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Typhoon Halong heads for Japan TOKYO: Typhoon Halong advanced toward southern Japan on Thursday, packing heavy rains as officials warned the storm would bring strong winds and high waves to the region.The storm was moving toward the Okinawa island chain with gusts of to 198 kilometres (123 miles) per hour, the Japan Meteorological Agency said.Television footage showed residents boarding up windows on the remote subtropical island of Minami-Daitojima near the main Okinawa island chain as strong gusts hit the area.Officials urged local people to guard against the wind and possible landslidesHalong was expected to reach Japan's mainland by the weekend, about a month after Typhoon Neoguri killed several people and left a trail of destruction in the country's south.Last weekend, a man drowned in a raging river while more than half a million people were advised to evacuate as heavy rain from Typhoon Nakri lashed Japan.Copyright AFP (Agence France-Presse), 2014 ...

Chinese workers hurt in PNG mine attack: report SYDNEY: Five Chinese workers were hurt after armed villagers stormed a nickel mine in Papua New Guinea, damaging equipment and forcing it to close, a report said Thursday.PNG police said they were investigating the attack after the staff were injured when the villagers charged into the Kurumbukari mine southwest of Madang on Monday morning, PNG's The National reported."Five Chinese employees got injured with one receiving 14 stitches," the newspaper quoted an unnamed Ramu company representative ...
China court upholds mining tycoon's death sentence BEIJING: A Chinese court on Thursday upheld the death sentence handed down to a mining billionaire said to have links with disgraced former security tsar Zhou Yongkang.Liu Han, his brother Liu Wei and three accomplices appealed to the high court in the central province of Hubei after they were condemned to death in May for "organising and leading a mafia-style group", murder and other crimes.The court on Thursday rejected the appeal, it said in a ...
China ships in disputed waters after Japan warning TOKYO: Chinese coastguard ships sailed into disputed waters off Japanese-controlled islands in the East China Sea on Wednesday, officials said, after Tokyo's annual defence paper warned over China's "dangerous acts" near the archipelago.The report, published Tuesday, said frequent appearances by Chinese ships in the area could lead to "unintended consequences", as fears grow over a potential military clash between the Asian powers.Three Chinese vessels entered territorial waters that extend 12 nautical miles around one of ...
NZ jobless at 5 year low, central bank seen on hold to year end WELLINGTON: New Zealand unemployment fell more than expected to its lowest in five years on modest job growth in the second quarter, while wage pressures nudged up, although the central bank still has breathing space to stay on hold for the time being. The jobless rate fell to 5.6 percent in the three months to June 30 from a downwardly revised 5.9 percent, as employment grew 0.4 percent or 10,000 jobs, Statistics New Zealand said ...
Japan's nuclear restart may be delayed until 2015 TOKYO: The long-awaited restart of Japan's nuclear power plants is facing yet another setback and may be delayed until 2015, Japanese media said on Wednesday, piling pressure on struggling utilities to push for fresh price hikes. Kyushu Electric Power's two-reactor Sendai plant, located about 1,000 km (600 miles) southwest of Tokyo, is likely to be the first nuclear plant to be allowed to restart under tough new safety regulations after the 2011 Fukushima crisis.The Sendai ...
Australia PM says new terror laws will not invade privacy SYDNEY: Australian Prime Minister Tony Abbott on Wednesday defended tough new terror laws under which Internet data, including websites browsed, will be retained, denying it is an invasion of privacy.The government plans to overhaul laws to make it easier to arrest and prosecute terrorists and make it an offence to travel to designated hotspots overseas without a valid reason.It has also substantially increased resources to security and intelligence agencies and wants telecommunications companies to retain ...

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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
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MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln