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South Korea vows support for its chip sector amid China-US tensions: South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol ...
english.alarabiya.net/News/world/2023/06/08/South-Korea-vows-support-for-its-chip-sector-amid-China-US-tensions
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South Korea vows support for its chip sector amid China-US tensions: South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol ...
english.alarabiya.net/News/world/2023/06/08/South-Korea-vows-support-for-its-chip-sector-amid-China-US-tensions
Samsung execs have to work 6 days a week now: report: Samsung reportedly wasn't happy with its performance last year, so execs will be working Saturdays or ...
businessinsider.com/samsung-executives-six-day-work-week-report-2024-4
Quick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
Philippines says decision to strengthen ties with Japan, US a 'sovereign choice': The Philippines' decision to ramp up ties with Japan and the United States is a ...
reuters.com/world/philippines-says-decision-strengthen-ties-with-japan-us-sovereign-choice-2024-04-18/
South African butts rated biggest in the world: It's bottoms up for Mzansi as we top the list of biggest booties in the world
timeslive.co.za/lifestyle/2024-04-12-south-african-butts-rates-number-1-in-the-world/
Scary: Dongfeng M-Hero 1 electric car in the driving report: The electric car from Dongfeng appears less heroic than frightening. The 3.9-ton truck with 142 kWh ...
heise.de/tests/Elektro-Gelaendeauto-Dongfeng-M-Hero-1-mit-142-kWh-im-Fahrbericht-9683400.html
Billionaire Families Lose Hope for Tax Cut After Korean Vote: Some of the richest people in South Korea may be among the biggest losers from elections last week ...
trib.al/fKQvcMI
Quick Glance: Disappointment for Billionaire Families After Tax Reform Decision in South Korea
- President Yoon Suk Yeol faces setback in plans for inheritance tax reform.
- High inheritance tax in South Korea targets wealthy individuals and chaebols.
- Opposition party gains momentum in advocating for higher taxes on the wealthy.
- Discussions on tax reforms and their implications on businesses and the economy.
Chinese spies target Dutch industries to strengthen military, intelligence agency says
reuters.com/world/china/chinese-spies-target-dutch-industries-strengthen-military-intelligence-agency-2024-04-18/
Margin Call Cited for Mysterious 99% Crash in China Cement Maker: China Tianrui Group Cement Co. said a sudden drop in its stock last week triggered a margin ...
bloomberg.com/news/articles/2024-04-18/margin-call-cited-for-mystery-stock-crash-in-china-cement-maker
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U.S., Japan, Korea finance leaders launch first trilateral meeting: The United States, Japan and South Korea kicked off their first trilateral finance leaders' ...
reut.rs/3JlXJvh
Australia increases defence spending by $32bn in response to China build-up: Labor government commits to spending rises to pay for Aukus and long-range missile ...
ft.com/content/a5ba1e78-92e7-4cd5-9bad-327e4358b1b4
South Korea's LG Electronics launches $800 million dollar bond - term sheet: South Korea's LG Electronics has launched a dollar bond deal to raise $800 million ...
reuters.com/markets/asia/south-koreas-lg-electronics-plans-raise-up-1-bln-with-dollar-bonds-sources-say-2024-04-18/
India-South Korea-US Trilateral Technology Cooperation: New developments mark a turning point for the India-South Korea special strategic partnership.
thediplomat.com/2024/04/india-south-korea-us-trilateral-technology-cooperation/
From footballer to Buddhist monk: Swedish ex-player’s incredible transformation detailed on his Instagram page
scmp.com/sport/football/article/3259457/footballer-buddhist-monk-swedish-ex-players-incredible-transformation-detailed-his-instagram-page
Schindler reaffirms 2024 sales target, but warns of weakness in China: Lift and escalator maker Schindler reiterated its full-year revenue guidance for low ...
reuters.com/business/schindler-posts-q1-order-intake-slightly-above-expectations-2024-04-18/
Exclusive: US plans to restore tariffs on dominant solar technology, sources say: The Biden administration is expected to grant a request by South Korea’s Hanwha ...
reut.rs/4cV1OUN
China foreign ministry welcomes Blinken's visit to China as tensions simmer: China's foreign ministry on Thursday welcomed U.S. Secretary of State Antony ...
reut.rs/442k5LQ
US trade chief calls for 'decisive' action to shield EV sector from China: The U.S. must take "decisive" action to protect electric vehicles (EVs) from ...
reuters.com/business/autos-transportation/ustr-tai-calls-decisive-action-shield-ev-sector-china-2024-04-17/
Asian finance officials raise ‘serious concerns’ over strong dollar: Emerging-market currencies have been under pressure from shifting US interest rate ...
