Futures tipped slight gains for Asian stocks on Wednesday after the mixed close on Wall Street as several markets in the region re-opened for trade after a holiday. Stateside, the Nasdaq composite advanced 0.91 percent to end at 7,190.70 as Apple stock jumped ahead of expectation-topping results released after the market close, and the S&P […]
Read morePresident Donald Trump said Tuesday that the time and place of a critical summit with North Korea‘s Kim Jong Un could be announced in the coming days. The president did not give any more details on the meeting, during which he will try to craft a path toward the dictatorship giving up its nuclear and […]
Read more
The “Chicken War” (1962-1963) But that didn’t mean the end of trade wars. “There was this really quite aggressive move in the 1960s of chicken, and people talked about a chicken war,” James said. European countries were importing increasingly large amounts of frozen American chicken. According to a report by the Cato Institute, a libertarian […]
Read moreMarkets in Australia and Japan traded mostly higher on Tuesday while many Asian markets were shut for a public holiday. The session in Asia followed a decline in U.S. stocks amid a pullback in the telecommunications sector. Australia’s ASX 200 rose 32.5 points, or 0.54 percent, to 6,015.20, with the heavily weighted financial sector gaining […]
Read moreSouth Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict. Exports fell 1.5 percent to $50.1 billion from a year earlier, marking the […]
Read morePhilippine President Rodrigo Duterte on Sunday made permanent a temporary ban on his country’s citizens traveling to Kuwait to work, following a series of abuse and murder cases involving Filipino victims. The ban is being imposed despite the Philippines’ reliance on remittance money from its Kuwait-based workers — 262,000 Filipinos are employed in the oil-rich […]
Read moreSouth Korean President Moon Jae-in said U.S. President Donald Trump deserves a Nobel Peace Prize for his efforts to end the standoff with North Korea over its nuclear weapons program, a South Korean official said on Monday. “President Trump should win the Nobel Peace Prize. What we need is only peace,” Moon told a meeting […]
Read moreFitch Ratings threw cold water on hopes for near-term peace on the Korean Peninsula on Monday, warning that the historic summit between South and North Korean leaders “does not eliminate risks associated with the military stand-off.” Despite newly positive sentiment stemming from the declarations of reconciliation between North Korea’s Kim Jong Un and his South […]
Read moreHistorians and opposition politicians have accused the Indian government of trying to privatize historical sites, including the world famous Taj Mahal. The “Adopt a Heritage” plan aims to allow the upkeep and maintenance of 95 historic sites to be taken over by private firms. India’s tourism ministry has already announced a $3.7 million five-year contract […]
Read moreSouth Korea will remove propaganda-broadcasting loudspeakers from its border with North Korea this week, while Pyongyang has announced it is poised to realign its time zone with Seoul. The two peace offerings follow Friday’s historic summit between South Korean President Moon Jae-in and North Korean leader Kim Jong Un. During the meeting, both leaders agreed […]
Read more