Last Update: 5:11 am ET

ASEAN Stock Market Outlook‏

A bumpy wee on Wall St did not stop the ASEAN exchanges from advancing, Jakarta set an all time high, Thailand, Singapore and Malaysia also out performed global rivals.
Next week looks like another good week for ASEAN stocks and the best of the market should be Miners, Banks and Air Lines, look [...]

Read More » No commentJuly 31, 2010

Google: Search engine blocked in mainland China

MOUNTAIN VIEW, Calif. – Google says people in mainland China are being blocked from using its Internet search engine.
The company posted a Thursday notice about the new barrier without any other details. A Google spokesman in the U.S. says he is still trying to gather information about the situation in China.
It’s the latest [...]

Read More » No commentJuly 30, 2010

US to press China, UAE, others on Iran sanctions

WASHINGTON (AFP) – The United States announced Thursday that top officials will fan out starting next week to China, the United Arab Emirates, and other key countries in support of tighter sanctions against Iran.
“China is of concern to us in this regard,” Robert Einhorn, the US State Department’s special adviser for [...]

Read More » No commentJuly 30, 2010

Toyota recalls 412,000 cars in US to fix steering

NEW YORK – Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It’s the latest indication that the automaker is still struggling with vehicle problems even as it works to overhaul quality [...]

Read More » No commentJuly 30, 2010

Rivers burst, floods kill at least 60 in Pakistan

PESHAWAR, Pakistan – Rivers burst their banks during deadly monsoon rains lashing Pakistan, washing away streets, battering a dam and submerging thousands of homes, officials said Thursday.
The hardest hit region was the northwest, where at least 60 people died and hundreds of thousands were stranded in the region’s worst flooding in [...]

Read More » No commentJuly 30, 2010

Indian watchdog alleges graft in Commonwealth Games works

NEW DELHI (AFP) – An Indian anti-corruption body has found a host of problems with construction work for the New Delhi Commonwealth Games, including the use of poor quality materials and dubious contracts.
The chief technical examiner from the Central Vigilance Commission (CVC) inspected 15 sites around the national capital and found a [...]

Read More » No commentJuly 30, 2010

Bangladesh urges garment workers to accept wage hike

DHAKA (AFP) – Bangladesh’s Labour Minister urged millions of garment workers on Thursday to accept a new 80-percent wage hike, which looks set to end months of violent protests over pay and conditions.
The government said Tuesday it would raise the minimum wage from 1,662 taka, the lowest industry salary worldwide, to 3,000 [...]

Read More » No commentJuly 30, 2010

Britain, India unite to pressure Pakistan over terror

NEW DELHI (AFP) – Britain and India pressed Pakistan on Thursday to tackle militant groups operating from its soil as British Prime Minister David Cameron wrapped up a two-day, trade-driven visit to the country.
Cameron’s trip, seen as test of his much-hyped business-oriented foreign policy, was engulfed from the start by the [...]

Read More » No commentJuly 30, 2010

British PM works to deepen Indian economic ties

NEW DELHI – British Prime Minister David Cameron said Thursday that his visit to India had deeply strengthened the bonds between Britain and its former colony, whose burgeoning economy he wants to help his own country recover from a brutal recession.
Cameron and Prime Minister Manmohan Singh hailed a string of agreements [...]

Read More » No commentJuly 30, 2010

ASEAN Markets Consolidate Gains‏

Over Night trading in the USA will bring some pressure to regional exchanges today however, the trend of late in ASEAN has been to consolidate during soft periods on the US exchange followed by gains during USA rallys. So, today is a good day to be buying in ASEAN.
The Jakarta Composite [...]

Read More » No commentJuly 30, 2010