North Korea: “U.S. is a kingpin of human rights abuses”

The hermit kingdom has weighed in on the NSA spying scandal. Its official the US has lost any and all moral high ground in its fight for human rights and open democracy.

HONG KONG: WEEK IN REVIEW, 18May2013

Timmy tong faces the spotlights; Housing prices to dump 20%; Alcohol, women and rape; CY Leung’s popularity in the toilet; The duck is under maintenance. Here’s what happened this week.

HONG KONG: BEFORE THE OPEN, 15May2013

Bloomberg spying runs afoul with HKMA as well

RTHK:

The Hong Kong Monetary Authority says it’s looking into monitoring of client activity on Bloomberg’s financial news and trading terminals by its reporters.

Pentagon Uses Chinese Satellites… WTF

 

From Wired:

U.S. troops operating on the African continent are now using the recently-launched Apstar-7 satellite to keep in touch and share information. And the $10 million, one-year deal lease — publicly unveiled late last week during an ordinarily-sleepy Capitol Hill subcommittee hearing — has put American politicians and policy-makers in bit of a bind. Over the last several years, the U.S. government has publicly and loudly expressed its concern that too much sensitive American data passes through Chinese electronics

DENY DENY DENY… Huawei and IME wipping hands of Shane Todd

In response to FT inquiries before the story was published on February 15, Huawei said that it was “not aware” of any project. More recently, it said: “We had not had any co-operation with IME with respect to [gallium nitride] so there is nothing more to add.” FT

Questionable suicide of American engineer in Singapore

“We think our son was murdered,” Mr Todd began.

“After collecting all information available, I cannot believe it is a suicide case. Actually, no one believes it.”

“Mom, I’m going to call you every week, and if you don’t hear from me for a week, call the American embassy,” Mrs Todd recalled him as saying.

“I am being asked to do things with a Chinese company that make me uncomfortable,” Mrs Todd recalled him as saying.

Source: FT

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TAIWAN: BEFORE THE OPEN

 

1. Apple (APPL US) and Samsung (005930 KS) duopoly… Where is HTC (2498 TT)?

2. Foxconn’s (2038 HK, 2354 TT) union experiment heralds end of cheap labor

3. Pension reform complex… Ma plans on ‘submitting drafts in April’

4. China Steel (2002 TT) acting too independantly

5. Tax evasion OK for govnt officials

6. UMC (2303 TT, UMC US) 4Q12 net profit down 52%…still lagging behind TSMC (2330 TT, TSM US) on technology

7. 12 life sentences for China spy

8. AUO (2409 TT, AUO US) reports 4Q12 net loss of NT$13.17bn

 

 

TAIWAN: BEFORE THE OPEN

 1. US to Taiwan: Back off Daiyu

 2. Foxconn (2354 TT) to bolster union representation… Is it just a PR stunt?

3. Lunar new year scraps

 4. Teacher Mao to remain as Minister of Transportation and Communications

5. MediaTek (2454 TT) forecasts Q1 sales drop of 10-12%

6. Kuan Cung-ming: ‘I will come up with more concrete ideas once I take office’

7. SinoPac Securities (2890 TT) to start securities business in Fujian

8. HTC (2498 TT) warns on weak Q1 revenue

9. Lo Hsien-Che flashback… Another naval officer accused of spying