North Korea envoy hands over China's Xi a note of peace

BEIJING - A senior North Korean envoy delivered a letter from his leader Kim Jong-un to Chinese President Xi Jinping and told him that Pyongyang was ready to take "positive action" to re-join stalled six-nation nuclear disarmament talks. The letter was handed over by envoy, Vice Marshal Choe Ryong-hae. Choe told Xi that North Korea is willing to take positive actions to solve problems ...

Myanmar visit to turn new page in history Japanese PM

Japanese Prime Minister Shinzo Abe said in a message published in Myanmar official media here Saturday that his current official visit to Myanmar will bring Japan-Myanmar cooperation to even higher level and serve as an opportunity to lay down a foundation for turning a new page in history. Abe said he will exchange views with President U Thein Sein in the forthcoming meeting, expected to take ...

PM to undertake five-day visit to Japan Thailand from Monday

Prime Minister Manmohan Singh will undertake a five-day official visit to Japan and Thailand from Monday. He will first visit Japan from May 27 to May 29 and then visit Thailand on May 30 to 31. The focus of the visit to Japan is expected to be on strategic content and ways to expand bilateral energy and economic ties, while the visit to Bangkok will be aimed at signing a long awaited ...

Move Over Japanese Yen Make Way For Chinas Yuan

By 2015 the Chinese currency, the renminbi (RMB), will be one of the three most traded currencies in the world, on par with the euro and the dollar, HSBC said on Friday. "The RMB is increasingly part of normal day-to-day business for anyone trading or investing in China," said Douglas Flint, chairman of HSBC Holdings at the Annual General Meeting in London yesterday. "Every ...

JX Nippon KUFPEC and Santos begin oil output in Australia

(MENAFN - Kuwait News Agency (KUNA)) JX Nippon Oil and Gas Exploration Corp., a unit of Japan's top refiner, said Friday it started commercial oil production from the Finucane South field, off Western Australia, on May 16. The project is jointly owned by a local unit of state-owned Kuwait Foreign Petroleum Exploration Company (KUFPEC) and Australian upstream group Santos. Production began ...