Bloomberg India’s top iron ore miner is feeling the squeeze despite a global rally in the price of the steel-making material. NMDC Ltd. has cut prices about 6 percent in 2016 even as iron ore climbed 36 percent internationally. Challenges include record domestic supplies, moderating local steel demand and transport costs on India’s clogged railway. “Transport costs are prohibitive,” ...

  Vientiane / AFP President Barack Obama pledged on Tuesday to dramatically increase US efforts to clear millions of bombs secretly dropped on tiny Laos by American planes a generation ago, saying the clean-up was a “moral obligation”. Laos became the world’s most-bombed country per capita from 1964 to 1973 as Washington launched a secret CIA-led war to cut supplies flowing ...

  Seoul / AFP Flooding following heavy rain has killed 60 people and left over 44,000 homeless in North Korea, the United Nations said on Tuesday, after the country reported that a northeastern river suffered its worst-ever flood. Pyongyang said on Friday the Tumen river, which partially marks the border with China and Russia, experienced the biggest flood ever recorded due ...