Category Archives: asia

Cheap Chinese goods seen as double-edged sword for Korean economy

Cheap Chinese goods

Cheap Chinese goods are flooding into Korea amid the growing presence of Chinese e-commerce platforms, creating both favorable and unfavorable circumstances for the Korean economy as it tries to lessen reliance on China, according to scholars and consumer groups, Friday.

Terror act on Chinese nationals condemned

Terror act on Chinese nationals

People from all walks of life in Pakistan have strongly condemned the terrorist attack that killed five Chinese nationals and one Pakistani, saying the country will take all necessary measures to hunt down the perpetrators of the heinous act.

PPP proposes relocating Nat’l Assembly hoping to boost waning support

National Assembly

The ruling People Power Party’s (PPP) abrupt proposal to relocate the National Assembly from Seoul to the adminstrative town of Sejong has been met with skepticism by observers, who view it as a move to salvage the party’s falling approval ratings with an attention-grabbing yet hardly-feasible agenda.

Nation firm on closer ties with financial institutions

international financial institutions

Beijing reaffirmed its commitment to forging closer partnerships with international financial institutions as leaders of the central government hosted top officials from the World Bank, the International Monetary Fund and the Asian Development Bank on Monday.

Collapse of emergency medical system looms large

emergency medical system

Concerns over the collapse of the emergency medical system are intensifying as professors at medical schools nationwide have decided to submit their resignations from their respective universities after March 25.

Turkish Firm, Holdenc Oil Diesel, Explores Investment in Afghanistan’s Lead and Gold Mines

Investment in Afghanistan

Sheikh Shahabuddin Delawar, the Acting Minister of Mines and Petroleum, held a meeting with Ali Wahid Atechi, a representative from Turkey’s Holdenc Oil Diesel Company. The company has shown interest in investing in Afghanistan’s mineral resources.

In Mongolia, a Killer Winter Is Ravaging Herds and a Way of Life

Killer Winter

Mongolia’s nomadic herders are facing a savage “dzud” winter, with more than 2 million livestock frozen to death so far. Scientists say this lethal phenomenon — extreme cold and heavy snow following summer drought — is occurring more frequently and is linked to climate change.

NK may stage provocations during combined exercise, defense minister warns

combined military exercise

North Korea might stage provocations during the annual Freedom Shield combined military exercise between South Korea and the United States, Seoul’s defense minister said, Monday.