Asia

  • China's dream of electric car leadership elusive
    0b838c90-a6f8-452b-87b8-220799cd8699_news.ap.org 2012-04-24 07:37:35 UTC
    BEIJING (AP) — China's leaders are finding it's a lot tougher to create a world-beating electric car industry than they hoped. In 2009, they announced bold plans to cash in on demand for clean vehicles by making China a global power in electric...
  • Oil little changed, investors weigh global economy
    Oil_prices 2013-01-18 20:16:30 UTC
    NEW YORK (AP) — The price of oil remained at a four-month high Friday after new data showed China's economy rebounded and a global demand forecast rose. Benchmark oil for February delivery rose 7 cents to finish at $95.56 per barrel on the ...
  • Asian stocks fall as European problems simmer
    Vbk-asian_stocks_1061925f 2012-04-23 05:12:04 UTC
    BANGKOK (AP) — Asian stocks fell Monday after budget talks in the Netherlands collapsed over the weekend and a Socialist who wants to put France's austerity plans in reverse won the first round of the country's presidential election. Japan's Ni...
  • Pakistan moves against airline after crash
    628x471 2012-04-21 05:12:21 UTC
    ISLAMABAD (AP) — Pakistan blocked the head of an airline whose jet crashed near the capital from leaving the country as it began an investigation Saturday into the country's second major air disaster in less then two years. The Bhoja Air passen...
  • Experts: NKorea missile carrier likely from China
    Untitled 2012-04-20 06:31:12 UTC
    TAIPEI, Taiwan (AP) — The enormous, 16-wheel truck that North Korea used to carry a missile during a recent parade likely came from China in a possible violation of U.N. sanctions meant to rein in Pyongyang's missile program, experts say. The c...
  • India tests long-range missile; capable of reaching China
    India 2012-04-19 05:30:06 UTC
    BHUBANESWAR, India (Reuters) - India test-fired a long range missile capable of reaching deep into China and Europe on Thursday, thrusting the emerging Asian power into an elite club of nations with intercontinental nuclear weapons capabilities. ...
  • Exclusive: Hong Kong moves closer to bank liability for IPOS
    Hong_cong 2012-04-19 05:02:38 UTC
    (Reuters) - Hong Kong's financial market watchdog is launching a public consultation process in the next couple of weeks that seeks to toughen rules for banks sponsoring initial public offerings, including holding them liable for faulty deal docum...
  • U.S. looking at "all options" on North Korea as nuclear test looms
    R 2012-04-17 07:59:52 UTC
    SEOUL (Reuters) - The United States is looking at "all options" as it seeks to discourage North Korea from conducting a third nuclear test, a senior U.S. military officer said on Tuesday, days after a failed long-range rocket launch by the North t...
  • Japan vows $60 billion to boost IMF firepower
    Untitled 2012-04-17 05:50:19 UTC
    TOKYO (Reuters) - Japan said on Tuesday it will provide $60 billion in loans to the International Monetary Fund, becoming the first non-European nation to commit money to boost the fund's financial firepower to contain the euro zone debt crisis. ...
  • U.N. council set to condemn North Korean rocket launch
    Untitled 2012-04-16 04:06:31 UTC
    UNITED NATIONS (Reuters) - After days of closed-door haggling, the U.N. Security Council is hoping to adopt a statement on Monday condemning North Korea's botched rocket launch and suggesting an expansion of a U.N. blacklist of North Korean firms ...
  • China gives currency more freedom with new reform
    C31245d6b5949cecf787fff122c0-grande 2012-04-14 05:24:12 UTC
    BEIJING (Reuters) - China took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial mar...
  • Finally! Angelina Jolie, Brad Pitt get engaged
    Bildschirmfoto_2012-04-14_um_00.31.02 2012-04-13 22:42:10 UTC
    NEW YORK (AP) — It's official: Brangelina is engaged. Brad Pitt and Angelina Jolie haven't set a wedding date yet, but their engagement "is a promise for the future," Pitt's manager, Cynthia Pett-Dante, said in an email Friday. Pitt, 48,...
  • Obama: will isolate North Korea further after failed launch
    Obama_nord_korea 2012-04-13 22:33:51 UTC
    WASHINGTON (Reuters) - U.S. President Barack Obama said on Friday the United States would work with the international community to further isolate North Korea after the country's unsuccessful launch of a long-range missile drew worldwide condemnat...
