Exclusive: North Korea tells China of preparations for fresh nuclear test - source

BEIJING (Reuters) - North Korea has told its key ally, China, that it is prepared to stage one or even two more nuclear tests this year in an effort to force the United States into diplomatic talks, said a source with direct knowledge of the message.

Further tests could also be accompanied this year by another rocket launch, said the source, who has direct access to the top levels of government in both Beijing and Pyongyang.

North Korea conducted its third nuclear test on Tuesday, drawing global condemnation and a stern warning from the United States that it was a threat and a provocation.

"It's all ready. A fourth and fifth nuclear test and a rocket launch could be conducted soon, possibly this year," the source said, adding that the fourth nuclear test would be much larger than the third, at an equivalent of 10 kilotons of TNT.

The tests will be undertaken, the source said, unless Washington holds talks with North Korea and abandons its policy of what Pyongyang sees as attempts at regime change.

North Korea also reiterated its long-standing desire for the United States to sign a final peace agreement with it and establish diplomatic relations, he said. North Korea remains technically at war with both the United States and South Korea after the Korean war ended in 1953 with a truce.

In Washington, U.S. State Department spokeswoman Victoria Nuland urged North Korea to "refrain from additional provocative actions that would violate its international obligations" under three different sets of U.N. Security Council resolutions that prohibit nuclear and missile tests.

North Korea "is not going to achieve anything in terms of the health, welfare, safety, future of its own people by these kinds of continued provocative actions. It's just going to lead to more isolation," Nuland told reporters.

The Pentagon also weighed in, calling North Korea's missile and nuclear programs "a threat to U.S. national security and to international peace and security."

"The United States remains vigilant in the face of North Korean provocations and steadfast in our defense commitments to allies in the region," said Pentagon spokeswoman Major Catherine Wilkinson.

Initial estimates of this week's test from South Korea's military put its yield at the equivalent of 6-7 kilotons, although a final assessment of yield and what material was used in the explosion may be weeks away.

North Korea's latest test, its third since 2006, prompted warnings from Washington and others that more sanctions would be imposed on the isolated state. The U.N. Security Council has only just tightened sanctions on Pyongyang after it launched a long-range rocket in December.

Pyongyang is banned under U.N. sanctions from developing missile or nuclear technology after its 2006 and 2009 nuclear tests.

North Korea worked to ready its nuclear test site, about 100 km (60 miles) from its border with China, throughout last year, according to commercially available satellite imagery. The images show that it may have already prepared for at least one more test, beyond Tuesday's subterranean explosion.

"Based on satellite imagery that showed there were the same activities in two tunnels, they have one tunnel left after the latest test," said Kune Y. Suh, a nuclear engineering professor at Seoul National University in South Korea.

Analysis of satellite imagery released on Friday by specialist North Korea website 38North showed activity at a rocket site that appeared to indicate it was being prepared for a launch (http://38north.org/2013/02/tonghae021413/).

NORTH 'NOT AFRAID' OF SANCTIONS

President Barack Obama pledged after this week's nuclear test "to lead the world in taking firm action in response to these threats" and diplomats at the U.N. Security Council have already started discussing potential new sanctions.

North Korea has said the test was a reaction to "U.S. hostility" following its December rocket launch. Critics say the rocket launch was aimed at developing technology for an intercontinental ballistic missile.

"(North) Korea is not afraid of (further) sanctions," the source said. "It is confident agricultural and economic reforms will boost grain harvests this year, reducing its food reliance on China."

North Korea's isolated and small economy has few links with the outside world apart from China, its major trading partner and sole influential diplomatic ally.

China signed up for international sanctions against North Korea after the 2006 and 2009 nuclear tests and for a U.N. Security Council resolution passed in January to condemn the latest rocket launch. However, Beijing has stopped short of abandoning all support for Pyongyang.

Sanctions have so far not discouraged North Korea from pursuing its nuclear ambitions.

"It is like watching the same movie over and over again," said Lee Woo-young, a professor at Seoul's University of North Korean Studies. "The idea that stronger sanctions make North Korea stop developing nuclear programs isn't effective in my view."

The source with ties to Beijing and Pyongyang said China would again support U.N. sanctions. He declined to comment on what level of sanctions Beijing would be willing to endorse.

"When China supported U.N. sanctions ... (North) Korea angrily called China a puppet of the United States," he said. "There will be new sanctions which will be harsh. China is likely to agree to it," he said, without elaborating.

He said however that Beijing would not cut food and fuel supplies to North Korea, a measure it reportedly took after a previous nuclear test.

He said North Korea's actions were a distraction for China's leadership, which was concerned that the escalations could inflame public opinion in China and hasten military build-ups in the region.

The source said he saw little room for compromise under North Korea's youthful new leader, Kim Jong-un. The third Kim to rule North Korea is just 30 years old and took over from his father in December 2011.

He appears to have followed his father, Kim Jong-il, in the "military first" strategy that has pushed North Korea ever closer to a workable nuclear missile at the expense of economic development.

"He is much tougher than his father," the source said.

(Additional reporting by Arshad Mohammed and Phillip Stewart in WASHINGTON; Writing by David Chance; Editing by Raju Gopalakrishnan, David Brunnstrom and Jackie Frank)

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MediaCorp celebrates 50 years of television

SINGAPORE: Singapore's leading media company MediaCorp is celebrating 50 years of broadcasting with year-long celebrations.

Highlights include special programmes on each channel that allow audiences to enjoy a new experience while viewing television content, via multi-platform, second screen and on-ground vehicles.

There will also be roadshows in May and a charity special in September.

The year-long jubilee will culminate in a grand variety countdown special on New Year's Eve.

CEO of MediaCorp Shaun Seow said: "Singapore television has come a long way from its pilot service 50 years ago. It transited to colour in the 1970s, and to the digital form we know it today - consumed as much on the TV set in the living room as on the go.

"Its content has also evolved, reflecting the mores of the times and telling the story of our nation building.

"As we celebrate this milestone anniversary, we want to thank all our viewers who've grown up with us, cried with us, laughed with us. We're also reaching out to a new generation of viewers who want to be engaged via social media.

"Whatever the form, we will strive to innovate and improve ourselves so that MediaCorp continues to be an integral part of the lives of Singaporeans."

- CNA/ck

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Indian universities crying for better leadership, say 90% academics

NEW DELHI: A global survey of the academic community on the leadership challenges faced by the Indian higher education system has revealed that the sector is facing shortage of capable leaders with 92% of the respondents saying that this trend is expected to continue until 2020. Just 5% of the respondents said that there was no paucity of leaders.

The results of the survey were unveiled at the Education Promotion Society for India (EPSI), a national body of over 500 higher education institutions, summit on developing transformational leaders for Indian higher education on Thursday.

Nearly 81% of the respondents pointed to a serious gap between the existing pool and the requirement of academic leaders to meet 12th Five Year Plan and India Vision 2020 for Higher Education sector. Only 18% respondents said that there is moderate gap between the expected demand and the available pool.

When asked about "the critically important traits of a transformational leader in Indian Higher Education", 80% of the respondents cited "Futuristic Approach to Development" as the most important trait of the transformational leader, followed by " Understanding of Higher Education Ecosystem" by 57% of the respondents.

"Exceptional academic record and research orientation", as well as "strong administrative ability and relationship orientation" were seen as equally essential traits with half the respondents voting for these.

Academics also felt that high professional integrity, ethical standards, global exposure and ability to change were some of the other requisite qualities of a transformational leader.

More than one-third of the respondents felt that being an academician was not a popular career choice as it lacked adequate mentoring. Lack of academic leadership, guidance and training (60%) and low salary (50%) were the other reasons why the education sector failed to attract promising academics.

The survey conducted in early February 2013, received 111 responses from thought leaders, chancellors, vice chancellors, directors, deans, principals and professors located in 37 locations globally, including USA, UK, Dubai, Germany, Australia, France and Hungary. In India, the respondents came from 22 Indian cities including Delhi-NCR, Pune, Mumbai, Chennai, Bangalore, Hyderabad and Manipal.

The survey examined why Indian higher education institutes are unable to attract overseas Indians with exceptional academic background and proven leadership skills. Three-fourths of the respondents cited highly bureaucratic Indian systems and siloed approach of stakeholders as the key reason. Poor appreciation of academics and perception that academicians in the higher education system have low integrity were other reasons why the reverse brain drain wasn't taking place.

"The results of the survey on leadership challenges in the higher education system are alarming and demand a serious attention by political leadership, policy makers, chancellors and vice chancellors," said Dr G Vishwanathan, president, EPSI and chancellor of Vellore institute of Technology University.

