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Exclusive: Japan panel warns of dangers if debt not addressed

TOKYO (Reuters) - A Japanese government panel warns there is "absolutely no guarantee" that domestic investors will keep financing the country's massive public debt, citing the risk of a spike in bond yields that could crimp long-term growth prospects, according to a draft report seen by Reuters on Full story

Myanmar leader making landmark White House visit

Former general Thein Sein on Monday becomes the first Myanmar president to be welcomed to the White House in almost 47 years, crowning a dramatic diplomatic rehabilitation for his nation after years of international isolation. Full story

Xiaomi: Apple's New China Threat

   A cheaper Chinese smartphone maker is gaining a cult-like following in China, reports CNBC's Eunice Yoon.

Indonesia mine collapse death toll rises to 17

Rescuers have recovered three more bodies from a collapsed underground room at a giant U.S.-owned gold and copper mine in Indonesia, bringing the confirmed death toll to 17. Mine officials say 11 others are believed buried under the rubble. Full story

Ex-Goldman banker Thornton steps down from HSBC board

   LONDON (Reuters) - John Thornton, the former Goldman Sachs <GS.N> president who specializes in Chinese affairs, is stepping down from the board of HSBC <HSBA.L> to spend more time on his other business interests, Europe's biggest bank said on Monday. Full story

Basri named Indonesia's new finance minister

Indonesia named investment board head Chatib Basri as the country's new finance minister. Full story

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Articles

Yen gains on minister's comments; rise seen as temporary

China offers India a 'handshake across the Himalayas'

China trying to manage exposure of corruption online

Macau lawyer says assault was intimidation attempt

North Korea fires sixth missile in three days

Goldman exits China's ICBC, seven years and billions later

China sentences underground bank operator to death

Jon Stewart's humor a hit with millions of envious Chinese

Japan upgrades economic outlook as Abe's policies take hold

Japan's Amari: core core CPI showing signs of turning positive due to BOJ

Video

  If workers are given more rights, will they ask for accountability?

The Up panel takes a look at the average worker wage per hour in Bangladesh compared to other countries and debates how the costs impact economies worldwide. Panelist Karl Smith explains how having the “economic base” allows workers to ask for even more.

  ‘In the Navy, you save your ship, your ship is your home’

History has been made and remembered. Twenty-four surviving sailors from the USS Franklin held a reunion at Patriot's Point in Charleston. In 1945, the Franklin, nicknamed “Big Ben” was hit by 2 Japanese bombs, exploding 31 armed and fueled aircraft sitting on her deck. More than 800 were killed, th

  Move Over US, BRICS ... TIMPs are New Stars: Pro

Bob Turner, Turner Investment Partners, explains why he is bullish on Turkey, Indonesia, Mexico and the Philippines.

  American ingenuity sometimes the best steward of freedom

Nicholas Thompson, editor of The New Yorker magazine's website, talks with Rachel Maddow about their "Strongbox" submission tool that allows sources to remain anonymous and untraceable when they submit a story tip.

  Angry Customer's Maserati Smashup

A dissatisfied customer in China seeks a new way to get his point across...by destroying his Maserati.

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Related Photos

China's Liu and Ding play against compatriots Li and Guo in their women's doubles final at the World Team Table Tennis Championships in Paris
China's Li and Guo play against compatriots Liu and Ding in their women's doubles final at the World Team Table Tennis Championships in Paris
China's Li and Guo play against compatriots Liu and Ding in their women's doubles final at the World Team Table Tennis Championships in Paris

China's Li Xiaoxia and Guo Yue return the ball as they face compatriots Liu Shiwen and Ding Ning in their women's doubles final at the World Team Table Tennis Championships in Paris May 20, 2013. REUTERS/Charles Platiau (FRANCE - Tags: SPORT TABLE TENNIS)

China's Li and Guo react after defeating compatriots Liu and Ding in their women's doubles final at the World Team Table Tennis Championships in Paris
China's Li and Guo react after defeating compatriots Liu and Ding in their women's doubles final at the World Team Table Tennis Championships in Paris

China's Li Xiaoxia and Guo Yue react after defeating compatriots Liu Shiwen and Ding Ning in their women's doubles final at the World Team Table Tennis Championships in Paris May 20, 2013. REUTERS/Charles Platiau (FRANCE - Tags: SPORT TABLE TENNIS)

China's Li and Guo react as they face compatriots Liu and Ding in their women's doubles final at the World Team Table Tennis Championships in Paris
China's Li and Guo react as they face compatriots Liu and Ding in their women's doubles final at the World Team Table Tennis Championships in Paris

China's Li Xiaoxia and Guo Yue react as they face compatriots Liu Shiwen and Ding Ning in their women's doubles final at the World Team Table Tennis Championships in Paris May 20, 2013. REUTERS/Charles Platiau (FRANCE - Tags: SPORT TABLE TENNIS)