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Joint industrial estate remains open despite North Korea threat SEOUL: An inter-Korea joint industrial complex, which lies inside North Korea, was operating normally on Sunday despite the North's threat to shut it down, a Seoul official said.The complex in the city of Kaesong, just north of the border, was running as usual after Pyongyang warned of a potential closure as it declared a "state of war" with the South on Saturday, said Seoul's Unification Ministry. "There has been no problem so far in operations of the Kaesong complex," a spokesman of the ministry handling cross-border affairs told AFP without elaborating.The Kaesong Industrial Complex, which lies 10 kilometres (six miles) inside North Korea, was built by the South in 2004 as a symbol of cross-border cooperation. Around 53,000 North Koreans work at plants for 120 South Korean firms at the complex, which serves as a crucial source of hard currency for the impoverished communist state. Tensions are ratcheted high between ...

Xi wraps up first foreign trip BRAZZAVILLE: China's new President Xi Jinping on Saturday wrapped up his first foreign trip which has seen him sign energy deals with Russia and scores of accords with countries in resource-rich Africa. Xi ended his tour with the first-ever visit by a Chinese president to the Congo, a small and impoverished country in central Africa, which has significant oil resources and other untapped mineral wealth. On his second and last day in Brazzaville he met ...
Body found after China landslide buries 83: report BEIJING: Rescue teams found the first body on Saturday almost 36 hours after a giant landslide in Tibet buried 83 mine workers under two million cubic metres of earth, China's state media reported.Xinhua news agency said rescuers "found the first body at 5.35 pm", after a huge section of land buried a copper mine workers' camp in Maizhokunggar county, east of the Tibetan capital Lhasa, at 6:00 am on Friday (2200 GMT Thursday).The report came ...
Bomb kills two paramilitaries in Thai south BANGKOK: A roadside bomb and gun attack killed two Thai military rangers and wounded four others on Saturday, police said, two days after the country held its first formal peace talks with Muslim rebels.The paramilitaries were on their way to attend a colleague's funeral in Pattani province when suspected militants detonated the bomb hidden in a motorcycle and launched a gun attack, police said.On Friday a bomb had killed a soldier and wounded 14 others ...
Titanic II titan unveils Australian dinosaur park plan SYDNEY: An eccentric Australian mining magnate who is building a replica of the ill-fated Titanic on Saturday unveiled his latest scheme -- a park of giant robotic dinosaurs.Clive Palmer, who last month in New York launched an ambitious plan to build and sail the "Titanic II", said he had ordered more than 100 life-size dinosaur robots from China to populate his north Australian resort."We'll have the world's biggest dinosaur exhibit, with 165 animatronic dinosaurs," Palmer ...
83 buried in a Tibet mine area landslide: state media BEIJING: Eighty-three workers were buried after a large-scale landslide hit a mining area in Tibet on Friday, China's state media reported.The landslide took place at about 6:00 am (2200 GMT Thursday) in Maizhokunggar County in Tibet's capital Lhasa, and trapped workers from a subsidiary of China National Gold Group Corporation, a mining firm, said Xinhua.No deaths have been announced, and a local official reached by AFP confirmed that the landslide had occurred, but could not ...
Cambodia war crimes court averts strike over wages PHNOM PENH: Cambodia's cash-strapped war crimes tribunal has staved off a strike by local staff over unpaid wages that would have further delayed the trial of two Khmer Rouge leaders, officials said on Friday. About 270 Cambodian employees at the UN-backed court including drivers, prosecutors and judges have not received their salaries for this year and had threatened to walkout at the start of April. The tribunal has been frequently short of cash since it ...

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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln