A+ A A-

ozaccess Regional News
The latest Regional Asia Pacific News articles for Australian residents and businesses from National and International resources.

 
 

Asia Pacific stocks rise ahead of Fed meeting - Financial Times

Asia Pacific equities rose on Monday following on from another record high on Wall Street as attention turned to the US Federal Reserve’s meeting, which starts on Tuesday.

The Federal Reserve is widely expected to announce plans to begin shrinking its balance sheet in a step towards a normalisation of monetary policy, and investors will be looking for clues on whether the Fed will opt to raise interest rates once more this year.

The S&P 500 ended up 0.2 per cent on Friday, powering past the 2,500 level for the first time as investors shrugged off North Korea’s latest missile test.

Hong Kong’s Hang Seng index was up 0.8 per cent on Monday as the real estate sector rose 1.1 per cent and the information technology sector rose 1.2 per cent. In mainland China, the Shanghai Composite index was up 0.3 per cent and the Shenzhen Composite index was 0.1 per cent higher.

Australia’s S&P/ASX...


Read full article on News GN Asia Pacific


Read more: Asia Pacific stocks rise ahead of Fed meeting - Financial Times

Asia Pacific stocks rise ahead of Fed meeting - Financial Times

Asia Pacific equities rose on Monday following on from another record high on Wall Street as attention turned to the US Federal Reserve’s meeting, which starts on Tuesday.

The Federal Reserve is widely expected to announce plans to begin shrinking its balance sheet in a step towards a normalisation of monetary policy, and investors will be looking for clues on whether the Fed will opt to raise interest rates once more this year.

The S&P 500 ended up 0.2 per cent on Friday, powering past the 2,500 level for the first time as investors shrugged off North Korea’s latest missile test.

Hong Kong’s Hang Seng index was up 0.8 per cent on Monday as the real estate sector rose 1.1 per cent and the information technology sector rose 1.2 per cent. In mainland China, the Shanghai Composite index was up 0.3 per cent and the Shenzhen Composite index was 0.1 per cent higher.

Australia’s S&P/ASX...


Read full article on News GN Asia Pacific


Read more: Asia Pacific stocks rise ahead of Fed meeting - Financial Times

Goldman appoints Ken Hitchner chairman and CEO for Asia Pacific ex-Japan - Financial Times

Ken Hitchner has been appointed chairman and chief executive officer of Goldman Sachs in Asia Pacific ex-Japan, according to an internal memo.

Mr Hitchner replaces Mark Schwartz who retired late last year after 27 years with the bank. He has served as president of Goldman Sachs in Asia Pacific ex-Japan for the past four years. Since joining the firm in 1991 he has held roles across healthcare, technology, media, telecoms and corporate finance, and was named a partner in 2002.

Mr Hitcher’s position as president will be shared by James Paradise and Todd Leland, who become co-presidents of Goldman Sachs in Asia Pacific ex-Japan.

Mr Paradise currently serves as co-head of the securities division franchise in Asia Pacific. He joined Goldman in 1989 and has been based in Asia since 2000.

London-based Mr Leland is global co-head of the financial institutions group within the investment...


Read full article on News GN Asia Pacific


Read more: Goldman appoints Ken Hitchner chairman and CEO for Asia Pacific ex-Japan - Financial Times

Goldman appoints Ken Hitchner chairman and CEO for Asia Pacific ex-Japan - Financial Times

Ken Hitchner has been appointed chairman and chief executive officer of Goldman Sachs in Asia Pacific ex-Japan, according to an internal memo.

Mr Hitchner replaces Mark Schwartz who retired late last year after 27 years with the bank. He has served as president of Goldman Sachs in Asia Pacific ex-Japan for the past four years. Since joining the firm in 1991 he has held roles across healthcare, technology, media, telecoms and corporate finance, and was named a partner in 2002.

Mr Hitcher’s position as president will be shared by James Paradise and Todd Leland, who become co-presidents of Goldman Sachs in Asia Pacific ex-Japan.

Mr Paradise currently serves as co-head of the securities division franchise in Asia Pacific. He joined Goldman in 1989 and has been based in Asia since 2000.

London-based Mr Leland is global co-head of the financial institutions group within the investment...


Read full article on News GN Asia Pacific


Read more: Goldman appoints Ken Hitchner chairman and CEO for Asia Pacific ex-Japan - Financial Times

Asia-Pacific Alternative Finance Rises to a Quarter Trillion Dollars in 2016 led by China - Crowdfund Insider

The Cambridge Centre for Alternative Finance (CCAF) is out with their 2nd annual report quantifying the growth of alternative finance for the Asia Pacific Region in 2016. Entitled, “Cultivating Growth,” the benchmarking report shows an emerging industry that grew dramatically versus year prior as it rose to $245.28 billion delivered mainly by the huge China market. The alternative finance sector in Asia-Pacific totaled $102.8 billion in 2015, the first year for the survey. The research is based on data collected from 628 platforms across the Asia-Pacific region, including 463 from China and 165 platforms from the wider region.

The research was produced by the Cambridge Centre for Alternative Finance at University of Cambridge Judge Business School, the Australian Centre for Financial Studies at the University of Monash Business School in Australia and Tsinghua University in China....


Read full article on News GN Asia Pacific


Read more: Asia-Pacific Alternative Finance Rises to a Quarter Trillion Dollars in 2016 led by China -...

Asia-Pacific Alternative Finance Rises to a Quarter Trillion Dollars in 2016 led by China - Crowdfund Insider

The Cambridge Centre for Alternative Finance (CCAF) is out with their 2nd annual report quantifying the growth of alternative finance for the Asia Pacific Region in 2016. Entitled, “Cultivating Growth,” the benchmarking report shows an emerging industry that grew dramatically versus year prior as it rose to $245.28 billion delivered mainly by the huge China market. The alternative finance sector in Asia-Pacific totaled $102.8 billion in 2015, the first year for the survey. The research is based on data collected from 628 platforms across the Asia-Pacific region, including 463 from China and 165 platforms from the wider region.

The research was produced by the Cambridge Centre for Alternative Finance at University of Cambridge Judge Business School, the Australian Centre for Financial Studies at the University of Monash Business School in Australia and Tsinghua University in China....


Read full article on News GN Asia Pacific


Read more: Asia-Pacific Alternative Finance Rises to a Quarter Trillion Dollars in 2016 led by China -...

Leaders Gather to Develop Sustainable Solutions in Asia-Pacific - Food Tank (blog)

The inaugural EAT Asia-Pacific Food Forum will be held on October 30 and 31, 2017, in Jakarta, Indonesia. Organized by the EAT Foundation in partnership with the Indonesian Ministry of Health, the event aims to address the challenges facing the Asia-Pacific food system, such as how to sustainably feed the most populous region in the world.

Woman selling fresh vegetables at market in Kota Baru, Malaysia.

Speakers at the EAT Asia-Pacific Food Forum include Joko Widodo, President of the Republic of Indonesia; Dr. Bruce Tolentino, Deputy Director General of the International Rice Research Institute; Peter Bakker, President of the World Business Council for Sustainable Development; and Dr. Gunhild Stordalen, Founder and President of the EAT Foundation.

Professor Nila Moeloek, Minister of Health in Indonesia, says, “It is my sincere hope that the first EAT Asia-Pacific Food Forum will be a...


Read full article on News GN Asia Pacific


Read more: Leaders Gather to Develop Sustainable Solutions in Asia-Pacific - Food Tank (blog)

Leaders Gather to Develop Sustainable Solutions in Asia-Pacific - Food Tank (blog)

The inaugural EAT Asia-Pacific Food Forum will be held on October 30 and 31, 2017, in Jakarta, Indonesia. Organized by the EAT Foundation in partnership with the Indonesian Ministry of Health, the event aims to address the challenges facing the Asia-Pacific food system, such as how to sustainably feed the most populous region in the world.

Woman selling fresh vegetables at market in Kota Baru, Malaysia.

Speakers at the EAT Asia-Pacific Food Forum include Joko Widodo, President of the Republic of Indonesia; Dr. Bruce Tolentino, Deputy Director General of the International Rice Research Institute; Peter Bakker, President of the World Business Council for Sustainable Development; and Dr. Gunhild Stordalen, Founder and President of the EAT Foundation.

Professor Nila Moeloek, Minister of Health in Indonesia, says, “It is my sincere hope that the first EAT Asia-Pacific Food Forum will be a...


