Latest Asia Pacific News
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China-Pakistan have all-weather strategic ties
Islamabad, May 22 : Li Keqiang left India for Pakistan Wednesday, the second stop of his first overseas trip as China's premier. Xinhua described the Islamabad-Beijing ties as an "all-weather strategic ...
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China to increase investments in India give Indian products access
Business India News: Chinese Premier Li Keqiang on Tuesday said China will support its enterprises to increase investments in India and help Indian products have access to Chinese market as he supported a favourable trade balance in a bid to decrease mounting bilateral trade ...
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OFW claims to be Indonesian skips night-outs to avoid attacks in Taiwan
ILOILO CITY, Philippines -- An overseas Filipino worker in Taiwan had to say she is Indonesian while another Filipino worker could only go to work riding a company truck to be safe from irate Taiwanese. Upon the advice of her employer, she identified herself as an Indonesian whenever asked for her nationality. She has also limited going out in public especially when alone at night. "I ...
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Food poisoning sickens students in NW China
Dozens of students from multiple primary and middle schools in Northwest China's Qinghai Province have been affected by food poisoning, local authorities said Wednesday. As of 3 pm, more than 20 students from three schools in Hui-Tu Autonomous County of Datong had been sent to a local hospital for treatment, sources with the county government said. Their conditions have not yet been ...
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China plans to support central western universities
China on Wednesday unveiled a plan to support universities in its less developed central and western regions, with these institutions having been left behind by peers in the country's richer coastal areas.The ministries of education and finance along with the National Development and Reform Commission, the country's top planning agency, jointly issued the plan designed to help ...
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Temperature reaches 31.9 degrees Celsius in Nantong E China
A young woman wearing summer suit walks on road in Nantong City, East China's Jiangsu Province, May 21, 2013. The highest temperature reached 31.9 C on Tuesday. (Xinhua/Xu ...
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China major player in fighting hunger UNWFP
A top official from the United Nations World Food Program (WFP) said Wednesday that China is capable of playing a major role in the global fight against hunger."China has made enormous progress in dealing with hunger and its experience can be learned by the whole world," WFP Executive Director Ertharin Cousin said during her first visit to China as the agency's new chief.WFP ...
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Death toll of Indonesias mine incident rises to 28 operation remains suspended
Death toll in underground mine incident at Indonesia's Freeport-Mc-MoRant Copper and Gold Inc. has increased to 28, with 10 people injured and operation of the firm remaining suspended, a minister and firm official said here on Wednesday. Five people have suffered from serious injury and the other five got minor wounds, said Indonesian Energy and Mineral Resources Minister Jero Wacik. The ...
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Japan mulling to restart inter-governmental talks with DPRK
Japanese Chief Cabinet Secretary Yoshihide Suga said in Tokyo on Wednesday that Japan is mulling to resume the stalled inter-governmental talks with the Democratic People's Republic of Korea (DPRK) in an effort to resolve abduction issue.Suga said Prime Minister Shinzo Abe is resolute to resolve the issue and that Japan seeks every possibility to communicate with the DPRK to make the issue ...
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Chinas outbound MA value hits record high PwC
/enpproperty--> BEIJING - The total value of China's outbound mergers and acquisitions in 2012 reached a record-high $65.2 billion, marking a five-fold increase from $10.3 billion in 2008, a PricewaterhouseCoopers (PwC) report said Wednesday. Since 2009, China has been leading the trend among emerging markets in carrying out mergers and acquisitions in the markets of developed ...
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Four killed as buses crash in NE China
/enpproperty--> Four people were killed after two buses crashed into each other on a highway in Anshan, Liaoning province, on Tuesday, according to a report on www.nen.com.cn. The buses, from the same transportation company, ran into each other at 3:33 pm. Traffic police said the buses were not overloaded or speeding. Three people were killed on the spot and another died while undergoing ...
