Latest Asia Pacific News
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Goldman exits China’s ICBC seven years and billions later
Euro notes are spread out at the Belgian branch of the Industrial and Commercial Bank of China (ICBC) in Brussels January 20, 2011. (FRANCOIS ...
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China sweeps Indonesia to reach quarterfinals at Sudirman Cup
Defending champion China beat Indonesia 5-0 in their second and last group match on Tuesday at the 13th Sudirman Cup team badminton tournament.London Olympics champion Cai Yun/Fu Haifeng replaced their young fellows Liu Xiaolong/Qiu Zihan to play against Hendra Setiawan/Angga Pratama. The Indonesian pair took the first game 21- 16 but still failed to handle Cai and Fu. Though absent frommatches ...
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5 killed in S China road cave-in
GUANGZHOU - At least five people were killed in a road cave-in that occurred Monday night in South China's Guangdong province, local authorities said Tuesday. The accident occurred around 9:19 pm on a road in the Huamao Industrial Park in the city of Shenzhen, sources with the city's emergency relief office said. As of 4:30 pm Tuesday, five bodies had been retrieved from a pit ...
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EU probe could could slow European vendors supplying tech for Chinas 4G deployment
IDG News Service - The European Union may be trying to protect its telecom equipment industry with its recent threat to investigate China over networking equipment imports. But the move could end up hurting the chances of Western vendors intent on supplying technology to China's upcoming 4G services launch, according to analysts. Last week, the EU set off fears of a trade war with China ...
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China beat Indonesia to top group
(5 mins ago) Defending champions China trounced arch rivals Indonesia 5-0 to top Group A of the Sudirman Cup on Tuesday, declaring they are ready to face anyone in Thursday's quarter-finals. The Chinese have won the biennial tournament eight times and are chasing their fifth consecutive title, AFP reports. After Tuesday's matches, Chinese coach Li Yongbo said his team is ready to ...
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India and China boost border peace efforts
Manmohan Singh agreed to step up discussions to end their long-running Himalayan region border disputes. Li, during his official three-day visit to India, said the two countries had "established principles for settling the question" of where the border should lie, The Hindustan Times reported. The goal is to avoid disagreements that in the past have threatened to spill over into ...
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Indias Supreme Court gives nod to controversial nuclear power plant
India's Supreme Court Monday gave its nod to the commissioning of the controversial Kudankulam nuclear power plant in the southern state of Tamil Nadu, saying " it's safe." "Kudankulam plant is safe and secure and it is necessary for the larger public interest and economic growth of the country. Nuclear power plants are needed in the country for the present and future ...
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ROKs power supply to Kaesong plunges on low demand
South Korea's supply of electricity to the Democratic People's Republic of Korea (DPRK) has fallen sharply after a jointly run industrial complex in DPRK was temporarily shut down, South Korea officials said Monday. South Korea has a maximum daily capacity of sending 100,000 kilowatts to the factory zone in DPRK's border city of Kaesong, but its supply has tumbled to around 3,000 ...
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UPDATE 1-KKR sells entire stake in Australias Seven West Media
Tue May 21, 2013 6:39am EDT SYDNEY May 21 (Reuters) - Seven West Media Ltd, owner of Australia's top-rated free-to-air television network, said on Tuesday that its major shareholder private equity firm KKR & Co had sold its entire A$260 million stake in the company. Kohlberg Kravis Roberts & Co advised Seven West Media of its decision to sell its 12 percent stake following the close of the ...
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Wave of Violence Continues in Iraq
New attacks in three Iraqi cities have killed at least seven people and wounded more than 60 others. Officials say a suicide bombing followed by clashes between militants and Iraqi troops left three soldiers dead Tuesday in Tarmiyah, north of the capital, Baghdad. Farther north, two car bombs exploded in Tuz Khormato, killing three people, while car bombs in Kirkuk killed at least one ...
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Video The Tumblr effect Chinas Internet giants on the prowl
Frothy tech valuations are not limited to Silicon Valley with Yahoo's $1.1-billion (U.S.) Tumblr buy. High-stakes deals are growing in China too, as big players court emerging platforms to lock in new ...
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Australia should help Dubai fraud man Abbott
Opposition Leader Tony Abbott has suggested the 10-year jail sentence imposed on Australian businessman Matthew Joyce in Dubai is harsh by Australian standards and the government should be doing everything it can to ...
