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NEWS FROM ASIAN ECONOMY

Over 150 prisoners escape after gunmen suspected to be MILF storm Philippines jail

A faction of the Moro Islamic Liberation Front is suspected of carrying out an assault on a prison in the southern Philippines on Wednesday January 3, 2017. More than 150 inmates of a southern Philippine...

Man jailed 5-years over Facebook post

An opposition leader in Cambodia, Sam Rainsy has been sentenced to 5-years in prison for a fake Facebook post. Rainsy who was sentenced in absentia is accused of posting a fake government pledge to dissolve...

Asia stocks plummet, yen soars as risk aversion grips markets

Asian stocks fell the most in more than four months and the Japanese yen jumped on Monday as risky assets took a hammering before key central bank meetings this week and while investors await...
North Korea in another attempt to launch intermediate-range ballistic missile

North Korea in another attempt to launch intermediate-range ballistic missile

A report on Tuesday in Seoul said North Korea appeared to be preparing a test-launch of an intermediate-range ballistic missile. It said this was coming after failure of the first attempt of what the U.S....
Saudi Arabia wants to do with IPO end to oil dependency

Saudi Arabia wants to do with IPO end to oil dependency

Saudi Arabia will rapidly from dependence on oil. This must be done, inter alia, with the partial scholarship bringing the state oil company Saudi Aramco, in financial terms, the largest company in the world....
North Korea fires submarine-launched missile

North Korea fires submarine-launched missile

North Korea fired a submarine-launched ballistic missile off its east coast on Saturday, South Korea said, amid concerns that the isolated state might conduct a nuclear test or a missile launch ahead of a...
Another earthquake hits southern Japan, Shinzo Abe cancels tour

Another earthquake hits southern Japan, Shinzo Abe cancels tour

Japan was hit with a second earthquake today,  in the same region already struggling to cope  with the effects the first quake and its after shocks. And the second quake even struck harder at 7.2-7.3. Japan’s...
Earthquake In Afghanistan As Indian Count Temple Blaze Victims

Earthquake In Afghanistan As India Count Temple Blaze Victims

Barely hours after a temple blaze left hundreds dead in India, a magnitude 6.6 earthquake has been felt across a number of major cities across south-west Asia. The earthquake struck in Afghanistan, close to...

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