Archive for June 9th, 2012
Asian marts: Down on lack of Fed stimulus
Asian markets fell yesterday Friday June 8 as European debt woes and disappointment at US Fed chief Ben Bernanke’s failure to commit to any new stimulus measures [...]
» More
Obama backs Philippines on sea freedom
The United States and the Philippines on Friday called for freedom of navigation in the tense South China Sea as the White House offered a robust show of support for [...]
» More
Burma army’s parliamentary role may be reduced: official
A top Myanmar official said Friday the army’s parliamentary representation may be reduced in the future, echoing recent comments by Defence Minister Hla Min. [...]
» More
Four killed in Burma religious clashes
Four people were killed on Friday in religious clashes in western Myanmar, where police opened fire and the authorities declared a curfew to tackle the escalating unrest, [...]
» More
Indonesia arrests two pro-independence activists
Two pro-independence activists were arrested in Indonesia’s restive Papua province for holding “anarchic protests”, national police said Friday. One of [...]
» More
China floods the WTO with tit-for-tat
On May 8, China imposed extra import duties on stainless steel seamless tubes imported from the European Union and Japan, saying the tubes damaged the Chinese machinery they [...]
» More
For Asia, US more vital than Europe: Moody’s
If the financial stresses in Europe jump the fence to the US, then the impact upon Asia could be greatly magnified, according to the ratings agency Moody’s, which [...]
» More
TPG shuffles Asia team ahead of new $5b fund
TPG has made the changes ahead of wrapping up a new, roughly $5 billion Asia purse, its sixth regional fund. TPG Capital has shuffled its Asia senior management team as the [...]
» More
China delays change to bank capital rules
China will delay the implementation of strict new capital rules for its banks until next year, addressing concerns that a rush to enforce the regulations would crimp lending [...]
» More
US Fed moves forward with Basel III capital rules
The Federal Reserve on Thursday voted unanimously to release a tough proposal to carry out a global agreement on bank capital buffers known as Basel III, a critical step to [...]
» More
Chinese media bandits squeeze IPO hopefuls
Buying media silence is a common first step toward an initial public offering in China that siphons billions of yuan every year from companies seeking investors in Shanghai [...]
» More
‘We’re not afraid of war’, Taiwan president says
Taiwan President Ma Ying-jeou said Thursday the island does not seek war with the mainland, but is not afraid of it either, as he attended a live-fire drill simulating a [...]
» More
Bank of Korea holds benchmark rate for 12th month
The Bank of Korea held off from altering borrowing costs for a 12th straight month as easing inflation gave policy makers room to wait and see how Europe’s debt crisis [...]
» More
China must drop barriers to European investment, EU says
China needs to soften onerous requirements on European companies investing in its economy before Brussels and Beijing can start talks on a pact to unleash billions of euros [...]
» More
