07262016Tue
Last update: Tue, 26 Jul 2016 09pm

South East Asia

World - South East Asia

More needs to be done to achieve balanced growth CHENGDU: The G20 economies will reiterate their determination to use all policy tools, individually and collectively, to achieve their goal of strong, sustainable and balanced growth, according to a draft of the G20 communique seen by Reuters on Saturday. "We are making further progress towards the implementation of our growth strategies, as is indicated by the preliminary assessment of the international organizations as well as results from our enhanced peer reviews, but we also acknowledge that more needs to be done," the draft said."We reaffirm our previous exchange rate commitments, including that we will refrain from competitive devaluations and we will not target our exchange rates for competitive purposes. We will resist all forms of protectionism," it said.The communique also said that the G20 hopes to see Britain as a close partner of the European Union, and that the economies were well positioned to proactively address the potential economic and ...

World - South East Asia

Iran urges global fight against terrorism after Munich attack DUBAI: Iran said on Saturday the international community should make fighting terrorism its top priority, after an 18-year-old German-Iranian gunman apparently acting alone killed at least nine people in Munich. The attack was the third on civilians in Western Europe in eight days."Today, fighting terrorism, in any form and place, is an urgent demand of the world community ...that should be considered as the top priority by all countries in an international consensus," Iran's Foreign ...

World - South East Asia

Fire diverts N. Korea Air Koryo flight: report BEIJING: A fire forced a flight from North Korean flag-carrier Air Koryo to land in the northeastern Chinese city of Shenyang on Friday, China's official Xinhua news agency reported.In a brief despatch from Pyongyang, Xinhua said the scheduled flight from the North Korean capital to Beijing was forced to divert and land in Shenyang "because the plane caught fire."The report, which was sourced to a passenger on board who had spoken to the news service, ...

World - South East Asia

'Better angels' will prevail in US election: Biden SYDNEY: The "better angels in America will prevail" in the upcoming presidential elections, Vice President Joe Biden said Wednesday as he warned about xenophobia during a visit to Australia.Biden said both the US and Australia were dealing with the legacies of racism and exclusion but would inexorably move forward."Don't worry about our election. The better angels in America will prevail," he assured Australians in Sydney at the end of his three-day visit. "So at a ...

World - South East Asia

North Korea says missile test simulated attack on South Korea ports, airfields SEOUL: North Korea said on Wednesday it had conducted a ballistic missile test that simulated preemptive strikes against South Korean ports and airfields used by the US military, likely referring to the launches of three missiles on Tuesday. The North's leader Kim Jong Un supervised the exercise that successfully tested the simulated detonation of nuclear warheads mounted on missiles, its official KCNA news agency reported. It did not give the date of the exercise, as ...

World - South East Asia

Beijing to hold South China Sea war games after ruling BEIJING: Beijing will close off access to part of the South China Sea for military drills, officials said Monday, after an international tribunal ruled against its sweeping claims in the waters.An area off the east coast of China's island province of Hainan will host military exercises from Tuesday to Thursday, China's maritime administration said on its website, adding that entrance was "prohibited".The area of sea identified is some distance from the Paracel islands and even ...

World - South East Asia

5.0 magnitude quake shakes Tokyo TOKYO: A 5.0 magnitude earthquake shook Tokyo and large ares of eastern Japan Sunday, the US Geological Survey said, but there were no immediate reports of damage or casualties.The quake hit at 1:24 pm (0424 GMT) with its epicentre at a relatively shallow depth of 40 kilometres in Ibaraki, northeast of the capital, the Japan Meteorological Agency said.No damage or injuries were immediately reported as buildings in Tokyo were shaken by the jolt."Shinkansen" bullet train ...