Myanmar planning large-scale privatisation: local media

Myanmar planning large-scale privatisation: local media


Myanmar planning large-scale privatisation: local media

Posted: 14 Jan 2011 12:57 AM PST

YANGON, Friday 14 January 2011 (AFP) - Myanmar could undergo a major economic upheaval following controversial elections last month, as local media reported the country plans to privatise the majority of state-owned industries.

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India's annual inflation accelerates past 8%

Posted: 14 Jan 2011 12:53 AM PST

NEW DELHI, Friday 14 January 2011 (AFP) - India's inflation rate accelerated to 8.43% in December on a 12-month basis, raising the prospect of another rate hike from the central bank later this month, government data showed on Friday.

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U.S. again urges North Korea to meet its obligations

Posted: 14 Jan 2011 12:39 AM PST

SEOUL (Reuters) - U.S. Defence Secretary Robert Gates on Friday held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets its obligations, but said there was no sign of it changing its ways.



Old Chengdu restored to its glorious past

Posted: 14 Jan 2011 12:47 AM PST

A city steeped in history will always leave a long-lasting impression in people.

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Who abandoned who?

Posted: 14 Jan 2011 12:42 AM PST

In the current globalization era when the world is competing for talents, should my friend's son feel guilty about not serving in the country? Did he abandon the country? Or was it the country which has abandoned him?

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China central bank vows to further loosen capital flows

Posted: 14 Jan 2011 12:31 AM PST

SHANGHAI, Friday 14 January 2011 (AFP) - China's central bank on Friday pledged to further relax restrictions on cross-border currency flows after a series of recent steps to ease controls and promote wider international use of the yuan.

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Abu Dhabi to pump $5.2 bn into Aldar

Posted: 14 Jan 2011 12:30 AM PST

ABU DHABI, Friday 14 January 2011 (AFP) - Abu Dhabi's government will pump 19.2 billion dirhams (5.2 billion dollars, 3.9 billion euros) into the emirate's biggest developer by purchasing assets and convertible bonds, the two sides have said.

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A life less ordinary

Posted: 13 Jan 2011 11:59 PM PST

The law has to be amended to make unilateral conversions unlawful. An independent complaints commission has to be set up to oversee the conduct of all enforcement agencies.

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US defence chief holds out prospect of Korea talks

Posted: 13 Jan 2011 10:38 PM PST

SEOUL, Jan 14 — US Defence Secretary Robert Gates today held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets international obligations. "With regards to next steps on North Korea, diplomatic engagement is possible, starting with direct engagement between the DPRK and the South," he told reporters ...


China says six-party talks key to N.Korea dispute

Posted: 14 Jan 2011 12:06 AM PST

BEIJING (Reuters) - China said that six-party talks were more "suitable" than the U.N. Security Council for solving the nuclear standoff on the Korean peninsula, a senior Chinese diplomat said on Friday, days before a summit with President Barack Obama.



The dawn of high-cost era

Posted: 13 Jan 2011 11:55 PM PST

We have now entered the era of high-cost of living. It is time for the government to do something to arrest the spiraling runaway price surge, which is threatening to cause massive economic hardship for the people, especially the low-income group.

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Hyundai Motor signs initial deal to buy builder

Posted: 13 Jan 2011 11:51 PM PST

SEOUL, Friday 14 January 2011 (AFP) - Hyundai Motor signed an initial agreement Friday to buy a controlling stake in South Korea's largest builder, a key creditor said, following a bitter family feud over the former Hyundai empire.

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MIC confident of 80% Indian votes in Tenang

Posted: 13 Jan 2011 11:25 PM PST

The MIC is confident of attracting over 80% of the total 1,780 Indian votes in the Tenang state by-election on Jan 30.

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Anwar's appeal to recuse judge dismissed

Posted: 13 Jan 2011 11:23 PM PST

The sodomy trial of Datuk Seri Anwar Ibrahim will go ahead before High Court Judge Datuk Mohamad Zabidin Mohd Diah after the Court of Appeal rejected the Opposition Leader's appeal to set aside the judge's refusal to recuse himself from hearing the trial.

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Japan's new justice minister opposes death penalty

Posted: 13 Jan 2011 11:14 PM PST

TOKYO, Friday 14 January 2011 (AFP) - Japan on Friday appointed a new justice minister who opposes the death penalty, raising hopes among activists that he will push for the abolition of capital punishment.

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N. Zealand flood rescuers get Aussie snake catcher

Posted: 13 Jan 2011 11:14 PM PST

SYDNEY, Friday 14 January 2011 (AFP) - Australian officials have had to hire a snake catcher to keep slithering intruders away from New Zealand flood rescuers spooked by their neighbours' deadly wildlife, a local mayor said Friday.

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Philippines to restart talks with Muslim rebels

Posted: 13 Jan 2011 11:01 PM PST

MANILA, Friday 14 January 2011 (AFP) - The Philippines said Friday it would restart peace talks next month with Muslim separatist rebels in an effort to end a decades-long insurgency that has claimed tens of thousands of lives.

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Watchdog warns of Vietnam media clampdown

Posted: 13 Jan 2011 10:59 PM PST

HANOI, Friday 14 January 2011 (AFP) - Vietnam will tighten state control of bloggers and other media with new regulations that enhance its already extensive powers to limit press freedoms, a watchdog said Friday.

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Hunt for survivors of Brazil's floods

Posted: 13 Jan 2011 09:28 PM PST

Rescuers hunt for survivors after more than 500 die in Brazil's floods


Obama gets 31 million TV viewers in Tucson tribute

Posted: 13 Jan 2011 11:02 PM PST

LOS ANGELES (Reuters) - Some 31 million U.S. television viewers tuned in to see President Barack Obama lead a memorial tribute to victims of the deadly shooting rampage in Tucson, Arizona, according to TV ratings provider Nielsen.



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