Asian stocks fell Tuesday in the absence of fresh cues following a market holiday in the U.S.Japan’s Nikkei 225 stock average fell 82.22 points, or 0.8 percent, to 9,686.48 and Australia’s S&P/ASX 200 dropped 0.7 percent to 4,401.10.In Seoul, the Kospi lost 0.6 percent to 1,630.41 and Taiwan’s benchmark fell 0.9 percent to 7,307.16. Hong Kong’s Hang Seng bucked the trend, rising 0.1 percent to 19,787.89. U.S
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Asian shares lower after US holiday
As is to be expected, there’s been a launch of parody sites and attempted hijackings of the new Tourism Australia campaign “There’s Nothing like Australia”. And actually they’re worth checking out.See http://www.nothinglikeaustralia.net/ for some parody entries of the first phase in the campaign that asked Australians to send in the…
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Tourism Australia campaign hijacked
President Hu Jintao called for greater attention to be paid in safeguarding children in a speech for the annual Children’s Day holiday, in a year that has seen a slew of violent attacks in schools in China.A series of assaults by lone attackers against schoolchildren in the last two months across China have left 17 dead and more than 50 wounded, raising concerns about the safety of schools and the ability of China’s massive security apparatus to prot…
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China president urges society to protect children
Adding insult to injury, every time inexperienced or incompetent medical staff makes a mistake – occasionally fatal, Hong Kong’s Hospital Authority metes out different forms of lenient punishments. From warning letters to pay freezes, such disciplinary actions are met with criticism by the public.
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Lenient punishments for offending nurses, doctors
New Zealand police were hunting Tuesday for a burglar who choked a family’s pet dog to death in front of a teenager after it tried to defend the home during a break-in. The masked intruder strangled the 4-year-old boxer with its own leash when the dog named Troy tried to drive off the robber in the southern city of Christchurch on South Island, house owner Fern Gaber said. Her son, Tyler Corbett-Gaber, 13, was home ill and asleep in his room when the man broke into the …
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Dog strangled, killed by thief in front of NZ teen
“Compassionate capitalism will be the way of the future” and is the only way that for-profit companies will be able to sustain themselves in developing markets, according to Asher Hasan, Founder and CEO of Naya Jeevan, a nonprofit social enterprise dedicated to providing health insurance to disadvantaged families. Hasan told an audience here at the Asia Society that Naya Jeevan’s mission is to “alleviate poverty by providing affordable access to quality catastro…
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‘Compassionate capitalism’ for the developing world
Prime Minister Najib Tun Razak gets a cold reception, writes Asia Sentinel. Just how difficult it will be to modify Malaysia’s affirmative action program for its majority ethnic Malays came clear over the weekend when some 1,500 members of the Malay Consultative Council sum…
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Malay nationalists trash premier’s economic plan
A late night dip in the Changjiang River in Chongqing, China resulted in a harrowing experience for painter/decorator, Xiao Chen, aged 25, who was too embarrassed to cry out for help after he became stuck in river silt. Trapped for eleven hours, he did not call for help even though he had a working mobile phone
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Embarrassed man would rather die than ask for help
Afghan authorities suspended two Christian foreign aid groups Monday on suspicion of proselytizing in the strictly Islamic nation and said a follow-up investigation would include whether other groups were trying to convert Muslims. U.S.-based Church World Service and Norwegian Church Aid will not be allowed to operate while the allegations, aired Sunday on Afghan television, are investigated, said Mohammad Hashim Mayar, the deputy director of the Afghan government office that o…
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2 Christian aid groups suspended in Afghanistan
Panasonic Corp. is banking on the solar-panel business that it gained by acquiring domestic rival Sanyo, aiming for top market share of at least 35 percent in Japan by 2012. New solar generation products, being offered in Japan starting next month, combine Sanyo Electric Co.’s solar technology with Panasonic’s sales networks in appliances and housing, said Panasonic Executive Vice President Toshihiro Sakamoto.
