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2014 Asian Golf Tourism Convention to be held at Mission Hills Haikou
Asia’s golf tourism industry will be gathering on China’s tropical island of Hainan next spring as the region’s most important golf tourism convention moves to award-winning golf resort Mission Hills Haikou. The baton for the 3rd Asia Golf Tourism Convention was passed to China at a signing and hand-over ceremony on the final day of AGTC 2013, held at the Royal Cliff Hotel ...
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Tons of New Zealand meat stranded on Chinese docks
WELLINGTON, New Zealand -; Hundreds of tons of frozen mutton, lamb and beef from New Zealand have been stranded on Chinese docks after China halted imports from the country due to a certification ...
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Death sentence in Chinese underground bank case
BEIJING -- A businesswoman in southern China has been sentenced to death in the government's latest crackdown on underground lending that is widely used by entrepreneurs.The Intermediate People's Court of Wenzhou, a center for private sector business, says Lin Haiyan was convicted of "illegal fundraising" for collecting 640 million yuan ($101 million) from individual ...
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Asia shares higher on US gains
In this Wednesday, May 15, 2013, file photo, people are reflected on the electronic stock board of a securities firm in Tokyo. AP FILE PHOTO Hong Kong – Asian shares rose on Monday, reflecting a bullish mood on Wall Street and extending their two-week rally, buoyed by better-than-expected US data. Tokyo stocks were up 1.38 percent by the break, as Shanghai gained 0.12 percent and Sydney ...
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S Korea predicts more North missile tests
South Korea on Monday predicted further missile tests by North Korea, which fired four short-range missiles into the Sea of Japan at the weekend, drawing criticism from Seoul and UN chief Ban ...
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Southeast Asia Smartphone Market Grows 61 on Heels of Android Popularity
) Android operating system. In studying Southeast Asia, market research firm GfK reports that sales for smartphones grew 61% over the past 12 months ending in March. That translated to more than 16 million more units sold, for 42.2 million units in total, with atotal increase of $3.4 billion to more than $11 billion. Sales of smartphones with display sizes of 4.5 inches and above made up 20% ...
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Afghanistan President Hamid Karzai seeks Indian military aid amid Pakistan row
Kabul: Afghan President Hamid Karzai will seek increased military aid from India during a three-day visit starting Monday and will discuss recent cross-border clashes with Pakistan, India's archrival, an aide said.The comments follow a weekend report that said Afghanistan's ambassador to India had said the country needs India's help with "equipment and weapons to fight." ...
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China asks North Korea to release fishing boat crew
Chinese fishing boat whose owner publicized the plight of its 16 crew in an online account saying they were seized by gun-wielding North Koreans earlier this month and held for ransom. Yu Xuejun, who wasn't aboard the boat, wrote on his microblog late Saturday that North Koreans seized his boat on May 5 in what he says were Chinese waters and that they demanded a 600,000 yuan ($100,000) ...
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More bodies recovered in collapsed Indonesia mine
TIMIKA, Indonesia (AP) -- Rescuers recovered four more bodies from a collapsed underground room at a giant U.S.-owned gold and copper mine in Indonesia, bringing the confirmed death toll to 13, police said Monday. Fifteen other workers were still missing and feared ...
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China halts imports of New Zealand meat
WELLINGTON, New Zealand -; Hundreds of tons of frozen mutton, lamb and beef from New Zealand have been stranded on Chinese docks after China halted imports from the country due to a certification ...
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Dollar eases in Asia but expected to resume rise
AP FILE PHOTO TOKYO - The dollar eased in Asia on Monday after a Japanese minister said the recent correction against the yen was nearly over, but analysts said the greenback would soon resume its climb. The dollar was changing hands at 102.84 yen in Tokyo morning trade, down from 103.19 yen in New York late Friday but still up from the lower 102-yen range seen before the Tokyo market closed ...
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Asian women begin bid for Canada
Asia's long road to the FIFA Women's World Cup Canada 2015™ commences on Tuesday, with a record 16 sides featuring in the preliminaries for next March's 2014 AFC Women's Asian Cup in Japan, which serves as the qualifier for the global ...
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Asean back on Russias map as a region of interest
Russia is refocusing on Asean after years of inertia due to its domestic priorities and challenges. After Russia was invited to join the East Asia Summit (EAS) in 2010, former President Dmitry Medvedev did not attend the inaugural meeting in Bali and last year President Vladimir Putin, fresh from his third-term presidential victory, also failed to show up at the premier strategic forum. However, ...
