Latest Asia Pacific News
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People and Funds Surge Out of China
The number of Chinese purchasing property in Western countries and transferring their money out of China, both legally and illegally, has been significantly increasing since ...
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China demand drives Asian gold bar premiums to record highs
- Premiums for gold bars hit a record high in Asia on Wednesday as lower spot prices lured more buyers, mainly in China, the world's second biggest consumer of the precious metal, amid tight physical ...
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China OKs H7N9 test reagents for market entry
/enpproperty--> BEIJING - Two reagents used to conduct clinical tests for human infections of the H7N9 avian flu have been given approval to enter the Chinese market, according to the country's drug watchdog. The two products, respectively developed by Shanghai ZJ Bio-Tech Co., Ltd. and DAAN Gene Co., Ltd. of Sun Yat-sen University, were approved Tuesday by the China Food and Drug ...
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China welcomes constructive advice on Tibet
/enpproperty--> LONDON - China welcomes constructive and sensible advice and suggestions on the Tibet's development, visiting Chinese Tibetologists said here Tuesday. "There are many scholars that are studying Tibetan history and culture. We hope the scholars and political leaders from other countries, and all those who care about Tibet would participate in its development, and ...
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China repeats call for implementing DOC
/enpproperty--> BEIJING - China on Wednesday urged relevant countries to fully and earnestly implement the Declaration on the Conduct of Parties in the South China Sea (DOC) and refrain from actions that could amplify or complicate the issue. Chinese Foreign Ministry spokesman Hong Lei made the remarks at a regular press briefing in response to a media request for a comment on the ...
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China makes record investment in outbound mergers PwC
(31 mins ago) The total value of China's outbound mergers and acquisitions in 2012 reached a record-high US$65.2 billion (HK$506 billion), marking a five-fold increase from US$10.3 billion in 2008, a PricewaterhouseCoopers (PwC) report said Wednesday. Since 2009, China has been leading the trend among emerging markets in carrying out mergers and acquisitions in the markets of developed ...
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Profit growth moderates for China state firms in Jan-April
BEIJING (Reuters) - Profit growth at China's state-owned companies cooled in the first four months of the year, government data showed on Wednesday, underscoring a faltering recovery in the world's second-biggest economy. The Finance Ministry ...
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Hawkish general makes comeback as North Koreas military chief
North Korea has reappointed a hardline and loyal general as military chief in a move experts said was part of young leader Kim Jong-un's attempt to tighten his grip on the armed forces. Kim Kyok-sik, widely believed to have been behind the shelling of a South Korean island in 2010 that killed four people, was named "chief of the KPA (Korean People's Army) General Staff" by ...
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North Korea sends top official to China amid strained relations with vital ally
Choe Ryong Hae, director of the General Political Bureau of the Korean People's Army (KPA), center, and other delegates from North Korea pose before leaving Pyongyang Airport for China, May 22, ...
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Carlyle plans to raise $2 bln for Japan investments
"I’m drawn to cinema because I have absolute faith in its transformative power, in its ability to raise human awareness," says Nandana ...
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Lis visit to further boost TCSs biz in China
Chinese Premier Li Keqiang's visit to TCS headquarters in Mumbai and his promise to open up his country's services industry may further boost the Indian IT major's forays in the communist nation. China's service industry will be more open to the world, which will bring increasing opportunities for foreign companies, including ones from India, Li said while speaking during his ...
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Taiwans UMC sets up RD centre in Singapore
TAIPEI (AFP) - Taiwan's United Microelectronics Corporation (UMC), a leading microchip maker, Wednesday said it has spent $110 million setting up a research and development unit in Singapore.The unit will undertake R&D collaborations with local research institutes, such as Singapore's Institute of Microelectronics, the company said in a statement.UMC is the world's third ...
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N.Korean envoys motorcade passes through Beijing
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Pop star Han Geng quits Stars in Danger show
Pop singer and actor Han Geng has decided to quit the Jiangsu TV's celebrity diving show, "Stars in Danger", sources close to the program's production team have confirmed to reporters. It's said that Han has not showed up in recent training sessions since his first contest. The star gave no specific reasons for the ...
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Chinas Premier Seeks Stronger Ties with Pakistan
A soldier walks near a bus as he helps to secure the area and clear the roads before the motorcade of Chinese Premier Li Keqiang passes by in Islamabad, May 22, ...
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Ai Weiwei Releases Provocative Heavy Rock Music Video
Chinese rebel artist and rights activist Ai Weiwei has released a provocative new heavy rock music video that recreates his 81 days in secretive police ...
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Japan holds steady upgrades economic outlook
Bank of Japan Governor Haruhiko Kuroda speaks during a news conference in Tokyo, May 22, 2013. Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank would closely monitor moves in the government bond market and respond with flexibility in its purchases of government debt and in its market operations. (YUYA ...
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China-Pakistan have all-weather strategic ties
Islamabad, May 22 : Li Keqiang left India for Pakistan Wednesday, the second stop of his first overseas trip as China's premier. Xinhua described the Islamabad-Beijing ties as an "all-weather strategic ...
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China to increase investments in India give Indian products access
Business India News: Chinese Premier Li Keqiang on Tuesday said China will support its enterprises to increase investments in India and help Indian products have access to Chinese market as he supported a favourable trade balance in a bid to decrease mounting bilateral trade ...
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OFW claims to be Indonesian skips night-outs to avoid attacks in Taiwan
ILOILO CITY, Philippines -- An overseas Filipino worker in Taiwan had to say she is Indonesian while another Filipino worker could only go to work riding a company truck to be safe from irate Taiwanese. Upon the advice of her employer, she identified herself as an Indonesian whenever asked for her nationality. She has also limited going out in public especially when alone at night. "I ...
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Food poisoning sickens students in NW China
Dozens of students from multiple primary and middle schools in Northwest China's Qinghai Province have been affected by food poisoning, local authorities said Wednesday. As of 3 pm, more than 20 students from three schools in Hui-Tu Autonomous County of Datong had been sent to a local hospital for treatment, sources with the county government said. Their conditions have not yet been ...
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China plans to support central western universities
China on Wednesday unveiled a plan to support universities in its less developed central and western regions, with these institutions having been left behind by peers in the country's richer coastal areas.The ministries of education and finance along with the National Development and Reform Commission, the country's top planning agency, jointly issued the plan designed to help ...
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Temperature reaches 31.9 degrees Celsius in Nantong E China
A young woman wearing summer suit walks on road in Nantong City, East China's Jiangsu Province, May 21, 2013. The highest temperature reached 31.9 C on Tuesday. (Xinhua/Xu ...
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China major player in fighting hunger UNWFP
A top official from the United Nations World Food Program (WFP) said Wednesday that China is capable of playing a major role in the global fight against hunger."China has made enormous progress in dealing with hunger and its experience can be learned by the whole world," WFP Executive Director Ertharin Cousin said during her first visit to China as the agency's new chief.WFP ...
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Death toll of Indonesias mine incident rises to 28 operation remains suspended
Death toll in underground mine incident at Indonesia's Freeport-Mc-MoRant Copper and Gold Inc. has increased to 28, with 10 people injured and operation of the firm remaining suspended, a minister and firm official said here on Wednesday. Five people have suffered from serious injury and the other five got minor wounds, said Indonesian Energy and Mineral Resources Minister Jero Wacik. The ...
Asia Pacific Focus
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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 countries, which account for 98% of global gross income and 99% of world stock market capitalization. Read more
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