NEW YORK— Chrysler says it is recalling 651,000 Jeep and Dodge SUVs in the U.S. because vanity mirror lights that have undergone repairs can short circuit and start a fire if not reassembled correctly. The recall is for certain 2011 to 2014 Jeep Grand Cherokee and Dodge Durango models.» Read More
Malaysian opposition figure Anwar Ibrahim has been freed on police bail, his lawyers said , but Anwar could still be charged for sodomy at a later date. As a condition of the bail, Anwar has to report to police on Aug. 18 unless the authorities decide otherwise.
Democrat Barack Obama said Tuesday that the New Yorker magazine's satirical cover depicting him and his wife as flag-burning, fist-bumping radicals doesn't bother him but that it was an insult to Muslim Americans.
Malaysian opposition leader Anwar Ibrahim has been arrested by police, his lawyer said. Anwar had agreed to meet authorities later Wednesday on a sodomy complaint lodged by a former aide. Police had warned they would arrest him if he did not show up.
A massive algae bloom that threatened the Olympic Games sailing venue at the Chinese coastal resort of Qingdao has now almost been cleared, state media reported on Wednesday.
A key gauge of German investor sentiment slid to a record low in July, battered by concerns about the U.S. financial sector and fears of a lasting downturn for German manufacturers.
The Bank of Japan left interest rates on hold at 0.5% on Tuesday as expected but downgraded its growth forecasts, warning high energy costs are slowing the world's second largest economy.
Thai Prime Minister Samak Sundaravej is set to unveil a new package of tax cuts and cash handouts on Tuesday in a bid to revive a struggling economy and his government's flagging popularity.
Zhou Zhilian is one of thousands of entrepreneurs for whom the Olympic Games next month represent more a missed opportunity than a chance to cash in on the influx of visitors expected to pour into Beijing.
Malaysian police vowed to crack down on an opposition-led rally on Monday, seeking to subdue growing dissent, as opposition figure Anwar Ibrahim prepared to meet police over sodomy accusations against him.
One of China's biggest steelmakers, Shougang, has announced it will slash production at its Beijing plant, bowing to pressure to help clean the city's grimy skies for the Olympic Games.
China recorded a smaller-than-expected trade surplus of $21.35 billion in June, as slower growth in exports contributed to concerns that weakening demand overseas could be starting to hit the economy.
Malaysian Prime Minister Abdullah Ahmad Badawi will announce plans to retire in June 2010, a move aimed at ending months of political uncertainty that have unnerved investors, a news website said on Thursday.
South Korea's central bank kept rates on hold on Thursday as expected, with its battle against inflation now playing out in the currency market where the won jumped as much 1 percent on dollar-selling fears.
Japanese wholesale prices rose slightly more than expected in June from a year earlier to hit a fresh 27-year high on surging oil and commodity prices, adding gloom to firms facing dwindling profit margins.
Singapore's economy suffered its steepest decline in five years in the in the second quarter, down an annualized, seasonally adjusted rate of 6.6% -- much stronger than economists had expected.
Malaysian annual inflation in June probably exceeded 6.0 percent, the central bank chief said on Wednesday, breaching a mark not seen in 26 years and reinforcing expectations of an interest rate hike.
Japan's core machinery orders rose a faster-than-expected 10.4% in May, suggesting capital spending was holding up, but economists were cautious about the outlook as soaring costs hurt corporate bottom lines.
German industrial conglomerate Siemens plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.
South Korean President Lee Myung-bak sacked three ministers on Monday in his first cabinet reshuffle, trying to restore support for his four-month-old government embattled over an unpopular U.S. beef import deal.
South Korean authorities warned markets on Monday they would defend the won aggressively to rein in inflation, boosting the currency and reinforcing expectations the central bank will keep interest rates steady this week.