09302016Fri
Last update: Fri, 30 Sep 2016 11am

South East Asia

World - South East Asia

China probes top executive of state energy giant CNPC SHANGHAI: A top executive of China National Petroleum Corp, the country's biggest energy company, has been put under investigation, authorities said as the Communist Party's anti-corruption drive targets more state firms.CNPC general manager Liao Yongyuan is being investigated by the ruling party's Central Commission for Discipline Inspection (CCDI) for "severe violations of discipline and law", the watchdog said in a statement late Monday.It gave no details, but the phrase typically refers to official corruption.Liao was also vice chairman and non-executive director for PetroChina, the listed unit of CNPC.In a statement to the Hong Kong stock exchange, PetroChina said business was normal: "The company is in normal production and operation."PetroChina shares were down 0.73 percent in Hong Kong trading late Tuesday morning, but up 0.18 percent in Shanghai, where it is also listed.The announcement of the investigation is the second in two days involving a state-owned enterprise after the CCDI said ...

World - South East Asia

Aid workers struggle with scale of Vanuatu disaster PORT VILA: Aid agencies said on Monday conditions in cyclone-ravaged Vanuatu were among the most challenging they have ever faced with fears of disease rife, as the Pacific nation's shocked president said climate change was partly to blame for the devastation.Relief flights continued arriving in the battered capital Port Vila after Severe Tropical Cyclone Pam tore through on Friday night packing wind gusts of up to 320 kilometres (200 miles) an hour.But workers on the ...

World - South East Asia

Vanuatu president urges world help to rebuild 'everything' SENDAI: The president of cyclone-lashed Vanuatu said on Monday his island nation needs the world's help to rebuild "everything" after it was smashed by one of the most powerful storms ever recorded."The humanitarian need is immediate, we need it right now," Baldwin Lonsdale told AFP as he readied to fly home from a disaster conference in northern Japan. "In the long term we need the financial support, assistance, to start rebuilding our infrastructure -- everything, ...

World - South East Asia

4.3 magnitude quake hit east China's Anhui ISLAMABAD: A 4.3-magnitude earthquake hit the city of Fuyang in east China's Anhui Province on Saturday, said the China Earthquake Networks Center (CENC).The epicenter was monitored at 33 degrees north latitude and 115.9 degrees east longitude with a depth of 10 km, according to the CENC. Copyright APP (Associated Press of Pakistan), 2015 ...

World - South East Asia

Mitani to remain head of Japan's trillion-dollar GPIF pension fund TOKYO: Takahiro Mitani will remain head of Japan's trillion-dollar public pension fund, officials said on Saturday, as the government wrestles with how to govern the mammoth fund.Health and Welfare Minister Yasuhisa Shiozaki is set to name Mitani, 66, to another term as chairman of the Government Pension Investment Fund, starting April 1, three government officials with direct knowledge of the matter told Reuters.Global investors have been closely watching who would head GPIF, the world's biggest ...

World - South East Asia

Cyclone Pam may be 'one of the worst in Pacific history': UNICEF SUVA: Super Tropical Cyclone Pam, which smashed into Vanuatu and hit the Solomon Islands, could be one of the worst weather disasters for the Pacific, UNICEF New Zealand said Saturday."While it is too early to say for certain, early reports are indicating that this weather disaster could potentially be one of the worst in Pacific history," New Zealand executive director Vivien Maidaborn said in a statement.Copyright AFP (Agence France-Presse), 2015 ...

World - South East Asia

Chinese shoe factory workers strike over benefits SHANGHAI: About 5,000 workers have gone on strike at a shoe manufacturer in southern China over benefits, two activists and a worker said, marking one of the biggest work-stoppages in the country in months.The company that owns the factory, Stella International Holdings Ltd, lists Guess? Inc, Michael Kors Holding Ltd, Prada SpA and Burberry Group PLC among its customers. China's slowing economy, rising costs and the spread of social media have driven an increase in ...