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South Korea is reaching for the stars as it banks on aerospace technology to power its future growth, but observers said the government has its work cut out to develop a sector and talent pool that can compete internationally by 2045.
The meeting was the first sign of the PTI and Sharif’s PMLN parties showing a willingness to accept their differences.
Umio Otsuka, 63, a former Maritime Self Defence Force (SDF) commander and a one-time ambassador to Djibouti, confirmed his appointment, which marks the first time since 1978 for an ex-military official to assume the post.
South Korea's financial regulator will look at speeding up the corporate reforms proposed last month and could reportedly add newer measures, after market players voiced concerns the announced steps might not be enough to tackle the so-called "Korea discount."
This is CNBC's live blog covering Asia-Pacific markets.
HONG KONG -- Swire Pacific, a major Coca-Cola bottler in mainland China, faces an uphill battle in the country as a slowing economy makes consumers increasingly cost-conscious, even for the iconic American soft drink.
BANGKOK (Reuters) -- Thailand's former Prime Minister Thaksin Shinawatra arrived by private jet on Thursday to visit his northern hometown of Chiang Mai for the first time since fleeing the country after a military coup in 2006.