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Indonesian police fire tear gas at pro-Papua demo JAKARTA: Police fired tear gas at a hundreds-strong crowd hurling rocks Tuesday during a protest in Jakarta against Indonesian rule over the eastern region of Papua, with a lawyer saying that over 100 demonstrators had been detained.Several hundred protesters, mostly university students from Papua, took part in the demonstration to mark the anniversary of the region's declaration of independence in 1961, two years before Indonesia took control.About 400 police in riot gear were standing guard at the protest by a roundabout in downtown Jakarta, which turned violent as demonstrators hurled rocks and police responded by firing tear gas and chasing protesters. "They have no permit to stage a protest here, so we are dispersing them," said Central Jakarta police chief Hendro Pandowo, insisting the police had not used excessive force. Protest organisers insisted they had notified authorities.Veronica Koman, lawyer from Jakarta Legal Aid Foundation, speaking on behalf of the protesters, ...

Myanmar bourse to debut on Dec 9: officials YANGON: Myanmar will open its first major stock exchange next week after months of delays, authorities said Tuesday, as the long-cloistered economy slowly opens up.Initially slated for October, the Yangon Stock Exchange (YEX) will now be launched on December 9, according to a statement by the Securities and Exchange Commission of Myanmar.Its debut was pushed back until after the breakthrough November 8 elections, won handsomely by Aung San Suu Kyi's opposition party.Suu Kyi's supporters hope ...
Families demand justice after Taiwan water park explosion TAIPEI: Families of victims killed during an explosion at a "colour party" in Taiwan that left 15 dead and hundreds injured are calling for the event organiser to receive a stiff sentence, as a procedural hearing opened in Taipei on Tuesday.In October, Lu Chung-chi, the owner of Color Play Asia that organised the event, was charged with negligence leading to death and injury and faces up to five years in prison. The accident occurred in ...
Australia introduces new foreign investment regime SYDNEY: Australia put into force a robust new investment regime Tuesday cracking down on foreigners who unlawfully own residential properties and tightening scrutiny on purchases of farmland from overseas.The government announced in May it planned to fine and even jail foreigners who flouted rules that only allow them to buy new dwellings, and not existing residential property.Real estate prices have soared in recent years, particularly in Sydney and Melbourne, with concerns mounting that cashed-up foreigners, ...
Philippines official confident in South China Sea arbitration case AMSTERDAM: The Philippines on Monday wrapped up a week of arguments before judges in its case against China over the hotly disputed South China Sea, at a hearing boycotted by Beijing.The Philippines has asked the Permanent Court of Arbitration in The Hague to affirm its right to areas within 200 nautical miles of its coastline, under the terms of a U.N. convention.China rejects the court's jurisdiction. It claims an area inside what it calls the ...
China jails 14 over 2013 pipeline blast BEIJING: China sentenced 14 people, including local officials and employees at a state company, to prison Monday for their role in a 2013 pipeline blast that killed 63 and injured another 156, state media reported.The pipeline, owned by a subsidiary of China's largest oil refiner Sinopec, exploded as a result of drilling by maintenance staff.A court in the eastern city of Qingdao, where the accident occurred, meted out sentences of three to five years to ...
Public support for Japan's Abe rebounds after security law: polls TOKYO: Public support for Japanese Prime Minister Shinzo Abe has rebounded since his government rammed through unpopular security legislation, according to polls published Monday, as he re-focuses on the struggling economy.In September, parliament in the officially pacifist nation passed the contentious security bills, opening the door for Japanese troops to engage in combat overseas for the first time since the end of World War II.The legislation was met with strong public resistance and pounded the ...

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
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WeeklyNovember 30, 2015
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