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South Korea reports three MERS deaths as new cases fall SEOUL: South Korea Tuesday reported three more fatalities from the MERS outbreak but health authorities said they were cautiously optimistic the worst was over as the number of new cases was falling.Four new cases were confirmed Tuesday, bringing to 154 the total number of confirmed cases with 19 deaths in what has become the largest outbreak of the virus outside Saudi Arabia.Of the 154 people, 17 were cured and released from hospital, the health ministry said.The number of new cases has been gradually declining from 12 on Friday to four on Tuesday, sparking hopes that the outbreak might be showing early signs of easing."What is noteworthy is the fact that the number of new cases has been falling over the past few days," a senior health ministry official told journalists."More cases are expected to occur sporadically but we don't expect to see new cases occur in groups," he said. Of ...

North Korea's Kim hails rocket test as 'fresh milestone' SEOUL: North Korean leader Kim Jong-Un has hailed the firing of a new anti-ship rocket as "another fresh milestone" in bolstering the country's naval power following the testing of a submarine-launched ballistic missile (SLBM).Kim watched the test of the "highly intelligent" rockets to be deployed at naval units, Pyongyang's KCNA news agency reported on Monday.He "noted with great pleasure that it marked another fresh milestone in bolstering up the Juche (self-reliance)-based naval force", it said."Ultra-modern ...
Former senior Chinese official Qiao Shi dies aged 91 BEIJING: A former senior Chinese Communist Party official, Qiao Shi, died in Beijing on Sunday aged 91, state media reported. Qiao, who joined the ruling party at age 15, headed China's parliament in the 1990s and was a member of the party Politburo Standing Committee, the country's most powerful body, for a decade, according to the official Xinhua news agency. He also served as the nation's security chief but retired from all his posts in ...
Vietnam's forex reserves at more than $35bn: Deputy Prime Minister HANOI: Vietnam's forex reserves now stand at more than $35 billion, equivalent to more than 12 weeks of imports, deputy prime minister Nguyen Xuan Phuc told the National Assembly in a televised session."It's not too we will seek expertise from representatives and international economists to best use this fund to govern the macroeconomy and to intervene in the forex market when necessary," Phuc said.Vietnam has devalued the dong currency twice this year, by a ...
Road accident kills 21 Hindu pilgrims in southern India NEW DELHI: A van packed with Hindu pilgrims early Saturday swerved off a bridge and plunged into a river in southern India, killing 21 people including six children, officials said.The accident happened when the van was returning from a pilgrimage to the famous Tirupati-Tirumala temple in Andhra Pradesh state and lost control on a bridge, killing all but a 12-year-old boy. "The vehicle driver appeared to have lost control and hit a wall of the ...
South Korea to close its oldest reactor SEOUL: South Korea's oldest nuclear reactor is expected to be shut down permanently in 2017 after growing safety concerns over the ageing facility.A state energy committee has decided to urge the state-financed Korea Hydro and Nuclear Power Co. (KHNP) to close the Gori Reactor No.1 in the southern port of Busan.The 580 megawatt reactor would be the first reactor to be closed in South Korea."We have decided that it would be desirable for the reactor ...
Giant tortoise walks Tokyo's streets - slowly TOKYO: A huge reptile is on the prowl through Tokyo's streets -- but unlike Godzilla, who stomped across Japan's capital in a blaze of destructive energy, Bon-chan the giant tortoise isn't doing anything very quickly.The metre- (3-feet-) long African spurred tortoise, which tips the scales at 70 kilogrammes (150 pounds), is a regular sight on the streets of Tokyo's Tsukishima district, as he and owner Hisao Mitani take their snail-paced daily walk. "My wife just ...

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln