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Friday, April 25, 2014
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Baltic states lead push to cut Russia gas reliance
VILNIUS, Lithuania (AP) -- Later this year, a ship the size of an aircraft carrier will arrive at Lithuania's port of Klaipeda on the Baltic Sea. The 300-meter (984-foot) vessel is not a warship, but a floating natural gas import terminal - aptly named "Independence" - that will be key to the Baltic region's plan to reduce its reliance on Russia's energy supplies.... 4/25/2014 4:11 AM

S&P cuts Russia's credit rating
MOSCOW (AP) -- The Standard & Poor's credit agency on Friday cut Russia's credit rating for the first time in more than five years, raising the financial stakes flowing from the crisis in Ukraine as tensions rise and the United States and its allies are contemplating further economic sanctions.... 4/25/2014 4:02 AM

Obama visit to South Korea tinged by mourning
SEOUL, South Korea (AP) -- President Barack Obama is sitting down with South Korea's President Park Geun-hye, whose attention is unavoidably split between her economic agenda with Obama and the unfolding aftermath of a tragic ferry disaster.... 4/25/2014 4:02 AM

Europe gives Electrolux a Q1 profit boost
STOCKHOLM (AP) -- Swedish home appliance-maker Electrolux says the economic recovery in Europe helped the company's first-quarter net profit rise 19 percent to 431 million kronor ($66 million) from 361 million kronor.... 4/25/2014 3:59 AM

Drunk passenger causes hijack scare in Bali
JAKARTA, Indonesia (AP) -- An airline official says a drunk passenger on a Virgin Australia flight who caused a hijack scare has been arrested for creating a disturbance after the plane landed on Indonesia's resort island of Bali.... 4/25/2014 3:56 AM

Germany finds 265 pounds of cocaine among bananas
BERLIN (AP) -- German police say they have seized 265 pounds (120 kilograms) of cocaine hidden among crates of bananas in a container shipped from Ecuador - their second big find of cocaine from South America this year.... 4/25/2014 3:55 AM

Honda's profit doubles on weak yen, strong sales
TOKYO (AP) -- Honda said Friday that its profit for the fiscal fourth quarter zoomed to more than double the previous year's as the benefits of a weak yen added to strong sales, but momentum was forecast to ebb as the currency perk wears off.... 4/25/2014 3:54 AM


JAKARTA, Indonesia (AP) -- Virgin Australia official says drunk passenger caused hijack scare in Indonesia.... 4/25/2014 3:53 AM

2 Malaysia kidnap victims now in Philippine jungle
MANILA, Philippines (AP) -- Filipino officials say Muslim militants have brought a Chinese tourist and a Filipino hotel receptionist to their jungle stronghold in the southern Philippines after kidnapping the women from a dive resort in eastern Malaysia early this month.... 4/25/2014 3:48 AM

Sina suspends book site after pornography reported
BEIJING (AP) -- Chinese web giant Sina.com temporarily closed its literature site Friday after reports it would lose two crucial publication licenses for hosting pornography.... 4/25/2014 3:47 AM

40 years after revolution, Portugal is angry
LISBON, Portugal (AP) -- Euphoria gripped Portugal during the 1974 Carnation Revolution, when junior army officers swept away a four-decade dictatorship. The almost bloodless coup brought what for the Portuguese were novelties - the right to vote, universal health care, public education, old-age pensions and labor rights.... 4/25/2014 3:38 AM

Bangkok grenade attacks hit Thai newspaper, court
BANGKOK (AP) -- Grenades hit the headquarters of a Thai newspaper and a court in Thailand's capital, police said Friday, as political tensions heat up ahead of a crucial court ruling over the fate of the prime minister. No one was hurt in the attacks.... 4/25/2014 3:23 AM

AP Exclusive: Foreign food aid drying up in NKorea
PYONGYANG, North Korea (AP) -- A funding crunch for aid to North Korea has become so severe 500,000 rural schoolchildren are as of this month no longer receiving assistance and aid to millions more could soon dry up, according to a report obtained by The Associated Press. The report underscores the flight of international donors to countries with less political baggage and more willingness to let aid workers do their jobs.... 4/25/2014 3:12 AM

Egypt tries to save money on wheat subsidies
CAIRO (AP) -- Egypt will try to save half the money it spends on wheat subsidies by issuing a new smart card system to ensure that the cheap bread goes to only the neediest.... 4/25/2014 3:04 AM

Baidu profit up 24.1 percent on strong ad revenue
BEIJING (AP) -- Baidu Inc., operator of China's most popular Internet search engine, said Friday its quarterly profit jumped 24.1 percent over a year earlier as its mobile business grew.... 4/25/2014 3:03 AM

HK bankers add to calls for democracy from Beijing
HONG KONG (AP) -- A group of Hong Kong finance industry professionals are pledging to join an Occupy-style movement to protest growing influence from Beijing that they say is undermining the Asian financial hub's economy.... 4/25/2014 3:00 AM

Death toll rises to 9 after voting in India
SRINAGAR, India (AP) -- The death toll from violence during a major day of voting in the world's biggest election rose to nine Friday, according to police, who say suspected rebels killed five paramilitary soldiers and four polling officials who were traveling on buses after conducting balloting in two Indian states.... 4/25/2014 2:28 AM

Analysis: Beyond Kerry, seeking new Mideast ideas
JERUSALEM (AP) -- Nine months of U.S.-driven diplomacy have left Israelis and Palestinians less hopeful than ever about a comprehensive peace agreement to end their century of conflict. Although a formula may yet be found to somehow prolong the talks past an end-of-April deadline, they are on the brink of collapse and the search is already on for new ideas.... 4/25/2014 2:24 AM

Britain's young royal family end Australian tour
CANBERRA, Australia (AP) -- Britain's Prince William and his wife, Kate, ended their 10-day tour of Australia on Friday with veterans' day commemorations in the national capital.... 4/25/2014 2:12 AM

NKorea denies drones were sent to South
TOKYO (AP) -- North Korea on Friday denied accusations from Seoul that it sent small, unarmed drone aircraft over the border recently. Three of the drones crashed and were analyzed by the South, which said they came from North Korea.... 4/25/2014 2:05 AM