Sep
08

Southeast Asia – Malaysia opens ‘baby hatch’

Malaysia opens ‘baby hatch’
The Malaysian capital has introduced a so-called “baby hatch” to try to save some of the hundreds of babies abandoned every year.

UBS hires two bankers for Singapore-based private bank unit
UBS has hired two bankers to join its ultra high net-worth team in Singapore, the bank said in an internal memo.

Philippine massacre ‘carefully planned’: witness
A powerful Muslim clan carefully planned and carried out the killings of 57 people — including 30 journalists — in the Philippines’ worst massacre, a witness said Wednesday as the landmark trial began.

East Timor deputy PM quits, coalition seen at risk
One of East Timor’s two deputy prime ministers resigned on Wednesday after he said Prime Minister Xanana Gusmao called him a liar, posing a risk to stability of the ruling coalition of the world’s youngest countries.

Singaporean club apologises for “unacceptable” brawl
Singaporean soccer club Young Lions on Thursday apologised for the “unacceptable” on-pitch brawl which caused their S.League match with Beijing Guoan to be abandoned earlier in the week.

Myanmar leader wants better China ties as polls loom
Myanmar’s junta leader Than Shwe said Wednesday he wanted to bolster ties with China, his regime’s main trade partner and diplomatic ally, two months ahead of polls decried in the West as a sham.

Philippines Tells Local Banks Peso Global Debt Sale to Carry Dollar Risk
The Philippine central bank told local lenders to treat their investment in a planned sale of more than $500 million of global peso bonds as part of their dollar holdings, limiting their capacity for purchases.

FBI: Bomb threat on Thai Airways plane was hoax
The threatening note found in the restroom of a Thai Airways plane was a hoax, FBI officials said Wednesday.

E.Timor deputy PM resigns over corruption
East Timorese Deputy Prime Minister Mario Carrascalao resigned Wednesday over corruption after a public row with Prime Minister Xanana Gusmao about alleged graft in the finance ministry.

East Timor deputy PM quits amid spat with boss
One of East Timor’s deputy prime ministers said he has resigned after Prime Minister Xanana Gusmao publicly called him a “liar” for his outspoken critiques of the government’s failure to tackle corruption and improve people’s lives.

Clan Planned Philippine Massacre Over Dinner, Witness Says
The patriarch of the clan that has long controlled Maguindanao Province gathered family to discuss the plot six days before the killings of 57 political rivals last November, a housekeeper testified.

East Timor’s deputy prime minister resigns
One of East Timor’s deputy prime ministers resigned after Prime Minister Xanana Gusmao allegedly screamed at him during a public meeting and called him a liar dealing another blow to the young country’s stability.

Japan, India, Thailand, Malaysia, Philippines: Asia Bond, Currency Preview
The following events and economic reports may influence trading in Asia s local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise.

Philippines says likely to miss UN millennium goals
The Philippines is in serious danger of missing many of the UN development goals, including halving poverty by 2015, President Benigno Aquino and a senior economic advisor acknowledged Wednesday.