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Contracting economy

apan has joined the ranks of countries in recession amid signs the global economy is headed for a prolonged downturn.




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North Korea vows to close border with South

SEOUL: North Korea on Monday said that it would go ahead with its threat to effectively close its land border with the South, including expelling..

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Why reopen North Korea nuclear talks now?


The next round of six-party talks on ending North Korea's nuclear weapons programmes will be held on December 8 in China, US Secretary of State Condoleezza Rice said.

The talks will take place after North Korea said it would cut off much of the traffic across the heavily armed border with its wealthy neighbour in anger at the hardline policies of Seoul's new conservative leader.

Below are some questions and answers on what North Korea stands to gain and why regional powers will be holding the talks in the closing weeks of US President George W Bush's term.





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