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US university student killed by police during break-in
MINEOLA, NEW YORK: In what police are describing as a crime of opportunity, a wanted man with a criminal history dating nearly 15 years entered a front door that had been left open at a New York home near Hofstra University. A short time later, the intruder, Dalton Smith, and a 21-year-old college junior, Andrea Rebello, were both dead. The two were killed early on Friday by ...
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EM ASIA FX-Baht won Philippine peso ease Taiwan dollar firm
May 20 (Reuters) - The following table shows the position of Asian currencies against the dollar at 0140 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at 0140 GMT Currency Latest bid Previous day Pct Move Japan yen 102.83 103.21 +0.37 Sing dlr 1.2569 1.2592 +0.18 Taiwan dlr 29.995 30.060 +0.22 Korean won 1119.55 1116.40 -0.28 Baht 29.88 29.78 -0.33 Peso ...
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Asia Markets Japan stocks rally but Korean shares underperform
HONG KONG (MarketWatch) -- Japanese stocks rallied to lead Asian markets higher Monday, tracking a positive global lead after U.S. indexes notched another record finish on Friday, although South Korean shares underperformed, weighed by geopolitical ...
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Europes cruise ship loss is Asias cruise ship gain
The numbers of cruise operators cutting back on their European programmes and ships is increasing, with Regent Seven Seas now cutting back dramatically on their programmes, Carnival announcing it was pulling out of Europe for 2014, with other lines cutting back in Europe for 2014 include Royal Caribbean which announced earlier this month that it would send only seven ships to Europe in 2014, ...
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Central Banks in Driving Seat for Asia Markets
A two-day Bank of Japan meeting, a speech by the Federal Reserve's chief and minutes from the latest Reserve Bank of Australia gathering put central banks in focus for Asian markets in the week ahead. The Bank of Japan (BOJ) concludes its policy meeting on Wednesday and economists are not expecting any significant changes so soon after the central ...
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Fertility Clinic Virtus Seeks Expansion in Asia Deals After IPO
Virtus Health Pty is planning an Asia-Pacific and Middle East expansion as well as seeking acquisitions after an initial public offering said to have raised A$338 million ($329 ...
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Asia to Lock in Gains From US Lead
topped the 103 handle on Friday, marking a fresh four-and-a-half-year high, but slipped below those levels in early Asia trade after Japan's economy minister was quoted as saying that the yen's excessive strength has largely been corrected and that more weakness could be harmful. ...
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Thailand Rebels Target Children in Southern Conflict
Enlarge Thai security personnel inspect a grocer's shop where six people were shot dead by suspected Muslim militants in the southern province of Pattani on May 1, ...
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US diplomat in spy row leaves Russia Report
US diplomat accused by the Russians of being a CIA spy after they caught him allegedly trying to recruit agents last week left the country on Sunday, Russian television reported. Ryan Fogle flew out of Moscow, Russia's NTV state television channel said, broadcasting pictures showing him at Sheremetyevo International ...
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HK train accident 62 injured
Over 60 people were injured when a two-car train derailed on Hong Kong’s light railway in the north of the city, throwing passengers onto the floor, police said Friday. Groups of passengers sat dazed on the pavement near where the train derailed, some bleeding and being treated by medics. Others were taken away on stretchers by dozens of paramedics and firefighters, television news ...
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Taiwan and Singapore conclude trade pact talks
Taiwan and Singapore have concluded two-year talks about a bilateral trade pact and will release an official report once an assessment has been completed, the Ministry of Economic Affairs said in a statement. The two sides are in the process of selecting appropriate legal texts for an official report, the Taipei Representative Office in Singapore and the Trade Office of the Republic of ...
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Philippines fears for workers in Taiwan amid row over death
The Philippine envoy to Taiwan on Friday advised thousands of Filipino workers there to eat at home and avoid the streets while emotions run high on the island over the shooting death of a fisherman by the Philippine coast guard. Philippine representative Amadeo Perez said after returning to Manila from Taipei late Thursday that his government has verified at least one attack, in which a ...
South East Asia Digest
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Southeast Asia's growing prominence in world trade
Southeast Asia has been, for many centuries, a major part of world trade and the recent recession has not hampered this position as the region is recovering much faster than many more developed countries.
Southeast Asia, although geographically large, covering an area of around 5 million square miles, is comparatively small economically in relation to the number of people that inhabit the area. The Southeast Asian region is home to over 500 million people and yet the region’s GDP is just US$1.5 trillion, or around US$2,500 per person annually. Read more
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