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Reuters World News Highlights at 0600 GMT, Nov 10

Published: 09 Nov 2009 22:05:16 PST

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WASHINGTON - The United States sees China as a vital partner and competitor, but the two countries need to address economic imbalances or risk "enormous strains" on their relationship, President Barack Obama said on Monday.

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TEHRAN - Iran has charged three detained U.S. citizens with espionage, the official IRNA news agency quoted a prosecutor as saying on Monday, but Secretary of State Hillary Clinton said there was no evidence to back the charges.

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WASHINGTON - U.S. President Barack Obama said on Monday he plans to raise the issue of the yuan currency with Chinese officials when he meets with them in Beijing next week, a potentially disruptive topic for foreign exchange markets.

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BEIJING - Exactly a year since it unveiled a 4 trillion yuan stimulus package and switched to an easy monetary policy, China is basking in the success of its aggressive response to the global financial crisis.

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SEOUL - The two Koreas have had a naval skirmish in Yellow Sea waters off their west coast but there were no casualties, the South's Yonhap news agency reported.

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TOKYO - Japan's finance minister said he was concerned about rising long-term bond yields and his Democratic Party-led government must ensure its spending plans don't rattle the trust of bond investors.

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MOBILE - A weakened Tropical Storm Ida drenched the U.S. Gulf Coast and oil installations on Monday, shutting down nearly 30 percent of Gulf energy production.

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CARACAS - Venezuela stoked a diplomatic feud with Colombia on Monday by accusing its South American neighbor of "lies" and "hypocrisy" in a growing dispute that is threatening trade and regional stability.

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WASHINGTON - President Barack Obama held unusually low-profile talks with Israeli Prime Minister Benjamin Netanyahu on Monday that failed to provide any sign of progress toward reviving Israeli-Palestinian peace negotiations.

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BAGHDAD - Investor sentiment will be bolstered by the Iraqi parliament's passage of a long-delayed election law, but the failure to resolve a row over the disputed city of Kirkuk may cause massive headaches in the long run.

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WASHINGTON - A fight over abortion could complicate Senate action on a sweeping U.S. healthcare reform bill as some moderate Democrats on Monday voiced support for a strict ban on using federal funds to pay for the procedure.