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Japanese Prime Minister Shinzo Abe on Tuesday condemned as "unacceptable" the threat to the lives of two Japanese purportedly taken captive by Islamic State militants, and said the international community should not give in to terrorism.

Shake Shack Inc, a burger chain that grew out of a hot dog stand in New York's Madison Square Park, said it expected its initial public offering to be priced at $14-$16 per share, valuing the company at up to $568 million.

Indonesia's transport minister proposed a number of changes to improve aviation safety standards at a parliamentary hearing on Tuesday, just over three weeks after an AirAsia passenger jet crashed killing all 162 people on board.