Inflation in Indonesia rose steeply in July to 8.6% year-on-year (y-o-y) from 5.9% in June. The full effects of the recent fuel price hike were felt in July, which coincided with the celebration of Ramadan to send prices higher. Consumer price inflation also accelerated in the Republic of Korea in July, as the inflation rate rose to 1.4% y-o-y from 1.0% in June. In Thailand, consumer price ...
Dollar under pressure in Asia
The dollar skidded Friday after the US Labour Department released monthly employment data, which investors watched closely to gather clues about the future direction of the Federal Reserve's monetary-easing programme. The Fed has said it planned to wind down the stimulus once the economy had cemented a ...
Nikkei leads Asian shares lower
Tokyo - Asian shares were soft and the United States dollar was on the defensive on Monday after data showed US employers slowed their pace of hiring in July, while the New Zealand dollar tumbled after a food-safety scare affected dairy exports of the country's largest ...
Six pilgrims drown in swollen river in Nepal police
Six pilgrims drowned in northeastern Nepal Monday while trying to cross a rain-swollen river, becoming the latest casualties of heavy monsoon downpours, a local police official ...
Fonterra apologises over milk scare denies cover-up
New Zealand dairy giant Fonterra apologised Monday for a botulism scare that saw product recalls in China but denied accusations by Prime Minister John Key that it had delayed releasing ...
Iran dominates India in second round of FIBA Asia
NIKKAH BAHRAMI Samad vs AMJYOT Singh and BHRIGUVANSHI Vishesh PBA IMAGES/NUKI SABIO MANILA, Philippines ? Hamed Hadadi set the tone and Samad Nikkhah Bahrami followed suit. Iran, with its two stars pressing the attack early, made quick work of India 102-58 in the second phase of the 27th FIBA Asia men?s Championship Monday at the Mall of Asia Arena in Pasay City. The ...
Weak U.S. Jobs Data Sees Asian Markets Retreating
Asian equity markets retreated from last week's highs, today, following a poorer-then-expected U.S. Non-Farm Payroll Report (NFP). On Friday, the closely watched NFP figure came in much lower than expected. The world's largest economy in the U.S. created only 162K jobs in July. The number in June was also revised lower to 188K. Economists had expected the U.S. Economy to add 184K jobs. ...
Death toll from heavy rains flooding up to 53 in Pakistan
A senior Pakistani disaster management official says the death toll from heavy rains that caused flash floods and collapsed houses has risen to 53 over the past three days. The deaths reported by Brig. Kamran Zia on Monday spanned the entire country. He says 12 were in the northwest's semiautonomous tribal region, eight in neighboring Khyber Pakhtunkhwa province, and three in the ...
Three civilians killed seven wounded in Afghanistan bombing
KABUL: Three civilians were killed and seven wounded when a powerful blast rocked a market on Monday in the southern Afghan province of Kandahar, a spokesman said. "An explosion rocked the livestock market in Bagh-e-Pul area at around 9 am. The initial report indicated that three adults have been killed and seven wounded," reported Xinhua quoting Jawid Faisal. No group has claimed ...
Ban on rebel flag stirs ire in Indonesia
BANDA ACEH, Indonesia (AP) The governor of Indonesia's semiautonomous Aceh region is protesting that national security forces have seized hundreds of flags of the former separatist movement. Authorities confiscated the Free Aceh Movement's red crescent-star flags from streets in North Aceh, Lhokseumawe and Nagan Raya districts. The move came following a statement from the local army that no flag ...
SE Asia Stocks-Flat to weaker Singapore down on ex-dividend
BANGKOK, Aug 5 (Reuters) - Southeast Asian stocks were flat to weaker on Monday amid selective buying in battered large caps including Malaysian banks and Philippine SM Investments Corp but activity dropped across exchanges in holiday-thinned demand. Malaysian key index edged up 0.11 percent, with shares in AMMB Holdings rising 2.6 percent, the top percentage gainer. Large caps led the Malaysian ...
