The U.S. needs to turn up the heat on sanctions against North Korea, experts said on Tuesday after the reclusive nation fired a missile that flew over Japan, sharply escalating tensions in the region. “It’s long past time to increase sanctions,” said Bruce Klingner, a senior research fellow at conservative think tank The Heritage Foundation […]
Read moreAsia Pacific has no dearth of digital-payment options as smartphone ownership picks up, but cash is still king in most of the region’s major markets, according to a new study from PayPal. The report, titled “Digital Payments: Thinking beyond Transactions,” found 57 percent of the respondents said they preferred cash for their day-to-day transactions. Another […]
Read moreNorth Korea launched a ballistic missile that passed right over Japan, and that’s set markets on high alert, with four big movers. U.S. stock futures were a big early mover, with the Dow Jones industrial average mini futures dropping as much as 147 points to 21,644 in a knee-jerk reaction. That compared with the index’s […]
Read moreThe top U.S. and South Korean military officers agreed to make a strong response to North Korea’s latest ballistic missile launch on Tuesday, including possible unspecified military measures, South Korea’s Yonhap news agency said. The chairmen of both countries’ Joint Chiefs of Staff agreed on a phone call “to take response measures at the earliest […]
Read moreUN Security Council wastes no time, plans to meet late Tuesday to discuss North Korea missile launch
The United Nations Security Council will meet late Tuesday to discuss the latest North Korea missile launch, Reuters reported, citing diplomats. North Korea fired a ballistic missile that passed over Japan early Tuesday local time, Prime Minister Shinzo Abe told reporters. A South Korean military official told NBC News that the missile was fired around […]
Read moreCall it a conundrum. Despite North Korea launching a ballistic missile that passed over Japan, in what Japan’s Prime Minister Shinzo Abe called an “unprecedented, serious and significant threat,” traders still see the yen as a safe-haven play, and they’re pushing the currency higher. The yen has surged, with the dollar fetching as little as […]
Read moreAsian shares fell in early Tuesday trade as investors turned to safe-haven assets and U.S. futures opened lower after North Korea fired a missile. Japan’s Nikkei 225 dropped 0.72 percent in early trade after a North Korean missile flew over the country early on Tuesday. Japanese Prime Minister Shinzo Abe said in a statement that […]
Read moreNorth Korea fired a ballistic missile that passed over Japan early Tuesday, and Prime Minister Shinzo Abe had strong words about its gravity. Abe said the missile was an unprecedented, serious and grave threat to Japan. The Japanese prime minister also said he would ask the United Nations to up the pressure on Pyongyang. A […]
Read moreWhile Uber’s choice for CEO, Dara Khosrowshahi, may seem less familiar than choices like Meg Whitman or Jeff Immelt, Khosrowshahi knows who matters. Sources told CNBC he’s seen as a very qualified and respected choice for Uber’s CEO. “He’s got an extraordinarily deep network,” said Brad Gerstner, founder and CEO of investment firm Altimeter Capital, […]
Read moreAmazon's web site will be flooded with Whole Foods brands, meaning more competition for food sellers
That was fast! On Monday, Amazon Fresh began selling hundreds of new items from Whole Foods’ house brands, including fancier fare and bath products from Whole Foods Market, staples from 365 Everyday Value, and pet foods from Whole Paws. The influx of new products to Amazon’s e-grocery service spells competition for the fresh food and […]
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