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By , on May 20th, 2013 <!– google_ad_section_start –> Legislators on Monday cast doubts on the securities regulator’s decision to allow the Hong Kong Mercantile Exchange to surrender its licence, instead of immediately suspending it, after it emerged that the firm had insufficient capital. The HKMEx, a commodity trader, chaired by Executive Councillor Barry Cheung Chun-yuen, last week handed back its trading licence and suspended operations after it became clear it could no longer meet the requirement that it have sufficient cash to cover nine months of operations. <!– google_ad_section_end –>
Continue reading Lawmakers question SFC handling of HKMEx closure
By , on May 19th, 2013 <!– google_ad_section_start –> T-shirts bearing images of President Barack Obama and Aung San Suu Kyi, the Burmese pro-democracy leader, hang side by side in the shops just off busy Kabar Aye Pagoda Road in Yangon. It is a reminder of the history made in November when Obama became the first sitting United States president to set foot in Myanmar, the country formerly known as Burma. A return trip to this former pariah state does not seem to be on Obama’s immediate itinerary. But US firms are on their way. <!– google_ad_section_end –>
Continue reading Human rights issues niggle as US firms eye Myanmar
By , on May 19th, 2013 <!– google_ad_section_start –> Pakistani politician Imran Khan has blamed a rival political leader for the killing of a senior member of his party, who was gunned down outside her home in the violence-plagued city of Karachi. The killing of Zohra Hussain, 59, vice-president of the women’s wing of Khan’s Pakistan Tehreek-e-Insaf (PTI) in Sindh province, came on the eve of a partial re-run in the southern city of the May 11 election. <!– google_ad_section_end –>
Continue reading Imran Khan blames exiled Altaf Hussain for killing Zohra Hussain
By , on May 19th, 2013 <!– google_ad_section_start –> The march – to protest Beijing’s refusal to vindicate the June 4, 1989, Tiananmen movement – will be joined with another one arranged by the Hong Kong Alliance in Support of Patriotic Democratic Movements of China, which ends at the government headquarters in Admiralty. <!– google_ad_section_end –>
Continue reading Scholarism to bypass police nod in protest over June 4 crackdown
By , on May 19th, 2013 <!– google_ad_section_start –> Elsie Leung Oi-sie, deputy director of the Basic Law Committee that advises the Standing Committee of the National People’s Congress on the Basic Law’s implementation, told the South China Morning Post it would not be suitable for her to take up such a role because she did not hold any portfolio on constitutional reform, official or otherwise. <!– google_ad_section_end –>
Continue reading Rule me out of forging consensus on political reform: Elsie Leung
By , on May 19th, 2013 <!– google_ad_section_start –> North Korea on Sunday test-fired a short-range missile off its east coast, its fourth in two days, despite pleas from South Korea and the UN chief to halt the launches at a time of high tensions. The guided missile was fired into the East Sea (Sea of Japan) on Sunday afternoon, a defence ministry spokesman said without elaborating. On Saturday the North fired three short-range missiles off its east coast, apparently as part of a military drill. <!– google_ad_section_end –>
Continue reading North Korea test-fires fourth short-range missile in two days
By , on May 18th, 2013 <!– google_ad_section_start –> Prime Minister Shinzo Abe defended in an interview on Friday the right of Japan’s leaders to visit a controversial shrine to war dead but hit back at critics who accuse him of revisionism. Amid the latest flare-up with China and South Korea over history, Abe quoted a US scholar as comparing the Yasukuni shrine to Arlington National Cemetery near Washington, which has a section for Confederate Civil War dead. <!– google_ad_section_end –>
Continue reading Japan PM says shrine visits ‘natural’
By , on May 17th, 2013 <!– google_ad_section_start –> Jorge Rafael Videla, an austere former army commander who led Argentina during the bloodiest period of a “dirty war” dictatorship and was unrepentant about kidnappings and murders ordered by the state, died on Friday at age 87. <!– google_ad_section_end –>
Continue reading Former Argentine dictator Videla dies in prison at 87
By , on May 17th, 2013 <!– google_ad_section_start –> President Thein Sein’s historic invitation to the White House is an endorsement of “Myanmar’s Spring” and a further sign that the former pariah’s reforms are irreversible, a senior Myanmar official said. Washington will welcome the former general on Monday in a hugely symbolic reward for sweeping changes since he took power two years ago. He will be the first leader of the former military-ruled nation to visit since 1966. <!– google_ad_section_end –>
Continue reading US visit endorses ‘Myanmar’s Spring’, says Thein Sein aide
By , on May 16th, 2013 <!– google_ad_section_start –> The Chinese equivalent of “filibuster” is Libo, meaning “stretching the cloth”. This translation gives an image of fluff and flannel, not exactly the stuff of gravitas. Yet, nothing could be more serious than filibustering, which acts like a safety valve, allowing minority voices to be heard. Filibustering, like a political pulse, is often an outward sign of an inner malaise. <!– google_ad_section_end –>
Continue reading Filibuster brings opportunity to think outside box
By , on May 15th, 2013 <!– google_ad_section_start –> British Columbia’s centre-right premier Christy Clark has scored a stunning election victory, contradicting every poll to trounce the opposition New Democratic Party and silence critics of her Liberal Party’s pro-business agenda. <!– google_ad_section_end –>
Continue reading Liberals score shock win in British Columbia polls
By , on May 15th, 2013 <!– google_ad_section_start –> Taiwan’s President Ma Ying-jeou on Wednesday froze the hiring of Philippine workers to express “strong dissatisfaction” over Manila’s handling of the killing of a Taiwanese fisherman, his spokeswoman said. <!– google_ad_section_end –>
Continue reading Taiwan freezes hiring of Philippine workers over death
By By NORIMITSU ONISHI, on May 14th, 2013 The spending plan released by Gov. Jerry Brown disappointed Democratic lawmakers who had hoped that rising revenues would finance social programs.
