Cooperation between China and the United States will lead to a win-win outcome for both sides, but confrontation will result in mutual losses, China said on Tuesday, after the United States branded it a competitor seeking to challenge U.S. power. China hopes the United States can abandon its mentality of zero-sum games and seek common […]
Read moreThere’s no doubt that people are in a frenzy over cryptocurrencies. Not just bitcoin, but ether and litecoin and a number of others have seen huge gains this year. The interest in cryptocurrencies as a whole, and the hundreds of thousands of people signing up to platforms like Coinbase, has led to investors pouring money […]
Read moreThe risk of a North Korean nuclear meltdown can’t be ignored, according to a recent note published on 38North, a project of the US-Korea Institute at Johns Hopkins School of Advanced International Studies. Longstanding doubts over the hermit kingdom’s nuclear safety resurfaced in July, when a video emerged of leader Kim Jong Un smoking a […]
Read moreNorth Korea typically evokes images of its bellicose dictator Kim Jong Un or ordinary citizens struggling to make ends meet against the backdrop of crippling economic sanctions. Geoffrey See wants to change that. See is a former management consultant at Bain who gave up a lucrative career to bet big on North Korea’s business potential. […]
Read moreIn contrast to the often-heard doomsday commentaries that robots will replace human workers, research firm Gartner predicts that artificial intelligence may actually create more jobs than it’s expected to eliminate. By 2020, artificial intelligence (AI) will generate 2.3 million jobs, exceeding the 1.8 million that it will wipe out, the company said in a recent […]
Read moreAustralia’s central bank has become more confident about the economic outlook in recent months, but weakness in consumer spending remains a “significant risk” amid slow income growth and high debt levels. Minutes of the Reserve Bank of Australia’s December meeting showed policymakers again balanced subdued inflation against record high household debt while leaving interest rates […]
Read moreThe Trump administration is expected on Tuesday to publicly blame North Korea for unleashing a cyber attack that crippled hospitals, banks and other companies across the globe earlier this year, said two sources familiar with the matter. The accusation that the North Korean government was behind the so-called WannaCry attack comes as worries mount about […]
Read moreWestern countries are growing increasingly cautious of China’s Communist Party. Officials in the U.S., Australia, New Zealand and Germany — major recipients of Chinese foreign direct investment — have been questioning the extent of Beijing’s interference on their home turfs amid recent developments that suggest rising Chinese clout. Last Wednesday, the U.S. Congressional-Executive Commission on […]
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