STOCKHOLM, Sweden (AP) — The Nobel Foundation will reduce the prize money of each of the six Nobel awards by 20 percent this year to $1.1 million to help safeguard its long-term capital prospects. The board of directors also said it wants to ensure the potential for achieving a good inflation-adjusted return on the Nobel Foundation’s capital during the next several years. The decision came after the average return on the foundation’s capital fell short of the overall sum of all Nobel Prizes and operating expenses. The announcement was made ahead of Aung San Suu Kyi’s long-delayed Nobel Lecture in Oslo, Norway..

SAHIBABAD, India (AP) — On the outskirts of New Delhi, in a cramped concrete workshop where the air shimmers with the light of welding torches, a young Indian businessman has become a master craftsman of Napoleonic swords. And medieval chain mail armor. And World War II hand grenades and helmets. From Hollywood war movies to Japanese Samurai films to battle re-enactments across Europe, Ashok Rai, 31, is one of the world’s go-to men for historic weapons and battle attire. Rai’s workshop reverberates with the sounds of metal being hammered and beaten into chain mail, swords, axes, muskets, sabers, spears, and helmets.

BEIJING (AP) — Chinese state media says a man has been sentenced to death for forging currency worth tens of millions of dollars. The official Xinhua News Agency reported that Wu Shengyou was the ringleader in producing 195 million yuan ($31 million) in counterfeit money in south China’s Hunan province and transporting it to Guangzhou province, where Wu’s group sold 128 million yuan of the fake notes before the rest was seized by police. Xinhua says Wu plans to appeal the death penalty, which was handed down by a court in south China’s Guangzhou city. Capital punishment is widely used in China for crimes ranging from murder to drug trafficking and tax evasion.

PHNOM PENH, Cambodia (AP) — Cambodian election officials say Prime Minister Hun Sen’s ruling party has won an overwhelming victory in local elections. The National Election Committee late last month announced final results from the June 3 polls showing that the ruling Cambodian People’s Party won 1,592 of the 1,633 commune chief posts that were at stake. Opposition parties took the remainder of the seats. The party has been in power for nearly three decades. The elections for local governing councils were seen as an indicator of public opinion ahead of general elections expected in 2013.