Latest Asia Pacific News
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Chinas Chery Automobile inks partnership deal with BWF
China's car manufacturer Chery Automobil and the World Badminton Federation (BWF) on Thursday signed a partnership agreement, which the two sides described as a "win-win cooperation."The agreement will see Chery become an "official partner of BWF " for major badminton events, the Thomas and Uber Cup, Sudirman Cup and World Championships in four years."We are aware ...
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Manufacturing contraction dampens hopes for Chinas swift recovery
China's manufacturing activity contracted in May, suggesting that economic growth is likely to keep dipping, as authorities have tightened policies over concerns of growing financial risks.The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for May fell to 49.6, dropping under the boom-bust line of 50 for the first time since October, according to figures released by HSBC on ...
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China ASEAN jointly recommend brands
The China-ASEAN Business Council (CABC) held a press conference in Beijing on Thursday to release a list of recommended brand-name products manufactured by China and the ASEAN bloc.Sixty companies and products from China were listed, as well as 45 companies from ASEAN countries.The recommendation list is intended to enhance understanding between both sides and promote economic cooperation, said ...
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Large tungsten mine discovered in East China
Geologists have discovered a large tungsten mine in east China's Jiangxi Province, officials said Thursday.More than 1 million tonnes of tungsten and associated copper have been found at the mine in the Zhuxi mineral area of Fuliang County in the northeast part of the province, said Peng Zezhou, chief of the provincial geology and mineral resources exploration bureau.The Ministry of Land ...
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China ROK to hold 6th high-level strategic dialogue
China and the Republic of Korea (ROK) will hold the sixth high-level strategic dialogue between their foreign ministries in Beijing next month, a Chinese Foreign Ministry spokesman announced Thursday.Chinese Vice Foreign Minister Zhang Yesui and ROK's First Vice Foreign Minister Kim Kyou-hyun will attend the dialogue scheduled for June 3.They will exchange views on bilateral relations and ...
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China issues rules to prevent judicial order disruptions
Police officers posted at people's procuratorial organs will be responsible for stopping any efforts to disrupt judicial order, according to a renewed set of regulations.Protective restraint will be imposed by police officers on people, including petitioners, who attempt to injure or kill themselves at procurators' offices, according to the regulations.The regulations were recently ...
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President Xi stresses rehabilitation in quake-hit SW China
President Xi Jinping has asked local governments in southwest China's Sichuan Province, which was hit by a strong earthquake last month, to shift their focus to rehabilitation.During a visit to hard-hit Lushan County, Xi urged local governments to carefully evaluate the damage and draft a rehabilitation plan based on local conditions.The rehabilitation program should not only consider local ...
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Deputy PMs reconciliation bill submitted to Thai Parliament
The controversial national reconciliation draft bill have been submitted for parliament's deliberation.A group of MPs from the ruling Pheu Thai Party on Thursday tabled a national reconciliation bill drafted by Deputy Prime Minister Chalerm Yoobamrung.They say the draft bill, seeking amnesty for all political groups, is important to the country as it will help the country move forward amid ...
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Harper set to meet with Pacific Alliance to talk trade
Prime Minister Stephen Harper arrives in Cali, Colombia on May 22, 2013 to take part in the Pacific Alliance summit. (Sean Kilpatrick/THE CANADIAN ...
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China to support Pakistans stability and growth
/enpproperty--> ISLAMABAD - The Chinese government will unswervingly stick to its friendly policy toward Pakistan and support the South Asian nation in realizing stability and better development, visiting Chinese Premier Li Keqiang said here Thursday. Li was speaking during a meeting with Pakistani military leaders including Chairman of Joint Chiefs of Staff Committee General Khalid Shameem ...
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China warns blind dissident ahead of Taiwan trip
BEIJING (Reuters) - China warned blind legal activist Chen Guangcheng on Thursday to mind his language ahead of his trip next month to political rival Taiwan, on a visit which could infuriate Beijing if, as expected, Chen uses it to criticise Chinese rights abuses. China has been largely silent on the issue of Chen since he fled from house arrest and took refuge in the U.S. embassy in Beijing ...
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Honda Nagatomo back for crunch Australia clash
Keisuke Honda in action for Japan against Oman Knee injuries forced both players to miss the 2-1 defeat to Jordan in March but victory against the Socceroos in Saitama would secure a fifth consecutive World Cup finals appearance for Alberto Zaccheroni's side, who have a six-point advantage in their qualifying group with two games to play."The moment of truth has come for my team," ...
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Japans Nikkei plunges 7.3
U.S. stocks tumbled Thursday after Bernanke spoke, Fed meeting minutes released U.S. stocks, which fell sharply Wednesday, were poised for more declines Thursday. Following a sharp sell-off in global markets, Dow Jones industrial average futures were 1% lower while the broader Standard &Poor's 500 futures fell 1.2%. The tech-laden Nasdaq composite index was down 1.1%.Those declines are ...
