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Send money to India
Interest rates are already coming down. So the foreigners' faith in India that India has got disproportionate allocation in emerging markets is also validating ...
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China Vietnam agree to set up hotline
BEIJING -; China and Vietnam agreed on Wednesday to set up a hotline to resolve fishing incidents in disputed South China Sea waters that have been a frequent source of tensions between the two ideological ...
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Markets drift as investors ready for Fed
The central bank wraps up a two-day policy meeting later and investors are looking to see if policymakers are moving towards any change in its monetary policy stance. The Fed's strategy of super-low interest rates and easy money over the past few years has been designed to shore up the U.S. economy. It has also helped drive sentiment in the ...
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Asia sentiment rises in Q2
Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows.The Thomson Reuters/INSEAD Asia Business Sentiment Index climbed six points to 71 in June, its highest level in five quarters and the third consecutive ...
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The Taliban rebels ready for the peace table
religious extremism . The Taliban emerged in the 1990s, garnering support in Afghanistan by bringing order to rural areas wrecked by warlords, before imposing their austere version of Sunni Islamic law after fighting their way to power in 1996. Television, music and cinema were banned, girls were stopped from going to school, woman had to wear the all-covering burqa and men had to grow beards, ...
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President Obama to renew calls for nuclear reductionsPresident Barack Obama on Wednesday will renew his call to reduce the worlds nuclear stockpiles including a proposed one-third reduction in US and Russian arsenals a senior administration offici
Obama will make his case during a speech at Berlin's iconic Brandenburg Gate. His address comes nearly 50 years after John F Kennedy's famous 'Cold War' speech in this once-divided ...
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Hezbollah fighters battle rebels near Syria capital NGO
Damascus on Wednesday, monitors said, as President Bashar al-Assad's regime kept up a push to cut off the insurgents' supply lines. "Army troops and Hezbollah members fought rebels near the Khomeini hospital in Zayabiyeh village," southeast of Damascus, said the Syrian Observatory for Human Rights. ...
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More From Rest of World
Global warming may cause extreme droughts in India, World Bank warns Global warming could lead to more extreme droughts in large parts of India, resulting in widespread food shortages and hardship in the country, in the next few decades, a new World Bank report warned ...
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Myanmar court convicts Muslims over violence
YANGON, Myanmar (AP) -- Authorities in Myanmar say a court has found two Muslim women guilty of sparking a recent outbreak of sectarian violence in the country, one of them by bumping into a novice ...
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Thailand cuts rice-buying subsidy after big losses
BANGKOK (AFP) - Thailand said Wednesday that it would slash the price paid to rice farmers under a controversial scheme that caused the kingdom to lose its place as the world's top exporter of the commodity last year.The country has paid its farmers around 50 percent more than the market value for rice since 2011 in an effort to boost incomes in the rural heartlands of the ruling party.The ...
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Asia Pacific - IFJ affiliates in Southeast Asia form new network
Journalists' Unions and Associations in South East Asia, affiliated with the International Federation of Journalists (IFJ), have formed a new network aimed at tackling issues affecting journalists' safety, rights and freedoms in the region.The 'Southeast Asian Journalists' Unions Network,' formed during a meeting of the affiliates in Phnom Penh, Cambodia, aims to build ...
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Asian markets mostly down ahead of Fed decision
HONG KONG (AFP) - Asian markets were mostly lower Wednesday, with focus on the US Federal Reserve's policy meeting later in the trading day, but Tokyo enjoyed another rally as data showed a surge in exports thanks to a weaker yen.Wall Street again provided a healthy cue, with investors betting the Fed will stop short of reeling in its "quantitative easing" (QE) bond-buying ...
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Aberdeen favours Asia in tough year for investors
Asian companies could offer some of the best opportunities in 2009, in what promises to be another ';extremely tough year'; for investors, says Aberdeen Asset Management. The group expects investment in the key asset classes of equities, fixed income and property to continue to be challenging as evidence of a global economic slowdown accumulates. Aberdeen forecasts that both the ...
