Latest Asia News
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Asia Flash Singapore posts improved activity indicators
The Japanese stock market recovered somewhat today (+0.9%), after a 2-day roller-coaster ride that saw losses of -7.3% yesterday on worries of a possible QE exit by the Fed and a much weaker-than-expected outturn of China's HSBC Flash PMI for May. The volatility in Japanese equity and bond markets underscores risks of the BoJ's dramatic easing campaign and the importance that markets ...
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Syrian regime to attend peace talks
BEIRUT: The Syrian government has agreed "in principle" to attend a conference proposed by Russia and the United States on ending the Arab country's conflict, Russia's foreign ministry said Friday. It was the first confirmation that President Bashar Assad's government would be willing to take part in the talks with the opposition. But despite the announcement from ...
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Stockholm riots continue schools set ablaze
STOCKHOLM: More than a dozen cars were torched and schools, shops and a police station were set ablaze as riots swept through Stockholm's immigrant-dominated suburbs for the fifth straight night, police and firefighters said Friday. Police plan to call in reinforcements to help quell the riots, but parents and volunteer organisations who have patrolled the streets in recent nights have ...
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Large explosions gunfire in central Kabul
NEW DELHI: Large explosions have been heard in Kabul on Friday followed by gunfire. Sources told Times Now that the explosions happened near the Indian embassy though the mission was not the target of the attack. AFP reported that gunfire erupted as security forces rushed to the scene of the blasts that took place around 4pm local time. "There has been explosion in an area which is close to ...
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Pakistan US diplomat kills pedestrian in accident
ISLAMABAD — The U.S. Embassy says an American diplomat accidentally killed a pedestrian while driving in the Pakistani capital. The embassy said in a statement sent to reporters that the diplomat hit the pedestrian near a market in Islamabad on Friday. The pedestrian died as a result of his injuries. The embassy expresses regret for the accident and says it is cooperating with Pakistani ...
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Explosion hits heart of Afghan capital
KABUL, Afghanistan (AP) -- An explosion has sent smoke rising over the heart of Afghanistan's capital. The strong blast was felt several kilometers (miles) ...
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Ethnic Indian party in Malaysia faces new rival
KUALA LUMPUR: The entry of a hitherto shunned ethnic Hindu body into the folds of the prime minister's department has rattled Malaysia's largest Indian-origin political party. ...
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Op-Ed Contributor Asian Tensions and the Problem of History
The political turmoil currently roiling Northeast Asia ...
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Exiled cleric who taught UK soldiers killer praises courage
Lee Rigby on a London street praised the attack for its "courage" and said Muslims would see it as a strike on a military target. In an interview in Tripoli, northern Lebanon, where he has lived since being banished from Britain in ...
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Asia goes on a debt binge as most of the world sobers up
In the heart of Kuala Lumpur lies the abandoned foundation of Plaza Rakyat, a never-built skyscraper and shopping mall. Rusty rebar jutting from concrete pilings and fetid green pools of rainwater serve as an unintended monument to the debt crisis that ravaged Asia in the late 1990s. Today, less than a half mile from the abandoned project, the next boom is under way in the Malaysian metropolis. ...
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World stocks stabilize after big sell-off
MOSCOW (AP) -- World stocks stabilized on Friday, a day after global markets dropped sharply on concerns global growth is slowing and the Federal Reserve could start scaling back its monetary ...
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STOCKS NEWS EUROPE-HSBC falls amid Asia worries stalling U.S. talks
* FTSEurofirst 300 down 0.5 pct, FTSE 100 down 0.7 pct* HSBC drags indexes on fears about U.S. case settlement* Selling pressure piles up as indexes test supportBy Francesco CanepaLONDON, May 24 (Reuters) - European shares edged lower ...
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US lauds India for reducing Iranian oil imports
A senior official praised India for reducing oil imports from Iran and said the U.S. government will decide soon on New Delhi's request to renew a waiver from sanctions on ...
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Suicide bomber kills 3 in northwest Pakistan
Police say a suicide bomber walked up to a vehicle owned by an Afghan religious leader in northwestern Pakistan and set off his explosives, killing three ...
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Abe on 1st trip to Myanmar by Japan PM in 36 years
Prime Minister Shinzo Abe is traveling to Myanmar on the first visit to the country by a Japanese leader in 36 years, as Tokyo bids to reassert its position as a top economic partner after decades of frosty relations with the previous military ...
