As part of the reforms by President Thein Sein to open up Myanmar after decades of economic isolation, the parliament has approved a new foreign investment law.… Continue Reading
An unwelcome ritual of South Korean politics is for the president to be plagued by serious corruption scandals near the end of his term.
President Lee Myung-bak (left) will leave office in February next year.… Continue Reading
The elder brother of South Korea’s president was arrested this week and detained during a widening bribery investigation.
Lee Sang-deuk, 76, was accused of taking $525,000 from the chairmen of two savings banks from 2007 until last year to help them avoid official audits.… Continue Reading