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China ‘Benefit the Masses’ Campaign Surveilling Tibetans
It's hard to see the 'benefit' to Tibetans of thousands of political education sessions, partisan quasi-police force operations, and scrutiny of their political views. In a region where people are already subjected to extraordinary monitoring, this village-level drive, alongside similar efforts directed at towns and monasteries, effectively means that Tibetans cannot avoid state ...
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Australian sentenced for life for migrants murder
MELBOURNE, Australia -; A serial sex offender has been sentenced to life in prison for a rape and murder that outraged Australia's second-largest ...
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Asia Roundup Mixed as US Fed prepares for meeting
Asian markets were mixed yesterday, Tuesday June 18 2013 with traders sitting on the sidelines as they await the US Federal Reserve’s plans for its stimulus programme. The dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data. Tokyo stocks dropped 0.20 per cent, or 25.84 points, to 13,007.28, after jumping 2.73 per cent the ...
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FIFA World Cup Asian qualifying results
Following are the results of FIFA World Cup Asian qualifiers on Tuesday:At SydneyAustralia 1, Iraq 0At SeoulSouth Korea 0, Iran 1At TashkentUzbekistan 5, Qatar 1Note: Australia, South Korea and Iran have qualified for the World Cup ...
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East Asia trade pact to help ease tensions
The free trade talks involving China, Japan and South Korea must be accelerated to help ease political tensions and meet challenges from other FTAs, officials said on Tuesday. "Whatever the political relations, the FTA will go on as the three sides pursue win-win-win results and mutual economic benefits," Shin Bong-kil, secretary-general of the Trilateral Cooperation Secretariat, told ...
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Hairy stockings to fend off perverts
Sina Weibo -- the Chinese equivalent of Twitter -- purports to promote 'hairy stockings'. The picture shows a pair of legs hairy from thigh to ankle but nonhairy feet -- leaving the gender of the subject open to debate. "Super sexy, summertime anti-pervert full-leg-of-hair stockings, essential for young girls going out," the post reads, according to trend watcher ChinaSMACK. ...
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Four Americans killed in attack on Afghan base US official
US defense official said. The deaths were caused by insurgent "indirect fire," either mortars or rockets, said the official, who spoke on condition of anonymity. The report of casualties came hours after ...
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GLOBAL MARKETS-Nikkei outperforms Asian stocks as Fed looms
Tue Jun 18, 2013 11:38pm EDT * Asian stocks softer as Fed outcome awaited * Markets hope for clarity on any pullback in Fed stimulus * Nikkei up as softer yen boosts exporters; currencies mostly steady By Ian Chua SYDNEY, June 19 (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street plus a softer yen, outperforming the rest of Asia which anxiously seeks ...
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Hapag-Lloyd to Add Bahrain Call to Intra-Asia Services
will add a direct port call at Bahrain to its South China Sea Express and Middle East Express services.The new rotation will begin on Aug. 12, with the sailing of the NYK Theseus, voyage 26w/27e33, according to the container ...
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Cambodia Court Upholds Unjust Verdict - Human Rights Watch
Cambodian court’s ruling upholding the conviction of a land rights activist on trumped-up charges shows the political use of the country’s legal system to persecute critics of the government, Human Rights Watch said today. On June 14, 2013, the Court of Appeals in Phnom Penh affirmed a guilty verdict on charges of aggravated assault against Yorm Bopha, while reducing her three-year ...
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Market expected to be quiet in Asia ahead of the FOMC
Big one-off flows continue to dominate the FX market and once again we saw the EUR and the AUD headed in different directions on the back of some significant flows. The market took a dovish approach to the RBA minutes, although personally I failed to see anything new or surprising in the June minutes. EZ data was quickly ignored and the market concentrated instead on pushing through some big ...
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Yen Holds Decline Versus Dollar on Stock Gains Fed Prospects
The yen extended declines against the dollar before the Federal Reserve starts a two-day meeting today amid speculation about when the central bank will slow its quantitative easing programme of bond purchases. The currency weakened against most of its 16 major peers after a Bank of Japan report showed its current-account balance will rise to a record amid unprecedented monetary stimulus. ...
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Emerging Stocks Drop on Stimulus Concern as Philippines Rallies
Emerging-market stocks fell for the first time in three days amid concern rising Chinese home prices will limit the scope for monetary stimulus. Shares in the Philippines and Indonesia surged. GCL-Poly Energy Holdings Ltd (3800) tumbled 12 percent in Hong Kong after a unit of China’s sovereign-wealth fund agreed to sell a stake in the company. S-Oil Corp. and Lotte Chemical Corp. ...
