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Asia Pacific Focus  

Asia Pacific leads world in creating wealth


Asia Pacific leads world in creating wealth

The Asia Pacific region houses a higher proportion of High Net Worth Individuals (HNWIs) than any other region on earth.

The claim is part of the World Wealth Report prepared by Merrill Lynch which studied wealth effects in seventy one c ...


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Asia Pacific News Feed

Saturday 31st July, 2010

    • China against distinguishing between India and Pakistan

    Asia Pacific News.Net

    China would like to have friendly relations with both India and Pakistan, senior members of the Central Committee of the Chinese Communist Party said here today.

    • Taiwan surgeons explore effects of electricity on penises

    Asia Pacific News.Net

    A group of surgeons in Taiwan have been studying the effects of electricity on penises by conducting the experiments on themselves.

    • Oz toddler with Goldenhar syndrome doesn't know how to eat

    Asia Pacific News.Net

    A one-year-old boy from Australia has never learnt how to eat, as he suffers from a condition called Goldenhar syndrome.ccording to AdelaideNow, Asher White, from Encounter Bay, Adelaide, has been left with several facial deformities, including a jaw and tongue that have failed to form properly because of the condition.

  • Missing cat stuns Oz owners with epic 1-year, 1300km journey

    Asia Pacific News.Net

    A family in Brisbane, Australia were left stunned when their tomcat Timothy was found more than 1300km from home alive and well after going missing for a year.

  • Oz scientist discovers world's rarest coral in Pacific

    Asia Pacific News.Net

    An Australian scientist has found what could be the world's rarest coral in the remote North Pacific Ocean.

  • Mobiles set to debut on Australian airways

    Asia Pacific News.Net

    The communications watchdog in Australia has given the green light for travellers to use their mobiles during flights.

  • Chinese minister reaffirms friendship with North Korea

    Asia Pacific News.Net

    Chinese Assistant Foreign Minister Hu Zhengyue said Friday that Beijing is committed to consolidating ties with North Korea.

  • Indian charged in fake documents case in Australia

    Asia Pacific News.Net

    Australian authorities are investigating a case involving two Indian restaurants, the owner of which allegedly accepted large payments to prepare fake documents for migrant workers seeking permanent residency.

  • Chinese man builds castle to win back estranged wife

    Asia Pacific News.Net

    A 75-year-old man in China is building a castle to win back his wife who separated from him 10 years ago.

  • China leads in outer space pollution: Russian space agency

    Asia Pacific News.Net

    China has topped the list of the world's major polluters of the near-Earth space environment, followed by the US and Russia, the Russian Federal Space Agency Roscosmos said Friday.

  • Cricket Australia not to renominate Howard for ICC post, backs Kiwi cricket chief

    Asia Pacific News.Net

    The 14-member executive board of directors of Cricket Australia on Friday decided not to renominate former Australian Prime Minister John Howard for the post of vice-president of the International Cricket Council (ICC), opting instead to back New Zealand Cricket chairman Alan Isaac.

  • Blue Paper says China leads world in urbanization

    Asia Pacific News.Net

    China's urban population has reached 46 percent of the total population, making it the largest such population in the world, according to a 'Blue Paper' released on Thursday.

  • China rejects West standards on human rights

    Asia Pacific News.Net

    Chinese Vice Foreign Minister Fu Ying has said that his government remains opposed to attempts by the West to impose its human rights standards on China.

  • Unable to cope, mother kills baby in Australia

    Asia Pacific News.Net

    A newborn baby in Australia died of head injuries after his mother pushed him out of his cot because she found it 'hard to cope' with very little money, a court was told.

  • India to be world's most populated country by 2050

    Asia Pacific News.Net

    The world's population will increase inexorably, swelling from 6.89 billion to 9.49 billion, and India is expected to hit 1.75 billion becoming the largest country in the world by overtaking China by 2050, according to the Population Reference Bureau, a US body which supplies data to governments and institutions around the world.

  • Obama Facing New Pressure From Left on Afghanistan

    VOA

    New questions are being raised about U.S. domestic support for the war in Afghanistan in the wake of leaked secret documents about the war and a recent congressional vote on funding for the conflict.

  • China opposes new EU sanctions on Iran

    Times of Oman

    BEIJING: China said on Friday that it did not approve of tougher new sanctions imposed by the European Union on Iran, and welcomed Tehran's offer to return to negotiations on a nuclear fuel swap witho...

  • China Sentences 3 Webmasters of Uighur Sites

    International Herald Tribune

    BEIJING — Three men accused of “endangering state security” for their role in maintaining popular Uighur-language Web sites have been sentenced to prison terms of 3 to 10 years, acco...

  • China shares retreat on profit-taking

    The China Post

    The Shanghai Composite Index lost 10.61 points, or 0.4 percent, to close at 2,637.5. The Shenzhen Composite Index for China's smaller second exchange slipped 0.1 percent to 1,075.45. “It was a norma...

  • Audi profits up 42.6 percent in first half on US, China sales

    The China Post

    BERLIN -- German luxury carmaker Audi reported Friday a 42.6-percent jump in first half earnings powered ahead by growing sales in the key U.S. and Chinese markets.

  • Key US House committee to hold China currency hearing

    The China Post

    WASHINGTON -- A key U.S. House committee with power over taxes and trade will hold a September 15 hearing to weigh possible new steps to press China over its currency policy, the panel's chairman said...

  • Japanese affiliates hit hardest by China strikes: media survey

    The China Post

    TOKYO -- Japan-affiliated businesses were hit hardest by China's recent wave of labor strikes because of a belief among workers that they agree to pay rises most easily, a media survey said Friday.

  • China imports from ASEAN surge in H1

    The China Post

    China's imports from the Association of Southeast Asian Nations in the first half grew more than those from Taiwan, Korea or Japan, as the ASEAN Plus One framework took effect at the beginning of the ...

  • South Korea industrial output grows for 12th straight month

    The China Post

    SEOUL -- South Korea's industrial output rose for the 12th straight month in June in another sign the economy has recovered from the global downturn, official figures showed Friday.

  • More Japan workers lose jobs; manufacturing output falls

    The China Post

    TOKYO -- Japan received a sobering reminder Friday of its fragile recovery: The jobless rate rose, deflation deepened and factories made fewer cars and mobile phones.

  • Google says China services back up after 'small' blockage

    The China Post

    BEIJING -- Google said Friday its services appeared to be back up and running normally in China, after the U.S. web giant reported that access to its search engine and other products were being blocke...

  • China's sovereign fund posts 11.7 percent return in 2009

    The China Post

    BEIJING -- China's US$300-billion sovereign wealth fund recorded a double-digit return on its overseas investments in 2009, state media said Thursday, reversing a decline in the previous year.

  • Free Android apps scrape personal data, send it to China

    Computerworld

    Android phones have downloaded wallpaper apps that swipe personal data from the phone and transmit it to a Chinese-owned server, a mobile security firm said today. According to San Francisco-based Lo...

  • China growing more confident in yuan debate

    The China Post

    WASHINGTON -- China's decision to allow an IMF report critical of its currency policy to be made public for the first time in four years signals growing confidence it can control the global debate on ...

  • Goodyear Taiwan plant shuts down as scheduled

    The China Post

    TAIPEI -- Goodyear Tire & Rubber Co, one of the world's leading tire manufacturers, is to shut its Taiwan plant at the weekend as planned, the company said yesterday.

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