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East Asia
[Asia Round-up] It pays to be cautious about digital cash
The collapse of the bitcoin exchange MtGox tells a lot about both entrepreneurs and cyber buyers. Some US$450 million is said to have been lost from the debacle. The vision of inflation-less currency that can move easily and without cost between sender and receiver is an attractive one. But, one…
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South Asia
Indian man near a railway station
An Indian man stands at the doorway of a train at a railway station in New Delhi, India, Wednesday, May 14, 2014. Indian railway network is one of the world’s largest, with some 14 million passengers daily and some 64,000 kilometers (40,000 miles) of railway track cut through some of…
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South East Asia
[Asia Round-up] Keep the corpse-preserver out of our food
Most consumers were shocked by the news that fresh food and meat sold at markets were laced with formalin. According to the Department of Health’s tests, in some cases 59 per cent of collected samples were found to contain the chemical. The contaminated foods included fish, meat, fruit and vegetables.…
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East Asia
How long shall Lee Kun-hee be unconscious?
Samsung Electronics Chairman Lee Kun-hee has remained unconscious until Tuesday. It seems that it will take more time until he regains consciousness, according to sources, May 13. Samsung Medical Center (SMC) said Lee had briefly experienced trouble breathing but his condition then stabilized, though he remained under sedation. An SMC…
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West Asia
Graffiti in Jeddah, traditional Islamic city
A man walks by a graffiti on a wall in the old city of Jeddah, Saudi Arabia, Friday, May 9, 2014. Jeddah has been a traditional hub for commerce along the Red Sea and the port of entry for many Muslims traveling to Mecca to perform the religious obligations for…
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East Asia
Samsung, after Lee Kun-hee’s heart attack?
This event may precipitate the succession plan at Samsung After Lee Kun-hee’s sudden heart attack over the weekend, emerged the issue of succession plan at the Samsung business group again. It has become a matter of grave concern how Samsung’s succession plan will evolve. While business watchers guess that the…
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East Asia
[Asia Round-up] Crisis in Ukraine could be a harbinger of Taiwan’s future
The crisis in Ukraine has implications for Taiwan. Taiwan and Ukraine share similarities in relation to the big powers: Ukraine is torn between the European Union and Russia, and Taiwan between the United States and China. Russia’s latest intervention shows its keenness to reassert control over Ukraine. China has always…
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