Eastern Asia

Taiwan's former intelligence chief sentenced to 10 years in jail for corruption

A court in Taipei on Thursday sentenced former intelligence head Yeh Sheng-mao to 10 years imprisonment for his involvement in the corruption case of Taiwan's former leader Chen Shui-bian. Yeh, former director-general of the...

Worldwide Messaging Revenues set to exceed US$224 billion by 2013

­A new report from Portio Research focused on mobile messaging has suggested that SMS will continue to be the cash cow of mobile data revenues for some time to come. The report ventures that there is nothing likely to stop...

Atmel Announces Grand Opening of New Chinese Design Center and Regional Sales Operations in...

Atmel® Corporation a leader in microcontroller based solutions announced today the grand opening of its new location in Shanghai, China. As a part of extending Atmel's commitment to the Chinese market over the last 15 years,...

Asian markets mixed after Wall St. rally

NEW: Tokyo's Nikkei index down 1.02%; Seoul's KOSPI dips 1.08 percent Hong Kong's Hang Seng up 0.67%; Australia's All Ordinaries closes down 0.09% Wall St. rallied Wednesday despite a rash of weak economic reports (CNN) --...

OK Air to suspend passenger flights

Published: Dec. 4, 2008 at 6:44 AM BEIJING, Dec. 4 (UPI) -- OK Air, China's first privately owned carrier, says it will suspend passenger flights for one month beginning Dec. 15 because of financial and other problems. Xinhua...

Layoffs mount as crisis drags on

SINGAPORE (Reuters) - Credit Suisse and Nomura Holdings announced big job cuts on Thursday, further evidence the global financial crisis is unrelenting for an industry battered by heavy losses and weak markets.

London and Seoul no longer so costly for expats: survey

HONG KONG (Reuters) - Volatile exchange rates stemming from the global financial crisis mean London and Seoul are no longer among the top 10 most expensive locations for expatriates, while Japanese cities have returned to upper...

Central banks cut and slash rates to drive back recession (AFP)

AFP - European central banks led a new drive against recession on Thursday with dramatic rate cuts and France rolled out huge extra spending to support an EU crisis package as stocks surged but sterling sank.

Chinese premier to attend tripartite summit of China, Japan, South Korea

Chinese Premier Wen Jiabao will attend a tripartite summit of China, Japan and South Korea in Japan, Foreign Ministry announced in Beijing Thursday. The summit, scheduled for Dec. 13 in Fukuoka, will also bring together...

LEAD: Top gov't spokesman warns against pressure to expand budget spending+

TOKYO, Dec. 4_(Kyodo) _ (EDS: ADDING INFO) Chief Cabinet Secretary Takeo Kawamura warned Thursday against growing pressure from ruling party lawmakers to expand budgetary spending, saying Japan has to observe fiscal discipline...

               

Subcategories

China , Japan , Mongolia , North Korea , South Korea , Taiwan