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Reforming Telecommunications in Burma
This 24-page report outlines steps necessary to promote adequate protections for Internet and mobile phone users in Burma, and ways to foster responsible investment in Burma's telecom sector. In January 2013, the Burmese government announced plans to open the country's telecom sector to foreign investment and is scheduled to award two nationwide licenses to companies by June 27. As of ...
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Knox murder acquittal had discrepancies Italian courtItalys top court said on Tuesday it had ordered a re-run of the Meredith Kercher murder trial because the acquittal of American Amanda Knox and her ex-boyfriend contained shortcomings cont
American Amanda Knox and her ex-boyfriend contained "shortcomings, contradictions and inconsistencies". Knox and Italian Raffaele Sollecito were initially found guilty of killing the 21-year-old Leeds University student in 2007 during a drug-fuelled sexual assault, but both were cleared on appeal in 2011. In March this year, Italy's top appeals court overturned that acquittal and ...
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HIGHLIGHTS-Q2 ThomsonReutersINSEAD Asia Business Sentiment Survey - by sector
MUMBAI, June 19 | Tue Jun 18, 2013 11:19pm EDT MUMBAI, June 19 (Reuters) - Optimism among Asia's top companies gathered momentum in the second quarter despite lingering concerns about the global economy and rising costs, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday showed. The Thomson Reuters/INSEAD Asia Business Sentiment Index climbed ...
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Malaysia budget airport launch pushed to May 2014
Airport workers unload passenger baggage from an AirAsia Bhd airplane at the Low Cost Carrier Terminal in Kuala Lumpur, Malaysia, on Feb 25, 2009. Malaysia's airport operator says the launch of a new airport for budget carriers has been further delayed by 10 months to May 2014 due to a setback in construction. -- FILE PHOTO: ...
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EM ASIA FX-Baht ringgit Philippine peso won weaker
June 19 (Reuters) - The following table shows the position of Asian currencies against the dollar at 0135 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at 0135 GMT Currency Latest bid Previous day Pct Move Japan yen 95.44 95.38 -0.06 Sing dlr 1.2625 1.2623 -0.02 Taiwan dlr 29.905 30.002 +0.32 Korean won 1134.30 1131.10 -0.28 Baht 31.04 30.82 -0.71 Peso ...
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Asian markets subdued as Fed looms Nikkei rallies
the rest of Asia was restrained as investors waited for clarity on the Federal Reserve's next policy step. Major currencies were subdued as well ahead of the outcome of the ...
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REFILE-WRAPUP 1-Asian stocks to lead the way to years end Fed seen pulling back - poll
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China ‘Benefit the Masses’ Campaign Surveilling Tibetans
It's hard to see the 'benefit' to Tibetans of thousands of political education sessions, partisan quasi-police force operations, and scrutiny of their political views. In a region where people are already subjected to extraordinary monitoring, this village-level drive, alongside similar efforts directed at towns and monasteries, effectively means that Tibetans cannot avoid state ...
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Australian sentenced for life for migrants murder
MELBOURNE, Australia -; A serial sex offender has been sentenced to life in prison for a rape and murder that outraged Australia's second-largest ...
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Asia Roundup Mixed as US Fed prepares for meeting
Asian markets were mixed yesterday, Tuesday June 18 2013 with traders sitting on the sidelines as they await the US Federal Reserve’s plans for its stimulus programme. The dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data. Tokyo stocks dropped 0.20 per cent, or 25.84 points, to 13,007.28, after jumping 2.73 per cent the ...
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FIFA World Cup Asian qualifying results
Following are the results of FIFA World Cup Asian qualifiers on Tuesday:At SydneyAustralia 1, Iraq 0At SeoulSouth Korea 0, Iran 1At TashkentUzbekistan 5, Qatar 1Note: Australia, South Korea and Iran have qualified for the World Cup ...
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East Asia trade pact to help ease tensions
The free trade talks involving China, Japan and South Korea must be accelerated to help ease political tensions and meet challenges from other FTAs, officials said on Tuesday. "Whatever the political relations, the FTA will go on as the three sides pursue win-win-win results and mutual economic benefits," Shin Bong-kil, secretary-general of the Trilateral Cooperation Secretariat, told ...
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Hairy stockings to fend off perverts
Sina Weibo -- the Chinese equivalent of Twitter -- purports to promote 'hairy stockings'. The picture shows a pair of legs hairy from thigh to ankle but nonhairy feet -- leaving the gender of the subject open to debate. "Super sexy, summertime anti-pervert full-leg-of-hair stockings, essential for young girls going out," the post reads, according to trend watcher ChinaSMACK. ...
