Association of Southeast Asian Nations

US Hosting ASEAN Foreign Ministers to Discuss North Korea Threat

The United States is bringing its Southeast Asian allies on board to tackle what senior officials described as the number one national security priority for the U.S. — North Korea's nuclear proliferation and missile threats — when foreign ministers from Association of Southeast Asian Nations (ASEAN) gather Thursday in Washington, Voice of America reported.

China outbound investment nears $120 bln in 2015

Chinese overseas direct investment (ODI) rose to nearly $120 billion last year, official data showed on Jan. 20, as the world's second-largest economy sought to acquire foreign technologies, expand markets and diversify energy supply.

ODI leapt 14.7 percent from a year earlier to $118.0 billion in 2015, just ahead of the previous year's expansion, according to the commerce ministry.

President Barack Obama: We will ultimately destroy the Islamic State

US President Barack Obama said addressing the ASEAN Summit in Kuala Lumpur that Russia must make a strategic decision about Syria and over the next weeks will show whether Russian President Vladimir Putin will stop backing Bashar al-Assad and join international efforts against Islamic State.

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