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Fear and loathing in Asia
The notion that Asia has decoupled from the US economy is dead. Initial smugness over America's financial woes gave way to a sense of panic last week as it dawned on regional markets...
Read ArticleJet Li: rising philanthropic star
When Jet Li was caught up in the tsunami that wreaked disaster on much of Southeast Asia in 2004, the experience served as "a proverbial wakeup call," he told Wong Kim Hoh in The Straits Times (Singapore)...
Read Article- Thailand - Exit polls from an election race for Bangkok's governor indicate that Democrat Party...
- China - A 5.7 magnitude earthquake shook China's northwestern province of Xinjiang...
- North Korea - North Korean leader Kim Jong-il made a public appearance at university soccer...
- Philippines - The last of 16 miners trapped for close to two weeks has been rescued and immediately arrested...
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Aso administration stumbles…
New Japanese prime minister Taro Aso received "a blow" to his Liberal Democratic Party leadership just four days after he took over the job, says Linda Sieg for Reuters. The headache came when his transport minister Nariaki Nakayama resigned after a "verbal gaffe" .....
The Week to Come
• The winner of the Nobel Peace Prize will be announced in the Norwegian capital Oslo on October 10; imprisoned Chinese dissident Hu Jia is tipped as a possible winner
• Taiwan celebrates National Day on October 10; President Ma Ying-jeou will deliver a speech at a rally and will lead the participants in chanting "Long Live the Republic of China" and "Long Live Taiwanese Democracy,&quo
Read ArticleThe man Singapore politicians loved to hate
Unrelenting Singaporean opposition politician Joshua B Jeyaretnam died before he had the chance to "fulfill his greatest dream of returning to parliament," writes Meera Vijayan in The Star (Malaysia). Faced with countless defamation lawsuits mounted by Singapore's undefeated People's Action Party.....
Would you believe it?
Two armed robbers in Malaysia had to leave behind most of their ill-gotten gains because their getaway car was too small, reports The Associated Press. The thieves held up guards in a security van containing $1.3 million at a shopping mall in Kuala Lumpur.......
Upmarket escorts... Photo faker
Upmarket escorts: Business at high-end social escort agencies jumped by a fifth as Formula One fans flocked to Singapore for the city-state's first Grand Prix. It was the best weekend of the year.......
Going in for the kill
As the bloodbath on Wall Street intensified last week, Asian financial institutions were circling for the kill. The scale of the carnage left even seasoned analysts slack-jawed. Goldman Sachs and Morgan Stanley's transformation from investment banks to government-regulated bank holding companies..
Read ArticleBenefit for blue chips
South Korean blue chips will be "the biggest beneficiaries" of the country's upgrade to developed market status on the FTSE global index, say the JoongAng Daily's Moon Gwang-lip and Seo Ji-eun. But investors should also remember to diversify their risk before they plunge into the current global bear....“
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