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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 […]

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. Major Garrett of CBS News is rising to the defense of the extravaganza that is the White House Correspondents’ Association Dinner — and he is nearly convincing. Garrett is a very good, no B.S. reporter who adeptly made the print-to-TV […]

Markets have started this week feeling much relieved, notes Bloomberg’s Richard Breslow, as the understandable fears that U.S.-Asia strategy might continue their lurch toward direct economic confrontation were given a respite. The phone call with Chinese President Xi went better than feared. And once the picture of the Japanese Prime Minister and American President high-fiving on the golf course was passed around, the sighs of relief were […]

|By Matein Khalid| The US Dollar Index has now fallen 3.5% since it peaked on January 3. Donald Trump and his White House aides broke the 20 year taboo against speaking out against the “strong dollar” policy platitudes. The Federal Reserve did not raise interest rates and signaled no rate hike is imminent at the March FOMC. It is significant that the US dollar has fallen against […]

Japan’s yen softened further in early Asian trade on Monday after the country reported slower than expected fourth-quarter growth. The yen slipped 0.8 per cent to ¥114 per dollar, its weakest since January 30, following the release of data showing gross domestic product for the three months to December grew 0.2 per cent quarter on quarter, coming in below estimates of 0.3 per cent growth. The currency […]

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By Jamie McGeever | LONDON LONDON World stocks and bond yields rose on Monday, lifted by a re-emergence of so-called “Trump trades” as investors bet that the U.S. president’s tax reform plans will boost economic growth and corporate profits. Following on from Friday’s record high closes on Wall Street, Asian stocks rallied to 1-1/2-year peaks and European stocks rose for the fifth consecutive session on Monday, their […]

Submitted by Nick Kaman of Letters from Norway Introduction: Norwegians are just now starting to grapple with the effects of their “single cylinder” economy, mostly dependent on oil and gas (ca. 60% of exports). Despite optimism about $50-$70/barrel oil, American crude output is surging, on track to be the highest ever, since 1970, while cracks start to form in OPEC’s latest agreement. In addition to the oil […]

SEOUL North Korea said on Monday it had successfully test-fired a new type of medium- to long-range ballistic missile a day earlier, claiming further advancement in a weapons programme it is pursuing in violation of United Nations resolutions. North Korea fired the ballistic missile on a high arc into the sea early on Sunday, the first test of U.S. President Donald Trump’s vow to get tough on […]

By Tetsushi Kajimoto and Stanley White | TOKYO TOKYO Japan’s economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery. Data on Monday showed the world’s third-largest economy grew an annualized 1.0 percent in October-December, roughly in line with […]

Monday 04:15 GMT Overview Equities climbed and the yen softened after Japan reported gross domestic product figures for the final quarter of 2016 that suggested any monetary policy settings will remain on hold for now. Hot topic Japan’s economy closed out 2016 with growth of 0.2 per cent in the fourth quarter, below estimates of 0.3 per cent despite a boost to exports from a weaker yen […]

By Steve Holland | WASHINGTON WASHINGTON President Donald Trump’s national security adviser, Michael Flynn, is struggling to get past a controversy over his contacts with Russian officials before Trump took office, conversations that officials said have raised concerns within the White House. Top White House officials have been reviewing over the weekend Flynn’s contacts with the Russians and whether he discussed the possibility of lifting U.S. sanctions […]

Top White House aide and policy adviser, Stephen Miller, sidestepped repeated chances during Sunday news shows to publicly defend embattled National Security Adviser Michael Flynn following reports that he engaged in conversations with Russian diplomat(s) about U.S. sanctions before Trump’s inauguration. The uncertainty came as Trump was dealing with North Korea’s apparent first missile launch of the year and his presidency, along with visits this week from […]

Japan’s economy grew at an annualised pace of 1 per cent in the final quarter of 2016 as yen weakness spurred a pick-up in exports and business investment. The figure, which was broadly in line with analysts’ expectations for a 1.1 per cent rise, confirms Japan’s economy is back on track after a wobble last summer. Robust growth will reinforce the political popularity of Prime Minister Shinzo […]