ft.com/content/63c36478-8cf3-438e-91e2-97a8888773d1
Solomon Islands election puts China’s Pacific influence in spotlight: Incumbent Manasseh Sogavare’s development and security pact with Beijing has stoked western ...
ft.com/content/4367905e-d580-4174-a31e-26e72dcd4080
US and Asia allies push for new panel to monitor North Korea sanctions: The U.S., South Korea and Japan are pushing for a new multi-national panel of experts ...
reut.rs/49zEKrK
US navy flies aircraft through the Taiwan Strait a day after US-China defense chiefs hold rare talks
apnews.com/article/us-china-taiwan-strait-flight-ea835c8b35b63a50b5354a5dc9280116
Online videos show Chinese runner being gifted win in Beijing half-marathon: The winner, He Jia, is a member of China’s marathon team and is a national marathon ...
straitstimes.com/sport/online-videos-show-chinese-runner-being-gifted-win-in-beijing-half-marathon
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
IMF chief says productivity, Chinese consumer spending key to boosting global growth
reuters.com/markets/imf-chief-says-productivity-chinese-consumer-spending-key-boosting-global-growth-2024-04-18/
Huawei unveils new phone lineup to ramp up the pressure on Apple: Huawei Technologies Co released its latest series of smartphones on April 18 ...
thestar.com.my/tech/tech-news/2024/04/18/huawei-unveils-new-phone-lineup-to-ramp-up-the-pressure-on-apple
Joe Biden takes his first jab at Donald Trump over hush-money trial: With the slightest of jabs Wednesday, President Joe Biden publicly acknowledged former ...
usatoday.com/story/news/politics/elections/2024/04/17/biden-jabs-trump-over-hush-money-trial/73354008007/
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
Woman in Brazil wheels corpse into bank to take out loan in dead man’s name: A woman brought a 68-year-old man in a wheelchair into a bank branch and tried to ...
scmp.com/news/world/americas/article/3259462/woman-brazil-wheels-corpse-bank-take-out-loan-dead-mans-name
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Chinese scientists increase F-22 fighter jet’s radar signature 60,000 times with new detection method: study
scmp.com/news/china/science/article/3259428/chinese-scientists-increase-f-22-fighter-jets-radar-signature-60000-times-new-detection-method-study
US nods to 'serious' Japan, S.Korea concerns over slumping currencies: The United States, Japan and South Korea agreed to "consult closely" on foreign exchange ...
reuters.com/markets/us-japan-korea-finance-leaders-launch-first-trilateral-meeting-2024-04-17/
ASML Q1 bookings miss forecast, but China sales hold up: ASML , the largest supplier of equipment to computer chip makers, reported weaker than expected ...
reuters.com/technology/asml-reports-q1-earnings-13-billion-worse-than-expected-new-bookings-2024-04-17/
Japan and South Korea agree to deepen trilateral ties with U.S: TOKYO (Kyodo) Japanese Prime Minister Fumio Kishida said Wednesday he and South Korean President ...
asia.nikkei.com/Politics/International-relations/Japan-and-South-Korea-agree-to-deepen-trilateral-ties-with-U.S
US-Japan-Philippines trilateral gives Manila a fighting chance: In an unprecedented move with big regional implications, US President Joe Biden hosted a ...
asiatimes.com/2024/04/us-japan-philippines-trilateral-gives-manila-a-fighting-chance/
Huawei releases revamped, renamed Pura 70 flagship smartphone: TAIPEI -- Huawei Technologies began selling its latest premium smartphones in China on Thursday -- ...
asia.nikkei.com/Business/Technology/Huawei-releases-revamped-renamed-Pura-70-flagship-smartphone
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At G7, Blinken seeks European support for pressure on China: CAPRI: The United States urged European powers to increase pressure on China at a G7 foreign ...
channelnewsasia.com/asia/g7-blinken-seeks-european-support-pressure-china-4276471
South Korea Issues Rare Warning After Won Hits 1400 Per Dollar: South Korean authorities issued a rare warning to participants in the foreign exchange market ...
bloomberg.com/news/articles/2024-04-16/south-korea-issues-rare-warning-after-won-hits-1400-per-dollar-lv24xmqh
L’Oréal Bounces Back as Europe, North America Offset China: L’Oréal SA reported better-than-expected first-quarter sales as strength in Europe and North America ...
bloomberg.com/news/articles/2024-04-18/l-oreal-bounces-back-as-europe-north-america-offset-weak-china
China steelmakers show overcapacity strain as U.S. battens import hatches: HONG KONG -- Chinese steelmakers are being weighed down by overcapacity and are ...
asia.nikkei.com/Business/Materials/China-steelmakers-show-overcapacity-strain-as-U.S.-battens-import-hatches
100 Philippine domestic helpers to begin working in Seoul in August : Korea will receive 100 domestic helpers from the Philippines at the end of July for a pilot ...
