“Within the region, although the development gap among ASEAN members has been noticeably narrow, it is still huge. This requires to double our efforts to promote further growth and improve equitable distribution of the fruits of growth at both the national and the regional among members countries.” Cambodia maintains close ties with Beijing, and analysts […]
Philippine President Urges ASEAN Unity on South China Sea
Posted April 3rd, 2012 at 12:50 pm (UTC-5)
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IMF: Global Economy Improves, but Remains Fragile
Posted April 3rd, 2012 at 12:10 pm (UTC-5)
The head of the International Monetary Fund says the global economy is improving after a difficult time, but remains fragile. In a Tuesday speech to journalists in Washington, Christine Lagarde warned against complacency or insularity. She said Europe’s economy is showing some encouraging signs, but remains under strain, while the United States is seeing improved […]
California College Shooting Suspect ‘Upset’ over Expulsion
Posted April 3rd, 2012 at 12:00 pm (UTC-5)
Police in Oakland, California say a former student who killed seven people Monday at a Christian college attended mainly by Korean-Americans had been upset with the school’s administration for expelling him earlier in the year. Oakland Police Chief Howard Jordan told CNN Tuesday that the South Korean-born One L. Goh entered Oikos University looking to […]
James Murdoch Resigns Amid Probe Into British Phone Hacking Scandal
Posted April 3rd, 2012 at 11:40 am (UTC-5)
James Murdoch has resigned as chairman of British satellite pay TV group BSkyB, saying he did not want his association with a phone-hacking scandal to damage the company. In a letter to the BSkyB board, Murdoch says he resigned because of the negative publicity surrounding News Corp, a part owner of BSkyB. News Corp’s British […]
Hong Kong Tycoons Deny Wrongdoing
Posted April 3rd, 2012 at 10:35 am (UTC-5)
Two of Asia’s wealthiest tycoons say they are innocent of suspected bribery, after their arrests last week in Hong Kong as part of one of the city’s largest graft probes in decades. Billionaire brothers Raymond and Thomas Kwok spoke publicly Tuesday for the first time since their arrests March 29. They said they have done […]
UN Holds Urgent Talks on Mali Crisis
Posted April 3rd, 2012 at 10:15 am (UTC-5)
The United Nations Security Council is holding an emergency meeting on Mali Tuesday, as military coup leaders remain in power and West African nations levy diplomatic and financial sanctions on the country. Leaders from the Economic Community of West African States, or ECOWAS, decided Monday to close all borders between Mali and member states, and […]
US Offers $10 Million Bounty for 2008 Mumbai Terror Suspect
Posted April 3rd, 2012 at 9:35 am (UTC-5)
The United States is offering a bounty of up to $10 million for the Pakistani man accused of masterminding the deadly 2008 terrorist attacks in Mumbai. The State Department’s “Rewards for Justice” website on late Monday announced the reward for information leading to Hafiz Mohammad Saeed’s capture and conviction. The reward is the second highest […]
Burma Stages First Free-Market Currency Auction
Posted April 3rd, 2012 at 9:10 am (UTC-5)
Burma has staged its first foreign exchange auction under a new system that sets the kyat currency free from its previously fixed rate. The state-run New Light of Myanmar newspaper on Tuesday announced the managed float of the kyat, abandoning the peg of 8.5 kyat to the dollar. Markets determined the rate Tuesday at 818 […]
Red Cross Fights Disease in Vietnam
Posted April 3rd, 2012 at 8:25 am (UTC-5)
The Vietnam Red Cross has launched a public education campaign to fight the spread of hand, foot and mouth disease in Vietnam. The organization issued an emergency appeal Tuesday for nearly $1 million in international donations to help fund a campaign aimed at more than 750,000 people in 13 provinces. The Red Cross says there […]
UN Advance Team Due in Syria in 48 Hours
Posted April 3rd, 2012 at 7:55 am (UTC-5)
WEB: refugee map http://media.voanews.com/images/Gold-Syria-Turkey-Leb-Refugees-300.png, death map http://media.voanews.com/images/syriadeath300-march25.png;Annan plan factbox #2238304 TYPE: CN )) An advance U.N. team is due to arrive in Syria within 48 hours to discuss the deployment of peacekeepers in a bid to halt violence from the government’s year-long crackdown on dissent. A spokesman for U.N.-Arab League envoy Kofi Annan made the […]
