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  • Asian Gold Premiums Hit New Highs as Europe Urged to Start Agressive QE

    FXstreet - Wednesday 22nd May, 2013

    London Gold Market ReportBULLION prices rose throughout Asian and early London trade on Wednesday morning, touching $1398 per ounce for the third time this week and recovering 4.4% from Monday's one-month low.Silver rose more steadily, and was capped below $22.80 as energy prices slipped and agricultural commodities held flat.Tuesday's retreat in the gold price today ...

  • Mostly Asian expat workers end UAE strike Arabtec

    Times of India - Wednesday 22nd May, 2013

    The vote followed the committee's decision to embrace a Republican move to ease restrictions on high-tech US companies that want to hire more skilled workers from countries like India and ...

  • British Top Diplomat Stresses Need for Syria Conference

    VOA - Wednesday 22nd May, 2013

    British Foreign Secretary William Hague speaks as Jordanian Foreign Minister Nasser Judeh (R) listens during their joint news conference before a meeting of the Friends of Syria alliance in Amman, May 22, ...

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  • Afghan President Asks India for Military Aid

    VOA - Wednesday 22nd May, 2013

    Afghan President Hamid Karzai has given a "wish list" of military equipment to India in hopes of securing more aid before international troops leave his country next ...

  • Bangladeshi volunteers haunted by rescue trauma

    West Australian - Wednesday 22nd May, 2013

    SAVAR, Bangladesh (AFP) - Mamun was hailed a hero for pulling survivors from the ruins of Bangladesh's Rana Plaza factory complex but now he struggles to sleep, haunted by the memory of sawing off a young woman's hand."I had never even touched the hand of a woman before but it was the only way to save her and the others," said the 22-year-old in an interview ahead of the ...

  • Malaysias Election Commission gazettes election results 21 days to file objections

    The Straits Times - Wednesday 22nd May, 2013

    Malaysia Election Commission Chairman Abdul Aziz Mohd Yusof at a press conference at the Election Commission headquarters in Putrajaya on May 3, 2013. Malaysia's Election Commission on Wednesday, May 22, 2013, gazetted the official results of the 13th General Election, the official Bernama news agency reported, citing Mr Abdul Aziz. -- ST FILE PHOTO: CAROLINE ...

  • IMF Sees Myanmar Growth At 6.7 This Fiscal

    RTT News - Wednesday 22nd May, 2013

    Myanmar's growth is set to accelerate slightly to 6.75 percent in the fiscal year ending March 2014 led by gas production and investment, the International Monetary Fund said on Wednesday. In an Article IV Consultation report, the IMF said ...

  • Drone strikes won’t end jehadi threat Pakistan’s govt must extend State’s writ in tribal areas ICG

    National Turk - Wednesday 22nd May, 2013

    A new report by International Crisis Group has said US drone strikes won't end jehadi threat in Pakistan's tribal areas and it was must for new government in Pakistan to extend State's writ in all tribal ...

  • Sri Lanka to resume refinery on Friday with Oman light crude

    Reuters - Wednesday 22nd May, 2013

    Wed May 22, 2013 9:06am EDT * Oman crude shipment of 1 mln barrels expected on Friday * Refinery built to process Iranian oil, yields low from Omani * Sri Lanka decides to import Murban light - minister * Sri Lanka has been buying Iran oil in mid sea - opposition MP By Shihar Aneez and Ranga Sirilal COLOMBO, May 22 (Reuters) - Sri Lanka's sole refinery, which was closed last week due to a ...

  • Sri Lanka to use summit to showcase developments

    China.org.cn - Wednesday 22nd May, 2013

    The Sri Lankan government on Wednesday said that it will use a key Commonwealth summit in November to showcase the post-war developments in the ...

  • US to push for major factory safety reforms in Bangladesh

    Channel News Asia - Wednesday 22nd May, 2013

    A US government delegation will visit Bangladesh this weekend to press for a major overhaul of factory safety following the nation's deadliest industrial accident, an official said ...

  • Montana parents quit Singapore inquest into sons death

    Billings Gazette - Wednesday 22nd May, 2013

    HELENA --The Veterans Affairs Montana Health Care System is preparing for a major renovation of its hospital at Fort Harrison, creating ...

  • Chevron to sell downstream assets in Egypt Pakistan

    albawaba - Wednesday 22nd May, 2013

    Chevron is the second largest oil company in US Chevron Corp is in advanced talks to sell most of its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major.Chevron, the second-largest U.S. oil company, is conducting a separate sale process for its assets in both countries, the banking sources said, speaking ...

