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North Korea releases detained Chinese sailors Xinhua
North Korea has released 16 Chinese fishermen and their boat, Chinese state-run media said Tuesday, after reports that armed assailants had taken the sailors hostage and demanded a ...
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New crossroads of Asia
That is how Myanmar is being portrayed, and not without reason. For both China and the United States, the stakes couldn't be higher. China has invested heavily in the country. According to an article published recently in the New York Times "the pipelines are finished. The oil storage tanks gleam in the tropical sun. The deep-sea port set in jade-coloured waters awaits the first ships ...
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Asia Brands up Kenanga Research has Outperform
initiated coverage with an Outperform rating and a target price of RM4. At 10.50am, it was up 14 sen to RM3.28. There were 140,100 shares done. The FBM KLCI rose 6.79 points to 1,783.94. Turnover was 1.15 billion shares valued at RM767.72mil. There were 471 gainers, 275 losers and 246 counters unchanged. Kenanga Research's target price of RM4 was based on 8.5 times FY14E price-to-earnings ...
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ASIA MARKETS Hong Kong Sydney Stocks Fall Tokyo Seesaws
HONG KONG – Australian stocks declined, and Hong Kong equities pulled back from a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy.The S&P/ASX 200 dropped 0.7% in Sydney, and the Hang Seng Index gave up 0.2% in Hong Kong.Japan's Nikkei Stock Average was up 0.1%, but struggling for direction after a sturdy rally ...
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No new H7N9 cases in China for a week government
No new human cases of the H7N9 virus have been recorded in China for a week, national health authorities said, for the first time since the outbreak began in ...
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EM ASIA FX-Taiwan dollar won baht firmer
May 21 (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 102.60 102.27 -0.32 Sing dlr 1.2552 1.2542 -0.08 Taiwan dlr 29.876 30.030 +0.52 Korean won 1114.60 1116.80 +0.20 Baht 29.75 29.81 +0.20 Peso ...
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Arrow Asia Pac Ltd. Recognized as Caring Company for its Social Responsibility Contribution by the Hong Kong Council ...
ARW ) announced that Arrow Asia Pac Ltd. was honored with the Caring Company logo by the Hong Kong Council of Social Service (HKCSS), a reflection of the company's commitment of caring for the staff and capitalizing on its strengths and resources to remunerate the community. ...
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Asia Roundup Higher on better US data
Asian shares rose yesterday, Monday May 20 2013 reflecting a bullish mood on Wall Street and extending their two-week rally, buoyed by better-than-expected US data. Tokyo stocks were up 1.47 per cent, or 222.69 points, to 15,360.81, and Sydney gained 0.54 per cent, or 28.2 points, to close at 5,209.0. Shanghai closed up 0.75 per cent, or 17.12 points, to 2,299.99, and Seoul finished flat at ...
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Asean Youths Vital To Regional Business Industry
Bandar Seri Begawan - As part of efforts to further promote the importance of entrepreneurship amongst the younger generation in the region, the first Asean Youth Entrepreneurs seminar and exposition was held yesterday following the launching ceremony officiated by Pehin Orang Kaya Pekerma Laila Diraja Dato Seri Setia Awang Hj Hazair bin Hj Abdullah, the Minister of Culture, Youth and Sports to ...
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GLOBAL MARKETS-Dollar index off 3-year high Asian shares ease
Mon May 20, 2013 9:16pm EDT * Dollar index backs off from near three-year high * MSCI Asia Pacific ex-Japan eases 0.1 percent By Masayuki Kitano SINGAPORE, May 21 (Reuters) - The dollar nursed losses versus a basket of currencies on Tuesday, having retreated the previous day as traders pared back expectations that U.S. Federal Reserve Chairman Ben Bernanke would hint at tapering bond buying this ...
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India Protect Bangladesh War Crimes Trial Witness
Those involved in his abduction may have assumed Bali would be killed by the Indian Border Security Force when he was pushed into India, or that he would permanently disappear. There is a real risk to Bali if he is returned to Bangladesh, as he could expose those involved in his abduction. Bali needs access to an independent lawyer and UNHCR so that he can make an informed decision about whether ...
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23 Hezbollah members killed in SyriaSyrian government forces pushed deeper into a strategic rebel-held town near the Lebanese border battling rebels in fierce street fighting Syrian state-media said on Monday.
The Britain-based Syrian Observatory for Human Rights said that more than 100 Hezbollah members have been wounded in the fighting around the town of ...
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37 dead as massive tornado roars through US suburb death toll expected to rise
Oklahoma City suburbs , killing at least 37, flattening entire neighborhoods with winds up to 200 mph (320 kilometers) and landing a direct blow on at least one school. An Oklahoma Medical Examiner's Office spokeswoman said the death toll was expected to rise. Officials at two hospitals said they're treating nearly 60 patients, including more than a dozen children. At least 10 people ...
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Barack Obama pledges help after Oklahoma tornado
Mary Fallin to express his concern about a monstrous tornado that killed 37 people and wreaked havoc in the Oklahoma City suburbs. The White House says Obama told the governor that he's directed the government and the Federal Emergency Management Agency to provide any assistance she needs. FEMA has sent a special team to Oklahoma's emergency operations center to help out and dispatch ...
