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China, Japan, S. Korea Agree On Trade Pact Talks

Chinese Premier Wen Jiabao called on northeast Asia's powers to cooperate more in the face of global economic headwinds, as China, Japan and South Korea agreed at a summit on Sunday to soon launch negotiations on a three-way free trade pact.
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Buddhist Monks' Smoking, Drinking And Gambling Scandal Sweeps South Korea

Six Buddhist monks were caught smack in the middle of a controversy, after a video showing the leaders performing illegal activities was aired on television networks, days ahead of a South Korea's religious holiday that marks the birth of Buddha.The controversial clip exposed the senior monks drinking, smoking and gambling with thousands in cash at stake involved. The incident, which reportedly happened in a luxury hotel room late April, was taped in secret and was released to the media a...
LNG tanker

Singapore's Temasek Investing $468M in US LNG Venture

Temasek Holdings Pte. Ltd., the Singaporean sovereign-investment vehicle and RRJ Capital, a private equity fund run by former Temasek executive Richard Ong, will jointly invest about $468 million in Houston's Cheniere Energy Incorporated (Nyseamex: LNG), as Singapore pursues its goal of becoming an Asian hub for liquid natural gas (LNG).
Clintoon and Gandhi

Clinton Pushes India To Cut Iran Oil Imports

The U.S. is pushing India to cut its imports of Iranian oil. But even as Secretary of State Hillary Clinton arrived in Kolkata on Sunday to discuss the issue along with U.S.-India economic ties, a larger Iranian delegation was simultaneously traveling through New Delhi.
Samsung Galaxy S3: Did We Get What We Thought? From Rumored To Real Features (A Complete Run Down)

Samsung Galaxy S3 Features: Did We Get What We Expected?

Samsung has finally launched its flagship Galaxy S3 phone. The official commercial of the phone is also out, which shows that the phone is made for the humans, giving a direct hint towards the natural interaction features that the company has provided in the phone.
Asean+3, South Korean Finance Minister Bahk Jae-wan

Asian Nations Double Financial Safety Net To $240B

Asia is doubling the size of its foreign currency reserve safety net to $240 billion, finance ministers and central bank officials announced Thursday following a 13-nation meeting in Manila. The reserve funds a multilateral currency swap agreement aimed at protecting Asian markets from global economic crises.
How U.S. trying to wean China off Iranian oil

India Bows To US Pressure, Will Cut Iranian Oil Imports

In a major victory for the US-EU led sanctions on Iran, the Indian government has asked top two importers of Iranian crude to cut their imports by at least 15 percent this year, the Wall Street Journal WSJ reported, quoting industry sources.

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