Vietnam considers US.7 billion high-speed railway

HANOI: Vietnam is considering building a high speed railway that runs along the country’s duration with a possible sale price of up to US$58. 7 billion, the government said on Sunday (Aug 14). The Southeast Oriental country’s transport ministry will next month publish a proposal to build the 1, 545kmContinue Reading

Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, dies at 62

MUMBAI:   Stock investor Rakesh Jhunjhunwala, called “India’s Warren Buffett” with an estimated internet worth of US$6 billion, died early on Sunday (Aug 14) at age 62, their family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks whilst in college andContinue Reading

North Korea criticises UN chief’s support for the North’s denuclearisation

SEOUL: North Korea’s foreign ministry on Sunday (Aug 14) rebuked the United Nations Secretary-General’s recent comment on his support for the North’s complete denuclearisation, calling the remarks be short of impartiality and fairness. Northern Korea’s state reports agency KCNA discharged a statement from the foreign ministry after UN chief AntonioContinue Reading

Four dead in China flash flood

BEIJING:   Four people were killed and 9 others injured in a flash flood in southwest China on Sunday (Aug 13), local authorities said. Footage published simply by Chinese media demonstrated water rising quickly in a river on the outskirts of Sichuan province’s Pengzhou city. Tourists who was simply playingContinue Reading

Taiwan thanks US for maintaining security in Taiwan Strait

TAIPEI: Taiwan’s foreign ministry on Saturday (Aug 13) expressed “sincere gratitude” towards the United States for taking “concrete actions” to maintain security and peace in the Taiwan Strait and the area. US Indo-Pacific coordinator Kurt Campbell said upon Friday that Tiongkok “overreacted” to US House of Representatives Speaker Nancy Pelosi’sContinue Reading