The head of the U.S. military’s Pacific Command said on Tuesday it was more important to use diplomacy to counter North Korea’s missile threat rather than consider what actions by the reclusive North might trigger a preemptive strike. Admiral Harry Harris was in South Korea to observe annual joint military drills with the South Korean […]
Read moreOne of India’s tech darlings, Infosys, could fall out of favor with investors after its chief executive officer resigned unexpectedly on Friday following a clash between the company’s founder and the board of directors. Vishal Sikka announced his departure in an email to his employees — which he subsequently uploaded onto his blog — where […]
Read morePresident Donald Trump blasted Pakistan for being a terrorist hotbed on Monday and stressed the need for stronger ties with India in remarks likely to worsen ties between the two nuclear-armed rivals. During a speech focused on U.S. military engagement in Afghanistan, Trump accused Islamabad of harboring militants and warned of consequences if the government […]
Read moreThe collision at sea that left 10 U.S. Navy sailors missing on Monday was met with “applause from Chinese netizens,” according to an unsigned editorial that ran in Beijing state media. The USS John S. McCain collided with a tanker on Monday in heavily trafficked waters near Singapore. The hyper-nationalist Global Times claimed the Chinese […]
Read moreTwo North Korean shipments to a Syrian government agency responsible for the country’s chemical weapons program were intercepted in the past six months, according to a confidential United Nations report on North Korea sanctions violations. The report by a panel of independent U.N. experts, which was submitted to the U.N. Security Council earlier this month […]
Read moreThe dollar tumbled against its peers ahead of the Asian trading day on Tuesday as investors turned their attention to the U.S. Federal Reserve’s annual symposium in Jackson Hole at the end of the week. The greenback slid against a basket of currencies ahead of the summit as market watchers awaited clues on monetary policy […]
Read moreSoftBank founder Masayoshi Son is not just the wealthiest man in Japan. He’s not just a tech titan boasting billions of dollars worth of investments in some of the most important companies of our age. Son is his country’s lone mold-breaking entrepreneur. Decision-makers in Japan are usually fiscally conservative, whereas under Son, SoftBank appears to […]
Read moreChina now has a list of what it considers the “right” kind of outbound investment as the government continues its crackdown on foreign spending. The new rules prohibit investments in core military technology and anything that endangers national security, along with the gambling and sex industries, according to a government statement released Friday. Outbound deals […]
Read moreFewer U.S. soldiers will be participating in joint military drills with South Korean forces this year — a move Washington said isn’t designed to pacify Pyongyang, but many analysts are skeptical. Around 17,500 U.S. service members will be participating in the 10-day joint exercise, which began Monday, the U.S. Department of Defense said in a […]
Read moreAmerica’s annual joint military exercises with South Korea always frustrate North Korea. The war games set to begin Monday may hold more potential to provoke than ever, given President Donald Trump’s “fire and fury” threats and Pyongyang’s as-yet-unpursued plan to launch missiles close to Guam. Will the allies keep it low-key, or focus on projecting […]
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