Lilongwe (Malawi):India has extended a line of credit of $50 million to the small land-locked African nation of Malawi which has invited Indian companies for investment in hydropower, farmlands and mining including uranium. As the first Indian leader to visit Malawi, a nation of 13.5 million sandwiched between Zambia and Mozambique, Vice President Mohammed Hamid [...]
New York: China’s UN Ambassador Zhang Yesui called Tuesday for more negotiations and diplomacy to resolve the dispute over Iran’s nuclear programme.
Zhang, speaking as president of the UN Security Council in January, said diplomatic efforts are underway to work out a settlement.
“This is not the right time for sanctions,” Zhang said in reply to reporters’ [...]
Hanoi: Vietnam protested a Chinese proposal to begin tourist visits to the disputed Spratly and Paracel Islands in the South China Sea, local media reported Tuesday.
The Chinese State Council announced the proposal Thursday as part of a plan for development of the tourism industry in the Chinese island province of Hainan.
Vietnamese government spokeswoman Nguyen Phuong [...]
Dhaka : Bangladesh’s telecom regulator has approved Indian firm Bharti Airtel’s $300 million initial investment proposal to buy a 70 percent stake in Warid, the fourth largest mobile company in the country.
“We have approved Bharti Airtel’s plan to buy the Warid stake,” Bangladesh Telecommunication Regulatory Commission (BTRC) chairman Zia Ahmed told The Daily Star newspaper.
Bharti [...]
Pyongyang: North Korea Friday called for an end to the hostile relationship between Pyongyang and Washington while reiterating it will pursue for a nuclear-free Korean Peninsula.
“The fundamental task for ensuring peace and stability on the Korean Peninsula and in the rest of Asia is to put an end to the hostile relationship between DPRK (North [...]
Beijing: A gas explosion Tuesday left at least four people injured and 1,000 homeless in Hohhot, capital of north China’s Inner Mongolia Autonomous Region, an official said.
Xinhua news agency reported that the injured included two children. A 47-year-old man was seriously injured and still in danger, said doctors of the 253 Hospital of Chinese People’s [...]
Mumbai: Japanese Prime Minister Yukio Hatoyama Monday interacted with the captains of the Indian corporate world at a closed door meeting here and discussed ways to enhance bilateral business relations.
According to official sources, the visiting dignitary discussed India-Japanese business relations and how they could be further strengthened in the future. The meeting was held at [...]
New Delhi : Hollywood studios seem hell bent on carving a niche in India. Despite collaborations like “Saawariya”, “Chandni Chowk To China” and “Roadside Romeo” biting the dust at the box office, US-based production houses are willing to invest in Bollywood projects because it will help them find a firm foothold here.
“We’ve recognised that the [...]
Beijing : Five coal mine executives were detained after 12 people died in an explosion in a mine in north China’s Shanxi province, authorities said Monday.
The accident occurred at 11.30 p.m. Sunday when 16 miners were working in a shaft in the Donggou Colliery Co. Ltd. in Jiexiu city, said a spokesman with the Shanxi [...]
Hong Kong : Chinese Premier Wen Jiabao Monday publicly chided Hong Kong leader Donald Tsang over “deep-rooted conflicts” in the city and told him to be more effective in tackling them.
The remarks, made during Tsang’s annual duty visit to Beijing, come as the Hong Kong government faces opposition as it tries to push through electoral [...]