• Bill Clinton on China’s Xi Jinping, Disputes in South China Sea

    Bill Clinton on China’s Xi Jinping, Disputes in South China Sea

    The former president touched on China’s corruption crackdown and new assertiveness in the world at a conference in Guangzhou. Former US President Bill Clinton said he’s impressed by China President Xi Jinping’s corruption crackdown and reforms to the one-child policy, but he also cautioned China’s new leadership not to intimidate smaller countries in disputes in [...]

    28-Jul-2014 Intellasia | Fortune | 6:00 AM
  • International aviation officials to hold emergency talks on MH17

    International aviation officials to hold emergency talks on MH17

    World aviation officials will hold an emergency meeting to discuss the downing of Flight MH17 over Ukraine, the International Civil Aviation Organisation (ICAO) announced Friday. The “special high-level meeting” will be held Tuesday, according to a statement, and will also cover “appropriate actions to be pursued in order to more effectively mitigate potential risks to [...]

    28-Jul-2014 Intellasia | AFP News | 6:00 AM
  • Taiwan plane survivor crawls out, phones dad

    Taiwan plane survivor crawls out, phones dad

    The 10 survivors of Taiwan’s worst air disaster in more than a decade include a 34-year-old woman who called her father after scrambling from the wreckage and seeking help at a nearby home. Hung Yu-ting escaped through a hole in the fuselage that opened up after the plane plowed into homes Wednesday while attempting to [...]

    28-Jul-2014 Intellasia | AP | 6:00 AM
  • Dutch Safety Board: 1st ‘factual findings’ soon

    Dutch Safety Board: 1st ‘factual findings’ soon

    The Dutch Safety Board leading the international investigation into the downing of Malaysia Airlines Flight 17 says it expects to publish “initial factual findings” soon. A spokeswoman said Friday that such findings could be published as early as the end of next week, and will likely provide a picture of how the investigation will proceed. [...]

    28-Jul-2014 Intellasia | AP | 6:00 AM
  • Indonesia’s Prabowo files challenge to election result

    Indonesia’s Prabowo files challenge to election result

    The ex-general who lost Indonesia’s presidential election to Jakarta governor Joko Widodo mounted a legal challenge to the result Friday, alleging widespread electoral fraud and irregularities in vote counting. Prabowo Subianto claims that massive fraud tipped the scales in Widodo’s favour, but his challenge is directed at the elections commission, in part for failing to [...]

    28-Jul-2014 Intellasia | AFP News | 6:00 AM
  • Three dead, dozens wounded in Thai car bomb

    Three dead, dozens wounded in Thai car bomb

    A car bomb exploded on Friday outside a hotel in insurgency-wracked southern Thailand, killing three people and wounding more than 30 others, police said. The blast ripped through a busy shopping street in the border town of Betong in Yala province which is popular with tourists from neighbouring Malaysia. A Malaysian tourist was among those [...]

    28-Jul-2014 Intellasia | AFP News | 6:00 AM
  • Philippine soldiers clash with militants; 5 dead

    Philippine soldiers clash with militants; 5 dead

    Philippine troops attacked a Muslim militant hideout on southern Basilan island, triggering a clash that killed three Abu Sayyaf members believed to have been involved in the 2011 kidnapping of an American woman and her teenage son, a military report said Friday. Two government militiamen were killed and two others were wounded. The report said [...]

    28-Jul-2014 Intellasia | Thestate | 6:00 AM
  • S. Korea police arrest son of sunken ferry owner

    S. Korea police arrest son of sunken ferry owner

    South Korean police arrested Friday the fugitive son of a business tycoon who owned the Sewol ferry which sank in April with the loss of around 300 lives, officials said. Yoo Dae-Kyun, 44, was picked up in a southern suburb ofSeouljust three days after his father Yoo Byung-Eun was confirmed dead. His arrest is expected [...]

    28-Jul-2014 Intellasia | AFP | 7:14 AM
  • A Troubled Outlook for China-Japan Ties

    A Troubled Outlook for China-Japan Ties

    China and Japan have seen historic disputes metastasize into present-day confrontations, and the possibility of resolution seems to be diminishing, according to a new study of tensions between the two Asian rivals. “Enmity between China and Japan is hardening into a confrontation that appears increasingly difficult to untangle by diplomacy,” said the International Crisis Group [...]

