All
 

 

Just in:  

You are here: Home»World»Southeast Asia

South East Asia

Archive

Three Chinese ships in disputed waters: Japan TOKYO: Three Chinese government ships sailed in waters around disputed islands controlled by Tokyo for about nine hours on Thursday, Japan's coastguard said.The Chinese maritime surveillance vessels were spotted in the 12-nautical-mile zone off the Senkaku islands, which China calls the Diaoyus, in the East China Sea shortly before 9:30 am (0030 GMT), the coastguard said.They left the zone at around 6:30 pm, it said later.It was the latest in a long line of stand-offs between official ships from both sides as Beijing and Tokyo jostle over ownership of the strategically important and resource-rich islands.A territorial row that dates back four decades reignited last September when Tokyo nationalised three islands in the chain, in what it said was a mere administrative change of ownership.The central government's move was intended to preempt a purchase by the Tokyo city government led at the time by nationalist governor Shintaro Ishihara.But Tokyo's move prompted ...

Japan man, 80, scales Everest, sets record KATHMANDU: An 80-year-old Japanese climber reached the summit of Mount Everest on Thursday, becoming the oldest person to scale the world's highest mountain, his website and a Nepalese official said.Yuichiro Miura and his party arrived at the summit at around 9am (0315 GMT), according to the website."I feel like the happiest person in the world. How could I have come so far at the world's oldest age of 80," Miura said. "I have never felt ...
South Korea, Japan, US defence chiefs to meet SEOUL: The defence chiefs of South Korea, Japan and the United States will hold their first trilateral meeting for four years at the end of this month, with North Korea likely to top the agenda.The three top officials will meet on the sidelines of the annual Asia Security Summit to be held in Singapore from May 31 to June 2, a South Korean defence ministry spokesman said Wednesday.It will be their first three-way ministerial-level meeting ...
Chinese businessman pays record price for Belgian racing pigeon BRUSSELS: A Chinese businessman has paid a world record 310,000 euros ($398,500) for a Belgian pigeon, highlighting Asia's huge and growing interest in racing birds.The one-year-old award-winning pigeon named Bolt was bred by Belgian pigeon fancier Leo Heremans, a well-known name to pigeon enthusiasts, who sold his entire collection of 530 birds for 4.3 million euros at an auction over the weekend."You can compare it to artwork. A painting made by Picasso is worth more ...
Vietnam gives green light for bad debt bank HANOI: Vietnam's government approved on Tuesday the formation of an asset management firm to buy bad debt from its troubled banks, an official said, a move that could help stimulate an ailing economy growing at its slowest pace in 13 years.The long-delayed "bad debt bank", the Vietnam Asset Management Corp (VAMC), would be run by the State Bank of Vietnam (SBV) and is tasked with trimming down what is widely seen as Asia's highest ratio ...
Indonesia names new finance minister JAKARTA: Indonesian President Susilo Bambang Yudhoyono Monday named the country's investment chief as the new finance minister, putting him in charge of Southeast Asia's top economy at a time of major challenges.Chatib Basri, who is taking on the role ahead of elections in 2014, replaces Hatta Rajasa, who was stand-in finance minister for a few weeks after the previous incumbent left amid growing complaints about his reformist agenda.The 47-year-old takes up the job as economic ...
Second Taiwanese fighter crash within a week TAIPEI: A Taiwanese fighter jet ploughed into the sea off the island's north coast on Monday, the air force's second crash in less than a week, military officials said.The crash happened when the French-made Mirage 2000-5 fighter was conducting a regular training mission, the air force said, adding that both crew managed to parachute to safety.The cause of the incident was under investigation, it said.A single-seater F-16 went down off central Taiwan on Wednesday last ...

Finding Hong Kong hotels couldn’t be easier with Expedia!


 



 
Index Closing Chg%
Arrow DJIA 15,307.17 0.52
Arrow Nasdaq 3,463.30 1.11
Arrow S&P 1,655.35 0.83
Arrow FTSE 6,840.27 0.53
Arrow DAX 8,530.89 0.69
Arrow CAC-40 4,051.11 0.37
Arrow Nikkei 15,627.26 1.60
Arrow H.Seng 23,261.08 0.45
Arrow Sensex 20,062.24 0.25






Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln