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Asia Markets Tokyo stocks soar as Sydney Seoul retreat
HONG KONG (MarketWatch) -- Australian and South Korean stocks dropped Thursday on worries the Federal Reserve could downscale its bond purchases, while Japanese shares marched to fresh multiyear highs as several exporters got a lift from the weakened ...
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Top Concerns in Asias Unfinished Development Agenda for the Post-MDG Era
More MANILA, PHILIPPINES - Asia and the Pacific face a daunting unfinished development agenda when the Millennium Development Goals (MDG) expire in 2015. The focus in this fast growing region should be on the glaring gaps in its MDG achievements: eradicating extreme poverty and making better progress on human development, especially reducing infant deaths and improving maternal health. ...
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Asian expat workers end rare UAE strike—company
DUBAI--Thousands of mainly Asian expatriate workers in the United Arab Emirates have ended a strike they began at the weekend in a rare stoppage aimed at improving their conditions, their employer said Wednesday. ';Arabtec confirms that all workers returned to work with no impact on any of its projects,'; the Dubai-based company, which is constructing the Louvre Abu Dhabi, said in a ...
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Asean Defence Officials Share Knowledge At Dialogue
View Comments Bandar Seri Begawan - The Asean Regional Forum Defence Officials' Dialogue (ARF DOD) played out at The Empire Hotel & Country Club yesterday. Themed The Impact of Social Media on Defence and Security, the forum was chaired by Acting Director of Defence Policy at the Ministry of Defence Haji Adi Ihram bin Dato Paduka Haji Mahmud and attended by senior ARF members. The ...
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Immigration bill clears first hurdle in US Senate
immigration bill , which offers a path to citizenship for more than 11 million - including over 260,000 Indians - undocumented immigrants and ...
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Guptagate India defends plane landing at SA air base
PRETORIA/NEW DELHI: After a top Indian diplomat was accused of "manipulation" by South Africa to obtain permission for landing of an aircraft chartered by a well-connected Indian family at a military air base, India has said there was proper "authorization" and that some wedding guests on board the plane had invitation for bilateral engagements. "The senior Indian ...
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Briton 10 died minutes after injection in India
Gurkiren was killed by health workers in Punjab to illegally harvest her organs, stories of other such unexplained deaths of Britons in Punjab are coming out. The most-shocking case to emerge is that of 10-year-old Damien Herian from Wolverhampton, who complained of a stomach-ache while at a theme park in Jalandhar. The boy was given an injection. Minutes later he was dead, Birmingham labour ...
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More courses in English at French universities Storm brews
English at universities, amid a storm of controversy in a nation fiercely protective of its identity. The measure, which would also introduce lessons in other languages as part of a wider bill ...
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Asia Called Mixed on Fed Minutes
Minutes from the last Fed policy meeting released on Wednesday noted that "a number of participants expressed willingness" to reduce quantitative easing as early as the June meeting if economic data shows evidence of strong and sustained growth. ...
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China Submission by Human Rights Watch to the Legislative Affairs Office of the State Council
Submission by Human Rights Watch to the Legislative Affairs Office of the State Council on the proposed amendments to the Regulations of Education of Persons with Disabilities in ...
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Asia-Pacific film festival cultural base to be built in Sanya
Hongkong’s ITC Properties Group Limited will invest RMB 6 billion in the construction of an Asia-Pacific film festival cultural base in Sanya, Hainan. After the base is completed, an Asia-Pacific film festival and TV festival will be held in Sanya every year, and the base will be the permanent and high-end site of film conventions and exhibitions in the Asia-Pacific area. The ITC ...
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HK hails the return of the duck
Hong Kong on Tuesday joyfully welcomed the return of a giant inflatable rubber duck, which drew tens of thousands of visitors before it was abruptly deflated for maintenance for almost a week. The southern Chinese city has taken the 16.5-metre-tall (54-feet) yellow inflatable duck, conceived by Dutch artist Florentijn Hofman, to its heart since it was towed into the harbour on May 2 to ...
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China Galaxy soars 11 pct in debut after $1.1 billion HK IPO
China Galaxy Securities Co Ltd rose as much as 11.3 percent in its trading debut on Wednesday after raising $1.1 billion in a Hong Kong IPO, underscoring a surge in retail investors’ demand for new listings in the city. The debut of China’s seventh-biggest brokerage, and that of Sinopec Engineering (Group) Co Ltd on Thursday, will be bellwethers for a slew of Hong Kong offerings in ...
