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CalPERS to divest stocks in companies doing business in Iran, Sudan

Responding to the impact of federal and international sanctions, the California Public Employees' Retirement System (CalPERS) today adopted a plan to divest shares of the remaining public companies operating in specific segments of the Iran and Sudan economies. New investments in these companies would be blocked as well.

Malaysia deal affects Gilliard’s poll ratings

A recent poll indicated that Prime Minister Julia Gillard’s ratings experienced decline as the federal government’s deal for asylum-seekers exchanges with Malaysia has taken its toll on Julia Gillard.

Guinness rejects ‘circumcision party in Marikina City

The Guinness World Book of Records has rejected the bid of a Philippine city to set a new world record for the most number of boys participating in a so-called "Tule (Circumcision) Party." Guinness said it cannot accept Marikina City's bid due to hygiene concerns.

Police arrests ‘Batman’

The police in Michigan has arrested a man hanging off the ledge of a 30ft building while dressed as 'Batman."

Attack in Guatemala farm kills 27

Authorities in Guatemala said that 27 people were killed with their heads decapitated on a northern farm on the Mexican border. Police believe the killings were drug related as drug gangs operate in the area.

Population strategy evicts housing policy

The Federal Government’s population strategy released today reveals housing policy has become the latest Government evictee, according to the Residential Development Council.

73 killed in Pakistan suicide bombing

At least 73 people were killed in twin bombings to hit a paramilitary force academy in north-west Pakistan Friday in what appears to be a retaliation to avenge the death of al Qaeda leader Osama bin Laden by U.S. security forces in Pakistan earlier this month.

Greens introduce amendment limiting CEO salaries

A new amendment to the executive bill restricting the salary of a CEO to only 30 times the average wage of a regular employee of the same company is being pushed by the Greens into the government.

7 sin cities of Asia

Asia is a vibrant economy with its cities bustling with activities. But the best Asian cities also offer some sins.

Study shows strict U.S. visa policy drives away tourists

The U.S. is losing hundreds of millions of dollars in prospective revenues and millions more in new jobs because of its strict visa policy that drives away millions of travelers. The burdensome visa program is hurting the U.S. travel industry, a study show.

10 people killed in 2 quakes to hit Spain

At least 10 people were killed and dozens more injured when two successive earthquakes hit southeast Spain on Wednesday. The quake also damaged buildings and destroyed vehicles, in what officials described as one of the strongest quakes to hit the country in 50 years and inflicting the highest number of deaths.

NZ Court Penalizes Qantas

A New Zealand court has ordered Australian airlines Qantas to pay fines worth NZ$6.5 million for fault of price fixing, records showed.

Chinese couples marry in cemetery

"Till death do us part."And to prove just that, two Chinese couple held their wedding inside a cemetery to declare their intention to be together until death.

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