Asia News

  • China unveils new measures to prop up stocks

    BEIJING (AP) — In a flurry of new moves to halt a stock market slide, China's government on Wednesday told state-owned companies to buy shares, raised the amount of equities insurance companies can hold and promised more credit to finance trading.

    Associated Press
  • Asia stocks sink on Greece fear as China sell-off spreads

    Asian stocks tumbled Wednesday after Greece was slapped with a deadline to submit fresh bailout reform proposals or face a eurozone exit, while fears over the collapse in Shanghai have spilled into other markets. The European leaders' ultimatum to Athens, which could see it ejected from the…

    AFP
  • China leads dive in Asia stocks as Greece rattles investors

    TOKYO (AP) — Chinese stocks led a slump in Asian markets on Wednesday as the sell-off in Shanghai intensified and Greece's future in the euro remained highly uncertain.

    Associated Press
  • US says only 60 Syrians being trained to fight IS

    Only about 60 Syrian rebels are being trained by the United States to take on the Islamic State group, Defense Secretary Ashton Carter said, admitting it was far below the number hoped for. The disclosure is likely to add to criticism of the Obama administration's military strategy, with US…

    AFP
  • Sierra Leone urged to ban FGM after backing women's rights treaty

    By Kieran Guilbert LONDON (Thomson Reuters Foundation) - Sierra Leone's decision to back an international treaty on the rights of women in Africa could lead to a new law banning female genital mutilation (FGM) in a country where the practice is rife, campaigners said on Tuesday. The Ebola-hit…

    Reuters
  • Obama hosts Vietnam Communist Party chief at White House

    WASHINGTON (AP) — President Barack Obama said Tuesday that despite differences between the United States and Vietnam over "political philosophy," the two countries are deepening cooperation on health, climate and other issues.

    Associated Press
  • Western Union restarts money transfer service in Greece

    The world's largest money transfer company shut its services in Greece on June 29 for a week, after the country closed its banks to limit strains on its crippled financial system. "Western Union is seeking to expand its in-bound payout locations while also seeking to restore full service on its…

    Reuters
  • New UN development goals will drive nations 'nuts': Indian economist

    An Indian economist and member of a key government panel which formulates policy on social issues slammed the United Nations' new development goals on Tuesday, saying that having so many goals and targets would drive governments "nuts". World leaders are due to adopt a set of new development…

    Reuters
  • US military chiefs face tough questioning on Islamic State

    WASHINGTON (AP) — Defense Secretary Ash Carter on Tuesday defended President Barack Obama's strategy to defeat Islamic State group militants amid criticism from Senate Armed Services Committee Chairman John McCain.

    Associated Press
  • Roaring success: lions return to Rwanda, with rhinos next?

    Groggy on their paws after waking from tranquillizers, lions have returned to Rwanda for the first time since the endangered animal was wiped out following the country's 1994 genocide. Seven lions -- two males and five females -- were transported in a marathon 30-hour journey from South Africa -…

    AFP
  • Micronesia urges FIFA help after 46-0 thrashing

    Micronesia were humiliated 46-0 by Vanuatu on Tuesday in one of the most lopsided scores ever seen in football, with the Pacific nation urging FIFA to help them improve. The latest drubbing followed a 38-0 loss to Fiji and a 30-0 scoreline against Tahiti at the multi-event Pacific Games, meaning…

    AFP
  • Amnesty accuses Balkans of abusing EU-bound migrants

    Amnesty International on Tuesday accused Balkan countries of mistreating migrants passing through their territories on the way to the European Union, saying people fleeing war were being "shamefully let down". "Thousands of refugees, asylum-seekers and migrants -- including children -- making…

    AFP
  • Balkan route a road of beatings for migrants, refugees: Amnesty

    By Maria Caspani NEW YORK (Thomson Reuters Foundation) - Police in some Balkan nations are abusing thousands of refugees, asylum seekers and migrants, many of them children, as they travel across the region to reach the European Union (EU), Amnesty International said in a report. Refugees and…

    Reuters
  • Oil palm plantations destroying SE Asia's peatlands: researchers

    By Megan Rowling BARCELONA (Thomson Reuters Foundation) - Drainage of peatlands to cultivate oil palm in Malaysia's Rajang Delta is causing land subsidence that will bring large-scale floods in coming decades, making the land unusable, a problem also expected to affect Indonesia, researchers…

    Reuters
  • Mozambique destroys over two tonnes of ivory, rhino horns

    Authorities in Mozambique on Monday burned more than 2.6 tonnes of ivory and rhino horns confiscated during various anti-poaching busts, demonstrating a tough stance on wildlife trafficking. "This is a very clear signal the government is sending to society and the whole world on the degree of…

    AFP
  • Mozambique destroys ivory, rhino horn in anti-poaching move

    JOHANNESBURG (AP) — Mozambique destroyed a large stockpile of confiscated ivory and rhino horn on Monday in an effort to curb severe poaching, the government said.

    Associated Press
  • BRICS summit gives Putin a chance to show Russia not isolated

    By Lidia Kelly and Katya Golubkova MOSCOW (Reuters) - The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions and show Moscow is not isolated. At a meeting in the…

    Reuters