Asia Pacific Topics

Apr 27, 2015

China to merge scores of major state firms: report

China is considering merging scores of its biggest state-owned enterprises to create around 40 national champions from the existing 112, Xinhua, the nation’s official news agency, said Monday. The report said state firms would be merged or acquired, but gave no timelines or details ...

Apr 23, 2015

Philippines chides China's 'insecurity' over disputed sea

The Philippines on Wednesday chided China for its “insecurity” over its claim to the South China Sea, after a Beijing-based tabloid dubbed the country a “cute little submissive” of the United States. The response from President Benigno Aquino’s spokesman Edwin Lacierda came after the ...

Bribery allegations snare South Korean leader's circle

Apr 15, 2015

Bribery allegations snare South Korean leader's circle

South Korean President Park Geun-hye faced charges Wednesday that members of her administration received bribes from a businessman found dead in an apparent suicide last week. A Seoul prosecution official said that an investigation team has been formed to look into suspicions that Prime ...