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Asian Markets Trade Sharply Lower
markets are mostly trading sharply lower on Thursday, tracking cues from Wall Street where stocks tumbled overnight after the U.S. Federal Reserve hinted at winding up its stimulus program by mid-2014.The Australian stock market is trading sharply lower with investors pressing heavy sales almost across the board.Financial, mining, energy, industrial, consumer discretionary and property trusts ...
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China jails 11 for extremist crimes in Muslim west
BEIJING -- China says it has sentenced 11 people for inciting religious extremism and related crimes in the northwestern Muslim region of Xinjiang.The sentences handed down Wednesday come shortly before the July 5 anniversary of the bloodiest recent ethnic rioting in the region four years ago.The Justice Ministry's official newspaper Legal Daily said Thursday that Aihetaimu Heli was given ...
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Top Asian companies more optimistic but sentiment in Thailand sags
Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of this year, according to the latest Thomson Reuters/Insead Asia Business Sentiment Survey. Thailand's sentiment index dropped to an all-time low of 42 from 60 in the survey. The Asia Business Sentiment Index climbed 6 points ...
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India Second Asian Nation To Get Google Store
Android bites a MacBook. Tastes like chicken. Not to be outdone by smartphone rival Apple, Google has taken to create their own stores and will have a foot in one of the biggest mobile markets in the world -- India -when it partners with Singapore-based Spice Global to open Android Nation in New Delhi's Select Citywalk Mall later this ...
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REPEAT-GLOBAL MARKETS-Asian stocks tumble on weak China PMI Fed policy plan
Wed Jun 19, 2013 11:03pm EDT * MSCI Asia ex-Japan slides 2.8 pct to 9-month low * U.S. Treasury yields hit 15-mth high, underpin dollar * China "flash" PMI hit 9-month lows * Asian credit market spreads widen 23 points By Chikako Mogi TOKYO, June 20 (Reuters) - Asian shares tumbled to nine-month lows on Thursday as slowing Chinese manufacturing activity exacerbated sentiment already ...
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One killed 5 injured in helicopter crash in Nepal
police official said the helicopter belonging to local Fishtail Air crashed on Wednesday evening near Muchu village. That's about 400 kilometers (250 miles) north west of the capital, Katmandu. The injured were flown by a rescue helicopter to the nearest town for treatment. It was not clear why the helicopter crashed, but it had been raining in the area for the past few days and visibility ...
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Syria opposition vows to fight on to topple president Bashar al-Assad
United Nations to investigate the alleged use of chemical weapons by Assad's forces in rebel-held areas, and said it "reserves the right to use all means at its disposal" to topple Assad. "The Assad regime has continuously killed civilians using ballistic missiles, chemical weapons and warplanes. It is the only source of terrorism ...
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Asia Roundup Mostly down ahead of US Fed decision
Asian markets were mostly lower yesterday, Wednesday June 19 2013 with focus on the US Federal Reserve’s policy meeting later in the trading day, but Tokyo enjoyed another rally as data showed a surge in exports thanks to a weaker yen. Wall Street again provided a healthy cue, with investors betting the Fed will stop short of reeling in its ';quantitative easing'; bond-buying ...
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Lamphier Canada needs economic pipeline to Asia
Protesters against Enbridge's proposed Northern Gateway pipeline gather outside the joint review final argument hearings in Terrace on Monday. The joint review panel on the project sits through June ...
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Rockets Lazada gets $100 million in bid to be Southeast Asias Amazon
(Reuters) - Lazada, the Southeast Asian online retail company founded by Germany's Rocket Internet Gmbh, has secured another $100 million from investors in its bid to lift the region from its status as an e-commerce ...
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Pilgrims stranded by floods in India deaths could rise
June 19, 2013: People gather to look at submerged buses and trucks in the rising Yamuna River as they stand on a flyover in New Delhi, India. Indias prime minister said Wednesday that the death toll from flooding this week in the northern state of Uttrakhand had surpassed 100 and could rise ...
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Protesters out again in Brazilian citiesScattered street demonstrations popped up around Brazil Wednesday as protesters continued their collective cry against the low-quality public services they receive in exchange for high taxes and rising prices.
SAO PAULO: Scattered street demonstrations popped up around Brazil Wednesday as protesters continued their collective cry against the low-quality public services they receive in exchange for high taxes and rising prices. In one of several protests, about 200 people blocked ...
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Obama wants to cut nuclear armsPresident Barack Obama wants to reduce deployed nuclear weapons by up to a third and revive negotiations with Russia to move beyond Cold War nuclear postures he said in a speech on Wednesday in Berlin.
nuclear weapons by up to a third and revive negotiations with Russia to "move beyond Cold War nuclear postures", he said in a speech on Wednesday in Berlin. "After a comprehensive review I have determined that we can ensure the security of America and our allies, and maintain a strong and credible strategic deterrent, while reducing our deployed strategic nuclear weapons by up to ...
