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  • Asia Roundup US Fed and China news spook marts

    Intellasia - Friday 24th May, 2013

    Hawkish comments by United States Federal Reserve chairman Ben Bernanke and weakness in China’s factory activity rocked Asian markets yesterday,Thursday May 23 3013 taking the dollar to three-year highs, sending share markets lower, and hitting the Japanese government bond market as yields rose to their highest in a year. Stock and bond markets took their cue from the drop in US equities ...

  • Asia to be largest LTE market says Nokia Siemens Networks greater China head

    Digitimes - Friday 24th May, 2013

    Asia is expected to be the largest LTE market among regions around the world in 2015, Greater China president Markus Borchert for Nokia Siemens Networks said at the LTE Marketing Forum in Taipei on May ...

  • Morgan Stanley names new co-heads of Asia-Pacific ECM -memo

    Reuters - Friday 24th May, 2013

    HONG KONG | Fri May 24, 2013 5:01am EDT HONG KONG May 24 (Reuters) - Morgan Stanley has named Jerome Leleu and Mille Cheng as co-heads of equity capital markets in the Asia Pacific region, according to an internal memo obtained by Reuters on Friday. The pair replace Justin Haik, who takes on a newly created senior client relationship role in the same division, the memo said. Leleu ...

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  • Emergency landing closes both Heathrow runways

    Times of India - Friday 24th May, 2013

    British Airways plane made an emergency landing. Heathrow officials said passengers were evacuated safely on Friday morning. British Airways says more information will be provided ...

  • Li still flying the Asian flag by herself

    IOL - Friday 24th May, 2013

    Paris – Li Na's momentous French Open title win of 2011 was expected to open the floodgates for Asian – and in particular Chinese – players in world ...

  • Asia Markets Japan stocks end up after roller-coaster ride

    Market Watch - Friday 24th May, 2013

    HONG KONG (MarketWatch) -- Japanese shares ended modestly higher Friday after a roller-coaster ride that subjected the Nikkei Stock Average to a swing of more than 3% on both sides of the previous day's ...

  • Magnitude 8.2 earthquake strikes Russian Far East off Kamchatka

    The Star - Friday 24th May, 2013

    LONDON (Reuters) - A magnitude 8.2 earthquake struck Russia's Far East in the Sea of Okhotsk off the Kamchatka Peninsula, according to the U.S. Geological Survey. The epicentre of the quake was located 244 miles west north west of Petropavlovsk-Kamchatskiy at a depth of 385 miles, the USGS said. (Writing by John ...

  • Police Suicidal jumpers fall kills SKorean girl

    Yahoo News - Friday 24th May, 2013

    South Korea (AP) -- South Korean police say a suicidal man jumping to his death killed a 5-year-old girl by falling on her as she walked with her parents outside the apartment building. ...

  • Asian markets mixed in volatile trade

    General Sources - Friday 24th May, 2013

    Asian markets were mixed Friday in rollercoaster trade after routs sparked in part by fears of tighter US monetary policy, with Tokyo ending higher a day after suffering its worst drop since the March 2011 quake-tsunami disaster. Regional markets swung wildly after falling Thursday on indications from US Federal Reserve chief Ben Bernanke that the Fed could soon start scaling back massive ...

  • Most Asian stock indexes are lower

    FXstreet - Friday 24th May, 2013

    The appetite for risk is neutral after improving in the US session on Thursday upon dissecting Wednesday's Federal Reserve reiteration of the likely scaling back its asset purchase program in June. All eyes are on Germany's Ifo report. But volatility persisted in the Nikkei 225. Most foreign currencies remain relatively firm after all reversed losses the day before. Most Asian stock ...

  • GLOBAL MARKET-Volatile Nikkei keeps Asian stocks on edge

    Reuters - Friday 24th May, 2013

    Fri May 24, 2013 3:45am EDT * Nikkei ends a seesaw day up 0.9 pct * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro on turbulent Nikkei * European stocks expected to fare better By Ian Chua SYDNEY, May 24 (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has ...

  • US Boy Scouts to allow gay members

    Times of India - Friday 24th May, 2013

    gay Scout leaders - a fiercely contested compromise that some warned could fracture the organization and lead to mass defections of members and donors. Of the roughly 1,400 voting members of the BSA's National Council who cast ballots, 61 percent supported the proposal drafted by the governing Executive Committee. The policy change takes effect on January 1. "This has been a ...