The respondents added that low brand-value of India, low or superficial orientation to research and development, poor compensation and incentives, high levels of corruption in institutions and society, and management myopia were reasons why well-known academicians did not consider India as a potential destination.

To bridge the gaps for leadership challenge in higher education systems the questionnaire proposed to the respondents if experienced corporate sector, civil and defence services professionals could fill the leadership gap in the higher education institutions. Eight out of 10% felt that managing knowledge-based institutions is different from other organisations, even though 20% of the respondents commended them for their superior ability to manage the institutions.

On the formal mechanisms needed to bridge the gap and initiatives, about 79% of the respondents voted for initiating transformational leadership programmes for founders of academic institutes and academic leaders, which will mentor potential candidates for bigger roles. Creating a group of academic leaders, both Indian and foreign, for grooming potential leaders annually was favoured by 51% of the respondents, with less than 10% voting for setting up a separate institution for this purpose.

Minister of state for HRD, Shashi Tharoor in his address said that the Indian higher education system needs to step up credible standards of higher education. Towards this end, the government has initiated 11 bills on Higher Education in the Parliament.

Tharoor admitted that India has not addressed the issue of equity as well it has attempted to address the issues of enrolment, excellence and employability. The minister welcomed the growth of the private sector education institutions that make up for 64% of the total institutions in India and contribute to 57% of total enrolment.

In the EPSI survey, policy and regulatory issues covered included the latest Bill being discussed in the Parliament allows police, under certain conditions, to arrest the top leaders. The respondents feared that this Bill once enacted could be misused by the system for personal and other obvious benefits. When asked whether "the Prohibition of Unfair Practices in Higher Education Institutions Bill 2011 that provides provision for arresting and imprisonment of chancellors, vice-chancellors, Deans or head of institutions, help to curb malpractices in higher education?" only 20% of the respondents felt that it will put an end to the malpractices in higher education while an overwhelming majority of 80% said that this will lead to wrong precedents in higher education systems which is already over stressed with several constraints and challenges.

Responding to this fear, the Minister said, "The purpose of this Bill (Prohibition of Unfair Practices in Higher Education Institutions Bill 2011) is not to 'harass' the educationists but to make all of them 'honest'," while alluding to unfair practices like capitation fee, multiple fee structures and differential salaries to teachers prevalent in the education system.

Arun Nigavekar, former chairman of University Grants Commission, defined the traits of transformational leaders needed for India. He said their task is to impart 21st century Learning skills to tech savvy youth like--how to learn; make critical judgments; differentiate between good, bad and indifferent; communicate Intelligently and be flexible, adaptable and tolerant to other creeds and cultures.

K B Powar, chancellor, D Y Patil University, Pune debunked the claims of education administrators claiming increased gross enrolment ratio (GER) in the higher education sector by pointing out that GER also includes enrolments in distance learning mode which has a poor pass percentage of 15%.

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Study: Fish in drug-tainted water suffer reaction

BOSTON (AP) — What happens to fish that swim in waters tainted by traces of drugs that people take? When it's an anti-anxiety drug, they become hyper, anti-social and aggressive, a study found. They even get the munchies.

It may sound funny, but it could threaten the fish population and upset the delicate dynamics of the marine environment, scientists say.

The findings, published online Thursday in the journal Science, add to the mounting evidence that minuscule amounts of medicines in rivers and streams can alter the biology and behavior of fish and other marine animals.

"I think people are starting to understand that pharmaceuticals are environmental contaminants," said Dana Kolpin, a researcher for the U.S. Geological Survey who is familiar with the study.

Calling their results alarming, the Swedish researchers who did the study suspect the little drugged fish could become easier targets for bigger fish because they are more likely to venture alone into unfamiliar places.

"We know that in a predator-prey relation, increased boldness and activity combined with decreased sociality ... means you're going to be somebody's lunch quite soon," said Gregory Moller, a toxicologist at the University of Idaho and Washington State University. "It removes the natural balance."

Researchers around the world have been taking a close look at the effects of pharmaceuticals in extremely low concentrations, measured in parts per billion. Such drugs have turned up in waterways in Europe, the U.S. and elsewhere over the past decade.

