South Korea

As North Korea threat looms, Trump to address world leaders at U.N.

As North Korea threat looms, Trump to address world leaders at U.N.

Published 18/09/2017

North Korea's nuclear threat looms large this week over the annual gathering of world leaders at the United Nations in New York, where diplomats are eager to hear U.S. President Donald Trump address the 193-member body for the first time. [more…]

U.S. Ambassador Haley: U.N. has exhausted options on North Korea

U.S. Ambassador Haley: U.N. has exhausted options on North Korea

Published 18/09/2017

U.S. Ambassador to the United Nations Nikki Haley said on Sunday the U.N. Security Council has run out of options on containing North Korea's nuclear program and the United States may have to turn the matter over to the Pentagon. [more…]

France opens door to strengthen Iran nuclear deal for post-2025

France opens door to strengthen Iran nuclear deal for post-2025

Published 18/09/2017

France on Monday gave a staunch defense of the Iran nuclear deal, saying there could be talks to strengthen the agreement from 2025 but that allowing it to collapse could lead Iran's neighbors to seek atomic weapons. [more…]

Nokia says to get sales boost after patent ruling

Nokia says to get sales boost after patent ruling

Published 18/09/2017

Nokia (NOKIA.HE) will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea's LG Electronics (066570.KS) for using its smartphone patents. [more…]

Dollar up on weaker Irma as shares climb towards highs

Dollar up on weaker Irma as shares climb towards highs

Published 11/09/2017

The dollar rose on Monday and world shares climbed back towards record highs, on relief that North Korea did not conduct a further missile test at the weekend when it celebrated its founding anniversary. [more…]

U.N. Security Council to vote Monday on weakened North Korea sanctions: diplomats

U.N. Security Council to vote Monday on weakened North Korea sanctions: diplomats

Published 11/09/2017

The U.N. Security Council is set to vote on Monday on a watered-down U.S.-drafted resolution to impose new sanctions on North Korea over its latest nuclear test, diplomats said, but it was unclear whether China and Russia would support it. [more…]

China says diplomacy needed to rid Korean peninsula of nuclear weapons

China says diplomacy needed to rid Korean peninsula of nuclear weapons

Published 11/09/2017

Denuclearization of the Korean peninsula should be achieved through peaceful and diplomatic means, China's foreign ministry said on Monday, as the United Nations discusses fresh sanctions against North Korea following its latest nuclear test. [more…]

ExxonMobil slashes LNG price to India in bad omen for producers

ExxonMobil slashes LNG price to India in bad omen for producers

Published 11/09/2017

India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp (XOM.N) in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market. [more…]

South Korean foreign minister says North Korea on `reckless path`

South Korean foreign minister says North Korea on `reckless path`

Published 11/09/2017

South Korean Foreign Minister Kang Kyung-wha said on Monday North Korea is on a "reckless path" with its continued nuclear and missile provocations in defiance of international condemnation. [more…]

Dollar, shares up in Asia on relief at North Korea inaction

Dollar, shares up in Asia on relief at North Korea inaction

Published 11/09/2017

The U.S. dollar won a reprieve from risk aversion on Monday after North Korean dictator Kim Jong Un decided to hold a party over the weekend rather than launch another missile, tempering safe havens such as the yen and Treasuries. [more…]