Tuesday, 28 May 2024

Asia

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Blinken Finds Receptive Leaders in Central Asia, Where Russia Seeks Aid

ASTANA, Kazakhstan — Secretary of State Antony J. Blinken came to Central Asia to press his case that the region should hold the line against Russian efforts to seek economic aid as Moscow grapples with Western sanctions. Within hours of landing in Astana, the snow-draped capital of Kazakhstan, he received a sign that the United […]

South Korea Offers a Resolution to Wartime Labor Dispute With Japan

SEOUL — South Korea ​said on Monday that it had proposed a resolution to one of its​ thorniest historical disputes with Japan,​ in hopes of mending fractured ties​ between the key American allies​. The government said it had created a foundation that would pool funds from South Korean businesses and use the money to compensate […]

South Korea Offers a Resolution to Wartime Labor Dispute With Japan

SEOUL — South Korea ​said on Monday that it had proposed a resolution to one of its​ thorniest historical disputes with Japan,​ in hopes of mending fractured ties​ between the key American allies​. The government said it had created a foundation that would pool funds from South Korean businesses and use the money to compensate […]

That Mystery Orb on a Japanese Beach? It Was Just a Buoy. (Sorry.)

Not every unidentified spherical object in sight is a spying device, people. Case in point: A giant metal ball that washed up on a Japanese beach, drawing suspicion from the authorities and wonder from the public this week. After the rusty yellowish sphere, about the size of a wrecking ball, drifted ashore in Hamamatsu, Japan, […]

China’s Courtship of European Powers Hits a Russian Wall

China’s top diplomat, Wang Yi, has been on a high-stakes tour of Europe, defending his country’s interests in a clash with Secretary of State Antony J. Blinken and reaffirming Beijing’s friendship with Russia with a visit to Moscow. But China is also trying to woo European nations in an urgent bid to revive its economy […]

Victim or Criminal? A U.S. Navy Officer’s Imprisonment in Japan.

Tomoko Ichihara’s family was wrapping up a birthday lunch near Mount Fuji when celebration turned to horror. A silver Toyota drifted across a road and careened into the parking lot of a noodle restaurant, crushing Ms. Ichihara’s brother-in-law and mother between cars and leaving them with fatal injuries. The minivan’s driver, a U.S. Navy lieutenant, […]

North Korea Launches ICBM

SEOUL — North Korea launched what South Korea called an intercontinental ballistic missile off its east coast on Saturday, a day after vowing to take “unprecedentedly persistent and strong” counteractions against the joint military drills that the United States and South Korea plan for this spring. The launch was the North’s first missile test since […]

Column-Jumping the central bank gun :Mike Dolan

LONDON (Reuters) – For all intents and purposes, financial markets think the brutal central bank tightening cycle is done.FILE PHOTO: The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File PhotoThat may seem like a leap of faith after 36 hours in which three major central banks lifted their main policy […]

Brazil markets fall after Lula takes office vowing to end poverty

BRASILIA (Reuters) – Brazilian markets delivered a negative initial verdict on leftist President Luiz Inacio Lula da Silva’s first full day in office on Monday, after he pledged to prioritize social issues, while also ordering a budget-busting extension to a fuel tax exemption.Brazil’s President Luiz Inacio Lula da Silva, his wife Rosangela “Janja” da Silva […]

Fed's Brainard: Successive supply shocks a challenge for central banks

FILE PHOTO: Federal Reserve Board Governor Lael Brainard testifies before a Senate Banking Committee hearing on her nomination to be vice chair of the Federal Reserve, on Capitol Hill in Washington, U.S., January 13, 2022. REUTERS/Elizabeth FrantzWASHINGTON (Reuters) – The successive shocks to global supply chains from the pandemic and the war in Ukraine could […]