Latest Asia Pacific News
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Japans PM Abe defends policies as markets settle
TOKYO (AP) -- Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami ...
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Japan bonds stability ‘extremely desirable’Kuroda
TOKYO (MarketWatch) -- Bank of Japan Gov. Haruhiko Kuroda said Friday it is "extremely desirable" for the nation's debt market to be stable, adding that the central bank will run market operations flexibly and strengthen communication with the market to head off volatility in bond ...
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Fitch Affirms Chinas Franshion at BBB- Outlook Stable
Lack of Stringent U.S. CMBS Underwriting Could Affect REITs Changes in the availability, pricing, and underwriting stringency of U.S. CMBS financing could affect REITs directly and indirectly, according to Fitch Ratings. In addition, a boom-or-bust cycle for CMBS loan performance would negatively affect REITs that regularly access the CMBS ...
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US kidnap case hero gets burgers for lifeThe man who famously put down his Big Mac to help rescue three women held captive for a decade in an Ohio house will never have to pay for another burger in his hometown.
The (Cleveland) Plain Dealer reports that the restaurant where Ramsey worked as a dishwasher initially created a special burger in his honor, but eateries in the city decided a larger tribute was ...
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Willing to start talks North Korea saysHowever that prospect seems unlikely as North Korea has repeatedly said it will not abandon nuclear weapons while the United States insists North Korea must take meaningful steps on denuclearization before there ca
BEIJING: North Korea is willing to take China's advice and enter into talks, Chinese state television cited an envoy of North Korean leader Kim Jong-un as saying, following weeks of tension on the Korean peninsula after the North's latest nuclear test. However, that prospect seems unlikely as North Korea has repeatedly said it will not abandon nuclear weapons while the United States ...
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Taliban influence in Afghanistan to grow Russian intelligence agency
the situation in Afghanistan poses a "serious challenge to international stability" and that the withdrawal of the International Security Assistance Force (ISAF) in 2014 could increase the threat of terrorism and religious extremism. "A diversified terrorist network, including suicide bomber training camps has already been established in the country and the Taliban has close links ...
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Magnitude-7.4 quake hits south of the Fiji Islands
An earthquake measuring 7.4 on the Richter scale jolted south of the Fiji Islands at 1719 GMT on Thursday(0119 Beijing Time on Friday), the US Geological Survey said. The epicenter, with a depth of 207.70 km, was initially determined to be at 23.1300 degrees south latitude and 176.5830 degrees west ...
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Scenery of sunset after rainfall in NW Chinas Gansu
Photo taken on May 23, 2013 shows the scenery of sunset after rainfall in Yumen city, Northwest China's Gansu Province, May 23, 2013. (Xinhua/Wan ...
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Adult obesity rates in Australia reach high level report
The adult obesity rates in Australia continue their climb, rising from 24.4 percent of Australians to 28.1 percent over the fours years to 2012, a latest report from the Council of Australian Governments (COAG) Reform Council showed Friday. This report, COAG Reform Council's fourth report on the National Healthcare Agreement, shows that in 2011-12, 63 percent of Australians were either ...
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Hosts win China Intl Mens Volleyball Tournament
Henan Tianguan, all by 3-0 on Tuesday and Wednesday, after the domestic club replaced Australia who skipped the tournament due to schedule conflict. Against India, China lost the first set 25-21 but won the next three 26-24, 25-20 and 25-18. "Setters played too slow to organize efficient attacks and I will make some changes," said Xie Guochen, who coached the China national team for ...
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China demand for coal stokes world market
A coal factory in Anhui province. The United States will pursue opportunities to increase coal exports to China, says Platts' Coal Trader International. Provided to China ...
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Japan’s Abe reiterates commitment to reforms
TOKYO (MarketWatch) -- Responding to the recent sharp increases in long-term interest rates, Japanese Prime Minister Shinzo Abe reiterated his commitment to fiscal consolidation, as he tried to put aside any doubts about his resolve to undertake painful ...
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UPDATE 1-Australias Crown sells Echo stake focus on Sydney casino plan
Thu May 23, 2013 11:20pm EDT * Crown sells Echo stake for $255 mln * Crown, Echo in fight to capture Asian gamblers in Sydney * Crown planning VIP casino; Echo seeking exclusive licence (Recasts; adds company, analyst quotes) By Jane Wardell and Maggie Lu Yueyang SYDNEY, May 24 (Reuters) - Australian casino company Crown Ltd sold its 10 percent stake in rival Echo Entertainment Group, ...
