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Indian Shares Extend Losses On Asian Cues Weak Rupee
markets lower on Thursday after Fed chief Bernanke hinted at reducing the current pace of bond purchases and preliminary data showed China's manufacturing activity contracted for the first time in seven months in May. The Indian rupee opened at 55.84 against the dollar, hitting a fresh six-month low, weighed down by a stronger dollar and lingering concerns about India's high current ...
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Aging Asia to strain worlds long-term economic growth think-tank
The Asia-Pacific region will continue to power global economic growth in 2013, but the region's increasing aging population will cast a shadow on the long-term development, according to a Canadian think-tank."Productivity gains and a large, young working-age population have done much to boost Asian economic growth over the past three decades. But Asia's demographic dividend is ...
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Police Car bomb kills 12 in southwest Pakistan
QUETTA, Pakistan — A police officer says a car bomb in southwest Pakistan has killed 11 policemen and a civilian. Fayaz Sumbal says the Thursday morning bombing on the outskirts of Quetta city has also wounded about 23 people. He says a remote-controlled bomb in a car parked along a road targeted a vehicle carrying members of the police's special forces. Quetta is the capital of ...
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Grounded ship is Philippines last line of defence
A handful of marines living on a World War II-era ship that is grounded on a remote, tiny reef is the Philippines' last line of defence against China's efforts to control most of the South China ...
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Man hacked to death in London attack heightens terror fears
London military barracks and one then went on video to explain the crime - shouting political statements, gesturing with bloodied hands and waving a meat cleaver. Soon after, arriving police shot and wounded the unidentified assailants and took them into custody. The brutal daylight attack galvanized this city and raised fears that terrorism had returned to London. Authorities did not identify ...
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Malaysian charged with sedition over call to protest general election result
KUALA LUMPUR (AP) - Prosecutors have filed a sedition charge against a student activist who had urged Malaysians to engage in street protests against the government over claims of election fraud. The ruling Barisan Nasional coalition that has governed since 1957 won the May 5 general elections. Opposition officials insist the coalition retained power through bogus ballots and other ...
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Building materials blamed in Bangladesh disaster
DHAKA, Bangladesh -; A government investigation found poor quality construction materials and building code violations were among the "series of irregularities" that caused the collapse of a building housing garment factories last month in Bangladesh, the committee head said ...
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Asian Markets Trade Lower On Economic Worries
economy following a weak manufacturing report from China. The overnight weak close on Wall Street amid doubts about further monetary stimulus from the U.S. Federal Reserve is also contributing to the weakness in the Asian region.The Australian stock market is trading sharply lower with investors pressing sales at several counters. Financial, consumer staples, industrial, mining and property ...
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Amnesty International urges governments to do more for refugees
LONDON: Human rights group Amnesty International has launched its 2013 annual report into global welfare.The organisation, which focuses mainly on dangers faced by refugees, displaced people and migrants, is now calling on global governments to do ...
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Three Chinese ships in disputed waters Japan coastguard
A Chinese marine surveillance ship cruises near the disputed islets on April 23, 2013. Three Chinese government ships have entered the waters of disputed islands on Thursday, Japan's coastguard said. ...
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Asian movies with Western style
movie s in Taiwan is that I will always see things from a different perspective. My films are about Taiwanese people, but there is a Western sense of humour and film-making style," says the second-generation American. "And there will always be things that only I will notice about the daily lives of Taiwanese, because I find them unique and different. I think the same will happen if I ...
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Bangladeshi factory collapse volunteers struggle to sleep haunted by rescue trauma
MAMUN was hailed a hero for pulling survivors from the ruins of Bangladesh's Rana Plaza factory complex but now he struggles to sleep, haunted by the memory of sawing off a young woman's hand. "I had never even touched the hand of a woman before but it was the only way to save her and the others," said the 22-year-old in an interview ahead of the one-month anniversary of ...
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US tornado survivors begin rebuilding their lives President Obama to meet them on Sunday
Oklahoma City suburb rolled up their sleeves Wednesday under a blazing sun and got down to the long, hard task of rebuilding their lives. Local authorities in Moore deemed it safe for everyone who lived within the 17-mile (27-kilometer) long disaster zone to return to their homes, or what little remained of their homes, to collect whatever belongings they could. Twenty-four people died when the ...
