What drove Aziz Haidari to return to his native Afghanistan to witness the final agony of the Taliban regime in November 2001 was his unshakeable belief that reporting the news, accurately, faithfully, truthfully, can make all the difference. It was that same belief that made Aziz’s nine-year association with Reuters such a profound one, and…
Dhaka, Aug. 11: Bangladesh’s state minister for local government and rural development Syed Abul Hossain has resigned after he used a second passport on a recent private visit to Singapore, officials at the Prime Minister’s office said on Monday. They said the minister tended his resignation letter on Sunday requesting Prime Minister Sheikh Hasina Wajed…
BY SCOTT McCORMACK Southall (London), Aug. 11: The sign outside the local primary school sternly warns against parking in front of the gates — in English, Hindi, Punjabi and Urdu. Within shouting distance of the modest building are a mosque, a church, Sikh and Hindu temples, plus the Sum Mari Bureau, proudly claiming to…
Hong Kong: A growing number of Americans are paying $3,000 to adopt Chinese orphan baby girls, a Hong Kong newspaper said on Sunday. The Sunday Morning Post said demand was so high that the United States consulate in the south China city of Guangzhou had set up an adoption unit staffed by a state department…
By Raja Asghar Islamabad, Aug.10: Pakistan marks its golden jubilee this week with its frayed democratic institutions under pressure from ethnic and religious violence, economic strains and a profound disenchantment with the ruling elite. “Clearly there is panic on all sides,” political commentator Nasim Zehra wrote in a recent article. “The government knows it is…
WASHINGTON, July 21.— The House of Representatives’ Merchant Marine Committee today approved a Bill to block petroleum shipments to any foreign country unless the Secretary of Commerce certified that such exports would not interfere with national defence or security. The Bill arose out a committee of inquiry into shipments of petroleum products to Russia,…
SHANGHAI, July 22. Rumours of impending changes in the Executive Yuan (Chinese Cabinet) were current in political and commercial circles here as Nationalist China prepared for the visit of Gen Wedmeyer, President Truman’s “fact-finder,” and his mission. It was unofficially reported that to enable the Government to carry out its general mobilization order for…
NANKING, July 22. Lieut-Gen Ressuke Isagai, 65-year-old Governor of Hong Kong during the Japanese occupation, was sentenced to life imprisonment by a Chinese war crimes court today. One of the charges against him was that he “poisoned the people of Hong Kong by the sale of opium” during his term. Another charge was that…
LITTLE LIKELIHOOD OF INSURRECTION LONDON, July 22—U Tin Tut, Burma’s Minister without portfolio and High Commissioner-Designate to Britain, and U Ko Gyi, Vice-President of the Burma Socialist Party, on the eve of their departure from London today for Rangoon, gave an exclusive message for the Burmese people. Speaking for both, U Tin Tut said, On…
WASHINGTON, July 21.—The U.S. State Department tonight released the text of a message from the Consul in Rangoon, Mr Packard, to the Counsellor of Foreign Affairs, Thakin Nu. The message said: “I have the honour to convey to you in the name of my Government the horror with which it has learned of the…
SHANGHAI July 21.—Gen Fu Tso Yi, Governor of Suiyuan, the Chinese province bordering Outer Mongolia, who is visiting Nanking, today denied reports that Outer Mongolia troops had penetrated 65 miles into Chinese territory. He also denied that they had set up their own Outer Mongolian border Government. (The Nanking Government sent a protest Note…
LONDON, July 21.— The distribution of rice in Malaya and other Far Eastern countries would be affected by the withdrawal of Brazil from the International Emergency Food Council, Mr. W. Fletcher (Cons) said in the House of Commons today. Brazilian rice was being dealt with in large quantities in other countries within the IEFC…
BY BRIAN WILLIAMS Mazar-e-Sharif, Aug. 11: The leader of Afghan Opposition forces besieging Kabul said on Monday he was ready for peace talks any time and anywhere, except in Pakistan. Northern alliance leader Ahmed Shah Masood also made an impassioned plea in an interview for the United States and other major western nations to get…
‘Parties agree to resume trilateral meetings’ Jerusalem, Aug. 11: US envoy Dennis Ross has brought about the first meeting between Israeli officials and Palestinian leader Yasser Arafat since an Islamic militant bombing deepened the crisis in West Asia peace efforts last month. But Israel has reiterated that it will only be satisfied if it sees…
Gaza, Aug. 11: Thousands of Palestinian protesters marched on Gaza’s main street on Monday demanding Israel free their prisoners and end a closure it posed after a suicide attack last month in Jerusalem. “As long as my son is in prison, I don’t feel any peace,” said a woman, whose 24-year-old son Ahmad is serving…
THE HAGUE, July 22.— The Dutch Government, in a statement handed to Dr Pelt, acting General Secretary of the United Nations, explaining why “police measures” had been taken in Indonesia, said that the Indonesians had violated the truce, it was disclosed today. The Note said: “The Republic’s unwillingness or inability to implement the Linggadjati agreement,…
