Latest Asia Pacific News
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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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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 ...
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Mills investigated over tainted rice in C China
/enpproperty--> CHANGSHA - Three rice mills in Central China's Hunan province are being investigated after rice they produced was found to be contaminated with cadmium last week, local authorities said Tuesday. Three mills in Youxian County in the city of Zhuzhou were ordered to recall their products and suspend business operations, according to a statement by the county government. ...
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New Pakistan govt may consider importing electricity from India
ISLAMABAD: Pakistan's new government will seriously consider importing 1,000 MW of electricity from India as part of a short to medium-term strategy to end power outages, according to a media report today. ...
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Burberry earnings tumble China sales boost revenues
(31 mins ago) Luxury label Burberry said annual net profits fell 3.4 percent after it took a large exceptional charge. Earnings after tax slid to £254.3 million in 12 months to the end of March, compared with net earnings of £263.3m in its 2011-12 financial year. Burberry's performance was hit by a one-off charge of £82.9 million linked to the termination of a fragrance ...
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Philippines protests China warships presence
CAVITE, Philippines (AP) -- The Philippines has protested the presence of a Chinese warship and other vessels off a Filipino military-occupied shoal in the disputed Spratly ...
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5.6-magnitude quake hits southwestern Ryukyu Islands Japan -- USGS
An earthquake measuring 5.6 on the Richter scale jolted southwestern Ryukyu Islands, Japan at 08: 25:54 GMT Tuesday (16:25:54 Beijing Time), the U.S. Geological Survey said. The epicenter, with a depth of 13.30 km, was initially determined to be at 23.4179 degrees north latitude and 123.6864 degrees east ...
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U.S. calls on DPRK to exercise restraint
The United States has reiterated its call on the DPRK's leaders to exercise restraint and abide by its international obligations. A spokesman for the US State Department made the remarks in a daily press conference in response to the DPRK's latest missiles launches. "To monitoring the situation, and we continue to urge them to exercise restraint and take steps to improve ...
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Najib promises national reconciliation in front of voting polarization
Malaysia's ruling Barisan Nasional chairman Najib Razak has promised a national reconciliation after the voting polarization in the fiercely contested general election. Barisan retained power by winning 133 parliamentary seats, a simple majority in the 222-seat lower house of parliament. It failed to improve from the 2008 election when it lost its long held two-third parliamentary ...
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Najib to be sworn in as Malaysian PM
Ruling coalition chairman Najib Razak will be sworn in as Malaysia's Prime Minister later Monday, officials said. Najib is expected to take oath before the Supreme head of state Abdul Halim Mu'adzam Shah at the national palace. Najib, who took over as Prime Minister in 2009, led the ruling Barisan Nasional to a victory in the general election on Sunday with a slimmer simple majority ...
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Chinas growth upsets Australian treasury forecasts
China's surprising growth in recent years has contributed to throwing Australian treasury economic and revenue forecasts out of whack, Secretary to the Treasury Martin Parkinson told economists at a budget briefing in Sydney Tuesday.The briefing was called to explain the context of errors in recent economic and revenue forecasts, which are currently undergoing extensive review.Parkinson ...
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India-China discussions specific without shying away from anything
International News: India and China held very "specific" discussions without "shying away from anything", External Affairs Minister Salman Khurshid said here ...
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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