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Alibaba-Backed Sinosoft Tech Plans $60 Million HK IPO
Sinosoft Technology Group, an export-services software firm in which Alibaba Group owns a 25 percent stake, is planning to raise around $60 million in an initial public offering in Hong Kong, a person familiar with the situation said Monday. The firm will start taking institutional investors’ orders from Wednesday and plans to list on the Hong Kong stock exchange on July 5. Alibaba ...
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REITS in HK Singapore Lose Their Allure
Hong Kong and Singapore have seen a spate of initial public offerings by trusts playing on investors’ desire for two elements in recent months: yield and hard assets.But a recent selloff in real-estate investment trusts in both cities hints at the fading allure of dividend-paying stocks, as concerns that the US Federal Reserve may soon scale back its stimulus moves have driven up Treasury ...
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Taiwan outpost looks to former foes for survival
Matsu used to be the most dangerous assignment there was for draftees into Taiwan’s military. Located only 9km from the coast of mainland China, commanders in the island group told of a time decades ago when Chinese special forces frogmen would land under the cover of darkness and kill unsuspecting young soldiers on guard duty. Nowadays, the islands and their residents are looking to the ...
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Taiwan Negotiations With Philippines To Continue
Taiwan and the Philippines are expected to hold another meeting early next month to continue negotiating on fishing operations in the overlapping waters of their exclusive economic zones, an official said yesterday. The second preparatory meeting – to pave the way for fishery talks between the two countries – is set to take place in Taipei, said Benjamin Ho, director-general of the ...
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UN chief Any US-N Korea talks must focus on denuclearising Korean peninsula
Secretary-General Ban Ki-moon believes any dialogue between the United States and North Korea should focus on the goal of denuclearising the Korean peninsula, a UN spokesman said Monday. UN deputy spokesman Eduardo del Buey said that Ban also believes inter-Korean dialogue is key to defusing tensions and ensuring peace on the peninsula. Ban’s spokesman was asked to comment on North ...
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Korea and US on same page
South Korea has joined the US in insisting that rival North Korea take ';concrete'; steps towards abandoning its nuclear weapons if it wants to end its international isolation. The South’s comment yesterday came a day after Pyongyang sought to circumvent Seoul by seeking talks with Washington. The move was widely seen as an effort to drive a wedge between the US and its South ...
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N Korea Tries Nuclear Head Fake
North Korea-US: The Korean Central News Agency broadcast an important statement on 16 June. ';The spokesman for the National Defense Commission (NDC) of the Democratic People’s Republic of Korea (DPRK) issued the following crucial statement on Sunday: The present US administration is now asserting that the development of the situation depends on the DPRK, urging the DPRK to show ...
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Top Milk Producer Bulks Up in China
China’s top milk producer China Mengniu Dairy Co. 2319.HK 0.00 percent Ltd is buying a majority stake in smaller rival Yashili International Holdings Ltd, 1230.HK 0.00 percent two people familiar with the transaction said. The deal will trigger a mandatory offer for shareholders in Hong Kong-listed Yashili, which has a market capitalisation of $1.5 billion. Exactly how much Mengniu is ...
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China’s Huawei launches smartphone
Chinese telecoms giant, Huawei, will hold its first global product launch, hoping to capture market share from the industry-leaders Apple and Samsung in the highly competitive smartphone market. The firm will launch its flagship smartphone, the Ascend P6, in London. Asia Business Report asked Andrew Milroy from the consultancy Frost and Sullivan if Huawei can compete with its bigger ...
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China’s credit bubble is unprecedented Fitch
China’s shadow banking system is out of control and under mounting stress as borrowers struggle to roll over short-term debts, Fitch Ratings has warned. The agency said the scale of credit was so extreme that the country would find it very hard to grow its way out of the excesses as in past episodes, implying tougher times ahead. The debt snowball is getting bigger and bigger, without ...
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China’s May coal imports fall from April on policy uncertainty
China’s coal imports, including lignite, fell 3.9 percent in May from a month ago as worries over import policies, high overseas prices and weak local demand curbed buyers’ appetites, data from the China Coal Transport and Distribution Association showed. China is the top coal consumer and traders there said weak domestic demand and uncertainty over whether Beijing would limit ...
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Japan fears losing battle of buffets against China
Belt-tightening in Japan’s diplomatic service is cutting the quality of canapes on offer abroad, the Foreign Ministry has said, leading to fears Tokyo is losing the battle of the buffets to Beijing. Diplomats in Tokyo say China appears to be ramping up its spending on its missions while Japanese diplomats are being forced to scrimp, the ministry said. Allowances for embassy bashes have ...
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