Latvia, Estonia are leaving the Chinese cooperation group

Latvia, Estonia are leaving the Chinese cooperation group

The Chinese national flag is visible in Beijing, China April 29, 2020 REUTERS / Thomas Peter / File Photo Sign up now for FREE unlimited access to Reuters.com Register VILNIUS, August 11 (Reuters) – Latvia and Estonia withdrew from the cooperation group of China and a dozen CEE countries on Thursday, following in the footsteps … Read more

The sale of Alibaba SoftBank may end the taboo of disintegration

The sale of Alibaba SoftBank may end the taboo of disintegration

Japanese CEO of SoftBank Group Corp Masayoshi Son attends a press conference in Tokyo, Japan, November 5, 2018 REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Register LONDON, August 10 (Reuters Breakingviews) – Masayoshi Son thinks the unthinkable at SoftBank Group (9984.T). Its $ 63 billion tech and telecommunications empire … Read more

North Korea announces victory over COVID, suggests leader Kim had it

North Korea announces victory over COVID, suggests leader Kim had it

North Korean leader Kim Jong Un speaks at a Labor Party Politburo meeting on the response to the country’s coronavirus outbreak (COVID-19) in this undated photo released by the Korean Central Information Agency (KCNA) on May 21, 2022. REUTERS Sign up now for FREE unlimited access to Reuters.com Register SEOUL, Aug. 11 (Reuters) – North … Read more

South Korea and China are clashing over the US anti-missile shield, complicating the conciliation process

South Korea and China are clashing over the US anti-missile shield, complicating the conciliation process

Terminal High Altitude Area Defense (THAAD) interceptor as seen in Seongju, South Korea, June 13, 2017 Photo taken June 13, 2017 REUTERS / Kim Hong-Ji Sign up now for FREE unlimited access to Reuters.com Register SEOUL, Aug. 11 (Reuters) – China and South Korea clashed over the US anti-missile shield on Thursday, threatening to undermine … Read more

Stocks rise, dollar falls on falling inflation

Stocks rise, dollar falls on falling inflation

Wall Street blows with the leading Nasdaq rises CPI remained unchanged in July after an increase of 1.3% in June In the 12 months to July, the CPI increased by 8.5% against 9.1% in June NEW YORK, Aug. 10 (Reuters) – Wall Street stocks rose and the dollar plunged on signs of a sharp slowdown … Read more

Like the scene from Parasite: Floods expose social inequalities in South Korea

Like the scene from Parasite: Floods expose social inequalities in South Korea

SEOUL, Aug. 10 (Reuters) – Using a plastic bowl, Ha In-sik poured water from his ground-floor apartment in a low-income residential neighborhood in Sillim in southwestern Seoul, where a flood caused by torrential rain forced his family to sleep in a nearby park. A 50-year-old man, along with his wife and daughter, collected household appliances, … Read more

The Japanese prime minister shakes the cabinet as anger grows over ties to the Unification Church

The Japanese prime minister shakes the cabinet as anger grows over ties to the Unification Church

Voters’ support is declining due to the party’s ties to the church The shocks come earlier than analysts expected The Church defends its right to participate in politics “ Kishida has only selected ministers who will “review” links with the group TOKYO, Aug. 10 (Reuters) – Japanese Prime Minister Fumio Kishida reshuffled his cabinet on … Read more

Inflation in factories in China is at its lowest in 17 months and consumer prices are accelerating

Inflation in factories in China is at its lowest in 17 months and consumer prices are accelerating

A worker walks past steel rollers at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018 REUTERS / Damir Sagolj / Photo File Sign up now for FREE unlimited access to Reuters.com Register July producer inflation at its lowest since February 2021 July consumer inflation at the highest level in 2 … Read more

Record rain kills at least 8 people in the South Korean capital

Record rain kills at least 8 people in the South Korean capital

SEOUL, Aug. 9 (Reuters) – At least eight people died overnight in and around Seoul, South Korean authorities said on Tuesday after heavy rain cut power, caused landslides and flooded roads and subways. The southern part of the nation’s capital received over 100 mm (3.9 inches) of rain per hour on late Monday, and parts … Read more

Cryptoverse: Blockchain bridges fall into troubled waters

Cryptoverse: Blockchain bridges fall into troubled waters

The cryptocurrency representations of Bitcoin, Ethereum and Dash are immersing themselves in the water in this illustration taken on May 23, 2022. REUTERS / Dado Ruvic / Ilustracja Sign up now for FREE unlimited access to Reuters.com Register August 9 (Reuters) – Another day, another hack – and another blockchain bridge burned down. When thieves … Read more