Daily Dose: 11/13/08
November 13, 2008
» Asian Market Report
» Asian American Nonprofits are Struck Hardest
» Louisiana Gov. Jindal Possible GOP Candidate in 2012
» Liu Fixing Broken Meter Rule
» San Jose City Council Sets March 3 as Date for Nguyen Recall Vote
» The Blog Phenomenon: Social (e)Movements
» Deftones Bassist Chi Cheng Still in Coma, Expected to Recover
» New Documentary Chronicles Asian Americans in New Orleans
» TV Star Sheds Light on Domestic Violence
» Oakland Claims Taiwan’s Chen
» Chinese-American Groups Contribute $300,000 for 150 Chinese Students at SUNY
» Report Shows New Pollution Threat
» Filipino Author Miguel Syjuco Wins Man Asian Prize
Compiled by Andrew Lee and Ellis Song
AsianWeek Market Report
| AsianWeek Market Report | ||||
| Asian Stock Indexes | ||||
| NIKKEI 225 | Tokyo | 8,238.64 | -456.87 | -5.25% |
| HANG SENG | Hong Kong | 13,221.35 | -717.74 | -5.15% |
| KRX | Busan | 2,323.49 | -73.80 | -3.08% |
| SSE IX | Shanghai | 6,364.03 | 247.36 | 4.04% |
| BSE | Bombay | 9,536.33 | -303.36 | -3.08% |
| HOSE | Ho Chi Minh | 346.24 | 3.91 | 1.14% |
| SET | Bangkok | 302.81 | -1.37 | -0.45% |
| Asian American Market Report | ||||
| Yahoo! | YHOO | 11.15 | 0.81 | (7.83) |
| Citigroup | C | 9.45 | -0.19 | (-1.97%) |
| Amkor Technology, Inc | AMKR | 3.31 | 0.15 | (4.75%) |
| Sybase | SY | 26.05 | 1.88 | (7.78%) |
| East West Bank corp,Inc | EWBC | 15.72 | 0.93 | (6.29%) |
NATION
Asian American Nonprofits are Struck Hardest
Forget the clichés about Wall Street and Main Street. What about Girard Street in Washington, D.C.?
“It’s a make or break year,” said Rick R. Chen of Asian American LEAD (AALEAD), a nonprofit organization headquartered at 1323 Girard St. where the nation’s economic downturn has struck hard.
For the past 10 years, AALEAD has helped low-income Asian Pacific American youth move out of poverty to become successful, self-sufficient adults. Currently, over 300 APA families in the D.C. and Montgomery County areas take advantage of AALEAD’s after-school and youth development programs, according to Chen, their manager of development and communications.
Since the economic downturn, AALEAD has seen a decrease in grants that has caused them to cut activities like field trips and workshops with hired trainers and speakers.
- New American Media
. . . . . . . . . .
Louisiana Gov. Jindal Possible GOP Candidate in 2012
It is only just over a week since the Republicans lost the White House in the U.S election, but it seems they are gearing up for the 2012 presidential race even before President-elect Barack Obama takes office.
Two high-profile Republicans have scheduled campaign-like stops in Iowa next week while party leaders are still trying to recover from devastating losses to Democrats in the Nov. 4 election. More potential contenders are expected to make the pilgrimage to Iowa in the coming months as the election cycle moves into overdrive.
The first scheduled to arrive is Mike Huckabee, who lost his party’s nomination for the last election to John McCain. The second is Louisiana Gov. Bobby Jindal, a 37-year-old American of Punjabi Indian heritage, who is considered a rising star within the Republican Party.
- ABCNews
. . . . . . . . . .
Liu Fixing Broken Meter Rule
Many New Yorkers think they have found a golden ticket when parking at a broken meter, only to find an orange ticket flapping under their windshield wiper when they return.
The broken-meter rule remains one of the most misinterpreted parking regulations in the City. Councilman John Liu (D-Flushing) hopes to end all confusion with a new measure clarifying the rule. He also hopes it will deter vandals from breaking meters, who mistakenly think they’ve got a free day-long parking spot.
