FEATURED STORIES

TOP NEWS

The first of two Terminal High Altitude Area Defense (THAAD) interceptors is launched during a successful intercept test. The test, conducted by Missile Defense Agency (MDA), Ballistic Missile Defense System (BMDS) Operational Test Agency, Joint Functional Component Command for Integrated Missile Defense, and U.S. Pacific Command, in conjunction with U.S. Army soldiers from the Alpha Battery, 2nd Air Defense Artillery Regiment, U.S. Navy sailors aboard the guided missile destroyer USS Decatur (DDG-73), and U.S. Air Force airmen from the 613th Air and Operations Center resulted in the intercept of one medium-range ballistic missile target by THAAD, and one medium-range ballistic missile target by Aegis Ballistic Missile Defense (BMD). The test, designated Flight Test Operational-01 (FTO-01), stressed the ability of the Aegis BMD and THAAD weapon systems to function in a layered defense architecture and defeat a raid of two near-simultaneous ballistic missile targets

Russia, China slam US meddling in Koreas, South China Sea

(From AP) Denouncing what they see as outside interference in the South China Sea and Korean Peninsula, the foreign ministers of Russia and China voiced mutual support Friday as they seek to counter the influence of Washington and its allies, particularly in Asia. The Terminal High Altitude Area Defense (THAAD) system Following talks in Beijing, Russia's Sergey Lavrov and China's Wang Yi ...
/ by
ASIA UNHEDGED

china-stocks-trader

China fund used to bailout stock markets lose 12% in value

Fifty brokerages that spent billions to stabilize the market last summer say the loss will not affect their bottom-lines (From Caixin Online) By staff reporter Zhang Yu Securities firms that invested 220-billion-yuan with state-backed China Securities Finance Corp. (CSF) to buy shares at the ...
/ by
pboc

Beijing makes biggest yuan rate move in 11 years

(From BBC) China has raised the exchange rate for its currency, the yuan by 0.56% against the US dollar, from the previous day The central bank - People's Bank of China (PBOC) - fixed the yuan rate at 6.4589 to the US ...
/ by
xi-jinping-us-visit

China’s Xi says economy had good start to 2016 but faces pressure: Media

(From Reuters) China's economy has had a good start to 2016 and continues to operate within a reasonable range, but still faces relatively large downward pressure, President Xi said on Friday according to state radio. Xi reiterated that the country will maintain ...
/ by
yen600

Yen’s best week since 2008 crisis hits stocks and dollar

(From Reuters) The yen hit an 18-month high on Friday as investors wagered the Bank of Japan might be done adding fresh stimulus to the economy, culminating in a sharp rise on the week that dragged stocks around the world lower. With ...
/ by
ASIA TIMES NEWS & FEATURES

Philippines marines in training exercise

Asia’s new battlefield: The Philippines’ South China Sea moment of truth

(From the National Interest) A specter is haunting Asia—the specter of full Chinese domination in the South China Sea. Latest reports suggest that China could soon ...
/ by
Presidential candidate Davao City Mayor Rodrigo Duterte forges an alliance with Cavite Governor Jonvic Remulla

Philippine polls: Remullas drop Binay, vow big win for Duterte in Cavite

(From Inquirer.net) Saying they listened to the clamor of the people, members of the Remulla political clan of Cavite province on Friday said they will support Davao City ...
/ by
The Communist Youth League has long been a proving ground for young up-and-comers to demonstrate their political talent

Xi move on faction suggests China elite struggle: Experts

(From AFP) Allies of Chinese President Xi Jinping are moving against a Communist organisation that is the power base of Premier Li Keqiang, in what analysts ...
/ by
grants police the power to question NGO administrators, search residences and facilities and seize files and equipment.

Concern over China clampdown on foreign nonprofits

(From AP) China passed a law Thursday tightening controls over foreign non-governmental organizations by subjecting them to close police supervision, a move officials say will help ...
/ by
weep

North Korea sentences American to 10 years hard labor: Xinhua

(From Reuters) North Korea's Supreme Court sentenced a Korean American man to 10 years of hard labor on Friday for subversion, China's Xinhua news agency reported, ...
/ by
monk

Revered Chinese monk mummified and covered in gold leaf

(From AP) A revered Buddhist monk in China has been mummified and covered in gold leaf, a practice reserved for holy men in some areas with ...
/ by

Asia Times Top Writers

Fashion, Lifestyle, Sports, Travel, Food, Tech


unnamed-2
(From Jing Daily) With a K-pop obsession and love for traveling to South Korea, Chinese consumers’ demand for Korean products is creating big competition for Western brands in the areas of beauty and fashion. Korean cosmetics exports to China surged 250% last year, and accounted for almost ... Read More
loseweight
The obsession with 'perfect body' seems to be a never-ending affair with Chinese women. After the much-touted #A4waist challenge and #iPhone6 legs, another body flaunting hashtag in trending on Weibo, the Chinese social media site. And this time, it is a ... Read More
jv_koLJmUkiRQhStvY7Ehg
(From Fiba) Canada will begin shortlisting the final 12-player roster for the 2016 Rio Olympics when they open a training camp on 21 May in Edmonton, Basketball Canada (BC) announced on Wednesday. But before they host China in a three-game series from ... Read More
Elephant big tusker
(From Travel Pulse) Sambo, a middle-aged elephant giving rides to tourists in the Cambodian heat at Angkor Wat, collapsed and died. The elephant’s owners at Angkor Elephant Company said that the elephant died of heart failure as well as stress and ... Read More
tumblr_mkcbq7I4Dw1qik6deo1_1280
The Japanese are perfectionists. Be it the work they do or the food they eat, they prefer an organized approach. When Japanese mothers pack food for their loved ones, they spend time and effort to make the portion appealing. For this, ... Read More
Virtual_Reality_Oculus_Rift
Fake is the new real. And for many, it’s good news. Remember the time we made make-believe friends? Not every parent was forthcoming in accepting this ‘pretend pal.’ It scared the bejesus out of them. Several psychologists were consulted.  Some blamed it ... Read More