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India places its Asian bet on Japan
By Peter Lee In a dismaying week for the People's Republic of China (PRC), India turned away from it, and gave further signals that it is ready to move beyond the narrative of Japanese World War II aggression that has informed China's Asian diplomacy and anchored the US presence in Asia for over half a century in favor of a view of Japan as a leading and laudable security actor in ...
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ASIA CREDIT CLOSE Full blown panic as prices gap down
Thu Jun 20, 2013 5:28am EDT SINGAPORE, June 20 (IFR) - Ben Bernanke's statement after the FOMC provided no respite to the panic over a tapering of QE in the US. Adding to the inauspicious mix has been the fear of a liquidity crisis in China's interbank market, where rates have spiked to an all-time 8% high with no relief seen in the form of PBoC intervention. The Asia iTraxx IG index has ...
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12 Indonesian soldiers on trial over prison attack
YOGYAKARTA, Indonesia -- Soldiers from Indonesia's elite special forces have gone before a military court charged with storming a prison and killing four detainees on the main Java island.The 12 soldiers of Kopassus were put on four separate trials Thursday in Yogyakarta province, facing premeditated murder charges that could result in the death penalty.They are accused of bursting into ...
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China Vietnam talk amid South China Sea tensions
BEIJING - Vietnam's president is being feted by China's leaders on a visit through Friday as Beijing continues to shun another rival for South China Sea territory that has challenged its claims on legal grounds, the Philippines.President Truong Tan Sang is on the three-day visit to boost economic ties with China, Vietnam's communist ally and biggest trading partner. How to manage ...
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UMC looking for potential acquisitions in Asia
United Microelectronics (UMC) is looking for potential acquisitions in Asia to further grow its foundry business worldwide and expand its client portfolio, the IC foundry said in a filing with the Taiwan Stock Exchange ...
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S Korean airlines ban shark fin as cargo
South Korea's two largest airlines said on Thursday they had both decided to ban shark fin from their cargo flights as part of a growing global campaign against the Asian ...
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Unesco lists 6 Syrian heritage sites as endangered
Syria including a fortress of Saladin and a Crusader castle to the endangered world heritage list, warning that more than two years of civil war had inflicted heavy ...
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Asian coffee exporters feel the heat as premiums soar
Thu Jun 20, 2013 4:57am EDT * Indonesia premiums at $170, highest since mid-2012 * Supply crunch raises fears of defaults * London futures near lowest level since Oct 2010 By Lewa Pardomuan and Ho Binh Minh SINGAPORE/HANOI, June 20 (Reuters) - Global food producers such as Nestle SA will have to pay more for the robusta coffee beans used in biscuits and drinks as a supply crunch sends premiums ...
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Asia dominates worlds most expensive office spaces report
NEW YORK (Reuters) - Five of the six most expensive office areas in the world are in Asia, as demand by global companies to locate their outstripped the supply, according to a semiannual report released on Thursday by real estate services company CBRE ...
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Black Sea wheat makes Asia comeback after 3 years
Thu Jun 20, 2013 4:49am EDT * Thailand, Philippines buy 200,000 T of Black Sea wheat * Market eyes up to 2.5 mln T of Russian, Ukrainian wheat * Milling wheat buyers may be reluctant to make shift By Naveen Thukral SINGAPORE, June 20 (Reuters) - Wheat buyers in Asia are looking to replace Indian and Australian cargoes in the lower-end feed grain market with cheaper supplies from the Black Sea, ...
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Brazil rolls back subway bus fare hikeLeaders in Brazils two biggest cities said Wednesday that they have reversed an increase in bus and subway fares that ignited protests across the nation.
Beginning as protests against bus fare hikes, the demonstrations have quickly ballooned to include broad middle-class outrage over the failure of the government to provide basic services and ensure public ...
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Nobel winner says Bangladesh snatching bank from poor
Grameen Bank from the poor after it raised its stake in the pioneering micro-lender. In an opinion piece published in all major Bangladeshi dailies, the ...
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China rejects US human trafficking criticism as arbitrary
China on Thursday rejected a US report that downgraded Beijing for failing to make greater efforts to combat human trafficking. "We believe that the US side should take an objective and impartial view of China's efforts (in fighting human trafficking) and stop making unilateral or arbitrary judgements of ...
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Indias military steps up rescue on monsoon toll fears
DEHRADUN, India (AFP) - India's military stepped up efforts on Thursday to reach villages and towns cut off by flash floods and landslides in the country's north as officials warned at least 1,000 people may have been killed.Helicopters and close to 10,000 soldiers have been deployed to reach tourists and pilgrims stranded after floods caused by torrential monsoon rains hit the ...
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Dollar steady in Asian trade
Tokyo - The dollar held firm in Asia on Thursday after rallying on comments by the head of the US Federal Reserve that it could begin to scale back its monetary easing programme later this ...
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One third of South Koreans to be over 65 by 2040
Nearly one third of South Koreans will be aged 65 or older by 2040, government data showed on Thursday, confirming one of the greatest challenges facing Asia's fourth-largest ...
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Philippines financial capital bans plastic bags
The Philippines financial capital banned disposable plastic shopping bags and styrofoam food containers, as part of escalating efforts across the nation's capital to curb rubbish that exacerbates deadly ...
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Medical care lags behind Afghan military growth
FORWARD OPERATING BASE SHINWAR, Afghanistan (AP) -- The young Afghan soldier lay in great pain on a cot at an army base, his uniform pants cut up to his thigh so medics could clean the wound in his right knee where he was shot fighting insurgents. The medics bandaged him and gave him morphine and an IV bag of fluids. But they couldn't stitch up the wound or give further care because ...
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Philippines US to hold naval exercises near disputed reef
MANILA, Philippines – The United States and the Philippines are to hold joint naval maneuvers in the South China Sea next week between the main island of Luzon and a reef claimed by both China and Manila, the Filipino navy said Thursday. The exercises taking place from June 27 to July 2 by the two allies are to be held about 108 kilometers (67 miles) east of Scarborough Shoal, navy ...
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No dates set for US-Taliban talks Source
Asked if the meeting would happen on Thursday, the source replied: "There is nothing scheduled that I am aware of." Asked if that meant they would not happen today, the source added: "Yes that's correct." A senior US official said on Wednesday that talks with the Taliban were likely to be held within the next few days in Qatar, after delays caused by tensions over the ...
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SKorean nuclear operator raided in cable probe
SEOUL, South Korea -- South Korea's sole nuclear operator says investigators raided its offices as part of a probe into nuclear plant cables.Korea Hydro & Nuclear Power Co. spokesman Lee Yoon-dong said Thursday prosecutors seized documents and computer hard drives from offices including its headquarters in southeastern Korea. Prosecutors could not be reached for comment.South Korea ...
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AP PHOTOS Bangladesh collapse left many amputees
SAVAR, Bangladesh -- It was the worst disaster in the history of the garment industry. When the Rana Plaza factory building crashed down in April, 1,129 people were killed. But many others had to sacrifice their limbs to survive.Arms and legs were trapped under the building rubble, forcing rescuers with no medical training to perform amputations on the spot to free the victims. No anesthesia ...
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Asian assets hammered on China fears
Tokyo - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month ...
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Indonesia chides Singapore over reactions on haze situation
Indonesia on Thursday accused Singapore of"behaving like a child" by complaining about severe haze from raging forest fires on Sumatra island that has cloaked the ...
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148 forest hot spots detected in Indonesias Riau province
The number of the hot spots in Riau increased to 148from 106 on June 18, indicating that the forest and plantation fires in theprovince have spread to a wider ...
Brunei Featured
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New Focus on Brunei's Schools
Brunei has an education system to be proud of, which has made the recent discovery of dirty and badly maintained toilet facilities at 180 schools all the more unacceptable for the Ministry of Education.
Brunei has one of the best systems of education in the region. As a country, Brunei spends over 10% of its government budget on education, among children in the country there is a 99% literary rate, and schooling for all citizens is free (while foreign residents pay only a small charge). Read more
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