It was a weekend that included an intimate golf outing of more than four hours; a lavish Saturday night dinner; and an unexpected joint statement on North Korea’s missile launch. Yet even more notable was what the two-day summit between Donald Trump and Japan’s Shinzo Abe did not include — controversy. Three weeks into his presidency, Mr Trump appears to be adopting a more traditional US foreign […]

Sarah Tew iPad sales are awful. Truly awful, and while CEO Tim Cook might be bullish about the tablet’s future, Apple desperately needs to do something to turn sales around if it’s going to come off life support. Must read: Does your iPhone have a battery drain problem? “We’ve got some exciting things coming on iPad,” Cook said during Apple’s last financial conference call, “and I’m optimistic […]

By Ju-min Park and Matt Spetalnick | SEOUL/WASHINGTON SEOUL/WASHINGTON North Korea fired a ballistic missile into the sea early on Sunday, the first such test since U.S. President Donald Trump was elected, and his administration indicated that Washington would have a calibrated response to avoid escalating tensions. The test was likely to have been of an intermediate-range Musudan-class missile that landed in the Sea of Japan, according […]

TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion yen on a U.S. nuclear unit that came to light in late 2016. During the year-earlier period, Toshiba lost a similarly significant 479.4 billion yen. […]

With the news cycle clearly far less interested in Trump’s golf game or Abe’s handicap, just before 8am local time (6pm ET), North Korea decided to provide CNN with some “exciting” news when it fired a ballistic missile into the sea off its east coast, South Korea’s military said, in what was the latest test of Trump’s resolve to retaliate to North Korean provocations. This was the […]

WASHINGTON President Donald Trump pushed back early on Saturday on assertions that the wall he wants built on the U.S. border with Mexico would cost more than anticipated and said he would reduce the price. Trump made his comments in two Twitter posts but did not say how he would bring down the cost of the wall. Reuters on Thursday published details of an internal report by […]

At the annual Japan Amusement Expo, Konami unveiled a spinoff for the long-running Bomberman franchise in the form of arcade-only game Bombergirl. It has been more than 20 years since Konami has released a Bomberman game for the arcades, and with Bombergirl, the franchise is back in the scene with a bang. Bombergirl Revealed For Arcades Bombergirl is a co-op arcade game that pits players in four-on-four battles, with Konami describing […]

Friday 21:00 GMT Overview US stocks and industrial commodities were riding high and the dollar forged ahead at the end of a week in which an outbreak of worries over forthcoming European elections was replaced by renewed bullishness about the policies of Donald Trump, US president. The more confident mood was also driven by optimism about corporate earnings and evidence of strong trade growth in China. Hot […]

By Ayesha Rascoe | JUPITER, Florida JUPITER, Florida President Donald Trump and Japanese Prime Minister Shinzo Abe hit the links on Saturday, as the two leaders looked to forge a bond over a round of golf diplomacy. Trump and Abe played under mostly clear skies at Trump National Golf Club in Jupiter, Florida. The White House did not immediately say whether anyone else joined them and reporters […]

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Just in:
Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // OpenAI introduces GPT-6 Cyber with restricted security access // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // OpenAI abandons secrecy agreements for future data centres // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Ousted top Kochi cop gets IG post // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // CM disputes Vijayan’s claims // Motorola introduces Signature 27 flagship priced at $1,599 // UK air traffic outage inflicted £33m financial losses // Private varsities bill all set to face the axe // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Kochi police detain two actors over bid to honey trap doctor // Microfinance case trouble for Vellappally // Excise chief shunted out in bar licence dispute // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // Millions Of Indians May Soon Be Deprived Of Government Assistance // Technology shares plunge as Nasdaq enters correction // Elephant calf on death line airlifted for treatment in Gujarat //