Tuesday 29 July 2014
 
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South Korea

South Korean PM resigns over ferry disaster

South Korean Prime Minister Chung Hong-won announced his resignation on Sunday over the government response to the ferry disaster, in which it was first announced that everyone had been rescued, focusing attention on poor regulatory controls.

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Bodies found trapped inside sunken ferry

Divers searching for survivors of a capsized South Korean ferry saw three bodies floating through a window of a passenger cabin on Saturday but were unable to retrieve them, the coastguard said, hours after the ship's captain was arrested.

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FERRY HORROR: Hundreds still missing

Rescuers were hammering on the upturned hull of a capsized South Korea ferry on Thursday hoping for a response from hundreds of people, mostly teenage schoolchildren, believed trapped after the vessel started sinking more than 24 hours previousl

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Ferry horror: Hopes fade for 280 missing

More than 280 people, many of them students from the same high school, were still missing after a ferry capsized off South Korea on Wednesday, in what could be the country's biggest maritime disaster in over 20 years. The ferr

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Bahrain in move to boost S Korea trade ties

Bahrain’s Economic Development Board (EDB) is hosting a delegation of South Korean journalists from various high profile publications including financial ones to promote investment opportunities with Seoul. It includes publi

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100 missing after S.Korea ferry sinks

More than 100 people remained missing on Wednesday after a South Korean ferry with 477 people aboard capsized off the country's southwest coast, Yonhap news agency said. Yonhap and YTN television said 368 people had been rescu

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StanChart profit falls 16pc in 2013

Standard Chartered bank yesterday (March 5) said its net profit fell more than 16 per cent last year and warned of a difficult first half for this year following significant challenges for its South Korean operations. The London-b

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Bahrain ministry 'in the dark' about exports halt

Bahrain's Interior Ministry yesterday said it was unaware of any halt to exports of tear gas from South Korea. The Financial Times on Tuesday quoted a South Korea Defence Acquisition Programme Administration spokesman saying t

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FGB to enter China, South Korean markets

First Gulf Bank (FGB) will expand into three or four new foreign markets including China and South Korea in 2014, seeking to push the percentage of its profit contributed by international operations into double digits, said its chief executive.

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Arabtec launches new S Korean joint venture

Dubai builder Arabtec on Monday said that it has entered into a joint venture with South Korea's GS Engineering & Construction to pursue heavy infrastructure and construction projects in the Mena region. Arabtec, which is

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