Singapore: The United States will shift a majority of its warships to the Asia-Pacific region by 2020, Defense Secretary Leon Panetta said on Saturday, giving the first details of a new US military strategy. Fleshing out details of a strategic shift to Asia announced in January, Panetta said the United States would maintain six aircraft carriers in the region over the long run and rebalance its fleet so that 60...
03:56 AM, Jun 03, 2012
Ipoh: The Asian Hockey Federation's council today allotted Malaysia the 2013 Asia Cup hockey, the tournament that will offer qualification berth for the 2014 World Cup. This will be the second successive time that Malaysia will host the continental championship to be organised by the Malaysian Hockey Confederation. Ipoh has been chosen as the venue, having already emerged as the most favoured hockey destination in Asia. Sultan Azlan Shah, president...
03:42 PM, Jun 02, 2012
Ravi Thakran Designation: Managing partner of L Capital Asia"the LVMH sponsored private equity fund Age: 48 Education: MBA from Indian Institute of Management, Ahmedabad Career: Worked as group president for South Asia, South East Asia & the Middle East for the LVMH Group and director for Groupe Arnault in Asia. Earlier, he has worked with the Tata Group, Swatch Group and Nike. Interests: Socialising, travelling, reading, hiking, food and wine...
04:48 PM, Jun 01, 2012
New Delhi: Defence Minister AK Antony will articulate India's view on maritime security, freedom of use of sea lane and piracy during the Asia Security Summit to be held in Singapore on Saturday. On the sidelines of the Summit, also known as Shangri-La Dialogue, Antony will also hold bilateral talks with the leaders of several key countries such as France, Sri Lanka, South Korea, Canada, Vietnam and Tonga. "Antony will...
04:21 AM, Jun 01, 2012
New Delhi: Literature, the soul of cultural exchange, is giving conventional diplomacy a run for its space in South Asia with the mushrooming literary festivals that are provoking, discussing and building new bridges across cultures. Five major literature festivals - the Jaipur Literature Festival, Mountain Echoes in Bhutan, the Kathmandu Literary Yatra, the Galle Literary Festival in Sri lanka and the Karachi Literature Festival - which have been showcasing literature...
10:45 AM, May 28, 2012
New Delhi: Prime Minister Manmohan Singh on Saturday met President Pratibha Patil and discussed the just-concluded parliament session and his visit to Myanmar, beginning on Sunday. The meeting between the two lasted 40 minutes, a communique issued by Rashtrapati Bhavan said in New Delhi. "The two leaders discussed the just concluded budget session of the parliament, the state of the economy and the political situation," the statement said. The Prime...
08:42 PM, May 26, 2012
Thiruvananthapuram: Britain is keen to forge ties with the city-based Asian School of Business (ASB) for conducting collaborative studies in areas like climate change, agriculture and energy, director of the premier B-school said on Thursday. The proposal for tie-ups between British universities and the ASB came up for discussion during a meeting between British Deputy High Commissioner in Chennai Mike Nithavrianakis and ASB director S. Rajeev here on Wednesday. "The...
06:19 PM, May 24, 2012
New Delhi: Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy said. The airline is understood to be actively evaluating Airbus's narrow-body A320 aircraft, and is likely to lease up to 10 A330s to support expansion of its European network, the Centre for Asia Pacific Aviation...
12:48 PM, May 23, 2012
New Delhi: A new study by UK-based medical journal Lancet has found that seven per cent of anti-malarial drugs tested in India are of poor quality and many are fake. The study goes on to say that 1 in every 3 anti-malarial drugs sold in southeast Asia are also fake. Researchers analysed data based on 1400 drug samples in five classes from seven Southeast Asian countries to reach to this...
10:11 AM, May 23, 2012
New Delhi: Setting up an office is most expensive in the national capital region in terms of rental cost across the country while it is fifth costliest place in the entire Asia Pacific region, a study has found. The country's second most expensive location Mumbai is the only other Indian city among the 10 most expensive locations in Asia Pacific in terms of office rentals (at 10th place), as per...
05:50 PM, May 22, 2012
Kanarraville: The sun and moon aligned over the earth in a rare astronomical event on Sunday - an annular eclipse that dimmed the skies over parts of Asia and North America, briefly turning the sun into a blazing ring of fire. Eclipses of some type occur almost every year, but stargazers have not seen an annular - shaped like a ring - eclipse on US soil since 1994, and the...
08:38 AM, May 21, 2012
Tokyo: Millions of Asians watched as a rare "ring of fire" eclipse crossed their skies early Monday. The annular eclipse, in which the moon passes in front of the sun leaving only a golden ring around its edges, was visible to wide areas across the continent. It will move across the Pacific and also be seen in parts of the western United States. In Japan, "eclipse tours" were arranged at...
07:18 AM, May 21, 2012
Beijing: China will soon surpass Japan to become the biggest consumer of IT products and services in the Asia-Pacific region, according to the International Data Corporation (IDC). China's expenditure on IT is gradually approaching that of Japan, and will hit $173 billion in 2013, about four per cent higher than Japan, the China Daily reported. In the IDC report published May 17, the group attributes China's growth in IT consumption...
10:15 AM, May 20, 2012
Tehran: Iran says it will sue Google over dropping the name of the Persian Gulf on Google Maps. The threat comes after the famous search engine left the body of water between Iran and the Arabian Peninsula nameless on its online map service. Foreign Ministry spokesman Ramin Mehmanparast says that if Google does not restore the name of the Persian Gulf, it will face "serious damages." Mehmanparast told the semiofficial...
04:30 PM, May 17, 2012
Tokyo: Asian shares on Thursday recovered a bit of the ground lost in the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent on short covering, after sliding more than 3 percent - its biggest one-day drop in six months...
10:51 AM, May 17, 2012
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