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DPRK leader and his wife enjoy KPISF performance
The leader of the Democratic People's Republic of Korea (DPRK) Kim Jong Un enjoyed a performance given by the Song and Dance Ensemble of the Korean People's Internal Security Forces (KPISF) together with his wife Ri Sol Ju on May 13. ...
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DPRKs giant mosaic tribute to leader
Ten thousand people in the Democratic People's Republic of Korea (DPRK) form a giant mosaic tribute to their leader. The breath-taking display was captured by photographer Eric Lafforgue, 47. He travelled six times to the state to capture its unique culture. The mass congregation took place in May Day stadium, around the same size as Brazil's Maracana. The majority of the crowd were ...
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China threatens to end the military rule of the U.S. in Asia
In mid-April, the Chinese government said the increased U.S. military presence in the Asia-Pacific region causes a lot of tension, and they plan to send more military forces and strengthen their partnerships with neighboring countries. A recent study found that China increasingly threatens to end the military supremacy of the ...
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Tropica debuts in Fiji
Tropica Island Resort has made its debut in Fiji. The upgrade has seen the addition of a 25 metre horizon pool, 16 free-standing fully refurbished oceanfront bures (with outdoor river-rock showers, air-conditioning and hardwood balconies), Sunset beach bar, open air restaurant with bar, activities bure, day spa, welcoming reception and for the value conscious, a new 14-room hotel (all with air ...
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Barred from poll ex-president Rafsanjani calls Iranian leaders ignorant
Former president Akbar Hashemi Rafsanjani has accused Iran's leadership of incompetence and ignorance just days after he was barred from standing in an election next month, the opposition Kaleme website reported on Thursday.Rafsanjani's comments appeared to add to the political conflict between those loyal to the leadership and opposition groups who have been marginalized since ...
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Lis visit opens new chapter in China-Pakistan ties
/enpproperty--> ISLAMABAD - Chinese Premier Li Keqiang on Thursday wrapped up his first official visit to Pakistan since he took office in March, which analysts said has opened a new chapter in bilateral relations between the two all-weather ...
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Countries show interest in Chinas fighter jet
/enpproperty--> Numerous countries are interested in obtaining a fighter jet jointly developed by Pakistan and China, said a senior officer of the Pakistan air force. "We've been receiving inquiries and expressions of interest on the JF-17 Thunder from many countries in the Middle East, Africa and even as far as South America," Air Marshal Sohail Gul Khan, the chairman of the ...
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Pakistan seeks Chinas help to resolve energy crisis
Incoming Pakistan premier Nawaz Sharif has said strengthening ties with China will be his government's top foreign policy priority and sought Beijing's help for dealing with economic challenges and energy deficit. Sharif, whose party won the May 11 elections and is headed to forming the government at the centre, said this during a meeting with visiting Chinese Prime Minister Li ...
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Revived Japan can be a force for good says its prime minister
Japan's Prime Minister Shinzo Abe made an impassioned defence last night of his economic policies, arguing that a revived Japan can and will be a force for good in the world. It will be better poised to contribute to Asia's economic dynamism and to ensure the rule of law in the international arena, he contended. Speaking to a room of visiting foreign dignitaries - including Prime ...
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Japan China must put aside differences
Japan and China must put aside their differences over territorial claims and consider their relations from a broader perspective, experts said at an international conference in Tokyo to discuss the future of Asia. Political tensions between the two biggest economies in north- east Asia over the ownership of the Senkaku islands (Diaoyu to the Chinese) and other historical issues dominated much ...
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A savoury ride to Chinas southwest
A heap of succulent pork ribs smothered in a mixture of red and green fresh chilies, peanuts, and fermented bean sprouts and black beans. The whole party descends upon the dish, chopsticks swooping in on the mouth-watering meat that falls from the bone and elicits smiles of contentment as it is gobbled up. When the meat has gone, spoons rake up the topping to be eaten with the plain rice. The ...
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China objects to US UK roles in Myanmar peace talks
China's objection has led to the removal of the participation of the United States and the United Kingdom as observers in a peace talks between the Myanmar government and the Kachin Independence Organisation (KIO), San Aung of Peace Coordinating Group (PCG) said. In spite of the representatives of the US and UK being unable to participate in the peace talks, Vijay Nambiar, UN ...
South Korea Focus
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South Korea's tool for northern diplomacy
A 66 square kilometre industrial complex just over the border is an important part of reconciliatory efforts between South Korea and the North. It is important to the economy as well, but its diplomatic significance runs far deeper.
The Kaesong Industrial Complex is the only industrial special administrative region that still exists as a joint agreement between North and South Korea. Following the sinking of the ROKS Cheonan, relations between the two countries deteriorated significantly, with South Korea accusing the North of the attack and the North subsequently denying involvement. Read more
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