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Etisalat to Showcase CSR Projects From Across ME Africa and Asia at 10th CSR Summit in Dubai
WAM ABU DHABI, May 19th, 2013 (WAM) -- The heads of Corporate Social Responsibility from Etisalat's operations in Afghanistan, Benin, Gabon, Egypt, Niger, Nigeria, Pakistan, Saudi Arabia, Togo and the UAE are travelling to Dubai to present their projects and engage with stakeholders to form new partnerships at IIR Middle East's 10th annual CSR Summit to take place in Dubai. During ...
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Zim to Boost Asia-South America Rates in Mid-June
will raise rates for all shipments on its trade from Asia to the east coast of South America, starting June 15.The increase will be $500 per 20-foot container and $1,000 per 40-foot container, the carrier said.Containerized exports from Far East Asia to South and Central ...
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Asian celebrities recruited to promote Australia
Tourism Australia has called on popular Hong Kong actor, Ekin Cheng, to showcase Cairns and Sydney to the Asian market in a new television travel series. Joined by fellow celebrities Andy Chai Siu Chun, Jacqueline Wong and Lai Yi, the group will film the travelogue series, ‘Tailor Made Tours’, which were designed to attract more visitors from Greater China. Expected to reach an ...
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Vanuatus Prime Minister visits Huay Hong Krai development project
Vanuatu's prime minister Moana Carcasses Kalosil has visited the Huay Hong Khrai development study center in Chiang Mai to retrieve know-hows that might be applied in his own country.Ni-Vanuatu Prime Minister Moana Carcasses Kalosil was in Chiang Mai to attend the 2nd Asia-Pacific Water Summit, which drew to a close on Monday (May 20). Mr. Kalosil visited the Doi Suthep temple, a popular ...
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India opens exit door for workers in Saudi Arabia
DUBAI: India on Monday started verification and issuance of emergency certificates allowing its citizens to leave Saudi Arabia following concerns over a new labour policy in the Gulf kingdom. The schedule announced is for the delivery of the first batch of 12,000 emergency certificate applications received at the Indian embassy in Riyadh and nearly 3,000 in Saudi's Eastern Province. The ...
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Asia Seen Cautious Central Banks Watched
Asian stock markets are expected to open little changed on Tuesday as a cautious tone sets in following a lackluster lead from Wall Street and as central banks get back into the driving seat. Japan's benchmark index may take a breather after charging to a fresh five-and-a-half year high on ...
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Asia-Pacific high-achievers honoured for exemplary performance
Honouring the best: Yong (second from left) presenting the Asia- Pacific Top Golden Brand Products award to Agro Yuli Sdn Bhd managing director Teck Tan Jing Shu (third from left) and director Tan Jing Choon (fourth from left). With them are (from left) Asia- Pacific Top Excellence Brand Nomination Committee (Malaysia) chairman Robert Tan, Asia-Pacific Top Excellence Brand Nomination Committee ...
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North Korea Stop Crackdown on Economic ‘Crimes’
The collapse of North Korea's public distribution system of food and other necessities fuelled a survival response resulting in increased private economic activities. North Koreans also have greater access to information through technology, so they know how the rest of the world is living and how bad the situation is at home. The response by North Korean police and security officials has ...
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Hindi to be included in Australian school curriculum
MELBOURNE: A vast untapped pool of skilled Indian migrants should be used to teach Hindi in Australian schools and universities, according to a report. The report by Melbournebased think tank Australia India Institute argues for the inclusion of Hindi in Australia's school curriculum, saying it should be an essential part of the Commonwealth's Asia policy. Authored by well known ...
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Monster tornado flattens suburb of Oklahoma City reports say four people killed
Oklahoma City on Monday, tearing up at least two schools and leaving a wake of tangled wreckage as a dangerous storm system threatened as many as 10 US states. Television video showed homes destroyed, cars tossed and at least one building on fire. Rescue workers were pulling third-graders from a damaged school in Moore, Oklahoma, a KFOR television reporter said from the scene. "I have never ...
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Benazir death Pervez Musharraf gets bail on way out of Pakistan
Benazir Bhutto assassination case. Judge Chaudhry Habibur-Rehman of the anti-terrorism court in Rawalpindi granted bail to Musharraf against two surety bonds of Rs 10 lakh each. In the morning, the judge had reserved his decision after hearing arguments by lawyers of both sides. The judge announced his decision in the afternoon. During the arguments, Musharraf 's lawyer Salman Safdar said ...
Mumbai Digest
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Mumbai taxis to be better ambassadors of the city
Taxi drivers in Mumbai are going to be educated on the finer points of etiquette, according to Mumbai news reports, and the local government insists this will improve tourism and local transport in the city and wider state.
All residents of Mumbai know that their city is the largest in India, the richest by GDP in South and Central Asia and the second biggest city in the world by population. It is the economic powerhouse of the country and is advanced to a world-class level in many ways, such as the Bombay Stock Exchange, the oldest in Asia, major development initiatives such as Nairman Point and the location in Mumbai of five Fortune 500 companies. Read more
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