Reuters correspondent Doon Campbell, who arrived in India in March 1947 fresh from covering World War II, spent the next 15 months in Delhi — a period which witnessed the independence of India and birth of Pakistan as well as the tragic assassination of Mahatma Gandhi a few months later. Campbell, 77, who is now…
Reuters correspondent Doon Campbell, who arrived in India in March 1947 and spent the next 15 months covering the independence of India and birth of Pakistan as well as the tragic assassination of Mahatma Gandhi a few months later, is now 77 and lives in retirement in England. In this seventh article in a series…
CROWDS BREAK POLICE CORDONS AT AIRPORT _______________ TRIUMPHANT DRIVE THROUGH CITY _______________ LEAGUE FLAG UNFURLED AT GOVERNMENT HOUSE FROM OUR STAFF CORRESPONDENT Karachi, Aug 7. —More than 50,000 people, who in their enthusiasm broke several rings of police cordons, thronged Mauripur airport this evening to welcome the Governor-General designate of Pakistan, Mr. Jinnah. They came…
CONSTITUENT ASSEMBLY DECISION _____________ SUPPORT FROM ALL COMMUNITIES FROM OUR SPECIAL REPRESENTATIVE New Delhi, Tuesday. —There were scenes of enthusiasm in the Constituent Assembly today when Pandit Nehru in a stirring speech commended to the House for adoption the National Flag of India—a horizontal tricolour of saffron, white and green with the Wheel of Asoka…
Websites and portals across Asia are latching on to a new Reuters editorial product put together in a new way. It’s barely seven months old but already the Asia Online Report is carving a niche for itself. The service could point the way for the Reuters editorial product of the future. What is an online…
New Delhi, May 13 (Reuters) – Pakistan’s test launch of its longest-range missile last month triggered this week’s series of underground nuclear tests by India, a senior Indian official said on Wednesday.
In a briefing for Western news agencies hours after India stunned the world with two more underground nuclear blasts, the official, who spoke on condition of anonymity, set forth the rationale for the tests in unambiguous terms.
“No more tests are planned,” he said.
Calcutta, India, June 15 (Reuters) – The leader of the world’s oldest democratically elected communist government looked back on his 20 years in power, and said he was proud of his achievements in a “capitalist feudalist” society. Jyoti Basu, the 82-year-old chief minister of India’s West Bengal state, told Reuters in an interview late on Saturday…
New Delhi, Dec 8 (Reuters) – India’s Gujarat state aims to be a primary focus for foreign investors, particularly in infrastructure like ports, power and roads, the leader of the west coast province said on Monday. “The word industrialization is humming in Gujarat’s air. Above all the government is investor-friendly,” Chief Minister Dilip Parikh told…
MANILA, March 15, Reuters – A 288 million dollar syndicated loan for the Philippines Long Distance Telephone Co marks a major initiative by Manila’s commercial bank creditors to recycle existing debt, bankers said. BOT International (HK) Ltd, Citicorp International Ltd and the Hong Kong and Shanghai Banking Corp are lead managing the loan. Syndication started…
6 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 6 – The options available in solving the global debt crisis had broadened dramatically with U.S. government backing of a Mexican plan to retire a large part of its foreign debt, Philippine Finance Secretary Vicente Jayme said. “I feel that the Mexican package…
7 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 7 – The Philippine government will issue treasury bills and notes totalling 29.8 billion pesos in 1988 and depend mainly on domestic resources to finance its projected budget deficit of 27.1 billion pesos, Finance Undersecretary Victor Macalincag said. The government planned to float…
17 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 17, Reuter – Monday’s local elections are billed as President Corazon Aquino’s last step in returning the Philippines to democracy, but bloody campaigning has left many here wondering if there has been genuine change. Analysts polled by Reuters said the elections would bring…
13 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 13 (Reuters) – The resemblance to Indira Gandhi is eerie—the sari draped over the head, the dark glasses, the high-pitched oratory, the imperious wave of the hand. Even her signature “Jai Hind!” (Victory to India) at the end of every campaign…
19 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 19, Reuter – The Philippines has emerged from a tumultuous year with democracy apparently firmly in place after Monday’s local elections, but there is no euphoria among analysts over the country’s economic prospects. The economy has turned in its best growth in seven…
14 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 14 (Reuters) – The leader of India’s main opposition party said on Saturday he was the target of a series of car bomb blasts that killed at least 31 people, wounded up to 100, and triggered rioting and arson in the…
20 January 1988 The Globe and Mail B24 English All material copyright Thomson Canada Limited or its licensors. All rights reserved. The Philippines has experienced its best growth in seven years, but it still faces a daunting array of problems. Analysts say President Corazon Aquino must now demonstrate that she can manage the economy. …
