February 16, 2017 by: Bryan Harris in Seoul and Jeevan Vasagar in Kuala Lumpur Police in Malaysia have arrested a second woman as they hunt for suspects over the murder of the brother of North Korean supreme leader Kim Jong Un. A 25-year-old woman holding an Indonesian passport was apprehended early on Thursday morning on the basis of identification from CCTV footage, the police said in a […]
Japan External Trade Organization highlights health benefits of Japanese diet and the use of authentic Japanese ingredients in World Cuisine at Food Tasting Seminar US$ 51 million worth of Japanese food and beverage exports to the UAE in 2016 Japanese diet considered one of the healthiest in the world Participating in Gulfood 2017 for the fourth consecutive year with over 40 Japanese food companies supports efforts in […]
China ended a six-month streak disposing of its US Treasury holdings in December, adding to its position for the first time since last May as the country’s central bank seeks to manage capital flight. The country, which ceded its status as the world’s largest owner of haven Treasuries in October to Japan, added $9.1bn of US sovereign debt to its reserves in the final month of 2016, […]
Joo Kim Tiah, the son of one of Malaysia’s wealthiest tycoons, sat on stage in the summer of 2013 as his new business partner announced their plans for a C$360m luxury condominium-hotel project on Vancouver’s most prestigious downtown thoroughfare. With characteristic salesmanship, Donald Trump bragged that the 63-storey glass tower on West Georgia Street would be “one of the great buildings, not only in Canada and the […]
The Resident Evil franchise is on a roll this 2017. Following on the heels of the successful Resident Evil 7 game and the Resident Evil: Final Chapter film, Capcom released the second trailer for CG movie Resident Evil Vendetta. The film is due for release on May 27 in Japan, with the U.S. release coming soon after. This is the third CG-animated movie for the franchise; Resident Evil: Degeneration was released […]
Wednesday 14:30 GMT Overview Global equities were on track to close at all-time highs as Wall Street hovers near record levels in the wake of comments from Federal Reserve chair Janet Yellen. And Ms Yellen’s more hawkish than forecast rhetoric has been backed up on Wednesday by stronger than expected US retail sales and inflation data that are pushing up the dollar and bond yields, while leaving […]
TOKYO Toyota Motor Corp (7203.T) said on Wednesday it was recalling all of the roughly 2,800 zero-emission Mirai cars on the road due to problems with the output voltage generated by their fuel cell system. Toyota said that under unique driving conditions, such as if the accelerator pedal is depressed to the wide open throttle position after driving on a long descent while using cruise control, there […]
After a day of chaotic communication, a stock sell-off and a $6.3bn writedown that may destroy one of Japan’s greatest industrial names, the Toshiba president’s bow of apology finally came. Satoshi Tsunakawa’s head nodded for just one perfunctory second on Tuesday. Most assume there will be much deeper, longer bows to come as Toshiba leads investors, customers, employees and Japan as a whole through the country’s first […]
TOKYO Shares in Toshiba Corp (6502.T) tumbled on Wednesday after the conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit and may sell more of its prized flash-memory chip business than planned to urgently raise funds. Scrambling for capital, Toshiba said it would consider selling most, even all, of its stake in the chips business – a decision that has investors questioning […]
SoftBank’s billionaire founder Masayoshi Son, who has boasted of creating the “Berkshire Hathaway of tech”, has thrown himself into the world of private equity and hedge funds with a $3.3bn acquisition of US alternative asset manager Fortress Investment Group. The deal, which follows the Japanese group’s traditional focus on telecoms and internet, comes just as SoftBank is emerging as one of the world’s largest investors with the […]
When Federal Reserve chair Janet Yellen testifies before a Senate committee on the state of the economy on Tuesday, there will be plenty tuning in who believe the epitaph for the three-decade rally in the bond market has been rightly written. US president Donald Trump’s plan to ramp up government spending and axe corporate taxes threatens to accelerate inflation, push up interest rates and widen the deficit […]
WASHINGTON President Donald Trump’s handling of U.S. security information at his Florida resort came under congressional scrutiny on Tuesday as a watchdog panel asked the White House to explain reports that Trump dealt with a sensitive foreign policy issue in view of club guests. Representative Jason Chaffetz, head of the House of Representatives oversight committee, sent a letter asking the White House for details on how Trump […]