  • 5 climbers feared dead on worlds 3rd highest peak

    The Seattle Times - Friday 24th May, 2013

    KATMANDU, Nepal — A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain. The five disappeared Monday on Mount Kanchenjunga, and bad weather was preventing a rescue helicopter from reaching the base camp. Mountaineering Department official Dipendra Poudel said Friday the climbers were descending from the summit when they were ...

  • Barack Obama seeks end to perpetual US war on terror

    Times of India - Friday 24th May, 2013

    Barack Obama wants to pull the United States back from some of the most controversial aspects of its global fight against Islamist militants. In a major policy speech on Thursday, Obama narrowed the scope of the targeted-killing drone campaign ...

  • North Korea town opens to Western tourists Travel agents

    Times of India - Friday 24th May, 2013

    BEIJING: North Korea's authorities have opened the border town of Sinuiju to Western tourists, Chinese-based travel agencies said, despite international tensions over Pyongyang's nuclear test in February. The move opens up the possibility of foreign tourists being able to make day tours to the secretive state, a considerably cheaper option than the more expensive multi-day trips ...

  • Asia’s Benchmark Equity Index Swings as Australia Banks Decline

    Yahoo - Friday 24th May, 2013

    stock index swung between gains and losses as Australian banks declined and the yen rose after Bank of Japan Governor Haruhiko Kuroda said the central bank had announced sufficient stimulus. The MSCI Asia Pacific Index slid 0.2 percent to 138.42 as of 2:46 p.m. ...

  • Japans ANA to resume Boeing 787 flights on Sunday

    Associated Press - Friday 24th May, 2013

    TOKYO (AP) -- Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smoldering ...

  • Suspected Kashmiri rebels kill 3 Indian soldiers

    Associated Press - Friday 24th May, 2013

    SRINAGAR, India (AP) -- An official says suspected rebels have ambushed and fatally shot three Indian army soldiers in the Indian portion of ...

  • Highway bridge collapses in US no deaths reported

    Times of India - Friday 24th May, 2013

    MOUNT VERNON , Washington: The major highway bridge linking Seattle with Canada and the rest of the Pacific Northwest region collapsed Thursday evening, dumping at least a handful of vehicles and people into a river, ...

  • Oil falls below $94 on weak outlook for demand

    Tampa Bay Online - Friday 24th May, 2013

    Benchmark oil for July delivery was down 40 cents to $93.85 per barrel at midday Bangkok time in electronic trading on the New York Mercantile ...

  • Comfort women cancel meeting with Japan mayor

    Channel News Asia - Friday 24th May, 2013

    Two South Korean women forcibly drafted into Japanese military brothels during World War II have cancelled a meeting with a Japanese mayor who sparked outrage by calling them a wartime ...

  • Barack Obama in heated exchanges with Code Pink anti-war protester

    Times of India - Friday 24th May, 2013

    WASHINGTON: The woman who interrupted President Barack Obama's speech on counterterrorism policy on Thursday is well-known around Washington as a perennial protester on national security ...

  • Obama lifts ban on transferring Guantanamo Bay detainees to Yemen

    Times of India - Friday 24th May, 2013

    Guantanamo Bay detainees to Yemen , a step toward his goal of closing the US military-run prison that he said "has become a symbol around the world for an America that flouts the rule of law." Nearly 100 of the 166 terrorist suspects held at the prison in Cuba are from Yemen and have had nowhere to go even if they had been cleared for transfer. Obama wouldn't send them home, and ...

  • New concerns for Chinas rising middle class

    Times of India - Friday 24th May, 2013

    middle class created by China's decades of rapid economic growth -- and its resulting worries. Li Na, 42, a caterer at the capital's zoo, and her husband Chi Shubo, 48, who works for a state-owned investment company, have seen their fortunes transformed since she arrived in Beijing 20 years ago from Shandong, a coastal province. Then, she cycled for hours from a shared dormitory to ...

  • China End Violence Against Sex Workers

    Human Rights Watch - Friday 24th May, 2013

    In China, the police often act as if by engaging in sex work, women had forfeited their rights. The government must abandon its repressive laws against sex workers, discipline abusive police, and end the suppression of sex workers rights ...

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