Tuesday, July 16, 2013

Asian Markets Mostly Trade Lower Japan Advances On Weaker Yen

  • Nepal News.Net - Monday 15th July, 2013

    15 July 2013 150 The Security Council today reaffirmed the importance of the use of preventive diplomacy and early warning mechanisms to assist in the peaceful settlement of disputes, and acknowledged the role of the United Nations regional office in assisting countries in Central Asia to respond to threats and challenges. The UN Regional Centre for Preventive Diplomacy for Central Asia ...

  • Delhi Metro second largest in southeast Asia in ridership

    Nepal News.Net - Monday 15th July, 2013

    Delhi Metro is now the second largest metro service in southeast Asia in terms of the passenger load it carries, next only to Hong Kong, its chief said Monday. The metro service, which started in 2002, has surpassed Singapore and Taipei metros in per day average ridership, Delhi Metro Rail Corporation (DMRC) chief Mangu Singh said. "In last six months, the average per day ridership of Delhi ...

  • 91 yr old Bangladesh Islamist Ghulam Azam sentenced to 90 years in jail for war crimes

    Nepal News.Net - Monday 15th July, 2013

    Bangladesh Islamist Ghulam Azam, 91 has been sentenced to 90 years in prison on charges of war crimes. Azam, was accused of setting up militia groups that carried out mass killings and rape during Bangladesh's 1971 war of independence with Pakistan. According to Huffington Post, a special tribunal of three judges said that Azam deserved capital punishment, but received a jail sentence instead ...

  • China wins Asian beach soccer title

    Nepal News.Net - Monday 15th July, 2013

    China beat United Arab Emirates 4-3 in a penalty shootout in the final winning their first Asian Beach Soccer Cup title. Wan Chao scored the first goal in the fourth minute of the second period with a free kick. Then UAE overturned the scores with goals from Haitham and Hasan. About 17 seconds before the final whistle, Liu Yisi of China scored, levelling the scores 2-2 in the ...

  • Military Dynamics in South Asia

    ISN - Tuesday 16th July, 2013

    India's conventional military capabilities continue to pull ahead of Pakistan's while also falling behind China's. Today, the CSS's Prem Mahadevan examines the evolving military balance among these powers, to include the impact of cross-border terrorism and India's naval ambitions in the South China Sea. By Prem Mahadevan for the ...

  • Official says bomb kills 2 Afghans in east

    New Zealand Herald - Tuesday 16th July, 2013

    KABUL, Afghanistan (AP) An Afghan official says a bomb planted on a bicycle in eastern Nangarhar province has killed two civilians and wounded three others. Provincial spokesman Ahmad Zia Abdulzai says the incident took place early Tuesday on the outskirts of Jalalabad, Nangarhar's capital. He says the target of the bomb is unknown. No one has claimed responsibility for the attack, but most such ...

  • Australia coach Osieck fumes at Asian clubs

    SBS - Tuesday 16th July, 2013

    Australia's national fotball team head coach Holger Osieck looks at his players before their 2014 World Cup qualifying match against Japan in Saitama, north of Tokyo, June 4, 2013. REUTERS/Yuya ...

  • South Korea blames North Korea for cyberattack

    The Miami Herald - Tuesday 16th July, 2013

    SEOUL, South Korea -- South Korean investigators say North Korea carried out cyberattacks on the websites of South Korean media companies and the president and prime minister's offices last month.The attacks came on the June 25th Korean War anniversary.South Korea's ministry of science on Tuesday said it was blaming North Korea based on analysis of codes, Internet addresses and ...

  • Business Briefs July 16

    Intellasia - Tuesday 16th July, 2013

    * Mason Bees Co. Ltd last Saturday opened another clean foodstuff outlet bearing Fresh More brand on Ton Dat TIen Street in HCMe?s District 7 which specialises in selling products meeting bio-organic standards and Global Gap criteria. * India?s JK and Japan?s Sojitz are planning to build a pulp factory in the central province of Quang Ngai at a total cost ofUS$l80 million. The ...

  • Currencies Asia currencies in focus as dollar stays in range

    CBS Marketwatch - Tuesday 16th July, 2013

    LOS ANGELES (MarketWatch) -- Asian currencies took the forex spotlight Tuesday, as the U.S. dollar and its European rivals stuck to tight ...

  • Thailand may reduce troop levels in south deputy PM

    The Straits Times - Tuesday 16th July, 2013

    Thai soldiers raise their rifles during the funeral ceremony of a Muslim Ranger killed in an attack by suspected separatist militants on June 1, in Thailand's restive southern province of Narathiwat on June 20, 2013. Thailand is considering reducing the number of troops in its insurgency-riven south if a lull in violence holds, the deputy prime minister said on Tuesday. -- FILE PHOTO: ...

