Kitsilano couple reaches out to Asia
John Cassils had just pulled out his video camera in a village in northern Laos in 1999 when he was invited into a hut to see a shaman dancing.
John, his wife Nina and four friends had been enjoying a 10-day trip by riverboat and four-wheeled drive in the mountainous area near the Chinese border. They'd asked their driver to drop them off outside the village and walked in separately with no translator, although one friend who was in the Vietnam War spoke Lao.
Oct. 29 (Bloomberg) — Asian stocks gained amid speculation Japan will cut interest rates and China will take steps to boost equities, adding to global efforts to revive confidence in financial markets.
Mitsubishi UFJ Financial Group Inc. climbed 10 percent after the Nikkei English News said the Bank of Japan may lower rates to 0.25 percent. Panasonic Corp., the world’s largest maker of consumer electronics, jumped 10 percent after profit beat its quarterly target. BHP Billiton Ltd. advanced after prices for metals and oil gained. The Dow Jones Industrial Average surged 11 percent yesterday, helped by expectations the U.S. Federal Reserve will cut interest rates later today.
Wall Street crisis quickly hurts Hawaii | HonoluluAdvertiser.com | The Honolulu Advertiser
…….. little comfort to the visitor industry, which is projected to endure its second straight year of falling visitor counts this year. In July, visitor counts were off 14 percent, while average hotel occupancy slumped to a 10-year low at 74.2 percent.
MORE RELATED: The emerging Chinese and Korean visitor markets may well be the future of Hawaii’s tourism industry
Asia-Pacific growth to slow down – report
Economic growth in the Asia-Pacific region will slow to 3.7 percent year-on-year this year from 4.9 percent last year, while inflation will become a bigger concern, a major regional think-tank has forecast.
China will continue to drive the region’s economy and grow by 9.6 percent this year, down from 11.4 percent last year, according to the report by the Pacific Economic Cooperation Council (PECC). It will account for more than 40 percent of Asia-Pacific economic growth.
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ASEAN’s help sought on rice crisisby CARMELA FONBUENA
abs-cbnNEWS.com/Newsbreak
Amid growing restlessness over the sufficiency of the country’s rice supply, a resolution was filed in the Senate Monday calling on the government to call for an Association of Southeast Asian Nations (ASEAN) emergency meeting to address the rice crisis in the region.
more here:Queues for NFA Rice Keep Getting Longer