Hourly News updated 14:00 2011/11/10

 At least 43 trapped in coal mine gas leak in SW China

A coal mine gas leak has left at least 43 people trapped underground in southwest China's Yunnan Province.
The accident occurred early this morning at the Sizhuang Coal Mine in in the city if Qujing.
A rescue operation is underway.
The local government earlier said a "gas explosion" had ripped through the mine. 
The exact number of miners working underground at the time is still unclear.
 
 
Rescuers search for survivors 1 after Turkey earthquake
 
Rescue teams are searching for dozens of people trapped in rubble 2 after a 5.6-magnitude earthquake rattled 3 eastern Turkey, killing 4 at least seven people.
About 20 buildings have collapsed 5 in the city of Van, including a six-storey hotel where dozens of aid workers and journalists were staying.
Emergency workers say 23 people have been rescued alive but that many more remain unaccounted for.
Last month, a 7.2-magnitude quake in the same area killed more than 600 people.
 
 
China repeats its call to resolve Iranian nuclear issue through talks
 
China is repeating its call to resolve the Iranian nuclear issue through talks. 
Foreign Ministry 6 spokesperson Hong Lei made the call following a report of the International Atomic Energy Agency, which says it has obtained "credible 7" information that Iran may be developing nuclear weapons.
"China opposes the proliferation of nuclear weapons, and disapproves 8 of any Middle Eastern country developing nuclear weapons. China has consistently advocated using dialogue and cooperation to resolve the Iranian nuclear issue."
Hong Lei also says China is in no rush to take the matter back to the UN Security Council.
 
 
Italy's president says Berlusconi will step down in days
 
Italy's president says Prime Minister Silvio Berlusconi will resign within days.
Giorgio Napolitano also says a new government will be formed shortly afterward 9.
Berlusconi made the decision to step down this week after he lost his majority in a parliament vote.
 
 
Asian stocks open sharply lower on new eurozone fears
 
Asian stock markets opened sharply lower today after Italy's record-high cost of borrowing renewed fears over the eurozone crisis.
Japan's Nikkei index fell 2.3%, Hong Kong's Hang Seng tumbled more than 4 percent, and South Korea's Kospi opened 2.6% lower.
The falls in Asian markets follow losses in US markets.
The cost of borrowing on Italian government bonds jumped to 7% on Wednesday, a level considered unsustainable by economists 10.
 
 
Greek coalition 11 government bid extends to Thursday
 
The political wrangling 12 to finally create a change in government in Greece is going to be extended into this Thursday.
This comes after Greek politicians failed to resolve who is going replace outgoing Prime Minister George Papandreou.
It was widely expected an announcement on the new Greek leadership was going to be made on Wednesday, after Papandreou went on television to announce that his choice for Prime Minister was an "institutional figure."
That has prompted many to suspect that Papandreou's choice would be the current parliamentary speaker Philippos Petsalnikos.
However, it appears the negotiations 13 remain unresolved.
 
 
Blast hits gas pipeline 14 between Egypt, Jordan, Israel
 
An explosion has hit the gas pipeline between Egypt, Israel and Jordan in Northern Sinai for the sixth time this year.
It's also the first blast since pumping was resumed on late last month.
The pipeline has been shut down.
 
 
Rescue work ends in mudslide-hit Colombia, 48 dead
 
Rescue work for victims of the massive mudslide in Colombia's central city Manizales has ended, with 48 people dead and 12 rescued.
Colombia has suffered one of its worst rainy seasons in decades, with some 70 people killed and tens of thousands forced to leave their homes.
 
 
China expresses concern over U.S. solar panel dumping probe
 
China has expressed concern over the United States' anti-dumping and anti-subsidy probe into Chinese exports of solar panels. 
The Ministry of Commerce says the Chinese side is strongly displeased 15 with the U.S.'s attempts to blame Chinese exports for its own sluggish 16 development.
A ministry spokesman warns that the probe could damage energy cooperation between the two countries and impede 17 the progress of global efforts to deal with climate change.
 
 
China to form national office for IPR infringement 18, fake products crackdown
 
China's State Council has established a national office to clampdown on infringement of intellectual property rights and counterfeit 19 products.
Police have been urging the creation of a cross-regional law enforcement system to help them investigate cases of IPR infringement and fake products. 
The State Council is also pressing for better regulation of Internet-based trade.
 
 
China's October foreign trade drops; surplus continues to fall
 
China's imports and exports in October both dropped from September as uncertainties 20 in the United States and Europe cut external demands.
The customs bureau says foreign trade in October fell 8.3 percent from September to nearly 298 billion U.S. dollars.
Trade surplus amounted to 17 billion U.S. dollars, down 36.5 percent year-on-year.