  • Last bodies recovered from Indonesia mine collapse

    ABC Australia - Wednesday 22nd May, 2013

    Papua Rescuers have recovered the last seven bodies from a collapsed mine tunnel in Indonesia's Papua province, taking the accident's final toll to 28.A statement from the Indonesian subsidiary of Freeport-McMoRan says the final victims have been recovered and identified.The rescue team "recovered and identified the last of the remains of the buried workers early this ...

  • AirAsias profits hit by financing costs

    Yahoo - Wednesday 22nd May, 2013

    KUALA LUMPUR (Reuters) - Malaysia's AirAsia Bhd (AIRA.KL), Southeast Asia's biggest budget airline by passenger traffic, posted a 39.23 percent fall in first-quarter profits on Wednesday, hurt mainly by higher finance costs and a foreign exchange loss on borrowings. AirAsia earned 104.79 million ringgit in the three months ended March, down from 172.44 million ringgit in the same ...

  • Welegedara blow for Sri Lanka

    IOL - Wednesday 22nd May, 2013

    Colombo - Sri Lanka left-arm fast bowler Chanaka Welegedara has been ruled out of the Champions Trophy starting in England and Wales next month with an ankle ...

  • Eric Garcetti Wins Los Angeles Mayors Race

    Hollywood Reporter - Wednesday 22nd May, 2013

    After receiving a concession call from Wendy Greuel shortly after 2 a.m. Wednesday, Garcetti tweeted his supporters: "Let's make this city great ...

  • Philippines Officials Aim to Reduce Carangan Creek Pollution

    Dredging Today - Wednesday 22nd May, 2013

    Trash traps made of fabricated steel have been installed by the Ecological Strengthening Through Environment Rehabilitation and Orientation (ESTERO) project of the Misamis University Community Extension Program (MUCEP) in Carangan Creek, Ozamiz ...

  • Chinese premier praises relationship with Pakistan in glowing terms at start of 2-day visit

    Canada.com - Wednesday 22nd May, 2013

    A man walks next to huge portraits of Chinese Premier Li Keqiang, right, and Pakistani President Asif Ali Zardari, left, displayed near the presidency in Islamabad, Pakistan. Keqiang will arrive in Islamabad on May 22 on a two day official visit to hold talks with Pakistani leadership to discuss international, regional issues and enhance co-operation in bilateral ties. (AP Photo/Anjum ...

  • Nestle expands Singapore RD amid Asia market growth

    Inquirer Business - Wednesday 22nd May, 2013

    Photo from http://www.nestle.com.sg/ GENEVA -- Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth. Nestle said that it invested almost 4.0 million Swiss francs (3.2 million euros, $4.1 million) to extend its research facility, and would this year add 20 jobs to the current team of 100. ...

  • Uganda Sri Lanka Uganda Agree to Stronger Links

    All Africa - Wednesday 22nd May, 2013

    Kampala - Uganda signed a bilateral trade partnership with the Democratic Socialist Republic of Sri Lanka last week. President Mahinda Rajapaksa was in Uganda to hold talks with President Yoweri Museveni and meet a cross section of the business community. He also officially opened the new Sri Lanka High Commission in Kampala. This is expected to strengthen the diplomatic and business ...

  • UK eyes giving visas to 600 Afghan interpreters

    Tampa Bay Online - Wednesday 22nd May, 2013

    LONDON (AP) -- Britain is proposing to give around 600 Afghan interpreters who worked alongside its troops the right to settle in the U.K. in recognition of the risks to their personal ...

  • UPDATE 1-Nomura eyes Asia alliances boosts Japan asset target

    Reuters - Wednesday 22nd May, 2013

    Wed May 22, 2013 8:21am EDT (Recasts, adds COO comments and details) By Nathan Layne TOKYO May 22 (Reuters) - Japan's largest brokerage firm Nomura Holdings Inc said on Wednesday it was seeking partners to expand its retail and asset management operations in Southeast Asia and was in talks with several financial institutions in the region. Chief Operating Officer Atsushi Yoshikawa did not ...

  • Mattress maker Kingsdown to sell in Indonesia

    Business Journal - Wednesday 22nd May, 2013

    Mattress-maker Kingsdown Inc. has signed a licensing deal to begin selling its products in Indonesia, according to Furniture Today. The Mebane-based Kingsdown will partner with the Massindo Group, a large Indonesian mattress and furniture producer. As part of the agreement, Massindo plans to open five retail Sleep Centers this year featuring Kingsdown products. Kingsdown is working to ...

  • More Fighting in DRC City Ahead of Bans Arrival

    VOA - Wednesday 22nd May, 2013

    Wednesday's fighting outside the city of Goma marks the third straight day of clashes between the Congolese army and rebel group M23. Witnesses say an artillery round landed in Goma's Ndosho neighborhood, killing one person and injuring three others. There was no indication which side launched the round. Mr. Ban arrived in the DRC capital, Kinshasa, on Wednesday, at the start ...

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