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Why Taiwan Won’t Let The Philippines Off Easy
Veteran Taiwanese political scientist George Tsai cringes at the anti-Philippine hysteria that swept his homeland like a typhoon after May 9. That day Taiwan began its campaign for an apology from Manila over the shooting of a local fisherman. What got into us, asked George Tsai, Taiwan Foundation for Democracy vice president and professor at Chinese Cultural University in Taipei. ...
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Taiwan fares well in US’ religious freedom report
Religious freedom is ';generally respected'; in Taiwan with no major problems last year, according to an annual US Department of State report issued on Monday. Taiwan’s record was in stark contrast to that of China where – according to the report – Beijing routinely enforces laws that restrict religious freedom. Findings for last year of the International ...
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Taiwan Dollar Forwards Gain a Third Day Before Bernanke Speech
Taiwan dollar forwards rose for a third day on speculation Federal Reserve Chair Ben S. Bernanke will signal today the need to sustain stimulus policies that have spurred fund flows into emerging markets. Bernanke is due to address Congress today and the Federal Open Market Committee is scheduled to release minutes of its last meeting. Fed Bank of St. Louis President James Bullard said ...
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Kenneth Bae American Jailed In N Korea Spoke Of ‘Collapsing’ Country’s ‘Walls’ In 2009 Sermon
A 44-year-old American citizen, jailed last year in North Korea accused of seeking to topple the government, said in 2009 that he wished to ';collapse'; the ';walls'; separating North Korea from the rest of the world and that he had asked US churches to send members to worship in the hermetic communist nation. According to a recently unearthed video, Kenneth Bae, who was ...
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Fishermen free but China angry at N Korea
The North Koreans have released 16 Chinese fishermen who were captured and held for ransom for a fortnight, but the ordeal has angered its sole ally and trading partner. The owner of the fishing vessel, Yu Xuejun, confirmed the men had been set free yesterday after their boat was seized in waters between China and the rogue ...
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N Korea’s hidden labour camps exposed
Even with new leader Kim Jong-un at the helm, North Korea remains the most reclusive and closed country in the world: It is a police state inside a totalitarian system ruled by a family dynasty that encourages a cultish ideology and following. The regime controls everything. There is no free speech, free trade, fair court, no Fox News or MSNBC equivalent. Outsiders are not allowed to freely ...
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Korea’s Iran crude imports for April down 44.4 pct yy
South Korea’s imports of Iranian crude in April fell nearly 45 percent from a year ago to 4.18 million barrels, official data showed on Wednesday, below expectations just ahead of talks with Washington to extend a waiver for US sanctions on Tehran. The world’s No.5 crude buyer and one of Iran’s top four customers bought 139,400 barrels per day (bpd) from Iran in April, up 7.5 ...
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S. Korea advised to focus on expanding nuclear exports
South Korea’s new administration needs to focus on finding ways to expand its nuclear exports, especially to the Middle East, as it plans to resume talks with the United States on their civilian nuclear cooperation, experts here said Tuesday. Seoul and Washington are moving to hold talks on the issue in Seoul in the first week of June, which would be the first round since they agreed to ...
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Greek PM invites China to ‘join Greece’s success story’
Officials in Brussels and Washington may view China’s global shopping spree with alarm, as the Asian power house continues to buy up companies, sovereign debt, ports, and bridges around the world. But the Greeks are already dusting off the red carpet. On a five-day visit to Beijing that ended Monday, Greek prime minister Antonis Samaras eagerly invited the Chinese to ';join ...
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Yet Another China Growth Downgrade
Another week, another downgrade as pessimism spreads about China’s economic prospects. This time it’s UBS Securities (UBS), which cut its 2013 forecast for gross domestic product expansion from 8 percent to 7.7 percent. ';Increasingly evidence suggests that growth will be weaker than we previously envisaged,'; writes Tao Wang, UBS’s chief China economist, in a May 21 ...
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China factory blast leaves 13 dead 20 missing
A blast which ripped through an explosives plant in China has left 13 people dead and another 20 missing, an official said Tuesday, compounding the country’s poor industrial safety record. Another 19 people were injured in the explosion on Monday at a three-storey workshop owned by Poly Explosives (Jinan), a state-owned company in the eastern province of Shandong, the Xinhua news agency ...
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China’s Li offers to help end Pakistan’s energy crisis
China and Pakistan should make cooperation on power generation a priority, Chinese Premier Li Keqiang said, as Islamabad seeks to end an energy crisis that triggers power cuts of up to 20 hours a day, bringing the economy to a near standstill. Li arrived in the Pakistan capital on Wednesday on the second leg of his first official trip since taking office in March after a visit to ...
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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