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Fed’s Bullard Says ECB Needs ‘Aggressive’ QE to Avoid Japan Fate
Federal Reserve Bank of St. Louis President James Bullard said Europe risks an extended period of low growth and deflation like Japan’s unless the European Central Bank acts with an aggressive quantitative easing programme. ';You should worry about it, and then take policy action to avoid it,'; Bullard said in Frankfurt today in response to an audience question after a speech. ...
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Japan April exports rise 3.8 pct yearyear – MOF
Japanese exports rose 3.8 percent in April from a year earlier, marking a second straight month of gains, Ministry of Finance data showed on Wednesday, in a sign that a weaker yen and a pickup in global demand are helping the export-reliant economy. The MOF data also showed that Japan logged a trade deficit in April for a 10th straight month, with higher import costs offsetting export gains ...
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S’pore Japan prime ministers express wish for enhanced bilateral ties
The prime ministers of Singapore and Japan have expressed the desire to enhance bilateral ties. Singapore’s prime minister Lee Hsien Loong met his Japanese counterpart Shinzo Abe, in Tokyo, Japan on Wednesday. In his opening remarks, Abe said both countries share the same values of freedom and democracy. He added Singapore and Japan can work together for peace and stability in the ...
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Japan Confronts Pyongyang Abductions
A senior Japanese official said Tokyo will make its own overtures to North Korea on what it claims are abductions of Japanese citizens, dismissing US and South Korean concern that the North may try to drive a wedge between the three allies. A surprise trip to Pyongyang last week by Isao Iijima, a senior aide to prime minister Shinzo Abe, irked Japan’s allies, who fear such moves could ...
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Japan Keeps Monetary Policy Steady Amid Deflation Fight
The Bank of Japan stood pat on monetary policy Wednesday amid market jitters over volatility in bond markets, which has threatened to undermine the country’s battle to end deflation and stimulate growth in the giant economy. In a unanimous vote, the bank’s board stuck to its strategy of expanding the monetary base at an annual pace of 60 trillion yen to 70 trillion yen, or $585 ...
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Singapore-KL high-speed rail link looking ‘very attractive’
The proposed high-speed rail link between Singapore and Kuala Lumpur is looking ';very, very attractive';, though further discussions on the finer details are needed, Malaysian Foreign minister Anifah Aman said yesterday. In his first major press conference since the elections to outline the ministry’s priorities, Datuk Seri Anifah said preliminary studies for the rail link are ...
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Tennis Iron woman Zheng stuns Wozniacki in Brussels
China's Zheng Jie knocked top seed Caroline Wozniacki out of the Brussels Open on Wednesday, just hours after prevailing in a three-set opener held over because of Tuesday's heavy ...
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France seeks to brand Hezbollah as terrorist group
Laurent Fabius said on Wednesday. "Because of the decisions that have been taken by Hezbollah and the fact that they are fighting very harshly the Syrian population, we have decided to ask that the military branch of the Hezbollah would be considered as a terrorist organisation," Fabius told reporters in English. The United States has long designated the Lebanon-based militant group, ...
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Central Coast Mariners Asian Champions League campaign over after Guangzhou loss
China Central Coast had no answer to the talent assembled so expensively by Guangzhou Evergrande as the A-League champions tumbling out the Asian Champions League on Wednesday with a 3-0 defeat in China.Manager Graham Arnold had stressed the importance of keeping a clean sheet if his side was to overturn a 2-1 first-leg deficit in the round of 16, but Brazilian midfielder Muriqui put Guangzhou ...
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Richmonds PriceSmart finds right mix in catering to both Asian and English-speaking shoppers
METRO VANCOUVER -- While debate continues to burn over a campaign for English sign bylaws to rule over pockets of Chinese business resistance, a supermarket chain has pulled off a cross-cultural culinary coup.Many businesses across the city display dual language signage -- usually English and Chinese, in varying proportions depending on what community you're in.Few, if any, however, can ...
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Am. Samoa to keep flier miles for govt travelers
By FILI SAGAPOLUTELEAssociated Press PAGO PAGO, American Samoa (AP) - American Samoa plans to take away frequent flier miles from government workers who travel on behalf of the U.S. territory. Gov. Lolo Matalasi Moliga says the territory will use the miles to help medical patients travel off-island when needed, or help students travel for educational programs. Moliga says Hawaiian Airlines ...
