At least two South Korean soldiers have been killed and 14 others are injured in the North's shelling, according to South Korean media reports. The ministry of defense in Seoul is yet to confirm the reports and causalities on the other side remain unknown. Tensions are escalating in the region as fighter jets have been deployed on the South Korean side of the border for retaliatory action.
United States' top envoy on North Korea, on Monday, stated that the evidence of a new North Korean nuclear plant was provocative. But, he also toned down the fears that the region was on the brink of a nuclear crisis.
Coordination on exiting the Aghanistan war, a missile shield system over Europe to protect against Iranian threats, and forging closer ties with Russia will be on the agenda for the NATO summit in Portugal over the next two days.
On the sidelines of the G-20 Summit in Seoul, city mayor Oh Se-hoon, in an interview with IB Times speaks about his agenda for the city’s future, the recognition received by the Seoul Metropolitan Government for carrying out public participation in governance successfully and more.
ASEAN countries are seeking foreign direct investments -- especially those from OECD countries -- to power their economic growth.
The United Nations has delayed the shift to international accounting standards to 2012 though it was supposed to have started in 2010 while the UN secretariat said it would implement it from 2014.
Global tourism has returned to pre-crisis levels thanks to faster recovery in the Asia-Pacific, Middle East and Africa regions, the UN World Tourism Organization (UNWTO) said in a report.
Five hundred million of a total of 1.4 billion smartphone users will be using mobile health applications in 2015, a report said. Both healthcare providers and consumers are embracing smartphones as a means for improving healthcare.
Nigeria could report Iran to the UN Security Council on illegal arms shipment, if any sanctions were breached. Speaking to reporters in the capital Abuja, Nigerian foreign minister stated that the consignment originated from Iran, a detail also confirmed by the Iranian government. Iran is forbidden from exporting any weapons from its territory. However, Nigeria is yet to notify the UN on the incident.
Aid to developing nations is not a major issue at the G-20 Summit, but at least one NGO says it should be.
As Palestine marks the death anniversary of former PLO chairman Yasser Arafat, his legacy is seen fading, while the Palestinian cause is sorely missing the leadership he offered.
Foreign Direct Investment (FDI) in China spiked up for 13th straight month in August, despite complaints from the US and European companies over alleged unfair business environment and the Chinese government's favors for domestic firms.
