Archive for March, 2012
Indonesian police shoot dead two terror suspects
Indonesian police killed two suspected terrorists in a raid on the outskirts of Jakarta, a force spokesman said, less than two weeks after officers shot dead five suspects on [...]
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Suu Kyi says Burma polls not completely fair
Myanmar opposition leader Aung San Suu Kyi said that the upcoming April 1 by-elections would not be completely democratic because of irregularities during preparations. [...]
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Billionaire Li says he is committed to HK after Leung win
Billionaire Li Ka-shing, Hong Kong’s richest man, pledged to keep his investments in the city and urged support for the next chief executive, Leung Chun-ying, after [...]
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February retail sales rise 15.7pct yr/yr
February retail sales data (percent change from a year earlier): February January December November October Sep Aug Value: 15.7 14.9 23.5 23.4 23.0 24.0 29.0 Volume: 10.1 9.1 [...]
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Private bankers seek less red tape
Hong Kong’s private banking industry is in talks with the government and regulators seeking the removal of some red tape and compliance requirements implemented after [...]
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World’s top contract laptop maker Quanta 2011 profit up 26 pct
Taiwan’s Quanta Computer Inc, the world’s top contract laptop maker, posted better-than-expected 2011 earnings on Thursday even as the industry battled with [...]
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N Korean officials executed in ‘power consolidation move’
North Korea’s government executed at least 30 officials last year to help consolidate leader Kim Jong-un’s hereditary succession of power, Amnesty International [...]
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Korea output growth slows, economy expands less than estimated
South Korea’s industrial production rose at a slower pace in February and the nation’s economy expanded less than the central bank initially estimated in the [...]
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Bank profits hit record, but bad loans up
- ICBC’s 2011 net profit rose 26 percent to a record high of CNY208.27 billion – Bank of China’s net profit gained 19 percent to an all-time high of [...]
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China boosts borrowing quota to $24b
China will allow foreign banks this year to bring in a total of $24 billion in borrowed foreign funds – a sharp increase from last year’s limit, bankers say [...]
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Japan jobless rate falls to 4.5pct: government
Japan’s unemployment rate eased to 4.5 per cent in February, down from 4.6 per cent the previous month, the internal affairs ministry said on Friday. The latest figure [...]
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February household spending rises to 2.3pct vs yr ago
Japanese household spending rose 2.3 percent in February from a year earlier in price-adjusted real terms, government data showed on Friday, suggesting a moderate recovery in [...]
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Japan says industrial output fell worse than expected 1.2 pct in Feb
Japan’s factory production fell in February in its first decline in three months, the government said Friday, as demand for exports weakened, despite signs of modest [...]
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Japan to top G-7 GDP: OECD
The economy is expected to expand an annualised real 3.4 percent in the first quarter of 2012 on robust production and a weaker yen to log the strongest growth in the Group [...]
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Japan Airlines to tap Qantas for IPO
Japan Airlines is planning to tap Qantas Airways, British Airways’ owner IAG and other members of the Oneworld alliance as possible investors in an initial public [...]
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