Archive for June 2nd, 2012
Strong magnitude quake hits eastern Indonesia
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 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
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
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
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
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
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
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’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
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?
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
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
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
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
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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