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US weekly jobless claims decline as labor market remains stable

WASHINGTON, April 16 (Reuters) - The number of Americans filing claims for unemployment benefits fell last week, suggesting labor market conditions remained stable, though employers are cautious about hiring new workers as the conflict in the Middle East casts a shadow over the economy. Initial... Read More.

Indonesia reviews US proposal for airspace overflight access

JAKARTA, Indonesia (AP) - Indonesia is reviewing a U.S. proposal on overflight access to its airspace, the Foreign Ministry said Thursday. The proposal surfaced in local media after Indonesia and the U.S established the Major Defense Cooperation Partnership, which was announced by U.S. Defense Secretary... Read More.