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Nepal Ends Political Deadlock, Elects Koirala As New PM

Nepal's parliament picked a social democrat as its new prime minister on Monday after a last-minute power sharing deal ended a deadlock that had lasted more than two months after an election. Sushil Koirala, the head of the centrist Nepali...

Asia Shares Mostly Higher, Plenty Of Risk Ahead

Most Asian markets made guarded gains on Monday, encouraged that Wall Street was able to weather a seemingly disappointing U.S. jobs report, though there was more than enough event risk ahead to keep investors cautious. Crucially, the new head of...

Nissan Posts Steepest Quarterly Profit Gain In Three Years

Japan's Nissan Motor Co (7201.T) beat analyst estimates by reporting its steepest quarterly profit gain in three years as a weaker yen made its export business more profitable and as sales improved in China, its biggest market. Nissan, like compatriots...

Chrysler Group Repays $5bln Debt To VEBA Trust

Fiat Chrysler (FIA.MI) said on Monday that its Chrysler Group unit closed a deal to raise debt worth $5 billion to repay early an existing bond issued to healthcare trust VEBA. Fiat reiterated that the refinancing would reduce debt-servicing costs...

Toyota To Stop Making Cars In Australia From 2017

Toyota Motor Corp (7203.T) said on Monday it would stop making cars and engines in Australia by the end of 2017, marking the end of an era for a once-vibrant auto production base and the loss of thousands of...

Chastened HTC Turns To Cheaper Smartphones In Search For Profit

Smarting from growing losses, Taiwanese phone maker HTC Corp says it will expand its range of cheaper products as it fixes off-target marketing for its premium smartphones. The company that has long prided itself as a purveyor of upscale, feature-loaded...

Osun Agog As Omisore Flags Off Governorship Campaign

SAN FRANCISCO, February 09, (THEWILL) – Senator Iyiola Omisore on Saturday at Freedom Park, Oshogbo, Osun State capital flagged off his campaign to contest the state’s governorship election under the platform of the Peoples Democratic Party, PDP. Omisore, who spoke...

OPINION: WE ARE THE GOVERNMENT

When I wrote an article titled Failed Government or Failing Citizens in January 2013, I expected a reverberation of mixed comments. I was not disappointed. In that piece, I attempted to challenge the belief system that makes us channel...

OPINION: MUJAHID ASARI DOKUBO IS A BIG FAT IDIOT AND A LIAR

Despicable rhetoric and the phony arrest of outlawed leader of Niger Delta People’s Volunteer Force (NDPVF) Mujahid Asari Dokubo made headlines this past two weeks. But one would have to be a retarded monkey to take his endless histrionics...

OPINION: A MESSENGER OF PEACE AND SOLIDARITY GOES TO SAHEL

For his four-country trip to the Sahel in November, UN Secretary-General Ban Ki-moon adopted as his motto an African saying: “One hand cannot tie a bundle.” His guests agreed. On a breezy Monday night last November, UN Secretary-General Ban Ki-moon...

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