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December 26, 2011 Afternoon Update |
TOP NEWSNew North Korean Leader Ascends to Head of PartyBy CHOE SANG-HUNKim Jong-un met on Monday with a private delegation of South Koreans, his first encounter with visitors from the outside world since assuming the top spot. In Blow to Government, Sadr Followers Call for New ElectionsBy MICHAEL S. SCHMIDT and JACK HEALYSadrists called on Monday to dissolve the Iraqi Parliament and to hold early elections, a potentially fatal blow to a power-sharing government that has teetered on collapse. As Reports of Deaths Mount, Syria Observers Urged Toward HomsBy KAREEM FAHIMAt least 20 people were killed in fighting in the rebellious Syrian city of Homs on Monday, as human rights activists urged Arab League observers to visit the city. China and Japan Agree to New Currency DealingsBy EDWARD WONGChina and Japan have agreed to start direct trading of their currencies, a move among several that emerged from Japan's prime minister's visit to China on Monday. Israel Risks New Turkish Ire with Recognition of Armenian GenocideBy ETHAN BRONNERThe Israeli parliament on Monday held its first public debate on whether to commemorate the Turkish genocide of Armenians a century ago, a politically fraught topic. |
U.S.Opinion |
BUSINESSU.S. Firms See Opportunities in Europe's WoesBy NELSON D. SCHWARTZEuropean regulators have ordered banks to raise capital and shrink their balance sheets, leading to the sale of assets to American businesses and financial firms. Sony Sells Stake in LCD Panel Joint VentureBy HIROKO TABUCHIIn a bid to streamline its money-losing television business, the Japanese technology giant is turning over production capacity to its South Korean partner, Samsung. China and Japan Strengthen Finance TiesBy THE ASSOCIATED PRESSChinese and Japanese leaders have unveiled initiatives to tighten financial links between East Asia's economic giants - measures that could expand use of China's tightly controlled currency abroad. Hackers Breach the Web Site of Stratfor Global IntelligenceBy NICOLE PERLROTHIn a sinister Christmas message, the Anonymous hacking collective penetrated the site of Stratfor and began sending donations from people in its database to diverse charities. A Dispute Over Who Owns a Twitter Account Goes to CourtBy JOHN BIGGSA lawsuit filed this summer could answer the growing question of whether a company can claim ownership of an employee's social media account. |
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