HONG KONG/NEW YORK - Alibaba Group Holding Ltd [IPO-BABA.N] raised the price range on its initial public offering to $66 to $68 on Monday, reflecting strong demand from investors for the year's most anticipated debut and potentially the world's largest-ever IPO. | Video
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TOKYO - It was a rare role reversal for Japan's influential Asahi newspaper, which is known for exposing wrongdoing in high places, when its president stood before cameras to bow, apologise and pledge to restore his organisation's credibility.
ZURICH - Former intelligence contractor Edward Snowden could be granted safe passage in Switzerland if he helped a potential criminal inquiry into U.S. spying there, the Swiss public prosecutor's office said on Monday.
LOS ANGELES - Crews battled nearly a dozen major wildfires across California on Monday that have forced hundreds of people to flee, destroyed dozens of homes and structures and charred thousands of acres of forest land left bone dry by the state's record drought.The most destructive of the 11 blazes, the Courtney Fire, quickly blackened 320 acres east of Yosemite after it erupted on Sunday, burning several homes to the ground, according to the California Department of Forestry and Fire
CABO SAN LUCAS Mexico - Tropical Storm Odile ground its way up Mexico's Baja California peninsula on Monday, gradually losing strength after forcing the evacuation of thousands and smashing shops open to looters in the popular tourist area.