They come mostly from humans and farm animals; the drugs pass through their bodies in unmetabolized form. These drug traces are then piped to water treatment plants, which are not designed to remove them from the cleaned water that flows back into streams and rivers.

The Associated Press first reported in 2008 that the drinking water of at least 51 million Americans carries low concentrations of many common drugs. The findings were based on questionnaires sent to water utilities, which reported the presence of antibiotics, sedatives, sex hormones and other drugs.

The news reports led to congressional hearings and legislation, more water testing and more public disclosure. To this day, though, there are no mandatory U.S. limits on pharmaceuticals in waterways.

The research team at Sweden's Umea University used minute concentrations of 2 parts per billion of the anti-anxiety drug oxazepam, similar to concentrations found in real waters. The drug belongs to a widely used class of medicines known as benzodiazepines that includes Valium and Librium.

The team put young wild European perch into an aquarium, exposed them to these highly diluted drugs and then carefully measured feeding, schooling, movement and hiding behavior. They found that drug-exposed fish moved more, fed more aggressively, hid less and tended to school less than unexposed fish. On average, the drugged fish were more than twice as active as the others, researcher Micael Jonsson said. The effects were more pronounced at higher drug concentrations.

"Our first thought is, this is like a person diagnosed with ADHD," said Jonsson, referring to attention deficit-hyperactivity disorder. "They become asocial and more active than they should be."

Tomas Brodin, another member of the research team, called the drug's environmental impact a global problem. "We find these concentrations or close to them all over the world, and it's quite possible or even probable that these behavioral effects are taking place as we speak," he said Thursday in Boston at the annual meeting of the American Association for the Advancement of Science.

Most previous research on trace drugs and marine life has focused on biological changes, such as male fish that take on female characteristics. However, a 2009 study found that tiny concentrations of antidepressants made fathead minnows more vulnerable to predators.

It is not clear exactly how long-term drug exposure, beyond the seven days in this study, would affect real fish in real rivers and streams. The Swedish researchers argue that the drug-induced changes could jeopardize populations of this sport and commercial fish, which lives in both fresh and brackish water.

Water toxins specialist Anne McElroy of Stony Brook University in New York agreed: "These lower chronic exposures that may alter things like animals' mating behavior or its ability to catch food or its ability to avoid being eaten — over time, that could really affect a population."

Another possibility, the researchers said, is that more aggressive feeding by the perch on zooplankton could reduce the numbers of these tiny creatures. Since zooplankton feed on algae, a drop in their numbers could allow algae to grow unchecked. That, in turn, could choke other marine life.

The Swedish team said it is highly unlikely people would be harmed by eating such drug-exposed fish. Jonsson said a person would have to eat 4 tons of perch to consume the equivalent of a single pill.

Researchers said more work is needed to develop better ways of removing drugs from water at treatment plants. They also said unused drugs should be brought to take-back programs where they exist, instead of being flushed down the toilet. And they called on pharmaceutical companies to work on "greener" drugs that degrade more easily.

Sandoz, one of three companies approved to sell oxazepam in the U.S., "shares society's desire to protect the environment and takes steps to minimize the environmental impact of its products over their life cycle," spokeswoman Julie Masow said in an emailed statement. She provided no details.

___

Online:

Overview of the drug: http://www.nlm.nih.gov/medlineplus/druginfo/meds/a682050.html

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Passengers Start to Get Off Disabled Cruise Ship

The ordeal of the disabled Carnival Triumph cruise ship carrying 4,000 passengers and crew appeared to be almost over, with people starting to disembark in Mobile, Ala., after days at sea without power in often squalid conditions.

After the ship arrived at port around 9:30 p.m. local time (10:30 p.m. ET), Carnival president and CEO Gerry Cahill praised the ship's crew and told reporters that he was headed on board to apologize directly to its passengers.

Passengers appeared to begin disembarking around 10:15 p.m. CT (11:15 p.m. ET).

The Carnival Triumph departed Galveston, Texas, Thursday and lost power Sunday after a fire in the engine room disabled the vessel's propulsion system and knocked out most of its power.

After power went out, passengers texted ABC News that sewage was seeping down the walls from burst plumbing pipes, carpets were wet with urine, and food was in short supply. Reports surfaced of elderly passengers running out of critical heart medicine and others on board squabbling over scarce food.

"I know the conditions on board were very poor," Cahill said. "I know it was very difficult, and I want to apologize again for subjecting our guests for that. ... Clearly, we failed in this particular case."