15 February 1998 The Washington Post A30 Copyright 1998, The Washington Post Co. All Rights Reserved The leader of India’s main opposition party said today he was the target of a series of car-bomb blasts that killed 32 people, wounded as many as 100 and triggered rioting and arson in the city of Coimbatore. The…
22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22, Reuter – The United States is committed to helping the Philippines achieve economic recovery by stepping up investments, keeping its doors open to imports, and maintaining the flow of aid, Ambassador Nicholas Platt said on Friday. He told a meeting of American…
16 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 16 (Reuters) – Indian voters queued up early on Monday to cast their votes as the world’s largest democracy launched the first phase of a mid-term election that is widely predicted to return another hung parliament. At least 250 million adults are…
22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22 – Sugar industry officials said the Philippines might not be able to sell extra sugar to the U.S. because the U.S. Agriculture Department (USDA) was delaying the issue of guidelines for a re-export plan approved by the U.S. Congress. Sugar Regulatory Administration…
22 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 22 (Reuters) – “Watch this space.” The website of India’s 112-year-old Congress party promises to introduce the “most popular, most charismatic and most dynamic political figures” in India—but there are no names. “This section will be up soon,” the page says limply.…
25 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 25 – Developing nations are more likely to attract foreign investment by easing curbs on share ownership and employment of expatriates than through incentives such as tax holidays, said William Ryrie of the International Finance Corp, a soft-loan arm of the World Bank. …
1 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 1 (Reuters) – Indians waited uneasily on Sunday for official results from a drawn-out election that looks set to confirm their worst fears of more political instability in a hung parliament. State television Doordarshan forecast large gains for the Hindu nationalist Bharatiya…
27 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 27 – The yen’s rapid appreciation has led many Japanese companies to step up investments in the Asia-Pacific region, but the expansion has been tempered by a variety of obstacles in host countries and Japanese fears of an unchecked outflow of capital, a…
3 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 3 (Reuters) – India’s Bharatiya Janata Party appeared tantalisingly close on Tuesday to realising its dream of ruling this vast nation, but its leaders were not rapturous. With results in for 504 of the 545 seats in parliament’s lower house, the…
1 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 1, Reuter – The Philippines is exploring ways of reducing its massive foreign debt burden and the two U.S. military bases in the country could be a possible bargaining lever, Finance Secretary Vicente Jayme said on Monday. Jayme told Reuters in an interview…
10 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 10 (Reuters) – India was set on Tuesday for a new coalition government led by Hindu nationalist leader Atal Behari Vajpayee. Vajpayee, leader of the Bharatiya Janata Party (BJP), was invited by President K.R. Narayanan to form a new federal government, ending…
8 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 8 – U.S. Agriculture Secretary Richard Lyng is in a quandary over a sugar re-export plan passed by the U.S. Congress doubling the Philippines’ sugar exports to the United States this year, a senior U.S. official said. Philippine officials said at the weekend…
15 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 15 (Reuters) – Atal Behari Vajpayee received the green light on Sunday to form India’s next government, but his coalition is likely to be even more shaky than the one it replaced. Vajpayee’s Hindu nationalist Bharatiya Janata Party (BJP) will take power…
16 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 16 (Reuters) – The leader of India’s Hindu-dominated Bharatiya Janata Party (BJP) embarks on Monday on the difficult task of cobbling together a cabinet coalition to head a shaky minority government. BJP supporters celebrated late into the night with sweets and fireworks…
10 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official symbol of the Philippine body charged with selling about 6.8 billion dollars in bad debts accumulated by the country’s two major government banks. “That’s an appropriate symbol for the work…
16 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 16 – A stream of unsettling news from the Philippines has held back many potential small and medium-sized European investors, European Chamber of Commerce secretary-general Christian Roehr told Reuters. Roehr said several large European multi-nationals had long been in the Philippines and “are…
16 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 16, Reuter – West German Minister of Economics Martin Bangemann is expected to explore ways of expanding trade and investment ties with the Philippines in talks here this week, a West German diplomat said on Tuesday. Hans-Wilhelm Verbeek, First Secretary in the West…
