South Korean President Park Geun-hye said Monday that the country's coast guard will be disbanded on its failure to appropriately respond to the ferry sinking disaster.
South Korean President Park Geun-hye made an official apology once again for one of the country's deadliest maritime disaster on Monday, vowing a reform in officialdom and safety response system.
South Korean President Park Geun-hye made an official apology once again for one of the country's deadliest maritime disaster on Monday, vowing a reform in officialdom and safety response system.
Authorities in Indian-controlled Kashmir Thursday finalized arrangements and security measures in and around the counting centres ahead of counting of votes for India's 16th general elections in the restive region.
Chinese President Xi Jinping and his Russian counterpart Vladimir Putin will make a "substantial" statement during Putin's visit, a senior Chinese diplomat said on Thursday.
Italian Prime Minister Matteo Renzi on Tuesday pledged his government's full support for the Expo Milano 2015 following a string of corruption arrests related to the world exposition.
Australia's conservative coalition government on Tuesday delivered a tough 2014-15 budget, highlighted by spending cuts, tax increases and substantial public sector job losses.
On the eve of the most anticipated federal budget for many years, opposition here is coalescing around Australian Treasurer Joe Hockey's promise of deep and lasting cuts to a health system that experts say will hurt the most disadvantaged.
Australia has woken to the toughest fiscal tightening in a generation with controversy over broken political promises overshadowed by the determination of the Coalition Government to reel in the national deficit.
PetroChina, China's top oil and gas producer, announced on Monday it will use part of its pipeline business to form a new company, which will then be sold as part of its mixed-ownership drive.
Thailand's newly installed caretaker Prime Minister Niwatthamrong Bunsongphaisan on Monday insisted that holding a general election to form a new government is the only way out of the prolonged political crisis.
The United States on Sunday rejected the referendums being held in two regions of eastern Ukraine over their future status, saying it would not recognize the results.
China's central bank is looking to negotiable certificates of deposit (NCDs) as calls for a fully liberalized interest rate grow.
South Korea planned to frontload 7.8 trillion won (7.6 billion U.S. dollars) in the second quarter as signs of the weakening private consumption were detected following the deadly ferry sinking disaster.
China's banks are faced with increasing risks born out of shadow banking, local government debt, bad loans in industries with overcapacity, and looming house price declines, an economist warned on Thursday.
China's cabinet, the State Council, on Tuesday has approved restructuring of an inter-ministerial conference on fake medicines.
The People's Bank of China (PBoC), the central bank, vowed to maintain continuity and stability of its monetary policy in a report released on Tuesday.
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