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Japanese envoy to visit China ahead of possible summit: reports TOKYO: Japan's top security diplomat could visit China as early as this week ahead of a possible visit by Prime Minister Shinzo Abe to repair strained ties between the neighbours, local media said Sunday.Shotaro Yachi, the head of the National Security Council, plans to visit Beijing for talks with Yang Jiechi, China's top diplomat who serves as state councillor, Japan's public broadcaster NHK and other media reported.Yachi is expected to lay the groundwork for a summit between Abe and Chinese President Xi Jinping, following their meeting in April in Jakarta on the sidelines of international conferences, they said.Abe is considering travelling to China around the time of a September 3 ceremony in Beijing to commemorate the 70th anniversary of the end of World War II, the Nikkei daily and the Mainichi Shimbun said.Ties between Beijing and Tokyo have warmed over the past year, but strains over territorial disputes and attitudes ...

Japan PM Abe studies possible China visit in Sept TOKYO: Japanese Prime Minister Shinzo Abe is studying the possibility of a summit with Chinese President Xi Jinping in China in September, the Asahi newspaper reported on Saturday, citing sources close to Abe. The two leaders held talks in April in Indonesia, but Abe, faced with a controversial security policy change as part of his domestic agenda, sees better Japan-China relations as a way to boost his job approval ratings, the paper said.China invited Abe ...
Typhoon lashes China after more than a million people evacuated SHANGHAI: One of the most powerful typhoons to strike eastern China in decades disrupted air, rail and sea transport on Saturday after forcing the evacuation of more than a million people from the provinces of Zhejiang and Jiangsu, state media reported.Typhoon Chan-Hom was packing winds of 162 kph (101 mph) as it hit the city of Zhoushan, slowing from an earlier speed of 173 kph (108 mph).It could be the most powerful typhoon to hit ...
Bali airport reopens after days of closure due to ash cloud: official JAKARTA: Indonesian authorities reopened the international airport on the holiday hotspot of Bali on Saturday, an official said, after it was shut for days due to drifting ash from a volcano.It was not immediately clear, however, when flights would resume at Ngurah Rai International Airport, where thousands of holidaymakers have been stranded since Thursday when drifting ash from Mount Raung on Java forced its closure.Indonesia's transport ministry had ordered the closure of the airport at ...
Tearful prayers as Manny Pacquiao visits death row Filipina YOGYAKARTA: Boxing superstar Manny Pacquiao visited a Filipina on death row in Indonesia on Friday, with the convict breaking down in tears as she prayed behind bars with the Philippine sporting hero.Mary Jane Veloso was sentenced to death in Indonesia after being arrested in 2009 with 2.6 kilograms (5.7 pounds) of heroin sewn into the lining of her suitcase.She had been due to face the firing squad along with other foreign drug convicts in April ...
Magnitude 6.5 quake off Solomons, no tsunami threat SYDNEY: A shallow 6.5 magnitude earthquake struck in the Pacific off the Solomon Islands on Friday, seismologists said, but no tsunami threat was issued and no major damage was expected.The quake hit 154 kilometres (96 miles) southwest of Dadali and 170 kilometres west of the capital Honiara, according to the US Geological Survey. USGS had initially measured the earthquake at 7.0 magnitude but revised it down. It was followed by a 5.3 tremor."Based on all ...
North Korea rejects reports of high-level defections SEOUL: North Korea responded angrily Thursday to reports in the South Korean media about a recent spate of high-level defections and executions, calling them Nazi-style propaganda aimed at tarnishing Pyongyang's image.The reports in a number of publications have been accompanied by speculation that the defections signal a growing instability in the North Korean leadership under Kim Jong-Un.In a lengthy commentary, the North's official KCNA news agency dismissed the reports as wild rumour and "sheer lies"."The ...

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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln