News Headlines - 24 October 2012

▽Mark Thompson's future at New York Times questioned after Savile scandal - Telegraph

Mark Thompson, the BBC's former director-general, originally claimed he had not heard the allegations against Jimmy Savile but a new account counters that claim.

▽King warns BoE action reaching limit - FT.com

The Bank of England’s unorthodox actions to turn round the UK’s flagging economy were reaching the limits of their effectiveness, Sir Mervyn King has warned in a blunt assessment that Britain faces a prolonged economic adjustment.

▽I won't give prisoners the vote, says David Cameron | guardian.co.uk

David Cameron appeared to slap down his senior law officer in the House of Commons over voting rights for prisoners as he told MPs that prisoners would never get the vote under his government.

▽Japan, China Diplomats Meet Amid Territorial Dispute - WSJ.com

The Japanese and Chinese governments are intensifying back-channel efforts to mend their tattered bilateral ties, after weeks of public bickering surrounding disputed islands.

▽Japan's deaf ear to Gangnam Style riles South Korea - Telegraph

Psy may have conquered the rest of the world with his "Gangnam Style," but Japan has turned a deaf ear to the South Korean rapper's music, triggering anger in the singer's home country.