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Official Roadside bomb kills 6 policemen in western Afghanistan
KABUL - A powerful roadside bomb killed six policemen in western Afghanistan on Tuesday when their vehicle hit the explosives buried in the road, an Afghan official said. Insurgents often use makeshift land mines to target both Afghan government officials and international forces in Afghanistan. The explosives often kill civilians as well, accounting for a large percentage of Afghan civilian ...
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Credit Suisse is the No. 2 in Asia prime brokers
Goldman Sachs remains Asia's top prime broker with 179 clients and total assets under management of $24.6 billion. Credit Suisse overtook Morgan Stanley by adding 14 new clients and $2.4 billion in assets over the last year, a first for any prime broker in Asia, the survey ...
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Wave of attacks kills at least 95 in IraqThe bloodshed is still far shy of the pace scale and brutality of the dark days of 2006-2007 when Sunni and Shiite militias carried out retaliatory attacks against each other in a cycle of violence that left the
BAGHDAD: A wave of attacks killed at least 95 people in Shiite and Sunni areas of Iraq today, officials said, pushing the death toll over the past week to more than 240 and extending one of the most sustained bouts of sectarian violence the country has seen in years. The bloodshed is still far shy of the pace, scale and brutality of the dark days of 2006-2007, when Sunni and Shiite militias ...
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Owner Chinese boats captain beaten by NKoreans
BEIJING (AP) -- The owner of a Chinese fishing boat seized for more than two weeks by armed North Koreans says the captors wore military uniforms, and that they beat up the boat's captain and stole its ...
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Chinas Li seeks stronger economic ties with India
Chinese Premier Li Keqiang waves at the media in front of Indian Prime Minister Manmohan Singh during his ceremonial reception at the Indian President's palace in New Delhi, India, Monday, May 20, 2013. Li said Monday he chose India for his first foreign visit because cooperation between the world's two most populous nations is crucial to world stability and economic growth. He was ...
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Political parties aim for a greener Asia
The International Conference of Asian Political Parties (ICAPP) Special Conference will provide a platform for Asian countries to explore ways for more sustainable development in the region, said Shen Beili, an official with the International Department of the Communist Party of China (CPC), today in ...
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Death toll in Turkish balloon crash reaches 3
ANKARA, Turkey: Officials say another Brazilian tourist has died of wounds sustained after a hot air balloon crashed to the ground, raising the number of tourists killed to 3. The balloon collided with another balloon mid-air and crashed during a sightseeing tour of volcanic rock formations in Turkey's Cappadocia region on Monday. The governor's office for Nevsehir province said ...
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EM ASIA FX-Taiwan dollar won lead Asia FX gains Bernanke in focus
* Taiwan dlr up on foreign investors, exporters; c.bank caps * Won up on offshore funds, exporters; intervention suspected * Baht firm on inflows, short-covering; rate cut views limit (Adds text, updates prices) By Jongwoo Cheon SEOUL, May 21 (Reuters) - The Taiwan dollar and the South Korean won led gains among emerging Asian currencies on Tuesday, as investors ...
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Bangladeshi South Korean climbers die on Everest
KATHMANDU (AFP) - A climber from Bangladesh and another from South Korea have died on Mount Everest as hundreds flock to the world's highest peak during good weather, Nepalese tourism officials said Tuesday."Both men died while descending from the summit on Monday," an official with the tourism ministry told AFP from Everest Base Camp.Sung Ho-Seo, 34, of South Korea was attempting ...
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Asia shares mixed ahead of Bernanke testimony
Asian shares were mixed on Tuesday after a dip on Wall Street ahead of testimony from the US Federal Reserve chief and a policy meeting of the Japanese central bank. The dollar turned higher against the yen in Asia as investors waited for Fed chairman Ben Bernanke's testimony on the US economic outlook to Congress on Wednesday. Tokyo stocks rose 0.13 percent or 20.21 points to 15,381.02, ...
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Asia Naphtha-S Korea YNCC seeks vols for 1-year period
SINGAPORE, May 21 (Reuters) - South Korea's YNCC is seeking naphtha for a one-year period starting July 2013 and ending June 2014, traders said on Tuesday. Traders had said on Monday South Korea's top ethylene maker Lotte Chemical's unit Titan, based in Malaysia, was seeking up to 130,000 tonnes, also for July 2013 to June 2014 arrival at Pasir Gudang. It was not clear how ...
