Archive for June 23rd, 2012

Thailand braces for ‘red shirt’ rally this weekend

23-Jun-2012 Intellasia | Channelnewsasia | 10:55 AM

Thailand is bracing for a major ‘red shirt’ rally in the capital Bangkok on Sunday, as a commission says dialogue is the best path towards national [...]
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Asian marts broadly weaker

23-Jun-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 9:11 AM

Asian markets slipped yesterday following big losses on Wall Street in the wake of weak manufacturing data from China and Europe and downgrades for 15 of the world’s [...]
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Japan protest over nuclear restart

Japan protest over nuclear restart

23-Jun-2012 Intellasia | AFP | 8:26 AM

About 20,000 people gathered in front of Japanese Prime Minister Yoshihiko Noda’s residence in Tokyo late Friday to protest his decision to restart two nuclear [...]
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Detained Frenchman to stay in Cambodia: minister

Detained Frenchman to stay in Cambodia: minister

23-Jun-2012 Intellasia | AFP | 8:25 AM

Cambodia has repeated its position that it will not extradite a detained French architect linked to disgraced Chinese politician Bo Xilai before the case has been fully [...]
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Jakarta military jet crash toll hits 11

Jakarta military jet crash toll hits 11

23-Jun-2012 Intellasia | AFP | 8:24 AM

The number of people killed when an Indonesian military jet crashed into a housing complex in the capital Jakarta has risen to 11, an air force spokesman said Friday. Ten [...]
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Australia fears refugee boat disaster toll could soar

Australia fears refugee boat disaster toll could soar

23-Jun-2012 Intellasia | AFP | 8:23 AM

Fears grew Friday that the death toll from a refugee boat disaster off Australia’s Christmas Island could soar, as ships and aircraft scouring the seas for the dozens [...]
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Nidec Seimitsu to Establish Manufacturing Subsidiary in Vietnam

23-Jun-2012 Intellasia | MarketWatch (press release) | 7:01 AM

Nidec Corporation NJ -3.22 percent (the “Company”) today announced that its subsidiary, Nidec Seimitsu Corporation (“NSTJ”), will establish a [...]
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An East Asian community?

23-Jun-2012 Intellasia | Japan Times | 7:01 AM

The leaders of the Association of Southeast Asian Nations and Japan, China and South Korea (Asean-plus-3) announced in December 2005 their determination to realise the East [...]
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Nidec Seimitsu to Establish Manufacturing Subsidiary in Vietnam

23-Jun-2012 Intellasia | MarketWatch (press release) | 7:01 AM

Nidec Corporation NJ -3.22 percent (the “Company”) today announced that its subsidiary, Nidec Seimitsu Corporation (“NSTJ”), will establish a [...]
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Riskier bets pitched to Asia’s rising rich

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

In Japan, brokers are dangling what they claim is a tasty product in front of wealthy investors: a “triple-decker” that uses options to squeeze higher returns [...]
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Spain says stricken banks need up to 62b euros

Spain says stricken banks need up to 62b euros

23-Jun-2012 Intellasia | AFP | 7:01 AM

Spain said Thursday its crisis-torn banks need up to 62 billion euros ($78 billion) to survive a severe financial slump, far less than the maximum foreseen in a eurozone [...]
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Taiwan, Korea still emerging markets: MSCI

Taiwan, Korea still emerging markets: MSCI

23-Jun-2012 Intellasia | Taipei Times | 7:01 AM

MSCI Inc, the world’s leading provider of investment decision support tools, said yesterday it will keep Taiwan’s emerging-market status unchanged as [...]
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PICC gets nod for $3 billion-$4b HK IPO

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

State-owned People’s Insurance Co. (Group) of China Ltd, one of the country’s biggest insurers by premiums, received Hong Kong regulatory listing approval [...]
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Mild upturn in food price, rentals temper inflation

Mild upturn in food price, rentals temper inflation

23-Jun-2012 Intellasia | The Standard | 7:01 AM

Hong Kong faced less inflationary pressure in May as private home rentals and food prices rose at a slower pace. The Consumer Price Index gained 4.3 percent last month from a [...]
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Opus eyes record price for HK property

23-Jun-2012 Intellasia | FT.com | 7:01 AM

The views it offers across Hong Kong’s famous harbour are stunning but it is the price tag attached to the city’s newest luxury apartment block that is creating [...]
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