Thursday June 20, 2013
Business News
Prosecutors raid South Korea's nuclear operator as probe widens into fabricated test results
SEOUL, South Korea - South Korea's sole nuclear power plant operator said Thursday that investigators raided its offices, a sign that a probe into faulty nuclear plant cables is widening....
Myanmar says ILO decision to lift restrictions will boost trade, foreign investment
YANGON, Myanmar - Myanmar hopes a decision by the International Labor Organization to lift all remaining restrictions on the formerly isolated nation will help accelerate trade and foreign investment....
Asian stock markets fall after Ben Bernanke says Fed could scale back its bond purchases
MANILA, Philippines - Asian stock markets plummeted Thursday after the U.S. Federal Reserve said it could start scaling back its huge economic stimulus program later this year....
House votes to delay food safety rules, cut food stamps by $2B a year as part of farm bill
WASHINGTON - The House voted late Wednesday to delay sweeping food safety rules that would require farmers and food companies to be more vigilant about guarding against contamination....
Sony chief says time needed to study proposal from US hedge fund, promises investors revival
TOKYO - Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday....
Megaupload founder Kim Dotcom 'in tears' after European firm deletes files from shuttered site
WELLINGTON, New Zealand - Megaupload founder Kim Dotcom said Thursday he was "in tears" after a European company deleted all the data it was hosting from his shuttered file-sharing site....
