May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows...Real Estateread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute...Earningsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
SpaceX sent 60 satellites into space in a key first mission toward the company's own high-speed internet network.Internetread more
Zilingo founder Ankiti Bose says working as an investment analyst helped her build her near-$1 billion fashion start-up.Ditching the Corporate Liferead more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
North Korea's state-run media say U.S. President Donald Trump's tweet about having a bigger nuclear button than leader Kim Jong Un's is the "spasm of a lunatic."
Rodong Sinmun, the ruling party newspaper, lashed out at Trump in a commentary on Tuesday that took issue with the U.S. commander in chief's Jan. 3 tweet that "I too have a Nuclear Button, but it is a much bigger & more powerful one than his, and my Button works!"
A summary of the commentary by North Korea's official news agency described the tweet as "the spasm of a lunatic."
"The spasm of Trump in the new year reflects the desperate mental state of a loser who failed to check the vigorous advance of the army and people of the DPRK," the Rodong Sinmun commentary said, using the acronym for North Korea's formal name, the Democratic People's Republic of Korea. "He is making (a) bluff only to be diagnosed as a psychopath."
That tone is not uncommon for the North Korean media.
But Trump's willingness to respond in kind — he has repeatedly called Kim "little rocket man" — is rare for an American leader and has led to several fiery verbal barrages since he took office nearly a year ago.
Trump has more recently suggested he might be willing to meet with Kim, and reportedly told the Wall Street Journal the two "probably have a very good relationship."
If so, however, the North's propaganda machine doesn't seem to have gotten the memo.
Trump's controversial "nuclear button" tweet was in response to Kim's New Year's Day warning that North Korea's nuclear arsenal is a real threat and that he has a nuclear launch button on his desk at all times.
Rodong Sinmun also recently ran a story about the book "Fire and Fury: Inside the Trump White House," which casts the president as a leader who doesn't understand the weight of his office and whose competence is questioned by aides. Trump and other White House officials have blasted it as inaccurate.
The title of the book comes from a Trump quote about North Korea.
Last summer, Trump threatened North Korea with "fire and fury like the world has never seen" in an exchange of taunts with the North, which claimed it was examining plans to launch missiles toward the American territory of Guam.
The book's sales reflect "rapidly surging anti-Trump sentiments in the international community," the article said. "The anti-Trump book is sweeping all over the world so Trump is being massively humiliated worldwide."
The book's popularity "foretells Trump's political demise," it concluded.