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Thousands of protesters from across Japan marched Saturday in central Tokyo to protest the U.S. military presence on Okinawa, while a Cabinet minister said she would fight to move a Marine base Washington considers crucial out of the country. Some 47,000 U.S….

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TokyoJapanUnited StatesUnited States armed forcesOkinawa Prefecture

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Protest held in Tokyo against US military presence

German Economy Minister Rainer Bruederle ruled out a rescue for Greece, as officials in Athens struggle to tame the euro area’s biggest budget deficit.

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Germany’s Bruederle Rules Out European Rescue for Greece

People’s Bank of China Deputy Governor Zhu Min said officials will keep their current policies in place as they monitor inflation expectations in the economy.

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Zhu Says China to Keep ‘Accommodative’ Policies in Place

People’s Bank of China Deputy Governor Zhu Min signaled officials have no immediate plans to change their currency or monetary policies.

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Zhu Signals China to Keep Currency, Monetary Policies in Place

PSA Peugeot Citroen, Europe’s second-largest carmaker, will recall some versions of two models because the cars may share a production flaw that prompted Toyota Motor Corp. to recall millions of vehicles. The recall for a possible accelerator-pedal defect affects about 10 percent of Peugeot 107 and Citroen C1 models, or less than 100,000 cars, spokesman Jean-Marc Sarret said in a telephone interview today.

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PSA Peugeot Citroen to Recall Some Models on Accelerator Flaw

President Barack Obama said Saturday that trimming budget deficits is as important as creating jobs, his top domestic priority this year, to continue the economic recovery that appears under way. The government reported Friday the economy grew at an annual…

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Obama: Cutting deficit as important as job growth

President Barack Obama said reducing the federal budget deficit is “critical” to ensuring future growth as the U.S. economy recovers from the recession.

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Obama Says Cutting U.S. Budget Deficit ‘Critical’ for Economy

China halted planned military exchanges with the U.S. military and warned of a “serious negative impact,” after a Pentagon plan to sell weapons worth $6.4 billion to Taiwan moved closer.

Credit:
China Suspends U.S. Military Ties on Taiwan Arms Sale (Update1)

A suicide attacker targeted a police checkpoint in northwestern Pakistan on Saturday, killing at least seven civilians and two officers, a government official said. Bakhat Pacha said 10 people were also wounded in the attack in Khar, the main town in the…

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9 die in suicide bombing in northwest Pakistan

ZURICH (Reuters) – No successor has yet been lined up to follow UBS chief executive Oswald Gruebel, the chairman of the Swiss bank’s executive board was quoted as saying in a newspaper interview on Saturday.

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UBS board has no one lined up to succeed CEO

Policy makers and bankers called a truce after a week of mutual recrimination at the World Economic Forum annual meeting, saying they found common ground on the need for global financial regulations.

Source:
Banks, Officials Find ‘Common Ground’ in Davos, Ackermann Says

Chinese state media says the defense ministry is suspending military exchanges with the United States over its planned $6.4 billion arms sale to neighboring Taiwan. The state-run Xinhua News Agency says the suspension of the scheduled visits by military…

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China suspends military exchanges with US

The United States is planning to sell $6.4 billion in arms to Taiwan, a move that will infuriate China and test whether President Barack Obama’s efforts to improve trust with Beijing will carry the countries through a tense time. The notification to Congress,…

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US announces $6.4 billion in arms sales to Taiwan

DAVOS, Switzerland (Reuters) – Trade ministers were skeptical on Saturday about the prospects of concluding stalled global trade liberalization talks this year, with some blaming the United States for foot-dragging.

Source:
Trade ministers downbeat on WTO prospects

Vivendi SA, the Paris-based owner of the world’s largest music company, acted recklessly and inflated its shares, a jury ruled in finding that the company misled investors 57 times from 2000 to 2002.

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Vivendi Found Liable on All 57 Counts in Investors’ Class Suit