InfoAnda - SKorea, China, Japan show unity at first summit

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Paris and the politics of pants | 26 September 2010
Five US, Latvian troops killed in Afghan attack | 2 May 2009
Israel takes battle with Hamas to YouTube | 1 January 2009

NKorea warns of tougher steps at Seoul-funded estate: reports | 18 December 2008

">Forum Views () ">Forum Replies ()

Read more with google mobile : SKorea, China, Japan show unity at first summit

Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: SKorea, China, Japan show unity at first summit By ERIC TALMADGE,Associated Press Writer AP - 1 hour 3 minutes ago FUKUOKA, Japan - The leaders of Japan, China and South Korea said Saturday that Asia must be the engine of growth to counter global financial turmoil and vowed to rev up their economies with infrastructure projects and bolster domestic demand. Tokyo and Seoul also criticized North Korea for stalling denuclearization talks. The Asian nations _ which together make up 75 percent of the east Asian economy _ were holding their first-ever three-way summit, with Japanese Prime Minister Taro Aso, South Korean President Lee Myung-bak and Chinese Premier Wen Jiabao attending. The global financial slowdown was atop their agenda. "The current financial crisis continues to spread," Wen said at a joint news conference. "We are important economic players in Asia and the world, and we must strive to respond to this once-in-a-century crisis." In a joint statement, the leaders said they believed Asia must be a center of growth to counter the sliding world economy. They said they would push domestic demand and infrastructure projects while refraining from raising new barriers to investment or trade over the next 12 months. "The three leaders shared the view that efforts need to be strengthened to minimize the negative impacts that the current financial turmoil could have on the world economy," the statement said. "Asian countries are expected to play a role as the center of world economic growth." Meeting ahead of the summit, Aso and Lee welcomed a deal reached the night before to increase a bilateral currency swap arrangement to the equivalent of $20 billion. The Bank of Korea also announced a deal with the People's Bank of China worth about $26 billion. "This is very meaningful," Lee said of the currency swap arrangement. "We translated cooperation into action." Swaps generally entail one central bank borrowing a currency from another and offering an equivalent amount of its own as collateral. Seoul has seen its own currency reserves dwindle and feared that without the swap arrangements it could suffer a foreign exchange crisis because of the global financial turmoil. The South Korean won has declined 32 percent this year amid record selling of South Korean stocks by foreign investors. Aso and Lee also criticized North Korea for its lack of cooperation at nuclear disarmament talks and stressed the importance of continuing to push together for progress. Four days of negotiations in Beijing ended in stalemate Thursday with North Korea refusing to put into writing any commitments on inspection, making it impossible to move forward on a disarmament-for-aid agreement reached last year. "We have made progress but it has been slow," Lee said. "We must have patience and hope." The three leaders said they planned to make the trilateral summit an annual event and strengthen ties through increased political and cultural exchanges. "Politically and economically, we have a very significant presence in the region," Aso said. "We should have had this kind of a summit sooner." Though their countries are often at odds over the legacy of Japan's militarist past, solidarity was the word of the day. Officials said the summit was intended to be a show of unity in the face of the global economic downturn and was an important step toward better relations overall between the three neighbors. Left off the table was lingering animosity over Japan's pre-1945 colonization of Korea and its often brutal aggression on the Asian mainland in the first half of the last century. Such issues have frequently flared up in the past and continue to be a thorn in relations. Japanese officials said it was "significant" that the three countries were putting such issues behind them and trying to approach the summit with a more forward-looking stance. Other sensitive issues remain, however. In a meeting with Wen, Aso expressed concern over the entry of Chinese vessels earlier this week into waters Tokyo claims near disputed southern islands known as the Senkaku in Japanese and the Diaoyu in Chinese. Japan lodged a protest with Beijing on Monday after the ships spent nine hours near the islands, which are claimed by Japan, China and Taiwan. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy SKorea, China, Japan show unity at first summitAP - 1 hour 3 minutes ago China likely to miss energy saving goal for 2008: reportAFP - Sunday, December 14 TOPWRAP 1-China faces tough challenges, leaders meet in JapanReuters - Sunday, December 14 Japan, China, S.Korea unite on financial crisisReuters - Sunday, December 14 Related Articles: Business SKorea, China, Japan show unity at first summitAP - 1 hour 3 minutes ago S.Korean Lee: expanded swap deals very significantReuters - Sunday, December 14 N.Korea threatens nuclear disablement slow downReuters - Sunday, December 14 Chinese insurers should spend at home-regulatorReuters - Sunday, December 14 INDICATORS - Lebanon - Updated Dec 13Reuters - Sunday, December 14 Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed US carmakers mull options as White House vows aid US Senate fails to reach deal on auto bailout Autism, other disorders linked to post-natal factors: study Muslim pilgrims stone Satan at the hajj Sarcasm finds medical use in dementia detection View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

