South Korea's industrial output rose 2.6% in February 2015 from a month earlier, boosted by demand over the Lunar New Year holiday, with production in the automobile and semiconductor sectors leading the way

South Korea industrial output up 2.6 percent in February

AFP News South Korea's industrial output rose 2.6 percent in February from a month earlier, boosted by demand over the Lunar New Year holiday, government data showed on Tuesday. Production in the automobile and semiconductor sectors led the growth figure, which followed a steep decline of 3.7 percent in January's industrial output. South Korea's central bank announced a surprise 25 basis point i…

  • Solar Impulse 2 pilots Andre Borschberg (L) and Bertrand Piccard wave to the media after landing in Chongqing airport at 1:35 am (17:35 GMT Monday) after a 20-and-a-half hour flight from Myanmar, on March 31, 2015

    Solar Impulse 2 landed early Tuesday in China, the world's biggest carbon emitter, completing the fifth leg of its landmark global circumnavigation powered solely by the sun. With pilot Bertrand Piccard at the controls, the revolutionary plane landed in Chongqing airport at 1:35 am (1735 GMT Monday) after a 20-and-a-half …

  • SGX’s 20 largest stocks averaged 12.0% return over the past year

    In line with the STI which has generated a 9.1% price gain over the period while maintaining a 3.2% dividend yield, Singapore’s 20 largest capitalised stocks that are actively traded have averaged a 12.0% return over the past 12 months. According to SGX, the 20 largest stocks that are actively traded on SGX have a combined …

  • A member of the Iranian media walks on a chess board at the Beau Rivage Palace Hotel on March 30, 2015 in Lausanne, where marathon talks aimed at stopping Iran from getting nuclear weapons have reach the finish line

    Marathon talks aimed at stopping Iran from getting nuclear weapons reach the finish line Tuesday as global powers scramble to clear the final hurdles hours before a midnight deadline for a framework deal. After 18 months of tortuous talks, foreign ministers from Iran, the US, China, Russia, Britain, France and Germany …

  • Thailand’s tourism sector to get boost from martial law lift

    Preliminary data from the Finance Ministry indicates that tourist arrivals grew close to 30% (YoY) in February. This is definitely encouraging news, given that the tourism sector contributes almost 10% of the country’s GDP. As of January, tourism arrival is about 40% higher than the recent low in June-2014 while hotel …

  • Ascendas REIT acquires the Kendall for $112m

    Ascendas REIT has acquired the Kendall in Singapore Science Park for $112m. The Kendall is a 6-storey multi-tenanted building located within the Singapore Science Park II, and can be easily accessed via Pasir Panjang Road and the Haw Par Villa Circle Line Station. According to OCBC, the initial NPI yield of this property …

  • Malaysian government has been condemned at home and abroad for arresting scores of opposition politicians, academics, and activists over the past year on sedition and other charges

    The editors for The Malaysian Insider were arrested late Monday on suspicion of sedition and spent the night in jail, the website said. They were arrested over a report last week that said Muslim-majority Malaysia's nine state sultans had rejected an opposition party's proposal to amend federal law to allow tough sharia …

  • Hundreds of fake money bags representing the donations of companies in election campaigns were distributed in front of the National Congress in Brasilia on March 24, 2015

    Twelve years after surging to power in Brazil, the Workers' Party (PT) is at a crossroads, struggling to deal with a tanking economy and a ballooning graft scandal that has implicated members and close allies. Party co-founder Luiz Inacio Lula da Silva, a former union leader, scored a historic poll win in October 2002, …

  • Uganda last week vowed to boost security over threats by Somalia's Al-Qaeda-affiliated Shebab militants

    Uganda's lead prosecutor in the ongoing trial of 13 men accused of participating in 2010 Al-Shebab bombings that killed 76 people was shot dead Monday, police said. Joan Kagezi, acting assistant director of public prosecution, was murdered by men on a motorbike as she drove home in a suburb of the capital, Kampala police …

  • A UN field office is expected to open in Seoul sometime in the first half of 2015

    North Korea has threatened "merciless punishment" against South Korea if it goes ahead with plans to open a UN field office in Seoul for monitoring the North's human rights record. The Committee for Peaceful Reunification of Korea (CPRK), a state body handling inter-Korean affairs, said late Monday that the office was …

  • An international Red Cross worker was killed and a local colleague injured when the aid truck they were driving was attacked in northern Mali on Monday, the organisation said in a statement

    An international Red Cross worker was killed and a local colleague wounded when the aid truck they were driving came under fire in northern Mali on Monday, in an attack claimed by the MUJAO jihadist group. The International Committee of the Red Cross said it was "profoundly dismayed by the death of one of its staff in …

  • Australia's Adam Voges bats during the 2013 ICC Champions Trophy match against Sri Lanka in London on June 17, 2013

    Legspinner Fawad Ahmed, batsman Adam Voges and wicketkeeper Peter Nevill were all called up by Australia Tuesday for upcoming tours of the West Indies and England. Joe Burns was also overlooked, despite scoring two half-centuries in Australia's last Test, against India in January. Paceman James Pattinson missed out with …

  • GBP/USD Technical Analysis: Range Bottom Back in Play

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  • German co-pilot was once treated for suicidal tendencies

    How could someone once diagnosed with suicidal tendencies get a job as a commercial pilot, entrusted with the lives of hundreds of people? That's the question being asked after officials confirmed Monday ...

  • A policeman stands guard in Boschetti Street in Gibraltar where four Britons were found dead on March 30, 2015

    Police in Gibraltar are investigating the death of a family of four, including a six-week-old baby girl and her four-year-old sister, who were found dead on Monday in a flat in the tiny British territory. "It is believed that all the deceased belong to the same family," a spokesman for the Royal Gibraltar Police said. …

 

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