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Blind activist who escaped house arrest says China cant be trusted
LONDON: "Hindi-Chini bhai-bhai" may be the flavour in Delhi after the recent visit of Chinese premier Li Keqiang. However, a strong word of caution has come from one of China's most wanted men Chen Guangcheng. Chen, a blind activist who became an international hero after he became the first person to escape house arrest in Beijing for exposing forced abortions and sterilizations ...
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US family leaves Singapore frustrated with inquest
SINGAPORE -; The parents of an American software engineer found dead in his Singapore apartment last year left the city-state Thursday before the end of a coroner's inquest, saying they had lost faith in the process. Their lawyer said they would push for a U.S. congressional ...
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Markets roiled by Nikkeis 7.3 percent slide
A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo ...
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China ASEAN jointly recommend brands
The China-ASEAN Business Council (CABC) held a press conference in Beijing on Thursday to release a list of recommended brand-name products manufactured by China and the ASEAN bloc.Sixty companies and products from China were listed, as well as 45 companies from ASEAN countries.The recommendation list is intended to enhance understanding between both sides and promote economic cooperation, said ...
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Hands soaked in blood London knifeman declares his creed on video
By Peter Griffiths and Estelle Shirbon LONDON | Thu May 23, 2013 7:33am EDT LONDON May 23 (Reuters) - A young man with bloodied hands holds a knife and a meat cleaver soaked in blood as he faces the camera to say he has just killed a soldier on a London street in retaliation for the deaths of Muslims killed by British troops in faraway lands. As the man speaks, a woman in a blue skirt ...
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‘Asian Century’ raises own tough challenges
Christian Forneck, senior foreign policy adviser at the Christian Democratic Union/Christian Social Union Parliamentary Group in the German Bundestag Our discussion is about the beginning of a multipolar era in which there are many new power centers around the world. It doesn't matter if you believe in the thesis of "US decline," or "the demise of the West." One thing is ...
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Does Asia Slump Signal US Correction
: "I think I'd be more likely to be buyer than a seller. First of all, markets correct from time to time. That's natural whether it's in Japan or over here." "We want the Fed to taper because that means the economy is getting better," Keon added, saying the underlying economy is "stronger than people think" because the fiscal drag of the tax increases ...
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Asia Fuel Oil-Cash premiums up on supply tightness seen end June
SINGAPORE, May 23 (Reuters) - Asia fuel oil cash premiums rose on Thursday, as traders turned their attention to tighter Western arbitrage flows in the second half of June, which are expected to keep the market supported, at least in the medium term. Asia cash premiums for the 380-centistoke (cst) benchmark for the marine fuels market was valued at 69 cents a tonne, up 44 cents ...
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Asia Pacific Digital Brands and Retailers in Asia Pacific Struggling to Bring E-Commerce Offerings to Market Quickly
Complexity and service provider fragmentation significant barriers to taking businesses online SINGAPORE, May 23, 2013 /PRNewswire/ -- eCommerce in Asia Pacific is growing at a fast pace and by the end of 2013 is expected to overtake North America as the region with the world's highest B2C eCommerce revenues (Note 1). Despite this positive backdrop, brands and retailers face a high level ...
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Asia Distillates-Gasoil margins slip on weak Indonesian demand
SINGAPORE, May 23 (Reuters) - Asian gasoil margins slipped on Thursday as diesel demand from Indonesia failed to revive even ahead of the Muslim fasting month of Ramadan, when demand usually peaks, traders said. The June gasoil crack fell 62 cents to $16.26 a barrel above Dubai crude, Reuters data showed. Indonesia's diesel demand is expected to remain weak at least until ...
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Asia tension could lead to conflict—DFA chief
Foreign Secretary Albert del Rosario. AP FILE PHOTO TOKYO -- The Philippines on Thursday warned that territorial rows in Asia are ';causing considerable tension that could lead to conflict'; as several countries face off with China over island claims. Foreign Affairs Secretary Albert del Rosario, speaking at a Tokyo business conference, said China’s ';nine-dash line claim ...
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IHT Rendezvous Job Hunting in Asia Language Skills Count
HONG KONG — Asia has long exerted a magnetism for mobile Westerners in search of jobs and adventures. Tens of thousands of Europeans and Americans live in cities like Singapore and Hong Kong, which are financial and trading hubs with a long history of ties to the West. The global financial crisis ...
