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WASHINGTON U.S. President Donald Trump has responded to the new South Korean president’s advocacy of talks with North Korea by saying he does not oppose discussions, but reiterated that the circumstances must be right, according to a transcript of an NBC interview. Moon Jae-in’s advocacy of engagement with North Korea has appeared to contrast with the approach of the United States, South Korea’s main ally, which has […]

By William Schomberg and David Lawder | BARI, Italy BARI, Italy Finance chiefs from some of the world’s richest nations began a two-day meeting in Italy on Friday, with Europe, Japan and Canada hoping to come away with a clearer picture of U.S. President Donald Trump’s plans on important policies. Inequality, international tax rules, cyber security and blocking the funding of terrorism are the focus of the […]

The yield on Chinese five-year government bonds hit its highest since 2014 on Friday, as tight liquidity and a regulatory crackdown on leveraged investment caused a rarely seen inversion of the yield curve. Bond yields, which move inversely to price, have been on the rise since last October as the People’s Bank of China moves to discourage the use of borrowed money for bond investment.  The bond […]

SEOUL North Korea demanded on Friday the extradition of South Korea’s spy chief, accusing him of being a mastermind of a plot to assassinate its leader, Kim Jong Un, with a biochemical weapon. The North’s KCNA state news agency last week accused the U.S. Central Intelligence Agency and South Korea’s National Intelligence Service (NIS) of a plot to assassinate its “supreme leadership” with a biochemical weapon. The […]

Tech Times reported in February that China has increased its budget for its planned space programs and that the country is already designing an advanced and recoverable spacecraft that will be capable of landing on the moon. Now China has already begun preparations for its planned lunar laboratory in collaboration with the European Space Agency by locking in eight volunteers to live and work in a simulated space environment inside […]

Beijing is enjoying an unusually long run of clear blue skies thanks to widespread industrial closures ahead of the most important international event hosted by President Xi Jinping. The “New Silk Road” summit has attracted 29 national leaders from four continents and also prompted a nationwide security clampdown, as authorities try to ensure that it proceeds without a hitch. More than 80 other countries, including North and […]

By Ayesha Rascoe | WASHINGTON WASHINGTON The United States and China will expand trade in beef and chicken and increase access for financial firms, as part of a plan to reduce the massive U.S. trade deficit with Beijing, U.S. Commerce Secretary Wilbur Ross said on Thursday. The deals are the first tangible results of trade talks that began last month after U.S. President Donald Trump and Chinese […]

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While China growth has been slowing, and monetary conditions tightening, few (if any) have predicted any prolonged deflation (let alone a recession), yet overnight – for the first time ever – the $1.7 trillion Chinese bond market inverted, flashing a warning signal to the world that something is wrong. Early on Thursday, the five-year yield rose to 3.71%, breaking above the 10-year yield for the first time […]

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 […]

Manama Bahrain, 11th May 2017 Bahrain Cinema Company, market leaders in the entertainment industry in the Kingdom of Bahrain, announced the launch of the second branch of the authentic Indian and Chinese cuisine restaurant, Takatak, along with a first of its kind Indian street food cuisine restaurant, Chaat & Chai, at Lulu Mall, Hidd on 11th May 2017. A number of exclusively invited VIPs attended the launch […]

In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]

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 […]

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 […]

Stock markets in the Asia Pacific region were mixed on Thursday as energy stocks enjoyed a boost from improved crude prices. In Sydney the S&P/ASX 200 was up 0.7 per cent as energy stocks climbed 1.1 per cent. Shares in major banks were recovering from a drop brought on by a new levy announced on Tuesday night, with National Australia Bank up 1.1 per cent. Tokyo’s Topix […]

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 […]

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 […]

Oil prices extended their gains after a report showed US crude stockpiles fell by the biggest margin since December and were down for the fifth straight week. Inventories of US crude fell by 5.25m barrels in the week ended May 5, according to the Energy Information Administration. That topped forecasts for a draw of 1.9m barrels. This was the largest streak of back-to-back declines in US oil […]

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 […]

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” […]

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