  • ADB Cuts Developing Asia Growth Outlook As China Slows

    RTT News - Tuesday 16th July, 2013

    The Asian Development Bank, or ADB, on Tuesday lowered its growth outlook for developing Asia, citing slower growth in China and subdued demand from advanced economies. In its latest Asian Development Outlook Supplement, the ADB said it expects the region to grow 6.3 percent in 2013 and by 6.4 percent in 2014. These forecasts were lower than April's prediction of 6.6 percent growth for 2013 ...

  • Only female attendants please says Indian budget airline

    Channel News Asia - Tuesday 16th July, 2013

    The Indian airline has decided to employ female-only flight attendants because they weigh about 20 kilogrammes lighter on average than their heavier male counterparts. The low-cost airline has calculated the move to limit fuel burn will help them save up to US$500,000 a year on fuel ...

  • ADB trims Asia growth forecasts on China slowdown

    General Sources - Tuesday 16th July, 2013

    China's slowing economic growth is weakening momentum throughout the rest of Asia, the Asian Development Bank said on Tuesday as it revised down its forecasts for the region. A day after Beijing released data showing its economy slowed for a second successive month in April-June, the Manila-based ADB trimmed its outlook for developing Asia this year to 6.3 percent, from 6.6 percent. In ...

  • RPT-SE Asia Stocks-Thailand Philippines down Fed direction awaited

    Reuters - Tuesday 16th July, 2013

    (Repeats to widen subscription without changes to text) July 16 (Reuters) - Thailand and the Philippines stock markets fell on Tuesday, while other Southeast Asian markets were trading mixed in early trade as investors awaited clues from Fed Chairman Ben Bernanke's twice-yearly monetary policy report to the Congress later this week. Thailand's main index was 0.6 percent down at 0507 ...

  • The Asian stock markets edged up

    FXstreet - Tuesday 16th July, 2013

    The foreign currencies consolidated in the Far East after a quiet session on Monday, which was punctuated by less than stellar US reports. Most foreign currencies ended flat, with only the yen and Canada extending Friday's losses on profit taking. All foreign currencies had piled good gains late Wednesday and Thursday. The Asian stock markets edged up. The short-term outlook for most ...

  • Asian markets down after US retail sales ease

    Times of India - Tuesday 16th July, 2013

    The big IT cos in India would be glad that the bill, which they had objected to vigorously saying that it would severely hamper the ability of cos to send more workers to US as well as cut into their bottom line - is finished for ...

  • ADB cuts developing Asias growth forecast

    Middle East Times - Tuesday 16th July, 2013

    The Asian Development Bank cut growth forecast for this year and 2014 for Asia's 45 developing countries due to tepid demand from major industrial economies. The bank, in its latest outlook released Tuesday from its headquarters in Manila, also cited China's slowing growth for lowering its 2013 growth forecast to 6.3 percent from its April forecast of 6.6 percent. The forecast for ...

  • Afghanistan Escalating Setbacks for Women

    Human Rights Watch - Tuesday 16th July, 2013

    Afghanistan's lower house is proposing to protect the batterers of women and girls from criminal punishment. Legislative approval of this criminal law revision would effectively stop prosecutions of people who beat, forcibly marry, and even sell their female ...

  • Bangla labour laws fall short of protecting workers says HRW

    Times of India - Tuesday 16th July, 2013

    Bangladeshi Parliament fall far short of protecting worker's rights and meeting international standards, a leading rights body has said on Tuesday. "This would be good news if the new law fully met international standards, but the sad reality is that the government has consciously limited basic workers' rights while exposing workers to continued risks and exploitation," said ...

  • Australia coach hits out at Asian player policy

    New Zealand Herald - Tuesday 16th July, 2013

    SYDNEY (AP) Australia coach Holger Osieck has hit out at the reluctance of some Asian football clubs to release players for the East Asian Cup, saying he briefly considered withdrawing his team from the tournament. Osieck included five Asian-based players in his provisional 24-man East Asian Cup squad Tuesday, but said the final 23-man squad for the tournament won't be confirmed until 24 hours ...

  • Vietnam PMs son-in-law gets McDonalds franchise

    The Miami Herald - Tuesday 16th July, 2013

    HANOI, Vietnam -- McDonald's has announced it is opening its first restaurant in Vietnam, the latest Western consumer company to bring their brand to the Communist-run country.The company says Tuesday that Henry Nguyen, a Vietnamese-American investor and the son-in-law of Vietnam's prime minister, would be the main franchise partner.The spending power of Vietnam's 90 million ...

  • Source: http://www.nepalnews.net/index.php/sid/215854978/scat/bf053b50c46383e0

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