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Japan stocks plunge 7
A seven-month rally in Japanese stocks came to an abrupt halt Thursday as the benchmark Nikkei index plunged by 7.3%, with investors rattled by weak economic data from ...
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Stocks weighed down by China and Fed fallout
U.S. stocks fell Wednesday after mixed messages from the Federal Reserve about its ongoing bond-buying program. Stocks had rallied earlier as investors welcomed comments from Fed ...
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Family of Ontario man missing in Australia pleads for army help
The family and friends of a Canadian missing in Australia's Snowy Mountains region for more than a week are calling for additional manpower to search for the hiker. The calls came as hopes briefly rose Wednesday of finding Prabhdeep Srawn when "voices" were heard in the search area in the Kosciuszko National Park. But reports from the site in New South Wales say that poor ...
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Asia Pacific Digital Brands and Retailers in Asia Pacific Struggling to Bring E-Commerce Offerings to Market Quickly
Complexity and service provider fragmentation significant barriers to taking businesses online SINGAPORE, May 23, 2013 /PRNewswire/ -- eCommerce in Asia Pacific is growing at a fast pace and by the end of 2013 is expected to overtake North America as the region with the world's highest B2C eCommerce revenues (Note 1). Despite this positive backdrop, brands and retailers face a high level ...
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Taiwan boxing chief enters IOC race
Taiwanese boxing chief Wu Ching-kuo on Thursday vowed to fight doping and match-fixing as he announced his bid to run for the presidency of the International Olympic Committee (IOC). Wu, head of the International Amateur Boxing Federation since 2006, formally unveiled his manifesto for what is one of the world's most prestigious sporting jobs at a press conference in Taipei, AFP reports. ...
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DOT seeks new markets for Boracay after Taiwan tourists cancel bookings
Boracay. Photo by Don Lejano/INQUIRER.net ILOILO CITY, Philippines -- The Department of Tourism (DOT) is intensifying efforts to attract tourists from other countries to Boracay amid the cancellation of bookings of Taiwanese tourists. Tourism regional director Helen Catalbas said that while Taiwan was among the top tourist markets, the volume of tourists from Korea and China were also among ...
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Warning signs for China Fed hints at curbing stimulus
LONDON (Reuters) - Chinese factory activity shrank in May for the first time in seven months, overshadowing signs that the euro zone's downturn tempered slightly in May, business surveys showed on ...
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Slide Show Most popular American brands in China
By 2030, roughly two-thirds of the world's middle class will be in the Asia Pacific region--largely in China--according to a report by Ernst & Young. Currently at around 150 million people, the Chinese middle classis expected to reach 1 billion. Representing a $250 billion market for American companies today,according to the U.S.-China Business Council estimates,it's worth noting ...
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Currencies Dollar tumbles vs. yen as Japan stocks sink
LONDON (MarketWatch) -- The dollar slumped on Thursday, dropping closer to the 100-yen level, as Japanese stocks plunged on the back of disappointing Chinese data and fears the U.S. Federal Reserve could soon begin to reduce its bond ...
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LONDON MARKETS U.K. Stocks Slide As Miners Drop On China Data
LONDON – U.K.'s benchmark FTSE 100 stock index retreated from a 13-year high on Thursday, with resource firms adding pressure after disappointing Chinese manufacturing data fueled worries about growth recovery in the Asian nation.The FTSE 100 index slumped 1.9%, after climbing to the highest close since December 1999 on Wednesday.Mining firms were among biggest decliners, after ...
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EU ready for talks on China investment accord
BRUSSELS (AFP) - The European Commission announced on Thursday it was ready to open negotiations with China, one of the EU's most important trading partners, on an investment protection accord.The announcement comes in the midst of a series of tit-for-tat trade disputes between Brussels and Beijing and as the EU begins talks with Washington on what could be the largest ever Free Trade ...
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Record Attendance at the Oxford Instruments Plasma Technology Seminars in Beijing China and Hsinchu andTaiwan
Oxford Instruments Plasma Technology has just completed its series of Asian seminars in Beijing, China and Hsinchu, Taiwan, attracting a record total attendance of over 250 ...
Macau Featured
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Macau economy punches way above its weight
Macau’s economy is set for a continued period of rapid growth over the next decade as Asia tops the charts in terms of revenue gained through gaming industries, but there is more to our little city-state than just casinos and hotels.
Macau is the Monaco of Asia. Although legally part of the Peoples Republic of China, this small little territory, just 29 kilometers squared and one of the most densely populated in the world, exists under the ‘one country, two systems’ policy of the Chinese government and therefore has its own internal legal system and political makeup. It is this which has enabled Macau, a tiny city-state with no natural resources, to develop one of the highest GDPs per capita in Asia, after Singapore. Read more
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