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Dai-ichi expands in Southeast Asia with Panin Life deal source
By Taiga Uranaka TOKYO | Fri May 24, 2013 7:10am EDT TOKYO (Reuters) - Japan's Dai-ichi Life Insurance Co Ltd (8750.T) has agreed to buy a 40 percent stake in Panin Life from the parent of the Indonesian insurer for around 30 billion yen ($295 million), a source with direct knowledge of the matter said. The stake acquisition by one of Japan's top four life insurers is the latest ...
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Asia Goes on a Debt Binge as Much of World Sobers Up
In the heart of Kuala Lumpur lies the abandoned foundation of Plaza Rakyat, a never-built skyscraper and shopping mall. Rusty rebar jutting from concrete pilings and fetid green pools of rainwater serve as an unintended monument to the debt crisis that ravaged Asia in the late 1990s. Today, less than a half mile from the abandoned project, the next boom is under way in the Malaysian metropolis. ...
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Foreign preacher takes rare turn on Vietnam stage
The 25,000 people at the soccer stadium and the millions more watching at home waited 90 minutes before the Australian evangelical preacher got to the message he had come to Communist-ruled Vietnam to ...
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UK soldiers killing Attacker wielding butcher knife is a Christian who converted to Islam
LONDON: A man seen with bloody hands wielding a butcher knife after the killing of a British soldier on the streets of London was described as a convert to Islam who took part in demonstrations with a banned radical group, ...
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SE Asia Stocks-Indonesia Vietnam recover from previous sessions falls
JAKARTA, May 24 (Reuters) - Indonesian and Vietnamese shares rebounded from their previous session's steep falls, while most Southeast Asian markets were closed on Friday for a local holiday. Jakarta's Composite Index rose 0.66 percent to 5,155.09, boosted by a 2 percent jump in property shares. Vietnam's broader benchmark index closed up 0.4 percent as ...
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No guarantee of peace NKorean envoy warns China
BEIJING (AP) -- China told a top North Korean envoy Friday it wants a peaceful, denuclearized Korean Peninsula, and said the emissary warned there is "no guarantee of peace" but that his country was willing to hold talks with all ...
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2 former sex slaves demand Japan mayor quit
OSAKA, Japan (AP) -- Two Korean former sex slaves demanded the resignation of an outspoken Japanese mayor and canceled a meeting with him Friday for justifying Japan's wartime practice of forcing tens of thousands of Asian women into prostitution for its ...
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London killers are Britons of Nigerian originBritain experienced a communal backlash against Muslims within 24 hours of a young serving soldier being butchered with stone age savagery in Woolwich by two radical British Nigerians who had chang
Woolwich by two radical British Nigerians who had changed from being "devout Christians to Muslims" recently. Mobs calling themselves English Defence League clashed with riot police after Wednesday's "terror attack" . Mosques in Woolwich, Braintree in Essex and Gillingham in Kent were attacked with bricks and bottles. Fearing such backlash could intensify and affect all ...
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British Airways jet makes emergency landing at Heathrow airport after engine fire
Heathrow on Friday after a technical fault in an engine. "The BA762, Heathrow to Oslo service, returned back to Heathrow shortly after take-off due to a technical fault," BA parent company IAG said. ...
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UPDATE 1-Morgan Stanley names Leleu Cheng in Asia ECM shakeup
Fri May 24, 2013 5:23am EDT HONG KONG May 24 (Reuters) - Morgan Stanley has named Jerome Leleu and Mille Cheng as co-heads of Asia Pacific equity capital markets in a shakeup of its management of that division, according to an internal memo obtained by Reuters on Friday. The pair replace Justin Haik, who takes on a newly created senior client relationship role in the same unit, the memo ...
Nepal Focus
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Nepal reaches out for help to save tiger population
Nepal’s tigers, along with tigers across the Asian region, are being killed off by poachers and human encroachment on their habitats, with an extinction crisis mounting, the government has appealed to the international community for help.
The tiger, there is arguably no land animal so beautiful and majestic as this magnificent member of the Felidae family. These creatures have invaded the human imagination for centuries and are the national animals of India, Nepal, Bangladesh, Malaysia, as well as North and South Korea. Read more
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