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News Feed Latest worldwide news How Asia's low-cost airlines work Budget airlines are carrying a heavy load in Asia's travel industry. Why low-cost carriers mean the world to Asia. Seoul shares seen higher on upbeat S.Korea, China data SEOUL, Sept 2 (Reuters) - Seoul shares are set to rise on Monday on the back of better-than-expected August exports and after China's upbeat factory activity data raised hopes for a continued global economic recovery. South Korea's overseas shipments last month rose 7.7 percent from a year ago, the strongest growth since January, while China's official purchasing managers' index for August rose to a 16-month high. However, Wall Street shares fell on Friday to mark their steepest declin HTC execs detained over leaked trade secrets; shares tumble TAIPEI (Reuters) - Three HTC Corp design executives were arrested on suspicion of leaking trade secrets, sending the Taiwanese smartphone maker's shares tumbling on Monday as its troubles deepened amid a wave of senior staff departures and disappointing sales. Breakingviews Not the end of Vodafones deal-making Sept. 2 - After 20 years of aggressive MA, Vodafone is selling its $130bln stake in Verizon Wireless. But Breakingviews says there are more deals to come. Riders flock to Milwaukee for Harley-Davidson's 110th anniversary MILWAUKEE (Reuters) - Tens of thousands of motorcycle enthusiasts have roared into Milwaukee to celebrate the 110th anniversary of Harley-Davidson Co, but few traveled as far as Chai Chua. The multi-billion-dollar fight for national sovereignty - Felix TV Elliott vs. Argentina is one of those court cases so important and complex that only a Power Ranger, Transformers, Legos and wooden trains can possibly do it justice. (November 30, 2012) Fantasy Football When to Take a Chance on Injury-Prone Players The following players have become known for their injury-riddled past. Some are still worth taking, depending on where you take them. Update Tour Iran? Operators Hope So Irans new president is promoting international tourism as part of his plan to fix the countrys economy, but United States officials continue to warn against travel there. One Direction star signs pro deal One Direction have already taken the music world by storm and now Louis Tomlinson is hoping to become a star in the football world. Football Bayern win Super Cup thriller Bayern Munich beat Chelsea on 5-4 penalties to win a pulsating UEFA Super Cup showdown in Prague Friday after equalizing with the last kick of extra time. UPDATE 2-For Verizon advisers, patience pays off with huge payday NEW YORK, Sept 2 (Reuters) - It has been a 10-year-long wait for bankers advising Verizon Communications Inc on its $130 billion deal to take complete control of Verizon Wireless, but their patience will yield both handsome fees and bragging rights. Meet the Rules of the Internet Hello! Welcome to the Internet. It's a big place, so let me show you around. NEWSMAKER Liberia will reform land ownership law, education Liberian President Ellen Johnson Sirleaf says the audit of her country's government has not dampened growth momentum, and feels further reforms will be implemented in land laws and in education Human-powered helicopter flies into aviation history July 11 - A team from Toronto has won the long-coveted Sikorsky prize by using human power alone to fly an aircraft. The team, called AreroVelo Inc., achieved the feat on June 13, securing a $250,000 prize that has been on offer for 33 years, but never before awarded. Rob Muir reports. Hello Kitty planes head to the U.S. Just when you thought the multibillion-dollar marketing phenomenon that is Hello Kitty might have colonized every corner of the merchandizing universe in Asia and possibly reached its natural limits, we learn that planes branded with the cartoon cat are to fly to the West. Bo Xilai trial by social media One of the most dramatic developments from the trial of disgraced senior politician Bo Xilai isn't what was said in court, but that the arguments were revealed at all. North Korea executes leader's ex Aug. 29 The ex-girlfriend of North Korean leader Kim Jong-un was among several performers put to death on pornography allegations, a South Korean newspaper reports. Lindsey Parietti reports. Facebook peer groups may be useful for HIV education NEW YORK (Reuters Health) - Groups on the popular networking site Facebook may help educate men about HIV prevention and testing, a new study suggests. Chevrolets Cheap Minicar, the Spark, Is a Surprisingly Strong Seller The four-door Spark, made in South Korea and sold in the United States since last year, starts at $12,170 and gets about 35 miles