koreatimes.co.kr/www/nation/2024/04/281_372996.html
US, Japan, S. Korea finance chiefs vow to work closely on forex - The Mainichi: WASHINGTON (Kyodo) -- The finance ministers of the United States ...
mainichi.jp/english/articles/20240418/p2g/00m/0bu/006000c
[INTERVIEW] Hangeul Kwaja bakes Korean alphabet into new snack sensation: Imagine a cookie that speaks volumes — quite literally. American Tyler Rasch and Indian ...
koreatimes.co.kr/www/culture/2024/04/141_372986.html
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree
scmp.com/news/people-culture/trending-china/article/3256292/humble-china-street-vendor-makes-sacrifices-support-academically-gifted-daughters-who-gain-phd-and
US Says Russia’s Arms Trade With North Korea Violates Sanctions: The US ambassador to the United Nations said Russia’s arms trade with North Korea breaches ...
bloomberg.com/news/articles/2024-04-17/us-says-russia-s-arms-trade-with-north-korea-violates-sanctions
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US and China defence ministers in first significant contact since 2022: Pentagon says Lloyd Austin stressed importance of freedom of navigation in call with Dong ...
ft.com/content/f52fd4de-6490-47a9-bd54-30bf6354b9c2
Le Sserafim's Coachella performance sparks debate on pressure, talent management
koreatimes.co.kr/www/art/2024/04/732_372840.html
Philippines says it won't give US access to more local military bases: The Philippine president says his administration has no plan to give the U.S ...
apnews.com/article/philippines-us-military-china-marcos-a89fc14bdef820b83d4a18adb557b487
Quick Glance: Philippines Rejects US Access to More Military Bases
- President Ferdinand Marcos Jr. allowed US access to four more Philippine military bases, bringing the total to nine.
- The Biden administration is strengthening alliances in the region to counter China, aligning with Philippine efforts to enhance external defense.
- Marcos emphasizes that the presence of US troops is in response to China's aggressive actions in the South China Sea.
- China accuses the Philippines of providing the US with bases that could undermine its security.
Tokyo Electron expected to see profit rebound on AI demand: TOKYO -- Japanese manufacturers of chipmaking equipment such as Tokyo Electron are attracting analyst ...
asia.nikkei.com/Business/Tech/Semiconductors/Tokyo-Electron-expected-to-see-profit-rebound-on-AI-demand
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Singer Rain to hold first Korea solo show in 9 years : Singer and actor Rain, also known as Jung Ji-hoon, is set to reconnect with his longtime fans by holding a ...
koreatimes.co.kr/www/art/2024/04/732_372918.html
Ricciardo says new RB F1 chassis brings "peace of mind": Daniel Ricciardo says his new RB chassis for the Chinese Grand Prix brings "peace of mind" and ...
motorsport.com/f1/news/ricciardo-says-new-rb-f1-chassis-brings-peace-of-mind/10599977/
US, China defence chiefs hold first talks in nearly 18 months: WASHINGTON: US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via ...
channelnewsasia.com/world/us-china-defence-chiefs-first-talks-18-months-south-china-sea-taiwan-4269751
Xi during Scholz visit: China not a party to Ukraine war: During his meeting with Chancellor Scholz, China's President Xi emphasized that his country is not a ...
zdf.de/nachrichten/politik/deutschland/scholz-xi-jinping-china-treffen-100.html
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
China's new home prices decline at fastest pace since 2015
reuters.com/world/china/chinas-new-home-prices-decline-fastest-pace-since-2015-2024-04-16/
Thousands of Samsung employees rally for better working conditions: HWASEONG, South Korea -- Over 2,000 members of a Samsung Electronics labor union held a rally ...
asia.nikkei.com/Business/Tech/Semiconductors/Thousands-of-Samsung-employees-rally-for-better-working-conditions
China expels teacher for pushing for students to use Tibetan language: Authorities interrogated him several times before suspending his teaching license.
rfa.org/english/news/tibet/teacher-expelled-04172024160617.html
Dongdaemun Yupdduk's record sales confirms growing popularity of 'tteokbokki'
koreatimes.co.kr/www/tech/2024/04/419_372998.html
Biden’s polite Trumpism on China: Communication matters precisely because the structural problem between the pair is probably insoluble
ft.com/content/da53d88b-1630-4b59-a2c6-11a848fb8d05
Blinken to raise China’s support for Russia’s defense industrial base during visit
english.alarabiya.net/News/world/2024/04/16/blinken-to-raise-china-s-support-for-russia-s-defense-industrial-base-during-visit
China picks its lowest-scoring officers to command nuclear submarines : Submarines are one of China's foremost weapons, but the officers who lead them are chosen ...
