05022016Mon
Last update: Mon, 02 May 2016 05pm

South East Asia

World - South East Asia

Japan PM: No change to sales tax plan barring financial crisis or major natural disaster TOKYO: Japanese Prime Minister Shinzo Abe said on Monday there was no change to the government's plan to raise the sales tax next year barring a financial crisis like the one triggered by the collapse of Lehman Brothers or a major natural disaster. He did not elaborate, including whether the deadly earthquakes that have struck the southern island of Kyushu since last week would qualify as a major disaster that would prompt the government to reconsider the tax hike. The tremors have caused at least 42 deaths and disrupted production at major manufacturers including Toyota Motor Corp and Sony Corp. Copyright Reuters, 2016 ...

World - South East Asia

South Korean president 'humbly' accepts shock electoral defeat SEOUL: South Korean President Park Geun-Hye said on Monday she "humbly" accepted her ruling party's shock electoral defeat and vowed to work with the now opposition-controlled national assembly.Last week's ballot saw Park's conservative Saenuri Party lose its parliamentary majority for the first time in 16 years, as voters registered their dissatisfaction with the president's economic record and soaring youth unemployment.The result left the three liberal opposition parties with a combined 167 seats in the 300-seat ...

World - South East Asia

Myanmar's Suu Kyi reaches out to rebels with federalism vow YANGON: Myanmar's Aung San Suu Kyi on Monday vowed to press for greater autonomy for the nation's ethnic minorities, in an early move to soothe the rebellions roiling the country after her party's ascent to power.The country has been swept up in optimism for a more peaceful and prosperous future since the National League for Democracy (NLD) took power from the military on April 1.But the democracy figurehead warned Myanmar's prospects pivot on ending ethnic ...

World - South East Asia

S. Korean president 'humbly' accepts shock electoral defeat SEOUL: South Korean President Park Geun-Hye said Monday she "humbly" accepted her ruling party's shock electoral defeat and vowed to work with the now opposition-controlled national assembly.Last week's ballot saw Park's conservative Saenuri Party lose its parliamentary majority for the first time in 16 years, as voters registered their dissatisfaction with the president's economic record and soaring youth unemployment.The result left the three liberal opposition parties with a combined 167 seats in the 300-seat legislature.Presiding ...

World - South East Asia

UN Security Council strongly condemns N. Korea missile test UNITED NATIONS: The UN Security Council strongly condemned North Korea's test-firing of a missile on Friday, saying that the launch violated UN resolutions even if it was a failure.The council demanded that North Korea refrain from further actions in violation of resolutions barring Pyongyang from developing ballistic missile technology.In a unanimous statement, the council said it would closely monitor the situation and was ready to "take further significant measures" against the reclusive state."Although the DPRK's ...

World - South East Asia

New strong quake hits Japan, fresh damage, injuries reported KUMAMOTO: A powerful earthquake hit southern Japan early Saturday, authorities said, sending panicked residents from their homes and damaging buildings in a region where nerves were already frayed by a swarm of strong shaking.The earthquake hit just over a day after another strong tremor in the same area killed nine people, injured hundreds and toppled buildings. Public broadcaster NHK showed footage of rescuers carrying a victim on a stretcher from a collapsed house to an ...

World - South East Asia

New strong quake hits Japan, tsunami warning issued TOKYO: A strong 7.0 earthquake hit southern Japan early Saturday, the US Geological Survey said, a day after another powerful tremor killed at least nine people in the same area. The Japan Meteorological Agency issued a tsunami warning for the western coast of the Kyushu island, where hundreds were injured in Thursday's quake. Copyright AFP (Agence France-Presse), 2016 ...