Latest Asia Pacific News
RSS-
U.S.-South Korea trade deal produces weak first-year results
More than a year after it took effect, a highly touted trade deal with South Korea has failed to produce as expected for the United States. Exports are down, imports are up and the trade deficit with the Asian economic powerhouse has ...
-
JX Nippon KUFPEC and Santos begin oil output in Australia
(MENAFN - Kuwait News Agency (KUNA)) JX Nippon Oil and Gas Exploration Corp., a unit of Japan's top refiner, said Friday it started commercial oil production from the Finucane South field, off Western Australia, on May 16. The project is jointly owned by a local unit of state-owned Kuwait Foreign Petroleum Exploration Company (KUFPEC) and Australian upstream group Santos. Production began ...
-
Japans central bank chief upbeat on monetary easing
(MENAFN - Kuwait News Agency (KUNA)) Bank of Japan (BOJ) new Governor Haruhiko Kuroda on Friday expressed confidence with effects of the central bank's drastic monetary easing to end the country's deflation that has lasted for nearly 15 years."What's most important is that the effect of our monetary easing creates a positive cycle of output, income and spending in the ...
More Asia Pacific News
RSS-
China is now worlds second largest moviegoing country
May 25--Related: Mayor Villaraigosa off to China to promote business Movies are bigger than ever. At least, they are in China. The nation of 1.35 billion became the second largest filmgoing market on the planet last year, its box office receipts of $2.7 billion muscling out Japan from that spot. That was a whopping 36 percent higher than the 2011 ticket sales in the People's Republic, and ...
-
A historic opportunity to advance China-EU cooperation
Premier Li Keqiang has arrived in Berlin for an official visit, opening up a historic opportunity to firm up China's cooperation with Germany and the European Union (EU) at large.The China-Germany relationship is now in its best shape in history, and their fruitful practical cooperation has evolved into a paragon of China-West interaction.A telling illustration of the Beijing-Berlin close ...
-
China to continue developing strategic partnership with Ecuador special envoy
The Chinese government's Special Envoy Chen Lei said Saturday that his country is willing to further develop bilateral strategic partnership with Ecuador during a meeting with Ecuadorian Minister of Foreign Affairs Ricardo Patino in Quito, the capital city of the South American country.Chen, also the minister of water resources, was here to attend Friday's inauguration ceremony of ...
-
Five more private insurance companies granted to operate in Myanmar
Five more private insurance companies have been granted to operate in Myanmar, official media reported Sunday.The five companies follows the 12 given permission to run their services in September last year."The insurance market has shifted from unipolar to multi-polar system which would make the insurance market stronger," the New Light of Myanmar quoted Deputy Minister of Finance and ...
-
Chinas energy demand to peak in 20 years expert
China will see its energy demand peak between 2030 and 2035 on the back of expanding industrialization and urbanization, Zhong Ziran, chief engineer of the Ministry of Land and Resources, forecast on Saturday.The country's energy consumption will grow at an annualized pace of 4.5 percent in the next 20 years, with the accumulative demand for coal, oil and natural gas at 82.6 billion tonnes, ...
-
AU chairman lauds Chinas role in infrastructure development in
Stating that some Africa's partners have given priority to infrastructural development in Africa, Hailemariam Desalegn, Ethiopian Prime Minister and the chairman of the African Union (AU), on Saturday expressed appreciation to China for investing billions in the sector on the African continent.Hailemariam was speaking to a special AU summit called for the commemoration of the 50th ...
-
Leftist rebel in possession of landmines arrested in S. Philippines
Philippine authorities intercepted Saturday afternoon six anti-tank improvised explosive devices (IED) from a suspected member of the leftist New People's Army (NPA) in southern city of Davao, local military said.The explosive devices or landmines were caught in the possession of Joey Atienza, 33, at Upper Mabuhay village in Paquibato District, said Lieutenant Colonel Inocencio Pasaporte, ...
-
Japanese Lab Workers Exposed to Radiation
TOKYO -- As many as 55 workers at a national laboratory may have been exposed to low levels of radiation after an experiment overheated, releasing radioactive particles into the air, the agency operating the lab said ...
