For Asian markets this week, the direction of the Chinese economy and the Federal Reserve's monetary policy are likely to remain the key focal points. Clarity on the first should come on Monday with data expected to show the world's second biggest economy grew an annual 7.5 percent in the second quarter of the year from the first, compared with a rise of 7.7 percent in the first ...
US boy trapped hours under sand dune is critical
MICHIGAN CITY, Indiana: A 6-year-old US boy who spent more than three hours buried under 11 feet (3.3 meters) of sand after being swallowed by a massive dune was recovering well but remained in critical ...
?Glee? star found dead in hotel roomCory Monteith 31 the handsome young actor who shot to fame in the hit TV series ?Glee? but was beset by addiction struggles so fierce that he once said he was lucky to be alive was found dead
police said. Monteith, who played the character Finn Hudson on the TV series about a high school glee club, was found dead in his room on the 21st floor of the Fairmont Pacific Rim Hotel in Vancouver around noon on Saturday, police said. Deputy police chief Doug Lepard said there was no indication of foul play. Monteith's body was found by hotel staff after he missed his check-out time. ...
Rebuilding ties with India priority People?s Democratic Party
The People?s Democratic Party, which emerged victorious in Bhutan?s recent polls, on Sunday said that resolving the issue of India?s withdrawal of subsidy on kerosene and cooking gas and rebuilding bilateral ties is its top ...
Three killed in attack on bus carrying workers in Egypts Sinai
CAIRO (Reuters) - At least three people were killed and 17 wounded early on Monday in Egypt's North Sinai province when suspected militants used rocket-propelled grenades to attack a bus carrying workers employed at a cement factory, security and medical sources ...
60000 Congolese flee to Uganda after rebel attackMore than 60000 Congolese have fled to Uganda after a rebel attack on a town near the border in a continuing influx that is stretching humanitarian capacities an aid group said today.
Uganda Red Cross has already registered 41,000 refugees and that 20,000 more are yet to go through that process, said spokeswoman Catherine Ntabadde. "Currently we are looking at about 65,000 people," she said. The refugees are entering Uganda though the frontier district of Bundibugyo and many have found temporary shelter on the campuses of three schools there, she said. The refugee ...
Abortion top issue again for 2014 elections in US
Republicans around the US see no immediate hope of overturning the US Supreme Court's 1973 landmark decision legalizing abortion, but they are increasingly pushing legislation to restrict the procedure. The issue looms in ...
Snowden documents contain NSA blueprint Greenwald
Snowden has "literally thousands of documents'' that constitute "basically the instruction manual for how the NSA is built,'' but that Snowden has insisted details from the documents not be made public. Greenwald says he doesn't think national security would be harmed if the secret documents were to be published, but he added that he did think revelations from ...
GLOBAL MARKETS-Asian stocks in holding pattern ahead of China risk
Sun Jul 14, 2013 8:33pm EDT * Stocks, currencies, commodities subdued * China data due around 0200 GMT awaited * Any disappointment seen weighing on risk appetite By Ian Chua SYDNEY, July 15 (Reuters) - Asian stocks were flat on Monday even after another robust performance on Wall Street, while commodities and major currencies were subdued as investors kept to the sidelines ahead of fresh ...
18 killed in stampede at boxing match in Indonesia
JAKARTA, Indonesia -; Police say at least 18 people have been killed in a stadium stampede after spectators rioted to protest a local boxer's loss in a championship match in eastern ...
Senior U.S. official visits Egypt as Islamists plan more protests
Sun Jul 14, 2013 8:00pm EDT * Senior U.S. official to visit Egypt, first since overthrow * Unclear if Burns will meet Mursi's Brotherhood supporters * New cabinet to be formed, more protests called By Shadia Nasralla and Ulf Laessing CAIRO, July 15 (Reuters) - The first senior U.S. official to visit Egypt since the army toppled the country's elected president will hold high-level talks ...
Obama calls for calm after Zimmerman acquittal protests held
Protesters hold an image of Trayvon Martin while marching in the Leimert Park area of Los Angeles following the George Zimmerman verdict. (Reuters ...
