Archive for May 19th, 2012
Vietnam arrests 4 shipping executives in scandal
State media say Vietnamese police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement in another high-profile scandal. [...]
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M+W Group Acquires Engineering Company Specialised in the Power Plant Sector
The international engineering and construction company M+W Group, Stuttgart (Germany), has signed a contract to acquire Reliable Plant Solutions (RPS) GmbH based in [...]
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Hong Kong economic indicators – May 2012
Hong Kong economic indicators: GDP 2011 2010 2009 2008 2007 2006 2005 Pct* 5.0 7.0 -2.6 2.3 [...]
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Markets tumble
Asian markets slumped and the euro fell further yesterday as the eurozone debt crisis was stoked by a ratings downgrade for Greece and 16 Spanish banks, while weak US data [...]
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China pursuing steady military buildup: Pentagon
China is exploiting Western commercial technology, conducting aggressive cyber espionage and buying more anti-ship missiles as part of a steady military buildup, the Pentagon [...]
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US votes to sell Taiwan 66 new fighter jets
The House of Representatives voted Friday to require the United States to sell 66 new fighter-jets to Taiwan, with lawmakers saying the deal would close a growing military [...]
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Philippines stops protest trip to disputed shoal
Philippine President Benigno Aquino convinced protesters to abort plans to sail Friday to a disputed South China Sea shoal as he sought ways to resolve a tense stand-off with [...]
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Paraguay president heads to Asia on trade mission
Paraguayan President Fernando Lugo has traveled to Taiwan, his first stop on a five-country tour of Asia aimed at increasing trade between the region and his land-locked [...]
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Thai court disqualifies ‘Red Shirt’ lawmaker
A Thai court stripped a top “Red Shirt” leader of his parliamentary seat Friday, in a move likely to anger supporters of the movement whose protests in Bangkok in [...]
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Thai police arrest Brit with foetuses for black magic
Six human foetuses which had been roasted and covered in gold leaf as part of a black magic ritual have been seized from a British citizen in Bangkok, Thai police said [...]
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Lady Gaga warned to tone down Philippine show
Lady Gaga was warned Friday to refrain from nudity, lewd conduct and blasphemy when her Asian tour reaches the Philippines next week, after her controversial act was banned [...]
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ING’s Asia life insurance sale shifts into top gear
Global insurers Manulife Financial Corp (MFC.TO), Metlife (MET.N) and Prudential Financial Corp (PRU.N) are among suitors expected to place first-round bids on Friday to buy [...]
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CBA and ANZ take their fight to Asia
When Ian Narev presents Commonwealth Bank’s third-quarter trading update this morning, he might be tempted to needle Mike Smith at ANZ Bank about CBA’s plans for [...]
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Asia increasingly more self-reliant on funding needs, ANZ reports
Asia is seeing a substantial rise in regional financial integration over the past decade, paving the way for a more active intra-regional investment within Asia, an ANZ [...]
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Burma’s corruption legacy haunts investors
For Zaw Naing, 40, who sells satellite imagery to Myanmar’s government, teeing off on the golf course with any of the former generals running the country is essential [...]
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