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NEWS

Chinese angry at US probe in South China Sea

Reuters, Published on 22/01/2018

» SHANGHAI: A US Navy destroyer this week sailed near the Scarborough Shoal, a disputed lagoon claimed by China in the South China Sea, US officials said on Saturday, and Beijing vowed to take "necessary measures" to protect what it said was its sovereignty.

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NEWS

Seoul weighs shuttering all virtual currency exchanges

Reuters, Published on 18/01/2018

» SEOUL: South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

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NEWS

20 countries consider more North Korea sanctions

Reuters, Published on 18/01/2018

» VANCOUVER: Twenty nations including Thailand agreed on Tuesday to consider tougher sanctions to press North Korea to give up its nuclear weapons and US Secretary of State Rex Tillerson warned Pyongyang it could trigger a military response if it did not choose negotiations.

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BUSINESS

Bitcoin slides 14% on crackdown fears

Reuters, Published on 16/01/2018

» LONDON: Bitcoin slid as much as 14% on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

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BUSINESS

Uproar over bitcoin crackdown bid divides S.Korea

Reuters, Published on 12/01/2018

» SEOUL: With a tech-savvy population quick to adopt the latest gadgets and a young generation facing dim prospects in the conventional workplace, South Korea has been a fertile ground for virtual currencies.

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NEWS

South Korea: Credit Trump for N.Korea talks

Reuters, Published on 11/01/2018

» SEOUL: US President Donald Trump told his South Korean counterpart Moon Jae-in on Wednesday he is open to talking with North Korea, the South's presidential office said after the two leaders spoke by telephone.

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NEWS

Explosion on Iranian oil tanker off China -ministry

Reuters, Published on 10/01/2018

» BEIJING: There was an explosion aboard the Iranian oil tanker that collided with a Chinese grain ship after rescue crews tried to use foam to extinguish the fire, China's Transport Ministry (MoT)said in a statement on Wednesday.

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NEWS

North Korea: No nuclear talks, ever

Reuters, Published on 10/01/2018

» SEOUL: North Korea said after its first talks with South Korea in more than two years that it would not discuss its nuclear weapons with Seoul because they were aimed only at the United States, not its "brethren" in South Korea.

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NEWS

S.Korea prosecutors seek 12-year jail term for Samsung scion

Reuters, Published on 07/08/2017

» SEOUL -- South Korean prosecutors on Monday sought a 12-year jail term for Samsung Electronics Vice Chairman Jay Y. Lee, over charges that include allegedly bribing the former president for government support to help Lee cement control of the group.