Category Archives: Asia

Volvo now Chinese

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

Posted in Asia, automotive, Business, China | Tagged , , , , , | Leave a comment

China tells Obama not to meet Dalai Lama

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

Posted in Asia, China, Politics, USA | Tagged , , , , , , | Leave a comment

Bill Clinton negotiates freedom for Journalists in North Korea

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

Posted in Asia, Politics, USA | Tagged , , , , , , | Leave a comment

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

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

Posted in Asia, Business, Thailand, United Kingdom | Tagged , , , , , , , , , , | Leave a comment

Tsunami warning for New Zealand

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

Posted in Asia, Danger, Travel | Tagged , , , , , , | Leave a comment

Al Qaida ‘members’ executed in Iran

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‚Äôs report said the hangings took place 930 miles southeast of the … Continue reading

Posted in Asia | Tagged , , , , , , | Leave a comment