06252016Sat
Last update: Sat, 25 Jun 2016 10pm

South Asia

World - South Asia

Iran's Khamenei calls for vigilance against West's 'soft war': state TV ANKARA: Iran's Supreme Leader Ayatollah Ali Khamenei called for vigilance against what he called a "soft war" mounted by the West and aimed at weakening the clerical establishment, state television reported on Thursday."Our officials and all parts of the establishment should be vigilant about the West's continued soft war against Iran ... the enemies want to weaken the system from inside," Khamenei said.In a meeting with members of the Assembly of Experts, with authority to appoint and dismiss the supreme Leader, Khamenei told Iranian officials:"By impairing centres of powers in Iran, it will be easy to harm the establishment from inside," Khamenei told members of the Assembly of Experts.The 88-member assembly, consisting mostly of elderly clerics, is expected to choose any successor to Khamenei, who has the final say on all state matters."The only way to materialise the (1979 Islamic) revolution's goals is national unity and not to obey the ...

World - South Asia

After two years, India's Modi says huge task ahead: report NEW DELHI: Prime Minister Narendra Modi has defended his record of reforming India's stuttering economy after two years in power, but conceded that his right-wing government faced "an enormous task ahead".In an interview with The Wall Street Journal published Thursday, his second anniversary in office, Modi said he had set a path for faster growth, including opening up the economy to foreign investment and curbing corruption.But Modi also said he needed India's 29 states to ...

World - South Asia

India allows accused Italian marine to go home NEW DELHI: India's top court Thursday allowed an Italian marine accused of killing two fishermen to return home pending a ruling on where he should be tried in a long-running case that has soured ties between the two countries.Salvatore Girone and fellow marine Massimiliano Latorre are accused of shooting the fishermen while protecting an Italian oil tanker as part of an anti-piracy mission off India's southern Kerala coast in 2012.Latorre was allowed to travel back ...

World - South Asia

Japan's Abe visits Shinto holy site before G7 summit ISE: Japanese Prime Minister Shinzo Abe on Wednesday made a pilgrimage to the Ise Grand Shrine, the holiest site in Japan's Shinto religion, a day before he hosts a Group of Seven (G7) summit nearby.Abe is expected to escort other G7 leaders including U.S. President Barack Obama to the expansive grounds of the shrine in central Japan on Thursday before they gather for the two-day annual meeting.Abe, who like other Japanese leaders pays his respects ...

World - South Asia

Sri Lanka seeking to borrow $3.5bn through foreign debt COLOMBO: Sri Lanka is in the process of borrowing up to $3.5 billion from foreign sources via syndicated loans, sovereign bonds, and sukuk, the country's finance minister said on Wednesday."A $500 million syndicated loan is almost done with Credit Suisse. Once that is done, we will be going for another $500 million syndicated loan," Ravi Karunanayake told a Foreign Correspondents Association forum."Then we will go for the sovereign bond within two to three weeks. We ...

World - South Asia

China's Li says reducing excess capacity is key task in supply-side reform BEIJING: China's Premier Li Keqiang said that reducing excess capacity in industry remains the key task in carrying out supply-side reform.The government is looking at multiple ways of effectively lowering leverage levels and debt burdens at firms in sectors with excess capacity, Li said according to a statement published on the government's website on Tuesday.China will ensure that workers whose jobs will be affected by restructuring in those sectors will not be left unemployed, he ...

World - South Asia

Iran denies killed Taliban leader was in country TEHRAN: Iran on Monday denied reports that Afghan Taliban leader Mullah Akhtar Mansour entered Pakistan from the Islamic republic before being killed in a US drone strike, state media reported.Pakistani security officials told AFP on Sunday that the man killed on Saturday in the southwestern province of Balochistan, believed at the time to be Mansour, had just returned from Iran when his vehicle was attacked.US President Barack Obama on Monday confirmed that Mansour had been ...