A University of Florida college football player has been charged with interfering with a police canine and resisting arrest, after he was spotted barking at a police dog. According to Sky News, Antonio Morrison was arrested early Sunday on two misdemeanours and Alachua County Sherriff's Office said that the footballer walked up to an open window of a police car and barked at a dog called ...
Korea?s Lotte Department Store Mulls Singapore Trust Listing
Lotte Department Store, South Korea?s largest department-store operator by revenue, is considering jumping on the trust-listing bandwagon in Singapore, and could raise at least $1 billion. The company is looking to list some of its retail mall assets in the form of a trust in Singapore, people with knowledge of the deal said Monday. The IPO is likely to be in the fourth quarter or early ...
Russel N. Korea faces ?fundamental choice?
A senior US State Department official urged North Korea Monday to make a ';fundamental choice'; between endless isolation and a path for the well-being of its people. Daniel Russel, assistant secretary of state for East Asian and Pacific affairs, stressed the US will stick to a ';rules-based, principled approach'; toward North Korea despite Pyongyang?s recent peace ...
N Korea Leader?s aunt ?missing for months?
';Madame Kim'; ? the aunt of North Korean leader Kim Jong-un who?s said to wield much power in the regime ? hasn?t been seen for nearly three months, reports suggest. Kim Kyung-hee, sister of late leader Kim Jong-il, last attended an official event in May, according to the South Korean newspaper Chosun Ilbo. She?d featured on state TV a month earlier ...
Copper Trades Near One-Month High Amid China Speculation
Copper traded near the highest level in a month amid speculation the government in China, the world?s biggest consumer, may ready to step in to boost growth. Metal for delivery in three months on the London Metal Exchange was little changed at $7,035.25 a metric tonne at 11:18 a.m. in Shanghai. The price climbed to $7,053 yesterday, the highest since June 18. Premier Li Keqiang?s ...
China Sees 7pct as Bottom-Line Growth Tolerable in Slowdown
Premier Li Keqiang?s government sees 7 percent growth as the bottom line for tolerance of an economic slowdown, Chinese news organisations reported, signaling the nation will act to support expansion if needed. Expansion below 7 percent won?t be tolerated because China needs to achieve a moderately prosperous society by 2020, according to a commentary published July 21 by the ...
China?s Interest-Rate Reform Starting Or Stalling
On Friday, the People?s Bank of China announced it was eliminating the floor on lending rates. Prior to the change, which was effective yesterday, banks could not charge less than 30 percent of the benchmark rate set by the PBOC, the nation?s central bank. Reaction to the move has been ? with justification ? overwhelmingly positive. ';Previously, people had thought ...
China Freeing Lending Rates Puts Focus on Saver Returns
The biggest step yet by China?s new leaders to move the nation?s financial system toward market-set lending rates heightens focus on what the central bank says is an even tougher reform: lifting restrictions on savers? returns. The People?s Bank of China ended a floor on borrowing costs previously set at 30 percent below the benchmark, it said July 19. The limit on ...
A revealing map of how the world views China vs. the US
A new Pew survey of people in 39 countries from around the world finds that people tend to have a more favourable view of the United States than they do of China, but with wide variations across regions and countries. It?s a compelling dataset, a sign of shifting global attitudes toward two of the world?s most powerful countries and a glimpse into the complex world of public opinion ...
China to consider complaints of alleged Beijing airport bomber
With public sympathy mounting for a disabled man who allegedly set off a homemade explosive at Beijing?s international airport, Chinese authorities say they will reexamine his complaints about being inadequately compensated after low-level municipal code enforcers allegedly beat him to the point of paralysis. Ji Zhongxing, 33, has been identified by authorities as the man who detonated a ...
China?s ex-leader says nothing to fear from disputes with U.S
Former Chinese president Jiang Zemin, who broke China out of diplomatic isolation in the post-Tiananmen era, has made a rare return to public life, saying that his country should not fear disputes with Washington and that honest dialogue is needed. Ties between the world?s two largest economies have been strained of late by US accusations of Chinese hacking attacks, and China?s ...
Chinese Rocket Engine Test a Big Step for Space Station Project
China has successfully test-fired the rocket engine that will power the next-generation heavy-lift booster, the Long March 5, that will help drive the country?s space exploration into the final frontier. The new rocket engine is closely tied to China?s planned space station, and is a big step forward for the country?s moon exploration programme. The first engine test, carried ...