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DHL Express Named One of Asia Pacifics Best Employers by Aon Hewitt
Inaugural wins for 'Best Employer' award in Thailand, Indonesia and South Korea SINGAPORE, May 23 2013 /PRNewswire/ -- DHL, the world's leading logistics company, has been named 'Best Employer' in Asia Pacific for its Express division by Aon Hewitt, a global leader in human resource consulting and outsourcing solutions. Additionally, DHL Express received the 'Best ...
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Lawyer Malaysian accused of rape married the girl
KUALA LUMPUR, Malaysia (AP) -- Prosecutors say they are pursuing rape charges against a Malaysian who allegedly had sex with a 13-year-old and then married ...
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Giant freezer offers shelter from fury
twister as it passed literally on top of them. "I thought it was an earthquake," recalled Michael. "I felt the building was shaking and moving. There were loud noises and banging and wind blowingI thought only the glass door of the restaurant would be broken, but when we crawled out, everything was gone." Initially, the Zhangs struggled to open the freezer door against ...
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Li moots China-Pak eco corridor
Li Keqiang on Wednesday linked growth in his country's restive west with that in sluggish Pakistan, saying the two sides wanted to create an "economic corridor" to boost development. Li, on his first overseas trip since taking over in a once-in-a-decade power transfer in Beijing, congratulated Pakistan on its recent general election and hailed the countries' long-standing ...
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Iodine deficiency during pregnancy adversely affects child’s mental development
Iodine deficiency during pregnancy, something rampant among Indian women, adversely affects the child's mental development. A UK study published in medical journal The Lancet on Thursday has shown that iodine - which is consumed mainly via dairy products and seafood - is essential for producing hormones made by the thyroid gland, which have a direct impact on fetal brain development. A ...
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Pope lands in exorcism row
A dispute over whether Pope Francis performed an exorcism intensified with a well-known exorcist insisting that Francis helped ';liberate'; a Mexican man possessed by four different ...
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No bank deposits will be spared from confiscation
] Bank depositors in the UK and USA may think that their bank deposits would not be confiscated as they are insured and no government would dare embark on such a drastic action to bail out insolvent banks. [But] I challenge anyone to prove me wrong that confiscation of bank deposits is legalized daylight robbery Before I explain why confiscation of bank deposits in the UK and US is a certainty ...
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Asia Roundup Mixed despite strong Wall Street lead
Asian shares were mixed yesterday, Wednesday May 22 2013 despite a strong lead from Wall Street as markets awaited testimony from the US Federal Reserve chief, but Tokyo stocks finished at their highest level in five years. Seoul climbed 0.64 per cent, or 12.74 points, to finish at 1,993.83, while Sydney ended down 0.28 percent, or 14.7 points, at 5,165.4. Shanghai closed down 0.12 per cent, ...
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Japan is integral to the future of Asia PM Lee Hsien Loong
Singapore Prime Minister Lee Hsien Loong said Japan is integral to the future of Asia and called on Japan to deepen its strategic engagement with Southeast Asia and the wider ...
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French workers’ struggle triggers ‘Kill Mittal’ game
Lakshmi Mittal to keep a factory open. Players throw barrels and beams at police in the "Kill Mittal" game inspired by the long-lasting -- and ultimately unsuccessful -- struggle in France's northeastern town of Florange to stop the closure of steel blast furnaces owned by Mittal. "This game is not an incitement to violence or to beat up the big bosses. I purposefully chose ...
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The Asian Century Is Built On Broadband
Ben Pobjie Say what you like about Canberra, the city has got guts. And even after a century, the city still comes alive during a good bout of leadership speculation. Ben Pobjie hoists a glass of average chardy to our nation's ...
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Asia Markets Tokyo stocks soar as Sydney Seoul retreat
HONG KONG (MarketWatch) -- Australian and South Korean stocks dropped Thursday on worries the Federal Reserve could downscale its bond purchases, while Japanese shares marched to fresh multiyear highs as several exporters got a lift from the weakened ...
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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