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Asia stocks down on bleak UK factory production – U.S. News & World Report

Asia stocks down on bleak UK factory production – U.S. News & World Report

By PAMELA SAMPSON, Associated Press BANGKOK (AP) — Asian stock markets ran out of steam Wednesday after a sharp drop in Britain’s industrial production and a warning from the head of Germany’s central bank that the euro debt crisis isn’t over. Bundesbank President Jens Weidmann said Tuesday that the European Union needs to move ahead […]

Asia Stocks Down On Bleak UK Factory Production – NPR

BANGKOK (AP) — Asian stock markets ran out of steam Wednesday after a sharp drop in Britain’s industrial production and a warning from the head of Germany’s central bank that the euro debt crisis isn’t over. Bundesbank President Jens Weidmann said Tuesday that the European Union needs to move ahead with reforms to keep troubles […]

Asia Extends Losses; Shanghai Slips 1% – CNBC.com

Weak corporate earnings weighed on Hong Kong markets. The Hang Seng Index eased 0.9 percent on Tuesday, coming off a three-week high it had hovered around in the past two sessions. Shares of Cathay Pacific slipped 0.7 percent after the airline announced it is expecting a 90 percent plunge in full-year net profit. Meanwhile, noodle […]

U.S. Beats Europe and Asia as Growing Property Investment Target – Bloomberg

Investors increased the amount of equity they plan to commit to U.S. real estate by 19 percent to $55 billion in the second half of last year, more than any other region, according to London-based broker DTZ. Money excluding debt intended for the Asia Pacific region rose by 15 percent to $40 billion and planned […]

Sime Darby, Ramsay Health in Southeast Asia JV Talks – Source – Fox Business

Malaysia’s Sime Darby Bhd. (4197.KU) and Australia’s Ramsay Health Care Ltd. (RHC.AU) are in talks to form a joint venture that combines several hospitals in Southeast Asia, a person familiar with the matter said. The move comes as rising incomes and an aging population in the region prompt healthcare companies to seek greater scale. Healthcare […]

Asia’s papal candidate: An easy smile, but hardly a reformer – NBCNews.com (blog)

Asia’s papal candidate: An easy smile, but hardly a reformer – NBCNews.com (blog)

Alessandra Tarantino / AP Philippine Cardinal Luis Antonio “Chito” Tagle arrives for a meeting at the Vatican on Wednesday.   MANILA, Philippines — On the face of it Philippine Cardinal Luis Antonio “Chito” Tagle has a lot going for him as a contender for pope. He’s young: At 55, the second youngest of the cardinals. […]

ADR REPORT-Drops in Asia drag foreign shares lower – Reuters

NEW YORK, March 12 | Tue Mar 12, 2013 2:38pm EDT NEW YORK, March 12 (Reuters) – U.S.-listed shares of foreign companies fell on Tuesday, dragged lower by Asian companies as traders cashed in after a recent rally in Japan, while China stocks extended a negative streak. Japanese shares retreated after Tokyo’s Nikkei snapped an […]

Obama urges end to Asia’s maritime disputes – MiamiHerald.com

WASHINGTON — President Barack Obama is urging Asian nations involved in maritime disputes to abide by the “rule of law and international standards” to ensure that conflict can avoided. Obama spoke during an Oval Office meeting with the Sultan of Brunei. He thanked the Sultan for showing “great leadership” on the maritime conflicts that have […]

Asia’s papal candidate: An easy smile, but hardly a reformer – NBCNews.com (blog)

Asia’s papal candidate: An easy smile, but hardly a reformer – NBCNews.com (blog)

Alessandra Tarantino / AP Philippine Cardinal Luis Antonio “Chito” Tagle arrives for a meeting at the Vatican on Wednesday.   MANILA, Philippines — On the face of it Philippine Cardinal Luis Antonio “Chito” Tagle has a lot going for him as a contender for pope. He’s young: At 55, the second youngest of the cardinals. […]

Obama urges end to Asia’s maritime disputes – MiamiHerald.com

WASHINGTON — President Barack Obama is urging Asian nations involved in maritime disputes to abide by the “rule of law and international standards” to ensure that conflict can avoided. Obama spoke during an Oval Office meeting with the Sultan of Brunei. He thanked the Sultan for showing “great leadership” on the maritime conflicts that have […]