Latest Asia News
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Asia Distillates-Gasoil margins slip on weak Indonesian demand
SINGAPORE, May 23 (Reuters) - Asian gasoil margins slipped on Thursday as diesel demand from Indonesia failed to revive even ahead of the Muslim fasting month of Ramadan, when demand usually peaks, traders said. The June gasoil crack fell 62 cents to $16.26 a barrel above Dubai crude, Reuters data showed. Indonesia's diesel demand is expected to remain weak at least until ...
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Asia tension could lead to conflict—DFA chief
Foreign Secretary Albert del Rosario. AP FILE PHOTO TOKYO -- The Philippines on Thursday warned that territorial rows in Asia are ';causing considerable tension that could lead to conflict'; as several countries face off with China over island claims. Foreign Affairs Secretary Albert del Rosario, speaking at a Tokyo business conference, said China’s ';nine-dash line claim ...
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IHT Rendezvous Job Hunting in Asia Language Skills Count
HONG KONG — Asia has long exerted a magnetism for mobile Westerners in search of jobs and adventures. Tens of thousands of Europeans and Americans live in cities like Singapore and Hong Kong, which are financial and trading hubs with a long history of ties to the West. The global financial crisis ...
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Pakistan arrested American before he was killed in US drone strike
PESHAWAR, Pakistan - Pakistani authorities once arrested an American citizen now known to have been killed in a U.S. drone strike in the country, but he escaped after being released on bail. The Obama administration revealed Wednesday that Jude Kenan Mohammad died in a U.S. drone strike in Pakistan's tribal region, making him the fourth American citizen killed by unmanned aircraft in ...
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Mobile services shut for second day in Pakistan for Lis visit
Mobile phone services were suspended in the Pakistani capital and nearby Rawalpindi for the second day on Thursday as part of extraordinary security measures put in place to ensure an incident-free visit by Chinese Premier Li Keqiang here. Officials announced the suspension of cellular services between 1 pm and 5 pm local time in Islamabad and Rawalpindi. Yesterday, mobile services were ...
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Japan gyrations underline economys vulnerability
TOKYO -; Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of ...
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Asian Stocks Tumble On Fed Talk China Growth Concerns
Asian stocks tumbled on Thursday after minutes of the Federal Reserve's April 30-May 1 meeting revealed "a number" of members favor tapering the central bank's $85-billion bond-buying program as early as the June meeting if the labor market continues to improve. Fed chief Ben Bernanke also hinted that an exit could be initiated in the "next few meetings" if the ...
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Ageing Asia to strain worlds long-term economic growth
Vancouver, May 23 : The Asia-Pacific region will continue to power global economic growth in 2013, but the region's increasing ageing population will cast a shadow on the long-term development, according to a Canadian ...
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Asian markets sell off
Singapore - Hawkish comments by US Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rocked Asian markets on Thursday, took the dollar to three-year highs, sent share markets lower, and hit the Japanese government bond market as yields rose to their highest in a ...
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ASEAN power chiefs to follow up power grid plan
power utilities and authorities gathered on Thursday to follow up the progress of the ambitious ASEAN power grid action plan, which was set to inter-connect power lines in the 10 ASEAN member states by 2020. Speaking to reporters after the opening of the 29th meeting of the Heads of ASEAN Power Utilities and Authorities Council, Keo Rottanak, director general of the Electricity of Cambodia, ...
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Calls mount for Malaysias BN to move away from race-based politics
Two schoolgirls walk across a street as flags of Malaysia's ruling Barisan Nasional coalition fly above them in Kuala Lumpur, Malaysia. (AP Photo/Mark ...
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Speculation over N Korea envoys China trip
Speculation mounted over a top NorthKorean military official's visit to China on Thursday, as few details of his meetings were made ...
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India PM pledges to clean up defence sector
Indian Prime Minister Manmohan Singh pledged on Thursday to crack down on corruption in the defence sector after a string of recent graft scandals left his government facing renewed calls to step ...
