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S.Korean economy concentrates on large corporations

Samsung Electronics generated 26 percent of total South Korean corporate profits last year, boosting worries about the economy's excessive dependence on a single company.

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Myanmar water transport to reform service with commercial ways

The Myanmar inland water transport authorities have called for carrying out reform of its business services by running under joint venture with the private sector, according to the Ministry of Transport Thursday.

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India, Pakistan troops violate cease-fire on Kashmir LoC

​The troops of India and Pakistan Wednesday violated cease-fire agreement on the Line of Control (LoC) in Kashmir, officials said.

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SingPost boosts investment in e-commerce logistics, enhances services

Singapore Post announced enhancements to its online service and self-service parcel stations on Wednesday, one day after it unveiled plans to build a modern e-commerce logistics hub.

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Tokyo stocks hit 4.5-month low on dollar's drop

​Tokyo stocks opened sharply lower on early Thursday morning, with its benchmark Nikkei stocks index hitting a 4.5-month low on the dollar's depreciation in New York overnight.

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Australians richest people in the world

Australians are the richest people in the world thanks to high property prices, according to a study released on Wednesday by investment bank Credit Suisse.

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S.Korea, DPRK holding military talks--media

​South Korea and the Democratic People's Republic of Korea (DPRK) on Wednesday are holding military talks at the truce village of Panmunjom, local broadcaster YTN reported.

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Japanese mobile operator tests new technology to boost connectivity

Japan's leading mobile phone operator NTT DOCOMO, INC. announced Tuesday that it has succeeded in testing a new technology that facilitates connectivity to its service even when communications traffic is heavy.

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S. Korea posts trade surplus for 32 months

​South Korea posted a trade surplus for 32 months in a row due to solid export growth, customs data showed Wednesday.

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1st LD Writethru: S. Korea cuts policy rate to record low

​South Korea's central bank on Wednesday lowered its policy rate from 2.25 percent to 2 percent, marking the record low and the identical rate maintained during the global financial crisis.

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Cyclone death toll rises to 24 in India

Cyclone death toll rises to 24 in India

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Thai farmers grow rice for life

Most Thai rice farmers are used to producing rice for a living on a permanent basis and cannot turn to doing any occupation other than the rice-growing business, said a leading farmer on Monday.

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Huaneng Power International buys interests from connected firms

China's electricity generator Huaneng Power International Inc. (HPIC) will pay an aggregate 9.3 billion yuan (about 1.5 billion U.S. dollars) to its parent and connected companies to buy interests of ten power plants, the company said Tuesday.

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Asian Development Bank pledges more aid to Vietnam: central bank

​The Asian Development Bank (ADB) pledged to sponsor 11 projects and programs in Vietnam in 2014, with total capital of 1.363 billion U.S. dollars, said the State Bank of Vietnam (SBV).

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Laos to generate 15,000 mln kWh in 2015

The Lao government aims to generate 15,000 million kWh of electricity in 2015 in a bid to reduce dependence on imports, official Lao news agency KPL reported on Tuesday.

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Indian stocks plunged over 150 points in trade

​Indian stocks plunged as much as 150 points in trade on Monday, led by losses in ITC, ICICI Bank, L& T and Tata Motors Ltd.

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China, Russia sign deals on energy, high-speed railways

MOSCOW, Oct. 13 (Xinhua) -- China and Russia on Monday inked a host of cooperation deals ranging from finance and investment to energy and high-speed railways.