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South Korea Launches First Missile-Capable Submarine

South Korea launched its first ever missile-capable attack submarine on Friday, despite a recent diplomatic thaw with the nuclear-armed North.

S. Korean Ex-President May Face 20-Year Jail for Corruption

Prosecutors in South Korea have demanded a 20-year prison term for former president Lee Myung-bak over bribery, abuse of power, embezzlement and tax evasion.

South Korea Denies Israeli President Official Visit

South Korea has denied an official visit of Israeli President Reuven Rivlin to the country in a move that could trigger a diplomatic dispute between Tel Aviv and Seoul.

Ankara will Boycott US Electronic Goods

President Recep Tayyip Erdogan has said that Turkey would boycott US electronic goods in retaliation for punitive sanctions from Washington.

Scarce Petchems Surge prices of Plastics in Iran

A shortage of raw materials has reportedly tripled the prices of plastic products in Iran with traders blaming a more expensive US dollar which they say is encouraging suppliers of petrochemicals to prefer exports over domestic demand.

Iran, ASEAN to Sign Cooperation Treaty: Singapore

Iran will sign a cooperation treaty with the Association of Southeast Asian Nations (ASEAN) in a move which could lead to wider economic cooperation between the country and East Asia.

Iran slams 'psychological war' to disrupt ties with Europe

Iran has hit out at a "psychological war" targeting its ties with Europe after reports that Iranian assets in Germany had been frozen ahead of a US deadline to reimpose sanctions on the Islamic Republic.

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