Other News on Saturday, 13 December 2008
Taiwan's ex-president Chen indicted for corruption
US gives digital diplomacy a chance, on YouTube
Luke Skywalker light saber auctioned for $240,000
Hugh Jackman to host new-look Oscars
Hugh Jackman to host new-look Oscars
CNN names new White House team
Pakistan investors brace for stock index floor removal
India's industrial production shrinks in October
Sarkozy defends 'European values' on Tibet
Confiscating toy guns part of US mission in Iraq
Iraq clerics call for calm after bombing
Italian investor group formally takes over Alitalia
Car key blocks mobile phone use while driving
Iraqi official urges austerity measures
Shareholders approve Britain's HBOS-Lloyds TSB merger
Ecuador defaults, says to fight monster creditors | International |
India plans 3G spectrum sale Jan 15: report
White House mulls urgent new steps on autos
Nobel laureates crown U2's Bono 'man of peace'
Colombia extradites suspected drug lord to U.S. | International |
Videogame sales shine despite economic gloom: report
Athens anger resurfaces as Greek premier dismisses quit calls
Brazilian's family blast police after anti-terror shooting verdict
Vatican condemns embryo stem cell research, cloning | International |
Ireland to hold second treaty vote after summit deal
Museum to Chile's Pinochet sickens victims | International |
US Treasury ready to stave off auto sector collapse
Unanimous agreement on climate package: Sarkozy
US gives visa to mother of Ecuadorean beaten in NY
U.S. and Russia seek U.N. council agreement on Middle East | International |
Armed guards would deter Somali pirates: U.S. Navy | International |
US arms control official to hold talks in Moscow
Navy commander questions land attacks on pirates
UN talks set programme to landmark climate pact in '09
Canadian's battle role cast in doubt at Guantanamo | International |
S’pore congratulates Austrian city on winning winter YOG hosting bid
Jimmy Carter regrets not meeting with Hezbollah
EU hails climate deal as example for the world
Zimbabwe seeks all support we can get on cholera | International |
China welcomes EU climate deal, says US must do more
Poor nations to get funds to fight climate change
Prosecutors indict Taiwan's Chen on graft charges
Highlights of EU deal to fight climate change
Thai protesters warn against pro-Thaksin PM
Unanimous agreement on climate package: Sarkozy
UN confirms Afghan mass grave site disturbed
Ex-chairman urges Intel to make car batteries: report | Technology |
UN chief urges US to join UN rights body
US troops kill 4 Afghans on bus that wouldn't stop
Pakistan says India must give evidence on Mumbai
Mumbai attacks spark upper-class calls for change
Taiwan court to release indicted ex-leader on bail
Hugh Jackman to host new-look Oscars | Entertainment |
Nobel laureates launch appeal for Aung San Suu Kyi
Actors' strike threat casts shadow over Oscars | Entertainment |
1950s pin-up queen Bettie Page dies | Entertainment |
Actor Van Johnson dies, aged 92 | Entertainment |
Actor Van Johnson, '40s heartthrob, dies at 92
Marilyn Monroe photo may fetch record price | Entertainment |
Winslet, Law and Owen to lead line-up at Berlin film fest
Q&A: R&B star Chris Brown inspires avid fans | Entertainment |
Iconic Marilyn Monroe photos to auction
Nude Virgin of Guadalupe graces Playboy Mexico cover
Blur reunion gig sells out in two minutes
Dumas show explores birth, death and in-between
'American Idol' may ax its charity after 2 years
Celeb lunchboxes to benefit hunger relief
Tokyo train stations to ban smoking
1940's heartthrob Van Johnson dies at 92
2008: The year politics saturated our pop culture
After-parties feel heat from meltdown, SAG threat
'American Pie' star Tara Reid checks into rehab
Century mark: composer Elliott Carter turns 100
Academy Awards hosts through the decades
Singapore to boost construction, help airlines-report
Philippine security forces foil bombings in Manila
Asian powers in rare summit on economic crisis, NKorea