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Property Drives Wealth of China’s Rich Women
Real estate in China is the main source of wealth for China's wealthiest women, a sign that the sector remains one with huge growth potential even as it contends with cooling measures, shows a survey by research firm Wealth-X released Wednesday. Total wealth attributed to real estate accounts for more than 60 percent of the combined net worth of the 15 wealthiest women in China, which is ...
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Iron Hammer strikes China
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Japan nuclear reactor atop active fault regulator
Japan's nuclear watchdog said on Wednesday that one reactor was sitting directly above an active tectonic fault, effectively ruling out a restart ...
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China donates to SF hospital
Brenda Yee (right), the administrative director of Chinese Hospital, describes the facility to Yuan Nansheng, China's new consul general in San Francisco, during his visit on Tuesday. Yu Wei / China ...
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China UnionPay joins chip-card standards body
/enpproperty--> China UnionPay, the country's leading card-payment processor, has joined UK-based EMV Co, which sets international standards for integrated circuit, or chip, cards. "UnionPay's addition is in line with the trend of the global payment industry's migration to IC cards, further reinforces the development and implementation of global IC card specification, ...
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China going green World’s no. 1 polluter to cap emissions by 2016
Politics China has agreed to cap greenhouse emissions by 2016, after previously refusing to commit to global guidelines. Beijing's regime change signaled a move to a greener policy, as rising levels of toxic pollution in China are suffocating industrial centers. China's National Development and Reform Commission (NDRC) - the government organ responsible for socio-economic growth ...
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Japan BoJ sees economy picking up
The BoJ left monetary policy unchanged. The Bank did not comment on the rise in JGB yields, which might force it to bring asset purchases forward. Today's trade data confirm that demand in overseas economies is picking up. The seasonally adjusted trade deficit improved to JPY764.4 billion in ...
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Fitch Affirms Bank of Taiwan at AAA Withdraws Ratings
U.S. Money Funds Return to Eurozone Banks U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April, although asset allocations to these institutions remain well below 2011 levels, according to Fitch Ratings. As of end-April 2013, MMF allocations to eurozone banks represented 15.1% of assets under management within Fitch Ratings'sample of the 10 largest U.S. ...
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Mobile services shut in Pak ahead of China PMs visit
Samsung Galaxy S4 versus HTC One: Which is a better buy? The mobile giants step back into the ring for another round, as we referee the fight between ...
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New spark in the South China Sea
if you are interested in contributing. In the latest complication of territorial disputes in the South China Sea, Taiwan has imposed diplomatic and economic sanctions on the Philippines. Taipei has rejected Philippine President Benigno Aquino's informal apology after the crew of a Philippine Coast Guard vessel shot dead a Taiwanese fisherman on May 9 in the Bashi Channel where the two ...
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Ahmadinejad Criticizes Aides Election Ban
Iranian President Mahmoud Ahmadinejad is speaking out in defense of a close aide whom authorities have barred from running in next month's presidential ...
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UPDATE 1-Chinas Li offers to help end Pakistan energy crisis
Wed May 22, 2013 4:42am EDT (Adds China comment, security) By Nick Macfie ISLAMABAD May 22 (Reuters) - China and Pakistan should make cooperation on power generation a priority, Chinese Premier Li Keqiang said, as Islamabad seeks to end an energy crisis that triggers power cuts of up to 20 hours a day, bringing the economy to a near standstill. Li arrived in the Pakistan capital under ...
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Accident closes Pacific Highway Wyong
See your ad here The crash occurred near the intersection of McPherson Road about 5.20pm this afternoon.The Roads and Maritime Services are reporting a person is trapped inside one of the vehicles.The RMS is advising motorists to avoid the area and expect significant delays. Motorists heading to or from the F3 are advised to use the Sparks Road ramps instead of Wyong Road, the RMS ...
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Chinas Ai Weiwei releases music video
Chinese dissident artist Ai Weiwei has released a foul-mouthed heavy rock song titled Dumbass, with a video parodying his months in police detention. The video accompanying the song, posted online on Wednesday, shows Ai under interrogation, marking a document with a red thumbprint, and wearing a black hood labelled "Criminal", before being scrutinised by guards in a prison shower. ...
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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