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Asia-Pacific News Southeast Asia

  • HANOI, Vietnam— Nguyen Kim Lan used to make a decent living shuttling customers around town on his Honda motorbike. The expansion of the ride-hailing services across Southeast Asia is shaking up traditional motorcycle taxi services that are a key source of informal work for people like Lan. As elsewhere in the region, motorbikes are Vietnam's main form of...

  • TOKYO, June 29- The president of Japan's Universal Entertainment Corp said the company's founder Kazuo Okada is "unfit" to be the director of a public company, in a private letter to a shareholder seen by Reuters. The June 21 letter was written by Jun Fujimoto ahead of an annual meeting of Universal shareholders on Thursday at which Okada is scheduled to lose his...

  • MOLDOVA- National Bank of Moldova announces interest rate decision. SYDNEY- Reserve Bank of Australia holds monetary policy meeting- 0430 GMT. WEDNESDAY, JULY 5 BANGKOK- Bank of Thailand monetary policy committee meeting.

  • *Attack spread worldwide from Ukraine. FRANKFURT/ WASHINGTON, June 28- A computer virus wreaked havoc on firms around the globe on Wednesday as it spread to more than 60 countries, disrupting ports from Mumbai to Los Angeles and halting work at a chocolate factory in Australia. The virus, which researchers are calling GoldenEye or Petya, began its spread on Tuesday...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday...

  • *Port operations from Mumbai to Los Angeles disrupted. COPENHAGEN, June 28- The Danish owner of the world's largest container shipper Maersk Line, said its computer systems were among those hit by the global Petya cyber attack, causing it problems processing orders and delaying cargoes. Moller-Maersk said the cyber extortion, which has disrupted businesses...

  • "They've been executing well on that business though there's still a long way to go," said Edward Jones analyst Dave Heger. Calgary- based Shaw is locked in a fierce battle for internet, television and telephone customers in the west of the country with Vancouver- based rival Telus Corp.. The cable subscriber numbers were "surprisingly strong," likely helped by the...

  • NEW DELHI— India's Cabinet has approved a plan to sell a stake in the debt-ridden national airline, Air India. The committee will decide how to deal with Air India's massive 520 billion rupee debt. Air India is currently entirely state-owned.

  • *Port operations from Mumbai to Los Angeles disrupted. COPENHAGEN, June 28- The owner of the world's largest container shipper Maersk Line, said its computer systems were among those hit by the global Petya cyber attack, causing it problems processing orders and delaying cargoes. The cyber extortion, which has disrupted businesses around the globe, has also...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. Ukraine, the epicentre of the cyber strike, has repeatedly accused...

  • FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday in Ukraine where it silently infected computers after users...

  • *Port operations from Mumbai to Los Angeles disrupted. COPENHAGEN, June 28- Denmark's A.P. The cyber extortion campaign, which has disrupted businesses around the world, has also caused congestion at some of the 76 port terminals run by Maersk's APM Terminals unit, including in the United States, India, Spain and the Netherlands.

  • *India charges 40 percent tax on sugar imports. MUMBAI, June 28- India, the world's biggest sugar consumer, could soon ramp up imports of the sweetener as a sharp drop in global prices and a stronger rupee make overseas purchases viable despite stiff tariffs, industry players said. Rising demand from India, which typically churns out its own sugar to use in...

  • MUMBAI, June 28- Operations at one of three terminals at India's largest container port JNPT, near the commercial hub of Mumbai, have been disrupted by the global ransomware attack, the port said on Wednesday. The port has been trying to clear containers manually, but operational capacity has dropped to a third at the terminal, Anil Diggikar, chairman of Jawaharlal...

  • *India launches Goods and Services Tax on July 1. MEERUT, India, June 28- Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust. Jain is one of millions of small business owners who face wrenching change from India's biggest tax...

  • Ports operated by the Danish shipping giant A.P. Moller-Maersk are still crippled following this week's cyberattack. An official with the Alabama State Port Authority, James K. Lyons, says crews at the Maersk's APM terminal in Mobile, Alabama, have been loading and unloading containers in manual mode, without the normal computerized coordination.

  • India charges 40- percent tax on sugar imports. MUMBAI, June 28- World No.1 sugar consumer India could be set to ramp up imports of the sweetener as a sharp drop in international prices and a stronger rupee make overseas purchases viable despite stiff duty charges, industry officials said. Increased appetite from India, which typically churns out its own sugar to...

  • *Wave of disruption started in Russia and Ukraine. MOSCOW/ KIEV/ WASHINGTON, June 28- A major global cyber attack disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that infected more than 300,000 computers last month. Businesses in the Asia-Pacific region reported some...

  • *India launches Goods and Services Tax on July 1. MEERUT, India, June 28- Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust. Jain is one of millions of small business owners who face wrenching change from India's biggest tax...