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Updated: 1 hour 7 min ago

Top Asian News at 1:00 p.m. GMT

1 hour 20 min ago
NEW DELHI (AP) — President Barack Obama on Monday took in a grand display of Indian military hardware, marching bands and elaborately dressed camels, becoming the first American leader to be honored as chief guest at India's annual Republic Day festivities. The crowd erupted in cheers as Obama, along with first lady Michelle Obama, emerged from his armored limousine and took his place on the rain-soaked parade route in the capital of New Delhi. The parade was the centerpiece of Obama's three-day visit to India, which is aimed at strengthening a relationship between the world's largest democracies that has at times been fraught with tension and suspicion.

Toll of Filipino commandos killed in rebel clash rises to 43

2 hours 15 min ago

MANILA, Philippines (AP) — At least 43 Philippine police commandos were killed in a fierce battle with Muslim guerrillas after launching an assault in which they may have killed one of Southeast Asia's most-wanted terrorists, officials said Monday.


Euro hits 11-year low on Greece fears, equities muted

2 hours 26 min ago

The euro sank to an 11-year low Monday but Asian equities largely recovered from early losses after an anti-austerity party won Greece's election, throwing its international bailout into doubt and raising fears it could leave the eurozone.


China urges India to take steps to satisfy standards of nuclear group

2 hours 35 min ago

China called on India on Monday to take more steps to satisfy the standards of a global organisation that controls atomic exports after U.S. President Barack Obama said the United States was in favour of India joining the group. Obama reaffirmed on the weekend during a visit to India the U.S. position that India is ready for membership into the 48-nation Nuclear Suppliers Group (NSG), according to a U.S.-India joint statement. China's Foreign Ministry spokeswoman Hua Chunying said India's admission to the group "requires very careful consideration from all the member countries".


AirAsia scraps fuel surcharges as oil price plummets

4 hours 26 min ago
Southeast Asia's biggest budget carrier AirAsia on Monday scrapped fuel surcharges on tickets following the decline in global oil prices. AirAsia said the move also applies to flights under its long-haul ...

Colombia's Paulina Vega wins Miss Universe title

5 hours 3 min ago

Colombia's Paulina Vega was crowned Miss Universe, beating out contenders from the United States, Ukraine, Jamaica and The Netherlands at the world's top beauty pageant in Florida. The 22-year-old model and business student triumphed over 87 other women from around the world, and is only the second beauty queen from Colombia to take home the prize. The last time Colombia won the crown was in 1958 when Luz Marina Zuluaga scored the title. Vega, wearing a long silver sequined gown, was beaming and tearful as she accepted her sash and crown from reigning Miss Universe, Venezuelan Gabriela Isler.


Philippine police say death toll of commandos killed in clash with Muslim rebels rises to 43

5 hours 37 min ago
MANILA, Philippines (AP) — Philippine police say death toll of commandos killed in clash with Muslim rebels rises to 43.

SE Asia Stocks -Indonesia off highs; Thai index up on low free float stocks

6 hours 19 min ago
BANGKOK, Jan 26 (Reuters) - The Indonesian key stock index retreated on Monday from a record close in the previous session as investors booked quick profits while the Thai benchmark eked out further gains, ...

With Art Fair Philippines, Manila becomes destination event

6 hours 29 min ago

Go (coco)nuts! Share this story with your friends.


49 Philippine police killed after clash with rebels

6 hours 48 min ago

Forty-nine Philippine police commandos were killed when they clashed with Muslim rebels in the south, police said Monday, a bloodbath which tested a peace accord signed last March. An 11-hour gunbattle broke out after police entered the remote town of Mamasapano, held by the Moro Islamic Liberation Front (MILF), around 3:00 am Sunday (1900 GMT Saturday) without coordinating with the rebels as required under their ceasefire agreement. The bodies of 49 police have been recovered from the town on Mindanao island and moved to an army camp, regional police spokeswoman Judith Ambong told AFP. "This is going to be a big problem," the MILF's chief peace negotiator Mohagher Iqbal told AFP when asked how the fighting would affect the peace process.


