LONDON (AP) — Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares. Read more here: British inflation eases by more than expected
BEIJING (AP) — The owner of a Chinese fishing boat seized for more than two weeks by armed North Koreans says the captors wore military uniforms, and that they beat up the boat’s captain and stole its fuel. Read more here: Owner: Chinese boat's captain beaten by NKoreans
BAGHDAD (AP) — Officials say new attacks in Iraq have killed seven people and wounded dozens. Read more here: Officials: More attacks in Iraq; 7 killed
BEIJING (Reuters) – North Korea released a Chinese fishing boat on Tuesday more than two weeks after it was detained in waters between the countries, as China demanded an explanation for the incident that has been a new irritant in ties between the often uneasy allies. Chinese counselor to North Korea Jiang Yaxian had told state media earlier that North Korea had “grabbed” the private vessel from off the northern Chinese city of Dalian in waters between China and the Korean peninsula. … Read more here: North Korea releases detained Chinese fishing boat
BEIJING (AP) — A Chinese boat and 16 fishermen seized for ransom by armed North Koreans more than two weeks ago were released Tuesday, easing the latest irritant in relations between the neighboring allies. Read more here: Chinese fishing boat, crew released by North Korea
LONDON (AP) — The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract. Read more here: Head of embattled G4S security force retires
By Nishant Kumar HONG KONG (Reuters) – The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed. The annual survey by industry tracker AsiaHedge, released this week, found that Goldman Sachs remains Asia's top prime broker with 179 clients and total assets under management of $24.6 billion. Credit Suisse overtook Morgan Stanley by adding 14 new clients and $2.4 billion in assets over the last year, a first for any prime broker in Asia, the survey showed. … Read more here: Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker
BERLIN (AP) — Justin Bieber's pet monkey is set to become the property of Germany. Read more here: Justin Bieber's monkey to become German property
WASHINGTON (AP) — Lawmakers are getting their first chance to question the former head of the Internal Revenue Service, the man who ran the agency when agents were improperly targeting tea party groups. Read more here: Former IRS commissioner heads to Hill amid scandal
MOSCOW (Reuters) – Russian security forces killed two suspected militants in the North Caucasus during a night-time sweep in the region plagued by an Islamist insurgency, investigators said on Tuesday. A spokesman for local investigators said the men were killed in a gunbattle with officers after refusing to surrender during a raid on a house in a suburb of the capital of Ingushetia, a region to the west of Chechnya. The wife and child of one of them left the house before the firefight, he told Reuters by telephone. … Read more here: Russia says two rebels killed in North Caucasus
