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IDC: the age of mobile social networking comes in Asia/Pacific

The mobile is potentially overtaking PCs as the device of choice for access to social network site (SNS) in Asia and Pacific, IDC said on Monday in a survey-based report. It also noted that the telecom carriers need to set the stage for mass adoption by lowering data tariffs and offering user-friendly mobile applications.

Currencies in focus as Obama tours Asia

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A rare rally in the U.S. dollar was the focus in Asia on Friday as investors wondered if President Barack Obama's nine-day visit to the region would generate pressure on some countries to let their currencies rise.

Obama says has strategy to boost U.S. exports to Asia

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President Barack Obama said on Thursday he planned to discuss a strategy with Asia Pacific leaders calling on their countries to import more U.S. goods and the world to rely less on exporting to the United States.
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Asia stocks, currencies rise on risk appetite

Asian stocks rose on Tuesday after U.S. equities hit a 13-month high, while central banks intervened to curb Asian currencies as funds flowed into riskier assets on expectations economic stimulus measures will continue.
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Controversial couple dominates U.S. medical tourism

These are heady days for the medical tourism industry. With U.S. healthcare prices spiraling upward, more and more insurers and individuals are looking abroad for treatment. By some estimates, 650,000 Americans will check into foreign hospitals from Mexico to Thailand this year.
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Singh to Wen: Dalai Lama an honored guest

India's Prime Minister Manmohan Singh rebuffed China's wishes that it bar the Dalai Lama from traveling to a disputed border area, telling Chinese Premier Wen Jiabao the Tibetan spiritual leader was an honored guest.
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Asian leaders seek to reduce Western trade ties

Asia-Pacific leaders called on Sunday for regional-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn.
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What is the East Asia Summit all about?

The East Asia Summit, bringing together the 10-member Association of South-East Asian Nations (ASEAN) and six dialogue partners, will be held in the Thai seaside resort of Hua Hin on Sunday.
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Japan pushes for East Asia bloc

Japan's prime minister backed a U.S. role for a proposed EU-style Asian community on Saturday, telling Southeast Asian leaders Tokyo's alliance with Washington was at the heart of its diplomacy.
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Trade row hangs over ASEAN summit, security tight

A trade row between Thailand and the Philippines threatened to derail a regional free trade pact on Friday, as hosts Thailand cast tight security over an Asian summit twice postponed due to anti-government protests.
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India, China leaders to meet amid war of words

India's Prime Minister Manmohan Singh is likely to meet his Chinese counterpart Wen Jiabao on Saturday, hoping to douse an escalating verbal duel between the Asian giants centered around their decades-old border dispute.
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Less money for AIDS research, treatment?: experts

The global financial crisis and a loss of interest in the AIDS epidemic may translate into less money in coming years for research, treatment and prevention of the virus, HIV experts said on Monday
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Thai king's condition good, no fever: palace

Thai King Bhumibol Adulyadej's condition is good and he no longer has fever, the palace said on Monday, 30 days after he was admitted to hospital suffering from fever and fatigue.
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Thai red shirts push for royal pardon for Thaksin

Several thousand red shirt protesters rallied in Bangkok amid tight security on Saturday to demand the Thai government submits its petition seeking a royal pardon for fugitive former premier Thaksin Shinawatra.
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Why the Thai king's health can panic markets

It is taboo for Thais to publicly voice their fears about what might happen when the reign of their ailing 81-year-old King Bhumibol Adulyadej ends. But the reaction of Thai markets this week spoke louder than words.
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Thousands pray for Thai king as markets recover

Thousands arrived in busloads to pray outside a Bangkok hospital on Friday for the swift recovery of Thai King Bhumibol Adulyadej, a day after concerns about his health sparked the biggest slide in a year in Thai stock prices.
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Thai markets tumble on worries over king

Thailand's stock market tumbled more than 8 percent and its currency hit a two-week low on Thursday as investors dumped Thai assets in a panic over the health of the country's revered and long-ruling king.
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Asia shares hit 14-month highs; dollar slides

Asian shares rose to 14-month highs on Thursday after upbeat U.S. retail sales and earnings reports prompted a shift to riskier assets, pushing the U.S. dollar to a 14-month low and prompting Asian governments to step in to curb currency strength.
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Thai king's condition good, recovery needed: palace

Thai King Bhumibol Adulyadej's condition is good but he needs time to recover from pneumonia, the palace said on Wednesday after concerns over his health sparked a tumble in Thailand's financial markets.
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Asian wealth slides, rich tiptoe back into markets

The number of high net-worth individuals in Asia Pacific slumped 14 percent in 2008 and they lost over a fifth of their wealth, leading to only cautious moves from cash back into stocks this year, Merrill Lynch and Capgemini said on Tuesday.

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