Latest Asia Pacific News
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Is Japan’s premier afraid of ghosts
Tokyo - Japanese Prime Minister Shinzo Abe's cabinet on Friday formally denied months-long rumours that the premier had not moved into his official residence over fears the mansion is ...
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Fitch Macao Banks Rapid China Growth Alters Risk Profiles
Lack of Stringent U.S. CMBS Underwriting Could Affect REITs Changes in the availability, pricing, and underwriting stringency of U.S. CMBS financing could affect REITs directly and indirectly, according to Fitch Ratings. In addition, a boom-or-bust cycle for CMBS loan performance would negatively affect REITs that regularly access the CMBS ...
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Former sex slaves demand Mayor Toro Hashimoto of Osaka Japan quit over remarks justifying WWII comfort women
South Korean Kim Bok-Dong, who served as a sex slave for Japanese soldiers during World War II, speaks during the 1,000th weekly protest in front of the Japanese embassy in Seoul, Dec. 14, ...
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Boat with 150 capsizes off Myanmar UN
This file photo shows Rohingya people, pictured on a fishing boat on November 7, 2012.(Photo:Agencies) A boat carrying up to 150 Rohingya Muslims fleeing a cyclone has capsized off Myanmar's coast, the UN said on Tuesday, as the storm threatened to strike flood-prone Rakhine State over coming days. The boat went missing on Monday night after it left Pauktaw township, a spokeswoman for the ...
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Japanese PMs advisor arrives in DPRK -- local media
Japanese Prime Minister Shinzo Abe's advisor Isao Iijima arrived in the Democratic People's Republic of Korea (DPRK), reported Japan's Kyodo News Agency Tuesday. Kyodo said that the purpose of Iijima's visit to the DPRK is ...
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Comfort Women Cancel Meeting With Japanese Mayor
TOKYO ...
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Japan life insurers may keep money at home as bond yields rise
By Taiga Uranaka TOKYO | Fri May 24, 2013 6:32am EDT TOKYO May 24 (Reuters) - Japanese life insurers are giving signs that they may not send much more of their $3 trillion in assets abroad this year, as Japanese government bond yields start picking up, despite hinting last month that they might boost their foreign bond holdings to seek higher returns. Investors have been spurred to ...
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China calls for denuclearization on Korean Peninsula
Pyongyang envoy seeks end to int'l isolation, say experts China said on Friday it hoped relevant parties to continue sticking to the objective of denuclearization on the Korean Peninsula and work for peace and stability in Northeast Asia. Vice Chairman of China's Central Military Commission Fan Changlong made the call on Friday during his meeting with Choe Ryong Hae, the special envoy ...
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China to simplify forex transactions
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Chinas SOEs face poor profit prospects
BEIJING - With China's State-owned enterprises (SOEs) posting growth of just 5.3 percent from January to April this year, prospects for the SOEs' profitability in 2013 remain poor, analysts said. The SOEs saw their total profit growth slow to 5.3 ...
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China-Pakistan ties to get fresh vigor premier
/enpproperty--> ISLAMABAD - Visiting Premier Li Keqiang said Thursday that the commitment shared by China and Pakistan to deepening bilateral cooperation will inject new vigor into their friendship. The two nations boast an evergreen friendship that is always full of vim and vigor, Li said in a meeting with a cross-section of Pakistanis devoted to bilateral friendship. Noting that the ...
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Filmed insights into Chinas big change
An urge to record the phenomenon of China's transformation over the past two decades has propelled what has come to be known as the New Chinese Documentary Film Movement. Pioneers such as Duan Jinchuan, Zhang Yuan and Wu Wenguang have pushed a hugely influential "reality aesthetic", taking advantage of developing technologies that allow regular citizens to tell the stories they ...
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US schools vie for partners in China
/enpproperty--> US universities are seeking out partnerships in China, hoping to broaden their international reach and provide academic and research opportunities for students and faculty, as two campus presidents' trips to China show. The University of Pennsylvania "is deeply committed to its engagement in China", said Amy Gutmann, president of the Ivy League school in ...