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Chinas Xi harks back to Mao in party cleanup
BEIJING (AP) -- China's new leader Xi Jinping is commanding wayward Communist Party cadres to purify themselves of corruption, and he's summed it up in a pithy slogan as Mao Zedong might have done: Look in the mirror, take a ...
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AFCs President congratulates Asian soccer teams who have qualified for participation in the World Football Cup2014 in Brazil
Kuala Lumpur: June 19 -- (BNA)-- The Asian Football Confederation (AFC)'s President, Shaikh Salman bin Ibrahim Al Khalifa, congratulated the Asian football teams who qualified for participation in the World Football Cup finals in Brazil in 2014, wishing them success and best of luck in future in order to honor Asian soccer. Shaikh Salman bin Ibrahim Al Khalifa praised the great ...
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Ex-USC professor on FBI most-wanted list captured in Mexico
A former University of Southern California professor on the FBI's most-wanted list for alleged sex crimes involving children was caught in Mexico, the FBI said. Bill Lewis, FBI assistant director in charge, said 64-year-old Walter Lee Williams was arrested Tuesday by Mexican authorities, The Los Angeles Times reported. The FBI said authorities have identified at least 10 of the alleged ...
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China seeks shared development pragmatic cooperation with ASEAN FM
China strives for shared development and pragmatic cooperation with ASEAN countries to promote peace, stability and prosperity in East Asia, said Chinese Foreign Minister Yang Jiechi at the ASEAN Plus China Foreign Ministers' Meeting held in Bali, Indonesia Thursday.Yang said this year marks the 20th anniversary of the establishment of the China-ASEAN dialogue relationship and in the past ...
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China seeks win-win development with Asia
BEIJING, March 10 (Xinhua) -- Residents in Hekou in southwest China can still recall its former days as a quiet, anonymous town that attracted few visitors from neighboring Vietnam for business or sightseeing.But major changes have hit the town in Yunnan province. With two roads and one rail line linking it with Vietnam, Hekou has become a bustling hub for Vietnamese visitors buying bargain ...
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Activists targeting China dog meat festival
BEIJING (AFP) - A festival dedicated to dog meat in southern China has been targeted by protesting animal lovers, who have won a minor concession from local officials, an activist said on Wednesday.The annual festival, scheduled to take place on Friday in Guangxi province, sees dogs packed into cages before being killed, skinned and cooked -- but has met with increasing opposition from ...
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Cambodia PM says garment firms may quit over wage rows
PHNOM PENH (AFP) - Cambodia's strongman Prime Minister Hun Sen on Wednesday warned garment workers that protests demanding higher wages could push manufacturers to quit the country. His appeal came after unions last week said hundreds of workers had been fired from a factory making sportswear for US giant Nike after a series of pay protests. Cambodian workers have repeatedly demonstrated ...
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Haze update Indonesia to use rain-making technology to stop fires
An Indonesian firefighter extinguishes a fire near a forest area of Pekanbaru in Riau province located in Sumatra island on Wednesday, June 19, 2013. Indonesia plans to use weather changing technology to try to unleash torrents of rain and extinguish raging fires on Sumatra island that have cloaked neighbouring Singapore in thick haze, an official said on Wednesday. -- PHOTO: ...
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Points to ponder on gold Asian demand and QE tapering
Asian gold demand, and that from China in particular, is of far more importance than markets credit - and QE tapering may not be negative for gold, at least in the medium to long ...
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Ministries Partners and Experts to Meet at AfDB Africa-Asia Knowledge Exchange on Universal Health Coverage
The African Development Bank is organizing is a dialogue forum between African and Asian countries on achieving Universal Health Coverage (UHC) in Lusaka, Zambia on June 25-28, ...
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Video Corporate Asia perks up but for how long
The latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows firms growing more optimistic. But with China looking shaky and costs set to rise, the celebrations may be ...
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ASEAN China eye more cooperation in search rescue in South China Sea
Some 40 representatives from ASEAN and China Wednesday attended a workshop on strengthening ASEAN- China cooperation in search and rescue of persons and vessels in distress in the South China Sea.Addressing the workshop, Pham Quang Vinh, Vietnamese deputy minister of foreign affairs, said the workshop is a part of the implementation of the Declaration on the Conduct of Parties in the South China ...
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