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News and business analysis from Asia
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Myanmar's Senior General Than Shwe rounded off a five-day visit to India on Thursday after securing pacts that will boost security and economic cooperation between the countries, while also receiving US$70 million in grants. The red carpet laid out for the junta's leader is a sign of Delhi's decision to quietly nudge Myanmar on issues of concern, while playing down sensitive issues such as restoration of democracy. - Sudha Ramachandran (Jul 29, '10)
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While Vietnam's Communist Party leadership is deeply ambivalent about getting too close to Washington, there is a growing realization that the United States is essential to counter-balancing China's rise. Vietnam is also using its influence as one of the 10 members of the Association of Southeast Asian Nations to create a united front, and for good measure also partnering with an old ally. - The Hanoist (Jul 29, '10)
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Trade ties may deepen, visitor numbers may enlarge, and calls may grow for both sides across the Taiwan Strait to formally end six decades of war. All recent signs show however that amid the buildup of firepower trained at each other, China's and Taiwan's militaries are still light-years away from establishing the mutual trust necessary to end hostilities. - Jens Kastner (Jul 29, '10)
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Village chiefs in the Shindand district of Afghanistan's Herat province say the "Village Stability Program" run by the United States is creating private militias, while the US says the scheme only provides limited training to volunteers. For the Taliban it's simple, anyone "collaborating" with the enemy will pay the price. (Jul 29, '10)
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Northeast Asia after the Cheonan affair is more volatile than it has been since the end of the Cold War. With North Korea off the hook, South Korean President Lee Myung-bak has lost the most. A reversal of his policy toward Pyongyang would stem the loss and, more importantly, could restore some sense of stability to the region. - Yong Kwon (Jul 29, '10)
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A possible ban on the niqab at Syrian universities has reawakened a long-running tussle between conservatives and moderates that began during the country's secular awakening early in the 20th century. Proponents of the ban point proudly to a modern history of female emancipation and say that the face veil is simply not Syrian, while opponents say it is the perfect form of Islamic dress. - Sami Moubayed (Jul 29, '10)
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Pakistan has taken a lot of heat since thousands of classified United States military documents were leaked to the whistle-blower website WikiLeaks, with some Pakistani officials even accusing Washington of trying to smear the country. Julian Assange, the site's founder, puts the record straight. (Jul 29, '10)
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George Soros-backed SKS Finance, which makes money by lending small sums to India's poorest businesses, is raising US$347 million through an initial public offering. That offends critics who baulk at the profits created by the 30% interest rates that go with such loans. - Raja Murthy
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Chinese workers' demands for higher wages are not deterring Japanese companies from maintaining production facilities in China, although it was low labor costs that initially attracted them to the country. Now they see the increased spending power of consumers as an incentive to become more deeply involved in the economy. - Suvendrini Kakuchi
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Russian President Dmitry Medvedev is pressing for the country to improve its energy efficiency. Yet with US$92 billion needed merely to upgrade the aging power grid, the cost will be high - and private investment likely to be scarce. - Sergei Blagov
Asia Times Online weekly PodCast on stories from Asia.
Special Reports - UPI.com
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KINSHASA, Democratic Republic of Congo, July 29 (UPI) -- Congolese rescue teams Thursday searched for survivors after a boat ferrying about 200 passengers to the capital on the Congo river hit a rock and capsized, leaving at least 140 people dead.
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TEHRAN, July 29 (UPI) -- Unwise acts in the Middle East at the hands of Western powers will be met with a "crushing and decisive response," an Iranian commander said.
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<h4><a href="http://pheed.upi.com/click.phdo?i=10354fcf3a05f840243383911d40ba3b" target="_child">
Abdallah arrives in Damascus</a></h4>
<p> <br />DAMASCUS, Syria, July 29 (UPI) -- Saudi King Abdallah arrived in Damascus Thursday as part of a tour in the Middle East that includes a stop in Lebanon, the Syrian government announced.<br clear="both" style="clear: both;"/>
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DAMASCUS, Syria, July 29 (UPI) -- The political situation in Iraq is frustrating the Iraqi people to the point that a revolution is on the horizon, an anti-American cleric said from Damascus.
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PARIS, July 29 (UPI) -- The French government has been accused of a racist agenda for its plan to dismantle 300 camps of travelers and Roma in the Loire Valley and expel their inhabitants after riots rocked the region over the past days.
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ANKARA, Turkey, July 29 (UPI) -- There are no underlying conspiracies linking two separate clashes in Turkey this week, the country's interior minister said.
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VIENNA, July 29 (UPI) -- An international inquiry should investigate events that unfolded in southern Kyrgyzstan following an April coup, leaders of the OSCE said.
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BAGHDAD, July 29 (UPI) -- Reappointing Iraqi Prime Minister Nouri al-Maliki for a second term in office will allay Iranian and U.S. concerns, members of his party said.
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