    28-Jul-2014 Intellasia | NY times | 6:00 AM
  • Fukushima study: Think about unthinkable disasters

    Fukushima study: Think about unthinkable disasters

    A US science advisory report says Japan’s Fukushima nuclear accident offers a key lesson to the nation’s nuclear industry: Focus more on the highly unlikely but worst case scenarios. That means thinking about earthquakes, floods, tsunamis, solar storms, multiple failures and situations that seem freakishly unusual, according to Thursday’s National Academy of Sciences report. Those [...]

    28-Jul-2014 Intellasia | AP | 6:00 AM
  • Haze could return to Singapore in the later part of the year, say experts

    Haze could return to Singapore in the later part of the year, say experts

    The air quality in Singapore has been relatively good in recent weeks, despite earlier expectations of a return of the haze. But satellite experts say that hotspots in Sumatra are spreading, which could cause haze to return to Singapore in the later part of the year. Southern Sumatra is expected to experience drier weather and [...]

    28-Jul-2014 Intellasia | CNA | 6:00 AM
  • Singapore’s F-15SG fighter jets join US exercise for the first time

    Singapore’s F-15SG fighter jets join US exercise for the first time

    The Republic of Singapore Air Force’s F-15SG warplanes are taking part for the first time in Exercise Red Flag – Nellis, hosted by its American counterpart, in Nevada from July 14 to July 26. It ends on Saturday. The exercise is an opportunity for participating pilots to simulate what they would do during an air [...]

    28-Jul-2014 Intellasia | Straitstimes | 6:00 AM

Society

Japanese fans speak on the evolution of ‘Godzilla’

Japanese fans want it known: The radiation-breathing, skyscraper-stomping monster they call “Gojira” was born right here in Japan, 60 years ago. No matter its evolution in Hollywood over the decades, the Godzilla creature began as an icon for the suffering brought by the atomic bombings of Hiroshima and Nagasaki at the end of World War [...]

River Mysteriously Turns Red

River Mysteriously Turns Red

A waterway in eastern China has mysteriously turned a blood red color. Residents in Zhejiang province said the river looked normal at 5 a.m. Beijing time on Thursday morning. Within an hour, the entire river turned crimson. Residents also said a strange smell wafted through the air. “The really weird thing is that we have [...]

10 Female Idols who could be Miss Korea

Contrary to popular belief, it takes more than just a swimsuit ready, model body and a princess look to be a Miss Korea. To win over a nation and convince it that you are the female embodiment of its best qualities, you need the whole package–looks, talent, and style galore. And what better pool of [...]

Health

Cambodia’s HIV efforts approaching a crossroads

Latest estimates say there are 36 million people worldwide affected by HIV, almost five million of them in the Asia-Pacific. In Southeast Asia, Cambodia has a well-earned reputation as a leader in the fight against the virus. Government action and large funding from donors have seen Cambodia’s HIV infection rate drop by almost two thirds, [...]

Haze could return to Singapore in the later part of the year, say experts

The air quality in Singapore has been relatively good in recent weeks, despite earlier expectations of a return of the haze. But satellite experts say that hotspots in Sumatra are spreading, which could cause haze to return to Singapore in the later part of the year. Southern Sumatra is expected to experience drier weather and [...]

Overgrown Beijing slaps new limits on industry in bid to cut smog

China’s overgrown and smog-hit capital Beijing has passed new rules banning the expansion of polluting and resource-intensive industries, the local government said on Friday. In a list of restrictions published on its website (www.beijing.gov.cn), the municipal government said it would ban the further expansion of a wide range of industries, including food processing, textiles, construction [...]

FinanceAsia

AsianBondsOnline Newsletter (28 July 2014)

News Highlights – Week of 21 – 25 July 2014 Hong Kong, China’s overall consumer prices, based on the Composite Consumer Price Index (CPI), increased 3.6% year-on-year (y-o-y) in June, compared with a 3.7% gain in May, amid a moderate hike in private housing rentals. In Japan, consumer price inflation slowed to 3.6% y-o-y in [...]

Call for Submissions – CWC LNG Asia Innovation Award

The CWC Group is calling for submissions for the CWC Asia Pacific LNG Innovation Award 2014, which will be awarded at a ceremony hosted at the 6th World LNG Series: Asia Pacific Summit (LNG Asia) in Singapore, on Wednesday, 24 September 2014. The CWC LNG Innovation Asia Pacific Award is awarded to a company operating [...]

Asia: Mostly up after record Wall St close

Asian markets mostly rose yesterday Friday July 25 following another record close on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows. Investors were still upbeat after Thursday’s strong manufacturing data from China as well as the eurozone, which lifted hopes for the global economy. Tokyo rallied [...]