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Panasonic aims to be Japan No. 1 in solar business
A news conference in New Zealand came to an awkward halt Monday after the country’s prime minister acknowledged having had a vasectomy. Prime Minister John Key was responding to questions about funding changes to early childhood education centers when he was asked whether he would send his children to one with fewer qualified teachers on its staff
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NZ prime minister acknowledges vasectomy
The Sri Lankan government says that the upcoming Indian film awards will be a success despite protests by sections of Indian film industry against their superstars taking part in the event. Some film artists and directors have protested against Bollywood stars slated to participate in the International Indian Film Awards this weekend in Colombo citing alleged killings by Sri Lankan forces of ethnic Tamil civilians in the final stages of the island’s civil war. The prote…
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Sri Lanka: Protests won’t deter film awards
Kobi Graham, a lifeguard star of the Australian reality television series “Bondi Rescue,” said Monday he was lucky to avoid paralysis and death when he broke his neck in a surfing wipeout. The 30-year-old lifeguard from Bondi Beach in Sydney’s east was surfing at Cape Solander in southern Sydney on Sunday when he said he landed head-first on a reef, cracking two vertebrae in his neck. “All I was thinking was —hoping, praying — that I had movement because I h…
Budget carrier AirAsia said Monday it posted a net profit of 224 million ringgit ($69 million) in the first quarter of 2010, thanks to strong passenger growth and rising income from in-flight services. Profit for the three months through March grew 10 percent from 203 million ringgit a year earlier, AirAsia said in a statement.
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Malaysia’s AirAsia posts 1Q profit of $69 million
Taiwan’s AsusTek Computer Inc. unveiled Monday a portable tablet computer that runs on Microsoft’s Windows 7 operating system, joining a slew of manufacturers trying to tap demand for the sleek devices following Apple’s launch of the iPad. AsusTek is among several Taiwanese computer makers to display tablet PCs at the five-day Computex Show in Taipei that opens Tuesday
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Taiwan’s AsusTek unveils tablet computer
An Indonesian court sentenced an Islamist militant Monday to eight years in prison for helping fugitive suspects in last year’s bombings at two hotels in the capital. Aris Susanto was found guilty by the South Jakarta District Court of violating the anti-terrorism laws by assisting Saefudin Zuhri and Ibrohim, two main suspects in the suicide bombings on the Marriott and Ritz Carlton hotels in Jakarta.
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Indonesian gets 8 years for harboring terrorists
The death toll from a devastating earthquake that struck a remote Tibetan region in western China has risen to 2,698, officials said Monday. Another 270 people remained missing after the April 14 earthquake that flattened tens of thousands of houses in Yushu county, the official Xinhua News Agency cited Qinghai Vice Governor Zhang Guangrong as telling reporters
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China says final toll from April quake near 2,700
Thailand’s House of Representatives began debate Monday on a censure motion against the coalition government of Prime Minister Abhisit Vejjajiva, focusing on its deadly crackdown on anti-government Red Shirt protesters earlier this month. The opposition Puea Thai Party alleges the army used excessive force that resulted in civilian casualties when it moved in using live ammunition to end the two-month-long protest.
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Thai Parliament debates crackdown on Red protest
The Queensland government hosted its “Queensland Grown” producer-restaurant exchange yesterday on the last day of autumn. The focus was on winter produce and passionate people who supply the providors with excellent stuff. Some were new exhibitors as the gourmet food chain lengthens
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Queensland grown – winter produce 10
The Philippine president-apparent vowed to bring to justice members of a powerful political clan charged in the country’s worst massacre of 57 people, telling European Union ambassadors Monday that he will not tolerate armed groups outside the law.Sen. Benigno Aquino III, who is awaiting an official proclamation by the Philippine Congress following May 10 presidential elections, told reporters he discussed the Nov.
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Aquino promises justice for Philippine massacre