It could take up to five hours to get everybody off the huge ship.

"Inside the terminal, there's also warm food available," said Terry Thornton, Carnival's senior vice president of marketing. "There are blankets, there are cell phones and refreshments available for the guests that need that or want that assistance.

Passengers will have the options of boarding buses to Houston or Galveston, Texas, about seven hours away, or New Orleans, about two hours away, officials said.

"We have gotten our guests back to land," Cahill said. "Now, we need to get them home. ... The full resources of Carnival are working from here to get them home as quickly as we possibly can."

Stranded Carnival Cruise Ship On Its Way to Port Watch Video

Carnival Cancels All Scheduled Voyages Aboard the Triumph Watch Video

Carnival Cruise Ship Making Its Way to Port Watch Video

At an earlier news conference this afternoon, Thornton said that anyone with special needs and children will be the first to get off the boat. He said the company's No. 1 priority is to make the process as "quick, efficient and comfortable" for guests as possible.

"There are some limitations. We know that up front," Thornton said. "The ship still does not have power. We only have one functioning elevator aboard."

Click here for photos of the stranded ship at sea.

The passengers were achingly close to port about noon today as the ship began to enter the channel and proceed to the cruise terminal. At 1 p.m., the lead tow boat had a tow gear break, so a spare tug boat that was on standby had to be sent in to replace it.

But once the second tug was in position and the lines were re-set, the towing resumed only briefly before the tow line snapped.

"We had to replace that tow line, so the ship did not begin progressing back into the cruise terminal until 2 p.m.," Thornton said

Passengers desperate to get off the vessel waved at media helicopters that flew out to film the ship and passenger Rob Mowlam told ABCNews.com by phone today that most of the passengers on board were "really upbeat and positive."

Nevertheless, when he gets off Mowlam said, "I will probably flush the toilet 10 times just because I can."

Mowlam, 37, got married on board the Triumph Friday and said he and his wife, Stephanie Stevenson, 27, haven't yet thought of redoing the honeymoon other than to say, "It won't be a cruise."

Alabama State Port Authority Director Jimmy Lyons said that with powerless "dead ships" like the Triumph, it is usually safer to bring them in during daylight hours, but, "Once they make the initial effort to come into the channel, there's no turning back."

"There are issues regarding coming into the ship channel and docking at night because the ship has no power and there's safety issues there," Richard Tillman of the Mobile Bay Convention and Visitors Bureau told ABCNews.com.

When asked if the ship could be disembarked in the dark of night, Tillman said, "It is not advised. It would be very unusual."

Thornton denied the rumors that there was a fatality on the ship. He said that there was one illness early on, a dialysis patient, but that passenger was removed from the vessel and transferred to a medical facility.

The U.S. Coast Guard was assisting and there were multiple generators on board. Customs officials were to board the ship while it was being piloted to port to accelerate the embarkation, officials said.

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Key U.S. general backs keeping Afghan forces at peak strength

WASHINGTON (Reuters) - The U.S. general nominated to oversee a vast region that includes Afghanistan on Thursday backed keeping Afghan forces at a peak strength of 352,000, contrary to current plans to shrink them after NATO declares the war over next year.

General Lloyd Austin, nominated to lead the U.S. military's Central Command, said at his Senate confirmation hearing that a more robust Afghan force, while more costly, would "hedge against any Taliban mischief" following America's longest war.

"Keeping the larger-size force would certainly reassure the Afghans, it would also reassure our NATO allies that we remain committed," Austin said.

The comments came two days after President Barack Obama announced in his State of the Union address that 34,000 U.S. troops - roughly half of the current U.S. force in Afghanistan - would be withdrawn by early 2014.

Obama reassured Americans that the costly, unpopular war was coming to an end, but he left unanswered bigger questions about America's exit strategy, including how many U.S. troops would stay in the country beyond 2014 to help train and advise the Afghans and to battle remnants of al Qaeda.

Obama also did not discuss the future size of the Afghan forces, although a White House fact sheet sent out after his address noted they would remain at 352,000 until "at least" early 2015.

Austin warned the Taliban would be waiting to test them.

"You could reasonably expect that an enemy that's been that determined, that agile, will very soon after we transition begin to try to test the Afghan security forces," Austin said.