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Four Americans killed in attack on Afghan base US official
US defense official said. The deaths were caused by insurgent "indirect fire," either mortars or rockets, said the official, who spoke on condition of anonymity. The report of casualties came hours after ...
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GLOBAL MARKETS-Nikkei outperforms Asian stocks as Fed looms
Tue Jun 18, 2013 11:38pm EDT * Asian stocks softer as Fed outcome awaited * Markets hope for clarity on any pullback in Fed stimulus * Nikkei up as softer yen boosts exporters; currencies mostly steady By Ian Chua SYDNEY, June 19 (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street plus a softer yen, outperforming the rest of Asia which anxiously seeks ...
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Hapag-Lloyd to Add Bahrain Call to Intra-Asia Services
will add a direct port call at Bahrain to its South China Sea Express and Middle East Express services.The new rotation will begin on Aug. 12, with the sailing of the NYK Theseus, voyage 26w/27e33, according to the container ...
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Cambodia Court Upholds Unjust Verdict - Human Rights Watch
Cambodian court’s ruling upholding the conviction of a land rights activist on trumped-up charges shows the political use of the country’s legal system to persecute critics of the government, Human Rights Watch said today. On June 14, 2013, the Court of Appeals in Phnom Penh affirmed a guilty verdict on charges of aggravated assault against Yorm Bopha, while reducing her three-year ...
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Market expected to be quiet in Asia ahead of the FOMC
Big one-off flows continue to dominate the FX market and once again we saw the EUR and the AUD headed in different directions on the back of some significant flows. The market took a dovish approach to the RBA minutes, although personally I failed to see anything new or surprising in the June minutes. EZ data was quickly ignored and the market concentrated instead on pushing through some big ...
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Yen Holds Decline Versus Dollar on Stock Gains Fed Prospects
The yen extended declines against the dollar before the Federal Reserve starts a two-day meeting today amid speculation about when the central bank will slow its quantitative easing programme of bond purchases. The currency weakened against most of its 16 major peers after a Bank of Japan report showed its current-account balance will rise to a record amid unprecedented monetary stimulus. ...
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Emerging Stocks Drop on Stimulus Concern as Philippines Rallies
Emerging-market stocks fell for the first time in three days amid concern rising Chinese home prices will limit the scope for monetary stimulus. Shares in the Philippines and Indonesia surged. GCL-Poly Energy Holdings Ltd (3800) tumbled 12 percent in Hong Kong after a unit of China’s sovereign-wealth fund agreed to sell a stake in the company. S-Oil Corp. and Lotte Chemical Corp. ...
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Alibaba-Backed Sinosoft Tech Plans $60 Million HK IPO
Sinosoft Technology Group, an export-services software firm in which Alibaba Group owns a 25 percent stake, is planning to raise around $60 million in an initial public offering in Hong Kong, a person familiar with the situation said Monday. The firm will start taking institutional investors’ orders from Wednesday and plans to list on the Hong Kong stock exchange on July 5. Alibaba ...
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REITS in HK Singapore Lose Their Allure
Hong Kong and Singapore have seen a spate of initial public offerings by trusts playing on investors’ desire for two elements in recent months: yield and hard assets.But a recent selloff in real-estate investment trusts in both cities hints at the fading allure of dividend-paying stocks, as concerns that the US Federal Reserve may soon scale back its stimulus moves have driven up Treasury ...
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Taiwan outpost looks to former foes for survival
Matsu used to be the most dangerous assignment there was for draftees into Taiwan’s military. Located only 9km from the coast of mainland China, commanders in the island group told of a time decades ago when Chinese special forces frogmen would land under the cover of darkness and kill unsuspecting young soldiers on guard duty. Nowadays, the islands and their residents are looking to the ...
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Taiwan Negotiations With Philippines To Continue
Taiwan and the Philippines are expected to hold another meeting early next month to continue negotiating on fishing operations in the overlapping waters of their exclusive economic zones, an official said yesterday. The second preparatory meeting – to pave the way for fishery talks between the two countries – is set to take place in Taipei, said Benjamin Ho, director-general of the ...
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UN chief Any US-N Korea talks must focus on denuclearising Korean peninsula
Secretary-General Ban Ki-moon believes any dialogue between the United States and North Korea should focus on the goal of denuclearising the Korean peninsula, a UN spokesman said Monday. UN deputy spokesman Eduardo del Buey said that Ban also believes inter-Korean dialogue is key to defusing tensions and ensuring peace on the peninsula. Ban’s spokesman was asked to comment on North ...
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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