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China Now Spends $125 Billion Per Year On Riot Gear And ‘Stability Maintenance’
May 21, 2013 Mannequins in riot gear, armoured cars and drones line a police equipment and "anti-terrorism technology" trade fair in Beijing as vendors seek to profit from China's huge internal security budget. The country is estimated to have more than 180,000 protests each year and the ruling Communist Party spends vast sums on ensuring order -- more even than on its military, ...
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Mining services suffer as Australias mining boom peaks
- A spate of profit warnings from Australian mining services firms suggests the country's "once-in-a-century" resources spending boom may have peaked sooner than companies, economists and policymakers had ...
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China India reach strategic consensus deepen strategic trust Premier Li
Visiting Chinese Premier Li Keqiang said Monday the most important outcome of his talks with the Indian leaders is that they reached strategic consensus and deepened strategic trust.Briefing the press after meeting with his Indian counterpart Manmohan Singh, Li said at the talks, held on Sunday night and Monday morning with Singh and other Indian officials, both sides had friendly, in-depth and ...
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China says its legal ivory trade not to blame for African poaching
21 May 2013 CHINA'S small traditional trade in carving uses ivory acquired through legal auctions and in no way encourages or worsens the problem of elephant poaching ...
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DPRKs Kim Jong-un visits army unit
DPRK state television has released photos of country's leader Kim Jong-un visiting an army unit on Tuesday. It comes two months after his last visit. The state-run television KRT says Kim visited the Battle Research Room and gave instructions on combat preparations. He also toured buildings including the food warehouse. KRT quoted Kim saying the soldiers of the unit will defend the country ...
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Vietnams population reaches over 88.5 mln
As of April 1, 2012, Vietnam's population reached 88.5 million people, an increase of 915,000 people over the previous year, local Tuoi Tre newspaper reported on Tuesday, quoting latest released statistics data. Of the total, 28.5 million are urban citizens, accounting for 32.3 percent; and 43.7 million are male, accounting for 49.5 percent. The new data has brought the country's ...
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Japan to launch new solid-fuel rocket in late August
The Japanese science ministry said Tuesday that the country will launch a new solid-fuel rocket, Epsilon, on Aug. 22 with a small scientific satellite on board. The three-stage rocket, the successor of the M-5 rocket that retired in 2006, will be launched from the Japan Aerospace Exploration Agency's Uchinoura Space Center in Kagoshima Prefecture, according to the Ministry of Education, ...
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American Dreams in China trumps Iron Man 3 at box office
off the top of the Chinese box office charts in the week ending on Sunday.The film, which tells the story of a trio of entrepreneurs who establish an English language training service, has pulled in 108 million yuan (about $17.6 million) since its Friday debut, China Film News reported on ...
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Manhunt on for rebels who seized 6 people in S. Philippine raid
Police and soldiers are conducting operations Tuesday to locate and rescue six people, including a child, who were abducted by leftist rebels in southern Philippines.According to Senior Superintendent Edgardo Wycoco, Davao del Norte police director, at least 15 New People's Army wearing uniforms of the Philippine National Police and the Philippine Drug Enforcement Agency broke into the ...
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Death toll of Freeport mine incident in Indonesia rises to 21
The number of casualties in underground mine collapse at Big Gossan mine of Freeport McMorant Coppert and Gold Inc rose to 21 with 7 others remained being trapped, a statement from the firm said here Tuesday. Ten people have been evacuated safely since the incident occurred on May 14 in Papua. "During the evacuation as well as recovery period for those affected, PTFI (PT Freeport ...
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Torture Victims Body Is Found Near U.S. Base Afghans Say
KABUL, Afghanistan ...
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China warns EU against probe into telecom equipment
/enpproperty--> NEW DELHI - The interests of both sides would be hurt if the European Union (EU) goes ahead with an anti-dumping and anti-subsidy investigation into mobile telecommunications equipment from China, said a senior Chinese official on Tuesday. Telecom manufacturers of China and the EU have enormous interests in each other's markets and have broad cooperation, Chinese ...
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5.8-magnitude quake hits Taiwan
/enpproperty--> TAIPEI - A 5.8-magnitude earthquake hit the area 190.1 kilometers to the southeast of Hualien County in Taiwan at around 4:25 pm Tuesday Beijing Time, according to Taiwan meteorological authorities. The epicenter, with a depth of 13.7 km, was monitored at 23.27 degrees north latitude and 123.31 degrees east longitude, the center said in a statement. The tremor was slightly ...
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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