12042016Sun
Last update: Sun, 04 Dec 2016 09pm

South East Asia

World - South East Asia

'Million'-strong protest tells South Korea president to quit SEOUL: Pressure on South Korea's scandal-hit president to resign escalated sharply Saturday, with organisers claiming a million-strong turnout at one of the largest -- and loudest -- anti-government protests the country has ever witnessed.Chanting "Step down Park Geun-Hye!" enormous crowds, including high school students, Catholic nuns, labourers, farmers, retirees and young couples with babies, massed in the streets of central Seoul in a powerful display of popular anger and dissent.While police put the turnout at 260,000, organisers said one million people took part in what was the third in a series of weekly protests over a corruption scandal that has left Park fighting for her political survival.On the back of official appeals for calm, police deployed around 25,000 officers, many of them in full riot gear, while police buses and trucks blocked every access road -- major or minor -- around the presidential Blue House.As night fell, Seoul's main ceremonial ...

World - South East Asia

N. Korea urges shift from US, Seoul says it has Trump's support SEOUL: North Korea on Thursday warned the incoming Donald Trump administration will have to acknowledge it as a nuclear state, as the South said the maverick billionaire had pledged to protect it.The United States maintains it cannot accept North Korea as a nuclear power, despite it conducting five nuclear tests -- including two in 2016 -- and has pushed harsh international sanctions against the Pyongyang regime."If there is anything the Obama administration has done... it ...

World - South East Asia

China's Xi congratulates Trump on election: CCTV BEIJING: China's President Xi Jinping sent congratulations to US president-elect Donald Trump and said he looked forward to working with him, state broadcaster CCTV reported Wednesday. "I highly value China-US relations, and look forward to working together with you, and holding fast to mutual respect and non-conflict, non-confrontation," the channel cited Xi as saying in its nightly national broadcast. As the world's two largest economies, China and the US have an important responsibility to safeguard ...

World - South East Asia

South Korea president to visit parliament amid political scandal SEOUL: South Korean President Park Geun-hye will visit parliament on Tuesday and meet the speaker, an opposition assemblyman said, amid an influence peddling scandal that has gripped the country and thrown her government into a political limbo. Park hopes to meet the leaders of opposition parties during her visit to parliament, Yonhap news agency quoted an unnamed presidential Blue House official as saying. Opposition leaders have demanded Park withdraw her nominee for prime minister and ...

World - South East Asia

Japan's Aso: may respond to yen spikes as result of US leadership race TOKYO: Finance Minister Taro Aso said on Tuesday that Japan will need to respond to currency market moves if results of the US presidential election cause a sudden spike in the yen. Aso made the remarks when asked about market speculation that the safe-haven currency could spike if Republican nominee Donald Trump won the presidential race due on Nov. 8. "I won't comment on results of other country's elections. But if it were to affect ...

World - South East Asia

Japan PM Abe told MOF's Asakawa to closely watch forex TOKYO: Japanese Prime Minister Shinzo Abe told a senior finance ministry official to closely monitor the currency market around the presidential election in the United States, Kyodo News reported on Tuesday. Abe met Masatsugu Asakawa, vice finance minister for international affairs at the finance ministry, on Tuesday, Kyodo said. Copyright Reuters, 2016 ...

World - South East Asia

South Korea says growth sluggish, uncertainties to economy growing SEOUL: South Korea's production and consumption have remained broadly sluggish, and the economy faces growing uncertainties from the US presidential election and the fallout from Brexit, the finance ministry said on Tuesday. Exports have fallen at a slower rate in October, while recovery in domestic consumption and production remain weak due to factors such as Samsung Electronic's decision to scrap production of its flagship Note 7 smartphones, the ministry said in its monthly assessment of ...