Russia's failure to live up to its commitments in an April 17 agreement reached in Geneva to try to de-escalate the crisis in Ukraine.


Number of military suicides dropped last year

FILE - Col. Elspeth Ritchie, a doctor in the Office of the Army Surgeon General, discusses efforts to study and understand suicide among American soldiers in Iraq and Afghanistan, in this May 29, 2008 file photo, during a news conference at the Pentagon. The Pentagon plans to release a report Friday April 25, 2014on military suicides. But those numbers differ a bit from the totals provided by the services because of complicated accounting changes in how the department counts suicides by reservists. (AP Photo/J. Scott Applewhite, File) WASHINGTON (AP) — Suicides across the military dropped by more than 15 percent last year, but new detailed data reveals an increase in the number of Army National Guard and Reserve soldiers who took their own lives.


Number of military suicides dropped last year

FILE - Col. Elspeth Ritchie, a doctor in the Office of the Army Surgeon General, discusses efforts to study and understand suicide among American soldiers in Iraq and Afghanistan, in this May 29, 2008 file photo, during a news conference at the Pentagon. The Pentagon plans to release a report Friday April 25, 2014on military suicides. But those numbers differ a bit from the totals provided by the services because of complicated accounting changes in how the department counts suicides by reservists. (AP Photo/J. Scott Applewhite, File) WASHINGTON (AP) — Suicides across the military dropped by more than 15 percent last year, but new detailed data reveals an increase in the number of Army National Guard and Reserve soldiers who took their own lives.


Russia's Lavrov: Kiev will face justice for 'bloody crime' in eastern Ukraine

MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov on Friday denounced Kiev's security operation in eastern Ukraine as a "bloody crime" and said the interim government would face justice for staging a war against its own citizens. "They (Kiev) are waging a war on their own people. This is a bloody crime and those who pushed the army to do that will pay, I am sure, and will face justice," he told a meeting with young diplomats in Moscow. (Reporting by Gabriela Baczynska and Alexei Anishchuk; Editing by Christian Lowe)

40 years after revolution, Portugal is angry

In this picture shot April 22 2014, people protest rent hikes and evictions in social housing neighborhoods in Lisbon. Budget cuts have forced the closure of local health centers and reduced subsidies for prescription drugs. High schools have seen staff levels fall and the purchase of new equipment postponed. New laws have made it easier and cheaper to hire and fire workers. And the scrapping of rent controls has left many in danger of losing their homes. (AP Photo/Francisco Seco) LISBON, Portugal (AP) — Euphoria gripped Portugal during the 1974 Carnation Revolution, when junior army officers swept away a four-decade dictatorship. The almost bloodless coup brought what for the Portuguese were novelties — the right to vote, universal health care, public education, old-age pensions and labor rights.


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