Latest Asia News
RSS-
Suicide bomber kills 3 in northwest Pakistan
Police say a suicide bomber walked up to a vehicle owned by an Afghan religious leader in northwestern Pakistan and set off his explosives, killing three ...
-
Abe on 1st trip to Myanmar by Japan PM in 36 years
Prime Minister Shinzo Abe is traveling to Myanmar on the first visit to the country by a Japanese leader in 36 years, as Tokyo bids to reassert its position as a top economic partner after decades of frosty relations with the previous military ...
-
Dai-ichi expands in Southeast Asia with Panin Life deal source
By Taiga Uranaka TOKYO | Fri May 24, 2013 7:10am EDT TOKYO (Reuters) - Japan's Dai-ichi Life Insurance Co Ltd (8750.T) has agreed to buy a 40 percent stake in Panin Life from the parent of the Indonesian insurer for around 30 billion yen ($295 million), a source with direct knowledge of the matter said. The stake acquisition by one of Japan's top four life insurers is the latest ...
More Asia News
RSS-
Asia Goes on a Debt Binge as Much of World Sobers Up
In the heart of Kuala Lumpur lies the abandoned foundation of Plaza Rakyat, a never-built skyscraper and shopping mall. Rusty rebar jutting from concrete pilings and fetid green pools of rainwater serve as an unintended monument to the debt crisis that ravaged Asia in the late 1990s. Today, less than a half mile from the abandoned project, the next boom is under way in the Malaysian metropolis. ...
-
Foreign preacher takes rare turn on Vietnam stage
The 25,000 people at the soccer stadium and the millions more watching at home waited 90 minutes before the Australian evangelical preacher got to the message he had come to Communist-ruled Vietnam to ...
-
UK soldiers killing Attacker wielding butcher knife is a Christian who converted to Islam
LONDON: A man seen with bloody hands wielding a butcher knife after the killing of a British soldier on the streets of London was described as a convert to Islam who took part in demonstrations with a banned radical group, ...
-
SE Asia Stocks-Indonesia Vietnam recover from previous sessions falls
JAKARTA, May 24 (Reuters) - Indonesian and Vietnamese shares rebounded from their previous session's steep falls, while most Southeast Asian markets were closed on Friday for a local holiday. Jakarta's Composite Index rose 0.66 percent to 5,155.09, boosted by a 2 percent jump in property shares. Vietnam's broader benchmark index closed up 0.4 percent as ...
-
No guarantee of peace NKorean envoy warns China
BEIJING (AP) -- China told a top North Korean envoy Friday it wants a peaceful, denuclearized Korean Peninsula, and said the emissary warned there is "no guarantee of peace" but that his country was willing to hold talks with all ...
-
2 former sex slaves demand Japan mayor quit
OSAKA, Japan (AP) -- Two Korean former sex slaves demanded the resignation of an outspoken Japanese mayor and canceled a meeting with him Friday for justifying Japan's wartime practice of forcing tens of thousands of Asian women into prostitution for its ...
-
London killers are Britons of Nigerian originBritain experienced a communal backlash against Muslims within 24 hours of a young serving soldier being butchered with stone age savagery in Woolwich by two radical British Nigerians who had chang
Woolwich by two radical British Nigerians who had changed from being "devout Christians to Muslims" recently. Mobs calling themselves English Defence League clashed with riot police after Wednesday's "terror attack" . Mosques in Woolwich, Braintree in Essex and Gillingham in Kent were attacked with bricks and bottles. Fearing such backlash could intensify and affect all ...
-
Obamas drone speech welcomed in Pakistan Yemen
ISLAMABAD (AP) -- President Barack Obama's speech on the use of drones to kill Islamic militants was well-received in two countries most affected by the strikes - Pakistan and Yemen - but criticism of the U.S. policy remains ...
-
UPDATE 1-Morgan Stanley names Leleu Cheng in Asia ECM shakeup
Fri May 24, 2013 5:23am EDT HONG KONG May 24 (Reuters) - Morgan Stanley has named Jerome Leleu and Mille Cheng as co-heads of Asia Pacific equity capital markets in a shakeup of its management of that division, according to an internal memo obtained by Reuters on Friday. The pair replace Justin Haik, who takes on a newly created senior client relationship role in the same unit, the memo ...
