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History repeats in S Korea’s crumbling opposition party

Elaine Ramirez SPECIAL TO EMIRATES BUSINESS Four years ago, a backpack-toting software engineer strutted on to South Korea’s presidential campaign stage with the vow to reform the two-party system and heal the bipartisan split with a new shade of politics. The self-made entrepreneur, antivirus creator, and former school dean Ahn Cheol-soo attracted swarms of young voters who pinned hopes on ...

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China’s role in North Korean puzzle

Last week the leaders of China, Japan, South Korea, and the United States were in Washington, D.C. to remount a political charge against North Korean leader Kim Jong-un’s recent behavior. It’s encouraging to see President Xi Jinping chip in for world peace alongside Asia’s other power brokers, as it is to see Japanese Prime Minister Shinzo Abe and South Korean ...

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Stocks retreat as bonds gain amid global growth concerns

BLOOMBERG Stocks fell around the world, while the yen and government bonds rallied, as heightened concern that global growth is faltering drove investors into haven assets. U.S. stocks sank a second day, as Allergan Plc plunged on concern that a clampdown on inversions may derail a merger with Pfizer Inc. Japan’s yen jumped to a 17-month high versus the U.S. ...

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