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Burberry profit rises 14 percent on Asia retail growth
LONDON (Reuters) - British luxury group Burberry said full-year pretax profit rose a better-than-expected 14 percent on strong retail growth in Asian markets, where it is increasing numbers of Burberry branded stores. Burberry, known for its ...
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EURUSD had started to move higher in Asia
EUR/USD drifted cautiously higher. There was very little important news to guide the price action. There were hardly any data in the US or in Europe. So, the focus was on the Fed exit debate. Markets are awaiting the appearance of Fed's Bernanke before the Joint Economic Committee of Congress on Wednesday, looking for clues on the timing of the Fed's exit. Recent soft eco data suggest ...
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Myanmar Muslims jailed for killing Buddhist monk
MEIKHTILA, Myanmar -; Six Muslim men and one minor have been sentenced to jail terms ranging from life to two years in prison for involvement in the killing of a Buddhist monk during sectarian violence in central ...
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Business Briefs May 21
* Phu My Hung Corporation last week held ceremony to mark its 20 years of operation in Vietnam. During the period, the firm has developed 84 projects and around 12,000 housing units. Currently, there are around 25,000 people living in Phu My Hung new urban area in HCM City’s District 7. * Electro-Voice has introduced ZLX loudspeakers of 12 and 15 inches in Vietnam with prices ranging ...
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The Asian stock indexes slipped
The appetite for risk was neutral in FX in the Far East. Most foreign currencies consolidated after profit taking boosted them on Monday from their recent losses. While the yen remains near a 4 1/-year low, the Aussie is attempting to separate itself from an eleven-month low. The Asian stock indexes slipped. The short-term outlook for most foreign currencies is sideways. The medium-term outlook ...
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Chinese analysts defend Sino-India trade imbalance
China's growing surplus in trade with India, an issue of concern to New Delhi, is difficult to resolve and is likely to widen, Chinese experts said. The trade imbalance has come up during the current India visit by Chinese Premier Li Keqiang. Trade between India and China is one of the fastest growing, although the two Asian neighbors have longstanding border disputes that resulted in a ...
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Tough oil market forces trading firms in Asia to cut jobs reshape
* At least 15 trade staff have left since late last year * Low European demand, China exports hit middle distillates * Trade firms seek revenue from LNG, agriculture, assets By Florence Tan and Jessica Jaganathan SINGAPORE, May 21 (Reuters) ...
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REFILE-GLOBAL MARKETS-Dollar firms as suspense builds Asia shares dip
Tue May 21, 2013 2:30am EDT * Dollar index firmer, but down from near 3-year high * MSCI Asia Pacific ex-Japan slips 0.2 percent * Nikkei up slightly, hits 5-1/2-year high By Masayuki Kitano and Vidya Ranganathan SINGAPORE, May 21 (Reuters) - The U.S. dollar inched up against major currencies but stayed well off highs on Tuesday as investors cautiously traded expectations of whether Federal ...
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Australian zoo says white rhino birth sign of hope
An Australian zoo said on Tuesday the birth of a southern white rhinoceros was a "sign of hope" for the species given the escalation of poaching in ...
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Monster tornado rips apart Oklahoma at least 91 dead
Oklahoma City has risen to 91, including at least 20 children, an official told CNN early Tuesday. Amy Elliott, of the state medical examiner's office, said in a televised interview that 40 more bodies had been recovered since an earlier toll of 51, after the massive twister flattened several suburban blocks and two schools. Stunned weather forecasters reported a two-mile (three-kilometer) ...
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Israel fires back at Syria after gunshots at its troops
Israeli soldiers walk together during a training close to the ceasefire line between Israel and Syria on the Israeli occupied Golan Heights May 7, ...
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Guatemalas top court annuls Rios Montts genocide conviction
Rios Montt was found guilty of overseeing the killings by the armed forces of at least 1,771 members of the Maya Ixil population during his 1982-83 rule in ...
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Death toll rises to 21 in Indonesian mine collapse
TIMIKA, Indonesia (AFP) - The death toll from a mine tunnel collapse in eastern Indonesia has risen to 21, the US operator said Tuesday, as rescuers searched for another seven workers now also presumed dead.The accident happened on May 14 at Freeport-McMoRan's Grasberg, one of the world's biggest gold and copper mines in mountainous, remote Papua province, and 10 workers were rescued ...
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Japan mayor says S Korean troops abused women
South Korean soldiers were guilty of abusing women in wartime, Osaka's mayor said in comments reported Tuesday, days after provoking a storm by labelling sex slaves a military ...
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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