Read full article on News GN Asia Pacific


Read more: Leaders Gather to Develop Sustainable Solutions in Asia-Pacific - Food Tank (blog)

Facebook bans posts on Rohingya militant group ARSA: Report - Channel NewsAsia

Asia Pacific
This picture taken on Aug 27, 2017 shows firefighters attempting to extinguish fires from houses burnt by Rohingya militants at the Maungdaw township in Rakhine State in Myanmar. (Photo: STR/AFP)
(Updated: )

Share this content

SINGAPORE: Facebook has confirmed that the Myanmar militant outfit the Arakan Rohingya Salvation Army (ARSA) has been placed on its “dangerous organisation” list, The Guardian reported on Wednesday (Sep 20).  

The social media giant, according to the report, has asked its moderators to remove any content “by or praising” the group.

Facebook’s rules and community standards ban posts by organisations which it deems as groups engaged in terrorist activities, crime, mass murder and organised hate.

Attacks by ARSA militants on police posts and an army base in Rakhine on Aug 25 prompted a counter-offensive by...


Read full article on News GN Asia Pacific


Read more: Facebook bans posts on Rohingya militant group ARSA: Report - Channel NewsAsia

Facebook bans posts on Rohingya militant group ARSA: Report - Channel NewsAsia

Asia Pacific
This picture taken on Aug 27, 2017 shows firefighters attempting to extinguish fires from houses burnt by Rohingya militants at the Maungdaw township in Rakhine State in Myanmar. (Photo: STR/AFP)
(Updated: )

Share this content

SINGAPORE: Facebook has confirmed that the Myanmar militant outfit the Arakan Rohingya Salvation Army (ARSA) has been placed on its “dangerous organisation” list, The Guardian reported on Wednesday (Sep 20).  

The social media giant, according to the report, has asked its moderators to remove any content “by or praising” the group.

Facebook’s rules and community standards ban posts by organisations which it deems as groups engaged in terrorist activities, crime, mass murder and organised hate.

Attacks by ARSA militants on police posts and an army base in Rakhine on Aug 25 prompted a counter-offensive by...


Read full article on News GN Asia Pacific


Read more: Facebook bans posts on Rohingya militant group ARSA: Report - Channel NewsAsia

Asia-Pacific Distributed Denial of Service (DDoS) Solution Market 2017 - Forecast to 2021 - Research and Markets - Business Wire (press release)

DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Distributed Denial of Service (DDoS) Solution Market, Forecast to 2021" report has been added to Research and Markets' offering.

The DDoS solution market continued to grow tremendously in 2016, registering an increase of 39.7% on a YoY basis. The market generated a total revenue of $261.9 million, which included revenue from both on-premise and cloud-based solutions.

DDoS attacks continued to evolve and became more sophisticated in 2016 due to the emergence of IoT devices that were compromised to launch volumetric DDoS attacks. There has also been a rise of botnet-for-hire, DDoS-for-hire services in dark webs recently. More severely, malware source codes are also shared in user forums, helping the attacker community instantly and much easily create DDoS attacks.

In addition to market growth analysis, the study highlights the key driving...


Read full article on News GN Asia Pacific


Read more: Asia-Pacific Distributed Denial of Service (DDoS) Solution Market 2017 - Forecast to 2021 -...

Home Healthcare Market in Asia Pacific is Growing Rapidly - Medgadget (blog)

The market for home healthcare involves broad range of the medical devices, which help the patients to diagnose or treat various chronic diseases. The home healthcare devices play a crucial role in providing the cost-effective healthcare treatments to patients. These devices provide beneficial business opportunities owing to the rising acceptance, technological advancements and cost-effective alternatives of these devices as compared to the other treatment modalities (hospital treatment). The Asia-Pacific home healthcare market is growing at a promising CAGR due to the increasing aging population and rising number of individuals diagnosed with the chronic illness such as cardiac disorders, diabetes and various respiratory diseases. In addition, the Asia-Pacific home healthcare devices are still at the nascent stage in developing regions such as India and witnessing the lucrative...


Read full article on News GN Asia Pacific


Read more: Home Healthcare Market in Asia Pacific is Growing Rapidly - Medgadget (blog)

Trading Technologies Expands Sales Team in Asia Pacific Office - Finance Magnates

Trading Technologies Expands Sales Team in Asia Pacific Office

Chicago-based Trading Technologies International, Inc., a global provider of high-performance trading solutions, announced on Thursday it has expanded its senior management team to lead its business in Asia-Pacific.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

The new appointments help position the company to leverage its technology leadership in key growth markets. It also strengthens TT’s presence in Asia/Pacific, improving the platform’s accessibility and providing users with regional resiliency and enhanced performance, the company says.

