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Boehner says Hillary Clinton should support White House on trade

WASHINGTON, May 3- Republican House Speaker John Boehner challenged Hillary Clinton on Sunday to help the White House get trade legislation through the U.S. Congress by speaking out in favor of it. Trade is a rare issue on which the White House enjoys support from Republicans, but many Democrats are opposed. The White House says free-trade deals open up new...
Source: Reuters
Japan to increase investment in Asian infrastructure

TOKYO, May 3- Japanese Finance Minister Taro Aso said on Sunday his country's government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank, according to Kyodo News. Aso said he wants to set up a new framework for financial cooperation between the ADB and the Japan International Cooperation Agency, Kyodo reported.
Source: Reuters
All eyes on McDonald's as turnaround plan looms

McDonald's on Monday will unveil a highly anticipated plan to juice company results and modernize the struggling fast food giant's operations.
Source: CNBC.com | By: Katie Little
Republican: Clinton needs to bring Democrats along on trade

WASHINGTON- Republican House of Representatives Speaker John Boehner says Hillary Rodham Clinton needs to back trade legislation that President Barack Obama wants- and help get Democrats on board. Boehner says Republican votes alone aren't enough to give Obama the negotiating authority to complete an Asia-Pacific trade deal. He tells NBC's "Meet the Press"...
Source: The Associated Press
HSBC's HQ rethink: taxes and China relationship hold key to decision

LONDON, May 3- In 1990, an assessment called Project Rainbow paved the way for HSBC to move from Hong Kong to Britain. Project Rainbow assessed HSBC's future base by considering whether it was operationally effective, tax efficient, politically acceptable, consistent with bank regulatory requirements, in the best interests of shareholders and compatible...
Source: Reuters | By: Steve Slater
Sadness grips Filipinos after Pacquiao defeat

Fight was shown for free in gymnasiums and other public venues Sunday lunchtime local time.
Source: The Associated Press
Pilot to fly solar plane across Pacific for 5 days, 5 nights

BEIJING- A pilot said Sunday that he is anxious but excited about flying a solar plane solo from China to Hawaii on the longest leg of the first attempt to fly around the world without a drop of fuel. The 8,175- kilometer flight from Nanjing in eastern China to Hawaii- which may take off Thursday, depending on weather- is the seventh of 12 flights.
Source: The Associated Press
Siemens unit in China bribery probe - report

The investigation, which has not previously been reported, follows a wide-reaching probe into the pharmaceutical industry in China that last year saw GlaxoSmithKline fined nearly $500 million for bribing officials to push its medicine sales. "We are not aware of any situation that conforms to what you describe," said Germany- based spokesman Matthias Kraemer...
Source: Reuters
China, Taiwan to seek cooperation as heads of ruling parties meet

SHANGHAI, May 3- The leader of Taiwan's Nationalist Party will sit down with Chinese President Xi Jinping in Beijing on Monday in the first meeting between the heads of the ruling parties in the two rival states in more than 60 years. Xi, as head of China's ruling Communist Party, will host Taiwan's Chu in the first meeting of its kind since defeated Nationalist...
Source: Reuters | By: Sue-Lin Wong
China, Japan, S.Korea commit to economic policies supporting demand

BAKU, May 3- Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth. The policymakers for the three North Asian economies held a trialateral meeting, chaired by Japan's Deputy Prime Minister and Finance Minister Taro Aso, on the...
Source: Reuters