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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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Mando China puts listing plan on hold
(25 mins ago) Mando China (1356) said it has decided to delay its plan to floating its shares in Hong Kong due to market volatility. The South Korean autopart maker was originally set to float its shares, aiming forHK$6.8-8.6 apiece, on the local bourse on May 30, seeking to raise as much as HK$2.093 billion. With a broadlot of 500 shares, the minimum charge is ...
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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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Feds Bullard sees no surprise in Japan swings
LONDON (MarketWatch) -- The big swings in Japan's stock and bond markets is not surprising, given the Japanese government's aggressive monetary stimulus program, St. Louis Federal Reserve Chairman James Bullard said Friday. "It is a big moment for Japan," Bullard ...
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China vows to liberalise interest rates
yuan currency more responsive to market forces and more convertible this year, the government said on Friday. China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according to guidelines on reforms for 2013 drafted by the National and Development and Reform Commission ...
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Liberia Pr China or India - Who Takes Wologisi Mountain
The Government of the People's Republic of China has expressed interest in exploiting the Wologisi Mountain in Lofa County, northwestern Liberia, amidst reports here that an Indian company O.P. Jindal Group has similar interest. Chinese Ambassador Zhao Jianhua, told a news conference Thursday in Monrovia that the Wologisi Mountain is China's interest, but there is yet no formal ...
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Djibouti Govt Japan Discuss Geothermal Co-Operation
Djiboutian Minister of Energy Ali Yacoub Mohamoud and Japanese Ambassador to Djibouti Atsushi Nishioka discussed the possible joint development of geothermal energy in Djibouti Wednesday (May 22nd), the Djiboutian Information Agency reported. Mohamoud expressed Djibouti's desire to develop geothermal energy as a way to move towards energy independence, which Nishioka said Japan will ...
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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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5 Thai soldiers killed in bomb attack
Five Thai soldiers were killed in a road-side bomb explosion in shouthern Thai Province of Pattani on Friday. Thai media reported that the bomb was detonated by Muslim insurgents in the southern part of Thailand to ambush a unit of rangers in Moo 4 village inTambon Buarae in Sai Buri district at 10:50 a.m.. The rangers were returning to their base in their pick-up truck after keeping security ...
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Japan China S Korea to cooperate on air pollution
Japan, China and South Korea agreed Monday to cooperate in the fight against cross-border air pollution, despite strained relations between the neighbors because of territorial disputes. The annual ministerial environmental meeting in Kitakyushu on Sunday and Monday came after acrid haze blanketing swathes of China earlier this year sparked health warnings in Japan as the smog spread across the ...
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Chinas premier Li Keqiang in Pakistan
By Syed Fazl-e-Haider KARACHI - Pakistan and China on Wednesday agreed to jointly work on an economic corridor for enhanced connectivity, with the two countries signing a series of agreements related to energy, technology and space during the first visit to Pakistan by China's premier Li Keqiang since he took office in March. Even so, local critics claimed Pakistan was of little ...
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Kerry to Visit Ethiopia for Security Talks
U.S. Secretary of State John Kerry is headed to Ethiopia for security talks with regional officials and to attend a 50th anniversary celebration for the African ...
China Digest
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Chinese shipping industry is not the only one causing environmental incidents
The recent highly publicized grounding of a Chinese bulk carrier on the Great Barrier Reef in Australia attracted the scrutiny of the world on the Chinese shipping industry with some commentators saying that the accident was indicative of a dysfunctional health and safety record throughout the industry in China.
China’s shipping industry is primarily made up of the state-owned and run COSCO (China Ocean Shipping Company), and it is this company to whom the Shen Neng 1 belongs. The Shen Neng 1 is not the only COSCO ship to be involved in a notable maritime accident. Read more
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