Apr
15

Asia Pacific News – Canada, Japan reach pact to expand airlines routes (National Post)

Canada, Japan reach pact to expand airlines routes (National Post)
Canada and Japan reached an agreement that will let Air Canada and other airlines expand service to Japanese cities outside Tokyo.

Russia seeks Japan help on Sakhalin-1 project – Nikkei (Reuters via Yahoo! Philippines News)
TOKYO, April 15 (Reuters) – Russia is seeking Japan’s help in building a pipeline and liquefied natural gas export terminal near Vladivostok for its Sakhalin-1 project, the Nikkei business daily reported, citing an unnamed Japanese foreign ministry official.

Philippine Peso Drops on Concern Growth to Fall Short of Target (Bloomberg)
April 15 (Bloomberg) — The Philippine peso weakened on concern economic growth will fall short of government targets, discouraging overseas funds from investing in the country.

E. Timor first lady takes bus to Pangasinan (Philippine Daily Inquirer)
Like a typical balikbayan, Jacqueline Aquino Siapno, with 5-year-old son Hadomi in tow, arrived at the Ninoy Aquino International Airport 10 days ago and was met by her mother.

Philippine Peso Drops as Growth May Not Meet Target; Bonds Rise (Bloomberg)
April 15 (Bloomberg) — The Philippine peso weakened on concern economic growth will fall short of government targets, discouraging overseas funds from investing in the country. Local-currency bonds rose.

Japan Stocks: Aeon, Central Glass, Daiseki, Elpida, Mazda, TDK (Bloomberg)
April 15 (Bloomberg) — Japan’s Nikkei 225 Stock Average fell 107.89, or 1.2 percent, to 8,734.79 as of 9:30 a.m. in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Philippines sends clerics to appeal to kidnappers (AlertNet)
Source: Reuters MANILA, April 15 (Reuters) – The Philippine government has sent a group of Muslim clerics to try to convince Islamic militants to release one of two Red Cross workers held captive for three months, …

Japan Stocks: Aeon, Komatsu, Mandom, Yaskawa Electric, Yonekyu (Bloomberg)
April 15 (Bloomberg) — Japan’s Nikkei 225 Stock Average fell 99.72, or 1.1 percent, to 8,742.96 as of the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Japan Stocks Fall After U.S. Retail Sales Drop, Yen Strengthens (Bloomberg)
April 15 (Bloomberg) — Japanese stocks dropped after U.S. retail sales unexpectedly declined and the stronger yen dimmed the earnings outlook for Japan’s electronics and auto companies.

Japan kills 680 Antarctic whales, below target (Times of Malta)
Japanese whaling ship Yushin Maru No. 3 anchored at the Shimonoseki port in Yamaguchi, western Japan, yesterday. Japan’s whaling catch in its latest Antarctic hunt fell far short of its target after disruptions by anti-whaling activists, according to the Fisheries Agency.

Australian lobby slams Qantas for serving Philippine bananas (Manila Standard Today)
AUSTRALIAN banana growers have taken their protectionist lobby to the skies and censured their national carrier, Qantas Airways, for serving passengers with bananas grown in the Philippines on trans-Tasman flights.

Philippine Economy Probably Grew 2.1% to 3.1% in First Quarter (Bloomberg)
April 15 (Bloomberg) — Philippine economic growth may have slowed to the weakest in more than seven years in the first quarter as exports dropped and consumer spending weakened, Economic Planning Undersecretary Augusto Santos said.