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Can Korea withstand impact of ‘perfect storm’?
Can Korea withstand the impact of a “perfect storm” ― a swooning toxic Europe, a faltering U.S. recovery and a slowing China? Policymakers are trying to be reassuring, pointing to their huge foreign currency war chest and protections against massive capital outflow Others cite an ever-growing trade dependency, vulnerability of…
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East Asia
Tomato processors eye emerging markets amid economic downturn
BEIJING, June 10 (Xinhua) — Tomato processors from around the world gathered in Beijing on Sunday for the 10th World Processing Tomato Congress, turning their eyes toward emerging markets, like China, to cope with the current economic downturn. The congress was held in Beijing for the fist time, which shows…
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East Asia
Major news in Japan on Jun 11:Local nuclear safety commission says Oi reactors safe to operate
Top news in <Kyodo News>: Local nuclear safety commission says Oi reactors safe to operate FUKUI, Japan, June 10, Kyodo., A local nuclear safety commission on Sunday effectively approved the restart of two idled reactors at the Oi nuclear plant in Fukui Prefecture by endorsing a report prepared by…
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Culture
People Enjoy “Tomatina” In Colombia
People participate in the sixth annual tomato fight festival called “tomatina” in Sutamarchan, some 71 miles northeast of Bogota, Colombia, Sunday, June 10, 2012. <AP/NEWSis> news@theasian.asia
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East Asia
Major news in China on June 11: Torrential rains cause 5 dead, 2 missing in south China
Top news in <CNTV>: Torrential rains cause 5 dead, 2 missing in south China BEIJING, June 10 (Xinhua) — Torrential rains have wrecked China’s southern regions over the past weekend, causing five dead and two missing, the national flood and drought prevention office said here Sunday. Torrential rains have wrecked…
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IT-Science
Competition To Solve Cube Puzzle Held In Seattle
Kevin Hays, right, of Renton Wash., uses a computer console to solve the Groovik’s Cube, an electronic 15-foot Rubik’s Cube puzzle, Sunday, June 10, 2012, at the Pacific Science Center in Seattle. Hays was one of a team of three people who each controlled certain sides of the cube and…
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South Asia
Major news in Pakistan on June 11: PM urges CJ to consider Musa Gilani his own son
Top news in <Dawn> : PM urges CJ to consider Musa Gilani his own son LAHORE: The Pakistani premier has said that if the Chief Justice cannot hear the case against his own son due to legal barriers, he should take up the case against the PM’s son Ali Musa…
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South East Asia
Major news in Indonesia on Jun 11: Ex-RI`s richest tycoon Liem Sioe Liong passes away
Top news in <Jakarta Post>: Ex-RI`s richest tycoon Liem Sioe Liong passes away The Jakarta Post, Jakarta | Sun, 06/10/2012 4:52 PM Former Indonesian richest tycoon Lim Sioe Liong, or widely known as Soedono Salim, the founder of the Salim Group of Indonesia and one of the key business figures…
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Society
Missing Koreans presumed dead in chopper crash: officials
Eight Koreans who went missing after their helicopter crashed into a mountain in Peru last week are presumed to have been killed, officials said Saturday. The Peruvian military and police conducted an aerial search and discovered the wreckage of the helicopter at about 4,950 meters above sea level near Coline…
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Politics
Lee Hae-chan elected new chairman of main opposition party
Former Prime Minister Lee Hae-chan was elected new chairman of the main opposition Democratic United Party (DUP) in its national convention on Saturday. In the DUP leadership election held at the KINTEX convention center in Goyang, north of Seoul, Lee defeated his archrival Rep. Kim Han-gil and six other contenders.…
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