from Eric Burroughs:

Don’t fret about EM outflows

February 7, 2011

There’s a lot of excitement around the sharp outflows seen from emerging markets in the latest figures from EPFR Global. But this story is getting a little overplayed. Asian central banks have heard the message on the need to tighten policy, with Bank Indonesia following the Bank of Korea in surprising with a rate hike in the past few weeks. The positive response to the BI rate increase, with the rupiah rising and local bond yields dropping, show that the central bank showed the inflation-fighting resolve that investors were looking for, even if inflation is being exacerbated by food price run-ups beyond the control of monetary policy.

from Davos Notebook:

Will Goldman’s new BRICwork stand up?

January 17, 2011

RTXWLHHJim O'Neill, the Goldman Sachs economist who coined the term BRICs back in 2001, is adding four new countries to the elite club of emerging market economies. But does his new edifice have the same solid foundations?

from Photographers' Blog:

Fighters in the ring of the law

December 13, 2010

A lawmaker (C) from opposition parties climbs onto the parliament chairman's seat as they scuffle with lawmakers (L) of the ruling Grand National Party to prevent them from passing new bills including the new year's budget bill at the National Assembly plenary session hall in Seoul December 8, 2010.  REUTERS/Jo Yong-Hak

As the year winds down in Seoul, highly-educated fighters dressed in business attire gather for a dramatic showdown. A sky-blue colored dome theater is the venue, and this year, it was again prepared for the upcoming event. Chairs, tables and other office furniture are stacked up on the floor to block people from entering rooms. Police officers stand guard as they surround the domed theater to prepare for any emergency situations. There are ambulances and medics. All entrances to the theater are closed, with tight security allowing only those with prior authorization to enter.

from Russell Boyce:

Asia – A Week in Pictures 12 December 2010

December 13, 2010

This week the blog should be called A Week (and a few extra hours ) in Pictures as I wanted to share a couple of images that came in late last Sunday and evaded my net as I trawled through the file. Both are from Thailand and both were shot by Sukree Sukplang. The first is a strong portrait of Thai King Bhumibol Adulyadej as he leaves hospital in a wheelchair to attend a ceremony to celebrate his 83rd birthday. The picture seems to me to mirror the respect that the Thai people have for their King. What makes me think this I am not sure; maybe its the side light which creates studio-like modelling on the king's face highlighting every detail of his appearance, the crispness of the clothes, the beauty of the ceremonial medals and the rich colour of the royal sash. Or maybe it's just the way he is looking back into the lens, his eyes full of dignity and determination.

from Reuters Soccer Blog:

FIFA’s World Cup decision day — live

December 1, 2010

We'll be following all the presentations and the vote itself as FIFA's executive committee decides on the hosts for the 2018 and 2022 World Cups.

from Andrew Marshall:

Risks to watch in Asia: Country guides

By Thomson Reuters Helpdesk
November 30, 2010

For Reuters analysis of risks to watch in Asian countries, kept updated in real time and with graphics and video, click on the links below.

from Breakingviews:

Lone Star chalks up painful success in Korea

November 29, 2010

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Russell Boyce:

Asia – A Week in Pictures 28 November 2010

November 29, 2010

I was listening to a radio programme about the history of military music (please bear with me) and a woman recounted a story about the first time she heard the "Last Post" being played at the Cenotaph in London on Remembrance Sunday. The woman (sadly I don't remember her name), said that what really struck her was that after the moment of total silence was broken by the first notes of the Last Post she knew that every one of the thousands of people standing in Whitehall would be sharing the same thought - that of someone who they had loved and lost. Three stories this week put me in mind of this woman as I looked at images of people grieving for lost ones. The difference being that for each person lost the world was watching their story albeit only momentarily; the crushed people in Cambodia, the miners in New Zealand and the four people killed by the shelling by North Korea of the tiny island of Yeonpyeong.

from Tales from the Trail:

Washington Extra – Happy Thanksgiving

November 24, 2010

dinnerHappy Thanksgiving! Washington Extra will return on Monday.

Here are our top stories from Washington today…

U.S. vows unified response to North Korea, eyes restraint

The U.S. urged restraint following a North Korean artillery attack on South Korea and vowed to forge a "measured and unified" response with major powers including China.

from Gregg Easterbrook:

Only the Koreans can end their conflict

November 23, 2010

KOREA/

For a generation, the arc of international events has been mainly positive -- the Cold War concluded, the Germanys reunited, apartheid is over. But a few conflicts refuse to end, and one became worse today as North Korea and South Korea exchanged artillery fire, killing two South Korean soldiers. It’s not yet clear how the incident began. Presumably the United States, which has substantial forces in South Korea, Japan and Guam, is at the moment watching closely.