Daphne Roth, head of equity research Asia at ABN AMRO Private Banking, discusses Asian emerging markets and explains why the Philippines will continue to see volatility and why she is most bullish on Malaysia.» Read More
*MSCI Asia ex- Japan slips 1.2 pct, Nikkei opens down 1.1 pct. MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.2 percent, with Australian shares easing 0.4 percent and South Korean shares opening down 1.3 percent.
SYDNEY, June 20- Asian stock markets were braced for a fall on Thursday in line with Wall Street after the U.S. central bank confirmed that it would begin to withdraw stimulus this year if the economy continued to recover as it expected.
*China, U.S.' serious' about climate change. LONDON, June 19- The world should stop arguing about whether humans are causing climate change and start taking action to stop dangerous temperature rises, the president of the World Bank said on Wednesday.
WASHINGTON, June 19- Much of Bangkok could flood within the next two decades if global warming stays on its current trajectory, as sea levels rise and cyclones intensify, the World Bank said in a new report on Wednesday.
Thailand has piled up about 17 million tonnes of milled rice since the scheme started in October 2011, and with warehouses filled to brim it's running out of space for the next crop that will start arriving in November this year.
SYDNEY, June 19- Optimism among Asia's top companies gathered momentum in the second quarter despite lingering concerns about the global economy and rising costs, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday showed.
*Sentiment in China continues at record low. SEOUL, June 19- Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows.
*Starboard: Selling pieces could net $44- $55/ shr. June 17- Starboard Value LP revealed a major stake in Smithfield Foods Inc on Monday and urged the world's largest pork producer to explore a breakup rather than go ahead with a planned $4.7 billion takeover by Chinese meat company Shuanghui International.
CHENNAI, India, June 17- Ford Motor Co began shipping its locally-made EcoSport compact SUV on Monday, hoping to share in growing demand in India for mini-sport utility vehicles, which are popular due to heavy traffic, scarce parking and bumpy roads.
LONDON, June 17- Sugar production looks set to remain stubbornly above demand for at least another 12 months, despite a halving in global prices, as mills in top exporter Brazil are forced to keep supplies flowing to recoup massive investments. No, "said Pierre Sebag of London- based consultancy Sugar K Ltd..
PARIS, June 16- International orders are set to eclipse U.S. military purchases of Sikorsky Aircraft helicopters in four or five years, the company's president told Reuters ahead of the Paris air show.
UDON THANI, Thailand, June 16- Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of Bangkok.
June 14- Britain has asked airlines worldwide to block American Edward Snowden, who leaked details of U.S. government telephone and internet surveillance programs, from boarding any plane headed for the United Kingdom, the Associated Press reported on Friday.
Central banks from India to Turkey have acted this week to stem currency losses, and on Thursday the Indonesian rupiah was boosted by a surprise central bank rate hike. Markets have been shaken by doubts over the next moves of major central banks such as in Japan and the United States.
The latest advice was triggered by the results of a study done in Thailand that showed the AIDS drug tenofovir protected many drug users. Jonathan Mermin, director of AIDS prevention for the Centers for Disease Control and Prevention. The research by the CDC and the Thailand government was published online Wednesday by the journal Lancet.
JAKARTA, June 13- Indonesia became the first central bank in Asia to raise its policy interest rate since 2011, the strongest sign yet in regional emerging economies of the stress being wrought by the global markets rout.
Central banks from India to Turkey have acted this week to stem currency losses and on Thursday the Indonesian rupiah was buoyed by a surprise central bank rate rise. Markets are being rattled by uncertainty over the next moves of central banks in Japan and well as the United States.
TOKYO, June 13- Japan's Nikkei share average is expected to fall below 13,000 on Thursday after U.S. stocks weakened on worries that the Federal Reserve may trim its stimulus programme, while a stronger yen is likely to hurt exporters.
*Major capital flight would expose Asia's limited policy options. SINGAPORE, June 12- Asia's central banks are likely to use heavy currency intervention as their weapon of choice in dealing with regional market turbulence but high debt levels will make them more reluctant than in the past to raise interest rates if tensions escalate.
Disparate interests ranging from environmental activists to businesses and industry are lining up to support a first-of-its-kind deal between the U.S. and China to phase out HFCs.