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Asia

Facebook in deal to sell site credits in Asia

KUALA LUMPUR, Malaysia – Facebook is partnering with a Malaysian company to sell credits at retail outlets across Asia for the first time, aiming to make it easier for millions of people to purchase virtual goods and play games on the social networking site while boosting revenue for developers.
Electronic payments company MOL [...]

Read More » No commentJuly 13, 2010

Asia Foundation new head to back ‘quiet champions’

WASHINGTON (AFP) – The Asia Foundation on Monday named the head of the American University in Cairo as its president, who pledged to build on the group’s network in Asia to support “quiet champions” for greater rights.
David Arnold, who has led the American University in Cairo since 2003, will take over [...]

Read More » No commentJune 7, 2010

ADB: Asia economies rebound, need to adjust policy

MANILA, Philippines – The Asian Development Bank raised its regional growth forecast this year from 6.6 percent to 7.5 percent on Tuesday but warned that governments need to adjust policies to avoid shocks that could hamper their recovery.
China is forecast to grow by 9.6 percent, after last year’s 8.7 percent [...]

Read More » No commentApril 14, 2010

Healthy Coffee (OTC:HCEI) to Hit Asia with New MLM Business

HEALTHY COFFEE INTERNATIONAL, INC. (OTC: HCEI.PK) www.hcei.biz is focused on bringing health to the world’s most popular and widely distributed drink, coffee. The company’s proprietary formulas combine the health benefits of Ginseng, Reishi Mushroom, and other top quality ingredients with the world’s finest coffee beans to create a line of [...]

Read More » No commentApril 8, 2010

Bumi Lands Japan Coal Sale, Stock Surges

Indonesia’s largest coal producer Bumi, confirmed on Monday its coal unit has concluded a supply agreement to sell coal of 6,700 kcal/kg gross air-dried (GAD) at $104 a tonne, FOB to a large Japanese customer.
The coal will be delivered for the Japanese fiscal year of between April 2010/March 2011, the firm said [...]

Read More » No commentApril 8, 2010

Asia pollution circles the globe in stratosphere

WASHINGTON (AFP) – Pollution from Asia’s booming economies rises into the stratosphere during the monsoon season then circles the world for years, according to a report out Thursday.
A study by the Boulder, Colorado-based National Center for Atmospheric Research (NCAR) said the strong air circulation patterns linked to Asia’s monsoon rainy [...]

Read More » No commentMarch 26, 2010

‘JihadJane’ recruited in US, Europe, Asia

WASHINGTON (AFP) – A US woman operating online under the name “JihadJane” recruited jihadist fighters in the United States, Europe and Asia in a bid to carry out terror plots “or die trying,” prosecutors said.
US authorities said middle-aged Pennsylvania resident Colleen LaRose, who was arrested in October 2009, spent more than a year networking [...]

Read More » No commentMarch 10, 2010

Global markets rout hits Asia

HONG KONG (AFP) – Mounting fears about tattered government finances in Europe drove the euro down and hammered stock markets across Asia on Friday following New York’s worst finish since November.
The European currency sank to an eight-month low with risk-averse investors bolting for the safe-haven dollar, despite concern that US jobs data out later in [...]

Read More » No commentFebruary 6, 2010

Asia stocks extend losses after Wall Street tumble

HONG KONG – Asian stocks markets extended their slide Monday after Wall Street suffered its biggest rout since the depths of last year’s financial crisis.
Most markets dropped by about 1 percent or less as the region headed for its fourth day of losses. The dollar eased against the yen and the euro, while oil prices [...]

Read More » No commentJanuary 25, 2010

2004 Indian Ocean tsunami lessons applied in Haiti

BANGKOK – The effort to help Haiti recover from its devastating earthquake can draw on lessons learned in other large-scale tragedies, particularly the 2004 Indian Ocean tsunami that killed at least 230,000 people across a dozen countries, rescue officials say.
The same scenes of bodies littering the ground or stacked along roadways in Haiti are flashbacks [...]

Read More » No commentJanuary 22, 2010