Regional

Japan FM to visit Vietnam to boost tie-ups in maritime security

Foreign minister Fumio Kishida said Friday he will visit Vietnam from July 31 to August 2 to boost cooperation in maritime security and other issues of mutual interest. In an apparent reference to China’s increasingly assertive territorial claims in the South and East China seas, Kishida said he plans to discuss Japan’s provision of patrol [...]

Start-Ups in India Streamline Auto-Rickshaw Business

When Praveen Narayan Dusane first started driving an auto-rickshaw in this crowded college town, he had to hustle for every rupee. He could wait hours at a rickshaw stand for passengers. He fought with other drivers and haggled with passengers over the fares. Typically, he earned just 300 rupees, or roughly $5, during a 12-hour [...]

Burma reforms stalled, democracy efforts open to question-US Senator

Myanmar’s reforms appear to have stalled, leaving its commitment to democracy open to question, AP quoted United States Sen. Mitch McConnell’s speech in Congress on Thursday. AP reported that McConnell issued a strong call for Myanmar to amend its constitution to allow opposition leader Aung San Suu Kyi to run for president and for the [...]

China

Critic of Vietnam-China relations

Vietnam’s relationship with China has been particularly fraught over the last few months. Adding to the tension is Professor Tuong Lai – one of Vietnam’s best known critics of the government’s close ties with China. http://www.dw.de/critic-of-vietnam-china-relations/av-17808850

Overgrown Beijing slaps new limits on industry in bid to cut smog

China’s overgrown and smog-hit capital Beijing has passed new rules banning the expansion of polluting and resource-intensive industries, the local government said on Friday. In a list of restrictions published on its website (www.beijing.gov.cn), the municipal government said it would ban the further expansion of a wide range of industries, including food processing, textiles, construction [...]

PetroChina Revisits Plan to Auction Mega Gas Pipeline Arm

PetroChina, the country’s biggest oil and gas producer, is revisiting a plan to auction its multi billion dollar natural gas pipeline division, and could now sell it to an affiliate, according to a report. Selling PetroChina Eastern Pipelines to PetroChina United Pipelines, 50 percent owned by PetroChina, will help the energy giant retain control over [...]

Malaysia

Australia to send troops to Ukraine crash site: PM

Australia to send troops to Ukraine crash site: PM

Australian troops plan to join a police contingent in helping secure the Flight MH17 crash site in Ukraine, prime minister Tony Abbott said Friday, while stressing the mission would be humanitarian in nature. Abbott has been highly critical of the response on the ground to the downing of the Malaysia Airlines plane, which was carrying [...]

Penang cancels Hari Raya party in respect of MH17 downing

Penang cancels Hari Raya party in respect of MH17 downing

Penang followed Putrajaya’s lead and called off its annual Hari Raya open house celebration next week in a mark of respect to the 298 people killed in the Malaysia Airlines MH17 downing over Ukraine. Chief minister Lim Guan Eng said the state executive council made the decision yesterday, following the prime minister’s decision to cancel [...]

What happened? The day Flight 17 was downed

It was lunchtime when a tracked launcher with four SA-11 surface-to-air missiles rolled into town and parked on Karapetyan Street. Fifteen hundred miles (2,400 kilometers) to the west, passengers were checking in for Malaysia Airlines Flight 17. It had been a noisy day in this eastern Ukrainian town, residents recounted. Plenty of military equipment was [...]

Indonesia

Malaysia ferry sinks with loss of life

At least three people died after an overloaded boat ferrying Indonesians home for the Eid al-Fitr festival sank off southern Malaysia, according to officials. Three bodies were recovered, 10 people were rescued and eight more remained missing in the incident, which took place early on Thursday – the latest in a string of boat accidents [...]

Indonesia allows Freeport to resume exports from Grasberg mine

Indonesia on Friday granted a permit to allow the local arm of US mining giant Freeport McMoRan resume exports, six months after the government applied a controversial ban, the company told AFP. Southeast Asia’s top economy introduced a ban on the export of some unprocessed minerals, and higher taxes on others that can still be [...]

Indonesia’s Prabowo files challenge to election result

Indonesia’s Prabowo files challenge to election result

The ex-general who lost Indonesia’s presidential election to Jakarta governor Joko Widodo mounted a legal challenge to the result Friday, alleging widespread electoral fraud and irregularities in vote counting. Prabowo Subianto claims that massive fraud tipped the scales in Widodo’s favour, but his challenge is directed at the elections commission, in part for failing to [...]