19 February 1988 Reuters News (c) 1988 Reuters Limited English MANILA, Feb 19 – The Philippines plans to speed up its sluggish debt/equity swap program, Central Bank Governor Jose Fernandez said. “Our policy is to get rid of the large backlog,” he told a news conference. “We think the people who have applied deserve to…
19 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 19 – The Philippines’ 27.8 billion dollar foreign debt makes it a bit player in attempts to find solutions to the debt crisis and Manila prefers to let large debtors take the initiative, Central Bank Governor Jose Fernandez said. “I think anybody who…
8 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 8, Reuter – The Philippines will have a 1989 deficit of 28.5 billion pesos on a projected budget of 190 billion, Budget Secretary Guillermo Carague said. He told Reuters this compares with a projected deficit of 27.1 billion pesos for the 1988 budget…
19 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 19 (Reuters) – Hindu nationalist leader Atal Behari Vajpayee took office on Thursday as India’s new prime minister at the head of a minority coalition government. Vajpayee’s Bharatiya Janata Party (BJP) and over a dozen regional allies will have to face a…
3 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 3 (Reuters) – India’s defence minister said on Sunday China had built a sophisticated electronic surveillance base in Myanmar’s Coco Islands and was beefing up airfields in Tibet to take supersonic fighters. “China has installed sophisticated electronic surveillance equipment in the Coco…
11 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 11 (Reuters) – India’s three underground nuclear tests on Monday were heralded by plentiful portents and a steady rise in the political temperature on the subcontinent. One day before he took power in March, Prime Minister Atal Behari Vajpayee served notice…
9 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 9, Reuter – Fewer staff members taking fewer siestas may help the Philippines boost South-East Asia’s poorest tax-collection effort, Bureau of Internal Revenue Commissioner Bienvenido Tan said on Wednesday. Tan told Reuters the country’s tax revenues as a ratio of gross national product…
11 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India prepared on Tuesday to face the world’s shock and dismay over its three underground nuclear tests, and its faltering government appeared to have won sweeping domestic backing for its bold and defiant step. The Hindu nationalist Bharatiya…
12 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India was engulfed by waves of international anger and revulsion on Tuesday, but its leaders dug in their heels and appeared ready to pay the price for audaciously stepping over the nuclear threshold. Monday’s stunning trio of underground nuclear…
14 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 14 (Reuters) – India woke up on Thursday to the first full day of biting sanctions ordered by a furious United States after a series of underground nuclear tests provoked outrage from around the world. Global condemnation continued to rain down on…
17 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 17 (Reuters) – “If the radiance of a thousand suns were to burst forth at once in the sky, that would be like the splendour of the Mighty One…I am become Death, the shatterer of worlds.” These words from the Hindu…
27 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 27 (Reuters) – India’s nuclear tests alone will not make the country a major power unless twinned with rapid economic development, Defence Minister George Fernandes said on Wednesday. “I believe that India has remained a very soft state, soft in every sense…
27 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 27 (Reuters) – In June 1976, after a year in hiding, George Fernandes was arrested on Charges of waging war against the state and paraded in manacles before the cameras. The firebrand chairman of India’s Socialist Party was accused of being a…
29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 28 (Reuters) – The Indian government reacted calmly on Thursday to news of Pakistan’s tit-for-tat nuclear tests and said Islamabad had forced New Delhi to embark on the road to nuclear deterrence. “India is ready to meet any challenge,” Prime Minister Atal…
29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 28 (Reuters) – India’s defence minister said on Thursday he did not think nuclear deterrence would help resolve the dispute over Kashmir and dismissed Pakistan’s nuclear tests as “ping-pong balls”. Asked if “equal deterrence” would pave the way for India and Pakistan…
18 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 18, Reuter – Volatile penny oil stocks have raised trading on Manila’s two exchanges to fever pitch this year, and analysts said the trend seemed likely to continue. “Rumours are the heart and soul of the (oils) market. It’s a casino,” Noel De…
22 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 22, Reuter – Falling sugar and coconut production is expected to lead to little or no overall growth in Philippine agriculture in 1988, the U.S. Department of Agriculture said in its annual report on the Philippines. It forecast overall growth of 0.5 pct…
