Tokyo-based cryptocurrency exchange Coincheck said on Sunday it would return about 46.3 billion yen ($425 million) of the virtual money it lost to hackers two days ago in one of the biggest-ever thefts of digital money. That amounts to nearly 90 percent of the 58 billion yen worth of NEM coins the company lost in […]

China’s Sina Weibo was ordered to move several portals offline for a week after spreading obscene and wrongly oriented content, the country’s internet watchdog said. The government has been tightening controls over internet content as part of efforts to maintain “social stability,” taking on “vulgar” and pornographic content as well as the unauthorized dissemination of […]

U.S. Defense Secretary Jim Mattis stressed diplomacy as the way to deal with the North Korean crisis on Friday during talks with his South Korean counterpart in Hawaii, a day after Seoul’s top diplomat said a military solution would be unacceptable. “Diplomacy should (impose) reason on Kim’s reckless rhetoric and dangerous provocations,” Mattis said, referring […]

North Korea shipped coal to Russia last year which was then delivered to South Korea and Japan in a likely violation of U.N. sanctions, three Western European intelligence sources said. The U.N. Security Council banned North Korean exports of coal last Aug. 5 under sanctions intended to cut off an important source of the foreign […]

China on Friday outlined its ambitions to extend President Xi Jinping‘s signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white paper, China said it would encourage enterprises to build infrastructure and conduct commercial trial voyages, paving the way for Arctic […]

President Xi Jinping wasn’t present at this year’s World Economic Forum meeting in Davos, Switzerland, but the impact of his speech championing globalization at last year’s gathering lingered. Xi’s right hand man, Liu He, took to the stage in the snow-capped Swiss town to reiterate claims about China’s commitment to opening up further. Chinese business […]

President Donald Trump made major news last week when he accused Russia of helping North Korea evade international sanctions. Reports that Russian tankers helped deliver fuel to the pariah state underscore that contention, but that occurrence alone doesn’t explain why the Kremlin would actively undermine the international community. The reason, experts told CNBC, could be […]

Thinking of doing an MBA in Asia but worried you don’t have the money to pay for it? You’re not alone, but if you’re a woman you may be in luck. In a bid to address gender imbalances, a number of Asian business schools have created women-only scholarships to promote change from the ground up. […]

President Donald Trump ordered the firing of Special Counsel Robert Mueller last June, the New York Times reported Thursday. Citing “four people told of the matter,” the Times said Trump ultimately backed off following a threat from White House counsel to resign. Mueller himself learned about the president’s withdrawn directive in recent months, according to […]

The dollar reversed its recent tumble following comments from President Donald Trump and major indexes stateside finished mostly higher ahead of Asia’s Friday trading day. The Dow Jones industrial average ended the session at a record, with markets focused on upbeat corporate earnings releases. Around 78 percent of S&P 500 companies that have reported quarterly […]