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Bangladeshi collapse volunteers haunted by bloody rescue trauma
SAVAR, Bangladesh -- Mamun was hailed a hero for pulling survivors from the ruins of Bangladesh's Rana Plaza factory complex but now he struggles to sleep, haunted by the memory of sawing off a young woman's ...
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French-Asian consortium announces winning of Canada natural gas project
PARIS--A consortium comprising French, South Korean and Chinese companies has won a contract for a liquefied natural gas project in Canada, the French partner Technip said on ...
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Pakistans Imran Khan leaves hospital for homePakistani politician Imran Khan left hospital Wednesday two weeks after breaking bones in his back in a fall at an election rally a hospital spokesman said.
Imran Khan left hospital on Wednesday, two weeks after breaking bones in his back in a fall at an election rally, a hospital spokesman said. The 60-year-old was ordered to remain immobile in bed after he fractured vertebrae and a rib in a dramatic tumble just days before the May 11 general election, where his Pakistan Tehreek-e-Insaaf (PTI) party made a major breakthrough. Khwaja Nazir, a ...
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Soldier beheaded in suspected terror attack in London
LONDON: In a shocking incident, a soldier aged around 20 years and wearing a T-shirt that read "Help for Heroes" was beheaded in the middle of a road in ...
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Thai Same-Sex Marriage Bill Not Without Controversy
BANGKOK, THAILAND -- As the debate on same-sex marriage continues in Western nations, including the United States, Thailand could become the first country in Asia to legalize gay marriage. Thailand is known for its liberal acceptance of sexuality, but the draft same-sex marriage law is not without controversy. This is a traditional Thai wedding, except there is no groom. There are two ...
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Asian Water Summit Focuses on Security Disaster
CHIANG MAI, THAILAND -- Resource experts say many Asian countries face a potential water crisis unless they address mismanagement that could lead to severe shortages of clean water. Other states struggle to contain massive floods. The site of a just-concluded regional summit on the managing water supplies and disasters. There was no sign of a water shortage here in northern Thailand as ...
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Guangzhou sink Mariners to reach Asias last eight
SINGAPORE (AFP) - Chinese giants Guangzhou Evergrande marched into the AFC Champions League quarter-finals and underlined their strong title credentials with a convincing 3-0 win over Central Coast Mariners on Wednesday.Goals from Muriqui, Dario Conca and Gao Lin took Marcello Lippi's team through with room to spare, as Japan's Kashiwa Reysol also swept into the last eight with a 5-2 ...
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MSC to Raise Asia-Europe Rates
will also increase rates for all dry and refrigerated cargo on its trade from Limassol, Cyprus, to any destination in the Far East, beginning June 1.The hike will be $100 per ...
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Iran expanding nuclear activities International Atomic Energy Agency
Iran is making significant progress in expanding its nuclear programme, including in opening up a potential second route to developing the bomb, a new ...
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Britain calls emergency meeting after man killed in London
1 of 2. Police officers guard a cordon set up around a crime scene where one man was killed was killed in Woolwich, southeast London May 22, ...
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Afghanistan Suicide bomber kills anti-Taliban village elder 3 others in busy market
KABUL - A suicide bomber on foot killed an anti-Taliban village elder and at least three other people in a busy marketplace Wednesday in central Afghanistan, the latest in a wave of assassinations and bombings. Habibullah Khan was killed along with two bodyguards and a civilian bystander in the afternoon attack in Ghazni province's Moqur district, police said. At least 14 civilians were ...
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World Briefing | Asia Gold Mine Discovered in Northwest China
BEIJING ...
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Asian elephant calf to meet the public today
St. Louis Zoo , makes her public debut today. She will be on view until noon today and again between 2 to 4 p.m. along with her mother Ellie and other members of her extended family. Keepers say the calf is doing well.After today, Priya will be on view, weather permitting, but not at scheduled times. The calf and mother will probably not be on view all ...
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Stocks surge as Bernanke retains dovish tone
LONDON - Federal Reserve Chairman Ben Bernanke's signal that monetary policy will remain loose gave stocks another lift Wednesday, paving the way for many indexes to advance to new record highs.Following a run of upbeat U.S. economic news, largely related to housing and jobs, there had been talk in the markets that the Fed may soon put a brake on its super-easy monetary policy, which has ...
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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