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By Ju-min Park and Christine Kim | SEOUL SEOUL South Korea’s new president launched international efforts to defuse tension over North Korea’s weapons development on Thursday, urging both dialogue and sanctions while also aiming to ease China’s anger about a U.S. anti-missile system. Moon Jae-in, a liberal former human rights lawyer, was sworn in on Wednesday and said in his first speech as president he would immediately […]

Moon Jae-in’s presidency of South Korea began with admirable pledges to handle an unpredictable and belligerent next-door neighbour, North Korea, and tackle economic problems. He will also tackle broader regional tensions, China’s outrage at the United States THAAD missile defence system in South Korea and rising fears over that same northern neighbour‘s nuclear programme. But one other challenge may be almost as crucial in determining the success […]

For the 3rd month in a row, US Producer Prices have risen at a faster rate than The Fed’s mandate. April healdine PPI rose 2.5% YoY – the most since Feb 2012, and well above the highest anayst estimate, despite disinflationary credit impulse pressures from China being seen in industrial metals. The biggest driver is surging costs for investment advice! Core PPI (ex food and energy) rose […]

SEOUL North Korea demanded on Thursday the handover of “terror suspects” who plotted to kill leader Kim Jong Un with a biochemical substance, repeating accusations it made last week that U.S. and South Korean spies were behind the plan. The North’s KCNA news agency last week accused the U.S. Central Intelligence Agency and South Korea’s National Intelligence Service of a plot to assassinate its “supreme leadership” with […]

Skywatchers are in for a wonderful treat on May 10, Wednesday, from the May full moon, also known as the Flower Moon. The nighttime spectacle happens at 5:42 p.m. Eastern time, where the moon appears in the constellation Libra and shows off its moment of fullness afterwards. While everyone in the Northern Hemisphere won’t be able to see the moon in this full display, those in the […]

By James Pearson and Ju-min Park | SEOUL SEOUL Like many other Americans who came to teach at the foreign-funded Pyongyang University of Science and Technology (PUST), Kim Hak Song was a Christian missionary who raised money from a church to come to North Korea. Kim had been running PUST’s experimental farm before he was detained on Saturday, travelling by train from Pyongyang to China’s border town […]

Authored by Whitney Webb via TheAntiMedia.org, When the U.S. overthrew the Taliban in the wake of 9/11 as part of its newly launched “war on terror,” it set the stage for the explosive growth of Afghanistan’s dying opium industry. A few short months before the invasion took place, the Taliban made headlines for having “dramatically ended the country’s massive opium trade” after the leader of the fundamentalist […]

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By Ben Blanchard | BEIJING BEIJING When leaders of 28 nations gather in Beijing next week for a summit to map out China’s ambitious new Silk Road project, one question is likely to be on attendees’ minds – what exactly is the Belt and Road Initiative? Proposed in 2013 by President Xi Jinping to promote a vision of expanding links between Asia, Africa and Europe underpinned by […]

A consortium led by Macquarie Group is buying a controlling stake in one of Australia’s biggest public energy companies in a deal that will deliver a A$7.6bn windfall to the New South Wales government.  The sale of a 50.4 per cent stake in Endeavour Energy to the Advance Energy consortium completes a trio of energy sales in NSW under an “asset recycling” policy, which the US administration […]

By Douglas Busvine | DHARAMSALA, India DHARAMSALA, India Top U.S. lawmakers delivered a blunt message to China on Wednesday that they would not relent in their campaign to protect human rights in Tibet, calling for legislative and trade steps to press home their point. Nancy Pelosi, leading a bipartisan Congressional delegation to meet the Dalai Lama, vowed to stand by the exiled Tibetan spiritual leader even as […]

Xped executive chairman Athan Lekkas (Image: Supplied) Australian Securities Exchange-listed Internet of Things (IoT) company Xped has announced that it is purchasing fellow Adelaide-based artificial intelligence (AI) company Jemsoft for AU$200,000 in cash and 50 million Xped shares. The total value of the deal comes to AU$900,000, with Xped shares priced at 14 cents per share. In addition to acquiring all of Jemsoft’s intellectual property — including […]

SHANGHAI China is testing the ability for future astronauts to stay on the moon for extended periods, as Beijing accelerates its space programme and looks to put people on the surface of the moon within the next two decades. The official Xinhua news agency said volunteers would live in a “simulated space cabin” for between 60-200 days over the next year helping scientists understand what will be […]

Just hours after the Fed’s March “dovish” rate hike, when stocks paradoxically surged to all time highs and yields tumbled, Goldman found something strange: “surprisingly, financial markets took the meeting as a large dovish surprise—the third-largest at an FOMC meeting since 2000 outside the financial crisis, based on the co-movement of different asset prices.” Even more surprising is that according to Goldman, its financial conditions index, “eased […]