Singapore

Too early to ease property cooling measures: MAS

The Monetary Authority of Singapore said it is too early to ease property cooling measures as prices remain high. Risk factors have not changed, MAS managing director Ravi Menon said at the MAS annual report 2013/2014 press conference yesterday. Property prices remain at elevated levels although they have started to soften, he said. Prices went [...]

Singapore fund management assets grew 11.8pct in 2013, says MAS

Total assets managed by Singapore-based fund managers grew by 11.8 per cent to S$1.82 trillion last year, helped by large increases in assets managed by hedge funds and private equity investors, the Monetary Authority of Singapore (MAS) said on Friday (July 25). “Whilst traditional asset managers continue to contribute substantively to annual growth, assets managed [...]

Singapore Seeking to Move Up Value Chain

Singapore’s industrial production for June tells an interesting story. Output grew 0.4%, surprising analysts who expected a contraction. But electronics production continued to fall heavily, by 4.8 percent on year after a 4 percent fall in May. Biomedical production was up 1.6%. This data shows a conscious effort by Singapore to move into more value-added [...]

Thailand

Three dead, dozens wounded in Thai car bomb

Three dead, dozens wounded in Thai car bomb

A car bomb exploded on Friday outside a hotel in insurgency-wracked southern Thailand, killing three people and wounding more than 30 others, police said. The blast ripped through a busy shopping street in the border town of Betong in Yala province which is popular with tourists from neighbouring Malaysia. A Malaysian tourist was among those [...]

Thailand’s restive south hit by deadly bomb

At least two people have been killed and 36 others injured in a car bomb explosion outside a hotel in a commercial district in southern Thailand, police have said. The explosives were hidden in a truck parked across from the Hotel Holiday in Yala province’s Betong district on Friday, said Wasan Phuangnoi, a local police [...]

New Thailand Hotline Targets Misbehaving Monks

With Thailand’s military government firmly in control after May’s bloodless coup, authorities are carrying out plans they say are aimed at restoring discipline, morality and patriotism to all Thais. The measures include a crackdown on illegal gambling, education reforms to promote students’ moral development, and a new 24-hour phone hotline for citizens to report misbehaving [...]

Philippines

Philippines’ worst commercial flight disasters

With the Philippines as an archipelago, travelling from one place would usually entail crossing bodies of water, and while the nation has suffered some of the world’s worst maritime disasters, it also has its share of aviation accidents. Here we list down commercial flight disasters with fatalities of at least 10 persons in the Philippines [...]

The Philippines gets ready for AEC

I WAS in Manila last week to give the keynote address at a conference to get small and medium enterprises (SMEs) prepared for the coming Asean Economic Community (AEC). I stayed back for the programme afterwards and attended the breakout sessions. A number of things struck me. There were no qualms about the AEC. It [...]

Philippine soldiers clash with militants; 5 dead

Philippine soldiers clash with militants; 5 dead

Philippine troops attacked a Muslim militant hideout on southern Basilan island, triggering a clash that killed three Abu Sayyaf members believed to have been involved in the 2011 kidnapping of an American woman and her teenage son, a military report said Friday. Two government militiamen were killed and two others were wounded. The report said [...]

Japan

Japan FM to visit Vietnam to boost tie-ups in maritime security

Foreign minister Fumio Kishida said Friday he will visit Vietnam from July 31 to August 2 to boost cooperation in maritime security and other issues of mutual interest. In an apparent reference to China’s increasingly assertive territorial claims in the South and East China seas, Kishida said he plans to discuss Japan’s provision of patrol [...]

Japan shifting investments from China to Asean

Japanese companies are shifting their investments away from China and increasingly setting their sights on the Asean region as a result of growing tensions between the two Asian powers, analyst Rajiv Biswas tells DW. Territorial disputes and a unilateral declaration of an Air Defense Identification Zone are just some of the reasons behind the months-long [...]

Slower Japan Inflation Highlights BOJ’s Reflation Task: Economy

Japan’s inflation slowed in June, highlighting the task Bank of Japan Governor Haruhiko Kuroda faces in reaching the bank’s target. Consumer prices excluding fresh food rose 3.3 percent from a year earlier after a 3.4 percent gain in May, the statistics bureau said today in Tokyo. The increase matched the projection in a Bloomberg News [...]

