The Sun on Sunday debuts in controversy

February 27, 2012 12:05 pm· Comments Off on The Sun on Sunday debuts in controversy 

LONDON, Feb. 27 — Feb. 26 saw the debut of News Corporation's new Sunday edition of the Sun.

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Cargo handling at seaports up 3.8 percent in Jan.

February 27, 2012 12:05 pm· Comments Off on Cargo handling at seaports up 3.8 percent in Jan. 

SEOUL, Feb. 27 — The amount of cargo processed at South Korea's seaports gained 3.8 percent last month from a year earlier fueled by more cargo passing through the country, the government said on Monday.

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Ad spending in S. Korea hits all-time high last year

February 27, 2012 12:05 pm· Comments Off on Ad spending in S. Korea hits all-time high last year 

SEOUL, Feb. 27 — Advertising spending by South Korean companies reached a record high in 2011, led by ads in new media and newspapers, a local ad agency said Monday.

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ASEAN economic ministers meet in Myanmar to push for community building

February 27, 2012 12:05 pm· Comments Off on ASEAN economic ministers meet in Myanmar to push for community building 

YANGON, Feb. 27 — Economic ministers of the Association of Southeast Asian Nations (ASEAN) met informally in Myanmar's new capital of Nay Pyi Taw and touched on the issues related to ASEAN economic community, official media reported Monday.

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G20 predicts modest growth, continued downside risks

February 27, 2012 12:05 pm· Comments Off on G20 predicts modest growth, continued downside risks 

MEXICO CITY, Feb. 27 — Finance ministers and central bank governors of the Group of 20 (G20) nations expected modest growth this year as downside risks continues to threaten the global economy.

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S. Korean investment in China nears US$ 160M in Jan.

February 27, 2012 12:05 pm· Comments Off on S. Korean investment in China nears US$ 160M in Jan. 

By Kim Young-gyo

HONG KONG, Feb. 27 — South Korean companies invested almost US$ 160 million in China in January, emerging as the seventh-largest foreign investor in the country, government officials said on Monday.

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China's national pension fund invests heavily in private equity funds

February 27, 2012 12:05 pm· Comments Off on China's national pension fund invests heavily in private equity funds 

BEIJING, Feb 27 — China's national pension fund has invested heavily in private equity funds and sees a bright future in the sector, says Dai Xianglong, the chairman of the National Social Security Fund (NSSF).

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Indonesia ready to mass produce affordable national car

February 27, 2012 12:05 pm· Comments Off on Indonesia ready to mass produce affordable national car 

JAKARTA, Feb 27 — Solo Mayor Joko Widodo or popularly known as Jokowi stated that Indonesia is ready to mass produce an affordable "national" car as its prototype innovated by Solo vocational students, "Kiat Esemka," is now ready to undergo road-worthiness tests.

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China stock index futures open higher Monday

February 27, 2012 12:05 pm· Comments Off on China stock index futures open higher Monday 

BEIJING, Feb. 27 — China's stock index futures opened higher on Monday, with the contract for settlement in March, the most actively traded, up 6.2 points at 2,664.6 points.

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Global economy still faces great challenges: Geithner

February 27, 2012 12:05 pm· Comments Off on Global economy still faces great challenges: Geithner 

MEXICO CITY, Feb. 27 — Risks to the global economy have diminished since the Group of 20 (G20) met in Cannes, but there are still great economic challenges, U.S. Treasury Secretary Timothy Geithner warned on Sunday.

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