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No bank deposits will be spared from confiscation
] Bank depositors in the UK and USA may think that their bank deposits would not be confiscated as they are insured and no government would dare embark on such a drastic action to bail out insolvent banks. [But] I challenge anyone to prove me wrong that confiscation of bank deposits is legalized daylight robbery Before I explain why confiscation of bank deposits in the UK and US is a certainty ...
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Asia Roundup Mixed despite strong Wall Street lead
Asian shares were mixed yesterday, Wednesday May 22 2013 despite a strong lead from Wall Street as markets awaited testimony from the US Federal Reserve chief, but Tokyo stocks finished at their highest level in five years. Seoul climbed 0.64 per cent, or 12.74 points, to finish at 1,993.83, while Sydney ended down 0.28 percent, or 14.7 points, at 5,165.4. Shanghai closed down 0.12 per cent, ...
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Japan is integral to the future of Asia PM Lee Hsien Loong
Singapore Prime Minister Lee Hsien Loong said Japan is integral to the future of Asia and called on Japan to deepen its strategic engagement with Southeast Asia and the wider ...
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French workers’ struggle triggers ‘Kill Mittal’ game
Lakshmi Mittal to keep a factory open. Players throw barrels and beams at police in the "Kill Mittal" game inspired by the long-lasting -- and ultimately unsuccessful -- struggle in France's northeastern town of Florange to stop the closure of steel blast furnaces owned by Mittal. "This game is not an incitement to violence or to beat up the big bosses. I purposefully chose ...
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The Asian Century Is Built On Broadband
Ben Pobjie Say what you like about Canberra, the city has got guts. And even after a century, the city still comes alive during a good bout of leadership speculation. Ben Pobjie hoists a glass of average chardy to our nation's ...
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Asia Markets Tokyo stocks soar as Sydney Seoul retreat
HONG KONG (MarketWatch) -- Australian and South Korean stocks dropped Thursday on worries the Federal Reserve could downscale its bond purchases, while Japanese shares marched to fresh multiyear highs as several exporters got a lift from the weakened ...
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Top Concerns in Asias Unfinished Development Agenda for the Post-MDG Era
More MANILA, PHILIPPINES - Asia and the Pacific face a daunting unfinished development agenda when the Millennium Development Goals (MDG) expire in 2015. The focus in this fast growing region should be on the glaring gaps in its MDG achievements: eradicating extreme poverty and making better progress on human development, especially reducing infant deaths and improving maternal health. ...
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Asian expat workers end rare UAE strike—company
DUBAI--Thousands of mainly Asian expatriate workers in the United Arab Emirates have ended a strike they began at the weekend in a rare stoppage aimed at improving their conditions, their employer said Wednesday. ';Arabtec confirms that all workers returned to work with no impact on any of its projects,'; the Dubai-based company, which is constructing the Louvre Abu Dhabi, said in a ...
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Asean Defence Officials Share Knowledge At Dialogue
View Comments Bandar Seri Begawan - The Asean Regional Forum Defence Officials' Dialogue (ARF DOD) played out at The Empire Hotel & Country Club yesterday. Themed The Impact of Social Media on Defence and Security, the forum was chaired by Acting Director of Defence Policy at the Ministry of Defence Haji Adi Ihram bin Dato Paduka Haji Mahmud and attended by senior ARF members. The ...
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Immigration bill clears first hurdle in US Senate
immigration bill , which offers a path to citizenship for more than 11 million - including over 260,000 Indians - undocumented immigrants and ...
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Guptagate India defends plane landing at SA air base
PRETORIA/NEW DELHI: After a top Indian diplomat was accused of "manipulation" by South Africa to obtain permission for landing of an aircraft chartered by a well-connected Indian family at a military air base, India has said there was proper "authorization" and that some wedding guests on board the plane had invitation for bilateral engagements. "The senior Indian ...
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Briton 10 died minutes after injection in India
Gurkiren was killed by health workers in Punjab to illegally harvest her organs, stories of other such unexplained deaths of Britons in Punjab are coming out. The most-shocking case to emerge is that of 10-year-old Damien Herian from Wolverhampton, who complained of a stomach-ache while at a theme park in Jalandhar. The boy was given an injection. Minutes later he was dead, Birmingham labour ...
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More courses in English at French universities Storm brews
English at universities, amid a storm of controversy in a nation fiercely protective of its identity. The measure, which would also introduce lessons in other languages as part of a wider bill ...
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Asia Called Mixed on Fed Minutes
Minutes from the last Fed policy meeting released on Wednesday noted that "a number of participants expressed willingness" to reduce quantitative easing as early as the June meeting if economic data shows evidence of strong and sustained growth. ...