-
Minamisanriku Tsunami-Hit Town In Japan Gets Easter Island Statue As Symbol For Recovery
Japanese high school students and carvers from Chile pose before a new 'Moai' statue (back C), modelled on the mysterious carvings at Easter Island, as it was set at the tsunami-devastated town of Minamisanriku in Miyagi prefecture, northern Japan on May 25, 2013. The giant present, a three-meter tall stone statue, crossed the ocean from Chile as the town's original was destroyed ...
-
UN to strangle North Korea with brutal sanctions
The world community again demonstrated unanimity in the face of North Korea's nuclear threat. After an atomic explosion at an underground test site on February ...
-
Fake Psy Party Crashes in Cannes
CANNES -- A man pretending to be South Korean rapper Psy talked his way into glitzy parties at the Cannes film festival and posed with fans until he was spotted drinking champagne by the real Psy's manager. Psy, in Singapore on Thursday night to perform at the inaugural Social Star awards, said that Scooter Braun spotted the imposter, took a photo and sent it to ...
-
Rogers Signs Multi-Year Contract with Los Angeles Galaxy
Former U.S. soccer international Robbie Rogers has joined Major League Soccer's Los Angeles Galaxy, the team said on Saturday, making him the latest openly gay male athlete in an American professional team sport. Rogers, who came out in February on the same day he retired from the game, will be on the Galaxy's roster for Sunday's home match against the Seattle Sounders if his ...
-
China to meet South Korea in Sudriman Cup final
China's Chen Long plays a shot during the men's singles match against Denmark's Jan Jorgensen during the semi-finals of the Sudirman Cup World Team Badminton Championships in Kuala Lumpur May 25, ...
-
China closes the gap with Europe
Premier Li Keqiang concludes a historic free trade agreement with Switzerland that promises to tighten ties with Europe, China's largest trade partner. The free trade agreement between China and Switzerland will benefit both nations and bring the second largest economy in the world closer to Europe, Premier Li Keqiang said during his visit to Bern on Saturday. Both countries can tap the ...
-
Chinas Bronze Age antiquities exhibit in Sweden
/enpproperty--> STOCKHOLM - China's Bronze Age Antiquities from central Henan province started to be exhibited in the Museum of Far Eastern Antiquities in Stockholm of Sweden on Saturday, marking the 50th anniversary celebrations of the ...
-
Chinas only nuke developer A draw for technical talents
More than 7,300 technicians are acting as competent assistants, in China's only nuclear weapon developing institute, to turn their ideas into ...
-
A Region in Myanmar Limits Births of Muslims
YANGON, Myanmar ...
-
U.S. Shift Poses Risk to Pakistan
Pakistani leaders who have long demanded an American exit from their region may get their wish, but a broader disengagement is also likely to diminish the financing, prestige and political importance Pakistan held as a crucial player in global counterterrorism efforts, and could upset its internal ...
-
Uniformed French soldier stabbed in neck while on patrol in Paris
A French soldier stabbed in the neck Saturday while on patrol in Paris was expected to survive, said authorities, who had yet to make an arrest in the attack. Sky News reported the 23-year-old victim was with two other soldiers when his assailant approached from behind in a busy underground train station about 6 p.m., cut him with a knife or box-cutter and fled. Sky News said CCTV footage ...
-
Obama names Japan expert as top Asia diplomat
U.S. President Barack Obama has named Danny Russel, a close aide with expertise in Japan, as the top U.S. diplomat for East Asia charged with handling relations with the region. The Senate will need to confirm Russel as the assistant secretary of state for East Asia. Obama, announcing Russel and other nominees, praised them for their "depth of experience and tremendous dedication" to ...
-
Flash Flood Warning Issued in San Antonio Texas
The city of San Antonio, Texas is under a flash flood warning with more heavy rain expected Saturday night in the already flooded area. As much as 39 centimeters of rain has fallen in some parts of the city since early Saturday. At least one person was killed when floodwaters swept away her car. Rescuers have spent much of the day pulling more than 100 people from their flooded cars and ...
-
Obama to Console Oklahoma Tornado Victims
U.S. President Barack Obama makes a poignant visit Sunday to the city of Moore, Oklahoma which is just starting to recover from last week's deadly tornado. President Obama will meet with and console residents of the midwestern town where 24 people were killed and more than 200 others hurt. Some people lost everything they owned when the twister obliterated entire neighborhoods. The ...
Macau Featured
-
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
News from around our Network
