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  • MSCI's benchmark EM stocks index recovered almost half of the 5 percent it had lost on Monday when worries about China's economic health had sent global markets into a panic. "The PBOC is doing what it has to do but it is very likely it is not enough so more will have to be done," said Wei Yao, China economist for Societe Generale in Paris. Though Asian markets were shut,...

  • China's economic slowdown, recessions in Latin American countries such as Brazil and Chile, and a breakdown in commodity prices- combined with a thinly-traded market as many investors become more focused on tide charts than trading terminals- are prompting traders to overlook improving U.S. economic data, said Alan Gayle, portfolio manager at RidgeWorth...

  • *North Korea demands South halt broadcasts by 5 p.m. Saturday. SEOUL, Aug 21- North Korea put its troops on a war footing on Friday as South Korea rejected an ultimatum to stop propaganda broadcasts or face military action, prompting China to voice concern and urge both sides to step back. South Korean Vice Defence Minister Baek Seung- joo said his government...

  • UNITED NATIONS, Aug 21- United Nations Secretary-General Ban Ki- moon appealed on Friday for North Korea and South Korea not to take any action that could further escalate tensions after Seoul refused to halt propaganda broadcasts and Pyongyang put its troops on a war footing. The countries appeared headed toward another clash after South Korea rejected an...

  • SEOUL, Aug 21- North and South Korea appeared headed towards another clash on Friday as Seoul refused to halt propaganda broadcasts and Pyongyang put its troops on a war footing, prompting China to urge both sides to take a step back. South Korean Vice Defence Minister Baek Seung- joo said it was likely the North would fire at some of the 11 sites where Seoul has set up...

  • *North Korea demands South halt broadcasts by 5 p.m. on Saturday. SEOUL, Aug 21- North and South Korea appeared headed towards another clash, as Seoul refused an ultimatum that it halt anti- Pyongyang propaganda broadcasts by Saturday afternoon or face military action, and North Korea said its troops were on a war footing. Tension escalated on Thursday when North...

  • *Daily life goes on as normal in Pyongyang, Seoul. SEOUL, Aug 21- North Korean leader Kim Jong Un ordered his troops onto a war footing from 5 p.m on Friday after his government issued an ultimatum to Seoul to halt anti- Pyongyang propaganda broadcasts by Saturday afternoon or face military action. Tension escalated on Thursday when North Korea fired four shells...

  • SEOUL, Aug 10- For the boldest frontier market investor: North Korea is looking to raise $39 million from foreign investors to fund a new brewery in Wonsan, an eastern port city where leader Kim Jong Un has big development ambitions. Egypt's Orascom Telecom, which runs Pyongyang- based Koryolink- the country's sole mobile phone network- has not been able to withdraw...

  • SEOUL, July 17- North Korea's economy expanded by 1.0 percent in 2014, the South Korean central bank said on Friday, with a drought expected to hobble growth in one of the world's most isolated countries this year. A drought could dent economic activity this year, as North Korea has said it is the worst it has seen in 100 years although Seoul has said it seems to be...

  • SEOUL, July 10- North Korea received enough rainfall in June to ease drought conditions that had been described by Pyongyang as the worst in a century, although parts of the country remain acutely short of water, the South Korean government said on Friday. The lack of rain is believed to have compounded chronic food shortages in North Korea, which has seen external...

  • North Korea says drought worst in 100 years Wednesday, 17 Jun 2015 | 9:34 PM ET

    North Korea faces its worst drought in a century, state media say, raising food crisis fears in the impoverished nation. The Financial Times reports.

  • CNBC update: Japan volcano Friday, 29 May 2015 | 10:30 AM ET
    CNBC update: Japan volcano

    ISIS is claiming responsibility for an attack on a Shiite Mosque in Saudi Arabia; Amazon is expanding its private label brands; and a volcano erupts in Japan, reports CNBC's Sue Herera.

  • *Front month U.S. crude was up 8 cents at $59.51 a barrel at 0018 GMT, after finishing down 26 cents in the previous session. *Global crude oil prices are not expected to fall in the second half of 2015, Kuwait's OPEC governor said on Monday, and any surplus supply was due to shale producers rather than OPEC. *Crude output by OPEC member Algeria will rise by at least 32,000...

  • North Korea launches e-shopping despite no Internet Wednesday, 6 May 2015 | 7:14 AM ET
    North Korean leader Kim Jong Un smiles during a visit to the Chonji Lubricant Factory, in this undated photo.

    Online shopping has arrived in North Korea, even though citizens of the isolated country have no access to the Internet.

  • US considers adding N Korea back on terror list Thursday, 30 Apr 2015 | 1:00 PM ET
    US considers adding N Korea back on terror list

    CNBC's Morgan Brennan reports on the threats posed by North Korea.

  • North Korea nuke threat: What US, South Korea can do Tuesday, 14 Apr 2015 | 8:34 PM ET
    North Korea nuke threat: What US, South Korea can do

    Christopher Hill, former U.S. ambassador to South Korea, discusses the threat of North Korea's nuclear missiles and explains what it means for the U.S. and South Korea.

  • Competitors unite against cyber threats Thursday, 15 Jan 2015 | 4:33 PM ET
    L-R: Mark McLaughlin, Chris Young, Michael Brown and Ken Xie at the Cyber Threat Alliance event.

    As companies face growing threats from hackers, four cyber security firms are have joined forces to share intelligence.

  • Inside North Korea's international money machine Tuesday, 13 Jan 2015 | 1:47 PM ET
    North Korean leader Kim Jong Un.

    Beyond sanctions, U.S. officials are hoping to further target and isolate North Korea's international finance machine.

  • Bill Richardson: I 'screwed up' about Kim Jong Un Tuesday, 13 Jan 2015 | 6:20 AM ET
    Bill Richardson: I 'screwed up' about Kim Jong Un

    I made a mistake, says former Gov. Bill Richardson, (D-N.M.), explaining his comments on North Korea's leader.

  • South Korea's Park becoming 'desperate politically': Pro

    Bruce Klingner, Senior Research Fellow, Northeast Asia at The Heritage Foundation, says South Korean President Park Geun-hye is open to talks with North Korea due to growing political challenges.