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COLOMBO, Sri Lanka (AP) — The man who is considered the heir apparent to the powerful Rajapaksa family in Sri Lanka will contest the presidential election in September, his political party said Wednesday, in an apparent bid to regain his family’s lost power after a humiliating setback two years ago during an unprecedented economic crisis in the Indian ocean island nation.
A scion of the powerful Rajapaksa clan is running for Sri Lankan president in elections next month, more than two years after his populist uncle led the country to its worst economic crisis ever.
SHANGHAI/HONG KONG -- This week's market turmoil stemming from Japan may have given China's central bank an unlikely assist in its battle to stimulate economic activity.
BANGKOK -- Thailand's Constitutional Court on Wednesday ordered the dissolution of the largest opposition Move Forward Party over campaign advocacy to amend the country's lese-majeste law, a major blow to the progressive party that won the most seats in last year's general election.
DHAKA, Bangladesh (AP) — Bangladesh’s military chief said Wednesday that an interim government headed by Nobel laureate Muhammad Yunus would be sworn in on Thursday night as he returns from Paris to take over the administration amid struggle for restoring stability after former Prime Minister Sheikh Hasina was forced to step down and flee.
TOKYO (Kyodo) -- Envoys of the United States and other Western nations sent a letter to Nagasaki in mid-July expressing concern over the city not inviting Israel to its peace ceremony on the anniversary of the 1945 atomic bombing by the United States, the document showed Wednesday as multiple ambassadors pulled out of the event.
BANGKOK (Reuters) -- South Korean automaker Hyundai Motor will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country's Board of Investment (BOI) said on Wednesday.
SYDNEY -- The United States will increase its rotational military presence in Australia, while the countries move forward with plans to co-develop guided missiles, top officials said following a high-level meeting in the U.S.