Under current plans, the United States and its NATO allies will help build up the Afghan armed forces to 352,000 personnel, a number they are approaching, but the size of the force - which the allies will continue to fund - will be trimmed to 230,000 after 2015.

ECHOES OF IRAQ

The hearing frequently moved away from questions about the Afghan war and other current events to questions about Austin's past role as commander in Iraq, when a failure to strike an immunity deal for U.S. troops led to their total withdrawal in 2011.

Obama administration officials have warned that failure to strike an immunity deal with Afghanistan would also result in a pullout, but Afghan President Hamid Karzai and U.S. officials have expressed confidence a deal can be reached.

Republicans, who have criticized Obama's drawdown strategy in Afghanistan, noted that the president would have left a much smaller force in Iraq than Austin recommended, even if a deal had been struck.

Senator John McCain of Arizona lamented the lack of a U.S. presence in Iraq.

Pressed by Republicans, Austin acknowledged that the situation in Iraq was trending in a "problematic" direction, and agreed that a continued U.S. role would have helped bolster Iraqi forces.

When it came to Afghanistan, Senator Lindsay Graham of South Carolina warned Austin that if Obama sought an insufficient force for the post-2014 mission, he would refuse to vote for funding the war effort.

"It can be as low as 9 or 10,000, that I will stand with them," Graham said.

"If they overrule the commanders and create a force that cannot in my view be successful, I cannot in good conscience vote to continue this operation."

Graham said he would vote for Austin's confirmation once Austin spoke with the former commander of the Afghan mission, General John Allen, about his recommendations to Obama and reported back to the committee about his opinion.

(Reporting by Phil Stewart; Editing by David Brunnstrom)

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Maldives ex-leader issues demands from Indian embassy

MALE: Former Maldivian leader Mohamed Nasheed, who has taken refuge at the Indian embassy in the capital to evade arrest, has demanded the dropping of charges against 800 party workers, his spokeswoman said Thursday.

Mariya Didi also said Nasheed wanted India to take a lead in securing an end to the political crisis in the Indian Ocean atoll nation.

Nasheed insisted that "politically motivated" charges against over 800 Maldivian Democratic Party (MDP) activists be dropped ahead of elections scheduled for September, Didi told AFP.

"We are asking all politically motivated charges including that against president Nasheed, MDP parliamentarians, MDP councillors, party officials and key party workers be dropped," she said.

In a statement issued on Wednesday night from the besieged Indian diplomatic compound, Nasheed reiterated long-standing calls for his successor Mohamed Waheed to resign and allow a caretaker government to organise the elections.

"Waheed should do the right thing and resign from office," Nasheed said.

"An interim, caretaker government should be established that can lead the Maldives to genuinely free and fair elections, in which all candidates are freely able to compete."

Nasheed sought refuge at the Indian High Commission as police tried to execute a court order seeking his arrest for failing to turn up at his trial on Sunday. Nasheed had been visiting India at the time.

The new crisis comes amid political turbulence in the up market holiday destination a year after Nasheed, the nation's first democratically elected leader, was ousted by violent protests and a mutiny by police and security forces.

"Mindful of my own security and stability in the Indian Ocean, I have taken refuge at the Indian High Commission in Maldives," Nasheed wrote on Twitter a few hours after seeking safety in the embassy building on Wednesday.

Armed police have been standing outside diplomatic compound.

Nasheed has repeatedly claimed that his trial was a politically motivated attempt to prevent him from leading his Maldivian Democratic Party into polls in September. A conviction would disqualify him.

-AFP/fl

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Hyderabad is the world’s second most affordable office market: Survey

BANGALORE: Hyderabad is the world's second most affordable office market after Surabaya in Indonesia, according to a survey, while Chennai and Pune are at fifth and sixth positions, reinforcing India's reputation as among the cheapest destinations for foreign firms to set up operations.

"Tier II cities in China and India continue to dominate the list of top-10 most affordable markets globally," said a survey by consultancy firm DTZ, which measured occupancy costs per workstation in 126 business districts across 49 countries in 2012.

"2012 has seen office space absorption rates across Indian cities drop by a fifth. We expect the office space absorption to be stable in the current year, driven by signs of overall improvement in global and domestic economies. Rentals are also expected to appreciate across the country," said Rohit Kumar, head of research at DTZ India.