Continue reading California Budget Holds Down Spending
By , on May 14th, 2013 <!– google_ad_section_start –> It happened when the president had to interrupt his news conference with British Prime Minister David Cameron on Monday to answer questions about the widening investigation into the Benghazi attacks in Libya and the Internal Revenue Service’s targeting of Tea Party and other conservative groups. <!– google_ad_section_end –>
Continue reading Scandals threaten Obama’s second-term policy agenda
By , on May 13th, 2013 <!– google_ad_section_start –> The scandal shaking up South Korea’s main spy agency is not cloak-and-dagger stuff, but the kind of low-grade trickery anyone on the internet could pull off. And the target was not Seoul’s opaque rival to the north, but the country’s own people. <!– google_ad_section_end –>
Continue reading South Korea spy scandal no more than deceit and cheap tricks
By , on May 13th, 2013 <!– google_ad_section_start –> Legco president Jasper Tsang Yok-sing ruled yesterday that weeks of filibustering by radical lawmakers to block passage of the budget bill had to end by 1pm today. His decision to axe the debate, however, has sparked controversy over the use of his power. <!– google_ad_section_end –>
Continue reading Opinion divided as Legco chief cuts off filibuster debate on budget bill
By , on May 13th, 2013 <!– google_ad_section_start –> North Korea has replaced its hard-line defence chief with a little-known army general a state media report said yesterday. Analysts called Jang Jong-nam’s appointment an attempt to install a younger figure to help solidify Kim Jong-un’s grip on the military. Kim succeeded his late father, Kim Jong-il, in 2011. <!– google_ad_section_end –>
Continue reading North Korea’s Kim Jong-un appoints younger defence chief
By , on May 13th, 2013 <!– google_ad_section_start –> The president of the Legislative Council on Monday ordered to end a filibuster on the budget bill by Tuesday. Jasper Tsang Yok-sing ordered that the remaining 131 debates would be merged and ended by Tuesday at 1pm. This would be immediately followed by a vote on each of the amendments. Four radical legislators earlier filed 710 amendments to the budget bill in an attempt to force the government to include a universal pension scheme and a HK$10,000 cash handout in the bill. Legco has spent 55 hours in recent weeks to complete 17 of 148 debates on the amendments. <!– google_ad_section_end –>
Continue reading Legco president Jasper Tsang orders end to budget bill filibuster
By , on May 12th, 2013 <!– google_ad_section_start –> The policy chief of Japan’s ruling party vowed on Sunday to keep paying homage at a controversial war shrine despite anger and diplomatic protests by China and South Korea. Nearly 170 Japanese lawmakers made a pilgrimage last month to the Yasukuni Shrine, a flashpoint in a bitter dispute between Japan and Asian neighbours which were victims of its 20th century militarism. <!– google_ad_section_end –>
Continue reading Japan ruling party executive to keep visiting war shrine
By , on May 12th, 2013 <!– google_ad_section_start –> BEIJING (AP) — The poisoning of a college student 18 years ago recently re-emerged as a hot topic in China, but censors soon squelched the politically sensitive online discussions over whether the culprit may have eluded punishment because of Communist Party connections. Chinese looking for justice found another way to keep the issue alive. They took it to Washington. <!– google_ad_section_end –>
Continue reading Chinese air their cases by petitioning White House
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Lawmakers question SFC handling of HKMEx closure
<!– google_ad_section_start –> Legislators on Monday cast doubts on the securities regulator’s decision to allow the Hong Kong Mercantile Exchange to surrender its licence, instead of immediately suspending it, after it emerged that the firm had insufficient capital. The HKMEx, a commodity trader, chaired by Executive Councillor Barry Cheung Chun-yuen, last week handed back its trading licence and suspended operations after it became clear it could no longer meet the requirement that it have sufficient cash to cover nine months of operations. <!– google_ad_section_end –>
Continue reading Lawmakers question SFC handling of HKMEx closure
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