South koreas Remarkable Growth, but with another cold winter on the way, some worry it could bring the power grid to a breaking point. South korean aviation authorities have confirmed to neighboring countries theyll extent their air Defense Identification Zone this sunday. It will overlap japans and one china declared last month. They all lie outside each nations air space. Initially the south korean and japanese zones were adjacent to each other over the east china sea. South koreas zone did not include a submerged rock both it and china claim. Authorities in beijing says theirs did include the rock. Officials in seoul asked them to revise it but the request was denied. Representatives with Japanese Airlines say the change wont affect their operations. They say the revised zone coffers south corey yes, sir current air Traffic Control area. Defense Ministry Officials in tokyo told lawmakers with the liberal Democratic Party how they plan to deal with the change. They said the selfdefen
Pushing for a recovery. The man set to lead jap starts work o gettinth eonomy back on track. A man who led japan once before is laying the foundations for another shot at leadership. Next week shinzo abe is expected to find his way back into the Prime Ministers office, a place he left five years ago. Hes already preparing to tackle japans economic malaise by bringing back an old post. Abe led the liberal democrats to victory sunday in the lower house election. They assume power in a week. Abe says he plans to reinstate the council on economic and fisc poly, suspended by the democratled government. Hell appoint a new minister to take charge of the council. Abe will appoint former Prime Minister taro aso as his finance minister and deputy Prime Minister. Abe hopes aso can bring his experience and economic expertise to bear on the dual problem of deflation and the strong yen. Abe wants central bankers to do more on their part to prop up the economy. Yuko fukushima joinss you now from the
Hello there. Welcome to newsline. Its wednesday, january 30th. Im Catherine Kobayashi tokyo. The Team Managing the transition of power in south korea has been thrown into disarray. President elect park geunhye nominated Kim Yong Joon last week for prime minister, but now hes withdrawn his name. Wim served as chief of the Constitutional Court and he led parks transition team. But allegations surfaced that his two sons were exempted from military service for invalid reasons. And Many South Koreans have criticized him for his extensive property holdings. Kim reportedly apologized to the public and tpark for causi trouble. Park will become the countrys first female president next month. Park has been warning the outgoing president not to abuse his power. But park his Lee Myung Bak has ignored her advice. He pardoned political allies, friends, and others who had been convicted of corruption. Park and lee have been rivals since vying for their partys president ial nomination six years ago. P
They say moon took 48 . They have counted about twothirds of the ballots. Park trumpeted her wealth and political experience during the campaign. She squared off with moon on a number of issues during the campaign. South koreans want their next leader to rein in the countrys conglomerates. They say they are snatching market is share away from small and medium sized firms. Park favors restraints to keep growth in check, but insisted that Major Companies should enjoy future regulations. On the diplomatic front, park on the diplomatic front, park on the diplomatic front, park on the diplomatic front, park on the diplomatic front, park argued that her country should built a relationship of trust with north korea before opening dialog with the nation. We have our team in south seoul, covering the south korean president ial election. Kaho izumitani has more. Kaho, what happened park win this vote . Reporter her name, for one thing. She is the late daughter of the architect of the modern econ
Pushing for a recovery. The man set to lead japan starts work on getting the economy back on track. A man who led japan once before is laying the foundations for another shot at leadership. Next week shinzo abe is expected to find his way back into the Prime Ministers office, a place he left five years ago. Hes already preparing to tackle japans economic malaise by bringing back an old post. Abe led the liberal democrats to victory sunday in the lower house election. They assume power in a week. Abe says he plans to reinstate the council on economic and fiscal policy, suspended by the democratled government. Hell appoint a new minister to take charge of the council. Abe will appoint former Prime Minister taro aso as his finance minister and deputy Prime Minister. Abe hopes aso can bring his experience and economic expertise to bear on the dual problem of deflation and the strong yen. Abe wants central bankers to do more on their part to prop up the economy. Yuko fukushima joinss you no