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Euro steady in early Asia, all eyes on Cyprus – Reuters

By Ian Chua SYDNEY | Sun Mar 24, 2013 7:04pm EDT SYDNEY (Reuters) – The euro was steady in Asia as nervous markets wait to find out if Cyprus will be able to meet a Monday deadline to clinch a 10 billion euro ($13 billion) bailout from international lenders and avert a collapse of its […]

Asia stocks rise after Cyprus gets bailout loan – MiamiHerald.com

BANGKOK — A last-minute package of rescue loans that saves Cyprus from a banking collapse and bankruptcy helped push Asian stock markets higher Monday. Finance ministers from the 17 countries that use the euro currency approved the 10 billion euro ($12.9 billion) bailout plan just hours before a deadline. The European Central Bank had threatened […]

Indonesia Reserves Drop Most Since Asia Crisis in Subsidy Pressure – Businessweek

Indonesian foreign-exchange reserves will probably plunge the most since at least the Asian financial crisis this quarter, putting pressure on President Susilo Bambang Yudhoyono to cut fuel subsidies and curb imports. The country’s reserves may fall by at least $2 billion in March, according to economists at Barclays Plc, PT Bank Danamon Indonesia (BDMN) and […]

‘Asia’s John Daly’ denies Ryder Cup winner – CNN – Canada

‘Asia’s John Daly’ denies Ryder Cup winner – CNN – Canada

(CNN) — He’s known as “Asian golf’s John Daly” but Kiradech Aphibarnrat made a name for himself with his first European Tour victory on Sunday. The 23-year-old won the rain-shortened Malaysian Open by one shot from former European Ryder Cup star Edoardo Molinari to become only the fourth Thai player to win on the circuit. […]

‘Asia’s John Daly’ denies Ryder Cup winner to triumph in Malaysia – CNN International

‘Asia’s John Daly’ denies Ryder Cup winner to triumph in Malaysia – CNN International

(CNN) — He’s known as “Asian golf’s John Daly” but Kiradech Aphibarnrat made a name for himself with his first European Tour victory on Sunday. The 23-year-old won the rain-shortened Malaysian Open by one shot from former European Ryder Cup star Edoardo Molinari to become only the fourth Thai player to win on the circuit. […]

Foreign Reserve Drop Imperils Indonesia Subsidy: Southeast Asia – Bloomberg

Indonesian foreign-exchange reserves will probably plunge the most since at least the Asian financial crisis this quarter, putting pressure on President Susilo Bambang Yudhoyono to cut fuel subsidies and curb imports. The country’s reserves may fall by at least $2 billion in March, according to economists at Barclays Plc, PT Bank Danamon Indonesia (BDMN) and […]

Sky’s the limit? Southeast Asia budget airlines bet big on growth – Fox Business

SINGAPORE –  Lion Air’s record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a serious challenge to AirAsia Bhd, the region’s biggest budget airline. The rivalry intensified on Friday when Lion Air launched its first service in Malaysia, barging onto AirAsia’s […]

‘Asia’s John Daly’ denies Ryder Cup winner to triumph in Malaysia – CNN International

‘Asia’s John Daly’ denies Ryder Cup winner to triumph in Malaysia – CNN International

(CNN) — He’s known as “Asian golf’s John Daly” but Kiradech Aphibarnrat made a name for himself with his first European Tour victory on Sunday. The 23-year-old won the rain-shortened Malaysian Open by one shot from former European Ryder Cup star Edoardo Molinari to become only the fourth Thai player to win on the circuit. […]

Sky’s the limit? Southeast Asia budget airlines bet big on growth – Fox Business

SINGAPORE –  Lion Air’s record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a serious challenge to AirAsia Bhd, the region’s biggest budget airline. The rivalry intensified on Friday when Lion Air launched its first service in Malaysia, barging onto AirAsia’s […]

Central & South Asia Pakistani soldiers killed in major blast – Aljazeera.com

At least 17 Pakistani soldiers have been killed after a car packed with explosives exploded next to a pair of fuel tankers at an army check post in the country’s northwest, officials say. The offcials, who are unnamed because they were not authorised to speak to the media, said dozens were also injured […]