The actual broken-meter rule states that drivers can park at a missing meter for the allotted time in that zone. But a broken meter allows you to only park one hour.
The new legislation would allow drivers to park at a broken meter for the allotted time in that particular zone. It has currently passed the Transportation Committee and will come before a vote in the City Council in the coming weeks.
- Queens Tribune
BAY/STATE
San Jose City Council Sets March 3 as Date for Nguyen Recall Vote
Voters in San Jose’s District 7 will get their chance March 3 to answer the next question in the lingering “Little Saigon” saga: whether council member Madison Nguyen should keep her job.
The city council Tuesday set the date for the recall election, but it stood up to another challenge from Nguyen’s opponents by denying voters a chance to choose Nguyen’s possible successor on the same ballot.
The theatrics in and outside the council chambers were the latest flourish in a yearlong battle swirling around Nguyen, elected in 2005 as San Jose’s first Vietnamese council member. Nguyen’s opposition to naming a retail area Little Saigon in 2007 infuriated many in the Vietnamese community, where a grassroots effort gathered more than 5,000 signatures to bring about the recall vote.
Establishing a firm date for only the third such election in the city’s history, the council Tuesday agreed with City Attorney Rick Doyle’s interpretation of the city charter that two separate elections must be held - one in March for the recall of the embattled representative of District 7, and another, if the recall is successful, to choose a successor.
- San Jose Mercury News
THE BLOG PHENOMENON: SOCIAL (e)MOVEMENTS
SAN FRANCISCO - The Asian Law Caucus is hosting a panel discussion on blogs (web logs) and their significant role in social justice advocacy and organizing. A panel of prominent bloggers will offer their views on blogs and their recent impact on social movements.
WHO: Keith Kamisugi - Asian Law Caucus, Equal Justice Society
Jeff Chang - Vibe, Huffington Post
Michael Cabanatuan - San Francisco Chronicle
James Rucker - Huffington Post, Colorofchange.org*
Tim Jones - Electronic Frontier Foundation
Neelanjana Banerjee - New America Media*
WHEN: Wednesday, December 3, 2008, 6:00 - 7:30 pm
WHERE: San Francisco Public Library
Koret Auditorium
100 Larkin Street
San Francisco, California 94102
ARTS
Deftones Bassist Chi Cheng Still in Coma, Expected to Recover
A little more than a week after his car accident, Deftones bassist Chi Cheng is still in a coma, but is in stable condition and expected to recover.
“The critical 72 hours has passed and his condition is stable,” vocalist Chino Moreno wrote on the Deftone’s official blog. In the days following the accident, Cheng’s bandmates and mother Jeanne have used the blog to post regular health updates and communicate with fans.
According to these daily posts, the 38-year-old has been responding positively to reflex tests and voice commands given by the family over the week. Additionally, the musician can now breathe on his own, but remains hooked up to respirators to control his
breathing.
- Ticket News
. . . . . . . . . .
New Documentary Chronicles Asian Americans in New Orleans
NEW ORLEANS - Zurich Financial Services and Farmers Insurance Group Inc recently announced another educational donation to help enrich New Orleans schools. Farmers’ newest documentary, Across the Waves, will be unveiled in Louisiana on Thursday, Nov.13, at 11:00 a.m. at a special screening for students at Haynes Academy.
Across the Waves is a chronicle of immigrants from Asian Pacific countries who overcame extreme odds to leave their homeland and seek the American dream. Each story is an emotional journey of Americans from eight different countries: China, Korea, Vietnam, Cambodia, Laos, the Philippines, Japan and India. The eight episodes will inspire, educate and promote understanding of the diverse cultures that populate the United States and the contributions each makes to the national fabric.
- Business Wire
. . . . . . . . .
