North Korea fired its fifth short-range missile in three days. South Korea's Defense Ministry said a missile had been fired on Monday morning.» Read More
SEOUL, April 25- South Korea's economy grew a seasonally adjusted 0.9 percent in the January-March period from the previous quarter, the central bank estimated on Thursday, the fastest in two years and far above market expectations.
YANGON, April 25- Introduced a decade and a half ago under Myanmar's former military rulers, SIM cards sold for as much as $7,000 apiece.
WASHINGTON, April 24- The United States will put into circulation a newly designed $100 bill in October that aims to thwart counterfeiters with advanced security features, the Federal Reserve said on Wednesday. The $100 note is the most frequently counterfeited denomination of U.S. currency outside the United States, due to its broad circulation overseas.
*Germany struggles to overcome late 2012 contraction. It came a day after a preliminary purchasing managers' survey showed Germany's private sector contracted in April, bolstering the case for the European Central Bank to cut interest rates at its meeting next week.
South Korea's top economic policymakers, once anxious over the potential damage to their economy from Japan's massive monetary expansion and challenge raised by a cheap yen, have grown more sanguine.
SEOUL, April 22- South Korea's top economic policymakers, once anxious over the potential damage to their export-reliant economy from Japan's massive monetary expansion and the competitive challenge raised by a cheap yen, have grown more sanguine as their fears fail to materialise.
WATERTOWN- One suspect in the Boston Marathon bombing was killed during a shootout with police and a massive manhunt was underway for the second suspect in the Boston suburb of Watertown, officials said on Friday.
WASHINGTON- The FBI arrested a Mississippi man on Wednesday in connection with letters sent to President Barack Obama and two other officials that are believed to have contained the deadly poison ricin, the U.S. Justice Department said.
Li Zhaoxing, former Chinese foreign minister, turns the tables on CNBC's Geoff Cutmore and asks him what CNBC's position is on tensions on the Korean peninsula.
BEIJING, April 18- China said on Thursday that talks are the only correct way to fix tensions on the Korean peninsula, after North Korea demanded an end to U.N. sanctions against it and a U.S. pledge not to engage in "nuclear war practice" as conditions for dialogue. Chinese Foreign Ministry spokeswoman Hua Chunying made the comment at a daily news briefing.
FRANKFURT, April 18- While the world's leading central banks work with new tools to fix their flagging economies, those in many developing countries are still using old-fashioned interest rates to try to contain price rises.
The new rules come as some experts cite China as the world's biggest source of' dirty' funds and as it faces growing foreign pressure to scrutinise its financial links with North Korea and block cash transfers tied to Pyongyang's nuclear ambitions.
PAJU, South Korea, April 17- An electricity cable running from South Korea over the border into North Korea is one of last lifelines for more than 200 South Korean workers at a joint industrial park that North Korea has shut down amid fears of war.
*Spot gold touches low as $1,321.35 an ounce. LONDON, April 16- Gold rose more than 3 percent on Tuesday after physical buyers of bullion grabbed the chance offered by the previous session's record-breaking one-day drop, but investors expected more falls.
*Spot gold touchess low as $1,321.35 an ounce. LONDON, April 16- Gold rose 2.6 percent on Tuesday as the market tried to find its feet after the previous session's record-breaking daily loss, but even as physical buyers seized on the lower prices investors feared more falls.
SEOUL- North Korea issued new threats against South Korea on Tuesday, vowing "sledge-hammer blows" of retaliation if South Korea did not apologise for anti-North Korean protests the previous day when the North was celebrating the birth of its founding leader.
SEJONG, South Korea, April 16- South Korea's new government unveiled 5.3 trillion won in stimulus spending plans on Tuesday to help its economy cope with risks involving North Korea's provocations and Japan's monetary easing initiative.
SEJONG, South Korea, April 16- South Korea's new government unveiled 5.3 trillion won in stimulus spending plans on Tuesday to generate jobs, support small business and bolster property prices hit by slow economic growth as well as fierce competitive pressure from the sliding yen.
Richard Tanter, Professor in the School of Political and Social Studies at the University of Melbourne, says North Korea's provocative approach is hindering the process of negotiating peace in the region.
TOKYO, April 15- Commodity-linked currencies were pummelled on Monday after data showed Chinese growth unexpectedly faltered in the first quarter, while the yen firmed after the United States said it would watch Japan's policies to ensure it was not manipulating its currency.