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Mother of two tried to talk down London attackers
LONDON: A mother of two is being hailed for her bravery after it emerged she attempted to talk down the two Islamic extremists who killed a British soldier in a gruesome machete attack on the streets of ...
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SE Asia Stocks-Fall on Fed China data jitters Spore Thailand hit 2-wk low
BANGKOK, May 23 (Reuters) - Southeast Asian stocks fell on Thursday, with Singapore marking its worst week since November 2012 and Thai stocks at their lowest close in more than two weeks, as worries over the future of U.S. monetary stimulus and weak Chinese data dented global sentiment. Singapore, Thailand and Malaysia saw weakness in large caps such as Singapore Telecommunications Ltd, Siam ...
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RPT-WRAPUP 1-Asian markets sell off on Bernanke remarks China PMI
Thu May 23, 2013 6:05am EDT * Asian shares down after China HSBC flash PMI, credit spreads wider * Nikkei plunges 7 percent, 11th worst daily drop * JGBs bounce after 10-year JGB yield hits year highs * Korean won worst hit as dollar rises broadly By Masayuki Kitano and Hideyuki Sano SINGAPORE, May 23 (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in ...
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Barred from poll Rafsanjani calls Iranian leaders ignorant
DUBAI (Reuters) - Former president Akbar Hashemi Rafsanjani has accused Iran's leadership of incompetence and ignorance just days after he was barred from standing in an election next month, the opposition Kaleme website reported on ...
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Soldiers killed in gunbattle with Islamists in Niger military sources
NIAMEY (Reuters) - Several soldiers were killed in a gunbattle with suspected Islamist militants after a suicide bomb attack on a barracks in the northern Niger town of Agadez, military sources said. "The situation is now under control. The suicide bomber was not alone. There were other terrorists who followed in cars and there were clashes," said one of the sources, who could not give ...
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Father of Afghanistan cricket captain abducted near his home
KABUL - Gunmen kidnapped the father of Afghanistan's national cricket team captain near his home in an eastern city, officials said Thursday. There has been no ransom demand since Mohammad Nabi's 60-year-old father Khobi Khan was abducted from his car in the city of Jalalabad, cricket board president Shazada Masoud said. Police are searching for Khan, but there have been no leads or ...
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Lydia Davis wins Man Booker International PrizeAmerican writer Lydia Davis edged past Indian literary veteran U R Ananthamurthy to win the Man Booker International Prize 2013 on Wednesday night.
edition of the award at the Victoria and Albert Museum in London. She was chosen from a list of 10 eminent contenders, including Kannada writer Ananthamurthy. The prize, worth 60,000, is awarded for an achievement in fiction on the world stage. It is presented once every two years to a living author for a body of work published either originally in English or available in translation in English. ...
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North Korea envoy awaits chat with Chinas leader
BEIJING (AP) -- While a North Korean envoy waits for an expected meeting with China's Communist Party chief, his Chinese hosts are taking him touring in ...
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Chinas continuing progress the biggest fact in Asias success Singaporean PM
Visiting Singaporean Prime Minister Lee Hsien Loong said here Thursday that Asia has successfully recovered from depression and faster than expected with China's continuing progress, the biggest fact of Asia's success.Lee made the remark in a keynote speech during the 19th International Conference on the Future of Asia, adding Asia's global role has grown and the region is ...
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Japan protests at S Korean dailys A-bomb op-ed
Japan accused a South Korean newspaper of "dishonourable" behaviour for publishing an editorial suggesting the atomic bombings of Hiroshima and Nagasaki were "divine ...
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Italian arrested in Thailand over US$10m fraud
Thai authorities have arrested an Italian wanted over alleged links to a human trafficking ring which swindled around US$10 million from European taxpayers and ...
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Myanmars goldrush luring foreigners in droves
From seasoned investors to recent graduates armed with little more than hastily-made business cards and dreams of striking it rich, foreigners are pouring into Myanmar to stake a claim as it opens ...