  • Human trafficking victims in Azerbaijan mainly taken out to Turkey and Iran
    Soori20111104134233030 2012-04-13 17:25:44 UTC
    In the first quarter of this year 39 criminal facts in connection with human trafficking were registered in Azerbaijan, the head of department for combating human trafficking of the Interior Ministry, Javad Shikhaliyev, told Trend on Friday. Du...
  • GM Uzbekistan 22 per cent decrease in car sales in Russia
    C150ce81f128 2012-04-13 17:18:37 UTC
    GM Uzbekistan JV sold 14,092 cars in Russia in January-March 2012, or 22.4 per cent less compared to the same period of 2011, the Automobile Manufacturers Committee of the Association of European Businesses said on Wednesday. In particular, 844...
  • British PM, Suu Kyi back suspension of Myanmar sanctions
    Myan 2012-04-13 17:05:54 UTC
    YANGON (Reuters) - British Prime Minister David Cameron and Myanmar opposition leader Aung San Suu Kyi gave powerful backing on Friday for suspending sanctions on the country, a stark shift in stance and a boon for a pariah state eager to come in ...
  • U.S. stops food aid to North Korea after missile launch
    Aid 2012-04-13 16:09:59 UTC
    WASHINGTON (Reuters) - The United States will not go forward with planned food aid to North Korea, the White House said on Friday, after the impoverished nation's unsuccessful launch of a long-range missile which Washington had warned would have c...
  • Somali pirates release Panama-flagged ship amid ransom reports
    Lugela 2012-04-12 16:07:31 UTC
    HARGEISA (Reuters) - Somali pirates have released a Panama-flagged vessel they seized two months ago allowing it to continue on its way to the breakaway enclave of Somaliland, the ship's agent and a government official said on Thursday. Pirates...
  • Defiant North Korea begins injecting fuel into rocket
    Screen_shot_2012-04-11_at_9.28.04_am 2012-04-11 16:24:51 UTC
    PYONGYANG (Reuters) - Impoverished North Korea rejected international protests over its planned long-range rocket launch and said on Wednesday that it was injecting fuel "as we speak", meaning it could blast off as early as Thursday. If all goe...
  • Japan ship insurer sets new rules on Iran oil voyages
    Oil_tanker_in_japan 2012-04-11 06:32:54 UTC
    TOKYO (Reuters) - Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said. The United States and Europ...
  • Manila summons China's envoy over South China Sea standoff
    Reg_as_pol_lg_1994 2012-04-11 02:56:15 UTC
    MANILA (Reuters) - The Philippines summoned China's ambassador in Manila on Wednesday for talks over a disputed area in the South China Sea after two large Chinese surveillance ships blocked a Philippine Navy vessel from arresting Chinese fisherme...
  • Clinton warns of "additional provocations" from North Korea
    Hillary-clinton-46_1201962c 2012-04-11 01:06:35 UTC
    ANNAPOLIS, Maryland (Reuters) - U.S. Secretary of State Hillary Clinton warned on Tuesday that history points to "additional provocations" from North Korea after its expected rocket launch this week, suggesting isolated Pyongyang feared closer rel...
  • Exclusive: China's ZTE planned U.S. computer sale to Iran
    2012-04-10t145606z_1_cbre83915hm00_rtroptp_2_international-us-zte-iran-aryacell 2012-04-10 20:59:25 UTC
    (Reuters) - China's ZTE Corp, which recently sold Iran's largest telecommunications firm a powerful surveillance system, later agreed to ship to Iran millions of dollars worth of embargoed U.S. computer equipment, documents show. The American c...
  • China, between a rocket and a hard place on North Korea
    Screen_shot_2012-04-09_at_7.51.22_pm 2012-04-10 02:49:25 UTC
    BEIJING (Reuters) - A joke circulating among officials in Beijing pretty much underlines the bind China is in over North Korea's plans to send a satellite into space. North Korea's young ruler Kim Jong-un phones a Chinese leader to tell him abo...
  • U.S. tells North Korea not to carry out nuclear test
    Korea_full_380 2012-04-10 01:05:13 UTC
    WASHINGTON (Reuters) - The United States urged North Korea on Monday not conduct a nuclear test or launch a satellite and called on China to exert its influence over its neighbor to try to ward off such "provocative actions." North Korea, which...