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Japan is set to extend sanctions on North Korea: Nikkei TOKYO: Japan will likely extend its sanctions against North Korea because of Pyongyang's delay in reporting into its abductions of Japanese citizens decades ago, the Nikkei business daily reported on Saturday without citing sources.The government is poised to decide next Tuesday on an extension to a trade embargo on North Korea, a ban on North Korea charter flights and a prohibition on North Korean ships entering Japanese ports, the Nikkei said.Japanese government officials were unavailable for comment.In 2002, North Korea admitted kidnapping 13 Japanese citizens in the 1970s and 1980s to help train spies. Five of those abductee and their families later returned to Japan.North Korea said that the remaining eight were dead and that the issue was closed, but Japan has been pressing for more information.Last July, Japan lifted some of sanctions against North Korea, such as easing travel curbs, in return for Pyongyang's reopening of an investigation into ...

Malaysia launches crackdown to thwart protest: opposition KUALA LUMPUR: Malaysian police have arrested two politicians and a political activist as they seek to thwart a Saturday protest march demanding the release of jailed opposition leader Anwar Ibrahim, an opposition parliamentarian said.Tian Chua said he also would comply with an order to surrender to police on Saturday, but that the afternoon rally in Kuala Lumpur would go ahead.The arrests are the latest in an escalating crackdown on government opponents amid anger over Anwar's ...
North Korea says it has arrested two South Korea spies SEOUL: North Korea said it had arrested two South Koreans engaged in espionage for the South's spy agency, in a move likely to heighten already elevated tensions between the two rivals.In a despatch late Thursday, the North's official KCNA news agency described the two men, identified as Kim Kuk-Gi and Choe Chun-Gil, as "heinous terrorists" who operated from a base in the Chinese border city of Dandong."They zealously took part in an anti-DPRK (anti-North Korea) ...
Australia bids farewell to former PM Fraser at state funeral MELBOURNE: Hundreds of mourners gathered on Friday at a state funeral for former conservative prime minister Malcolm Fraser, who came to power in 1975 with Australia's greatest constitutional crisis and died last week aged 84.Prime Minister Tony Abbott attended the ceremony at Melbourne's Scots' Church along with former prime ministers Julia Gillard, John Howard and Paul Keating.Fraser's close friend and a minister in his government, Peter Nixon, said the nation had lost a "unique and ...
14 dead in scaffolding collapse at Vietnam steel plant HANOI: At least 14 workers were killed and dozens more injured after scaffolding collapsed at a steel plant in central Vietnam, officials said, as rescue teams on Thursday searched for bodies still trapped in the wreckage.The labourers were building concrete blocks as part of a seawall project when the accident took place late Wednesday in the coastal province of Ha Tinh, said Le Minh Dao, office manager of the provincial People's Committee."We have pulled out ...
Greek deputy PM to visit China amid financial crisis BEIJING: Greek deputy prime minister Ioannis Dragasakis will visit China this week, Beijing's foreign ministry announced Monday, as concerns over the cash-strapped country's financial crisis intensify.Dragasakis will visit China from Wednesday to Saturday at the invitation of Chinese vice premier Ma Kai, foreign ministry spokesman Hong Lei said at a regular briefing.Hong provided no further details.China has developed close economic ties with Greece. Chinese shipping giant COSCO has a 35-year concession managing the two main ...
Vanuatu cyclone death toll revised to 11 SYDNEY: The death toll from Vanuatu's devastating cyclone was revised down to 11 on Monday, according to the United Nations which also said contributions to the South Pacific nation's recovery have topped US$10 million. The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) had on the weekend put the number of fatalities at 16, but its latest update noted that the Vanuatu government had advised the number was 11.Dozens were initially feared dead ...

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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 30, 2015
Reserves $17.717 bln