Temasek launches landmark 40-year bond

Temasek launches landmark 40-year bond


Temasek launches landmark 40-year bond

Posted: 22 Jul 2010 12:56 AM PDT

SINGAPORE, Thursday 22 July 2010 (AFP) - State-linked investment giant Temasek Holdings on Thursday announced a 40-year bond worth one billion Singaporean dollars (727 million US) priced at 4.2 percent a year.

read more


Malaysian boy signs plays for British football club

Posted: 22 Jul 2010 12:51 AM PDT

13-year-old striker from Selangor signs two-year contract with the Queens Park Rangers Football Club (QPR) of Britain.

read more


This posting includes an audio/video/photo media file: Download Now

China the key to curbing North Korea: analysts

Posted: 22 Jul 2010 12:48 AM PDT

SEOUL, Thursday 22 July 2010 (AFP) - China will play the key role in curbing North Korean aggression despite US efforts to change Pyongyang's behaviour with sanctions and a show of military strength, analysts said Thursday.

read more


North Korea condemns US sanctions, naval drills

Posted: 22 Jul 2010 12:47 AM PDT

HANOI, Thursday 22 July 2010 (AFP) - North Korea on Thursday condemned imminent US-South Korea naval exercises as a threat to global peace, as US Secretary of State Hillary Clinton arrived in Vietnam for Asia-Pacific security talks.

read more


EU trade chief says China business concern rising

Posted: 22 Jul 2010 12:41 AM PDT

SHANGHAI, Thursday 22 July 2010 (AFP) - European Union Trade Commissioner Karel De Gucht said Thursday European companies were increasingly worried about doing business in China, citing intellectual property protection as a major concern.

read more


Clean-up crews use bare hands against China oil spill

Posted: 22 Jul 2010 12:40 AM PDT

BEIJING, Thursday 22 July 2010 (AFP) - Chinese authorities battled Thursday to contain an oil spill on the country's northeast coast amid reports it was spreading and as warnings emerged of a heavy long-term environmental impact.

read more


Naval exercises threat to global peace: N.Korea

Posted: 22 Jul 2010 12:39 AM PDT

HANOI, Thursday 22 July 2010 (AFP) - Planned naval exercises between South Korea and the United States are a threat to global peace, and new sanctions reinforce a "hostile" policy towards Pyongyang, North Korea said Thursday.

read more


Honda says strike at China parts supplier over

Posted: 22 Jul 2010 12:37 AM PDT

BEIJING, Thursday 22 July 2010 (AFP) - A strike at a Honda parts supply factory in southern China has ended after more than a week of work disruptions, the Japanese automaker said Thursday, adding that production remained unaffected.

read more


Bangkok named world's best city for travel

Posted: 22 Jul 2010 12:33 AM PDT

NEW YORK, Thursday 22 July 2010 (Bernama) -- Travel & Leisure Magazine, which caters to the luxury travel market, has released its 2010 "World's Best" list, with Bangkok voted by readers as the top city in the world, followed by Chiang Mai.

read more


Malaysia can become deepwater oil and gas hub

Posted: 22 Jul 2010 12:33 AM PDT

If done right, Malaysia can become a key deepwater oil and gas hub globally after Houston, Rio De Janeiro and Aberdeen, said Deputy Prime Minister Tan Sri Muhyiddin Yassin today.

read more


US challenges Arizona immigration law in court

Posted: 22 Jul 2010 12:50 AM PDT

PHOENIX, July 22 — US President Barack Obama's administration heads to court today in a showdown over whether Arizona's crackdown on illegal immigrants encroaches on federal authority over immigration policy and enforcement. US District Judge Susan Bolton will hear arguments in a federal lawsuit seeking to block Arizona's tough new immigration law ...


China to try Uighur journalist on "security" - report

Posted: 22 Jul 2010 12:52 AM PDT

BEIJING (Reuters) - China will next week try a Uighur journalist and website manager on charges of "endangering state security" after he spoke to foreign journalists about riots in western China, an overseas activist group said on Thursday.


Five Yemen soldiers die in suspected al Qaeda ambush

Posted: 22 Jul 2010 12:52 AM PDT

SANAA (Reuters) - Gunmen killed at least five Yemeni soldiers on Thursday in an ambush on a military convoy in south Yemen, and al Qaeda was suspected of being behind the attack, a provincial official said.


US resumes ties with Indonesian special forces

Posted: 21 Jul 2010 04:41 PM PDT

By Daphne Benoit

JAKARTA: The United States said today it would resume ties with Indonesian special forces after a 12-year hiatus, as part of efforts by Washington to reach out to the world's largest Muslim nation.

The announcement, made during a visit by US Defence Secretary Robert Gates to Indonesia, comes as Washington seeks to resume training for the Kopassus unit as part of growing anti-insurgency and intelligence cooperation.

"We will begin a gradual, measured process of working with Kopassus," a senior US defence official said, referring to the elite Indonesian military unit with which Washington suspended ties in 1998.

The decision was made "in light of the progress that Indonesia and its military... has made in terms of reform and professionalisation since the fall of Suharto as well as recent pledges of reform", he said.

The move is controversial as the Kopassus unit has been implicated in human rights abuses, including in East Timor, and some figures in the US Congress have opposed embracing the force before it has accounted for its past.

The United States broke off ties with the Kopassus under a law banning cooperation with foreign troops implicated in rights abuses.

The Indonesian special forces are accused of committing abuses in East Timor and Aceh under then dictator Suharto in the 1990s.

The senior US defence official played down fears that senior figures in the special forces had been implicated in past rights violations.

"Individuals who had been convicted in the past for human rights violations have in the past several months been removed from Kopassus," he said.

The administration of President Barack Obama, who spent part of his childhood in Indonesia, sees the country as an increasingly important player in East Asia and key ally in the Muslim world.

Rights violations

Gates, who arrived from a visit to Seoul, was due to meet President Susilo Bambang Yudhoyono and Defence Minister Purnomo Yusgiantoro later today.

Ernie Bower, a Southeast Asia expert at the Centre for Strategic and International Studies in Washington, said the Obama administration needed to handle its relationship with the Indonesian military carefully.

"I think it's the view of the Indonesian military that without the ability to engage and train Kopassus, the American engagement and normalisation of the military-to-military relationship would be incomplete," he said.

"If you don't have the relationship with the Indonesian military normalised, you can't really participate and be the leading partner in this architecture," he added. "Gates needs to get it right with Indonesia."

However, the Pentagon needs to find an acceptable compromise to seal the deal without encountering too many objections in Washington.

"We've been working for some time both within the US government and with the government of Indonesia to try to figure out how and under what conditions we can pursue reengagement with Kopassus," said one senior US defense official.

He noted improvements made by Jakarta since the end of the Suharto regime.

However, leading voices in Washington such as Democrat Senator Patrick Leahy as well as human rights groups have opposed a normalisation of military ties until Kopassus commanders have faced justice for past rights violations.

"Before resuming military cooperation with the Kopassus, Robert Gates must make sure that there's no senior military officers implicated in the past abuse who hold a structural position in the military," said activist Usman Hamid.

Hamid, a prominent rights activist from the Indonesian Commission for Missing Persons and Victims of Violence (Kontras), said any troops involved in abuses had to face trial.

"Those implicated in the rights violations should be removed from the Indonesian military and... should be tried in a public court or a special human rights crime court."

- AFP


North Korea condemns US sanctions, naval drills

Posted: 21 Jul 2010 04:32 PM PDT

By Christophe Schmidt

HANOI: North Korea today condemned imminent US-South Korea naval exercises as a threat to global peace, as US Secretary of State Hillary Clinton arrived in Vietnam for Asia-Pacific security talks.

A spokesman for the North Korean delegation in Hanoi also dismissed fresh US sanctions against the isolated communist state for its alleged sinking of a South Korean warship, saying they violated a UN statement on the incident.

"Such movements pose a great threat not only to the peace and security of the Korean peninsula but also to global peace and security," the spokesman, Ri Tong Il, told reporters.

"If the US is truly interested in the denuclearisation of the Korean peninsula, it must take the lead in creating an atmosphere (for dialogue) rather than... staging military exercises or imposing sanctions."

The nuclear-armed North has warned of war if it is punished over the sinking of the Cheonan in the Yellow Sea in March with the loss of 46 lives, an incident that has sharply raised tensions on the peninsula.

The United States says its imminent naval exercises involving an aircraft carrier, destroyers and thousands of troops are "defensive" in nature and meant as a clear show of "deterrence" against North Korean "aggression".

Clinton told reporters travelling with her to Hanoi that the sanctions, announced Wednesday as she visited South Korea, would target the elite in Pyongyang and not ordinary North Koreans.

"The regime depends on the loyalty of a cadre of people on the top. To support that group in the style they've (become) accustomed (to) requires a reservoir of hard currency," she said.

"Part of what we're trying to do is to limit the supply of hard currency the regime can use to provide funds to this governing elite."

Heightened tensions

State Department officials said Clinton would ask Beijing to increase the pressure on its ally North Korea, during bilateral talks with China's Foreign Minister Yang Jiechi in Hanoi later Thursday.

But officials in Clinton's delegation said the meeting was not expected to take place until Friday, when the 27-member Asean Regional Forum (ARF) meets to discuss a range of security issues spanning the Asia-Pacific.

State Department spokesman Philip Crowley said Clinton would ask Yang to look at additional steps to pressure North Korea to stop what Clinton called its "destabilising, illicit and provocative policies".

"We hope (greater sanctions) have an impact on the core leadership which will, I think, change their calculations about how they engage with the United States and other countries," he said in Washington.

Heightened tensions over the sinking of the corvette have further tested already strained relations between Washington and Beijing, which froze military ties with the United States in January over arms sales to Taiwan.

South Korea, the United States and other nations -- citing the findings of a multinational investigation -- have accused the North of sending a submarine to torpedo the ship.

Pyongyang angrily denies the allegations and China has not blamed its communist ally.

The UN condemned the attack as a threat to regional peace, expressed deep concern at the findings of the investigation but noted the North's denial and did not apportion blame -- a result hailed as a "victory" in Pyongyang.

China has repeatedly warned Washington and Seoul against the exercises.

Chinese foreign ministry spokesman Qin Gang called on all sides to "maintain a cool head and exercise restraint, and not do anything that aggravates regional tensions".

A draft ARF declaration expresses "deep concern" over the sinking of the Cheonan and supports the July 9 UN statement, without blaming the North or acknowledging the probe that found it responsible for the alleged attack.

It also calls for the resumption of six-party talks on North Korean disarmament.

The countries involved in the stalled talks -- China, Japan, the two Koreas, Russia and the United States -- will be represented at the ARF but analysts expect little progress will be made on resuming the dialogue.

- AFP


US ends ban on ties with Indonesian special forces

Posted: 22 Jul 2010 12:01 AM PDT

JAKARTA, July 22 — The United States announced today it was dropping a more than decade-old ban on ties with Indonesia's special forces, imposed over human rights abuses in the 1990s. The decision, made public by US officials during a visit by Defence Secretary Robert Gates to Jakarta, was taken after Indonesia took steps requested by Washington ...


U.S. ends ban on ties with Indonesian special forces

Posted: 22 Jul 2010 12:33 AM PDT

JAKARTA (Reuters) - The United States announced on Thursday it was dropping a more than decade-old ban on ties with Indonesia's special forces, imposed over human rights abuses in the 1990s.


Japan ex-PM supports Kan's re-election bid -media

Posted: 22 Jul 2010 12:20 AM PDT

TOKYO (Reuters) - Former Japanese Prime Minister Yukio Hatoyama said he supports the re-election of Naoto Kan in the ruling Democratic Party's leadership vote in September, Jiji news agency said, in a boost to the embattled premier after his party's recent election defeat.


Machine gun and mortar battle in Yemen kills 19

Posted: 22 Jul 2010 12:20 AM PDT

SANAA (Reuters) - A mortar and machine gun battle between Shi'ite rebels and pro-government tribesmen in north Yemen drew in government forces overnight, killing at least 19 people and complicating efforts to cement a truce, local officials said.


World court Kosovo ruling could have global impact

Posted: 22 Jul 2010 12:20 AM PDT

THE HAGUE (Reuters) - The World Court rules on Kosovo's unilateral secession from Serbia on Thursday in a case that could have implications for separatist movements around the globe, as well as Belgrade's stalled EU membership talks.


No comments:

Post a Comment