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Japan PM delaying sales tax rise, fiscal reform on back burner

05/31/16 11:40 pm

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe told lawmakers on Wednesday that he has decided to delay a scheduled sales tax hike by two-and-a-half years, putting his plans for fiscal reforms on the back burner amid more weakness in the economy.

Exclusive: U.S.-backed Syria forces launch offensive for Manbij pocket - U.S. officials

05/31/16 11:26 pm

WASHINGTON (Reuters) - Thousands of U.S.-backed fighters in Syria are launching an offensive to capture from Islamic State a crucial swathe of northern Syria known as the Manbij pocket following weeks of quiet preparations, U.S. officials disclosed to Reuters.

Asia shares wobble as oil slip dampens sentiment, dollar stalls

05/31/16 10:32 pm

TOKYO (Reuters) - Asian stocks were on a weak footing on Wednesday as a slip in crude oil prices dampened investors' appetite for riskier assets, while the recently bullish dollar stalled against the euro and yen following a mixed bag of U.S. economic data.

Israel's settlement drive is becoming irreversible, diplomats fear

05/31/16 10:18 pm

MITZPE YERICHO, West Bank (Reuters) - In the hills east of Jerusalem, overlooking the Palestinian city of Jericho and the Jordan Valley, stands a religious Jewish settlement whose red-tile roofs, neat gardens and brightly colored playgrounds give the sense of permanence.

Fear for civilians as Islamic State halts Iraqi army at gates of Falluja

05/31/16 10:09 pm

CAMP TARIQ, Iraq (Reuters) - Islamic State fighters halted an Iraqi army assault on the city of Falluja with a counter-attack at its southern gates on Tuesday, while the United Nations warned of peril for civilians trapped in the city and used by militants as human shields.

Criminal charges possible in killing of Cincinnati gorilla

05/31/16 9:16 pm

CINCINNATI (Reuters) - The parents of a 3-year-old boy who fell into a gorilla enclosure in Cincinnati, prompting the killing of the endangered animal in order to rescue the child, are the target of an investigation into the incident, police said on Tuesday.

As Beijing flexes muscles in South China Sea, Malaysia eyes harder response

05/31/16 7:49 pm

MIRI, Malaysia (Reuters) - Spotting a large vessel off the coast of Sarawak state in March, officers on a Malaysian patrol boat were shocked when it steamed toward them at high speed, blaring its horn before veering off to reveal "Chinese Coast Guard" emblazoned on its side.

U.S. court rules $24.9 billion Dell buyout underpriced by 22 percent

05/31/16 7:30 pm

WILMINGTON, Del (Reuters) - Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc by about 22 percent and may have to pay tens of millions to investors who opposed the deal for the computer maker, a Delaware judge ruled on Tuesday.
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