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West Asia
Major news in Saudi Arabia on May 2
Top news in <Arab News>: Riyadh airport to triple capacity after expansion news@theasian.asia
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West Asia
Major news in Lebanon on May 2: Hariri slams Cabinet, urges workers to raise their voices
Top news in <Daily Star>: Hariri slams Cabinet, urges workers to raise their voices news@theasian.asia
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South Asia
Poppy Eradication In Afghanistan
KABUL — An Afghan policeman destroys an opium poppy field in Alingar, Laghman province, east of Kabul, Afghanistan, Monday, April 30, 2012. A bomb exploded next to the opium poppy fields during a poppy eradication campaign in Alingar, wounding two Afghan police reaction forces, police officials said. Afghanistan supplies most…
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Foreign buyers line up to purchase houses in Turkey
Wealthy people from the Middle East are lining up at the doors of real estate agents to buy houses in Turkey, Environment and Urban Development Minister Erdoğan Bayraktar said on Tuesday. As stated by the minister in Trabzon following a meeting on Sunday, rich buyers from countries such as Iran, the United Arab Emirates and Saudi Arabia have made down payments to contractors and…
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World
May Day Celebrations In Turkish Cities
ISTANBULㅡ Hundreds of thousands of people filled squares in Turkish cities on Tuesday to mark May 1, celebrated as Labor Day in Turkey and around the world. <Cihan> news@theasian.asia
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Politics
Incompetent!
Foreign ministry runs out of tricks to deal with big powers Does Korea have diplomacy it can call its own? If so, the next question would be what has the Ministry of Foreign Affairs and Trade been doing. Whenever a diplomatic row surfaces, it cites strategic ambiguity or quiet diplomacy,…
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‘Macquarie pursuing excessive gains’
NGOs call for probe of ‘unfair’ subway deal costing taxpayers A civic coalition called for a full-scale investigation Tuesday to clear suspicions surrounding Macquarie’s investment in 2005 in the construction of Subway Line 9. It says then-Seoul Mayor,Lee Myung-bak, who is now President, was behind the contract that they claim…
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Unhappy ending for all the king’s men
If Choi See-joong had ever wondered what his worst day as a public figure would feel like, he definitely found out Monday night. It was just months ago that the 75-year-old former journalist carried himself like one of the most powerful and influential men in Korea that he was. He…
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Business
Free fall slide
LG Chem, Kumho Petro tumble in stock market The local stock market has been highly volatile over the past few weeks amid lingering woes over the eurozone’s debt crisis and a slow recovery by major economies, including the United States. In this unstable market, domestic companies have shown quite contrasting…
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Business
Reinventing business model
SK chairman to maximize synergy among affiliates SK Group Chairman Chey Tae-won is stepping up efforts to reinvent the group by redesigning its business portfolio and creating synergy among affiliates under new business line-up. The group’s recent takeover of Hynix Semiconductor, now SK hynix, was the first step for the…
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