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Mobile services shut in Pakistan ahead of Chinese PMs visit
ISLAMABAD: Pakistani authorities on Wednesday shut mobile services in Islamabad and the nearby garrison city of Rawalpindi over security concerns on the arrival ...
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China charges six in sex video extortion case
BEIJING: A court in the city of Chongqing has charged six people with working together to blackmail government officials by recording videos of them having sex, the official Xinhua news agency reported on Wednesday. The six were charged with extortion on Monday, Xinhua said, citing a statement from judicial authorities in Chongqing, where they are slated to be tried. Investigators said the group ...
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GSMA Puts The Connected City At The Heart Of Mobile Asia Expo 2013
LONDON, May 22,2013 /PRNewswire/ -- At Mobile Asia Expo 2013 in Shanghai, the GSMA will unveil a new Connected City experience, building on the success of the Connected City at this year's Mobile World Congress. Opening on the ...
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Asia stares at another year of record bond issuance
Wed May 22, 2013 2:52am EDT * Region on track for US$85bn in dollar bonds by end-May * Total 2013 volume may reach US$155bn * S&P sees Asian bond market outgrowing US by 2017 By Christopher Langner May 22 (IFR) - Dollar bond issuance from Asia, excluding Australia and Japan, is on track to end May over US$85bn, a record, after two weeks of US$6bn-plus in fixed income supply and amid forecasts of ...
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US parents quit Singapore inquest into sons death
SINGAPORE -; The parents of an American software engineer who believe their son was murdered last year in Singapore withdrew from the inquest Wednesday, saying they have no confidence in the city-state's legal ...
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Pakistani cricket star politician leaves hospital
Supporters of former Pakistani cricket star and chief of Pakistan Tehreek-e-Insaf party (PTI) Imran Khan attend a sit-in-protest to condemn the killing of Zohra Shahid, a senior member of PTI in Karachi, Monday, May 20, 2013 in Islamabad, Pakistan. Police said gunmen on a motorcycle shot and killed Shahid outside her home on Saturday. (AP Photo/B.K. ...
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Asian stocks buoyed by Wall Street
Sydney - Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a five-and-a-half-year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's (BOJ) policy ...
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GLOBAL MARKETS-Asian stocks supported by Fed reassurance BOJ stands pat
Wed May 22, 2013 2:20am EDT * Some Asian stock markets buoyed by record highs on Wall St * Fed officials play down speculation of ending stimulus anytime soon * BOJ keeps policy unchanged as expected * JGB futures dip after BOJ, Nikkei stays firm By Masayuki Kitano and Vidya Ranganathan SINGAPORE, May 22 (Reuters) - Some Asian stock markets rose on Wednesday following a positive lead from Wall ...
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Oil falls below $96 before Fed chief speaks
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy. Benchmark crude for July delivery was down 46 cents to $95.72 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The June contract fell 55 cents to settle ...
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Pakistan leader Imran Khan leaves hospital for home
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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IHT Rendezvous Tensions Flare in Asian Seas Now Involving Taiwan
Residents of Taichung in Taiwan, led by a Taiwanese lawmaker, Lu Shou-yen (center, in purple shirt,) chant slogans demanding an apology from the Philippine government for the death of a Taiwanese ...
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Japan mulls talks with NKorea surprising allies
TOKYO -; Japan's government is looking into re-opening official talks with North Korea to resolve questions over the abductions of Japanese citizens decades ago, raising concerns among allies who fear Tokyo's focus on that issue might weaken efforts to reign in Pyongyang's nuclear weapons ...
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Indian Shares Rise On Asian Cues
Indian shares edged higher on Wednesday, tracking firm Asian cues amid expectations that the Fed would stick to its $85 billion monthly bond-buying program until next year to bolster the economic recovery.Meanwhile, the Bank of Japan concluded its two-day policy meet with Governor Haruhiko Kuroda pledging to conduct money market operations so that the monetary base will increase at an annual ...
