Strong quake strikes Myanmar; at least 5 killed
A strong earthquake struck northern Myanmar on Sunday, with local media reporting that five people were killed. Scattered damage and injuries also were reported in areas close to the quake’s epicenter.
China turns corner on economy as party chooses new leaders
BEIJING (Reuters) 211; China announced on Saturday that it is effectively turning the corner on the economy and likely to meet its growth target for the year, more good news for Communist Party policy makers meeting in Beijing to anoint new leaders for the next decade. The world's second-biggest economy had halted a slowing trend, the chief of the economic planning agency said, adding that he was confident GDP growth would exceed 7.5 percent in 2012 though at the same time warning against complacency. …
Korean Air resumes regular flights to Saudi Arabia
SEOUL (Reuters) – Korean Air Lines Co Ltd has reopened a direct air route to Saudi Arabia for the first time in 15 years, a company statement said on Sunday, reflecting growing economic ties between the two nations. The South Korean national flag carrier, which operates brand-new A330-200 aircraft, will launch three flights per week, linking South Korea’s Incheon International Airport with the Saudi capital Riyadh and the port city of Jeddah. Korean Air Lines suspended regular Riyadh-bound flights in 1997 when the so-called “Middle East boom” for South Korean construction firms ended. …
Saturday, November 10, 2012
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