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| Jaitley promises better tax regime for companies |
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 By Manoj Kumar NEW DELHI (Reuters) - Finance Minister Arun Jaitley struck a conciliatory tone towards investors on Friday, promising to tax corporate profits at competitive rates and saying the government would do all in its power to implement a new goods and services tax (GST) on time. Foreign portfolio investors have complained about surprise tax claims and, during a news conference to mark Prime Minister Narendra Modi's first year in power, Jaitley said a judicial resolution was in the works. Modi's Bharatiya Janata Party had accused the previous Congress-led government of "tax terrorism".
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| Court frees ex-Korean Air executive in 'nut rage' case |
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 By Ju-min Park SEOUL (Reuters) - Former Korean Air Lines executive Heather Cho walked free after nearly five months in prison on Friday after an appeals court suspended the sentence she was given for her outburst over the way she had been served macadamia nuts. Cho, the daughter of the airline's chairman, was sentenced in February to one year in prison over the Dec. 5 incident at New York's John F. Kennedy airport, where she forced a plane to return to its gate in order to expel the flight's crew chief. The "nut rage" case provoked mirth as well as outrage in South Korea, where many people are fed up with what they see as heavy-handed conduct by the rich and powerful.
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| A year after Thai coup, stability trumps growth for business |
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 By Amy Sawitta Lefevre and Panarat Thepgumpanat BANGKOK (Reuters) - When Thailand's army seized power in a bloodless coup, much of the business establishment quietly cheered them on. A year on, the captains of Thai industry remain firmly behind the junta, despite a lacklustre economy and a delayed return to democracy. At the very least it has made the country peaceful and it has brought order," Poj Aramwattanont, President of Thai Frozen Foods Association (TFFA), told Reuters.
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