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CUBA-CHINA: Strengthening Friendly Ties
HAVANA, Nov 19 (IPS) - Cuba and China strengthened their political and economic alliance this week, at a time when the EU and Cuba have formally restored relations and the government of Raúl Castro is forging closer ties with the rest of Latin America and with Moscow.

Barclays' shareholders take the bait
Barclays’ shareholders lap up $754 million worth of reserve capital instruments, but the outcome of a forthcoming vote on the investment by Abu Dhabi- and Qatar-based investors is still unclear.

Asia DayAhead: Chrysler Studied Bankruptcy Before Aid (Updat..
Nov. 20 (Bloomberg) -- U.S. stocks sank and benchmark indexes slid to their lowest levels since 2003 on growing concern over the health of the financial system and survival of the nation's car industry. Deutsche Bank AG, Germany's biggest bank, plans ...

Oil drops below $54 as demand from Jan.-Oct. fell 5% vs. yea..
Oil prices over 6 months. HOUSTON (Reuters) — Oil slipped below $54 a barrel Wednesday as U.S. inventories rose and demand weakened due to the global economic slowdown. Light, sweet crude for December delivery fell 77 cents to settle at $53.62 a ...

Questions linger over Nomura’s integration of Lehman
A bland press conference by Nomura CEO Kenichi Watanabe fails to allay doubts.

Private capital needed to fund Asian infrastructure
An increase in private funding through the debt markets hinges on the development of a “credit culture” with solid due diligence, continual oversight and regular disclosure.

Will Russian Woes Spread to Central Asia? - BusinessWeek
Ordinary Russians are feeling the sting of a slowing economy, and republics such as Uzbekistan, Kyrgyzstan, and Tajikistan may be next A glance through some newspaper headlines of a century or so back can be a useful antidote to feelings of incipient ...

Standard Chartered strengthens transaction banking team
The bank promotes four senior transaction banking staff in Asia, as the business continues to generate solid revenues.

Climate change momentum fading: Asia-Pacific survey - Terra ..
Climate change is fading as a priority in the Pacific Rim as the gloomy state of the global economy takes precedence, a survey of opinion leaders showed Wednesday. The private Pacific Economic Cooperation Council released an annual survey of leaders ...

Asia World Cup qualifying wrap - Sydney Morning Herald
MANAMA, November 19 - Australia kept their 100 percent World Cup qualifying record intact with a last-gasp 1-0 win over Bahrain on Wednesday while Group One rivals Japan secured a crucial 3-0 victory in Qatar. The result left the Soceroos with nine ...

DLA Piper appoints new Singapore office head
The legal services provider appoints Martin David to run the Singapore office and head the finance and projects group in Asia.

Questions linger over Nomura’s acquisition of Lehman
A bland press conference by Nomura CEO Kenichi Watanabe fails to allay doubts.

Junk bond yields spike
Average yields on US junk bonds have topped more than 20 per cent for the first time amid rising concerns about a protracted recession and a wave of corporate defaults

Congress rebuffs automakers - Statesman Journal
WASHINGTON — Detroit's Big Three automakers pleaded with a reluctant Congress on Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, pointedly warning of a national economic catastrophe should they collapse. Millions ...

US: Iran standoff with IAEA 'unfortunate and disappointing' ..
AFP - The White House accused Iran Wednesday of an "unfortunate and disappointing" failure to cooperate with the UN nuclear watchdog agency and effectively rejecting a US offer for high-level talks.

Myanmar activist follows dad, grandfather to jail (AP)
AP - A court in military-ruled Myanmar sentenced a student activist to 6 1/2 years in jail on Wednesday, a week after his father received a 65-year prison term for his own political activities and a decade after his grandfather died in custody.

Oil Prices Fall Below $54 a Barrel - Wall Street Journal
NEW YORK -- Crude oil closed lower for a fourth straight session Wednesday, depleted by fresh evidence of weak demand and growing stockpiles. Light, sweet crude for December delivery dropped 77 cents, or 1.4%, to settle at $53.62 a barrel on the New ...

Asia Day Ahead: Chrysler Considered Bankruptcy Before Aid Pu..
Nov. 20 (Bloomberg) -- U.S. stocks fell and the Standard & Poor's 500 Index slid below its lowest close since 2003 on growing concern over the fate of the nation's car industry and economic data signaling the recession is deepening. Deutsche Bank AG ...

Economic data cast pall over Wall Street
Fears that the US economy could be heading for deflation and that Washington could reject the car industry's pleas for a bail-out helped send Wall Street stocks sharply lower

Vietnam president hails joint ties in Venezuela visit
CARACAS : Vietnam's president hailed his country's friendship with Venezuela on Wednesday in the first visit by a head of state from the communist nation here, which was set to focus on oil and gas ties.

Moderate quake strikes off Japan
TOKYO: A 5.1-magnitude earthquake struck off the main Japanese island of Honshu on Thursday, seismologists said.

China's Hu puts off Cuba debt payments - Reuters
HAVANA (Reuters) - Chinese President Hu Jintao agreed to put off some of Cuba's debt payments and gave the island $80 million for hospital modernization and other projects during a visit on Tuesday to strengthen ties between the Communist-run ...

Last-gasp Australia take huge step towards World Cup (A..
AFP - Australia kept their 100 percent World Cup qualifying record intact with a last-gasp 1-0 win over Bahrain on Wednesday while Group One rivals Japan secured a crucial 3-0 victory in Qatar.

China's Hu courts Latin America with Peru stop
LIMA: Chinese President Hu Jintao arrives in Peru on Wednesday for the final stop in a three-nation swing through Latin America that has underscored the Asian giant's growing clout in the region.

Suspected U.S. missile strike kills at least 6 in Pakistan
The attack Wednesday on a house in Bannu District was the first to target a district outside the lawless Pakistani tribal regions along the Afghan border.

Amnesty slams Sri Lanka, Tigers over civilians in war zone ..
AFP - Amnesty International on Wednesday said Sri Lanka was unable to provide for the basic needs of 300,000 people trapped inside rebel-held areas and accused Tiger guerrillas of using them as human shields.

Indian navy sinks suspected pirate 'mother ship' in the Gulf..
NEW DELHI - The Indian navy sank a suspected pirate "mother ship" and chased two attack boats into the night, officials said Wednesday, as the owners of a seized Saudi supertanker negotiated for the release of their vessel and its cargo of two ...

Tibetan diaspora maps out way ahead
Nearly 600 prominent exiles have flocked to Dharamsala, the seat of the government-in-exile, for an unprecedented 'special meeting' to discuss the future of their homeland

Big Three running out of time - Crescent-News
WASHINGTON (AP) -- Detroit's Big Three automakers are running out of time in their quest to convince skeptical lawmakers that Congress should throw them a $25 billion lifeline. Top executives with General Motors, Ford and Chrysler will return to ...

Japan says Australia to avoid force on whales (AFP)
AFP - Japan said Wednesday it received assurances from Australia that it would seek a diplomatic solution to an emotionally charged dispute on whaling and avoid the use of force.

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