Latest Asia Pacific News
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Taiwan-US trade relations forum to take place in Kaohsiung Friday
TAIPEI -- The fifth annual Taiwan-U.S. Commercial Forum will take place in Kaohsiung Friday, focusing on the development of bilateral trade relations and the prospects for further economic cooperation, the organizers said ...
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Taiwan to be theme country for Spanish film festival this summer
TAIPEI -- Taiwan has been chosen as the theme country of the 10th Asian Summer Film Festival in Spain to be held July 9-14, the Ministry of Culture said ...
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The 4 hedge funders losing big in the Japan rout
There's one big winner, too. FORTUNE -- The "Abe Trade" just hit a major bump. Toward the end of last year, a number of large hedge funds began piling into Japan. Driving the bet was the country's new prime minister Shinzo Abe, who said he favored flooding Japan's markets with cash from its central bank in order to finally pull its economy out of its perpetual slump. ...
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Portraits of Uighurs Chinas Embattled Muslim Minority
A woman takes a break from her afternoon work in the fields to pray.(Eleanor Mouseman) China's Xinjiang Uighur Autonomous Region is the country's largest province, a vast land mass bordering seven countries that is almost as large as Mongolia. The region is the traditional home of the Uighur people, one of China's 55 official ethnic minority groups and one, along with the Tibetans ...
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IAEA Delivers Final Report to Japan After Initial Review of Plans to Decommission Fukushima Daiichi
Two IAEA experts examine recovery work on top of Unit 4 of TEPCO's Fukushima Daiichi Nuclear Power Station on 17 April 2013 as part of a mission to review Japan's plans to decommission the facility. (Photo: G. ...
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Britain names soldier killed in London by suspected Islamists
Manchester United fan and a drummer in the military band, he had also served in Germany and Cyprus but was at the time of his death working in London. "An extremely popular and witty soldier, Drummer Rigby was a larger than life personality within the Corps of Drums and was well known, liked and respected across the Second Fusiliers," said a statement from the ministry of defence. ...
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London attackers were Britons of Nigerian origin Report
LONDON: British authorities believe that two men accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries are British of Nigerian descent, a source close to the investigation said on Thursday. Local media named one of the two suspects as British-born, 28-year-old ...
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UN World Bank Say Development is Key to Congo Peace
GOMA -- United Nations Secretary-General Ban Ki-moon has been visiting the war-weary city of Goma in eastern Democratic Republic of Congo (DRC), accompanied by the president of the World Bank, Jim Yong Kim. Both men stressed they see investing in development as the way out of Congo’s conflicts. The front lines outside Goma were silent on Thursday morning as Ban and Kim conducted their ...
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New Standards Approved for Extractive Industries
New performance standards have been announced (5/23) for oil, gas and mining companies, requiring them to be much more transparent in their business dealings. to De Capua report on extraction industries The Extractive Industries Transparency Initiative approved the new performance standards at a meeting in Sydney, Australia. Created in 2003, the initiative includes government, ...
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Slaughter of Horses in Australia Described as Inhumane
Canberra, May 23 (Prensa Latina) Animal rights groups described as inhumane and cruel the governmental procedure to slaughter thousands of wild horses in the outback, 300 kilometers southeast of Alice Springs city. The Australian organization of animal defenders said that the killing of 100,000 individuals by shooting them from a helicopter will make those wounded suffer a lingering death, ...
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A Look Ahead To The Flash Point In The South China Sea
Beijing continues to pressure its neighbors over strings of disputed areas in the South China Sea that reportedly hold massive deposits of oil and gas. The ongoing disputes raise serious questions about China's goals in the region and how the United States should address escalating ...
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Silvercorp net income drops as mining costs rise in China
Silvercorp Metals reported net income down 34 percent to $6.4 million from the same quarter a year ago citing the effects of higher production costs, lower metal prices, and falling metal ...
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China close to starting freeze of terrorist assets
China on Thursday released a draft regulation to put pressure on terrorist groups by freezing their assets, a significant move in the battle against terrorism at home and around the world.The regulation, drafted by the People's Bank of China (PBC), the Ministry of Public Security and the Ministry of State Security, was released on Thursday to solicit public opinions. The draft applies to ...
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Japan’s Nikkei Index Falls 7.3 for Several Reasons Europe and U.S. Indexes Dip after Japanese Nosedive JPMorgan Voters Keep CEO Dimon
YahooFinance ) The Japanese stock market’s single-largest, one-day loss since the 2011 tsunami featured a 7.3 percent plunge yesterday that was blamed on lower-than-expected Chinese manufacturing figures for April, the Federal Reserve's lack of a clear message on continuing quantitative easing and spiking Japanese bond prices.Elsewhere in the Far East, markets generally pulled back. ...
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Taiwan’s Wu joins IOC race vows to fight doping
Wu Ching-kuo Photo: CFP Taiwan boxing chief Wu Ching-kuo vowed Thursday to fight doping and match-fixing as he announced his bid to run for the presidency of the International Olympic Committee (IOC).Wu, head of the International Amateur Boxing Federation since 2006, formally unveiled at a press conference in Taipei his manifesto for one of the world's most prestigious sporting ...
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China survive Indonesia scare in quarters
Li Xuerui of China hits a return against Lindaweni Fanetri of Indonesia during their quarterfinal match at the 2013 Sudirman Cup world mixed team badminton championships in Kuala Lumpur on Thursday. Photo: CFP Defending champions China had to dig deep to avoid a surprise defeat to Indonesia, winning 3-2 on Thursday in the quarterfinals of the Sudirman Cup.Two days after whipping their ...
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Car crash kills 8 in SW China
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Shares fall on weak China factory data
New Zealand shares fell yesterday as the prospect of a winding down of US stimulus and weak Chinese manufacturing weighed on equity markets across Asia. Guinness Peat Group dropped after signalling a delay in its transformation strategy. Westpac Banking led lenders and insurers lower. The NZX 50 fell 21.59 points, or 0.5 per cent, to ...
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Solar subsidies dont merit costly trade war with China
By Kevin Allison and Christopher Swann, Reuters Breakingviews FORTUNE -- A trade war is brewing over solar panels but the casus belli looks shaky. Western manufacturers probably exaggerate the impact of cheap Chinese kit on the industry's health. Panel profits need to rise, but punitive tariffs and possible Chinese retaliation may just make solar energy less competitive. Europe's ...
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Girl 5 killed by suicide jumper in South Korea
Busan, South Korea. (Google Maps) A five-year-old South Korean girl died Wednesday night after a suicidal man jumped from the 11th floor of an apartment building and crushed ...
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U.S. China factories struggle Fed hints at less stimulus
By Andy Bruce and Steven C. Johnson LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before ...
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Taper Talk BoJ Action and China PMI Vaporizes Risk Appetite
(US) Initial Jobless Claims: 340K v 345Ke; Continuing Claims: 2.912M v 3.000Me (US) May Preliminary Markit US PMI Manufacturing: v 51.4e (MX) Mexico Q1 GDP (Current $) Y/Y: 3.0% v 4.2%e (US) Mar House Price Index M/M: 1.3% v 0.8%e; Q/Q: 2.0% v 1.5% prior (ZA) South Africa Central Bank (SARB) leavse Interest Rate unchanged at 5.00%, as ...
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Australia-India ink MoU for skills training in agri sector
NEW DELHI: India and Australia today signed an agreement for skill development in the agriculture sector. The Memorandum of Understanding (MoU) was signed between ...
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North Korea tries fax diplomacy with Seoul
South Korean authorities said they received a faxed statement from North Korea proposing joint activities to mark the anniversary of a cooperation agreement. The Yonhap news agency reported Thursday an unnamed civic organization said a fax was sent from North Korea proposing a joint celebration to mark the anniversary of a June 2000 declaration for economic cooperation. Former South Korean ...
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shifted much of its operations to China
Lithium-ion battery maker Boston-Power Inc. plans to cut about 30 jobs in the state as it expands in China, where the company is receiving $125 million in private equity and government ...
Osaka Digest
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Osaka sees first InterContinental hotel built
Osaka is a major travel destination within Japan and the wider Asian region for business travelers and leisure tourists alike. The city is an economic powerhouse and part of the backbone of the Japanese economy. It makes sense for InterContinental to finally open a hotel here then.
Osaka is the second command center of the Japanese economy after Tokyo, with a daytime and nighttime population that reflects the massive draw of the city as an economic powerhouse. Read more
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