Chinese president to launch economic corridor link in Pakistan

ISLAMABAD (Reuters) - Chinese president Xi Jinping is due in Pakistan on Monday where he will launch $46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan and underscores China's projection of power in Asia.

from

Hundreds drown off Libya, EU leaders forced to reconsider migrant crisis

PALERMO, Italy (Reuters) - As many as 700 migrants were feared dead on Sunday after their boat capsized in the Mediterranean, raising pressure on Europe to face down anti-immigrant bias and find money for support as turmoil in Libya and the Middle East worsens the crisis.

from

European shares up after China stimulus fails to lift Asia

LONDON (Reuters) - Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default.

from

Sony unveils new Xperia phone even as it retrenches in mobile

TOKYO (Reuters) - Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still in the smartphone race even as it scales down its struggling mobile operations.

from

FBI arrests six in Minnesota, California terrorism investigation: reports

SAN DIEGO (Reuters) - FBI agents have arrested six people in Minnesota and California in connection with a terrorism investigation, media in Minnesota reported on Monday.

from

Millionaire businessman wins Finland vote, euroskeptics take second place

HELSINKI (Reuters) - A millionaire former telecoms executive touted as a technocrat capable of rescuing Finland from economic slump won Sunday's parliamentary election, but he will likely need coalition support from a second-placed euroskeptic party critical of any more Greek bailouts.

from

Strong quake hits Japan, Taiwan; tsunami warning lifted

TOKYO/TAIPEI (Reuters) - A strong earthquake rattled Taiwan and small islands in the far south of Japan on Monday, official monitoring sites said, briefly prompting a warning for a 1-metre tsunami for the Okinawa island chain.

from

China, Japan stocks up as Beijing steps up stimulus

TOKYO (Reuters) - Stock markets in China and Japan rose on Monday after Beijing's latest stimulus to shore up the world's second-largest economy underpinned sentiment and helped limit losses across the rest of Asia.

from