07272016Wed
Last update: Wed, 27 Jul 2016 06pm

South East Asia

World - South East Asia

Nearly 50 Myanmar troops killed fighting northern rebels YANGON: Nearly 50 soldiers have been killed in recent fighting with rebels in a northern border area near China, Myanmar's state media said Friday, the latest blow to government hopes for a countrywide ceasefire.The troops were killed in four days of clashes in Shan state with largely ethnic Chinese rebels from the Kokang region which broke out on February 9, the Global New Light of Myanmar said."So far, the fighting has left government forces with 47 dead, 73 wounded and five vehicles destroyed," said the report in its English language edition. A 200-strong force of Kokang rebels attacked a military base in the Kongyan area on Thursday, shelling the headquarters, the report said. The army has carried out five airstrikes in retaliation. The resurgence of conflict in the Kokang area of Shan state, which had been largely dormant for nearly six years, is an ominous sign for the government as ...

World - South East Asia

Court finds 'Nut rage' Korean Air heiress guilty SEOUL: The daughter of Korean Air's chairman was found guilty Thursday of violating aviation safety law in a now notorious on-board "nut rage" incident that triggered an uproar over the behaviour of South Korea's elite business families.Cho, who was a senior Korean Air executive at the time of the incident, is also charged with obstructing justice and assaulting a member of the cabin crew, and faces a possible three-year jail term.Copyright AFP (Agence France-Presse), 2015 ...

World - South East Asia

Australia PM savages study into detention of asylum-seeker children SYDNEY: Australian Prime Minister Tony Abbott on Thursday savaged a Human Rights Commission report into the struggles of asylum-seeker children held in detention as "blatantly partisan" and said he had no guilt "whatsoever".In a damning report to parliament, the government-funded commission said its 10-month investigation of 11 detention centres found widespread sexual assault, self-harm and severe mental disorders among children locked up."There appears to be no rational explanation for the prolonged detention of children," stated ...

World - South East Asia

Japanese finance ministry worried over JGB volatility LONDON: Japan's finance ministry is concerned by a recent rise in the volatility of its government bond yields, a senior official said on Wednesday, but it expects this to die down once it has held more auctions. "We have concerns about the short-term volatility," Makato Fujishiro, deputy director-general for government finance at the finance ministry said. But he stressed that interest rates remained very low and that the volatility would prove brief. "I expect after ...

World - South East Asia

Thailand's economic growth picking up with govt spending BANGKOK: Thailand's economy is picking up speed in 2015 as government spending accelerates and urban consumption improves after political turmoil last year choked growth, its finance minister said on Wednesday.If the economy continues to improve the government plans to go ahead with plans to raise value-added tax (VAT) by 1 percentage point to 8 percent by the end of September to boost state finances, Sommai Phasee told Reuters in an interview. Protests paralysed Thailand's government ...

World - South East Asia

No end to Middle East strife without Iran: Rouhani TEHRAN: President Hassan Rouhani said Wednesday the world needs Iran to help stabilise the troubled Middle East, in remarks pointing to the wider ramifications of a deal over Tehran's disputed nuclear programme.In a live televised speech to mark the anniversary of 1979's revolution, Rouhani implicitly linked ongoing nuclear talks with world powers to resolving bloody conflicts in Iraq and Syria."If there is going to be peace and stability in the region, and terrorism is to ...

World - South East Asia

South Korea coastguard officer jailed over ferry disaster SEOUL: A South Korean coastguard ship commander was jailed for four years Wednesday on manslaughter charges related to last year's Sewol ferry disaster, which killed more than 300 people.The court in the southern city of Gwangju found Kim Kyung-Il guilty of professional negligence resulting in death, a court spokesman said by phone.Prosecutors said Kim, whose vessel was the first on the scene as the Sewol listed and sank, bore responsibility for the botched rescue effort ...