Archive for April 7th, 2012

Mixed in subdued activity

07-Apr-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 6:49 PM

Asian markets were mixed in limited holiday trade yesterday amid renewed eurozone debt fears as attention turned to Spain’s finances after a weak bond auction earlier [...]
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Philippines stages bloody Easter crucifixions (video)

Philippines stages bloody Easter crucifixions (video)

07-Apr-2012 Intellasia | AFP News | 6:40 PM

Roman Catholic fanatics in the Philippines had themselves nailed to the cross Friday in a bloody display of religious frenzy as the Christian world marked the day Jesus was [...]
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‘Anonymous’ says it will hack more Chinese sites

‘Anonymous’ says it will hack more Chinese sites

07-Apr-2012 Intellasia | AFP News | 6:39 PM

The hacking group Anonymous said Friday it would continue targeting China, after announcing it had hacked hundreds of Chinese websites to protest against Internet censorship [...]
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China paper tells soldiers to ignore Internet rumours

China paper tells soldiers to ignore Internet rumours

07-Apr-2012 Intellasia | AFP News | 6:37 PM

China’s main military newspaper told soldiers Friday to ignore Internet gossip and close ranks around the government, in the latest sign of official unease ahead of a [...]
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HK’s border war over ‘green buffer’

07-Apr-2012 Intellasia | CNN | 7:01 AM

Sandwiched between Hong Kong and Shenzhen – two of the world’s busiest metropolises – lies a Cold War-era anomaly: a 26 square kilometer green zone that is [...]
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Citibank maintains Taiwan 2012 economic growth forecast at 3.7pct

07-Apr-2012 Intellasia | CNA | 7:01 AM

Citibank predicted Thursday that Taiwan’s economy will grow 3.7 percent in 2012, citing mild growth in exports in the second half of the year and limited impact from [...]
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Taiwan likely to exempt some foreign investors from tax

07-Apr-2012 Intellasia | businessweek | 7:01 AM

Overseas investors without offices and direct business operations in Taiwan will be exempt “in principle” from a capital-gains tax on stock trades that the [...]
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Taipei chips in

07-Apr-2012 Intellasia | FT | 7:01 AM

It was not too long ago that Taiwan’s now-gloomy D-Ram memory chip and flat panel industries were seen as the ‘twin stars’ of the island’s technology [...]
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Samsung estimates Q1 operating profit at $5.14 billion

07-Apr-2012 Intellasia | AFP | 7:01 AM

South Korea’s Samsung Electronics estimated first-quarter operating profit at 5.8 trillion won ($5.14 billion), a 97 percent rise from a year earlier. The world’s [...]
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Korea’s unloved chaebol

07-Apr-2012 Intellasia | Reuters | 7:01 AM

If you are a South Korean you might well wake up in a Samsung-built apartment, watch the news on an LG television, drive a Hyundai car to work and make a dinner reservation [...]
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Korea poll watchdog rebukes finance ministry

07-Apr-2012 Intellasia | AFP | 7:01 AM

South Korea’s election watchdog accused the government Thursday of violating its duty to remain neutral ahead of a closely fought general election next week. The rare [...]
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Foreign direct investment in Korea jumps in Q1

07-Apr-2012 Intellasia | koreaherald.com | 7:01 AM

Foreign direct investment in South Korea jumped 17 percent on-year to $2.34 billion in the first quarter of this year thanks to an inflow of funds from advanced [...]
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Korea, US practice stabilising N.Korea in civil war

07-Apr-2012 Intellasia | chosun.com | 7:01 AM

The annual joint South Korean and US exercises dubbed “Key Resolve” last month for the first time practiced deploying more than 100,000 South Korean troops in [...]
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N Korean refugee stands for parliament in the South

07-Apr-2012 Intellasia | Reuters | 7:01 AM

By the time Pyongyang’s rubber stamp parliament meets on April 13 to anoint Kim Jong-un as the third of his line to rule the impoverished state, 53-year old Cho [...]
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N. Korea says interception of its satellite is an act of war

N. Korea says interception of its satellite is an act of war

07-Apr-2012 Intellasia | Yonhap News | 7:01 AM

North Korean leader Kim Jong-un has ratcheted up his regime’s militaristic rhetoric as Pyongyang threatened to retaliate against any country that intercepts a North [...]
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