9:57 am September 17, 2014 | No Comment
When one of Orange’s mobile phone towers in Iraq runs out of fuel, workers have no more than 24 hours to get there before the emergency battery runs out. If that tower is in the middle of a battlefield, chances are that part of the network will go down.
9:27 am September 17, 2014 | No Comment
Lawmakers will vote Sept. 25 on a bill to revise a 2004 law on regional government that enabled direct elections. The draft, seen by Bloomberg News, would turn the clock back to a system of local assemblies choosing regional leaders that was created after the downfall of the late dictator Suharto.
8:49 am September 17, 2014 | No Comment
A 16 percent jump in Sydney house prices in the past year is sparking alarm at Australia’s central bank.
6:28 pm September 16, 2014 | No Comment
Palm oil’s slump to a five-year low offers investors an opportunity to buy plantation stocks, according to Dorab Mistry, director at Godrej International, who says producers are still making money.
2:16 pm September 16, 2014 | No Comment
Vietnamese police allegedly abuse and sometimes torture people in custody for crimes as minor as traffic violations and are rarely disciplined for a practice that has lead to deaths of detainees, Human Rights Watch said.
9:43 am September 16, 2014 | No Comment
The Australian dollar’s 3.6 percent drop this month is emboldening traders betting that the Reserve Bank’s next move will be to raise interest rates.
8:33 am September 16, 2014 | No Comment
Chinese investors, left out of Alibaba Group Holding’s US initial public offering, are piling into the next-best thing. The seven mainland-traded companies that either sold stakes to Alibaba or have partnerships with the e-commerce business have rallied 15 percent on average over the past month, beating the Shanghai Composite Index by 10 percentage points, data compiled by Bloomberg and GF Securities show.
8:20 am September 16, 2014 | No Comment
Palm oil stockpiles in Indonesia, the world’s largest supplier, probably surged to the highest level in 15 months in August because of increased production and reduced demand from importers.
9:21 am September 15, 2014 | No Comment
Driving the growth in Australian homes is demand for high-risk mortgages such as interest-only loans and financing to buy rental properties. That’s setting the stage for a jump in mortgage delinquencies when interest rates increase from record lows, Moody’s Investors Service said this month. The easier terms are fueling housing demand, boosting prices 11 percent in major cities in August from a year earlier.
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