Dec 21, 2016

China tightens financial oversight on military after scandals

China’s military will tighten financial oversight with revised auditing rules coming into effect from Jan. 1, meaning all the armed force’s financial dealings will have to be audited, the Defense Ministry said on Wednesday after several scandals. As head of the 2.3 million-strong armed ...

Supporters of impeached South Korean leader clash with protesters

Dec 17, 2016

Supporters of impeached South Korean leader clash with protesters

Supporters of impeached South Korean President Park Geun-hye clashed with anti-Park protesters Saturday, as large crowds of demonstrators again gathered in Seoul to demand the scandal-ridden leader’s immediate ouster. The historically large weekend protests over an explosive corruption scandal pushed South Korea’s opposition-controlled parliament ...

Dec 14, 2016

South Korea's youth unemployment rate rises to record high

South Korea’s youth unemployment rate rose to a record high in November, following political protests that paralyzed the government and led parliament to vote to impeach the president. The unadjusted jobless rate for people aged 25 to 29 rose to 8.2 percent in November, ...