Brussels /AFP South Korea’s scandal-hit President Park Geun-Hye said on Tuesday she would accept the result of a looming and possibly lengthy impeachment process, but defied pressure to resign immediately. An opposition-sponsored impeachment motion is almost certain to be adopted by the national assembly on Friday, with some 30 rebel MPs from Park’s Saenuri party saying they will vote in …

Dhaka / AFP More than 20,000 Rohingya have fled to Bangladesh in recent weeks to escape a bloody crackdown by the army in neighbouring Myanmar, humanitarian officials said on Tuesday. Bangladesh has stepped up patrols on the border to try to stem the tide of refugees since an eruption of unrest in Myanmar’s western state of Rakhine in early October. …

  How China manages its currency is likely to be the global economic story of 2017. Despite the government’s best efforts, capital continues to leave the country at a brisk pace, with a balance-of-payments deficit through the third quarter of $469 billion. Attempts to arrest this flow probably won’t work. But they may well create new risks. Capital outflows began …