Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining a list of global automakers aiming to make such vehicles in China. The automakers are attempting to tap into a boom for such cleaner “new energy” vehicles in […]
Read moreUber Technologies Inc is pulling a heavily criticized feature from its app that allowed it to track riders for up to five minutes after a trip, its security chief told Reuters, as the ride-services company tries to fix its poor reputation for customer privacy. The change, which restores users’ ability to share location data only […]
Read moreMyanmar security forces intensified operations against Rohingya insurgents on Monday, police and other sources said, following three days of clashes with militants in the worst violence involving Myanmar’s Muslim minority in five years. The fighting – triggered by coordinated attacks on Friday by insurgents wielding sticks, knives and crude bombs on 30 police posts and […]
Read moreThe teenage years aren’t always the smoothest, and life was no different for four of the world’s most successful chief executives. They may be heavy hitters now, but before they made it, they included an awkward adolescent, a teen factory worker, a “terrible” student and a 16-year-old who held three jobs. Bill McDermott, now CEO […]
Read moreThe U.S. needs to turn up the heat on sanctions against North Korea, experts said on Tuesday after the reclusive nation fired a missile that flew over Japan, sharply escalating tensions in the region. “It’s long past time to increase sanctions,” said Bruce Klingner, a senior research fellow at conservative think tank The Heritage Foundation […]
Read moreAsia Pacific has no dearth of digital-payment options as smartphone ownership picks up, but cash is still king in most of the region’s major markets, according to a new study from PayPal. The report, titled “Digital Payments: Thinking beyond Transactions,” found 57 percent of the respondents said they preferred cash for their day-to-day transactions. Another […]
Read moreNorth Korea launched a ballistic missile that passed right over Japan, and that’s set markets on high alert, with four big movers. U.S. stock futures were a big early mover, with the Dow Jones industrial average mini futures dropping as much as 147 points to 21,644 in a knee-jerk reaction. That compared with the index’s […]
Read moreThe top U.S. and South Korean military officers agreed to make a strong response to North Korea’s latest ballistic missile launch on Tuesday, including possible unspecified military measures, South Korea’s Yonhap news agency said. The chairmen of both countries’ Joint Chiefs of Staff agreed on a phone call “to take response measures at the earliest […]
Read moreUN Security Council wastes no time, plans to meet late Tuesday to discuss North Korea missile launch
The United Nations Security Council will meet late Tuesday to discuss the latest North Korea missile launch, Reuters reported, citing diplomats. North Korea fired a ballistic missile that passed over Japan early Tuesday local time, Prime Minister Shinzo Abe told reporters. A South Korean military official told NBC News that the missile was fired around […]
Read moreCall it a conundrum. Despite North Korea launching a ballistic missile that passed over Japan, in what Japan’s Prime Minister Shinzo Abe called an “unprecedented, serious and significant threat,” traders still see the yen as a safe-haven play, and they’re pushing the currency higher. The yen has surged, with the dollar fetching as little as […]
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