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Yahoo

Business - Senate advances fast-track trade bill sought by Obama


President Barack Obama on Thursday moved closer to winning the power to speed trade deals through the U.S. Congress when the Senate advanced legislation important to his Asian trade push. Senators voted 62-38 to set up a speedy decision on the `fast-track` trade negotiating authority the president needs to complete the Trans-Pacific Partnership (TPP) trade deal. The TPP is part of Obama`s so-called pivot to Asia, a strategy to counter China`s rising economic and diplomatic clout in Asia.


Friday, May 22, 2015  00:34

Yahoo

World - Tuk-tuk taxi maker aims to make inroads in US


DENVER (AP) — They`re ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing.


Friday, May 22, 2015  08:51

Yahoo

Business - China-backed AIIB sets target to be operational by year-end


SINGAPORE/NEW DELHI (Reuters) - China-backed Asia Infrastructure Investment Bank (AIIB) on Friday set an ambitious target to become operational by the end of the year after a three-day meeting of prospective founding member nations in Singapore. AIIB said in a statement that the meeting finalised the articles of agreement, which are expected to be ready for signing by the end of June, but did not give details. China`s share in the $100 billion lender would be less than 30 percent, an Asian delegate told Reuters.


Friday, May 22, 2015  08:33

Yahoo

World - Boat people grateful for sanctuary, baffled by Gambia offer


Boat people who have come ashore in Southeast Asia after harrowing journeys are delighted that Indonesia and Malaysia will give them temporary shelter -- although some were baffled by an offer of sanctuary in a tiny African nation they had never heard of. Nearly 3,000 Rohingya and Bangladeshi migrants have been rescued or swum to shore in recent days in Indonesia, Malaysia and Thailand, after a Thai crackdown on long-established human-trafficking routes threw the illicit trade into chaos. The three nations had sparked outrage by turning away some vessels, but on Wednesday Indonesia and Malaysia relented, saying they would no longer drive boats away and would give migrants temporary shelter.


Friday, May 22, 2015  08:14

Yahoo

World - US readies air patrols in search for Rohingya boat people


BANGKOK (AP) — Attention turned Friday to the vast ocean off Southeast Asia`s west coast as Malaysian naval vessels searched for stranded boat people and the U.S. military prepared air patrols to step up its involvement.


Friday, May 22, 2015  07:53

NYTimes

Asia-Pacific - Former Korean Air Executive in `Nut Rage` Case Freed After Sentence Cut


Cho Hyun-ah, who forced a plane back to its gate over how she was served nuts, is released after an appeals court reduced and then suspended her sentence.


Friday, May 22, 2015  06:32

CNN

Top Stories - Myanmar: We`ll aid stranded migrants


Myanmar, which has previously disavowed responsibility for Rohingya migrants stranded at sea, has said it will provide search and rescue for `boat people` in its territorial waters as well as humanitarian assistance.


Friday, May 22, 2015  06:15

CNN

Top Stories - Court frees `nut rage` exec


Seoul`s High Court has suspended the one-year jail sentence for Heather Cho, the daughter of Korean Air`s chairman, who threw a fit on a flight over how she was served nuts.


Friday, May 22, 2015  06:15

BBC

Asia-Pacific - Mexico compensates China rail firm


Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m (£835,953) for cancelling a $3.75bn high-speed rail contract.


Friday, May 22, 2015  06:15

Yahoo

World - Tibetan father of four sets himself alight in China: reports


A Tibetan father-of-four set himself on fire in protest at China`s rule over the Himalayan region, overseas media and rights groups said, adding it was unclear whether he survived. Tenzin Gyatso attempted to self-immolate after being `upset` by tightened security ahead of the 80th birthday of exiled Tibetan leader the Dalai Lama, sources told Radio Free Asia, which is backed by the US government. The 35-year-old staged his fiery protest on Wednesday in Daofu, in a Tibetan-majority area of the southwestern Chinese province of Sichuan, RFA said.


Friday, May 22, 2015  05:38

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