Latest Asia Pacific News
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China Pakistan to bolster ties
/enpproperty--> China and Pakistan said on Wednesday they will set up an economic corridor to further connect their two economies. The announcement came as ...
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Bombshell China May Be Close To Implementing A Cap On Carbon Pollution
seven cities and provinces , including Beijing, which will take part in the pilot program, set to be completely implemented by 2014. And according to one local news source, China could implement an absolute, nation-wide cap on its carbon emissions by 2016. China’s 21st Century Business Herald reported this week that the country’s State ...
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Philippines weighs move on China incursion
AFP FILE PHOTO MANILA, Philippines--The Philippines is weighing what course of action to take in the wake of the latest Chinese incursion in the West Philippine Sea (South China Sea) even as the country asserted its capability to defend its exclusive economic zone (EEZ). The Department of Foreign Affairs (DFA) said on Wednesday that it was already coordinating with the Philippine Coast Guard ...
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North Korea frees Chinese fishing boa...
North Korea has freed Chinese fishing boat and its crew, the ship owner Yu Xuejun confirmed on May 21. 16 Chinese fishermen were missing after apparently been kidnapped by armed men from the North Korea two weeks ago. China's Ministry of Foreign Affairs is demanding that Pyongyang secure the release of the men. "China calls on the DPRK to deal with this in a proper manner, and to ...
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Hotel collapses in SE Chinas Fuzhou
An annex to a hotel building, which was under construction, collapsed in Fuzhou, Fujian Province Monday afternoon, burying dozens of cars parked ...
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China India in pledge to resolve bor...
Chinese Premier Li Keqiang (L) and Indian Prime Minister Manmohan Singh waves during their meeting in New Delhi, India, May 20, 2013. (Xinhua/Ma Zhancheng) The Chinese and Indian premiers yesterday pledged to resolve a border dispute that has soured ties for decades, saying good relations between the two Asian giants were key to world peace. China and India will study new ways to ease tensions ...
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Could N. Korean envoy to China be turning point for foreign policy
Could N. Korean envoy to China be turning point for foreign policy? . MAY 23, 2013 04:21. . Choe Ryong Hae, the director of the General Political Bureau of the Korean ...
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Report on Bangladesh Building Collapse Finds Widespread Blame
DHAKA, Bangladesh ...
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European Leaders Take Steps in Cracking Down on Tax Fraud
PARIS -- The European Union has announced a series of measures to crack down on tax avoidance and fraud, including the automatic exchange of bank information to catch cheats. European Union President Herman Van Rompuy hailed as "unprecedented" a series of measures against tax evasion agreed to Wednesday by the bloc's 27 leaders during a brief summit in Brussels. Among them: ...
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Cameron Indications Suggest London Killing was Terror-related
British forensic officers attend the scene of an apparent attack which has left one man confirmed dead and two people wounded near Woolwich barracks in London, May, 22, ...
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IRS Official Refuses to Testify to Congress About Scandal
The official at the center of the storm over the U.S. tax collection agency's targeting of conservative Tea Party groups, Lois Lerner, has refused to testify before a tense congressional hearing on Capitol Hill where Democratic and Republican lawmakers expressed their anger and frustration. Word came Tuesday the Internal Revenue Service official everyone wanted to hear from the most, ...
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Hezbollah Fighters Pose New Threat In Syria
WASHINGTON -- The civil war in Syria is taking a new, and possibly ominous turn, in the battle for Qusair, a small but strategic town near the frontier with Lebanon. For the first time, the mainly Sunni Muslim rebels seeking to oust Syrian President Bashar al-Assad have been fighting Syrian troops backed by a large contingent of battle-hardened guerrillas from Hezbollah, the militant Lebanese ...
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Japans Daiichi says key details concealed in Ranbaxy sale
NEW DELHI (AFP) - The Japanese owners of Ranbaxy on Wednesday accused former shareholders of the Indian company of concealing key information about a US probe into the safety of medicines made by the New Delhi-based firm.Last week, Ranbaxy Laboratories pleaded guilty in the United States to charges of making and distributing adulterated drugs at its two Indian plants of Paonta Sahib and Dewas ...
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UN refugee agency faults Australias tough new policy
GENEVA (AFP) - The UN refugee agency took Australia to task Wednesday over a tough new policy that allows boat people who reach its mainland to be sent to remote Nauru or Papua New Guinea for detention while their asylum claims are processed.The so-called "excision" rules, passed last week, extend previous legislation which only allowed the authorities to send boat people for detention ...
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Goldman Sachs edges out HSBC in the China bank race
A Goldman Sachs sign is seen over the company's trading stall on the floor at the New York Stock Exchange, in this March 21, 2013, file photo. (Brendan ...
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Pricing talks fail in China-EU solar trade spat
Europe an Union (EU) by agreeing on the export price of the products have failed, Chinese trade body sources involved in the talks said on Wednesday. China and the EU had agreed that talks on such "price undertaking" would be held between representatives of the Chinese solar ...
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Chinas nature reserves exceed global average
/enpproperty--> The size of nature reserves in China reached almost 15 percent of the country's total land area by the end of 2012, exceeding the global average of 12 percent. Li Ganjie, vice-minister of environmental protection, announced the figure at a celebration of the 2013 International Day for Biological Diversity on ...
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Li China Pakistan to be good brothers forever
/enpproperty--> ISLAMABAD - China and Pakistan will always be good partners and brothers that are reliable and sincere to each other, visiting ...
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Yen eases after Japans worst April trade deficit
TOKYO--The yen edged down against the dollar and euro in Asia on Wednesday after Japan posted its worst ever April trade deficit, fueling yen-negative ...
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BRIEF-Ex-GM exec Bob Lutz Chinas Wanxiang offer $20 mln for Fisker Automotive-sources
DETROIT | Wed May 22, 2013 3:07pm EDT DETROIT May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker Automotive - ...
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Pakistans Imran Khan leaves hospital for homePakistani politician Imran Khan left hospital Wednesday two weeks after breaking bones in his back in a fall at an election rally a hospital spokesman said.
Imran Khan left hospital on Wednesday, two weeks after breaking bones in his back in a fall at an election rally, a hospital spokesman said. The 60-year-old was ordered to remain immobile in bed after he fractured vertebrae and a rib in a dramatic tumble just days before the May 11 general election, where his Pakistan Tehreek-e-Insaaf (PTI) party made a major breakthrough. Khwaja Nazir, a ...
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Soldier beheaded in suspected terror attack in London
LONDON: In a shocking incident, a soldier aged around 20 years and wearing a T-shirt that read "Help for Heroes" was beheaded in the middle of a road in ...
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2nd WPT National China to kick off in Sanya this November
The 2013 China Poker Tournament (CPT), the 2nd WPT (World Poker Tour) National China is to kick off in Sanya in November. The 1st WPT National China, which was held at the MGM Grand Sanya at Yalong Bay last December, attracted many of the world’s best professional poker players, such as David Chiu and Johnny Chan as well as the famous American poker player Phil Hellmuth who has won a ...
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International Watchdog Iran Expands Nuclear Activities
The International Atomic Energy Agency says Iran has made a significant step toward building a reactor that Western experts say could provide a second path to possibly producing material for a nuclear ...
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Thai Same-Sex Marriage Bill Not Without Controversy
BANGKOK, THAILAND -- As the debate on same-sex marriage continues in Western nations, including the United States, Thailand could become the first country in Asia to legalize gay marriage. Thailand is known for its liberal acceptance of sexuality, but the draft same-sex marriage law is not without controversy. This is a traditional Thai wedding, except there is no groom. There are two ...
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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