TV Star Sheds Light on Domestic Violence
Holding a paper speech bubble next to his mouth, Alexander Vessels made a pledge to fight domestic violence. So did Kappa Phi Lambda President Kelly Chiu and more than 20 other participants in Becky Lee’s domestic violence workshop Wednesday.
Kappa Phi Lambda sponsored Lee’s appearance at Syracuse University as a part of Asian Awareness Week. “I pledge to fight domestic violence by stepping in if I see it happening,” one bubble said.
These simple pledges to get involved summed up the hour-long interactive lecture with Lee, the second runner-up on the Cook Islands season of Survivor. Lee educated students about domestic violence and discussed being an Asian-American in the media and her portrayal on reality television.
- SU The Daily Orange
SPORTS
Oakland Claims Taiwan’s Chen
The Oakland Athletics claimed Taiwanese second baseman Yung Chi Chen off waivers from the Seattle Mariners on Wednesday.
The 25-year-old prospect, who played for Taiwan at the 2004 Summer Olympics and 2006 World Baseball Classic, had spent the last five seasons in the Mariners’ organization.
In 2008, Chen made 47 starts at second base and 20 at third with Tacoma of the Pacific Coast League before suffering a season-ending right knee injury.
- Taipei Times
COMMERCE
Chinese-American Groups Contribute $300,000 for 150 Chinese Students at SUNY
NEW YORK CITY - State University of New York (SUNY) today announced several gifts to support the SUNY China 150 Fund. SUNY China 150 provides scholarships for students from Sichuan Province, who were affected by the massive earthquake earlier this year, and represents the first element of a larger initiative to create and deepen partnerships with Chinese universities and organizations.
The Association of Chinese American Physicians, through a series of fundraisers with the Asian American Bar Association of New York, raised and contributed $105,000 to support scholarships for these students, and worked in conjunction with the North Shore - LIJ Health System to raise another $20,000. The Chinese American Planning Council added a cash donation of $22,000 and solicited in-kind donations of $42,500 from Hip Hop USA and Red Packet Mobile. Together with an earlier gift from The Related Companies of $120,000, the amount contributed to the SUNY China 150 Fund totaled more than $309,500.
- WKTV
GLOBAL
Report Shows New Pollution Threat
BEIJING - A noxious cocktail of soot, smog and toxic chemicals is blotting out the sun, fouling the lungs of millions of people and altering weather patterns in large parts of Asia, according to a report released Thursday by the United Nations.
The byproduct of automobiles, slash-and-burn agriculture, wood-burning kitchen stoves and coal-fired power plants, these plumes of carbon dust rise over southern Africa, the Amazon basin and North America. But they are most pronounced in Asia, where so-called atmospheric brown clouds are dramatically reducing sunlight in many Chinese cities and leading to decreased crop yields in swaths of rural India, say a team of more than a dozen scientists who have been studying the problem since 2002.
Combined with mounting evidence that greenhouse gases are leading to a rise in global temperatures, the report’s authors called on governments both rich and poor to address the problem of carbon emissions.
- New York Times
. . . . . . . . . .
Filipino Author Miguel Syjuco Wins Man Asian Prize
HONG KONG — Filipino author Miguel Syjuco won the 2008 Man Asian Literary Prize for Ilustrado, an epic story on Philippine society spanning 150 years.
The three-member jury called the novel a revelation forming the “body and heart” in Philippine literature.
“Brilliantly conceived, and stylishly executed, it covers a large and tumultuous historical period with seemingly effortless skill,” the judges stated in a statement calling the book “ceaselessly entertaining, frequently raunchy, and effervescent with humor.”
Syjuco, who was born in Manila in 1976 and now lives in Montreal, said he hopes to find a publisher for Ilustrado. He received $10,000 with the prize.
Chinese author Jiang Rong won the inaugural Man Asian Literary Prize last year for Wolf Totem, a novel drawing on his experiences working in Inner Mongolia during the Cultural Revolution.
The London financial-services firm Man Group PLC sponsors the prize.
- Wall Street Journal
Comments
Got something to say?
