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Asia-Pacific leaders warn water shortages could create conflict

Fierce competition for water could trigger conflict unless nations cooperate to share the diminishing resource, leaders from Asia-Pacific nations warned on Monday. From Central to Southeast Asia, regional efforts to secure water have sparked tensions between neighbours reliant on rivers to sustain booming populations. Breakneck urbanisation, climate change and surging…

For the first time more millionaires call Asia-Pacific, instead of North America, ‘home’

Asia-Pacific has overtaken North America as home to the most millionaires for the first time, boosted by a rise in the number of wealthy in China and Japan, a report released on Wednesday showed. The region had 3.37 million high net worth individuals (HNWIs) in 2011 compared to North America’s…

UN: Gender discrimination costs Asia-Pacific economies tens of billions per year

Discrimination against women hampers progress in alleviating world poverty and costs Asia-Pacific economies tens of billions of dollars a year, United Nations Secretary-General Ban Ki-moon said Monday. “Gender discrimination blocks progress. Equality makes it possible to achieve huge breakthroughs,” Ban told an international meeting for young female leaders during a visit to his native South Korea. Women make…

HIV may afflict almost half Asia-Pacific transgenders: UN

BANGKOK — Nearly half of transgender people in the Asia-Pacific region could have HIV as poor healthcare and high-risk lifestyles push infection rates to “critical levels”, a UN report said Thursday. The region’s estimated 9-9.5 million transgender population is “bearing the brunt of the HIV epidemic”, the UN Development Programme…

Software piracy costs record $63.4 billion in 2011

Software piracy cost the industry a record $63.4 billion globally in 2011 with emerging economies listed as the main culprits, an annual study said Tuesday. This was up nearly eight percent from the previous record of $58.8 billion in 2010, the Business Software Alliance (BSA) said in the study. In the Asia Pacific, which…