US train carrying hazardous materials derails in US about 100 homes evacuated 1 hurt
US train derails in US, about 100 homes evacuated Associated Press - 5 August 2013 01:50-04:00 LAWTELL, Louisiana (AP) -- A train carrying hazardous materials derailed in Louisiana and two railcars were leaking chemicals, forcing the evacuation of about 100 homes, officials said. One man went to the hospital complaining of eye irritation. More than 20 cars of the Union Pacific train went ...
Global Online Fair Links Prospective Students With More Than 78 Business Schools September 10-11
Registration is now open for the Official GMATCH online fair, a global recruiting event sponsored by the Graduate Management Admission Council to be held September 10 and 11, 2013. The GMATCH fair allows prospective students to meet school representatives from more than 78 of the world?s leading business and management programs from the comfort of their computer and at no cost. ';Our ...
China steps up warning over NZ milk scare
AFP PHOTO BEIJING ? China stepped up warnings to consumers Monday over a botulism scare involving products from a New Zealand dairy company, and has demanded affected importers check their sales records. The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said it was ';warning consumers'; following an alert over a bacteria that could lead to the ...
China Russia halt some New Zealand dairy imports
botulism scare has prompted China and Russia to stop importing some New Zealand dairy products, denting the country's reputation as a supplier of safe, high quality food. New Zealand dairy giant Fonterra announced on Saturday that up to 1,000 tons of infant ...
Qatar remains unbeaten beats Jordan in FIBA Asia
ELHADARY Mansour Atif of Qatar (light) vs HADRAB Mohammad FIBA Asia Photo by Nuki Sabio MANILA, Philippines ? Qatar broke away from a tight game in the third quarter and never looked back to beat slumping Jordan, 75-61, to start the second round of the 27th FIBA Asia men?s championship Monday at the Mall of Asia Arena in Pasay City. Qatar, which hiked its record to 3-0, gained ...
Thailand Bangkok braces for political street protests
BANGKOK (AP) -- Thailand?s capital braced Sunday for possible unrest in the week ahead, with street protests expected over moves in parliament that could eventually lead to a pardon for ousted Prime Minister Thaksin ...
Most AsiaPacific stock indexes are declining
The foreign currencies consolidated in the Far East after the tepid NFP report on Friday vaulted the European currencies and the yen, and hurt the commodity currencies. The Aussie sank to a new three-year low following additional weak economic reports. Most Asia/Pacific stock indexes are declining. The short-term outlook for most foreign currencies is sideways. The medium-term outlook for most ...
Small bomb explodes at Buddhist temple in Indonesia
JAKARTA: Police and government officials on Monday condemned an attack on a Buddhist temple in Indonesia's capital after a small bomb detonated as devotees inside prayed, injuring one person. Two other devices failed to go off. The explosion happened on Sunday night at ...
Oil rises above $107 on Fed stimulus hopes
BANGKOK (AP) Oil rose above $107 a barrel Monday after a disappointing US jobs report made it more likely the Federal Reserve will continue its stimulus program beyond September. Benchmark crude for September delivery was up 18 cents to $107.12 at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 95 cents to close at $106.94 a barrel on Friday. US ...
High-yield Asia debt boom spurs ex-RBS exec to start hedge fund
By Nishant Kumar HONG KONG | Mon Aug 5, 2013 1:34am EDT HONG KONG Aug 5 (Reuters) - A trio of French ex-bankers led by former Royal Bank of Scotland Group managing director Geoffroy Wallier are planning a $40 million Asia fund, seeking to cash in on a red-hot Asian credit market that offers the potential for much greater returns than Western counterparts. The launch, part of a global ...
Family dog kills two-year-old boy in Australia
SYDNEY (AFP) - A two-year-old boy has been mauled to death at his grandmother's house in a savage attack by a mastiff cross dog, Australian police said on Monday.The tragedy unfolded on Sunday afternoon at Deniliquin in southwestern New South Wales state, with reports that the boy went outside to get an ice-cream from a back fridge and the dog, a family pet, followed.It was not clear what ...
Source: http://www.uzbekistannews.net/index.php/sid/216243206/scat/bf053b50c46383e0
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