Colombia's Paulina Vega wins Miss Universe title

6 hours 49 min ago

Colombia's Paulina Vega was crowned Miss Universe Sunday, beating out contenders from the United States, Ukraine, Jamaica and The Netherlands at the world's top beauty pageant in Florida. The 22-year-old model and business student triumphed over 87 other women from around the world, and is only the second beauty queen from Colombia to take home the prize. The last time Colombia won the crown was in 1956 when Luz Marina Zuluaga took home the title.


EM ASIA FX-Won leads Asia FX gains after Greek leftist victory; yuan near 8-mth low

Mon, 01/26/2015 - 06:44
* Won ignores fin min's warnings against deflation * Yuan threatens daily limit * Taiwan dollar at over 6-week high on inflows; liquidity thin * Philippine 10-year yield at 13-month low (Adds text, updates ...

Tropfest SEA happening this Sunday

Mon, 01/26/2015 - 06:13

The second South East Asian edition of the world's largest short film festival is taking place at The Esplanade, Penang this 1 February


Retrieval of more than 30 slain Filipinos commandos underway

Mon, 01/26/2015 - 05:15
MANILA, Philippines (AP) — Philippine police have recovered at least 21 bodies of the dozens commandos who were mowed down by Muslim rebel gunfire in a far-flung southern village where they moved in over the weekend to hunt down one of southeast Asia's most-wanted terrorists, officials said Monday.

Are You Ready To Buy A House?

Mon, 01/26/2015 - 03:27

Every time you watch a movie, you’re probably subjected to a million ads for new condo developments all over the … The post Are You Ready To Buy A House? appeared first on iMoney.ph.


4 Types of Real Estate Investment: Part 2

Mon, 01/26/2015 - 02:57

One can invest in real estate in a variety of ways. Listed below are two types of institutions that cater to property investors: real estate investment groups and real estate investment trust, or REITs. The mutual funds of property investing: through investment groups, an investor can purchase rental units owned by a developer or other company.


Hundreds of Pinoy game developers turn out for Global Game Jam

Mon, 01/26/2015 - 02:51
The barangay council of Barangay Salawag in Dasmariñas, Cavite passed a resolution banning the playing of DotA in their jurisdiction after two youngsters died in an altercation while engrossed in computer games. The two main site are at College of Saint Benilde of De La Salle University (DLSU-CSB) and Ateneo de Manila University (ADMU) Loyola Heights campus. 150 Philippine-based game developers participated in the 2015 Global Game Jam event, contributing a total of 85 games to the event's website. Venues involved in the event include De La Salle University, Ateneo de Manila University Loyola Heights, Muñoz City, and Tarlac City.

Philippine UITFs You Can Invest In From P1,000 And Up

Mon, 01/26/2015 - 01:58

So you’ve saved up and now you’re ready to level up financially. However, you’re intimidated by the world of investments. … The post Philippine UITFs You Can Invest In From P1,000 And Up appeared first on iMoney.ph.


EM ASIA FX-Taiwan dollar, won, Philippine peso firm; yuan, rupiah fall

Mon, 01/26/2015 - 01:42
Jan 26 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0135 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at 0135 GMT Currency Latest bid Previous day Pct Move ...

Philippine team impresses in prestigious pastry competition in France

Mon, 01/26/2015 - 00:47

The Coupe du Monde de la Patisserie in Lyon, France, has just witnessed not only the undeniable talent of the pastry chefs of the Philippines but also the people’s formidable spirit! After 10 long hours of constructing the showpiece — and being front and center and before the scrutinizing eyes of the judges and the crowd, at that — the Philippine team composed of chefs Bryan Dimayuga, Vicente Cahatol and Rizalino Mañas, along with the support and guidance of the Pastry Alliance of the Philippines, stunned everyone as they showed confidence and composure amidst the pressure. Chef Dennis Hipolito, who is in France rallying for the country, says that they did really well and that they finished on time.