Asia stocks fallen after US Federal Reserve hints at stimulus phaseout
Asian stock markets fell Thursday after the U.S. Federal Reserve made it known that its top officials were leaning toward phasing out its massive stimulus program. The Fed released minutes of its July policy meeting Wednesday that showed most members want to slow down the pace of a massive bond-buying program. The U.S. central bank […]
India’s gov’t struggles to halt rupee slide as financial crisis deepens
Indians returning from abroad bring nearly 3,000 flat screen televisions into the country a day, turning airport luggage belts into revolving electronics displays. A stiff new customs duty aims to sink that popular trade as officials scramble to halt a dizzying plunge in the rupee. The 36-percent TV tax is the latest in a slew […]
Israel-Palestine to make “dramatic decisions” to reach final agreement
Israel will make “dramatic decisions” to reach a final peace agreement that will end the conflict with the Palestinians, Israel’s chief negotiator said Tuesday while warning that hawks inside Prime Minister Benjamin Netanyahu’s coalition are making her job more difficult. Tzipi Livni’s remarks came as a senior Palestinian official said that Israeli and Palestinian negotiators […]
China-Kenya sign US$ 5 billion funding agreement for development projects
The state visit to China by Kenyan President Uhuru Kenyatta has effectively helped unlock billions of dollars to finance several Vision 2030 Flagship projects, officials said on Tuesday. The Vision 2030 Delivery Secretariat (VDS) Director General Mugo Kibati said the funding commitments extended by the Chinese government and related development agencies have provided a new […]
Fast growing population, a challenge for Bangladesh’s capital city
DHAKA – Bangladesh’s capital city Dhaka is going to face a tough challenge with its fast growing population, now expected to hit over 20 million by 2025. According to official statistics, Bangladesh’s population at this moment is about 150 million out of which 15 million live in Dhaka city. Experts say the prospect of 20 […]
India launches first home-built aircraft carrier, bolstering naval capabilities
India has launched its first home-built aircraft carrier, marking another milestone in its efforts to bolster its maritime presence. Defense Minister A.K. Antony said Monday that India needs a strong navy to defend itself, and that it will press ahead with developing its maritime capabilities. India joins the U.S., Russia, France and Britain in building […]
Vietnam-New Zealand vow to strenghten all-sided cooperation in economy
Vietnamese Prime Minister Nguyen Tan Dung met here on Tuesday with visiting New Zealand’s Governor- General Jerry Mateparae, saying the latter’s visit is an important contribution to lifting bilateral ties to a new level. Vietnam attaches importance to further promoting all-sided cooperation with New Zealand, especially in economy, trade and investment, said Nguyen Tan Dung. […]
Vietnam-China vow to deepen bilateral comprehensive strategic partnership
Vietnamese Prime Minister Nguyen Tan Dung met with Chinese Foreign Minister Wang Yi here on Monday. Vietnam and China are two neighboring countries that share mountains and rivers, and have similarities and common interests, Nguyen said, adding the party and government of Vietnam always bear in mind and appreciate the great help and support rendered […]
China-Malaysia vow to boost cooperation on basis of bilateral achievements
China, Malaysia hail cooperation, pledge deeper ties China and Malaysia vowed to further boost relations and cooperation on the basis of bilateral achievements made in recent years. During his meeting with Chinese Foreign Minister Wang Yi on Thursday, Malaysian Prime Minister Najib Razak said despite progress in all-round cooperation, bilateral relations still have great potential […]
China, Japan, S. Korea launch 2nd round of trilateral FTA talks in Shanghai
China, the Republic of Korea (ROK) and Japan started their second round of trilateral talks on a free trade agreement (FTA) on Tuesday. The talks, which will end on Friday, will cover the cargo and service trade, rules of origins, customs procedures, trade remedies, intellectual property rights and e-commerce, said Yu Jianhua, a representative for China’s international trade negotiation. […]
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