Showing posts with label Asia. Show all posts
Showing posts with label Asia. Show all posts

Thursday, October 15, 2009

World's Richest People: Asia Poised to Pass U.S.

As Asia's economic growth races ahead of that of the U.S., the investment portfolios of Asia's wealthiest people are picking up enough momentum to launch them past their North American counterparts.

A report released on Oct. 13 by Merrill Lynch and consulting firm Capgemini Financial Services projects that with the global recession easing, the total net worth of Asia-Pacific's wealthy — those with at least $1 million in investable assets — is set to grow at a faster pace than the holdings of rich people in other parts of the world. If this trend takes hold, the total value of assets held by Asia's rich could surpass the combined assets of North America's wealthy by 2013.

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Wednesday, September 30, 2009

Strong Indonesia quake kills 200, traps thousands

JAKARTA, Indonesia – A disaster management official says at least 200 people have been killed by the powerful earthquake that struck western Indonesia. Priyadi Kardono, a spokesman for the National Disaster Management Agency, says the deaths were counted in the coastal Sumatran city of Padang, following Wednesday's 7.6 magnitude quake.

A higher death toll is expected once officials tally casualties in other areas of West Sumatra province where communications and roads have been severed.

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Tuesday, September 29, 2009

World's Biggest Cave Found in Vietnam

James Owen

A massive cave recently uncovered in a remote Vietnamese jungle is the largest single cave passage yet found, a new survey shows.

At 262-by-262 feet (80-by-80 meters) in most places, the Son Doong cave beats out the previous world-record holder, Deer Cave in the Malaysian section of the island of Borneo.

...A local farmer, who had found the entrance to the Son Doong cave several years ago, led the joint British-Vietnamese expedition team to the cavern in April. The team found an underground river running through the first 1.6 miles (2.5 kilometers) of the limestone cavern, as well as giant stalagmites more than 230 feet (70 meters) high.

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Friday, September 25, 2009

Taiwan to block visit by exiled Uighur leader

By Ralph Jennings

TAIPEI (Reuters) - Taiwan will not allow exiled Uighur leader Rebiya Kadeer to visit the island as proposed in December, an official said on Friday, a move likely to please rival China but upset anti-China factions at home.

Kadeer, a former businesswoman who now leads exile group the World Uyghur Congress, wanted to come in December for a series of speeches at the invitation of an entertainer close to Taiwan's anti-China opposition Democratic Progressive Party (DPP).

Questioned by legislators on Friday, Taiwan interior Minister Chiang Yih-hwa said the government had confirmed it would not allow the visit, citing safety concerns.

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Fanged frog, other new species found in Mekong

By MICHAEL CASEY, AP Environmental Writer Michael Casey, Ap Environmental Writer
Fri Sep 25, 8:50 am ET

BANGKOK – A gecko with leopard-like spots on its body and a fanged frog that eats birds are among 163 new species discovered last year in the Mekong River region of Southeast Asia, an environmental group said Friday.

WWF International said that scientists in 2008 discovered 100 plants, 28 fish, 18 reptiles, 14 amphibians, two mammals and one bird species in the region. That works out to be about three species a week and is in addition to the 1,000 new species catalogued there from 1997 to 2007, the group said.

"After millennia in hiding these species are now finally in the spotlight, and there are clearly more waiting to be discovered," said Stuart Chapman, director of the WWF Greater Mekong Program.

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