According to the survey, it costs companies between $2,620 (about Rs 1.41 lakh) and $9,810 (Rs 5.27 lakh) per annum per employee in the top six Indian cities to set up operations, compared with $23,500 (Rs 12.63 lakh) per workstation in London West End.

China's Chongqing and Nanjing, followed by Cancun in Mexico, also figure among the ten most affordable markets. As per the report, a majority of markets in North Asia and India saw a 2-10 per cent rise in occupancy costs. This has forced occupiers in many markets to increasingly consider secondary space, particularly where prime space is limited to cut cost.

The total commercial office space absorption for the quarter ended December 2012 was 6.8 million sq ft, a decrease of 19 per cent compared with the previous year. Vacancies across cities are expected to rise in 2013, except Bangalore, a recent report by DTZ India said.

"Companies continue to consolidate and relocate to less premium locations. Many firms are now looking to cut real estate costs, which comprises 22-27 per cent of the total operational expenditure, the second biggest component after human resource," said Sridhar Raghavendra, founder of FM Zone India, a real estate and facility management firm.

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South Korea unveils missile it says can hit North's leaders

SEOUL (Reuters) - South Korea unveiled a cruise missile on Thursday that it said can hit the office of North Korea's leaders, trying to address concerns that it is technologically behind its unpredictable rival which this week conducted its third nuclear test.

South Korean officials declined to say the exact range of the missile but said it could hit targets anywhere in North Korea.

The Defence Ministry released video footage of the missiles being launched from destroyers and submarines striking mock targets. The weapon was previewed in April last year and officials said deployment was now complete.

"The cruise missile being unveiled today is a precision-guided weapon that can identify and strike the window of the office of North Korea's leadership," ministry spokesman Kim Min-seok said told reporters.

North Korea has forged ahead with long-range missile development, successfully launching a rocket in December that put a satellite into orbit.

The North's ultimate aim, Washington believes, is to design an intercontinental ballistic missile capable of carrying a nuclear warhead that could hit the United States.

North Korea, which accuses the United States and its "puppet", South Korea, of war-mongering on an almost daily basis, is likely to respond angrily to South Korea flexing its muscles.

North Korea, technically still at war with the South after their 1950-53 conflict ended in a truce, not a peace treaty, carried out its third nuclear test on Tuesday, drawing condemnation from around the world including its only major ally China.

The test and the threat of more unspecified actions from Pyongyang have raised tensions on the Korean peninsula as the South prepares to inaugurate a new president on February 25.

"The situation prevailing on the Korean peninsula at present is so serious that even a slight accidental case may lead to an all-out war which can disturb the whole region," North Korea's official KCNA news agency said.

(Reporting by Ju-min Park; Editing by Nick Macfie)

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Japan 'shocked' by IOC wrestling decision

TOKYO: Wrestling power Japan, which swept four gold in London, reacted with dismay Wednesday after Olympic chiefs said the 2020 Games would not include the sport, depriving the country of a rich source of medals.

"I really don't know why. I am so devastated that I don't know what to do," said Saori Yoshida, Japan's undisputed wrestling queen who has won a record 13 straight Olympic and world championship gold medals over 10 years.

Yoshida, a 55kg-class freestyle wrestler who last year received the government's "People's Honour Award" for her achievements, is the face of Tokyo's campaign for the right to host the 2020 Games.

The decision to drop wrestling, taken by the 15 members of the International Olympic Committee (IOC) executive board, has yet to be ratified by all members of the body, but leaves the sport fighting with seven other disciplines for the vacant spot in seven years' time.

Japan Wrestling Federation chairman Tomiaki Fukuda expressed his frustration at the decision.

"I am really shocked. I have no idea why they decided this," Fukuda said in an interview with TV Asahi.

He has also said on the federation's website: "I am dissatisfied and baffled. I want to know the reasons why the IOC removed wrestling."

Local media dubbed the IOC decision a "crisis for Japan's strong suit".

Chief Cabinet Secretary Yoshihide Suga also expressed disappointment at the IOC vote.

"Wrestling is one of Japan's strongest sports," he said. "It is said to be the oldest sport in the world... The decision is very disappointing."

This is the latest blow to Japanese sport after the national women's judo coach resigned in disgrace after admitting he had physically beaten his athletes as he tried to discipline them.

That scandal came just weeks after a schoolboy killed himself after repeatedly being subjected to violence by his basketball coach.

-AFP/gn

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