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Asian news headlines brought to you by intellasia.net. Leave your comments on stories here, or go to the AWOL Forum to discuss the issues there.

 

Video captures chaos at Manchester Arena

Police say a blast at Manchester Arena where U.S. singer Ariana Grande had been performing left a number of people dead and injured. Cell phone video captures the moment. – REUTERS

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MetLife Wins Model Insurer Asia Award 2017 for “Innovation and Emerging Technologies”

Intellasia East Asia News

HONG KONG–(BUSINESS WIRE)–MetLife, Inc. (NYSE: MET) announced that LumenLab, its Singapore based innovation center has won Celent’s Model Insurer Asia 2017 in the category of “Innovation and Emerging Technologies” at an awards event held today in Singapore. Established in 2015, LumenLab is MetLife’s global innovation center focused on digital disruption based on customer insights. In […]

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Chula savings co-op says finances solid

The Chulalongkorn University Savings Cooperative (CUSC) has assured members its financial status remained sound, urging them not to panic and rush to make withdrawals after one of its borrowers was closed down in an embezzlement scandal.

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Why ads are not the best ROI for your online shop

Intellasia East Asia News

Every business knows the importance of identifying the correct platforms and promotional strategies to approach your target audiences. Different methods of disseminating information will result in varied responses from your targets. Being able to pinpoint the right channel to deliver information to consumers will enable a business to increase their client base, leading to eventual […]

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Comical drive to rein in FB turns sinister

Having failed to force Facebook to shut down more than 100 lese majeste pages, Thai authorities are going after small-fish users and viewers in the country in what appears to be another comical campaign of intimidation.

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Taiwan court set to rule on same-sex marriage

The Constitutional Court in Taiwan meets this week to debate a law in the civil code that restricts marriage to a man and woman. — Reuters

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Property tycoon Anant resigns from LH, LH Bank

Real estate developer Anant Asavabhokhin, who faces money-laundering charges over land sales tied to an embezzlement case, has resigned from the companies he founded.

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FUJIFILM KYOWA KIRIN BIOLOGICS Announces Marketing Authorisation Application for FKB327 Accepted for Review by European Medicines Agency

Intellasia East Asia News

TOKYO–(BUSINESS WIRE)–FUJIFILM KYOWA KIRIN BIOLOGICS Co., Ltd. (President & CEO: Hideaki Nomura; “Fujifilm Kyowa Kirin Biologics”) announces that on May 18, 2017, the European Medicines Agency (EMA) has accepted for review the Marketing Authorisation Application (MAA) for FKB327, an adalimumab biosimilar candidate to the fully human anti-TNF-α*1 monoclonal antibody, Humira®. In December 2014, Fujifilm Kyowa […]

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Poxel Presents Imeglimin Japanese Phase 1 Results and Mechanistic Data at the 9th Scientific Meeting of the Asian Association for the Study of Diabetes in Japan

Intellasia East Asia News

Phase 1 data in Japanese subjects demonstrated Imeglimin was safe, well tolerated and exhibited a similar pharmacokinetic profile to what was observed in Caucasian subjects Mechanistic data shows Imeglimin’s benefit on beta cell protection and details its unique insulin secretion pathway in response to glucose LYON, France–(BUSINESS WIRE)–POXEL SA (Euronext – POXEL – FR0012432516), a […]

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FOMM to make EVs in new Thai plant

Japan’s FOMM Corporation is scheduled to start the construction of its assembly plant for its compact electric vehicles (EVs) at Amata Nakorn Industrial Estate this year, with production expected to kick off by June next year.

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Intelsat and Telkom Join Forces at 157° East to Expand Broadband Connectivity across Indonesia

Intellasia East Asia News

LUXEMBOURG and JAKARTA–(BUSINESS WIRE)–#EpicNG–Intelsat S.A. (NYSE:I), operator of the world’s first Globalized Network and leader in integrated satellite communications, and PT Telekomunikasi Indonesia, Tbk (PT Telkom), Indonesia’s largest satellite telecommunications services company, announced today they have entered into a collaboration agreement designed to provide options as the companies explore new opportunities to serve a region […]

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HK’s Startup Ecosystem Is Thriving – But This Is How It Becomes A Global Hub

Intellasia East Asia News

My very first investment into a startup company was back in 2010. Sentiment had finally turned positive again after the global financial crisis and Facebook and Twitter were both on fire, approaching huge late stage pre-IPO valuations. I had to get involved. Unfortunately the ecosystem in Hong Kong was all but non-existent at the time. […]

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North Korea's cyber warriors who worry the West

SEOUL – North Korea’s main spy agency has a special cell called Unit 180 that is likely to have launched some of its most daring and successful cyber attacks, according to defectors, officials and internet security experts.

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Apec trade ministers omit protectionism pledge

HANOI – Asia-Pacific trade ministers issued a diluted “actions” statement after a weekend meeting in Vietnam, suggesting further pressure from the United States to avoid explicit pledges to combat protectionism.

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TPP countries keep trade deal alive without US

HANOI – Countries in the Trans-Pacific Partnership (TPP) agreed on Sunday to look at ways to move the trade deal forward without the United States after President Donald Trump pulled out in favour of an “America First” policy.

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From Bangkok to Cannes

CANNES – It was a startling sight on the red carpet of Cannes Film Festival late Friday night: A Thai actor covered from head to toes with tattoos, only inches of his body left un-inked, sauntered down the tapis rouge to shake hand with the festival’s artistic director. Keng Laiprang — stage name of a Punya Yimaumpai, ex-convict and internet idol — walked the famous steps of Cannes as part of…

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SoftBank Vision Fund Announces First Major Close

Intellasia East Asia News

In Addition to the Public Investment Fund, SoftBank Group and Mubadala, Initial Investors in Global Technology Fund include Apple, Foxconn, Qualcomm and Sharp SoftBank Vision Fund Seeks to Accelerate Information Revolution SAINT HELIER, Jersey–(BUSINESS WIRE)–The SoftBank Vision Fund (the “Fund”) today announced its first major close with over U.S.$93 billion of committed capital. In addition […]

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Australians ready to welcome 'Our Schapelle' home

SYDNEY: She has riveted Australia for more than a decade, the everyday Aussie beach girl who somehow sparked diplomatic rows, furious protests and a media bonanza on par with America’s OJ Simpson trial. She is so notorious Down Under that she needs no last name: She’s just Schapelle.

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Regal welcome for Trump in Saudi Arabia

RIYADH: US President Donald Trump, in the first stop of his maiden trip abroad, received a regal welcome Saturday in Saudi Arabia, feted by the wealthy kingdom as he aims to forge strong alliances to combat terrorism while pushing past the multiple controversies threatening to engulf his administration.

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Nonthaburi TAO chief fails to report in sex case

A local administrator from Nonthaburi linked to the widening Mae Hong Son teen-sex scandal failed to report to police on Saturday, after his lawyer said he had experienced a recurrence of back pain.

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