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Asia in the grip of water crisis: Asian Development BankSingapore (AFP) June 30, 2010 Asia is in the grip of a water crisis that could set back the region's robust economic growth if left unresolved, according to a top Asian Development Bank (ADB) official. Arjun Thapan, special adviser to ADB president Harukiko Kuroda on water and infrastructure issues, said governments must start managing the resource better to prevent the problem from worsening. "We certainly believe that Asia is in the grip of a water crisis and one that is becoming more serious over time," Thapan told AFP on ... read more |
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China's AgBank on track for world IPO record
Shanghai (AFP) June 28, 2010Agricultural Bank of China is on track for the world's largest initial public offering after saying Monday it planned to raise up to 10.1 billion dollars in the Shanghai portion of its share sale. AgBank - the last of China's "big four" state lenders to float shares - plans a dual listing in Shanghai and Hong Kong, which it is estimated will raise more than 23 billion dollars. The bank ... more South Korea's First Geostationary Weather Satellite Launched Into Orbit
Seoul, South Korea (Yonhap) Jun 28, 2010South Korea's first geostationary ocean weather satellite has been launched into Earth's orbit from Guiana Space Center in Kourou, French Guiana, the government said Sunday. The Ministry of Education, Science and Technology said the Chollian communication, ocean and meteorological satellite blasted off from French Guiana on an Ariane 5-ECA rocket at 6:41 a.m. (Korean Time) after encounteri ... more Google assessing China's new rule on web mapping
Beijing (AFP) June 24, 2010Google said Thursday it was assessing the impact of a new Chinese rule on web mapping services, which state media said could exclude foreign companies from providing such services in the country. "China recently implemented a wide-ranging set of rules relating to online mapping," a Beijing-based spokeswoman for the US Internet giant told AFP. "We are examining the regulations to underst ... more |
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![]() Slum problem as Philippines braces for more floods ![]() India rice exporters expect bumper harvest ![]() Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Sodden China battles to repair flood defencesBeijing (AFP) June 27, 2010 China scrambled Sunday to repair water defences shattered by relentless rain, state media said, after flood-related disasters claimed the lives of 235 people this month. Officials in Jiangxi province said a major dyke that broke last week when the river running through Fuzhou city burst its banks, forcing the evacuation of 1.3 million people, had been fixed, the Xinhua news agency said. The breach was fixed "following around-the-clock repair efforts by hundreds of people", which would allow abou ... read more |
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