World

China PMI survey shows growth reviving, but uneven

BEIJING,  (Reuters) – The pace of activity in China’s vast manufacturing sector quickened for the first time in 13 months in November, a survey of private factory managers found, adding to evidence that the economy is reviving after seven quarters of slowing growth.

Indian reforms face test with parliament vote

NEW DELHI,  (Reuters) – India’s stuttering economic reform programme faces a key parliamentary test this week on whether to let foreign supermarket chains such as Wal-Mart Stores set up shop, in a vote that could pave the way for further measures to revive the economy.

Timothy Geithner

US’s Geithner predicts Republicans will yield on taxes

WASHINGTON, (Reuters) – U.S. Treasury Secretary Timothy Geithner pushed Republicans yesterday to offer specific ideas to cut the deficit, and predicted that they would agree to raise tax rates on the rich to obtain a year-end deal and avoid possible economic doom.

N Korea plans new rocket launch as leader asserts power

SEOUL (Reuters) – North Korea said it would carry out its second rocket launch of 2012 as its youthful leader Kim Jong-un flexes his muscles a year after his father’s death, in a move that South Korea and the United States swiftly condemned as a provocation.

Reuters World News Highlights

JERUSALEM – Hours after the United Nations voted overwhelmingly to grant de-facto statehood to Palestine, Israel responded on Friday by announcing it was authorising 3,000 new settler homes in the West Bank and East Jerusalem.

Strauss-Kahn in preliminary civil case deal with maid

NEW YORK/PARIS,  (Reuters) – Former IMF chief Dominique Strauss-Kahn has reached a preliminary agreement with the hotel maid who accused him of sexual assault last year to settle a civil lawsuit she brought against him, sources familiar with the case said.

Palestinians celebrate as they take part in a rally in the West Bank city of Ramallah yesterday. REUTERS/Marko Djurica

Palestinians win de facto UN recognition of sovereign state

UNITED NATIONS, (Reuters) – The 193-nation U.N. General Assembly yesterday overwhelmingly approved the de facto recognition of the sovereign state of Palestine after Palestinian President Mahmoud Abbas called on the world body to issue its long overdue “birth certificate.”

China at the centre of global illegal timber trade, NGO says

SINGAPORE, (Reuters) – China’s insatiable appetite for timber is driving a growing illegal trade that is stripping forests in Africa and Asia and fuelling conflict, underscoring the urgency for Beijing to enact laws to crack down, an environment group said yesterday.

Colombia says no to UN ruling until rights are defended

BOGOTA,  (Reuters) – Colombia will not apply a U.N. court ruling that shifts some of its resource-rich waters to Nicaragua until the Andean nation is sure that “the rights of Colombians are well defended,” President Juan Manuel Santos said yesterday.

Today's Paper

The ePaper edition, on the Web & in stores for Android, iPhone & iPad.

Included free with your web subscription. Learn more.