U.S. BASES IN PHILIPPINES STIR UP WAR OF WORDS 

13 May 1988 Reuters News English (c) 1988 Reuters Limited  MANILA, May 13, Reuter – The U.S. bases in the Philippines have sparked a superpower slanging match and stirred passionate debate about self-respect, alms-giving, sovereignty and subservience.  Since April 5 when Manila-Washington talks on the future of the bases began, Philippine talk shows and newspaper…

PHILIPPINE BANKS SEEN LOSING OUT ON CURRENCY DEALS 

18 May 1988 Reuters News English (c) 1988 Reuters Limited  MANILA, May 18, Reuter – Philippine banks are missing opportunities by restricting foreign exchange trading to U.S. dollars and not dealing in stronger currencies like the yen, Central Bank Governor Jose Fernandez said.  He told Reuters in an interview that technically, commercial banks could buy or…

INDIA’S POLITICAL INSTABILITY SEEN SLOWING GROWTH

22 November 1989  Reuters News English  (c) 1989 Reuters Limited  NEW DELHI, NOV 22, Reuter – Political instability likely to result from this week’s elections could dangerously slow India’s economic growth, economic analysts said.  They said the new government could also face a resource crisis brought on by plunging foreign exchange reserves, unbridled domestic demand…

INSTABILITY SEEN SLOWING GROWTH IN RESOURCE-STRAPPED INDIA

22 November 1989  Reuters News  English  (c) 1989 Reuters Limited  NEW DELHI, Reuter – Political instability likely to result from this week’s elections could slow India’s growth dangerously, analysts said on Wednesday.  They said the new government would also face a resource crisis brought on by plunging foreign exchange reserves, unbridled domestic demand and a…

WIDOW OF INDIRA GANDHI ASSASSIN SET TO ENTER INDIA PARLIAMENT

23 November 1989 Reuters News English (c) 1989 Reuters Limited  CHAMKAUR SAHIB, India, Nov 23, Reuter – Long before Bimal Kaur Khalsa’s motorcade churns into dusty view across the Punjab countryside, the waiting crowds are chanting militant Sikh slogans.  Khalsa, widow of one of prime minister Indira Gandhi’s assassins, has come to symbolise the anger…

Exhausted Gandhi ends Campaign in mud opposition Jubilant

24 November 1989 Reuters News English (c) 1989 Reuters Limited  LUDHIANA, India, Nov 24, Reuters – Indian Prime Minister Rajiv Gandhi wound up an exhausting election campaign on Friday, addressing a sparse crowd standing up to its ankles in mud.  Chief rival Vishwanath Pratap Singh ended his campaign jubilant.  “Congress will be routed,” Singh told…

Troops at battle stations as India’s Punjab goes to the polls

26 November 1989 Reuters News English (c) 1989 Reuters Limited  CHANDIGARH, India, Nov 26, Reuters – India’s bloody general election entered its final stage on Sunday with an exit poll from earlier voting predicting that Prime Minister Rajiv Gandhi faces major losses.  The survey, conducted by the independent India Today magazine, forecast neither Gandhi nor…

INDIA WILL ASK IMF FOR MORE FUNDS – MINISTER

13 April 1992 Reuters News English (c) 1992 Reuters Limited  TOKYO, Reuters – India intends to ask the International Monetary Fund (IMF) for more contingency funds, although foreign reserves are at a very comfortable level, Finance Minister Manmohan Singh said.  Singh, who has spearheaded a series of sweeping reforms that have turned India’s socialist economic…

JAPAN APPROVES $87 MILLION SPENDING PLAN 

29 August 1992 Los Angeles Daily News Valley  The Japanese government Friday approved an $87 billion spending package – the nation’s largest since World War II – in a bid to jolt the dormant economy back to life.  During a late-evening meeting, government ministers rubber-stamped the growth-boosting package totaling 10.7 trillion yen.  The massive package was in line…

The awesome explosion of Asia’s airwaves As viewers tune in to the cornucopia, some governments worry about foreign encroachment 

29 December 1992 The Globe and Mail All material copyright Thomson Canada Limited or its licensors. All rights reserved. Tokyo SATELLITE and cable television is approaching the status of rice as staple in the Asian diet but some governments feel threatened by foreign encroachment on their airwaves.  Viewers across Asia are tuning in to a cornucopia…

Japan’s economy sinks deeper into mire

14 September 1993 Reuters News English (c) 1993 Reuters Limited  TOKYO, Sept 14 (Reuter) – Japan’s sickly economy has been contracting as its stubborn trade surplus balloons, government figures showed on Tuesday.  Gross national product (GNP) shrank 0.5 percent in the April/June quarter from the previous quarter after adjustment for inflation, the government’s Economic Planning…

INTERVIEW-Pakistan says its missiles better than India’s

15 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 15 (Reuters) – Pakistan’s foreign minister on Tuesday warned India of massive retaliation if it tried to launch a pre-emptive strike on his country, arguing that Islamabad had a more advanced missile programme than New Delhi. Mian Khursheed Mehmood Kasuri described as “irresponsible”…

INTERVIEW-Hindalco eyes expansion, acquisitions for growth

9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – Hindalco Industries, a leading Indian maker of non-ferrous metals, aims to expand its aluminium and copper capacity through expansion and acquisitions to attain global reach, its managing director said on Tuesday. Hindalco is the flagship of India’s third-largest conglomerate by…

India relives midnight “tryst with destiny”

14 August 1997 Reuters News English (c) 1997 Reuters Limited  NEW DELHI, Aug 15 (Reuters) – India’s leaders gathered in their parliament’s majestic Central Hall on Thursday night to relive their nation’s “tryst with destiny” a half-century ago.  The vast domed chamber, its thick warm air stirred ineffectually by ancient fans, was packed with lawmakers…

Britain’s Labour accused of Kashmir freedom agenda 

16 October 1997 Reuters News English (c) 1997 Reuters Limited  NEW DELHI, Oct 16 (Reuters) – Queen Elizabeth’s tour of India slid deeper into controversy on Thursday with sources close to the Indian government charging that Britain’s ruling Labour Party had a “hidden agenda” to create an independent Kashmir region.  Even as British officials scrambled…