Mark Pottle, a 15-year TT veteran who has worked in senior-level sales management positions for the company in London office, has been appointed Regional Executive Sales Director and will be based in Singapore.

“I’m excited to bring everything I’ve learned with TT...


Read full article on News GN Asia Pacific


Read more: Trading Technologies Expands Sales Team in Asia Pacific Office - Finance Magnates

Asia-Pacific Semiconductor Market 2017-2022 - Growing Demand for Modern SoC Designs - PR Newswire (press release)

The Asia-Pacific semiconductor (silicon) intellectual property (IP) market is expected to grow at a projected CAGR of 13.1% during the forecast period of 2017 - 2022

Asia Pacific is the biggest market for semiconductor IP. The leading markets are China, India, Japan, South Korea, Taiwan and Singapore. This region is an electronics hub with millions of electronic devices being made every year for consumption in the region itself and also for exporting to other places. The electronics market is increasing year by year and so will the semiconductor IP market grow to keep up with the growth in the electronics industry.

The IP blocks are combined to create Application Specific Integrated Circuits (ASICs), System on-Chip (SoCs) and Application Specific Standard Products (ASSPs). These in turn are used to make chips for televisions, mobile phones, MP3 players, automobiles etc. It is a key...


Read full article on News GN Asia Pacific


Read more: Asia-Pacific Semiconductor Market 2017-2022 - Growing Demand for Modern SoC Designs - PR Newswire...

Goldman Sachs names new chairman for Asia Pacific: memo - Reuters

HONG KONG (Reuters) - Goldman Sachs Group Inc has named veteran banker Ken Hitchner as its new chairman and chief executive officer in Asia Pacific excluding Japan, according to an internal memo seen by Reuters on Tuesday.

Hitchner, who joined Goldman’s corporate finance department in 1991 and worked in different roles after that, is currently president of the bank in the Asia-Pacific region, excluding Japan, said the memo.

In his new role, Hitchner will be replacing Mark Schwartz, who retired from the bank at the end of last year, after having worked at Goldman for 27 years.

The memo also announced the appointments of James Paradise and Todd Leland as co-presidents of the bank in Asia Pacific, excluding Japan.

A spokesman for Goldman Sachs in Hong Kong confirmed the content of the memo.

Reporting by Sumeet Chatterjee; Editing by Stephen Coates

Our Standards:The Thomson Reuters Trust...

Read full article on News GN Asia Pacific


Read more: Goldman Sachs names new chairman for Asia Pacific: memo - Reuters

Asia Pacific remains vulnerable to malware - The Manila Times Online - The Manila Times

Emerging markets in Asia Pacific, including the Philippines, remained particularly vulnerable to malware, technology firm Microsoft said.

In its latest Security Intelligence Report (SIR), Microsoft tagged Bangladesh, Cambodia, Indonesia, Myanmar and Vietnam as the top five counties exposed to malicious programs in the first quarter of 2017.

“The report found that approximately one in four computers in Bangladesh, Cambodia and Indonesia running Microsoft real-time security products in these countries reported a malware encounter. Bangladesh, Cambodia, Indonesia, Myanmar, Vietnam, Nepal and Thailand each reported an average malware encounter rate of more than 20 percent,” Microsoft said.

The Philippines, which was ranked 8th, had a malware encounter rate of 19.2 percent duriing the period.

The Philippines was said to have posted above-average exposure to drive-by download sites or...


Read full article on News GN Asia Pacific


Read more: Asia Pacific remains vulnerable to malware - The Manila Times Online - The Manila Times

China's Xi demands 'strong hands' to maintain stability ahead of Congress - Channel NewsAsia

Asia Pacific
Chinese President Xi Jinping speaks during a press conference at the BRICS Summit in Xiamen, Fujian province, China September 5, 2017. REUTERS/Fred Dufour/Pool
(Updated: )

Share this content

BEIJING: Stability is an absolute principle that needs to be dealt with using "strong hands", Chinese President Xi Jinping has told security officials ahead of next month's key Congress of the ruling Communist Party.

The stability-obsessed party brooks no challenge to its rule and always steps up security ahead of important meetings.

Those working in the public security sector should improve their political awareness and maintain the authority and unified leadership of the party, Xi said, in comments reported by the official Xinhua news agency late on Tuesday (Sep 19).

