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Thein Sein praised for reforms in Myanmar but urged to end violence against Muslims
WASHINGTON - US President Barack Obama praised the reforms of Myanmar leader Thein Sein but urged him to end violence against Muslims. Sein is the country's first president to visit the White House in almost half a century. Speaking from the US capital Monday Obama said he recognized Sein's work to guide Myanmar down "a long and sometimes difficult, but ultimately correct, path to ...
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Roadside bombing kills six Afghan policemen in Herat
KABUL, Afghanistan - At least six Afghan policemen guarding a strategically important dam were killed in a roadside bombing Tuesday in the war-torn country's western province of Herat, officials said. They said that suspected Taliban insurgents triggered the explosion when a police patrol vehicle heading to Herat city was travelling in the Chashti Shareef district of the province. "There ...
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After two weeks detention North Korea frees Chinese boat and 16 fishermen
PYONGYANG - A Chinese boat and 16 fishermen held by armed North Koreans for more than two weeks have been released, easing the latest tension in relations between the neighbouring allies. Owner Yu Xuejun, who was not on board the boat when it was seized on 5 May, wrote on his microblog that his captain called him at 3.50am to say the crew and boat were set free and that they were on their way ...
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Saudi Arabia nabs 10 over spying for Iran
Saudi Arabia has arrested 10 people on suspicion of espionage for Iran, the interior ministry announced Tuesday. "Following an initial investigation, the security forces arrested 10 more suspects over involvement in the espionage acts for an Iranian espionage cell, reported Xinhua citing a spokesperson for the ministry. The arrestees, comprising eight Saudis, a Lebanese and a Turk, are linked ...
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Asian Stocks Rise On Fed Speculation
Asian stocks rose broadly on Wednesday, encouraged by a positive lead from Wall Street, after comments from two Federal Reserve officials suggested the Federal Reserve is unlikely to taper its $85 billion-per-month bond-buying program anytime soon. Investors look forward to a speech from the Fed Chairman Ben Bernanke and the release of FOMC May minutes due out later in the day for clues on the ...
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Japan nuclear reactor atop active fault regulator
Japan's nuclear watchdog said on Wednesday that one reactor was sitting directly above an active tectonic fault, effectively ruling out a restart ...
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India slum thrives as tourist attraction
The word slum conjures up images and deprivation and poverty. But Mumbai's Dharavi slum in India is estimated to generate an annual business turnover of $650 million as a tourist ...
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Abes view of history upsets many in Asia the US
Back in February, Prime Minister Shinzo Abe gave a speech at a Washington think tank on the theme "Japan Is Back" that was widely interpreted as a bid to revive his country's long-stagnant economy through drastic policy changes. "Abenomics", as these proposals have been dubbed, is a kind of shock therapy that includes stimulus spending, a loose-money policy and a weaker ...
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Chinese PM pledges stronger partnership with Pakistan
ISLAMABAD (AFP) - Chinese Premier Li Keqiang vowed to strengthen his country's partnership with Pakistan as he arrived Wednesday for a visit less than two weeks after the country's general election.The long-time allies will look to use the two-day trip to boost trade ties, and Li will meet prime minister-elect Nawaz Sharif -- who has not yet been sworn in -- as well as holding talks ...
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Chinese premier begins 2-day visit to Pakistan
A man walks next to huge portraits of Chinese Premier Li Keqiang, right, and Pakistani President Asif Ali Zardari, left, displayed near the presidency in Islamabad, Pakistan. Keqiang will arrive in Islamabad on May 22 on a two day official visit to hold talks with Pakistani leadership to discuss international, regional issues and enhance co-operation in bilateral ties. (AP Photo/Anjum ...
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Octogenarians race to be oldest Everest climber
In this Friday, May 17, 2013 photo distributed by Miura Dolphins, 80-year-old Japanese adventurer Yuichiro Miura, right, and his son, Gota, rest on their way to a camp at 6,500 meters (21,325 feet) from a camp at 6,050 meters (19,849 feet) during their attempt to scale the summit of Mount Everest. According to his management office, Miura plans to reach the 8,850-meter (29,035-foot) peak on ...
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Japan approves joining intl child abduction pact
TOKYO -; Japan's parliament has approved joining an international child custody treaty amid foreign concerns that Japanese mothers can take children away from foreign fathers without ...
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Sunbathing crocodile shocks Indonesian beachgoers
JAKARTA--Hundreds of sunbathers fled a popular Indonesian beach in panic when a four-meter (13-foot) crocodile laid down next to them to soak up some rays, an official said Wednesday. Crowds were thronging the beach at Balikpapan on Borneo island at the weekend when the 500 kilogram (1,100 pound) reptile crawled ashore. ';The crocodile was spotted sunbathing near the lifeguard post on ...
