President Donald Trump‘s mocking of Kim Jong Un as “Rocket Man” was unhelpful in dealing with North Korea’s nuclear threat, former diplomat Nicholas Burns said Monday. Trump made the reference to the North Korean leader in a tweet Sunday. I spoke with President Moon of South Korea last night. Asked him how Rocket Man is […]
Read moreA major bitcoin conference has suddenly jumped from China’s capital to Hong Kong — which has greater freedoms than Beijing — in the face of a Chinese government crackdown on cryptocurrencies. The Blockchain Global Summit hosted by BitKan, a company specializing in bitcoin trading and services, was set for Sept. 10 in Beijing, but it […]
Read moreThe U.S. military on Monday flew a pair of B-1B bombers and F-35 fighter jets in bombing drills with South Korea over the Korean peninsula, in a show of force against North Korea, South Korea’s Defence Ministry said. The bombers flew from Guam and the fighters flew from Japan, joined by six South Korean fighter […]
Read moreDecorated U.S. Army veteran Daniel Davis says he’s “concerned” that the United States is not backing down from its threat of military action against North Korea. “That has virtually no chance of success,” Lt. Col. Davis told CNBC’s “The Rundown,” as world leaders head to the United Nations in New York this week to further […]
Read moreThe promise of Southeast Asia’s tech start-ups recently lured Japanese billionaire Taizo Son to move from Tokyo to Singapore. The 44-year-old serial entrepreneur is founder and CEO of Mistletoe, a venture capital firm that’s also part accelerator and part incubator. The Tokyo-based company set up shop in Singapore this April as Son, the younger brother […]
Read moreSingapore is one of the world’s leading centers for global technological innovation, but its entrepreneurs need to think bigger, warned an important local player. The Southeast Asian island-nation possesses the most capital to be deployed outside of China in addition to superior legal and political infrastructure, but the start-up ecosystem is far from perfect, according […]
Read moreIn the next phase of artificial intelligence development, the firm behind Sophia the robot — who once said she wanted to destroy humans — is integrating blockchain into its work. Hanson Robotics’ new project is a marketplace in the cloud where AI developers can put up their work, which can be tapped by others to […]
Read moreJust a stone’s throw across a narrow waterway from the world’s largest gambling hub Macau, a former oyster farming island is being transformed into China’s newest tourism haven. Dubbed by some as China’s answer to Florida’s Orlando — a global tourist magnet with its cluster of major theme parks — Hengqin has seen property prices […]
Read moreAsian shares gained on Monday as investors anticipated clues on the direction of monetary policy from central banks later in the week. South Korea’s benchmark Kospi index rose 0.46 percent in early trade, with technology stocks driving broader gains on the index: Samsung Electronics was up 1.07 percent and SK Hynix rose 2.72 percent in […]
Read moreABB, a major player in the realm of robotics, automation and power generation, is fiercely committed to the global shift to electric vehicle transportation. The transformation from traditional cars to electric ones is “a huge opportunity” that will enable ABB to “work with smart cities of the future,” Chairman Peter Voser told CNBC on the […]
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