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S. Korea Dismisses Kim Jong Un’s Call for Reduced Tensions

Posted January 2nd, 2013 at 9:45 am (UTC-5)
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South Korea is dismissing a New Year’s Day speech by North Korean leader Kim Jong Un that called for reduced tensions with Seoul. Unification Minister Yu Woo-Ik said Wednesday that Mr. Kim’s speech was “bland” and contained no ground-breaking proposals. He said Seoul has good reason to question the young leader’s intentions. Mr. Kim Tuesday […]

South Korea Dismisses Kim Jong Un’s Call for Reduced Tensions

Posted January 2nd, 2013 at 9:35 am (UTC-5)
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South Korea has dismissed a New Year’s Day speech by North Korean leader Kim Jong Un calling for reduced tensions with Seoul. Unification Minister Yu Woo-Ik Wednesday called Mr. Kim’s speech “bland,” saying it contained no groundbreaking proposals. He said Seoul has good reason to question the young leader’s intentions. Mr. Kim Tuesday urged an […]

Global Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 6:25 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]

Global Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 6:00 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]

S.Korea Dismisses Kim Jong Un’s Call for Reduced Tensions

Posted January 2nd, 2013 at 3:35 am (UTC-5)
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South Korea is dismissing a New Year’s Day speech by North Korean leader Kim Jong Un that called for reduced tension between the two long-time rivals. Unification Minister Yu Woo-Ik said Wednesday that Mr. Kim’s speech was “bland” and contained “no ground-breaking proposal,” adding thatb Seoul had good reason to question the young leader’s intentions. […]

Asian Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 12:35 am (UTC-5)
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Asian markets are responding positively after the United States Congress passed a deal late Tuesday to end the so-called “fiscal cliff” crisis that threatened to plunge the world’s largest economy into recession. Hong Kong was up 1.9 percent, Seoul rose 1.4 percent, and Sydney saw a 1.26 percent gain in trading Wednesday, as the House […]

Thousands in Hong Kong Protest Against China-Backed Leader

Posted January 1st, 2013 at 7:50 am (UTC-5)
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Thousands of protesters in Hong Kong are calling for the city’s scandal-ridden chief executive to step down and demanding that China allow them to elect their own leaders. Police say about 17,000 protesters joined a New Year’s Day march through the city, holding signs and chanting slogans demanding the Beijing-backed chief executive Leung Chun-ying step […]

Tags: , , , Posted in East Asia Pacific

Gunmen Kill 7 in NW Pakistan

Posted January 1st, 2013 at 7:00 am (UTC-5)
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Police in northwestern Pakistan say gunmen have ambushed a vehicle carrying aid workers, killing seven people. Authorities said the victims in the attack Tuesday were Pakistani citizens and included at least five female teachers. The shooting happened in Swabi, about 75 kilometers northwest of Islamabad. The driver of the vehicle was also wounded in the […]

Tags: , Posted in South Asia

In New Year’s Speech, Burma’s President Vows More Transparent Communication

Posted January 1st, 2013 at 5:50 am (UTC-5)
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Burmese President Thein Sein has vowed to do a better job of communicating with the nation, as he delivered his first ever New Year’s speech on Tuesday. In a five-minute radio address, the reformist leader promised a new campaign of more direct, transparent communication with the people, saying mutual trust was key to the country’s […]

Tags: , Posted in East Asia Pacific

New Year’s Celebrations Unfold Around the World

Posted January 1st, 2013 at 1:35 am (UTC-5)
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Burma’s largest city, Rangoon, staged a large New Year’s Eve party for the first time, as the country emerges from a decades-long military dictatorship that typically banned large public gatherings. In the southern Philippines, the festive mood was overshadowed by the devastation from a typhoon that killed more than 1,000 people in early December. And […]

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