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European Shares Fall Amid Worries About U.S. China
European shares fell sharply Thursday amid renewed concerns about the world's two biggest economies - the United States and China. The benchmark Stoxx Europe 600 slumped 2.22 per cent to 303.69 points in morning trading after signs that the US Federal Reserve might wind back its stimulus programme and the release of weak manufacturing data for China. The drop in the Stoxx 600 ...
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China its time to get some perspective
For all its vision and clarity, Australia's defence white paper belies a harsh truth: our relationship with China is beset with misperceptions, write Kerry Brown and Bates ...
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PH Taiwan seen to start talks on fishery agreement by June
Agriculture Secretary Proceso J. Alcala: Possible meeting in June. INQUIRER file photo MANILA, Philippines--The Philippines-Taiwan technical working group (TWG) may meet by the middle of the year on a possible fishery agreement, when officials hope that the recent issue over a Taiwanese fisherman would have cooled. "The meeting may be held, possibly, by June but perhaps it would be better ...
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UN official says China has offered troops to the new UN peacekeeping mission in Mali
A U.N. official says China has offered to contribute troops to a new U.N. peacekeeping mission in Mali, where Islamist jihadists controlled the country's north until French-led troops launched an offensive in January to oust them. Andre-Michel Essoungou, a spokesman for the U.N. peacekeeping department, told The Associated Press on Thursday that it "has received pledges and offers of ...
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Ford to retire Falcon when Australia plant closes in 2016
Ford Motor Co. will shed 1,200 jobs when it ends auto manufacturing in Australia in 2016, but ...
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UPDATE 8-Oil prices slip on China Fed concerns
* Chinese factory activity shrinks, raising demand doubts * U.S. single-family home sales rise 2.3 pct * Euro zone business downturn eases in May-PMI * U.S. gasoline stocks abundant ahead of driving season (Updates prices, adds para on U.S. equities) By Anna Louie Sussman NEW YORK, May 23 (Reuters) - Oil prices pared losses after falling to a three-week low on Thursday in a broader ...
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Greenergy to cash in on China ventures
MANILA, Philippines--Publicly listed Greenergy Holdings Inc. expects to start earning from its aggressive expansion program in China by the third quarter this year. Company president and CEO Antonio L. Tiu told the Inquirer Thursday in an interview that Greenergy's first venture in China involves plants that will produce a combined four megawatts. Capacity will expand in the coming years ...
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Talking Japan the U.S. and the economy at the Duquesne Club
Matthew Goodman, William E. Simon Chair of Political Economy at the Center for Strategic & International Studies, discusses the economies of the U.S., Japan and China at the Duquesne Club. To frame his discussion about the economies of the United States, Japan and China, Matthew Goodman from the Center for Strategic and International Studies noted that on Thursday morning U.S. media were ...
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Japans weak currency means tourism
The number of tourists coming to Japan dropped dramatically after the Fukushima nuclear disaster in 2011. But between the weak currency and fading memories of the disaster, tourism saw a record high last ...
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4 US citizens killed in drone strikesThe Obama administration acknowledged for the first time on Wednesday that four American citizens have been killed in drone strikes in Pakistan and Yemen since 2009.
WASHINGTON: The Obama administration acknowledged for the first time on Wednesday that four American citizens have been killed in drone strikes in Pakistan and Yemen since 2009. The disclosure to Congress comes on the eve of a major national security speech by ...
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Syrias Civil War Fuels Violence in Iraq
Ominous ties are emerging between skyrocketing sectarian violence in Iraq and Syria's civil war. Analysts say al-Qaida-linked militants are flowing back and forth from both countries and are seeking to use religious differences to bring down the government, not only in Damascus, but also in Baghdad. Iraqis are witnessing the worst violence to rock their country in five years. Bombings ...
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African Progress Panel Urges Leaders to Exploit Resources
ADDIS ABABA -- As the African Union celebrates the 50th anniversary of its founding, a group of respected leaders and activists led by former U.N. Secretary-General Kofi Annan is urging African leaders to maximize the continent’s natural resource potential. The African Progress Panel ...
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South Sudans President Says Never to ICC
South Sudan President Salva Kiir (L) meets his Kenyan counterpart Uhuru Kenyatta, who is on his first visit to the region as head of state, in Juba, South Sudan, May 23, ...