AmorePacific Cutting-edge cosmetics for Asian beauty
/enpproperty--> With its patented cushion technology, South Korean cosmetics giant AmorePacific is expanding its global business to lead the "Korean beauty" trend. In 2008, the company introduced the world's first multifunctional cushion-type cosmetics that have gained immense popularity in global markets. It has since filed patent applications across the world including ...
Hopes for China-ASEAN Expo to boost ties
/enpproperty--> China will expand imports from the Association of Southeast Asian Nations to balance bilateral trade while urging cooperation in an upcoming expo after South China Sea territorial disputes caused rifts with some of the organization's 10 members, a senior commerce official said on Tuesday. "Bilateral trade with ASEAN members is basically balanced and we ...
Many feared dead as boat sinks off Indonesia reports
SYDNEY (AFP) - An asylum-seeker boat heading for Australia has sunk off Java in Indonesia with unconfirmed reports Wednesday that up to 60 people are dead or missing.The Australian Maritime Safety Authority (AMSA) confirmed to AFP that a rescue operation was underway, but said it was being coordinated by Indonesian authorities."We are aware of an incident south of Java. Indonesian ...
Asian stocks rise Japan gets election boost
Asian markets advanced Monday after China removed a floor on banks? lending rates and Japan?s ruling government regained control of the parliament?s upper house, raising hopes for further reforms in both economies. Japan?s Nikkei Stock Average JP:NIK +0.87 percent rose 0.5 percent, the Shanghai Composite CN:SHCOMP +1.43 percent added 0.6 percent and Hong Kong?s ...
Asian Stocks Advance on China Growth Fed Stimulus
Asian stocks rose, extending a two-month high, after Premier Li Keqiang said China?s economy won?t grow any slower than 7 percent and as US housing data damped concerns the Federal Reserve will reduce stimulus. Industrial & Commercial Bank of China Ltd, the world?s second-biggest lender by market value, jumped 4.1 percent in Hong Kong. Samsung Electronics Co., the largest ...
The rightful place of HK in the yuan?s internationalisation
According to the Hong Kong Monetary Authority, that was the first time that the volume of renminbi cleared under HKMA?s Real Time Gross Settlement (RTGS) system exceeded that of the Hong Kong dollar. For the yuan, daily turnover was 390 billion (HK$494 billion, or Bt1.97 trillion); for the Hong Kong dollar, it was 487 billion (Bt1.94 trillion). This latest milestone is significant on two ...
Mascotte Hareon to Build Solar Cell Production Plant in Taiwan
Mascotte Holdings Ltd (136), a maker of solar-grade silicon in Taiwan, plans to build a plant with Hareon Solar Technology (600401) Co. to produce 300 megawatts of solar cells annually in Taiwan. The companies also plan to develop solar power projects together, Mascotte said today in a statement to the Hong Kong stock exchange. Investment details weren?t disclosed. Hareon, which makes ...
Taiwan extends condolences to China?s quake victims
Taipei, July 22 (CNA) Taiwan expressed sympathy Monday through the Straits Exchange Foundation (SEF) over a magnitude-6.6 earthquake that struck the inland Chinese province of Gansu earlier in the day, leaving dozens of people dead and hundreds injured. On learning of the earthquake, the SEF sent a letter to its Chinese counterpart, the Association for Relations Across the Taiwan Straits ...
RPT-Fitch rates Taiwan?s Chailease?s bond ?A?
Fitch Ratings has assigned Taiwan-based Chailease Finance Co. Ltd?s (Chailease) proposed TWD1.4bn 1.6 percent senior unsecured bonds, maturing on 22 July 2018, a National Long-Term ?A(twn)? Rating. Key Rating Drivers The bonds are rated at the same level as Chailease?s National Long-Term Rating of ?A(twn)?, which has a Stable Outlook, as they represent ...
UPDATE 1-Taiwan June export orders shrink for 5th month China demand falls
Taiwan?s June export orders unexpectedly contracted for a fifth straight month, slipping 3.5 percent from a year earlier, as demand from China waned. The data points to a loss of momentum for trade-reliant Asian economies who are banking on a pick-up in the United States to buffer a slowdown in China. Taiwan?s government has cut the island?s growth outlook as it confronts ...
Source: http://www.nepalnews.net/index.php/sid/216019157/scat/bf053b50c46383e0
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