Suddenly that $3 trillion of currency reserves looks like a bad idea. Make that very bad for China, as investors display an obvious preference for yen over dollars. That the IOUs of a debt-ridden, aging, politically adrift nation smarting from a huge earthquake and nuclear crisis seem safer than U.S. Treasuries says it all. Many investors still see China’s monster currency stash as a strength. The

CAIRO (AP) ― Egypt’s council of military rulers will not allow international monitors to observe upcoming parliamentary elections designed to move the country back toward civilian rule, a council member said Wednesday.The decision, which is part of a new election law approved by the country’s ruling generals, was swiftly criticized by activists who said it raises questions about the transparency o

LONDON (AP) ― Prime Minister David Cameron dragged his political foes into Britain’s phone-hacking scandal at a raucous session of Parliament, distancing himself from a former aide at the heart of the allegations and denying his staff tried to thwart police investigations.Cameron, who flew back from Africa early for Wednesday’s emergency session, defended his decision to hire former News of the Wo

 

Defending champ looks to capture first title of yearEVIAN-LES-BAINS, France (AP) ― Defending champion Shin Ji-yai is still looking for her best form and first title of the year entering the Evian Masters.Shin birdied the 18th hole to win in dramatic style last year, becoming the first South Korean to capture the event.The 23-year-old Shin maintains she will be confident when play starts Thursday.“

Two out of every 10 alcoholics here suffer diabetes, too, recent research suggests. A study by Prof. Kim Dae-jin of the Catholic University on 226 male alcoholics from April-November 2009, saw 20.4 percent diagnosed with diabetes. The portion is twice that of non-alcoholics, the team said. Another 30.2 percent were diagnosed with impaired glucose tolerance, which is perceived as a step before diab

The Korean Medicine Service Team Abroad, a group of young Oriental medical doctors, will be providing free medical examinations for children of multiethnic families through Sunday at the Seoul Character/Licensing Fair in Coex, Seoul. At the festival dedicated to children’s welfare and fun, the doctors will provide free examinations on atopic dermatitis, rhinitis and various allergic reactions. The

Ewha Womans University Medical Center earned accreditation from Joint Commission International on Monday. The hospital said it was tested on a total of 1,221 factors and passed. The JCI evaluation categories range from price to safety, hygiene, technology, facilities and more.The approval from the internationally acclaimed medical facility evaluation organization will allow the hospital to expand