Category Archives: Asia

Volvo now Chinese

Posted on March 29, 2010 by

Chinese car maker Geely has bought Volvo from Ford Motor Company in a deal said to be worth more than $1.75Billion. The company, based in China, says it will maintain Volvo’s manufacturing presence in Sweden and Belgium, but will consider … Continue reading →

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China tells Obama not to meet Dalai Lama

Posted on February 3, 2010 by

China this morning warned USA President, Barack Obama, that his plan to meet the Dalai Lama would further erode relations between the USA & China. The White House confirmed yesterday that President Obama would meet the exiled Tibetan leader. The … Continue reading →

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Bill Clinton negotiates freedom for Journalists in North Korea

Posted on August 5, 2009 by

Former US President, Bill Clinton, has left North Korea with 2 journalists from the USA, having negotiated their release from their 4 month custody in the communist state. While teh White House is denying that any “rewards” were offered to … Continue reading →

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Citizens Bank parent (RBS) agrees to sell Asian assets for half a billion

Posted on August 4, 2009 by

RBS, (Royal Bank of Scotland, parent of Citizens Bank & ABN Amro) has finalized a deal worth $550m to sell its operations in six Asian countries to ANZ (the Australia and New Zealand Banking Group). The deal involves operations in … Continue reading →

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Tsunami warning for New Zealand

Posted on July 15, 2009 by

A tsunami warning has been issued after an earthquake of 7.8 (on Richter Scale) off New Zealand’s western coast today. The epicenter of the earthquake was about 100 miles west of Invercargill on New Zealand’s South Island. The quake struck … Continue reading →

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Al Qaida ‘members’ executed in Iran

Posted on July 14, 2009 by

Iranian state radio said today that authorities have publicly hanged 14 members of a Sunni rebel group that have been blamed for bombings and killings in southeastern Iran. Today’s report said the hangings took place 930 miles southeast of the … Continue reading →

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