Archive for June 2nd, 2012

Strong magnitude quake hits eastern Indonesia

02-Jun-2012 Intellasia | AP | 10:10 AM

A strong earthquake has hit eastern Indonesia. There are no immediate reports of damage or casualties. Indonesia’s Meteorology and Geophysics Agency says the 6.2 [...]
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Sheep rain down on cars in Australia

Sheep rain down on cars in Australia

02-Jun-2012 Intellasia | AFP | 8:42 AM

Sheep plunged onto cars on a busy Australian highway after a truck carrying 400 livestock crashed while crossing an overpass, spilling its cargo into the path of terrified [...]
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Asian marts hit by US, China data

02-Jun-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 8:40 AM

Asian markets fell yesterday and the euro hit a near two-year low against the dollar amid Europe’s deepening debt woes, while disappointing US data and Chinese [...]
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Key Thai parliament debate postponed amid protest

Key Thai parliament debate postponed amid protest

02-Jun-2012 Intellasia | AFP | 8:38 AM

Thai “Yellow” protesters blocked parliament on Friday, forcing a debate on disputed reconciliation plans to be shelved amid signs of rising tensions in the [...]
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Suu Kyi urges ‘healthy scepticism’ over Burma reform

Suu Kyi urges ‘healthy scepticism’ over Burma reform

02-Jun-2012 Intellasia | AFP | 8:36 AM

Democracy leader Aung San Suu Kyi on Friday urged “healthy scepticism” over Myanmar’s dramatic reforms, saying only the rule of law can cement recent [...]
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US to expand Asia role without permanent bases

US to expand Asia role without permanent bases

02-Jun-2012 Intellasia | AFP | 8:35 AM

The United States plans to bolster its military presence in the Asia-Pacific region through alliances instead of new permanent bases, Defense Secretary Leon Panetta said. A [...]
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Burma censor to put down his black marker for good

Burma censor to put down his black marker for good

02-Jun-2012 Intellasia | AFP | 8:31 AM

The tormentor-in-chief of Myanmar’s heavily censored media will put down his black marker pen for good in a month, signalling the end of one of the world’s most [...]
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Asian millionaires counter lost riches in Europe, N America

Asian millionaires counter lost riches in Europe, N America

02-Jun-2012 Intellasia | Bloomberg | 7:01 AM

China, India and Singapore posted the biggest increases in millionaires last year as the Asia-Pacific region countered a decline in wealth in western Europe and the US, [...]
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Vietnam scandal to boost state firm disclosure: SE Asia

Vietnam scandal to boost state firm disclosure: SE Asia

02-Jun-2012 Intellasia | Business Week | 7:01 AM

Vietnam’s state-owned companies, accounting for a third of the economy, are set to begin publishing audited earnings as the government boosts oversight and reassures [...]
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ING short lists bidders for Asia life insurance assets

02-Jun-2012 Intellasia | WSJ | 7:01 AM

ING Groep NV and its advisers have narrowed down the field of suitors for its Asian life insurance operations to a short-list that includes Canada’s Manulife Financial [...]
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Why doesn’t Asia complain against the weak yuan?

02-Jun-2012 Intellasia | Market Watch | 7:01 AM

Ever wonder why Asian countries rarely complain, in the same spirit as does the West, about the “unfair advantage” China gets from a weak yuan? After all, they [...]
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HK’s elderly tycoons outline succession after scandal

02-Jun-2012 Intellasia | Reuters | 7:01 AM

Hong Kong’s powerful family-run conglomerates are rushing to reassure investors of their succession plans, spurred by a scandal involving the city’s biggest [...]
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China slowdown ripples through HK

02-Jun-2012 Intellasia | Today Online | 7:01 AM

China’s economic slowdown is rippling through Hong Kong, with the city’s retail sales rising at the slowest pace since 2009 as shoppers visiting from the mainland [...]
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HK April retail sales rise 11.4 pct yr/yr

HK April retail sales rise 11.4 pct yr/yr

02-Jun-2012 Intellasia | Reuters | 7:01 AM

March retail sales data (percent change from a year earlier): April March February January December November Oct Value: 11.4 17.1^ 15.6 14.9 23.5 23.4 23.0 Volume: 7.6 13.2^ [...]
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HK’s workforce shrinking rapidly

HK’s workforce shrinking rapidly

02-Jun-2012 Intellasia | Straits Times | 7:01 AM

Hong Kong’s top-dog status as the world’s most competitive economy could come under siege from a looming demographic threat: a workforce that is shrinking faster [...]
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