President Park Geun Hye, who became South Korea’s first woman leader by promising a more “creative economy,” begins her second year vowing to pursue the unprecedented prosperity she said will result from unification with North Korea amid flagging interest from many citizens more than six decades after the peninsula’s war.
South Korean President Park Geun Hye said her nation will seek to join the Trans-Pacific Partnership trade talks and wants progress toward a commercial deal with China this year, as an appreciating won threatens exports.
As Chinese President Xi Jinping promises the nation’s biggest market opening in two decades, the reality for some of the most successful foreign companies in the country is a raft of probes and laws that curb their operations.
The following is a reformatted version of President Barack Obama’s State of the Union address to the U.S. Congress, as prepared for delivery yesterday. The remarks were released in an e-mailed statement by the White House.
Asian Development Bank President Takehiko Nakao said he’s confident emerging Asian economies will weather the impact of reduced U.S. monetary stimulus, predicting growth of about 6 percent this year and next.