World News
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Exclusive: Kim to reform North Korean economy after purge - source
BEIJING - Impoverished North Korea is gearing up to experiment with agricultural and economic reforms after young leader Kim Jong-un and his powerful uncle purged the country's top general for opposing change, a source with ties to both Pyongyang and Beijing said.
Recent World News
Mongolia coalition takes shape, fans fears of resource nationalism
ULAN BATOR - Mongolia's Democratic Party (DP), which failed to win enough seats in last month's elections to govern alone, has agreed to form a coalition with populist fringe parties in a move that could worry foreign investors, local media said.
U.S. says Iran ships using foreign flags to evade sanctions
WASHINGTON - The United States warned the maritime industry on Thursday that Iranian ships were still using other country's flags in an attempt to evade Western sanctions against the country.
U.S. Navy helicopter crashes in Oman, fate of crew unknown
WASHINGTON - A U.S. Navy helicopter crashed in Oman on Thursday and the fate of its five crew members was unknown, the U.S. military said, even as it ruled out hostile activity.
Analysis: Egyptian leader looks abroad to win influence at home
CAIRO - An early diplomatic offensive by Egypt's new Islamist president makes it harder for an army-led establishment to portray him on the international stage as a threat to foreign powers.
Shares, euro and oil dip, Spanish worries linger
LONDON - European shares edged away from four-month highs and the euro dipped on Friday with concern focused on Spain's fiscal position despite the expected approval of its bank bailout plan later in the day.
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