Korea

US, Russia bicker over US antimissile plans for Korea

US, Russia bicker over US antimissile plans for Korea

Washingtonhas brushed asideMoscow’s concerns that US plans to deploy a missile defense battery inSouth Koreawould have an impact on regional stability, saying the system is not aimed againstRussia. TheUSmilitary plans to deploy its Terminal High-Altitude Area Defense (THAAD) missile defense inSouth Koreaand, according to some media reports, is pressuringSeoulto do so instead of developing a [...]

S. Korea police arrest son of sunken ferry owner

S. Korea police arrest son of sunken ferry owner

South Korean police arrested Friday the fugitive son of a business tycoon who owned the Sewol ferry which sank in April with the loss of around 300 lives, officials said. Yoo Dae-Kyun, 44, was picked up in a southern suburb ofSeouljust three days after his father Yoo Byung-Eun was confirmed dead. His arrest is expected [...]

Japan FM to visit Vietnam to boost tie-ups in maritime security

Foreign minister Fumio Kishida said Friday he will visit Vietnam from July 31 to August 2 to boost cooperation in maritime security and other issues of mutual interest. In an apparent reference to China’s increasingly assertive territorial claims in the South and East China seas, Kishida said he plans to discuss Japan’s provision of patrol [...]

Hong Kong

Cambodia’s HIV efforts approaching a crossroads

Latest estimates say there are 36 million people worldwide affected by HIV, almost five million of them in the Asia-Pacific. In Southeast Asia, Cambodia has a well-earned reputation as a leader in the fight against the virus. Government action and large funding from donors have seen Cambodia’s HIV infection rate drop by almost two thirds, [...]

Haze could return to Singapore in the later part of the year, say experts

The air quality in Singapore has been relatively good in recent weeks, despite earlier expectations of a return of the haze. But satellite experts say that hotspots in Sumatra are spreading, which could cause haze to return to Singapore in the later part of the year. Southern Sumatra is expected to experience drier weather and [...]

Overgrown Beijing slaps new limits on industry in bid to cut smog

Overgrown Beijing slaps new limits on industry in bid to cut smog

China’s overgrown and smog-hit capital Beijing has passed new rules banning the expansion of polluting and resource-intensive industries, the local government said on Friday. In a list of restrictions published on its website (www.beijing.gov.cn), the municipal government said it would ban the further expansion of a wide range of industries, including food processing, textiles, construction [...]

Taiwan

Airline suspect storm caused crash that killed 48 in Taiwan

Stormy weather trailing behind a typhoon was the likely cause of a plane crash on a Taiwanese island that killed 48 people on board and injured 10 on the plane and five on the ground, the airline said yesterday. The ATR-72 operated by Taiwan’s TransAsia Airways was carrying 58 passengers and crew members when it [...]

US sets anti-dumping duties on solar imports from China, Taiwan

The United States on Friday set new import duties on solar products from China and Taiwan after the Commerce Department found that the solar panels and cells are being sold too cheaply on the US market. Preliminary anti-dumping duties as high as 165.04 percent for Chinese goods would come on top of anti-subsidy levies imposed [...]

Taiwan plane survivor crawls out, phones dad

Taiwan plane survivor crawls out, phones dad

The 10 survivors of Taiwan’s worst air disaster in more than a decade include a 34-year-old woman who called her father after scrambling from the wreckage and seeking help at a nearby home. Hung Yu-ting escaped through a hole in the fuselage that opened up after the plane plowed into homes Wednesday while attempting to [...]

Vietnam

Foreign-invested sector accounts for 66.8 pct of Vietnam’s total export revenue in 7 months

Foreign-invested sector accounted for some 66.8 percent of Vietnam’s total export revenue in the first seven months in 2014, according to Vietnam’s Ministry of Planning and Investment Friday. The ministry’s Foreign Investment Agency (FIA) said on its website that during the period, the sector is expected to post some 55.83 billion US dollars in export [...]

Vietnam inspects properties of ex-government chief inspector

Former chief government inspector Tran Van Truyen, 64, is currently subject to scrutiny over all his properties following growing questions about his huge real estate holdings, the Party Committee of southern Vietnam’s Ben Tre Province said Thursday. After announcing a decision to audit the properties of the ex-senior official on July 11, the Communist Party [...]

Japan recalls frozen fish imports from Vietnam after rat poison discovery

Japan issued a recall on frozen fish imports from Vietnam after some product was discovered by an importer to contain rat poison, reports Global Post. The seafood importer in Yamaguchi Prefecture said that frozen dried Icelandic capelin with roe, imported in May, had been tainted with what appeared to be a yellow powder and traces [...]