29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 29 (Reuters) – India and Pakistan must now sit down and talk peace seriously, Indian analysts said on Friday, adding they saw little chance of a new Cold War on the volatile subcontinent after Pakistan’s nuclear tests. “Deterrence” and “nuclear arms race”…
2 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 2 (Reuters) – India’s Finance Minister Yashwant Sinha put up a spirited defence of his “investor-friendly” budget on Tuesday and said he was not unduly worried about inflation so long as the economy grew strongly. In an interview with Reuters Television a…
25 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 25, Reuter – Philippine banks have largely recovered from years of crisis, but high intermediation costs still constrain lending, bankers and analysts say. The industry’s total assets grew to 259.9 billion pesos at end-1987 from 236.4 billion a year earlier, according to a…
3 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 3 (Reuters) – India’s fiscal targets for the current year are not just a “hope and a prayer” even if there is a trade-off between growth and Inflation, the government’s chief economic adviser said on Wednesday. Shankar Acharya told Reuters he did…
3 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 3, Reuter – Coup leader Colonel Gregorio Honasan’s escape from captivity on Saturday has dramatically revived threats to Philippine President Corazon Aquino’s power, analysts said. “Honasan’s escape couldn’t have occurred at a less convenient moment for Aquino,” an Asian diplomat said. Aquino is…
4 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 4, Reuter – The Philippines’ gross national product (GNP) is expected to expand by 6.1 pct in 1988 after 5.1 pct growth in 1987, the Central Bank said in its annual report. Key sectors such as manufacturing, agriculture, mining, construction and services are…
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – China is negotiating with the Manila-based Asian Development Bank for six loans this year, a Chinese official said on Monday. Li Dongqun, alternate executive director on the ADB board, told Reuters in an interview that Peking wanted to move slowly…
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – Filipino and foreign businessmen have launched a sharp attack on the Philippines’ 20-month-old debt/equity swap program, charging it is too restrictive and arbitrary and actually deters investors. “Disillusioned investors are the worst possible advertisement for the Philippines,” said a statement…
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – Japan’s attempt to use the Asian Development Bank (ADB) to recycle part of its 30 billion dollar private-sector surplus is not meeting with much success, banking officials and diplomats said. Japan, with 15 pct of the 47-member ADB’s 22.8…
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds, with liquid assets of 4.5 billion dollars, 74.2 pct of its undisbursed loan balances, at the end of 1987, Treasurer Alan Gill said in an interview. This compares with liquid…
26 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 26, Reuter – The Philippines has received pledges of aid totalling 66 million dollars from the United States, the Netherlands and Italy to support its ambitious land reform program, Agrarian Reform Secretary Philip Juico told Reuters. The broad outline of the program was…
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – The Asian Development Bank (ADB) has found it difficult to identify suitable projects to assist in China because of Peking’s centrally planned economy, bank president Masao Fujioka told Reuters in an interview. China became the 47-member bank’s newest member in…
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – Taipei has ended a two-year boycott of the Asian Development Bank (ADB) but its dispute over a name-change by the bank continues, Central Bank Governor Chang Chi-Cheng said on Wednesday. The boycott was triggered in 1986 when China was admitted…
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – The Asian Development Bank annual meeting starting on Thursday is likely to be dominated by a power-struggle between Japan and the United States, officials said on Wednesday. ADB officials said the three-day meeting would also be marked by the presence…
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – South Pacific island nations want to form a new regional development bank to increase their access to financial resources, a Western Samoan official said on Thursday. The idea was put to the management of the Asian Development Bank on the…
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – The Asian Development Bank’s annual meeting opened with a call from Philippine President Corazon Aquino to keep the bank’s leadership Asian and to temper its policy prescriptions. “(The bank) must continue to view banking, especially development banking, as a relationship…
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – The Soviet Union’s interest in joining the Asian Development Bank (ADB) is part of Moscow’s move to restructure its economy, a senior official said. “The ADB’s major field of cooperation with its members bears a relation to Soviet efforts to…
