Father’s Day is just around the corner!
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By , on May 24th, 2013 <!– google_ad_section_start –> Having your name in lights inside a nightclub is perhaps not the best idea when your party is openly cracking down on the extravagent lifestyles of its members. <!– google_ad_section_end –>
Continue reading Nightclub’s superstar ‘welcome’ lands Henan official in trouble
By , on May 23rd, 2013 <!– google_ad_section_start –> Hong Kong health officials on Thursday warned against drinking a batch of slim milk imported from Australia after the amount of bacteria found in a sample vastly exceeded the legal limit. <!– google_ad_section_end –>
Continue reading Bacteria in batch of Australian milk 1,000 times limit
By , on May 23rd, 2013 <!– google_ad_section_start –> Amnesty International said on Thursday millions of people who have fled conflict or persecution, and migrants who have left home in search of work, have suffered abuses at the hands of state authorities or employers. <!– google_ad_section_end –>
Continue reading Refugees and migrants face rising dangers
By , on May 23rd, 2013 <!– google_ad_section_start –> China’s First Lady Peng Liyuan has made it onto Forbes’ list of the world’s most powerful women, a feat her predecessors have never achieved, but remains overshadowed by her entrepreneurial compatriots. Peng jumped from nil to No 54 in the rankings published on Wednesday after accompanying President Xi Jinping on his maiden trip as head of state through Africa in March. She was showered with praise as an unprecedentedly confident Chinese first lady. <!– google_ad_section_end –>
Continue reading Forbes lists China’s First Lady Peng Liyuan among world’s 100 most powerful women
By , on May 23rd, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets slid Thursday, pulled down by a contraction in China’s manufacturing that adds to signs that the shaky recovery in the world’s No. 2 economy is slowing. HSBC Corp. said its preliminary Purchasing Managers Index fell to a seven-month low of 49.6 in May from April’s 50.4. Numbers below 50 indicate that activity is contracting. Analysts had expected a slight decline to 50.3 for the most recent month
Continue reading Asia stocks slide as China factory output slips
By , on May 22nd, 2013 <!– google_ad_section_start –> TOKYO (AP) — A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan’s main trading partners, who are betting the impact on their own currencies will be offset by gains from a recovery in the world’s third-largest economy. It’s not such good news for entrepreneurs like Thamonwan Thawornthaweewong, whose Angry Bird fish balls, squid rings and other products now cost more to sell in Japan. <!– google_ad_section_end –>
Continue reading Weak yen a help for Japan, but headache elsewhere
By , on May 22nd, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official’s comments that the U.S. central bank should stick with its super-easy monetary policy. Regional Fed chief James Bullard said in a speech Tuesday that the Fed should continue its monthly $85 billion in bond purchases, which drives down interest rates and thus encourages lending and spending, to help spur the U.S. economic recovery. <!– google_ad_section_end –>
Continue reading Asia stocks rise as Fed official backs easy policy
By , on May 21st, 2013 <!– google_ad_section_start –> Hong Kong on Tuesday joyfully welcomed the return of a giant inflatable rubber duck, which drew tens of thousands of visitors before it was abruptly deflated for maintenance for almost a week. The city has taken the 16.5-metre-tall yellow inflatable duck, conceived by Dutch artist Florentijn Hofman, to its heart since it was towed into the harbour on May 2 to cheering crowds. <!– google_ad_section_end –>
Continue reading Hundreds pack waterfront to cheer Rubber Duck’s return
By , on May 21st, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were mixed Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that it might consider scaling back the program or winding it down earlier than expected. <!– google_ad_section_end –>
Continue reading World stocks mixed ahead of Fed statements
By , on May 21st, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets fell Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive bond purchases known as quantitative easing to help drive down interest rates and spur lending. But recently improving data on the U.S. economy has led to speculation that the Fed might consider scaling back the program or winding it down earlier than expected. <!– google_ad_section_end –>
Continue reading Asia stocks fall ahead of Fed statements
By , on May 20th, 2013 <!– google_ad_section_start –> Federal agents have arrested the top enforcement officer for the US Virgin Islands environment agency on drug trafficking charges after he was allegedly caught with a cache of cocaine on a government patrol boat. <!– google_ad_section_end –>
Continue reading Drug trafficking charges for US Virgin Islands environment officer
By , on May 20th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an increase in applications for unemployment benefits. <!– google_ad_section_end –>
Continue reading World stocks rise on signs of steady US recovery
By , on May 20th, 2013 <!– google_ad_section_start –> Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour. Wealthy Chinese used to stop over in Hong Kong for a few days to pick up a Louis Vuitton bag or a wristwatch for up to 40 per cent less than in Beijing or Shanghai. <!– google_ad_section_end –>
Continue reading Luxury is out; bargains are in for Chinese tourists
By , on May 20th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an increase in applications for unemployment benefits. <!– google_ad_section_end –>
Continue reading Asian stocks rise on signs of steady US recovery
By , on May 20th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world’s biggest economy is improving. Consumer confidence also rose, offsetting several lackluster reports on slowing manufacturing and an increase in applications for unemployment benefits. <!– google_ad_section_end –>
Continue reading Asia markets up after US delivers positive data
By , on May 19th, 2013 <!– google_ad_section_start –> Mannequins in riot gear, armoured cars and drones line a police equipment and “anti-terrorism technology” trade fair in Beijing. The ruling Communist Party spends vast sums on ensuring order – more even than on its military. <!– google_ad_section_end –>
Continue reading China earmarks billions for internal security, ‘stability maintenance’
By , on May 18th, 2013
Pakistani politician Zahra Shahid Hussain, a senior member of Imran Khan’s Movement for Justice party, has been shot dead in the city of Karachi.
Continue reading Pakistani politician is shot dead
By , on May 18th, 2013 <!– google_ad_section_start –> The MTR Corporation could be fined as much as HK$15 million over the derailment of a light-rail train in Yuen Long on Friday that landed 77 passengers in hospital, the transport chief said. The MTR apologised on Saturday for the accident – the most serious derailment in the light-rail network’s 25-year history. A recently revised fare-adjustment mechanism that penalises any suspension of services lasting more than eight hours made such a fine possible, Secretary for Transport and Housing Professor Anthony Cheung Bing-leung said at the site of the crash. <!– google_ad_section_end –>
Continue reading MTR Corporation may face heavy fine for train derailment
By , on May 17th, 2013 <!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board reported that its leading indicator index for the U.S. increased 0.6 percent in April, following a 0.2 decline in March, due to recovering housing and labor markets. “In general, the (index) points to a continuing economic expansion with some upside potential,” said Ataman Ozyildirim, an economist at the private research association.
Continue reading World stocks strong into the weekend
By , on May 17th, 2013 <!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets shrugged off suggestions the U.S. Federal Reserve may begin to reverse some of its asset purchase programs by the end of the summer, and were mostly higher ahead of key data releases Friday. The Conference Board is due to report on U.S. leading indicators after North American markets open, along with the University of Michigan’s consumer sentiment index. Analysts are expecting both to show an improvement from March. <!– google_ad_section_end –>
Continue reading World stocks mostly higher
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Nightclub’s superstar ‘welcome’ lands Henan official in trouble
<!– google_ad_section_start –> Having your name in lights inside a nightclub is perhaps not the best idea when your party is openly cracking down on the extravagent lifestyles of its members. <!– google_ad_section_end –>
Continue reading Nightclub’s superstar ‘welcome’ lands Henan official in trouble
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