Asia Top News and Analysis
North Korea
The top U.S. military commander on the Korean peninsula said Saturday that the material needed for North Korea to make nuclear bombs is still intact.
SEOUL, July 20- North Koreas economy contracted at the sharpest rate in two decades in 2017, South Koreas central bank estimated on Friday, as international sanctions and drought hit growth hard, with signs living conditions were beginning to deteriorate. Gross domestic product in North Korea last year shrank 3.5 percent from the previous year, marking the...
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SEOUL, July 20- North Koreas economy contracted at the sharpest rate in two decades in 2017, South Koreas central bank estimated on Friday, in a clear sign international sanctions imposed to stop Pyongyangs nuclear and missile programmes have hit growth hard. Gross domestic product in North Korea last year contracted 3.5 percent from the previous year,...
North Korea's economy contracted at the sharpest rate in two decades in 2017, South Korea's central bank estimated on Friday, in a clear sign international sanctions imposed to stop Pyongyang's nuclear and missile programs have hit growth hard.
Gross domestic product in North Korea last year contracted 3.5 percent from the previous year, marking the biggest contraction since a 6.5 percent drop in 1997 when the isolated nation was going through a devastating famine, the Bank of Korea said. Kim vowed to switch the focus from the development of North Koreas nuclear arsenal to emulating China's "...
UNITED NATIONS, July 19- Russia and China on Thursday delayed a U.S. push for a U.N. Security Council committee to order a halt to refined petroleum exports to North Korea, asking for more detail on a U.S. accusation that Pyongyang breached sanctions, diplomats said. It asked the committee to notify all U.N. member states that North Korea has breached a refined...
UNITED NATIONS, July 19- Russia and China delayed on Thursday a U.S. push for a U.N. Security Council committee to order a halt to refined petroleum exports to North Korea, asking for more detail on a U.S. accusation that Pyongyang has breached a cap, diplomats said. Russia's mission to the United Nations told the 15- member committee it is "closely examining this...
*In a closely watched two-day congressional testimony, Federal Reserve Chairman Jerome Powell said he believed the United States was on course for years more of steady growth, and carefully played down the risks to the U.S. economy of an escalating trade conflict. *A prolonged U.S. trade war with China and Europe would dent global economic growth and force...
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WASHINGTON, July 18- Reaching a denuclearization deal with North Korea "may take some time," U.S. President Donald Trump, Pompeo, who held inconclusive talks in North Korea earlier this month, said progress had been made on some issues. Pompeo said North Korea had reaffirmed its commitment to give up its nuclear weapons and that progress had been made on arranging...
MOSCOW/ UNITED NATIONS, July 18- Russia's envoy to North Korea said on Wednesday it would be logical to raise the question of easing sanctions on North Korea with the United Nations Security Council, as the United States pushes for a halt to refined petroleum exports to Pyongyang. "The positive change on the Korean peninsula is now obvious," said the ambassador,...
Zimbabwe's alliance with North Korea could be cast aside as it attempts to build bridges with the West and reboot its economy.
Republicans in the House of Representatives and the Trump administration are planning another deficit-financed tax-cut plan.
As Trump meets Putin, nearby superpower China will be paying the most attention to the relationship dynamic between the two leaders.
President Trump is to meet Vladimir Putin in Helsinki on Monday and there's no official agenda. Europe's press is having a field day.
The Russian leader may ask Trump to stay out of the conflict in Ukraine, to withdraw troops from eastern Syria, and to continue talks with North Korea.
The world's largest nation by size stands to benefit, both economically and politically, from a denuclearized North Korea.
BEIJING— China's imports from North Korea plunged 92.6 percent in June compared with a year earlier under U.N. sanctions imposed to stop Pyongyang's nuclear and missile programs, the customs agency said Friday. Beijing was long Pyongyang's diplomatic protector but has supported the U.N. sanctions out of frustration at what Chinese leaders see as their...
BEIJING— China's imports from North Korea plunged 92.6 percent in June compared with a year earlier under U.N. sanctions imposed to stop Pyongyang's nuclear and missile programs, the customs agency said Friday. Beijing was long Pyongyang's diplomatic protector but has supported the U.N. sanctions out of frustration at what Chinese leaders see as their...
UNITED NATIONS, July 12- The United States accused North Korea on Thursday of breaching a U.N. sanctions cap on refined petroleum by making illicit transfers between ships at sea, according to a document seen by Reuters, and demanded an immediate end to all sales of the fuel. The charge of a sanctions breach comes as Washington engages North Korea in a bid to...