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The June 7-8 Obama-Xi Summit Likely Start Of A New Asian Order
US President Barack Obama (2nd R) and Chinese Vice President Xi Jinping (2nd L) speak alongside translators during meetings in the Oval Office of the White House in Washington, DC, February 14, 2012. The White House on Tuesday welcomed China's likely next leader Xi Jinping, with President Barack Obama looking to push Beijing on a range of concerns yet also work for smoother future ...
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State media shows NKorea has new military chief
PYONGYANG, North Korea (AP) -- A North Korean state media dispatch shows that leader Kim Jong Un has named a hardline general as his new military ...
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Asia Markets Japan stocks hold gains after central-bank meet
HONG KONG (MarketWatch) -- Japanese stocks stayed on course for a fresh multiyear high Wednesday after the country's central bank raised its economic outlook, even as it left other elements of its monetary policy ...
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Cannes Apsara Distribution Gets Asia Rights to Harrison Fords Paranoia
Cannes: While Theft Continues to Plague Fest, Charity Event Hits the Carlton (Column) The company has a deal with Buena Vista International in selected territories Hong Kong, Indonesia, Singapore, Philippines, Malaysia, Thailand, Taiwan, Vietnam and Cambodia. Titles secured by Apsara ...
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China arrests 13 over intertnet posts that sparked protests
Chinese authorities have arrested 13 people for internet posts that sparked a rare protest in Beijing, highlighting tensions between officials and migrant workers, police said. The 13 held include the boyfriend ...
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North Korea sends leaders special envoy to China
PYONGYANG, North Korea (AP) -- North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to travel to China on Wednesday as a special envoy while Beijing is under pressure to rein in its belligerent ...
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All 28 bodies recovered from Indonesian mine room
JAKARTA, Indonesia -; Rescuers have recovered all 28 bodies from a collapsed underground room inside the giant U.S.-owned gold and copper mine in Indonesia's province of ...
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Japans central bank says economy picking up
TOKYO -; Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at ...
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Vietnam to co-operate with Asia-Pacific countries in managing scarce water
Vietnam is willing to co-operate with countries and exchange experiences in managing water resources and coping with natural disasters.Deputy Prime Minister Nguyen Thien Nhan said this at the plenary session of the second Asia-Pacific Water Summit (APWS) in Chiang Mai, Thailand, yesterday.Nhan said Viet Nam, like other countries in the Asia-Pacific region, was facing great challenges in water ...
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Oil down in Asian trade
AP PHOTO SINGAPORE – Oil was down in Asia on Wednesday as traders waited for the release of the latest energy inventory report from the United States, analysts said. Weak demand and surging crude stockpiles in the world’s biggest economy have put downward pressure on prices and limited gains. New York’s main contract, West Texas Intermediate light sweet crude for delivery in ...
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Asia stocks rise as Fed official backs easy policy
Regional Fed chief James Bullard said in a speech Tuesday that the Fed should continue its monthly $85 billion in bond purchases, which drives down interest rates and thus encourages lending and spending, to help spur the U.S. economic ...
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EM ASIA FX-Taiwan dollar firm most others stable
May 22 (Reuters) - The following table shows the position of Asian currencies against the dollar at 0135 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at 0135 GMT Currency Latest bid Previous day Pct Move Japan yen 102.55 102.48 -0.07 Sing dlr 1.2587 1.2597 +0.08 Taiwan dlr 29.794 29.942 +0.50 Korean won 1111.10 1110.60 -0.05 Baht 29.78 29.79 +0.03 Peso ...
Mongolia Digest
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Mongolia coal mine sparking international interest
The government, after much deliberation, has announced that it will sell a 30% stake in the state-owned company that owns one of the largest coking coal reserves in the world, generating a flurry of interest in the industry.
Tavan Tolgoi is a huge coal mine in the Tsogttsetsii district of the southern Mongolian province of Ömnögovi. It is an extremely rural open pit coal mine that is hundreds of miles from any form of efficient transport and faces many difficulties because of this, the nearest railway, for example, is over 400 kilometers from the mine, making the transport of coal time-consuming, expensive and laborious. Read more
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