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Politics
Korea, Japan fail to narrow differences in trade talks
Geneva: South Korea and Japan failed to narrow their differences in a second round of talks Tuesday aimed at resolving their dispute over Tokyo’s export restrictions, Seoul’s chief negotiator said. The six-hour-long meeting was arranged as part of a dispute settlement process under rules of the World Trade Organization. South…
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Politics
Kuwait emir urges new prime minister to crack down on corruption
Kuwait: Kuwait’s Emir Shaikh Sabah Al Ahmad Al Jaber Al Sabah has urged the newly-appointed Prime Minister, Shaikh Sabah Khalid Al Hamad Al Sabah to crack down on corruption. “We have given you responsibility … a big responsibility … fight corruption and the corrupt … Inshallah Allah the Almighty help…
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Politics
2 South Koreans seized by Houthi rebels in Red Sea
Seoul: Houthi rebels in Yemen seized three boats carrying two South Koreans and 14 others in the Red Sea this week, and all of them have been confirmed to be safe, Seoul’s foreign ministry said Tuesday. The Iran-linked militia captured them and the three vessels — two tugboats and a…
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Politics
Moon vows to maintain security cooperation with Japan despite looming GSOMIA expiry
Seoul: President Moon Jae-in said Tuesday his government will try “till the last moment” to avoid the termination of an accord with Japan on exchanging military information but he made clear that depends on Tokyo’s stance on its export restriction against Seoul. Although the agreement, known as GSOMIA, is scheduled…
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Politics
South Korea, U.S. abruptly cut short defense cost-sharing talks
Seoul: South Korea and the United States abruptly cut short their defense cost-sharing talks Tuesday, with the U.S. chief negotiator accusing Seoul of making proposals falling short of a “fair and equitable burden sharing.” The abrupt ending underlined wide differences between the two sides after Washington’s reported demand for a…
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Politics
Kuwait emir pledges zero tolerance towards corruption, deplores media spat
By Habib Toumi Kuwait: Kuwait’s Emir has pledged that no-one regardless of their status will evade punishment related to public funds crimes and stressed that the issue was under his personal attention. “We reaffirm our relentless keenness on preserving public funds, and our commitment to protecting them, and affirm that…
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South Asia
Pakistan conducts ‘Training Launch’ of Ballistic Missile
By Nasir Aijaz AsiaN Representative Islamabad: Pakistan successfully conducted the “training launch” of Surface-to-Surface Ballistic Missile (SSBM) named ‘Shaheen-1’, Director General Inter Services Public Relations (ISPR) Major General Asif Ghafoor said on Monday. The head of the military’s media wing, in a tweet, said that the missile is “capable of…
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Politics
Kuwait designated premier declines post amid rare public feud
By Habib Toumi Kuwait: Kuwait’s caretaker prime minister has turned down a proposal by the Emir to be reappointed and to form a new government. Shaikh Jaber Al Mubarak said in a statement on Monday that although it was an honor to serve the country, he felt sorry “over not…
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South Asia
Italy to invest 40 million euros for youth development across Pakistan
By Nasir Aijaz AsiaN Representative Islamabad: Italian Ambassador to Pakistan Stefano Pontecorvo said that the Italian government plans investing 40 million euros in Pakistan for the development of youth across the country. The ambassador was speaking at the inauguration ceremony in relation to a week-long Program for Poverty Reduction (PPR)…
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Business
Airlines to cut fuel surcharges on international routes in December
Seoul: South Korean airlines will lower their fuel surcharges on international routes in December to mirror a fall in jet fuel prices, industry sources said Monday. The surcharges for one-way tickets on long-haul international routes will be capped at 37,700 won ($32.40) next month, down one notch from November. If…
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