Latest Asia Pacific News
RSS-
China Has Growth But Were Tapping The Brakes On Ford At $15
Ford Motors have rallied more than 20% in the past three months on the back of solid North American operations, some improvement in Europe and surging sales in China. Ford's Chinese sales have surged 49% through April, and the world's largest auto market now accounts for about a sixth of the automaker's global sales. Sales have been helped by the Focus and the Kuga, both of which ...
-
Taiwan lowers forecast for 13 GDP growth to 2.4
TAIPEI, Taiwan -- The Directorate General of Budget, Accounting & Statistics (DGBAS) yesterday lowered its 2013 growth forecast for Taiwan by 1.19 percent to 2.4 percent, after the performance in the first quarter fell far below ...
-
Bosch Taiwan works toward improved sales results in 2013
"After experiencing significant growth in the past years, our sales were subdued under the circumstances of high economic uncertainty in both the local and global economy in 2012. We aim to improve our sales performance in the current year despite the continuous influence of the considerable economic risks," said Bernd Barkey, managing director of Bosch Taiwan. "Despite the ...
More Asia Pacific News
RSS-
Yen trade volatile in Asia along with Japan market
TOKYO--Yen trading was volatile in Asia on Friday in tandem with wild swings on the Tokyo stock market, but some analysts said the Japanese currency's weakening trend was likely to ...
-
China manufacturing sees 1st fall in 7 months HSBC
BEIJING -- Manufacturing activity in China contracted in May for the first time in seven months, HSBC said Thursday, in another sign of the weakness of recovery in the world's second-largest ...
-
Taiwan forms cloud computing initiative to join Facebook project
TAIPEI, Taiwan -- In an effort to participate in Facebook's Open Computing Project (OCP), Taiwan's academia and enterprises yesterday joined forces, announcing plans to establish a certification center and standards to govern hardware specifications ...
-
TAIEX dives on US Fed concerns China data
Selling, in particular, accelerated after HSBC Holdings and Markit Economics reported a worse-than-expected Chinese Purchasing Manager's Index (PMI) for May, which made concerns over the regional economy run deeper, the dealers said. Large-cap stocks such as Taiwan Semiconductor Manufacturing Co. (TSMC), the most weighted stock in the local bourse, faced heavy profit-taking pressure after ...
-
Pakistan releases 45 Indian fishermen from Karachi prison
prison in Karachi on Friday.After the release, the prisoners boarded a bus that drove them to Lahore where they will be handed over to the Indian authorities at the Wagah-Attari land border checkpost.The fishermen were released on the orders of caretaker Prime Minister Mir Hazar Khan Khoso."As many as 45 fishermen, who have completed their jail term, are now being repatriated to India. ...
-
Motion Filtering Ability Correlated to High IQ
Researchers at the University of Rochester in New York state say they can predict a person’s intelligence quotient, or IQ, using some simple visual tests. Test subjects were asked to watch brief video clips of black and white bars moving across a computer screen within three different sized circles. They were asked to identify in which direction the bars drifted. The exercise ...
-
Planemaker Embraer Sees American Closing Out US Regional Jet Cycle
SAO PAULO -- Embraer SA, the world's third-largest commercial jet maker, expects just one more big regional jet order as a result of its current U.S. sales campaign, Chief Executive Officer Frederico Curado said in an interview, after the Brazilian planemaker clinched three of four major deals since December. "After the American Airlines competition, the game is over for a ...
-
Obama Plan to Close Guantanamo Prison Faces Significant Obstacles
Activists wearing orange jumpsuits mark the 100th day of prisoners' hunger strike at Guantanamo Bay during a protest in front of the White House in Washington May 17, ...
-
Immigrant Drama Shoots for Top Cannes Prize
CANNES -- America's immigration debate finds echoes in a period drama that premiered at the Cannes film festival on Friday about a Polish woman who arrives at Ellis Island and fights to survive in 1920s New York. "The Immigrant" features French Oscar winner Marion Cotillard as the immigrant Ewa, speaking English and Polish in the film, with Joaquin Phoenix and Jeremy Renner as ...
-
Key step cleared to Swiss-China free trade deal
BERNE, Switzerland (AFP) - Switzerland and China cleared the final hurdle Friday towards a landmark free-trade agreement, as Beijing seeks to underscore its growing global ties via deals with European partners.As China's Premier Li Keqiang and Swiss President Ueli Maurer looked on, the two nations' economy ministers inked a memorandum of understanding which paves the way for the formal ...
