World’s largest ship fuel supplier goes bankrupt

COPENHAGEN, Denmark — Danish company OW Bunker, the world’s largest ship fuel supplier, has declared bankruptcy and reported two employees at its Singapore subsidiary to the...

EU lauds PH for post-Haiyan ‘quick transition’ to recovery

One year after Supertyphoon Haiyan (Philippine codename, Yolanda) devastated communities in central Philippines, the European Union (EU) has lauded the country for its quick turnaround from...

China pledges $40 billion for new ‘Silk Road’

BEIJING — Chinese President Xi Jinping is promising $40 billion to help Asian nations improve trade links in a new effort to assert Beijing’s ambitions as...

Why many aren’t celebrating low US unemployment

WASHINGTON — The unemployment rate no longer seems to reflect America’s mood. Friday’s strong jobs report showed that the jobless rate – the most closely watched...

Nissan recalls 52,000 vehicles for faulty airbags

NEW YORK — Nissan announced Saturday that it is recalling more than 52,000 vehicles for passenger air bags that can explode with too much force and...

Queen Elizabeth II leads UK memorial ceremony

LONDON — Queen Elizabeth II on Sunday led the national ceremony honoring British armed forces members who have died in action. The solemn Remembrance Sunday event...

Asia trip tests Obama’s postelection global clout

WASHINGTON — His influence at home fading, President Barack Obama is looking abroad to China, the opening stop of a three-country trip that will test his...

Last 2 US captives in North Korea return home

JOINT BASE LEWIS-McCHORD, Wash. — The last two Americans being held captive by North Korea have returned home. Kenneth Bae and Matthew Miller landed Saturday night...

President Aquino arrives in Beijing for the 22nd APEC Leaders’ Summit

Canada becomes first country in Americas to obtain Chinese currency hub designation

BEIJING — Canada and China have signed a reciprocal currency deal that’s expected to dramatically boost exports. The hub will foster far easier trade between the...