Saturday, 23 Nov 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

North Korea Says It Has Tested ‘Ultramodern Tactical Weapon’

SEOUL, South Korea — North Korea has tested a new tactical weapon, the North’s official news media said on Friday, reporting that Kim Jong-un witnessed the event in his first publicized visit to a weapons test site since the country test-launched its intercontinental ballistic missile last November. State media did not identify the weapon, and […]

Fed plans review of how it pursues inflation, employment goals

NEW YORK (Reuters) – The Federal Reserve, under pressure from a critical White House even while it largely hits its inflation and employment targets, will conduct an extensive review next year of how it guides the U.S. economy as it seeks to become more open and accountable. The U.S. central bank said on Thursday it […]

Exclusive: China offer unlikely to spur major trade breakthrough – senior U.S. official

WASHINGTON (Reuters) – China’s written response to U.S. demands for trade reforms is unlikely to trigger a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this month, a senior Trump administration official told Reuters on Thursday. Beijing provided the Trump administration with its document earlier this week, responding to a months-long request […]

Golden Horse Awards: The Oscars of Asia

The Oscar statuette is Hollywood’s biggest trophy. In the world of Chinese cinema, its equivalent is a galloping Golden Horse. Come Saturday, actors, directors and cinematographers will descend upon Taiwan’s capital to attend the annual Golden Horse Awards. This year marks its 55th show. With increasing investment in Chinese cinema it’s likely that in just […]

Robert Lighthizer denies he said China tariffs on hold

WASHINGTON (REUTERS) – US Trade Representative Robert Lighthizer on Thursday (Nov 15) denied a report that he had told some industry executives that another round of tariffs on Chinese imports had been put on hold as the two nations pursue talks. “Ambassador Lighthizer has made no representations to industry executives that future Section 301 tariffs […]

Fed plans review of how it pursues inflation, employment goals

NEW YORK (Reuters) – The Federal Reserve, under pressure from a critical White House even while it largely hits its inflation and employment targets, will conduct an extensive review next year of how it guides the U.S. economy as it seeks to become more open and accountable. The U.S. central bank said on Thursday it […]

Labor unions file pension lawsuit against Puerto Rico

CHICAGO (Reuters) – Puerto Rico violated a law meant to safeguard the pensions of its public-sector workers who have been unable to invest the more than $300 million they contributed to a new retirement plan, according to a lawsuit filed against the U.S. commonwealth’s government and others by two labor unions on Thursday. The litigation, […]

U.S. shale surge boosts industry finances, puts deals in spotlight

(Reuters) – If OPEC thought the 26 percent drop in oil prices since October might rein in U.S. shale production like the last sharp drop did four years ago, it might have to think again. U.S. shale firms are more profitable than ever after a strong third quarter, according to a Reuters analysis of results […]

Fists. A Flying Garbage Can. And Maybe, at Last, Negotiations in Sri Lanka

COLOMBO, Sri Lanka — When the parliamentary speaker tried to call a vote, several lawmakers heckled him, and a gang of them swarmed the podium and broke his microphone. Someone threw a garbage bin at him. Then a bound copy of the Sri Lankan Constitution soared through the air. Fists swung wildly. Several lawmakers were […]