APEC should play leading role in maintaining open world economy: Chinese president
Chinese President Xi Jinping says the Asia-Pacific Economic Cooperation should play a leading role in promoting an "open" world economy.
His comments come as the heads of state and governments from a dozen countries on both sides of the Pacific discuss a number of world economic issues on the Indonesian island resort of Bali.
Xi Jinping also says the world should face all the difficulties the global economy is facing head-on with "courage and resolve".
Chinese President address on China's economy at APEC
Addressing the APEC meeting, Chinese President Xi Jinping says his government is going to deepen reform and opening-up in all respects, saying the Chinese economy has entered a new stage of development.
Xi Jinping says the Chinese government is drawing up a master plan for the deepening of reforms in all respects.
He says challenges that have been cropping up in development, on top of institutional obstacles, will be targeted.
The Chinese President also says his government is going to follow a more proactive opening-up strategy, which underlines balance in foreign trade.
He also says his administration is going to create a legal environment in which foreign companies in China can operate in a level playing field with their Chinese counterparts.
China to join Russia in maintaining security in Asia-Pacific: Xi
Chinese President Xi Jinping has met with Russian President Vladimir Putin on the sidelines of this year's APEC Summit.
Xi Jinping says the Chinese side wants to work with Russia to guarantee security and stability in the Asia-Pacific region.
For his part, Vladimir Putin says he wants to maintain close contact with Xi Jinping when it comes to cooperation in various fields, including energy and infrastructure.
At least 9 killed in violence across Egypt
At least 9 more people have been killed in a series of attacks through Egypt.
Five soldiers and one military officer were killed when unknown militants attacked a military patrol.
Another 3 were killed in a car bombing in the southern Sinai.
48 others were wounded in that attack.
The deaths follow a wave of violence on Sunday in Egypt marking the 40th anniversary of the Ramadan, or Yom Kippur, war.
Close to 60 people were killed in violent clashes.
The Egyptian authorities are pinning the blame for Sunday's violence on supporters of the Muslim Brotherhood.
Over 400 Brotherhood supporters have been arrested.
Obama voices willingness to talk with Republicans on budget
U.S. President Barack Obama says he's willing to discuss the government budget with Republicans to end the partial government shutdown.
Speaking while on a tour of the country's Federal Emergency Management Agency, Obama says there's not a subject that he is not willing to engage in.
Obama and the Democrats have been staunch in their unwillingness to negotiate a Republican-demanded delay in the implementation of the Affordable Care Act.
So-called Obamacare is set to take effect at the beginning of next year.
The sign-up for the program began on October 1st, the same day the US Federal Government shutdown began.
The new sign of willingness to negotiate comes just 10-days before the US government hits its debt-ceiling.
A failure to increase the country's borrowing capasity will put the US government into default.
Italy shipwreck toll rises to 232 as more bodies recovered
The official death toll from last week's migrant shipwreck off the coast of the southern Italian island of Lampedusa has reached 232.
This, after 38 more bodies were recovered on Monday.
131 are still officially listed as missing.
The boat capsized within site of the Italian-held island of Lampedusa, which is located just kilometers from the north African country of Tunisia.
Most of those on-board were migrants from Somalia and Eritrea.
Poor weather conditions are said to be hampering the recovery efforts.
Lampedusa is a popular destination for north African migrants hoping to find refugee status in Europe.
U.S. consumer credit up, but credit card usage down
New official data shows consumer credit in the US has increased more than expected through August.
The US Federal Reserve is reporting total consumer credit has advanced by more than 13.6 billion US dollars.
The figure is far better than the 10-billion forecast.
However, the rate of credit-card use in the US saw its third straight month of declines in August.
Airbus and Japan Airlines agree landmark $9.5bn deal
Japnese carrier Japan Airlines has ordered 31 A350 jets from Airbus, worth 9.5-billion US dollars, breaking open the last major aviation market dominated by rival Boeing.
According to the deal, JAL also has an option to purchase an additional 25-planes.
The deal is a blow for Boeing, which has dominated Japan's aviation market.
U.S. planemaker Boeing had benefited from links with Japanese suppliers and deep political ties between Tokyo and Washington to maintain a market share of more than 80-percent for decades.
JAL's shares rose as much as 3.4-percent in early trade.
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