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EAST-ASIAN

The Wire

Obama confronts an Asia reshaped by China's rise

Days after coming to power in September, Japan's new prime minister broached forming a new East Asian trading bloc with rival China — one that would exclude the United States.

Alcohol flush signals cancer risk for East Asians

Turn a bit red when you drink a mere half bottle of beer? If you're of East Asian descent, consider that a warning: You may be at higher risk of alcohol-caused esophageal cancer. Researchers reported the link Monday in hopes of increasing awareness that the inherited flushing trait — found in about a third of people from Japan, China and Korea — offers valuable health information.

World Bank: East Asia to see slower growth in 2009

East Asian economies are far better prepared to tackle the latest financial turmoil than they were during their own crisis a decade earlier, but they still face growing dangers as the global slump deepens, the World Bank said Wednesday.

East Asia Economies Pressed by Inflation

East Asian nations must act promptly to ease the burden of mounting food and fuel prices on the region's poor, the World Bank said Tuesday. Inflation poses a greater challenge to the region's economies than the current financial turmoil, it said.

World Bank: East Asian Economies Strong

East Asian economies are likely to remain healthy next year despite the impact of the widening subprime lending crisis in the U.S. and the renewed increase in crude oil prices, the World Bank said Thursday. The region's rapid growth is also reducing poverty, although income inequality is expanding.

Taliban, Koreans Negotiate on Hostages

Two top Taliban leaders and four South Korean officials met face-to-face Friday in the first negotiations over the fate of 21 members of a church group held hostage for three weeks, Afghan officials said.

India to Make Currency Fully Convertible

India will soon announce how it plans to make its currency fully convertible, the finance minister said Monday, a decade after such plans were shelved following the Asian economic crisis nearly a decade ago.

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