Grounded Ship Breaks Up on New Zealand Reef

Maritime officials say a cargo ship grounded off New Zealand since October split apart Sunday, spilling cargo containers and debris and sparking fears of a fresh oil spill. The wreck of the Greek-owned Rena was described as New Zealand’s worst maritime environmental disaster, even before pounding waves during a storm tore off the rear section […]

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11 die in New Zealand balloon crash

A hot air balloon burst into flames and crashed to the ground in New Zealand on Saturday, killing all 11 people on board, after apparently hitting a power line. The balloon came down in calm weather near Carterton, a small town north of the capital Wellington and a popular area for ballooning, in New Zealand’s […]

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Japan Airlines to relist shares

Japan Airlines (JAL) is planning on relisting its shares in an IPO on the Tokyo Stock Exchange. By September, JAL shareholders intend to sell between ¥500 billion and ¥1 trillion (US$6.4b – US$12.8b, €5b – €10b). If the sale goes into high-end estimates, it will make JAL the largest airline in the world by market […]

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Indonesia’s Unlikely Flip-Flop Protest

Outrage over prosecution and beating of a youth for stealing sandals Angry Indonesians have been depositing sandals outside of police stations across the country as a protest against the arrest, severe beating and trial of a 15-year-old boy for stealing a pair of cheap, worn-out white flip-flops while crooks stealing millions of dollars have gone […]

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