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Pakistan arrested American before he was killed in US drone strike
PESHAWAR, Pakistan - Pakistani authorities once arrested an American citizen now known to have been killed in a U.S. drone strike in the country, but he escaped after being released on bail. The Obama administration revealed Wednesday that Jude Kenan Mohammad died in a U.S. drone strike in Pakistan's tribal region, making him the fourth American citizen killed by unmanned aircraft in ...
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Mobile services shut for second day in Pakistan for Lis visit
Mobile phone services were suspended in the Pakistani capital and nearby Rawalpindi for the second day on Thursday as part of extraordinary security measures put in place to ensure an incident-free visit by Chinese Premier Li Keqiang here. Officials announced the suspension of cellular services between 1 pm and 5 pm local time in Islamabad and Rawalpindi. Yesterday, mobile services were ...
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Japan gyrations underline economys vulnerability
TOKYO -; Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of ...
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Asian Stocks Tumble On Fed Talk China Growth Concerns
Asian stocks tumbled on Thursday after minutes of the Federal Reserve's April 30-May 1 meeting revealed "a number" of members favor tapering the central bank's $85-billion bond-buying program as early as the June meeting if the labor market continues to improve. Fed chief Ben Bernanke also hinted that an exit could be initiated in the "next few meetings" if the ...
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Ageing Asia to strain worlds long-term economic growth
Vancouver, May 23 : The Asia-Pacific region will continue to power global economic growth in 2013, but the region's increasing ageing population will cast a shadow on the long-term development, according to a Canadian ...
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Asian markets sell off
Singapore - Hawkish comments by US Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rocked Asian markets on Thursday, took the dollar to three-year highs, sent share markets lower, and hit the Japanese government bond market as yields rose to their highest in a ...
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ASEAN power chiefs to follow up power grid plan
power utilities and authorities gathered on Thursday to follow up the progress of the ambitious ASEAN power grid action plan, which was set to inter-connect power lines in the 10 ASEAN member states by 2020. Speaking to reporters after the opening of the 29th meeting of the Heads of ASEAN Power Utilities and Authorities Council, Keo Rottanak, director general of the Electricity of Cambodia, ...
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Calls mount for Malaysias BN to move away from race-based politics
Two schoolgirls walk across a street as flags of Malaysia's ruling Barisan Nasional coalition fly above them in Kuala Lumpur, Malaysia. (AP Photo/Mark ...
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Speculation over N Korea envoys China trip
Speculation mounted over a top NorthKorean military official's visit to China on Thursday, as few details of his meetings were made ...
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India PM pledges to clean up defence sector
Indian Prime Minister Manmohan Singh pledged on Thursday to crack down on corruption in the defence sector after a string of recent graft scandals left his government facing renewed calls to step ...
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Mother of two tried to talk down London attackers
LONDON: A mother of two is being hailed for her bravery after it emerged she attempted to talk down the two Islamic extremists who killed a British soldier in a gruesome machete attack on the streets of ...
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SE Asia Stocks-Fall on Fed China data jitters Spore Thailand hit 2-wk low
BANGKOK, May 23 (Reuters) - Southeast Asian stocks fell on Thursday, with Singapore marking its worst week since November 2012 and Thai stocks at their lowest close in more than two weeks, as worries over the future of U.S. monetary stimulus and weak Chinese data dented global sentiment. Singapore, Thailand and Malaysia saw weakness in large caps such as Singapore Telecommunications Ltd, Siam ...
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RPT-WRAPUP 1-Asian markets sell off on Bernanke remarks China PMI
Thu May 23, 2013 6:05am EDT * Asian shares down after China HSBC flash PMI, credit spreads wider * Nikkei plunges 7 percent, 11th worst daily drop * JGBs bounce after 10-year JGB yield hits year highs * Korean won worst hit as dollar rises broadly By Masayuki Kitano and Hideyuki Sano SINGAPORE, May 23 (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in ...
Asia Feature
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Asia's largest ever infastructure project
The Trans-Asian Railway has been faltering since it was first proposed in the 1960s by the United Nations Economic and Social Commission for Asia Pacific (ESCAP). Throughout the 60s, 70s and 80s the project was hindered by political instability, the wars in Indochina, the reticence of China and a subsequent lack of finance in Asia for mega-projects of this kind.
Now, however, with China emerging as the number two most dominant economy in the world, the project to link two major continents (Asia and Europe) is finding its feet once more and the Chinese are looking into investment opportunities, with some aspects of the project, such as the several thousand kilometers that pass through Thailand, being slated for possible construction in 2013. Read more
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