North Korea announced on Sunday that it had successfully conducted its sixth and most powerful nuclear test, using what it said was an advanced hydrogen bomb — or an “H-bomb”. Experts haven’t yet verified whether the weapon was indeed an “H-bomb”, though they widely agree that it created an explosion which far exceeded previous tests. […]
Read moreNorth Korea on Sunday conducted its sixth and most powerful nuclear test, which it claimed was an advanced hydrogen bomb designed for a long-range missile. Outside observers haven’t verified that the weapon was a hydrogen bomb, but experts widely agree that the weapon created an explosion that far exceeded previous North Korean nuclear tests. Norsar, […]
Read moreSouth Korea’s defense ministry said in a parliament hearing on Monday it was still seeing signs that North Korea planned to stage more ballistic missile launches, possibly including an intercontinental ballistic missile. “We have continued to see signs of possibly more ballistic missile launches. We also forecast North Korea could fire an intercontinental ballistic missile,” […]
Read moreNorth Korea could launch yet another missile as soon as Saturday when the country celebrates its founding day, hot on the heels of its biggest-to-date nuclear test. “I think another ICBM [intercontinental ballistic missile] test … could come on Sept. 9. The North Koreans love to put on a big show for their big national […]
Read moreRegulators are about to begin scrutinizing China’s initial coin offerings — an industry worth hundreds of millions of dollars. Local outlet Caixin reported that a notice, issued by a working committee that oversees risk in the country’s internet finance sector, said new projects raising cash or other virtual currencies through cryptocurrencies will be banned. It […]
Read moreAs the U.S. mulls its next move against North Korea, some have suggested that sanctioning the major Chinese banks could be the most effective way to pressure the rogue nation into halting its nuclear program. Targeting the big lenders from the world’s second-largest economy is not a new idea. And it would not necessarily just […]
Read moreChina should stop exporting crude oil to North Korea after the reclusive nation defied the international community by testing a nuclear bomb on Sunday despite numerous international trade sanctions, experts told CNBC. “If China decides to cut off that vital supply of crude oil going to North Korea, there will be an immediate and pretty […]
Read morePresident Donald Trump is set to scrap an Obama-era program this week that protects people who entered the United States illegally as children, according to multiple reports. Politico, citing sources, reported that Trump was persuaded to terminate the Deferred Action for Childhood Arrivals (DACA) program following conversations with Attorney General Jeff Sessions. Reuters also reported, […]
Read moreMarkets in Asia on Monday are expected to react to elevated tensions on the Korean Peninsula after North Korea said it tested a hydrogen bomb over the weekend. North Korea claimed on Sunday that it had conducted a test of a hydrogen bomb meant to be carried by a long-range missile. The test — which […]
Read morePresident Donald Trump on Sunday condemned North Korea’s latest weapons test, saying the nation’s actions were very “hostile and dangerous” to the United States, and an embarrassment to China. Early Sunday, the regime led by Kim Jong Un claimed on state television that it had successfully conducted a test of a hydrogen bomb that could […]
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