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Wednesday, March 27, 2013

Asia Compact | 27.03.2013, 19:00 UTC

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Asia
North Korea
China weighs up opposing North Korea policies
China has become more open than ever about its policy regarding North Korea. While some want a change of course as China seeks to keep instability from its door, others think the status quo should be preserved.
News
Globalization
BRICS summit closes with slow progress on development bank
The BRICS summit of emerging economies has agreed to create a development bank to counter-balance Western-dominated institutions. However the group failed to outline any firm details about the bank.
Asia
Conflict
Talks 'not likely' to end bloodshed in Thailand
"Peace talks between the Thai government and rebel groups are a step in the right direction," Marco Bünte tells DW. But it is only the very beginning of any kind of peace process between Bangkok and southern separatists.
Business News
Investment
Fitch helps Philippines to first ever investment grade
Fitch Ratings has announced it has promoted the Philippines' credit assessment after acknowledging the country's economic and government reforms over the past few years. Manila viewed the move as an investment boost.

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