businessinsider.com/china-picks-its-lowest-scoring-officers-to-command-nuclear-submarines-2024-4
Taiwan: meetings with Xi are a clever strategy - of stalling: Taipei is buying itself some much-needed time at the high-level meeting with the People's Republic ...
nzz.ch/meinung/ewiger-frieden-um-taiwan-das-treffen-mit-xi-ist-auch-hinhaltestrategie-ld.1826531
VW to roll out new architecture with Xpeng to cut China EV costs: Volkswagen said on Wednesday it has developed a new architecture for intelligent and electric ...
timeslive.co.za/motoring/news/2024-04-17-vw-to-roll-out-new-architecture-with-xpeng-to-cut-china-ev-costs/
Nearly half of China's major cities are sinking, researchers say: Nearly half of China's major cities are suffering 'moderate to severe' levels of subsidence ...
ctvnews.ca/world/nearly-half-of-china-s-major-cities-are-sinking-researchers-say-1.6853428
U.S., Japan, South Korea finance chiefs share concern for weak yen, won: WASHINGTON -- Top finance officials from the U.S., Japan and South Korea expressed ...
asia.nikkei.com/Business/Markets/Currencies/U.S.-Japan-South-Korea-finance-chiefs-share-concern-for-weak-yen-won
Blinken to China to fuss about support for Russia: Antony Blinken will visit Beijing in the coming weeks, raising concerns about China’s overcapacity ...
asiatimes.com/2024/04/blinken-to-china-to-fuss-about-support-for-russia/
Pictures of the Day | April 17, 2024: Our top photos of the day.
reuters.com/pictures/photos-of-the-day/pictures-day-april-17-2024-2024-04-17/
Attractive China pig farm worker, 26, becomes internet sensation after quitting office job to work with animals
scmp.com/news/people-culture/trending-china/article/3256584/attractive-china-pig-farm-worker-26-becomes-internet-sensation-after-quitting-office-job-work
Exclusive: China's CNOOC stockpiles Russian oil at new reserve base, traders, tanker trackers say
reuters.com/business/energy/chinas-cnooc-stockpiles-russian-oil-new-reserve-base-traders-tanker-trackers-say-2024-04-15/
Manufacturers need to face up to new wave of Chinese competition: Pace of post-pandemic development a wake-up call for western companies
ft.com/content/9feb754c-d1c1-4b3b-8e4a-c09c240d1179
High risk of animal-to-human diseases developing in some China fur farms, animal protection group says
reuters.com/world/china/high-risk-animal-to-human-diseases-developing-some-china-fur-farms-animal-2024-04-15/
Countering China’s rare earth dominance and coercion: In December, the People’s Republic of China announced a retaliatory restriction of rare-earth element ...
asiatimes.com/2024/04/countering-chinas-rare-earth-dominance-and-coercion/
First contact since 2022: US Defense Secretary Austin on the phone with Chinese counterpart
spiegel.de/ausland/usa-lloyd-austin-verteidigungsminister-telefoniert-mit-chinesischem-amtskollegen-a-4b1003c7-19e9-49e2-b5cd-85f6989263f5
EU countries to pledge help for solar sector, but no trade curbs on China, draft shows
reuters.com/sustainability/eu-countries-pledge-help-solar-sector-no-trade-curbs-china-draft-shows-2024-04-15/
South Korea remembers deadly Sewol ferry accident 10 years on: SEOUL -- Kim Jong-ki is imagining what kind of adult his youngest daughter could have become ...
asia.nikkei.com/Spotlight/Society/South-Korea-remembers-deadly-Sewol-ferry-accident-10-years-on
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North Korea expands surveillance with Chinese cameras : To monitor its population even more closely North Korea is placing surveillance cameras in schools and ...
wionews.com/world/north-korea-expands-surveillance-with-chinese-cameras-712163
China's Baidu Unveils New AI Tools for Chatbot Creation: China's Baidu has unveiled new AI tools allowing people with no coding knowledge to create ...
techtimes.com/articles/303725/20240418/china-baidu-unveils-new-ai-tools-chatbot-creation.htm
Argentina Central Bank Chief Among Top Officials Headed to China: Argentina’s top government officials are preparing to visit China in the next few weeks as ...
trib.al/qZsYRFn
Malaysia is unfazed by China, U.S. semiconductor competition, minister says: Malaysia appears to be benefitting from U.S.-China trade tensions ...
cnbc.com/2024/04/18/malaysia-is-unfazed-by-china-us-chip-competition-minister-says.html
Biden’s options for retaliating against Iran risk antagonizing China: The administration faces challenges enacting new economic penalties that are not purely ...
washingtonpost.com/business/2024/04/16/sanctions-iran-biden-china/
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
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