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UK deputy speaker held again over new gay rape charges
Nigel Evans , already under arrest for alleged rape and sex assault, has been held on suspicion of three more counts of indecent assault on young men. The 55-year-old MP answered bail on Wednesday at Preston police station in the north-west of England following his arrest in May on suspicion of rape and sexual assault and was told that he faced the additional allegations. All the claims involve ...
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Chinese military under pressure after Xis cleansing drive
People's Liberation Army and armed police has come under pressure in China to curb extravagant lifestyles and corrupt practices of some officers following a diktat issued by the country's ...
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11-yr-old fathers child with 36-yr-old woman
MELBOURNE: An 11-year-old boy in New Zealand has become a father after conceiving a child with the 36-year-old mother of a school friend. The woman coerced the boy, from Auckland, into repeated sexual encounters over a period of time before becoming pregnant, the New Zealand Herald daily reported. The woman gave the boy beer to drink and then later took part in a sexual encounter with him, the ...
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U.S. senators seek cost cuts for F-35 fighter jet
WASHINGTON -- Senators sought cost-cutting opportunities Wednesday in the Pentagon's $400 billion program for the next-generation F-35, a fighter jet with a troubled testing record that military leaders said America couldn't afford not to build. Chairing the hearing, Sen. Dick Durbin lamented that the F-35 -- which is being tested at Nellis Air Force Base in Las Vegas -- already has ...
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Brazil middle-class anger turns to Fifa cups
Fifa boss Joseph Blatter is the most hated person in Brazil today. With his caustic comments on the ongoing protests in several cities across the country, Blatter has provoked young demonstrators and might have added to the problems of Brazilian governors and federal government. On Tuesday, as thousands of people were rallying here against the bus fare hikes and public spending on 2014 World Cup ...
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Dolce and Gabbana get jail for $268m tax dodge
ROME: An Italian court on Wednesday sentenced fashion house duo Dolce & Gabbana to one year and eight months in prison for tax evasion of 200 million ($268 million). They were also ordered by the court in Milan to pay a fine of 500,000 to Italy's national tax agency. Lawyers for Dolce and Gabbana, whose celebrity clients include Beyonce and Madonna, immediately said they will appeal, ...
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Ghost tale becomes best seller in atheist China
BEIJING: A novel with a ghost as the narrator has become a best seller in China, attracting orders of nearly a million within days of its release. The popularity of the novel, 'The Seventh Day', is surprising because China's Communists have battled superstitious beliefs in ghosts and afterlife for over five decades. It is becoming popular become the novel taps into public anger ...
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Brazil rolls back subway bus fare hike
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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World Briefing | Asia Muslim Women Sentenced to Hard Labor in Myanmar
A court in Myanmar has found two Muslim women guilty of setting off a recent outbreak of sectarian violence, one of them by bumping into a Buddhist novice monk. Myint Thein of the pro-government National Unity Party, who attended their trial, said Wednesday that the two women in the central township of Okkan were convicted of ...
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Asian mkts fall on Bernanke comments China data eyed
US stocks tumbled more than 1 per cent on Wednesday and benchmark 10-year US Treasury yield surged 17 basis points to 2.355 per cent, its highest in 15 months, while the dollar advanced broadly on the back of rising yields. Bernanke said on Wednesday the US economy is expanding strongly enough for the Fed to begin slowing the pace of its $85 billion monthly purchases of Treasuries and ...
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More From Mad Mad World
"Happy Birthday to You," the ditty sung around the world in tribute to everyone from toddlers to centenarians, belongs to the public, according to a lawsuit filed ...
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Rail Gains Popularity for Asia-Europe Trade
Slow-steaming by shipping lines, the shift of production centers in China inland and the easing of customs barriers in Eastern Europe are rapidly opening up overland transport routes between Asia and Europe.Trans-Russia routes from China into Eastern Europe and the ancient Silk Road via Kazakhstan are all seeing rising volumes. Forwarders claim ...
Azerbaijan Feature
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Domestic violence continues to haunt the women of Azerbaijan
Domestic violence effects up to 80% of women in Azerbaijan, though official figures on the problem do not exist. In recent years the government has attempted to address the issue, but the bulk of responsibility remains with the public.
Azerbaijan has much to be proud of, it was the first country in the Muslim world to establish a democratic and secular government, it has contributed significantly to peace-keeping operations in Iraq, it has a rich history and much diversity in both its people and its landscape, and yet there remains a shameful reality in Azerbaijan, that casts a shadow on much of the country’s success: the prevalence of domestic abuse, and especially the abuse of women. Read more
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