Taiwanese President Ma Ying-jeou and Premier Wu Den-yih praised the decision this week by an international court of arbitration to force French defence group Thales to pay Taiwan more than 591 million US dollars as a sanction for the payment of commissions in the purchase of Lafayette frigates from France.
China's stocks fell on Tuesday sending the benchmark index to the lowest in seven months, on concern ordering banks to set aside more reserves won't be enough to avert asset bubbles in the world's third-largest economy.
Two Royal Navy nuclear submarines were allowed to sea with a safety defect putting the vessels at “serious” potential risk, it was revealed.
The European Central Bank (ECB) has moved to shore up the €110 billion EU/IMF rescue of Greece by offsetting the impact of the “junk” rating on the country’s debt.
Germany's cabinet has approved its contribution to the Eurozone and IMF bailout of Greece. The German parliament is set to pass the legislation later this week to allow its loan—worth 22.4 billion Euros over three years—to be paid.
A new global access to information initiative launched Monday to mark World Press Freedom Day, will test how easy (or not) it is to obtain information from 30 governments on their anti-corruption efforts.
There are 40 names on this year’s list of Predators of Press Freedom—40 politicians, government officials, religious leaders, militias and criminal organizations—that cannot stand the press, treat it as an enemy and directly attack journalists. They are powerful, dangerous, violent and above the law.
Five former Royal Malaysia Air Force (RMAF) officers, including a brigadier-general, are suing the Armed Forces Council for wrongful dismissal. They are claiming that they had been wrongfully dismissed after an inquiry held over the two missing RMAF F5E fighter jet engines that were later located in a Uruguayan warehouse, apparently the property of an Argentine company.
Airlines may not have seen the last of the ash cloud crisis, experts said on Sunday. The impact of ash on aircraft air-conditioning systems could be serious, warned aviation lecturer Stephen Wright of Leeds University.
Five more nations have signed the FAO-brokered treaty that once it enters into force will deny access to fishing ports to ships involved in illegal fishing. The new signatories include: Australia (27/04/2010), Gabon (26/04/2010), Peru (3/03/2010), New Zealand (15/12/2009) and the Russian Federation (29/04/2010).