Senators from both sides of the aisle wrote to President Donald Trump on Wednesday urging him to take a tougher line with Beijing in the South China Sea, calling for more U.S. naval patrols to uphold navigation rights in the disputed waterway. The appeal, backed by three Republicans and four Democrats, reflects growing concern in Congress that the Trump administration could be ceding strategic ground to China […]

BEIJING China said on Wednesday it had complained to the United States after a U.S. Congressional delegation visited exiled Tibetan spiritual leader the Dalai Lama at his headquarters in India this week. House Democratic Leader Nancy Pelosi flew with a bipartisan delegation to the Himalayan hill town where the 81-year-old Buddhist leader is based, seeking to draw world attention to human rights in Tibet as President Donald […]

ZURICH ChemChina [CNCC.UL] has won around 82 percent support from Syngenta shareholders for its $43 billion takeover of the Swiss pesticides and seeds group, China’s biggest foreign acquisition to date, the two companies said on Wednesday. Definitive interim results of the tender showed around 82.2 percent of Syngenta shares and depository receipts had been offered, slightly above the level the partners had announced last week when ChemChina […]

BEIJING The Chinese government said on Wednesday that the health of people in Taiwan is not being put at risk by Taiwan’s inability to attend a U.N. health meeting this year as there is no barrier to technical or medical exchanges and aid. Self-ruled Taiwan has accused Beijing of obstructing its efforts to attend the May 22-31 annual meeting in Geneva of the World Health Assembly, the […]

BEIJING Chinese President Xi Jinping on Wednesday congratulated Moon Jae-in on winning the election to become South Korean’s new president, state news agency Xinhua said. The brief report provided no other details. (Reporting by Ben Blanchard; Editing by Michael Perry) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also […]

By Sue-Lin Wong | HUNCHUN, China HUNCHUN, China In August, 2014, planners in the northeastern Chinese city of Hunchun argued in state media that it should be included in the “One Belt, One Road” project, Beijing’s vision laid out the previous year of a new Silk Road across Asia to Europe. In 2015, the official Xinhua news agency ran stories about how Hunchun was accelerating its “OBOR” […]

DUBAI, May 9  Expo 2020 Dubai has chosen leading global logistics firm UPS to handle the logistics operations for Expo 2020 Dubai, which is expected to attract millions of visitors over its six-month duration. With more than 180 countries expected to participate and hundreds of thousands of visitors on peak days, the next World Expo will be one the most complex logistics projects UPS has tackled. As […]

By Se Young Lee and Ju-min Park | SEOUL SEOUL South Korea’s liberal leader Moon Jae-in will take the oath of office as president on Wednesday, tasked with navigating the country out of rising geopolitical tensions over North Korea’s nuclear programme and the risk of a rift with the United States. Moon, 64, is expected to announce major cabinet and presidential staff appointments as early as Wednesday […]

By Giulia Segreti | MILAN MILAN Former U.S. President Barack Obama said on Tuesday he was confident that the United States would keep moving “in the right direction” on climate change, although the process might slow down under the current administration. Before taking office, President Donald Trump pledged to cancel a deal signed by nearly 200 countries in Paris in 2015, which aims to limit rising temperatures […]

Back to normal, for now… South African stocks hit an 11-month high on Tuesday, as markets calm a month after the surprise ousting of the country’s finance minister, but analysts warned that political worries could rear their heads again soon. The FTSE/JSE All-Share index climbed 1 per cent today, hitting a high of 54,255, its highest level since June 2016. Bank stocks, which were particularly badly hit […]

BEIJING China’s military has conducted live-fire drills and weapons tests in the northeastern Bohai Sea close to the Korean peninsula, the country’s defence ministry said on Tuesday. In a brief statement late on Tuesday, the ministry said the tests of new missiles and weapons were carried out by the People’s Liberation Army’s Rocket Force “in recent days” and were designed to raise operational capability so as to […]

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Just in:
UK air traffic outage inflicted £33m financial losses // OpenAI identifies 948 Linux privilege escalation flaws using AI // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Oil advances towards $100 as tanker attacks persist // Emaar approves Development buyout ahead of planned delisting // Dubai boat show confirms international shipyard line-up for November // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Technology shares plunge as Nasdaq enters correction // Meraas showcases five residential zones at Dubai Design Week // Cloudflare unveils Zero Wire vulnerability intelligence service // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Private varsities bill all set to face the axe // APT29-linked campaign exploits outdated Apple and Android software // OpenAI introduces GPT-6 Cyber with restricted security access // Dubai details five-year visa benefits for returning visitors // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 //