-
White House welcomes Burmese president as new ally in “pivot to Asia”
A meeting between US President Barack Obama and Burmese President Thein Sein in the Oval Office of the White House on Monday signalled Washington's embrace of the Burmese military-dominated government, as part of its efforts to strategically encircle China. Thein Sein is the first Burmese leader to be hosted in the White House since former junta leader General Ne Win's visit in 1966. ...
-
Weekend Plantings Downy Jasmine Asian Fruit Tree More
A plant so common that it often fades into the background is downy jasmine, a sprawling, viney shrub from East Asia. An evergreen species, downy jasmine (Jasminum multiflorum) bears small, starry, white flowers with a pleasing fragrance. Blossoms are produced year-round but peak in the warm months. Although this versatile, glossy-leaved plant can grow 10 feet tall in sun or light shade, ...
-
Business Briefs May 24
* The Securities Depository centre said that it has transferred the ownership of 389,057 shares of Long Hau JSC (LHG) from Ban Viet Securities Investment Fund to 21 investors on May 22. * PetroVietnam general Services Joint Stock Corp (PET) has sold 788,880 treasury shares as registered at an average price of ...
-
Asia Roundup US Fed and China news spook marts
Hawkish comments by United States Federal Reserve chairman Ben Bernanke and weakness in China’s factory activity rocked Asian markets yesterday,Thursday May 23 3013 taking the dollar to three-year highs, sending share markets lower, and hitting the Japanese government bond market as yields rose to their highest in a year. Stock and bond markets took their cue from the drop in US equities ...
-
Asia to be largest LTE market says Nokia Siemens Networks greater China head
Asia is expected to be the largest LTE market among regions around the world in 2015, Greater China president Markus Borchert for Nokia Siemens Networks said at the LTE Marketing Forum in Taipei on May ...
-
Morgan Stanley names new co-heads of Asia-Pacific ECM -memo
HONG KONG | Fri May 24, 2013 5:01am EDT HONG KONG May 24 (Reuters) - Morgan Stanley has named Jerome Leleu and Mille Cheng as co-heads of equity capital markets in the Asia Pacific region, according to an internal memo obtained by Reuters on Friday. The pair replace Justin Haik, who takes on a newly created senior client relationship role in the same division, the memo said. Leleu ...
-
Emergency landing closes both Heathrow runways
British Airways plane made an emergency landing. Heathrow officials said passengers were evacuated safely on Friday morning. British Airways says more information will be provided ...
-
Li still flying the Asian flag by herself
Paris – Li Na's momentous French Open title win of 2011 was expected to open the floodgates for Asian – and in particular Chinese – players in world ...
-
Asia Markets Japan stocks end up after roller-coaster ride
HONG KONG (MarketWatch) -- Japanese shares ended modestly higher Friday after a roller-coaster ride that subjected the Nikkei Stock Average to a swing of more than 3% on both sides of the previous day's ...
-
Magnitude 8.2 earthquake strikes Russian Far East off Kamchatka
LONDON (Reuters) - A magnitude 8.2 earthquake struck Russia's Far East in the Sea of Okhotsk off the Kamchatka Peninsula, according to the U.S. Geological Survey. The epicentre of the quake was located 244 miles west north west of Petropavlovsk-Kamchatskiy at a depth of 385 miles, the USGS said. (Writing by John ...
-
Police Suicidal jumpers fall kills SKorean girl
South Korea (AP) -- South Korean police say a suicidal man jumping to his death killed a 5-year-old girl by falling on her as she walked with her parents outside the apartment building. ...
-
Asian markets mixed in volatile trade
Asian markets were mixed Friday in rollercoaster trade after routs sparked in part by fears of tighter US monetary policy, with Tokyo ending higher a day after suffering its worst drop since the March 2011 quake-tsunami disaster. Regional markets swung wildly after falling Thursday on indications from US Federal Reserve chief Ben Bernanke that the Fed could soon start scaling back massive ...
-
Most Asian stock indexes are lower
The appetite for risk is neutral after improving in the US session on Thursday upon dissecting Wednesday's Federal Reserve reiteration of the likely scaling back its asset purchase program in June. All eyes are on Germany's Ifo report. But volatility persisted in the Nikkei 225. Most foreign currencies remain relatively firm after all reversed losses the day before. Most Asian stock ...
Mumbai Digest
-
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
News from around our Network
