Fewer 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 morePolitics and markets no longer intersect, but essentially are occupying the same terrain. After months of not paying attention to the tumult in Washington, Wall Street is now taking notice, and that sets up an interesting week ahead for investors in a month that is often a dull slog lower. Friday’s surprise exit of Steve […]
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 […]
Read moreThe founder of an online Chinese luxury retailer has been arrested after being charged with smuggling 438 million yuan ($65.67 million) worth of goods into the country, the official China Daily reported on Monday, citing the customs authority. Ji Wenhong, the founder of Xiu.com, an online e-commerce website that specializes in imported luxury goods, was […]
Read moreSearch and rescue efforts were underway Monday morning after the USS John S. McCain collided with a merchant ship, the U.S. 7th Fleet said in a notice. The ship, a guided-missile destroyer, was involved in the collision while on its way to Singapore for a routine port visit, the notice said. The incident happened east […]
Read moreAsia markets are expected to digest political developments in Washington as U.S.-South Korea joint military drills kick off on Monday. Steve Bannon on Friday became the latest high-ranking official to leave the White House when he vacated the role of President Donald Trump’s chief strategist. Media reports said Bannon’s resignation had been submitted earlier in […]
Read moreConfidence at Japanese manufacturers rose to its highest level in a decade in August led by materials producers, a Reuters poll showed, a further sign of broadening recovery in the economy. The Reuters’ monthly poll — which tracks the Bank of Japan’s closely watched quarterly tankan — found the service-sector mood fell but still remained […]
Read moreIt doesn’t make sense for Apple to make TV shows. Reverse-engineering content to fill up space on someone’s screen is not an inspired strategy. But that’s apparently what the company plans to do: It will deploy a $1 billion collection of original video content, outlets like The Wall Street Journal reported recently. There are tools […]
Read moreIn the history of sports fandom, dream matchups have been the topic of much discussion, debate and hype. While some, like the debate between the 1960s Celtics and 1980s Lakers, will never be settled, current-day dream matchups, like LeBron versus Steph and Brady versus Manning, can be settled between the lines. The latest incarnation of […]
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It goes without saying that retail is evolving. More shopping is occurring online, but the pace of change is uneven. “You can’t paint retail with broad brush strokes,” James Cook, JLL’s director of retail research, told CNBC in an interview. “You have to talk about the category changes … instead of saying retail is going […]
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