Asian stocks turn somber as China risk looms
Stocks on major bourses posted their best weekly gains since November on Friday, helped by corporate earnings reports and remarks by Federal Reserve officials calming investor fears about U.S. monetary policy. On Wall Street, the Dow and S&P 500 hit all-time closing highs for a second day, and the S&P 500 rose for a seventh straight day, matching a winning streak from March. The index ...
A.M. Best Affirms Ratings of BOC Group Life Assurance Company Limited
A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of A (Excellent) and issuer credit rating of ?a? of BOC Group Life Assurance Company Limited (BOCGL) (HK). The outlook for both ratings is stable. The ratings of BOCGL reflect its improved capitalization and leading market position in HK. The ratings also recognize the strong operational and capital support provided by ...
HK?s LegCo Passes TIE Framework Bill
HK?s Legislative Council on July 10 enacted the Inland Revenue (Amendment) Bill 2013 that enables the Government to enter into stand-alone tax information exchange agreements (TIEAs) with other jurisdictions where necessary. The provisions of the bill will allow an enhancement of the existing exchange of information (EoI) arrangements under comprehensive avoidance of double taxation ...
Sales of property in HK fell last month but prices are stable
The volume of residential transactions in the first half of 2013 in HK dropped 32.1% year on year, according to Land Registry but prices are stable. The lowest sales volumes so far this year was recorded in April, when only 3,427 transactions were recorded, lower than the SARS affected period of 2003, says the July monthly report from Knight Frank. Transactions in the secondary market ...
New China Life Falls as Zurich Insurance Sells HK Mover
New China Life Insurance Co. (1336) shares are on track for their biggest fall in four months in HK after Zurich Insurance Co. sold 97.5 million shares in the third-biggest Chinese life insurer by premium income last year. The stock dropped as much as 5 percent, the most since March 13, and was down 4.8 percent at HK$22.90 at the midday break. Zurich Insurance sold the shares at HK$22.50 each, ...
HK?s exchange fund falls $2.4b
The exchange fund?s foreign assets in HK decreased by 18.9 billion HK dollars (about 2. 4 billion US dollars) to 2.5 trillion HK dollars in June, the HK Monetary Authority said here Friday. The Monetary Base, comprising Certificates of Indebtedness, government issued currency notes and coins in circulation, the Aggregate Balance and Exchange Fund Bills and Notes issued, amounted to 1.2 ...
HK third-biggest investor in Burma
Mainland China is the biggest investor in Burma, with US$14.19 billion of cumulative investments, while HK ranks third with US$6.39 billion, PricewaterhouseCoopers revealed yesterday. Thailand was the second-biggest investor in its southeast Asian neighbour, with a cumulative investment of US$9.98 billion, said Jasmine Aung, Burma director at PwC. The Myanmese government was preparing to ...
HK lawmakers slam Washington for Snowden censure
HK lawmakers hit back yesterday at US disappointment with the city and Beijing for not handing over surveillance leaker Edward Snowden. They passed a proposal to write to Congress and the White House condemning the comments and demanding an investigation of cyberspying activities against HK residents. Beijing meanwhile described HK?s action in letting Snowden leave the city as ...
Taiwan tightens visa applications for Pinoys
The Taipei Economic and Cultural Office (TECO) has tightened its procedures for visa applications of Filipinos as part of Taiwan?s sanctions against the Philippines in the aftermath of the May 9 fatal shooting of a suspected Taiwanese poacher in Philippine waters. Manila Economic and Cultural Office (MECO) chairman Amadeo Perez, meanwhile, yesterday stood by his statement that the hiring ...
Taiwan braces for powerful Typhoon Soulik
Taiwan on Friday canceled dozens of international flights and evacuated more than 1,000 people from a vulnerable coastal village as a powerful typhoon threatened to bring strong winds and heavy rains to the island. China was also making preparations in advance of the arrival of Typhoon Soulik, the first of the year to hit the region. Taiwan?s Central Weather Bureau said at 4 p.m. ...
Source: http://www.nepalnews.net/index.php/sid/215827840/scat/bf053b50c46383e0
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