Latest in Tag: Asia Highlight
Latest in Tag: Asia

Stargazers catch sight of ‘super blood moon’
Across several continents, people have been having a rare glimpse of the celestial phenomenon. A lunar eclipse, which gave the moon a distinctive red hue, took place as the earth and moon were at their closest. The rare double event – which saw the moon at its largest in the sky at the same time …

Apple enters refugee crisis with donations
Apple has enabled its customers to make a “financial donation” to aid refugees in Europe. CEO Tim Cook told employees the company will also make a donation in hopes of easing “the hardship so many are enduring.” American technology giant Apple enabled a function on its operating system’s App Store allowing iPhone and MacBook consumers …

President Al-Sisi agrees to âfight terrorismâ with Indonesian counterpart
Al-Sisi concludes his week-long Asian tour, which aimed at fostering economic and political cooperation with China, Singapore, and Indonesia

IMF changing tack on Greece
Latin Americans and Asians are happy that they do not need the help of the International Monetary Fund (IMF). But, Europe can no longer function without it. What’s behind the IMF’s interest in Greece?
The deadly price of environmental activism
Since the start of this year in Guatemala, nine activists opposing megaprojects have been killed, a recent report says. Green activists in Latin America and Asia continue to pay for resistance with their lives. Nine activists have been killed since the beginning of 2015 in Guatemala, mainly in indigenous communities opposed to infrastructure and mining …

Kamala Restaurant: A journey to Asia on the banks of the Nile
Now that the summer is firmly here, spending your weekend chilling out after a week of stress and negativity due to the bad weather is what everyone seeks to do. Yet, with the common complaints around the traditionally frequented restaurants and cafes, it is about time to try a new experience at a unique and …

Suez Canal: A cruise to the past
It took a long journey for the Suez Canal to reach its current state today, a journey witnessing several closings and instability of the canalâs operations. Today, Egypt celebrates the opening of the canalâs expansion

Afghan talks: Tough demands make peace deal unlikely
Demands made by Taliban representatives, including the withdrawal of all foreign forces from Afghanistan, make a peace deal with Kabul unlikely. To achieve this, the militants must change their position, say experts. Afghan President Ashraf Ghani recently said his delegation would receive a list of demands in the second round of the peace talks with …

Chinese companies to visit Egypt with Chinese President: Helal
Trade balance between the Egypt and China amounted $ 11.6bn last year, says Chinese Ambassador

Alleged AFC cover-up effort highlights Asian footballâs lack of proper governance
By James M. Dorsey A senior executive of the Asian Football Confederation (AFC) allegedly requested in 2012 at least one of his subordinates to tamper with or hide documents related to enquiries by independent auditors and FIFA into management of the group by Mohammed Bin Hammam, the AFCâs ousted president and vice president of the …
Electrostar targets increase sale and profit up to 20%
Electrostar aims to open up new African markets, renew products, and provide new technology on Egyptian market
Investment minister promotes Egyptian economy to Asian diplomats
Korean delegation to visit Cairo in August will consider investment increases and invite Egypt to attend investment conference in Japan

AFC power struggle reflects sorry state of football governance
By James M. Dorsey FIFA Vice President and Asian Football Confederation (AFC) executive committee member Prince Ali Bin Al-Hussein, in an uncommon display of elegance and magnanimity in the rarefied world of world soccer as well as of Middle Eastern and North African leaders, has conceded defeat in a battle that is symptomatic of …
Major economies end first quarter on weaker note
Reuters – Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth. Factories across Europe eased back on the throttle in March while Chinaâs vast manufacturing industry contracted for the third …

Google expands Android platform to wearables
The move allows developers to create apps for smartwatches, the first phase of the Android Wear platform.

Asian shares hit by rising Russia-Ukraine tensions
The downbeat atmosphere was compounded in some markets by another disappointing set of manufacturing figures from China that added to concerns about growth in the worldâs number two economy.

Total looking at building big petrochemical unit in Iraq
Total wants to boost its refinery and chemicals activities in the Middle East and Asia, where it sees better long-term prospects than in Europe, where competition is pressuring margins.

World Bank pledges $2bn for Myanmar
The programme also includes $200m to help Myanmar achieve universal health coverage by 2030, the Bank said, noting that only one in four people in the once-isolated country has access to quality healthcare.

Fahmy meets Japanese PM and FM
Foreign Minister met with top Japanese officials before concluding his Asia tour

$4.8bn investment deal signed in South Korea
Petrochemical plant will be constructed in Ain Sokhna and is expected to create 20,000 jobs during construction and a further 20,000 jobs to operate the plant once built

Fahmy departs for tour of Asia
Foreign minister to focus on Egyptâs economy on second visit to Asia

Chinaâs air zone announcement threatens major Asian crisis
By Andrew Hammond US Vice-President Joe Bidenâs trip to Japan, China and North Korea this week comes at a moment of major diplomatic tension in the region. Only last week, Beijing unilaterally declared a new âair defence identification zoneâ to much international concern. The zone covers an area of land and sea that encompasses islands, …

Educate girls to alleviate poverty
By Dr Cesar Chelala Inequality and unequal access to education holds millions of girls and women back across the world. While the “gender gap” in education has narrowed over the past decade, girls are still at a disadvantage, particularly in getting access to high school education. And women still constitute two-thirds of the world’s illiterate …

Obama cancels Asia stops as shutdown hits Pacific pivot
Obama had hoped to use the trip to make progress in concluding initial talks on a Trans-Pacific Partnership trade pact.

Nokia releases new Asha 210 model
Phone targets lower income users in developing markets such as the Middle East and Africa

Egypt condemns renewed violence against Muslims in Myanmar
Foreign Ministry calls on Myanmar government to enforce rule of law

US Pacific tilt not aimed against China: Panetta
US might be concerned about China’s growing military and economy

Momuntum builds in Chinese protests at Japanese embassy
Island row between the two countries

Russia asserts Pacific power at APEC summit
Kremlin hoping for major economic gains by playing a regional role
Asian markets slip on weak US manufacturing
Hong Kong (AFP) – Asian markets slipped further on Wednesday following losses in Europe and on Wall Street after a third straight monthly contraction in US manufacturing activity. The disappointing US data followed poor numbers on factory activity from Asia and Europe but dealers looked forward to a European Central Bank meeting, optimistic there would …