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News Desk

Asia News Network

Publication Date : 16-02-2013

North Korea appears to be preparing for another long-range rocket launch at its northeastern Musudan-ri test site, adding to the security jitters fanned by its third nuclear test last week, The Korea Herald reports. Meanwhile, China Daily quotes analysts warning of the possibility of a new arms race in the region. In other news, the heirs of the Sultan of Sulu have decided to press their claim to the eastern Malaysian state of Sabah on their own after feeling betrayed and left out in the peace process between the Philippine government and the Moro Islamic Liberation Front, the Philippine Daily Inquirer says. In business, Thai tycoon Charoen Sirivadhanabhakdi has taken full control of Singapore's Fraser & Neave (F&N), with a holding amounting to more than 80 per cent of shares, says The Nation. In sports, The China Post reports that Taiwanese ultramarathon runner Tommy Chen completes a 700km ultramarathon in Canada making him the first Asian to finish the race held in the nation's freezing Arctic Yukon territory.