Sunday 26 October 2014
 
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Hyundai-led group agrees to $10bn land deal

Hyundai Motor and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion Korean won ($10.12 billion) for a trophy plot of land to house a new headqu

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100 missing after S.Korea ferry sinks

More than 100 people remained missing on Wednesday after a South Korean ferry with 477 people aboard capsized off the country's southwest coast, Yonhap news agency said. Yonhap and YTN television said 368 people had been rescu

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Dubai RTA inks deal with Seoul Metro

The Dubai Roads and Transport Authority (RTA) has inked a co-operation agreement with the Seoul Metropolitan Rapid Transit Corporation (SMRT) for exchanging expertise in various fields of the rail sector such as fares and ticketing system.

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Top Dubai neurosurgeon for Seoul summit

A Dubai-based eminent neurosurgeon has been selected to present papers on ground breaking surgical procedures at the ongoing World Congress of Neurosurgery 2013 in Seoul. Organised by the World Federation of Neurosurgical Societie

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Blair warns against Syria inaction

Inaction over Syria will have serious consequences for the Middle East and the whole world, former British Prime Minister Tony Blair has warned.   Blair made the comments yesterday during a major tour

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Hyundai Heavy sees $1.4 billion ships sale in Gulf

South Korea's Hyundai Heavy Industries is close to winning an order worth about $1.4 billion to build 10 huge container ships for the United Arab Shipping Company (UASC), a source close to the matter said. Under the deal, UASC

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Crude rallies after Israel hits Syrian targets

Crude futures rallied in Asia early on Monday due to geopolitical tensions in the oil-producing Middle East after Israel carried out a second air strike in Syria. The rally extended gains from better-than-expected job growth in th

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SKorea, North to hold joint industrial zone talks

South Korea said on Thursday it was proposing formal talks with North Korea to discuss restarting work at a joint factory zone located north of the rivals' heavily armed border that was suspended in early April amid growing security tensions

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US rejects NKorea demand for nuclear status

North Korea insisted on Tuesday that it be recognised as a nuclear weapons state, a demand the United States promptly dismissed as "neither realistic nor acceptable". After weeks of tension on the Korean peninsula, inclu

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NKorea demands recognition as nuclear state

North Korea demanded on Tuesday that it be recognised as a nuclear weapons state, rejecting a US condition that it agree to give up its nuclear arms programme before talks can begin. After weeks of tension on the Korean peninsula,

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