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China Submission by Human Rights Watch to the Legislative Affairs Office of the State Council
Submission by Human Rights Watch to the Legislative Affairs Office of the State Council on the proposed amendments to the Regulations of Education of Persons with Disabilities in ...
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Asia-Pacific film festival cultural base to be built in Sanya
Hongkong’s ITC Properties Group Limited will invest RMB 6 billion in the construction of an Asia-Pacific film festival cultural base in Sanya, Hainan. After the base is completed, an Asia-Pacific film festival and TV festival will be held in Sanya every year, and the base will be the permanent and high-end site of film conventions and exhibitions in the Asia-Pacific area. The ITC ...
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HK hails the return of the duck
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 southern Chinese city has taken the 16.5-metre-tall (54-feet) yellow inflatable duck, conceived by Dutch artist Florentijn Hofman, to its heart since it was towed into the harbour on May 2 to ...
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China Galaxy soars 11 pct in debut after $1.1 billion HK IPO
China Galaxy Securities Co Ltd rose as much as 11.3 percent in its trading debut on Wednesday after raising $1.1 billion in a Hong Kong IPO, underscoring a surge in retail investors’ demand for new listings in the city. The debut of China’s seventh-biggest brokerage, and that of Sinopec Engineering (Group) Co Ltd on Thursday, will be bellwethers for a slew of Hong Kong offerings in ...
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Why Taiwan Won’t Let The Philippines Off Easy
Veteran Taiwanese political scientist George Tsai cringes at the anti-Philippine hysteria that swept his homeland like a typhoon after May 9. That day Taiwan began its campaign for an apology from Manila over the shooting of a local fisherman. What got into us, asked George Tsai, Taiwan Foundation for Democracy vice president and professor at Chinese Cultural University in Taipei. ...
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Taiwan fares well in US’ religious freedom report
Religious freedom is ';generally respected'; in Taiwan with no major problems last year, according to an annual US Department of State report issued on Monday. Taiwan’s record was in stark contrast to that of China where – according to the report – Beijing routinely enforces laws that restrict religious freedom. Findings for last year of the International ...
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Taiwan Dollar Forwards Gain a Third Day Before Bernanke Speech
Taiwan dollar forwards rose for a third day on speculation Federal Reserve Chair Ben S. Bernanke will signal today the need to sustain stimulus policies that have spurred fund flows into emerging markets. Bernanke is due to address Congress today and the Federal Open Market Committee is scheduled to release minutes of its last meeting. Fed Bank of St. Louis President James Bullard said ...
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Kenneth Bae American Jailed In N Korea Spoke Of ‘Collapsing’ Country’s ‘Walls’ In 2009 Sermon
A 44-year-old American citizen, jailed last year in North Korea accused of seeking to topple the government, said in 2009 that he wished to ';collapse'; the ';walls'; separating North Korea from the rest of the world and that he had asked US churches to send members to worship in the hermetic communist nation. According to a recently unearthed video, Kenneth Bae, who was ...
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Fishermen free but China angry at N Korea
The North Koreans have released 16 Chinese fishermen who were captured and held for ransom for a fortnight, but the ordeal has angered its sole ally and trading partner. The owner of the fishing vessel, Yu Xuejun, confirmed the men had been set free yesterday after their boat was seized in waters between China and the rogue ...
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N Korea’s hidden labour camps exposed
Even with new leader Kim Jong-un at the helm, North Korea remains the most reclusive and closed country in the world: It is a police state inside a totalitarian system ruled by a family dynasty that encourages a cultish ideology and following. The regime controls everything. There is no free speech, free trade, fair court, no Fox News or MSNBC equivalent. Outsiders are not allowed to freely ...
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Korea’s Iran crude imports for April down 44.4 pct yy
South Korea’s imports of Iranian crude in April fell nearly 45 percent from a year ago to 4.18 million barrels, official data showed on Wednesday, below expectations just ahead of talks with Washington to extend a waiver for US sanctions on Tehran. The world’s No.5 crude buyer and one of Iran’s top four customers bought 139,400 barrels per day (bpd) from Iran in April, up 7.5 ...
Central Asia Discussion
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Central Asia's French Revolution
The crisis that recently gripped Kyrgyzstan and saw President Bakiyev forced from power represents, for Central Asian countries, something similar to what the French Revolution represented to the aristocracy of Europe – that the masses are gathering and uniting.
Kyrgyzstan’s political tensions had been rising long before the riots that were broadcast all over the world and across Central Asia news stations, showing images of an angry mod swarming the street, and the dramatic moment at which a van was sent crashing through the ornate main gates of the Presidential Palace. Read more
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