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Australian statistics bureau systems hacked SYDNEY: The Australian Bureau of Statistics revealed Friday it has been targeted by hackers many times, as they reportedly look to access market-sensitive information before public release.According to newly declassified documents and internal incident reports obtained by The Australian Financial Review, the ABS has been the subject of numerous attacks over the past four years.They include at least 11 incidents over seven months during 2012, involving thousands of attempts to access the government bureau's computer network to view secret information about Australia's economy, the report said.At least two were reportedly linked to Internet accounts in China.The attacks often came immediately prior to the scheduled release of confidential data that affects financial market prices, such as employment, inflation, retail sales and gross domestic product, the newspaper said.These official statistics have the potential to push the Australian dollar and the market either higher or lower.The bureau said in a statement that none ...

South Korean WTO candidate out of race: ministry SEOUL: South Korea confirmed Friday its candidate to head the World Trade Organisation had failed to make it to the final selection round, saying the general mood had been for a Latin American nominee.Former trade minister Bark Tae-Ho "unfortunately failed to make it to the third round", the foreign ministry said in a statement.The statement cited unconfirmed reports that Brazil's WTO ambassador Roberto Azevedo and Mexico's Herminio Blanco, a former senior trade negotiator, would fight ...
Man, 78, rescued five days after China quake BEIJING: A 78-year-old man has been rescued five days after an earthquake hit southwestern China, killing 196 and making thousands homeless, state media reported Thursday.He was found by rescuers "on a hilltop" in Muping township, in Baoxing County, Xinhua said, without giving further details of the rescue operation."The man suffered a rib fracture but is in a stable condition," the report said, adding that he was taken to Baoxing People's Hospital by helicopter.The state news ...
Philippine mechanic finds bomb in car engine MANILA: Philippine police have disarmed a bomb which was found in the engine compartment of an Indian businessman's car after he drove the vehicle to a garage for repairs, officials said Thursday.The car repair shop alerted police when a mechanic found the device after the Indian owner, a money lender, and two compatriots drove there for repairs, Senior Inspector Walter Ebora told AFP."We still cannot conclude what the motive was. They could be the targets ...
China agrees with France to buy 60 Airbus planes BEIJING: China agreed to buy 60 Airbus planes in a memorandum of understanding signed Thursday by French President Francois Hollande and Chinese President Xi Jinping in front of reporters.A significant portion of the planes would be manufactured in China at an Airbus factory in Tianjin, 150 kilometres (93 miles) from the capital, an industry source told AFP on condition on anonymity.The signing ceremony took place in Beijing's Great Hall of the People on Hollande's first ...
China Q1 preliminary current account surplus at $55.2bn BEIJING: China posted a current account surplus of $55.2 billion in the first quarter of 2013, preliminary data from the country's foreign exchange regulator showed on Thursday.China had a $101.8 billion surplus in its capital and financial account in the first quarter, according to the State Administration of Foreign Exchange (SAFE).Copyright Reuters, 2013 ...
Indian FM to visit China amid border spat NEW DELHI: India's Foreign Minister Salman Khurshid said Thursday he would visit China on May 9 amid high tensions between the neighbours due to a flare-up at their disputed border."I believe we have a mutual interest and we should not destroy years of contribution we have put together," he told reporters on the sidelines of a business event. "I think it is a good thing that we are having a dialogue."It was unclear if the ...

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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