to the gallon. High def video gaming on the Chromebook Pixel Thank you Steam! While the Chrome browser takes full advantage of the Chromebook Pixel's hardware, I thought it would interesting to see how video gaming works on the device. Quite well, with just a few small issues, it turns out. Real Madrid doesn't do austerity While recession-hit Spain continues to wrestle with the financial crisis, football giants Real Madrid has spent big again by making Gareth Bale one of the most expensive football players. Hantuchova breaks long drought at U.S. Open NEW YORK (Reuters) - Slovakia's Daniela Hantuchova advanced to the quarter-finals of the U.S. Open for the first time in more than a decade when she won her rain-interrupted match with American wildcard Alison Riske on Monday. No EU boost for bankrupt Romania town Sept 2 - The tiny Romania town of Aninoasa has become the country's first to file for insolvency after crippling debt and the government's decision to close its coal mine, the town's sole employer six years ago has left the town fighting for survival. Hayley Platt reports. Marijuana The Uruguayan model Views on marijuana are shifting, but nearly everywhere, it is too early to talk about substantive changes to drug policies. On the Runway Blog Heroin Chic Beauty for the Office? Lloyd Simmonds, creative director of Yves Saint Laurent Makeup, explains how professional women can interpret falls grungy beauty look. Pittsburghs Stirring Leap From the Abyss After 20 consecutive losing seasons, a record for futility in the major American professional sports, the Pittsburgh Pirates are poised to make the playoffs. UPDATE 2-Libya imports fuel to keep the power on TRIPOLI, Sept 2 (Reuters) - Libya is importing diesel and fuel oil to fend off increasing power cuts, as queues of drivers grow at the pumps and daily life grows harder in the face of political crisis. Logistics behind 'floating city' Isa Soares ventures below deck to see the operation behind the scenes at the Royal Princess cruise ship. U.S. Open Fans Affected by Coverage Blackout Have Options The CBS blackout on Time Warner Cable continues, but fans can still watch the matches online or on the CBS Sports Network cable channel, which is not subject to the blackout. Colabello's Slam Gives Twins 10-6 Win Over Astros Rookie Chris Colabello homered twice, including a tiebreaking grand slam in the ninth inning, to lift the Minnesota Twins to a 10-6 win over the Houston Astros on Monday. Saudi Arabia Promises to Aid Egypts Regime As Europeans and the United States considered cutting cash aid to Egypt, Saudi Arabia said that it and its allies would make up any reduction and vowed continued support. Verizon not planning to enter Canadian market - CEO TORONTO, Sept 2 (Reuters) - Verizon Communications Inc is not planning to enter the Canadian wireless market, its chief executive said in an interview on Monday that is likely to support shares of the country's largest mobile phone providers. Most news bad for emerging markets James Saft (Reuters) - Syria today, the taper tomorrow - emerging market policymakers are learning that once the market becomes concerned with a current account deficit, most news is bad news. Expert networks thriving in Asia, away from U.S. scrutiny SINGAPORE/HONG KONG, Sept 3 (Reuters) - Expert networks - a matchmaking service linking investors such as hedge funds with company insiders - are under scrutiny from regulators in the United States,... South Korea unfolds future of urban driving Sept. 2 - South Korean researchers have developed an electric car that folds in half for easy parking. Called the 'Armadillo-T', the prototype vehicle is designed for commuters in busy urban areas. Rob Muir has more. Indian Manufacturing Shrinks for First Time in Four Years A purchasing managers index paints a grim picture, with the number of foreign and domestic orders falling sharply in July. Jets 27, Eagles 20 Jets Backups Make Final Push for Roster Spots By Saturday night, Matt Simms and about 30 of his Jets teammates on the brink will know if they changed minds or merely confirmed opinions with their play against the Eagles. U.S. economic growth gauge rises, annual rate slips ECRI NEW YORK (Reuters) - A measure of future U.S. economic growth picked up last week but the annualized growth rate slipped, a research group said on Friday. Rees Leads No. 14 Irish to 28-6 Win Over Temple Notre Dame got off to a strong start to the new season and then received more good news after the game. Schneider TEPCO not in control CNN's Ralitsa Vassileva talkes with nuclear expert Mycle Schneider about the worsening conditions at Fukushima in Japan.

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