Reporter's blog on Chicago sit-in to become book
Screen Actors Guild faces dissension from NY board
Gas-rich Turkmenistan holds parliamentary vote
Italian police: Rocker stabbed, band members held
New clashes in Athens, PM says people safe | International |
Scotland Yard slammed after killing verdict
U.S. halts N.Korea fuel aid until deal | International |
Colombia extradites suspected drug lord to U.S. | International |
Italian quits just short of rowing the Pacific solo | International |
Panel urges U.N. to expand Congo sanctions list | International |
Canadian's battle role cast in doubt at Guantanamo | International |
Top Colombian drug trafficker arrives for trial in US
Taiwan media urge fair trial for indicted ex-president
Illinois moves to oust governor amid graft scandal
Sri Lanka says 10 rebels killed in fighting
US military deaths in Iraq war at 4,209
UN talks set programme to a landmark climate pact in '09
Voters head to polls in Indian Kashmir
In-the-works video games cater to music fans | Technology |
Pakistani cenbank sells 13.5 bln rupees of T-bills
Japan, SKorean leaders regret NKorean talks failure
Lawmakers urge FCC to delay contentious actions | Technology |
German bourse opens office in Beijing: statement
North Korea warns nuclear dismantling might slow
US auto industry on brink as EU seals huge recession package
Radio stations untangle more direct Web connections | Technology |
S.Korea approves 11.5 pct rise in budget for 2009
SKorea, China, Japan show unity at first summit
Police: Pakistan militants kill 2 alleged US spies
South Korean parliament passes 2009 budget despite boycott
Malaysia burglar stuck for 3 days in haunted house
China Eastern Airlines in management reshuffle
Toyota to suffer 1.1 billion dollar loss for 2nd half: reports
U.S. says N.Korea fuel aid halted until deal
China's Baidu cuts revenue forecast on ad scandal
Doubt made easy -- the hard way | Entertainment |
Chinese Democracy shows limits of retail exclusives | Entertainment |
Brian d'Arcy James is an unlikely ogre as Shrek
US says no more fuel shipments to NKorea until nuke verification
Pakistan militants destroy NATO vehicles: police
China likely to miss energy saving goal for 2008: report
Former Thai PM supporters gather for rally
Former Myanmar dictator's daughter released from house arrest
Cyclist Evans denies riding in 2009 Giro
Pachuca beat Al Ahly 4-2 in extra time
Judge jails man who offered Winehouse drugs
Ousted Thai PM Thaksin to address thousands from exile
UN chief urges China to continue Tibet dialogue
US team meets Iraqis over Blackwater shooting
Britain's Brown arrives in Afghanistan
X Factor finalists set for showdown in Britain
Iraqi PM rejects view U.S. troops needed for decade | International |
Fort Hood soldiers to participate in marathon
Russian troops move back into disputed village: Georgia
Russia retakes Georgia border village | International |
Gates warns US adversaries not to test Obama
Russian FM sees roadblocks to future cooperation with NATO
Police fire bullets against Kashmir protesters | International |
US commander focuses on Sons of Iraq transition
Zimbabwe seen eyeing fresh polls | International |
Indian navy arrests 23 pirates in Gulf of Aden
Training centre set up to meet demand for pre—school education professionals
SKorea, China, Japan show unity at first summit
British PM visits UK troops near Afghan front line
3 killed, 3 kidnapped by Philippine militants
Malls haven’t cut back on festive decor despite gloomy economic outlook
British PM visits troops near Afghan front lines
Mumbai's Taj Mahal hotel to reopen in a week: owners
Pakistan: Police say Taliban kill alleged US spies
Rower rescued off Australia after 10-month journey
19 Mercy Relief volunteers honoured for disaster—relief in Myanmar, Yemen
Springsteen memorabilia returned to NJ library
Pakistan sends troops to guard NATO supply trucks
8 artists display works at exhibition in the business district
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01