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Global markets to be driven by geopolitics in short term
The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.
N.Korea's nuclear complex off limits to world
North Korea#8217;s nuclear complex capable of producing weapons-grade plutonium was shut off from outside monitoring yesterday as the United States warned the impoverished country faced further isolation over its nuclear ambitions.
Be ready for war, S. Korean armed forces told
South Korean Defence Minister Lee Jun called on the nation's military yesterday to maintain readiness for a possible confrontation with North Korea amid mounting tension over the Stalinist state's nuclear ambitions.
Pyongyang vows to confront Washington
B>SEOUL:/BShowing no willingness to ease tensions over its nuclear weapons programme, North Korea vowed yesterday to build an army-based #8220;powerful nation#8221; and defy pressure from the United States.
North Korea looks to South for backing
B>SEOUL: /B>Seeing an opportunity in widespread anti-American sentiment in South Korea, North Korea urged the South yesterday to prevent war by backing the North in its confrontation with the United States over nuclear weapons development.
US economy begins 2003 on fretful note
As it did a year ago, the US economy has entered 2003 in a fretful state.
S. Korea trying to defuse tension
B>SEOUL:/BSouth Korea promised to step up efforts to defuse tension over North Korea#8217;s nuclear programme yesterday amid a flurry of international diplomacy involving the United States and other regional powers.
N. Korea wants talks with US
North Korea said yesterday it was willing to discuss its nuclear programme with the United States and the International Atomic Energy Agency (IAEA), but insisted a non-aggression pact was the only way to defuse the crisis.
S. Koreans side with North in blasting latest Bond flick
Deadly space laser aside, some South Koreans are finding another aspect of the latest James Bond flick hard to swallow #8211; its depiction of neighbouring North Korea as a diabolically evil regime and the whole Korean peninsula as a backward underling to Western saviours.
Asia's export worries
The gloom surrounding Asia#8217;s export-driven countries as they deal with worries about a slowing US economy and fears of war in Iraq have disguised an important factor #8211; their exports have actually been strong.
