Envoys see tough haggling ahead with North Korea

BEIJING (Reuters) – A top U.S. envoy predicted tough talks on North Korea’s nuclear activities on Monday as a fresh round of negotiations over a disarmament-for-aid deal began with the Bush administration readying to leave office.

GigaMedia and EA launch Warhammer Online: Age of Reckoning Chinese website

GigaMedia Ltd (Nasdaq:GIGM), a provider of online entertainment software and services and the publisher of the video game Warhammer Online: Age of Reckoning (WAR) in Taiwan, Hong Kong, Macau along with Mythic Entertainment, aAstudio of Electronic Arts

U.S., Europe and Asia to raise stimulus stakes

LONDON (Reuters) – Chinese and European leaders were due to plot their next steps on Monday to move the world economy back from a precipice, while stimulus measures presented, planned or pending injected optimism into stock markets.

Imports overtake Australian food (Yahoo!7)

Mark Panitz from Growcom said it is a trade imbalance has hit $315 million per year and its hurting the farmers and processors. ‘Farms closing, factories closing, farmers may be able to shift capacity to another product but that’s not always possible,’

Pakistan arrests suspected Mumbai planner: source

ISLAMABAD (Reuters) – One of the suspected planners of last month’s attack by gunmen on Mumbai was arrested by Pakistani security forces in a raid on a militant camp, an official with a charity linked to the militant group said on Monday.

PCCW property unit says cash position at HK$1.8 bln

Hong Kong fixed-line provider PCCW said on Sunday it had set a date of Dec. 30 for a shareholder vote on the privatisation of the company. The company also said on Sunday that chairman Richard Li, who also controls Singapore-listed Pacific Century

Iran says will not halt nuclear work despite U.S.

TEHRAN (Reuters) – Iran will never halt its nuclear work and expects the United States to change its “failed” carrot-and-stick approach to solving the atomic row with Tehran, the Foreign Ministry said on Monday.