The Trump administration has made trade deficits the yardstick for measuring the success of trade deals, but that’s a miscalculation, analysts said. President Donald Trump has applied labels such as a “disaster” and “horrible” to various U.S. trade deals, including the North American Free Trade Agreement, or NAFTA, and the South Korea-U.S. free trade agreement, […]
Read moreSixteen months into Philippine President Rodrigo Duterte’s presidency, citizens are gradually turning against the controversial leader amid fatigue with a drug war that has killed thousands and distracted the administration from other reforms. An Oct. 8 survey by the country’s top pollster, Social Weather Stations, revealed the president’s net satisfaction rating slid to 48 percent […]
Read moreThe U.S. military flew two Air Force B-1B Lancer bombers over the Korean Peninsula in a show of force late on Tuesday amid high tensions over North Korea’s nuclear and missile programs, South Korea’s military said. The two B-1B bombers were accompanied by two F-15K fighters from the South Korean military after leaving their base […]
Read moreAsia’s Wednesday trading is set to take its cues from signs of confidence elsewhere: U.S. Stocks edged up and the euro firmed overnight after Catalonia held back on an outright declaration of independence. Catalonia’s leader on Tuesday asserted that Catalonians had won the rights to independence, but held off declaring the region’s separation from Spain. […]
Read moreNorth Korean hackers are believed to have stolen a large amount of classified military documents, including a South Korean and U.S. plan to “decapitate” North Korea’s leadership, according to South Korean news agency Yonhap Tuesday who cited a statement by a ruling party lawmaker. The news agency said that Democratic Party Representative Lee Cheol-hee said […]
Read moreNorth Korea’s leadership has told Russian lawmakers that it possesses a ballistic missile with a range of 3,000 kilometers (1864.11 miles) that will be able to reach U.S. territory after modernization, the Interfax news agency reported on Tuesday. Interfax cited Anton Morozov, a lawmaker and member of the lower house of parliament’s international affairs committee, […]
Read moreThailand will hold a general election in November 2018, Prime Minister Prayuth Chan-ocha said on Tuesday, the most precise date he has given yet for the vote since taking power in a 2014 military coup. Prayuth, head of the ruling junta or National Council for Peace and Order, said the exact election date would be […]
Read moreIndia’s land ownership system is apparently fraught with fraud — so one state is exploring the application of blockchain technology to make it more transparent. The government of Andhra Pradesh has partnered with Swedish start-up ChromaWay to build its blockchain-based solution. Distributed ledger technology allows data to be stored in vast groupings, which are encrypted […]
Read moreInvestors looked set bail out of Kobe Steel Ltd. on Tuesday, after Japan’s third-biggest steelmaker revealed it had fabricated data to show its products met customer specifications in the latest scandal to rock corporate Japan. Kobe Steel said on Sunday that about 4 percent of the aluminium and copper products that it shipped from September […]
Read moreNorth Korea is widely expected to conduct another missile test within the next ten days to mark two major political events. Some kind of provocation could arrive as early as Tuesday, Oct. 10, as the rogue nation celebrates the 72nd anniversary of its ruling Workers Party, experts said. Oct. 18, which marks the beginning of […]
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