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North Korea says Pompeo's remarks make talks with U.S. more difficult

Saturday, August 31, 2019, 8:37 PM

North Korea says Pompeo's remarks make talks with U.S. more difficult

A recent remark by U.S. Secretary of State Mike Pompeo about "North Korea's rogue behavior" will make talks with the US more difficult, the North's KCNA news-agency quoted its vice foreign-minister, Choe Son Hui, as saying. "We recognized that North Korea's rogue behavior could not be ignored," Pompeo said on Tuesday, while speaking at the American Legion National Convention in the state of Indiana.

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Auto companies in India cut more jobs to tackle slowdown

Friday, August 30, 2019, 11:41 AM

Auto companies in India cut more jobs to tackle slowdown

With India's auto sales declining for the ninth-straight month in July, more automotive manufacturers are laying off workers and temporarily halting production to keep costs in check, according to the sources. Japanese carmaker Toyota Motor and South Korea's Hyundai Motor are the latest in a string of companies to briefly halt some parts of production at plants to combat slumping sales, said the source.

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India urges nations to join hands to leverage its strong workforce

Monday, August 26, 2019, 8:07 AM

India urges nations to join hands to leverage its strong workforce

India, projected to have the largest working population between 2022 and 2034, has called upon nations to join hands with it to leverage its skilled manpower, with an estimated 10-million-youths entering the workforce per annum. India, with strong 48-member contingent, is among the 63-countries participating in the world's biggest international vocational skill competition WorldSkills Kazan 2019, which is underway in the capital of Tatarstan.

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Uber-rival Bolt enters European food delivery business

Wednesday, August 21, 2019, 11:30 AM

Uber-rival Bolt enters European food delivery business

Estonia's Bolt, a popular ride-sharing service in Eastern Europe and Africa, launched food delivery service in its home town of Tallinn, the nation's capital, and said it plans to roll-out Bolt Food this year in South Africa, Latvia and Lithuania as well. Bolt, which until early this year was called Taxify, has grabbed business from Uber mostly in major African cities and Eastern Europe.

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Powerful Japan Storm Krosa Kills 1, Injures 49; Trees Uprooted

Friday, August 16, 2019, 7:34 PM

Powerful Japan Storm Krosa Kills 1, Injures 49; Trees Uprooted

powerful tropical storm lashed Japan on Thursday, bringing strong winds and torrential rain that claimed at least one life, prompted warnings of landslides and flooding, and sparked evacuation advisories and travel chaos at a peak holiday period. Severe Tropical Storm Krosa one notch below a typhoon slammed into the southern Hiroshima region, packing wind gusts of up to 126 kilometres (78 miles) per hour.

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Japan to remove South Korea from 'white list' of favored trade partners

Friday, August 2, 2019, 4:26 PM

Japan to remove South Korea from 'white list' of favored trade partners

Japan's cabinet on Friday approved a plan to remove South Korea from a list of countries that enjoy minimum export controls, a move likely to escalate tensions fueled by a dispute over compensation for wartime forced laborers. Japan says that issue of compensation was settled by a 1965 treaty that normalized ties between Tokyo and Seoul.

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North Korea increases pressure with latest missile launches

Friday, August 2, 2019, 4:13 PM

North Korea increases pressure with latest missile launches

North Korea fired missiles for the third time in eight days on Friday, a series of launches that analysts say are designed to improve military capabilities and pressure the United States and South Korea as they seek to restart denuclearization talks. U.S. officials, who have been hoping to revive the stalled talks with North Korea, played down the launches.

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Mark Mobius: US markets will go 'haywire' if Trump loses 2020 election

Thursday, August 1, 2019, 8:24 PM

Mark Mobius: US markets will go 'haywire' if Trump loses 2020 election

Stock-markets in the U.S. will go "haywire" if President Trump fails to win a-second-term in the White House, prominent investor Mark Mobius predicted on Thursday. Mobius, co-founder of Mobius Capital Partners, said U.S. markets have continued to climb higher partly because of Trump's policies. The president made several-moves that many considered pro-business since he took office in 2017, such as slashing corporate tax rates.

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Grab says to invest $2 billion in Indonesia using funds from SoftBank

Monday, July 29, 2019, 8:11 PM

Grab says to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing company Grab said Monday it will invest $2-billion into Indonesia over the next five-years using funds from SoftBank Group. The investment will be aimed at speeding up the development of Indonesia's digital infrastructure. That includes building a next-generation transportation network around electric vehicles in local cities and improving the way important services, such as health care, are delivered in the country.

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6.3-Magnitude Earthquake Strikes Off Japan, No Tsunami Warning

Sunday, July 28, 2019, 9:49 AM

6.3-Magnitude Earthquake Strikes Off Japan, No Tsunami Warning

A strong 6.3-magnitude earthquake struck off the coast of Honshu, the largest and most populous island of Japan, in the pre-dawn hours of Sunday, the United States Geological Survey (USGS) said. The epicentre of the quake, which occurred at around 18:31 (UTC), was registered at a depth of 375.8 kilometres, south of Honshu island. No tsunami warning has been issued so far.

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