DHAKA Bangladesh police on Tuesday shot dead a suspected militant commander and a close aide of the mastermind of the cafe attack last year that killed 22 people, mostly foreigners, a police official said. Police said Abu Musa, 32, was a close associate of Jahangir Alam, one of the masterminds of the July attack who was arrested last month, and wanted for killings of religious minorities and […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. The Tuesday morning news shows were dominated by word that Michael Flynn is out as national security adviser. “Stunning” was the call by the Trump home team at “Fox & Friends.” It proceeded to quote its usual media pinatas in […]
After a five-hour delay, Toshiba has finally unveiled a $6.3bn nuclear writedown. The company announced that Shigenori Shiga, the chairman of Toshiba, will step down after the struggling Japanese industrial group warned that it would book a ¥712.5bn ($6.3bn) writedown to reflect massive cost overruns and delays linked to several nuclear projects in the US. For the full year through March 2017, the company said it anticipates […]
US markets regulators have delayed enforcement of new derivatives rules due to come into effect in two weeks’ time because few of the hundreds of pension funds, insurers and asset managers affected would be ready in time. There were fears that the widespread lack of readiness to comply could have caused market disruption if they were enforced as planned on March 1. The rules require some derivatives […]
By Ned Parker and Ju-min Park | UNITED NATIONS/SEOUL UNITED NATIONS/SEOUL The U.N. Security Council denounced North Korea’s weekend missile launch, urging members to “redouble efforts” to enforce sanctions against the reclusive state, but gave no indications of any action it might take. Pyongyang’s test of the intermediate-range ballistic missile on Sunday was its first direct challenge to the international community since U.S. President Donald Trump took […]
SYDNEY Asian shares inched to 19-month highs on Tuesday as the potential for economic stimulus in the United States underpinned the dollar, bond yields and Wall Street stocks. Yet caution bled into markets ahead of testimony by the head of the Federal Reserve, which could highlight the likelihood of two or more U.S. interest rate hikes this year. Japanese shares also ran into trouble after Toshiba Corp […]
Donald Trump’s embrace of protectionism and opposition to multilateral trade deals has prompted EU leaders to ask how Europe might deepen ties with Asia as a way of bolstering global commerce and safeguarding export markets. Some officials have talked about Europe performing its own trade pivot to Asia as well as other emerging markets. But closer engagement, especially with China, at a time of global economic upheaval […]
“I have quite a record of best of opposite at Westminster,” she said. “I was like, ‘Ahhhh! I broke that barrier.’” Tuggy competed Monday night in the nonsporting group final for a chance at a spot in Tuesday’s best in show but did not advance. Photo Patricia Hearst Shaw, right, after her French bulldogs Tuggy and Rubi won best of breed and best of opposite sex on […]
Tuesday 04:40 GMT. Overview Equities in Asia were struggling ahead of comments by Federal Reserve chair Janet Yellen and as oil prices climbed back from a drop spurred by a report indicating output from the US was set to pick up. Hot topic Stock markets in the region deteriorated in afternoon trading, with Australia’s S&P/ASX 200 flat after giving up an early gain of 0.4 per cent, […]
SEOUL The new type of ballistic missile launched by North Korea on Sunday has a range of more than 2,000 kilometers (1,243 miles), according to South Korea’s intelligence agency, the South’s Yonhap News Agency reported on Tuesday. The solid-fuel missile, which the North said was an upgraded, extended-range version of a submarine-launched ballistic missile, reached an altitude of about 550 km and flew about 500 km towards […]
Apple stock hit a new all-time high on Monday, driven by investor optimism about a coming iPhone sales “supercycle” and hopes that its $230bn in overseas cash might soon be put to greater use. It has taken two years for Apple to surpass its record closing price of $133 in February 2015, despite briefly breaking above that level during intraday trading at $134.54 in April of that […]
WASHINGTON The Pentagon on Monday strongly condemned North Korea’s latest missile test, adding that the United States’ commitment to protect the homeland and allies such as Japan and South Korea was “ironclad.” Pentagon spokesman Captain Jeff Davis told reporters that North Korea’s “unlawful weapons programs” were a clear and grave threat to national security. “We are capable of defending against a North Korean ballistic missile attack and […]