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – The Asian Development Bank’s lending policies came under fire at its annual meeting and there were calls for a re-examination of its role. Indonesian Finance Minister J.B. Sumarlin said he was concerned that although loan approvals rose to a record…
7 August 1998 Reuters News English (c) 1998 Reuters Limited SRINAGAR, India, Aug 6 (Reuters) – A who’s who of Indian Kashmiris turned out in their finest on Thursday to cheer as the state’s leading politician urged the poor of this violence-scarred city to forget their woes and go see a movie. Eight years after…
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – Taiwan delegates to the Asian Development Bank’s annual meeting continued to cover their badges saying “Taipei, China” on Friday, defying the Bank’s efforts to change the island’s name in deference to China. Such protests by the Taiwanese, who have also…
31 July 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, July 31 (Reuters) – The collapse of efforts to revive peace talks between India and Pakistan was inevitable, and the stalemate will endure but with a dangerous new dimension given the neighbours’ nuclear status, analysts said on Friday. “The stalemate will continue,” said…
30 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 30, Reuter – Afghanistan appealed on Saturday for the Asian Development Bank to help resettle refugees and repair its war- damaged economy. Afghan Finance Minister Mohamad Kabir urged the Manila-based bank to resume lending to Kabul, suspended after Soviet troops moved into Afghanistan…
6 August 1998 Reuters News English (c) 1998 Reuters Limited SRINAGAR, India, Aug 6 (Reuters) – The general commanding Indian troops in the tinderbox Kashmir valley said on Thursday he did not think cross-border artillery duels with Pakistan would escalate into a nuclear exchange. “There is no linkage between the nuclear tests and the situation…
1 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 1, Reuter – India is loosening controls on industry, investment and imports but liberalisation must take account of existing conditions, Finance Minister Narain Dutt Tiwari told Reuters in an interview. Tiwari, in Manila for the annual meeting of the Asian Development Bank, denied…
7 August 1998 Reuters News English (C) 1998 Reuters Limited SRINAGAR, India, Aug 7 (Reuters) – India and Pakistan could wage nuclear war over the disputed territory of Kashmir, the leader of the separatists in Indian-controlled Kashmir said. “The situation is going from bad to worse… Kashmir is the root cause of the tension between…
9 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 9, Reuter – The Philippine government said on Monday it was awaiting information about a reported U.S. move to unveil a Marshall Plan-like aid package for this cash-strapped country. The Washington Post reported on Sunday the multinational plan involved aid of up to…
9 August 1998 Reuters News English (c) 1998 Reuters Limited BARAMULLA, India, Aug 9 (Reuters) – Mahendra Kumar is a typical “sepoy”, the lowest rank in the Indian Army. After 14 years in uniform, the native of the impoverished northern state of Bihar is paid about 5,000 rupees ($117) a month. On paper, he gets…
9 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 9, Reuter – Thirsty Filipinos drank nearly a billion liters of San Miguel beer in 1987, boosting the food and beverage conglomerate’s profits to record levels and raising the stakes in long-running boardroom wrangles. San Miguel Corporation Executive Vice President Ramon del Rosario…
29 November 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India’s Congress party swept to electoral victory in three key states on Sunday, raising the prospect of a power struggle with the Hindu nationalist-led central government. Congress leader Sonia Gandhi said she was in no hurry to oust the…
29 November 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India’s wounded Bharatiya Janata Party should ram through an agenda of bold economic reform in the aftermath of its humbling in three key provincial elections, a senior official of the rival Congress party said on Sunday. Voters spoke with…
11 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 11, Reuter – The Philippine Senate has ended a six-month lull by taking some tough steps on the country’s debt. It has proposed limiting debt service limit and suspending payments on a 1.2 billion dollar nuclear plant loan. The Senate also unanimously passed…
1 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 1 (Reuters) – Mercedes-Benz India Ltd is bullish about the Indian car market despite the nation’s “feel bad” economy, managing director Till Becker de Freitas said. “There is a ‘feel bad” factor which is not reflected in reality. I know a lot…
20 April 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, April 20 (Reuter) – “Blossoms in the air; unable to stay longer; and still escape time.” The haiku, or Japanese three-line verse, by the well-known poet Seishi Yamaguchi might have been written just for Japanese Prime Minister Morihiro Hosokawa as he strolled under the…
10 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 10 (Reuters) – BankAmerica Corp will sell its retail banking business in India but remains committed to its wholesale banking business in the country, a senior bank official said on Thursday. “The bank will continue its wholesale banking business in India,” Josephine…