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China to host conference of Asian parties
China will host a special conference of the International Conference of Asian Political Parties (ICAPP), according to the International Department of the Central Committee of the Communist Party of China (CPC).The conference will run under the theme, "Promote green development and build a beautiful Asia together," and be held in Xi'an, capital city of northwestern China's ...
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Asia-Pacific real estate investment trusts gain 18 in first four months of year
Property trusts across the Asia-Pacific have performed impressively in recent months, led by a surge in the value of Japanese real estate investment trusts (Reits). Reits in Japan gained 29.8 per cent in the first four months of this year, pulling up the region to an overall gain of 18.1 per cent in the same period. Singapore Reits were the next best performers, with a 14.7 per cent gain in ...
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Fishermen pay price in Asia’s volatile sea rifts
MASINLOC, Philippines--Along the northwestern Philippine coast, poor children with claw hammers clamber aboard an abandoned fishing vessel to pry loose and steal rusty nails from its deck. It’s become a familiar sight in villages where some fishermen have been forced to give up their livelihoods since China took control of their fishing haven last year. Fishermen say Chinese maritime ...
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Asian equities are supported by the soft Fed comments yesterday
EUR/USD initially failed to extend the tentative short-term uptrend that started on Monday. EUR/USD tried to regain the 1.29 mark at the onset of trading in Europe. However, as was the case on Friday evening and earlier yesterday in Asia, this was a too high hurdle. EUR/USD gradually drifted south and reversed a big part of Monday's rebound. There was hardly any news. European equities ...
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The dollar edged down against the yen in early Asian trade on Wednesday
Good Morning, - EUR/USD trade to one week high above 1.29...market awaits Bernanke testimony. - Asian shares: Japan's Nikkei +1.60%, Hong Kong's Hang Seng close, Korea's Kospi +0.64%, Australia's ASX 200 -0.17% and China's Shanghai -0.12%. - ECB's Liikanen urges open mind on asset-backed securities. - St. Louis Fed President James Bullard and New York Fed President ...
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6 kids among 7 injured in south China knife attack
BEIJING (AP) -- Authorities in southern China say a mentally ill man stabbed six primary school students and an adult in the latest of several attacks on Chinese ...
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Afghan students protest womens rights decree
KABUL, Afghanistan (AP) -- Hard-line Islamist students are protesting in the Afghan capital demanding the repeal of a presidential decree for women's rights that they say is ...
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Australia set to cull 10000 wild horses
SYDNEY (AFP) - A controversial cull of up to 10,000 wild horses in Australia's harsh Outback reportedly began Wednesday in a bid to control the feral animals which officials say are destroying the land.The Central Land Council said animals -- including horses, donkeys and camels -- were dying in their thousands due to a lack of food and water and a cull was necessary on humanitarian and ...
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Weak yen a help for Japan but headache elsewhere
TOKYO -; A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan's main trading partners, who are betting the impact on their own currencies will be offset by gains from a recovery in the world's third-largest economy. It's not such good news for entrepreneurs like Thamonwan Thawornthaweewong, whose Angry Bird fish balls, ...
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Business Briefs May 22
* May 30 is the ex-dividend date of Cotec Construction JSC (CTD) to receive dividend of the second round 2012 in cash at a rate of 10 percent. The final registration day is June 3. The payment date is June 17. * May 30 is the ex-dividend date of CNG Vietnam JSC (CNG) to receive dividend of the third round 2012 in cash at a rate of 15 percent. The final registration day is June 3. The payment ...
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US summit will help reduce suspicion China media
Chinese state media on Wednesday welcomed news of the firstsummit between President Xi Jinping and his US counterpart Barack Obama, saying the meeting will help "reduce suspicions" in the ...
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Japan mulls resuming talks with N Korea
Japan is considering direct talks with North Korea, the government said Wednesday, adding momentum to the cause after a top level aide to the prime minister made a surprise trip to ...
India Digest
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Tensions raised over translocation plans for Asiatic lions
In the tranquil wilderness of the Gir forest sanctuary one would never think a political storm was raging over a proposal to move some of the endangered lions that inhabit the reserve.
As the sun sets over the lush, sprawling forest in Gujarat where India’s only Asiatic lions live, they wander majestically through the wild, unaware of the conflict they are creating between Gujarat, the central government and other states that want to share in some of their success. Read more
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