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ONeill eyes Asia, then world

ONeill eyes Asia, then world FOOTBALL Federation Australia has set its sights on hosting the Asian Cup finals in 2011, chief executive John ONeill said yesterday. And the odds are he could still be around to see the move come off. Despite the fact he has played a big role in the turnaround of Australian soccer over the past two-and-a-half years, with his contract due to run out there has been conjecture over ONeills future at FFA. While he has been reluctant to discuss the matter over the past few months, he gave the clearest indication yet that he will be staying

LEAD: Japan eyes launching E. Asia-wide FTA talks in 2008+

LEAD: Japan eyes launching E. Asia-wide FTA talks in 2008+ Japan will propose to 15 Asian neighbors launching talks in 2008 aimed at a region-wide free trade agreement as a precursor to establishing an East Asian economic community, trade minister Toshihiro Nikai said Tuesday. Economy, Trade and Industry Minister Nikai told a press conference Japan will ask the 10-member Association of Southeast Asian Nations, and China, South Korea, India, Australia and New Zealand to consider the regional FTA talks. If realized, the economic zone would include half the world's population and a quarter of its gross domestic product, officials said. The idea will be

Australia’s AMP Eyes Asia Infrastructure Fund

Australia's AMP Eyes Asia Infrastructure Fund Australian financial services company AMP Ltd. (AMP.AU) is considering creating a pan Asian infrastructure fund as billions of dollars of Australia's pension fund money chases the asset class. Phil Garling, head of global infrastructure at the group's funds management arm AMP Capital Investors, says demand for exposure to assets like toll roads and airports is outstripping the supply of infrastructure trusts through which pension funds can invest. "There might be A$10 billion (US$7.3 billion) looking for a home in infrastructure in this country at the moment. It wouldn't surprise me," Garling told Dow Jones Newswires

Blatter backs Socceroos to lift Asia

Blatter backs Socceroos to lift Asia FIFA president Sepp Blatter believes Australian soccers move into Asia could spur the region out of its World Cup slump. Australia qualified for the finals from its old Oceania Confederation but played in Germany as a member of the more competitive Asian Confederation. The Socceroos were the only Asian side to move beyond the first round of the finals, with Iran, South Korea, Saudi Arabia and Australias group F rival and Asian champion Japan all eliminated. Blatter said the performance of the Asian nations was a concern.The other four Asian teams all kicked out in the first round,

UTI Bank To Expand In Asia, Eyes Hybrid Debt

UTI Bank To Expand In Asia, Eyes Hybrid Debt India's UTI Bank Ltd. (532215.BY) Tuesday opened its first overseas branch in Singapore, and plans to raise up to $700 million in hybrid tier one capital this year as it expands in Asia and the Middle East. UTI Bank, one of India's largest private sector lenders, plans to issue perpetual bonds that will qualify as tier-one capital to take advantage of proposed changes to Reserve Bank of India regulations, said UTI Bank's chairman and managing director P. J. Nayak. Speaking to reporters at the opening of the Singapore branch, Nayak said UTI