Asia & Indian Sub-Continent

http://economictimes.indiatimes.com/news/economy/finance/singapore-top-destination-for-indian-investment/articleshow/14803293.cms Singapore top destination for Indian investment 10 JUL, 2012 NEW DELHI: Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over $ 500 million there in May. According to a study from industry body Assocham, of the total outward investment of $ 2.35 billion in May, Singapore… Continue Reading

http://economictimes.indiatimes.com/opinion/interviews/confident-of-indias-long-term-economic-prospects-geoff-lewis-jpmorgan-amc/articleshow/14798219.cms Confident of India’s long-term economic prospects: Geoff Lewis, JPMorgan AMC 10 JUL, 2012 ET Now: What are your views on what is happening in the Western world, i.e. from India’s perspective, and increased talks of further easing by the Fed and an LTRO3 as well? Do you think it is a possibility and an… Continue Reading

http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/section-of-kingfisher-pilots-go-on-strike-5-flights-cancelled/articleshow/14800928.cms Section of Kingfisher pilots go on strike, 5 flights cancelled 10 JUL, 2012 NEW DELHI/MUMBAI: A section of pilots of KingfisherAirlines today went on a strike over non-payment ofsalary and other dues for the past five months, forcing cancellation of five flights. Airline officials said the pilots who did not report to work were those who operate… Continue Reading

http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/quick-recovery-of-1-4-billion-kingfisher-debt-unlikely-sbi/articleshow/14796556.cms Quick recovery of $1.4 billion Kingfisher debt unlikely: SBI 10 JUL, 2012 SYDNEY: A full recovery of $1.4 billion in loans owed by embattled carrier Kingfisher Airlines was unlikely in the short term and banks have told the airline to infuse equity, the chairman of State Bank of India said on Tuesday. Kingfisher Airlines, controlled… Continue Reading

http://www.irishtimes.com/newspaper/finance/2012/0710/1224319718408.html Optimism grows in Philippines despite corruption The Irish Times - Tuesday, July 10, 2012 CLIFFORD COONAN ASIA BRIEFING: The government is also in a good position to provide stimulus to the economy because it does not need massive borrowings THIS WEEK’S Asia Briefing comes from the Philippines, where the headline in the Philippine Daily Inquirer… Continue Reading

http://www.bbc.co.uk/news/world-asia-18702807 Refugees risking everything to reach Australia By Phil Mercer, 10 July 2012 The overloaded, decrepit fishing boat had defied the Indian Ocean for five punishing days when increasingly turbulent seas near the Australian territory of Ashmore Reef slowly began to swamp the tiny vessel. Its panic-stricken cargo of about 60 asylum-seekers had, like thousands of… Continue Reading

http://www.japantimes.co.jp/rss/nb20120710a4.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+japantimes_news+%28The+Japan+Times+Headline+News+-+News+%26+Business%29 Corporate bankruptcies down 3.2% in first half Tuesday, July 10, 2012 Kyodo The number of corporate bankruptcies in the first six months fell to 6,311, down 3.2 percent from the same period in 2011, a credit research agency said Monday. Tokyo Shoko Research said the debt left by the failed businesses rose 20.5 percent… Continue Reading

http://economictimes.indiatimes.com/news/economy/indicators/slowdown-in-india-to-continue-and-might-aggravate-oecd/articleshow/14785724.cms Slowdown in India to continue and might aggravate: OECD 10 JUL, 2012 NEW DELHI: The slowdown in India’s economic activity is likely to continue and might aggravate in the coming months, Paris-based economic think tank said on Monday, scotching hopes that Asia’s third-largesteconomy had bottomed out in the fourth quarter of the last fiscal. India’s… Continue Reading

http://online.wsj.com/article/SB10001424052702303292204577516663702816668.html?mod=rss_whats_news_us Philippines Aims to Boost Mining Revenue July 9, 2012 By CRIS LARANO And RHEA SANDIQUE-CARLOS MANILA—The Philippines unveiled a mining law that aims to generate more revenue for the government from the industry even while imposing a moratorium on new contracts—at least until a law on sharing mining revenues is passed by Congress. The new policy… Continue Reading

http://online.wsj.com/article/SB10001424052702303567704577516414272501428.html?mod=wsj_india_main Delayed Rains Cloud India’s Rice Output July 9, 2012 By BIMAN MUKHERJI NEW DELHI — A delay in the progress of the monsoon rains has resulted in a sharp decline in rice plantings, which will likely result in a decline from last year’s record output and perhaps threaten India’s new status as the world’s largest… Continue Reading