-
China Gains Ground among Customers of Venezuelan Oil
Caracas, May 24 (Prensa Latina) China has consolidated its position among international purchasers of Venezuelan oil, with an average volume that currently amounts to 626,000 barrels per day, industry sources said. Notably, reports from the state oil company Petroleos de Venezuela (PDVSA) show 350,000 barrels per day in 2012. However, the Minister of Petroleum and Mining and President of PDVSA, ...
-
Americold Names Hogwarth as SVP of Asia-Pacific
has appointed Jeff Hogarth as senior vice president of Asia-Pacific.He will report to Jeffrey M. Gault, president and CEO of the company, which specializes in temperature-controlled warehousing and logistics for the food industry.Hogarth has worked for Americold and its predecessor companies for 23 years. During his tenure, he has held various leadership roles within the company and will now be ...
-
Satellite data network reaches S. China Sea
/enpproperty--> SANYA - A satellite data receiving station was launched on Friday enabling China to now obtain observation information about the South China Sea. The station, in Sanya in south China's island province of Hainan, was launched by the Institute of Remote Sensing and Digital Earth under the Chinese Academy of Sciences. China will now be able to obtain satellite remote ...
-
China US sign memo on audit files access
/enpproperty--> BEIJING - China and the United States have signed a cooperation memorandum agreeing to share audit and accounting records of concerned companies, marking an important step in cross-border coordination of such probes. In a statement, China Securities Regulatory Commission (CSRC) and the Ministry of Finance (MOF) said they had signed an agreement with the US Public Company ...
-
Radioactive Cesium Recorded at 10 Spots in Pacific Ocean
10 points in the Pacific Ocean, including a location as far as 1300 miles from the plant, less than a year after Fukushima nuclear disaster began, scientists revealed on ...
-
China opposes EUs probes into solar telecom companies
Premier Li Keqiang said on Friday that China firmly opposes the European Union's probes into Chinese solar and telecom products, suggesting that once the results of the investigations are released, both sides will be harmed. Li said in a speech delivered at a luncheon with business and financial leaders during his trip to Switzerland that China is keeping a close eye on the EU's trade ...
-
UK decides to bring back slain soldiers girlfriend from Afghanistan
ministry of defence saying Rigby was killed in a terrorist attack in Woolwich. The shattered family of Rigby recalled the soldier as being a doting father who would do "anything for anybody". The soldier, who was married and had a two-year-old son, was described as a "loving son, husband, father, brother and uncle, and a friend to many." In a statement, Rigby's family ...
-
Pittsburgh on the Hudson Wrong city in New York City campaign logo
Anthony Weiner , the road to City Hall leads through Pittsburgh. Weiner, the candidate who infamously resigned from the US Congress two years ago in a sexting scandal, unveiled a video announcing his mayoral candidacy and a campaign logo on his website on Wednesday. The logo is written in blue and orange -- the colors of Weiner's beloved New York Mets baseball team. But the image of the ...
-
Why Iran May Pose A Greater Cybersecurity Risk Than China
report from the Wall Street Journal about Iranian infiltration of U.S. energy firms shows why their cyber-assaults could pose a greater immediate threat to U.S. national security. While China pursues ...
-
North Koreas nuclear program
Russia regards reports that North Korea is willing to return to six-party talks on the denuclearization of the Korean Peninsula as a "positive development," a senior Russian diplomat said ...
-
Top Bosnia court orders release of president charged with graft
SARAJEVO (Reuters) - Bosnia's Constitutional Court ruled on Friday that the president of the autonomous Muslim-Croat federation, charged with corruption, had been detained illegally, and ordered a lower court to release him ...
-
Fitch Affirms Henderson China Opportunities Funds Satisfactory Rating
Macao Banks' Rapid China Growth Alters Risk Profiles Macao banks could see their risk profiles weaken as their exposure to China continues to climb.Fitch Ratingsexpects credit growth to accelerate to 30% in 2013 from 26% in 2012, primarily led by China-related trade financing. Generally Chinese exposures are driven by parent referrals and associated risk is adequately mitigated with ...
Digest on Australia
-
Australia the energy superpower?
A new boom in the extraction of Australia's natural gas reserves will have immense economic benefits for the country and especially the state of Western Australia, but conservationists warn of an environmental impact.
Australia is a country rich in natural resources, because of this its economy is an export driven one, and coal, iron ore, wool, meat, gold, and wheat are some of its main exports. It was in the 1920’s that Australia’s economic potential was underpinned by the gold rush that saw its population triple in size in just ten years. Read more
News from around our Network
