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Kim Jong-un greets Moon Jae-in as inter-Korean summit starts

Leaders take part in highly choreographed opening to three days of talks in Pyongyang, North Korea Kim Jong-un has greeted the South Korean president to cheers from crowds assembled at North Koreas Pyongyang airport as the pair begin their third summit. The North Korean leader emerged from the airport building to raucous cheering and walked up to President Moon Jae-in. The two leaders embraced and flashed wide smiles. South Korean President Moon Jae-in hugs North Korean leader Kim Jong-Un Photograph: AP The highly choreographed meeting set to dramatic music provided…

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Asia Stocks Mixed on Trade Volleys; Kiwi Slumps: Markets Wrap

Asian stocks traded mixed as China hit back against the Trump administration’s latest tariffs and tensions ratcheted up between the U.S. and Russia. The yen edged higher, while oil held on to its losses. Shares fell in Japan and South Korea, fluctuated in Hong Kong, and pushed higher in China and Australia. Treasuries added to gains made as investors scooped up a record $26 billion 10-year auction. The kiwi tumbled to a two-year low after the New Zealand central bank pushed out its forecast for a rate increase by a…

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World Cup 2018 power rankings: Brazil and Croatia lead the way

At the end of the group stage we rank the 32 teams at the World Cup in Russia, with Brazil top, England in 10th and Panama last 1) Brazil It is hard to shake the feeling that Brazil are the best-balanced side at this World Cup. win over Serbia and they look capable of raising things further. thumping win over Argentina. A meeting with Spain in the last eight looks likely and Zlatko Dalics side cannot be ruled out of doing something special. 3) Belgium Whether or not they really…

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North Korea making ‘rapid’ upgrades to nuclear reactor despite summit pledges

Monitoring group says work shows why a denuclearisation deal rather than a statement of lofty goals is needed North Korea has continued to upgrade its only known nuclear reactor used to fuel its weapons program, satellite imagery has shown, despite ongoing negotiations with the US and a pledge to denuclearise. Play Video 4:03 according to an analysis by monitoring group 38 North of commercial satellite images taken on 21 June. The cooling system for the plutonium production reactor has been modified and at least two new non-industrial buildings have been…

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North and South Korean leaders promise ‘lasting peace’ for peninsula

Kim Jong-un and Moon Jae-in pledge denuclearisation and end to decades of hostility after summit The leaders of North and South Korea have promised after a landmark summit to bring lasting peace to the peninsula with a commitment to denuclearisation and to ending decades of hostilities. Speaking at the end of an extraordinary day that summit between Kim and Donald Trump. The US president, in his April 27, 2018 Speaking at the White House, Trump warned that the US was not going to be played by North Korea, later the…

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Offended by Koreans eating dog? I trust youve never had a bacon butty | Chas Newkey-Burden

Frightened animals being caged, killed and turned into food wed never dream of such evils in the western world, writes journalist and author Chas Newkey-Burden The meat industry Offended by Koreans eating dog? I trust youve never had a bacon butty Chas Newkey-Burden Frightened animals being caged, killed and turned into food wed never dream of such evils in the west would we? @AllThatChas Last modified on Thu 15 Feb 2018 09.20EST Share via Email Share on LinkedIn Share on WhatsApp Labradors, beagles and chihuahuas are eaten in South Korea.…

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Bitcoin Whipsaws Investors as Bubble Shows Signs of Bursting

Bitcoin whipsawed investors, falling below $8,000 for the first time since November before recovering most of Friday’s losses, as a miserable 2018 continued for cryptocurrencies. Since reaching a record high of $19,511 on Dec. 18 shortly after the introduction of regulated futures contracts in the U.S., Bitcoin has wiped out more than half its value amid waves of negative news. Setbacks included escalating regulatory threats from authorities around the world including India, raided Coincheck’s offices Friday morning, a week after the robbery, hauling out documents and computers as evidence. The…

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Stricken Iranian Oil Tanker Sinks in East China Sea After Blast

The Iranian oil tanker Sanchi sank into the East China Sea on Sunday afternoon after a blast, causing a "serious" oil spill that covered 10 square kilometers (3.9 square miles), state television reported, citing China’s State Oceanic Administration. The oil from the tanker was still burning, China Central Television reported Sunday. A State Oceanic Administration official reached by phone said the administration is collecting data from the spill area, and the administration said on its website that the spill will have an impact on the environment. All 32 crew members…

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Asia Stocks Rise as Earnings Awaited, Won Weakens: Markets Wrap

Asian equities edged higher ahead of the start of the region’s earnings season this week, with investors betting that the outlook for economic growth and profits is strong enough to support record-high stock prices. The Korean won fell. Shares from Sydney to Seoul climbed with markets in Tokyo closed Monday for a holiday. Samsung Electronics Co. and a slew of Japanese retailers and manufacturers are among companies giving profit updates this week. South Korea’s currency reversed gains as authorities said they would take action to stem one-sided moves in the won. Oil…

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North Korea Signals Olympics Truce, Seeks Talks With Seoul

North Korean leader Kim Jong Un called for urgent talks with South Korea to make the Winter Olympics next month a success even while repeating claims that he could strike the U.S. with a nuclear bomb if necessary. In an annual New Year’s day speech, Kim said that “we sincerely hope the games will be successful.” He said that both Koreas should seek to resolve problems among themselves rather than seek help from outside of the region. “It’s about time that the North and the South sit down and seriously…

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Kim Jong Un Says Nuclear Button to Hit U.S. Always on My Desk

Kim Jong Un repeated claims that he could hit the U.S. with a nuclear weapon, saying that its deterrent is “irreversible” and would prevent President Donald Trump from starting a war. Kim also said he planned to send a delegation to the Winter Olympics in South Korea next month, Yonhap News reported, even as he called for mass production of nuclear warheads. South Korean television stations stopped broadcasting the speech before it ended. “It’s reality, not a threat, that the nuclear button is always on my desk,” Kim said in…

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China to Overtake U.S. Economy by 2032 as Asian Might Builds

The growing leapfrogging the U.K. and France next year to become the world’s fifth-biggest economy in dollar terms. It will advance to third place by 2027, moving ahead of Germany. In 2032, three of the four largest economies will be Asian — China, India and Japan — and, by that time, China will also have overtaken the U.S. to hold the No. 1 spot. India’s advance won’t stop there, according to the CEBR, which sees it taking the top place in the second half of the century. Also by 2032,…

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North Korea Warns That Nuclear War Could Break Out Any Moment

North Korea warned that a nuclear war “may break out any moment” as the U.S. and South Korea began one of the largest joint naval drills off both the east and west coasts of the peninsula. Kim In Ryong, North Korea’s deputy ambassador to the United Nations, said on Monday that his nation had become a “full-fledged nuclear power which possesses the delivery means of various ranges” and warned that “the entire U.S. mainland is within our firing range.” He also called North Korea “a responsible nuclear state.” “As long…

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North Korean Hack of U.S. War Plans Shows Off Cyber Skills

The techno soldiers of Kim Jong Un are growing more aggressive in defending North Korea’s supreme leader against threats from The Interview.” If Kim’s cyber warriors have indeed stolen the top-secret intelligence, it raises alarms about the security of U.S.-South Korea information and the effectiveness of potential military options. “The plan is fundamental to conducting a war operation and leakage of even a small part of it is very critical,” Rhee Cheol-hee, the ruling party lawmaker, said in a telephone interview. “How could we fight against an enemy and win a…

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