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As Ford quits Australia a challenge for Canada
Ford Motor Co.'s decision to pull the plug on its Australian auto-making operations highlights the struggles of that country's manufacturing sector in the face of a currency bloated to the point of uncompetitiveness by its excessive exposure to commodity ...
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Video PM arrives in Colombia to talk trade with Pacific Alliance
The prime minister is in Colombia to observe the Pacific Alliance discussions -- grouping Mexico, Colombia, Peru and Chile. International Trade Minister Ed Fast called the countries Canada's most trusted partners in the ...
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TSX Ends Lower On Global Cues China Data - Canadian Commentary
markets after some weak manufacturing data out of China, and the U.S. Federal Reserve's stand on its monetary policy. Global markets roiled after Japan's Nikkei plunged to its lowest since the devastating earthquake and tsunami hit the island nation about two years ago.Japan's Nikkei index plummeted 7.3 percent, attributed largely to a spike in 10-year government bond yields which ...
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Chinas Lenovo reports 90 profit rise
(MENAFN) Lenovo Group reported that its quarter profit; ending March 31, witnessed a 90-percent rise to USD127 million, reported AP.This huge boost was due to sales increase of smart phones and mobile computing technology.The total revenue increased 4 percent to USD7.8 billion on yearly basis.It's worth noting that the group is the world's second largest pc ...
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Rimfire Pacific Mining completes diamond and reverse circulation drilling at NSW gold project
(MENAFN - ProactiveInvestors - Australia) Rimfire Pacific Mining (ASX: RIM) has completed diamond and reverse circulation drilling at its Sorpresa gold project in New South Wales with mineralisation encountered in most holes.All five of the diamond holes intersected mineralisation with some geological consistency noted, indicating the mineralised system is likely continuous and large scale.Core ...
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Pan Pacific Petroleum days from spudding Vietnam offshore oil and gas well
(MENAFN - ProactiveInvestors - Australia) Pan Pacific Petroleum (ASX: PPP) is poised to participate in the drilling of up to three wells in the Nam Con Son Basin offshore southern Vietnam.The Ocean General semi-submersible drilling rig is now on tow to Block 121, operated by Origin Energy (ASX: ORG) to drill the Ca Voi-1X well targeting the large Whale Prospect.Ca Voi-1X is expected to spud ...
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September 18 Manchurian Resistance Movie Secures Financing for China Production
LOS ANGELES--(BUSINESS WIRE)-- September 18 Productions announced today that it has secured financing for production of the feature motion picture 'September 18,' with an imminent production start date in China. The film is produced by Donna Smith, former President and CEO of Cinema Completions International, which under her leadership guaranteed Academy Award-winning films such as ...
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Australia to PH aid totals P5.7B
Australian ambassador to the Philippines Bill Tweddell (right) with former Australian premier John Howard. Tweddel said the Australian government is increasing its aid to the Philippines this year. AFP FILE PHOTO/SAEED KHAN MANILA, Philippines--The Australian government is increasing its aid to the Philippines this year to pour greater funding into basic services, education reform, ...
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China to step up investment in Pakistan
China pledged on Thursday to increase investment in Pakistan in return for a tariff reduction the two governments have agreed on. "The two sides must strengthen strategic cooperation in response to a fast-changing global and regional climate," visiting ...
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China offers to provide peacekeepers to Mali
/enpproperty--> China will play a constructive role as a part of international efforts to help Mali realize early ethnic reconciliation and stability in the face of many remaining challenges. Foreign Ministry spokesman Hong Lei made the remarks on Thursday in response to media reports saying that China has offered to send more than 500 soldiers to the UN peacekeeping forces in ...
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Japans ANA to resume Dreamliner flights Sunday
Japan's All Nippon Airways (ANA) on Thursday said it would put its Dreamliner fleet back into service this weekend, several days ahead of schedule. ANA, the single biggest operator of Boeing's flagship 787, plans to use the high-tech planes for two domestic flights from Chitose airport in Hokkaido to Haneda in Tokyo, earlier than its original plan for June 1. "Modifications for ...
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China fair names Seychelles as Best Honeymoon Tour Destination
The World Travel Fair (WTF) is an annual event held in Shanghai that is the economic center of China and also plays a significant role in the outbound tourism of the country. This year, the fair was being held in the downtown Shanghai Exhibition Centre from May 9-12, 2013. As one of the leading travel expos in China, WTF is a vibrant must-attend event showcasing a diverse range of destinations ...
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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