"Xi noted that development and stability were the absolute principles,...


Read full article on News GN Asia Pacific


Read more: China's Xi demands 'strong hands' to maintain stability ahead of Congress - Channel NewsAsia

Spotify's Ong on expansion in Asia Pacific and why it is becoming a leader in programmatic - The Drum

As Spotify continues to expand in Asia Pacific, with its launch in Thailand in August bringing the music streaming platform’s presence in the region to seven countries, the company shares that it has learned that there is no cookie cutter strategy when it comes to marketing or advertising its services across the region because of the sheer diversity.

The platform first launched in Hong Kong, Singapore and Malaysia back in 2013, before Australia, Indonesia, Japan, New Zealand, Taiwan and Philippines followed over the next four years.

Its expansion shows no signs of stopping because of its people-based marketing, says Ong Sea Yen, vice president of sales at Spotify Asia in an interview with The Drum, as well its access to big data fuelled by local audience insights, which paves the way towards hyper-local personalised marketing.

Spotify’s access to first-party data also helps brands...


Read full article on News GN Asia Pacific


Read more: Spotify's Ong on expansion in Asia Pacific and why it is becoming a leader in programmatic - The...

Asia-Pacific Alternative Finance Rises to a Quarter Trillion Dollars in 2016 led by China - Crowdfund Insider

The Cambridge Centre for Alternative Finance (CCAF) is out with their 2nd annual report quantifying the growth of alternative finance for the Asia Pacific Region in 2016. Entitled, “Cultivating Growth,” the benchmarking report shows an emerging industry that grew dramatically versus year prior as it rose to $245.28 billion delivered mainly by the huge China market. The alternative finance sector in Asia-Pacific totaled $102.8 billion in 2015, the first year for the survey. The research is based on data collected from 628 platforms across the Asia-Pacific region, including 463 from China and 165 platforms from the wider region.

The research was produced by the Cambridge Centre for Alternative Finance at University of Cambridge Judge Business School, the Australian Centre for Financial Studies at the University of Monash Business School in Australia and Tsinghua University in China....


Read full article on News GN Asia Pacific


Read more: Asia-Pacific Alternative Finance Rises to a Quarter Trillion Dollars in 2016 led by China -...

Asia-Pacific's ultra-rich to invest more in private equity - Nikkei Asian Review

SINGAPORE (Nikkei Markets) -- Asia Pacific's family offices, which serve ultra-high-net-worth investors, plan to allocate more money to private equity as they look for growth opportunities in healthcare and education as well as in industries that are being disrupted by technology.

An annual survey by Swiss bank UBS and information provider Campden Wealth showed the region's family offices achieved 6.7% returns on average last year following a poor 2015 when returns were nil. The better performance was due primarily to gains in developed market stock markets and private equity and were roughly in line with the global average.

UBS said 40.2% of Asia-Pacific family offices intend to put more money into private equity, indicating greater flows to the sector in coming months. The family offices were more cautious about equity markets, with 60.6% saying they would maintain their current...


Read full article on News GN Asia Pacific


Read more: Asia-Pacific's ultra-rich to invest more in private equity - Nikkei Asian Review

Weather Asia Pacific

Beijing


A few clouds, 12°

Jakarta


Haze, 26°

Tokyo


Light rain showers, 20°

Manila


Rain, 26°

Hanoi


A few clouds, 26°

Bangkok


A few clouds, 27°

Seoul


Cloudy, 19°

KualaLumpur


Partly cloudy, 26°

 

domainregistration

  1. Hot Video's
  2. HOT DVD's
Certified Fresh Pick of the Week
FRESH: 84% 84% The Conjuring
Extremely well-crafted and gleefully creepy, The Conjuring ratchets up the dread with a series of smartly delivered, terribly effective old-school scares.
Certified Fresh Pick of the Week
FRESH: 77% 77% 42
42 is an earnest, inspirational, and respectfully told biography of an influential American sports icon, though it might be a little too safe and old-fashioned for some.

Oz Slang

Pissed off
you are angry or unhappy with something

Homer

Fame was like a drug, but what was even more like a drug were the drugs.

Groucho Marx

The first thing which I can record concerning myself is, that I was born. These are wonderful words. This life, to which neither time nor eternity can bring diminution - this everlasting living soul, began. My mind loses itself in these depths.

Sign In or Create Account