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Australia PM defends treatment of migrants held on boat SYDNEY: Australian Prime Minister Tony Abbott on Saturday said his government's treatment of a boatload of 157 asylum-seekers who have been kept at sea for weeks would underline its resolve to stop people-smuggling.Abbott, who came to power in September promising to "stop the boats" bringing asylum-seekers from countries such as Iran and Afghanistan, said Canberra would not dodge its international and legal obligations."What we do is always in accordance with our international obligations, it's always in accordance with our legal obligations, it's always in accordance with safety at sea," he told reporters in the capital.But he said the boat carrying the group of 157 thought to be mostly minority ethnic Tamils from Sri Lanka now being brought to the Australian mainland would demonstrate Canberra's position."We are determined to respond to this one in ways which underline our absolute implacable opposition to people-smuggling," he said."Because every boat that comes is exposing ...

Malaysia PM says to discuss access to MH-17 crash site with Dutch PM KUALA LUMPUR: Malaysian Prime Minister Najib Razak said on Saturday he would meet Dutch Prime Minister Mark Rutte next week to discuss how to secure full access for investigators to the site in Ukraine where a Malaysian airliner was downed.A statement issued by his office said Najib would fly to the Netherlands to discuss the downing of Malaysia Airlines Flight MH-17 and the deployment of 30 investigators it said were needed to conduct a full ...
Japanese PM opens LatAm tour with Mexico energy deals MEXICO CITY: Japanese Prime Minister Shinzo Abe struck a series of energy deals Friday with Mexican President Enrique Pena Nieto at the start of a five-country Latin American tour.Abe, whose visit to the region comes on the heels of Chinese President Xi Jinping's, met Pena Nieto at the presidential palace for talks that ended with the signing of a raft of deals.The new agreements included one between Mexican state oil firm Pemex and Japan's development ...
China denounces British parliament's inquiry into Hong Kong affairs SHANGHAI: China denounced the launch of a British parliamentary inquiry into the affairs of Hong Kong that has begun 30 years after the two countries agreed on the return of the financial hub to Beijing.Earlier this week, British parliament's Foreign Affairs Committee opened an inquiry into how British foreign ministry monitors the implementation of a 1984 agreement between Beijing and London that paved the way for the 1997 return of the British colony to China.Chinese ...
China unemployment rate steady at 4.08pc at end of Q2 BEIJING: China's urban unemployment rate was 4.08 percent at the end of June, identical with the level in March, the labour ministry said on Friday. Li Zhong, spokesman of the Human Resources and Social Security Ministry, told a media conference China added 7.37 million jobs in the first half of this year, more than the 7.25 million a year earlier. Any marked weakening in the labour market would raise alarm bells for China's government, which ...
Japan PM leaves for Latin America, Caribbean TOKYO: Japan's Prime Minister Shinzo Abe on Friday left on a five-nation tour of Latin America and the Caribbean that will reportedly see a major Japanese bank extend a $500 million oil exploration loan to Brazil.The visit comes as Chinese President Xi Jinping wrapped up a nine-day Latin American tour, as the Asian powers eye the region's fast-growing economies and vast natural resources.On Friday morning, Abe left Tokyo on his way to Mexico, Trinidad and ...
Chinese firm files Transformers lawsuit BEIJING: The owners of a Chinese nature park have filed a lawsuit against the makers of the latest Transformers film because it failed to include the park's logo, a court said on Friday.The Transformers films are wildly popular in China, and Chinese companies from milk producers to banks have flocked to have their products endorsed in the latest instalment.The Chongqing Wulong Karst Tourism Group, which runs an area of gorges and caves in southwest China ...

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln