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Economy

North Korea, which is banned by U.N. resolutions from engaging in nuclear and missile developments, has accused the United States of a hostile policy to crush its regime, calling its nuclear weapons a "sacred sword" to protect itself. occurred just days after a new government was launched in South Korea. The Security Council has adopted six increasingly tougher sanctions resolutions against North Korea.
  • Buffett says his successor needs money mind

    Economy

    The investment firm owned 8.5 percent of IBM in March. "I think they would agree that it's tougher to run $10 billion than it is to run one or two billion", he said. "I'm very pessimistic on weapons of mass destruction generally although I don't think that nuclear probably is quite as likely as either primarily biological and maybe cyber", he said.
  • WannaCry ransomware: Cyber attack eases, hacking group threatens to sell code

    Economy

    Uruguayan Ambassador Elbio Rosselli, the current council president, said after the meeting that members are united in condemning the latest missile launch as "a serious threat to global peace". "We are continuing to investigate for stronger connections". In launching a missile test on Sunday, by some estimates its most powerful yet, North Korea reminded the world that its nuclear and military ambitions remain unbroken.
  • US admiral: North Korea's actions 'recipe for disaster'

    US admiral: North Korea's actions 'recipe for disaster'

    Economy

    Haley previously indicated that new sanctions could target oil, a critical import for North Korea mainly from China, and she said Tuesday the USA also wants sanctions on organizations and businesses in third countries that are helping Pyongyang.
  • Game Digital PLC's (GMD) Hold Rating Reaffirmed at Liberum Capital

    Economy

    Twenty-First Century Fox Inc had 52 analyst reports since August 6, 2015 according to SRatingsIntel. Peel Hunt reissued an under review rating on shares of Wolseley plc in a research report on Tuesday, March 28th. (NASDAQ:CPRT). Voloridge Mngmt Ltd Liability Corp invested in 29,321 shares. Denali Advsr Ltd Company owns 187,900 shares for 0.38% of their portfolio.
  • Trump asked Comey to drop Flynn investigation

    Trump asked Comey to drop Flynn investigation

    Economy

    The conversation about Flynn then followed. Walker said until he sees what's in the memo, it's hard to speculate on whether Comey needs to testify before Congress. If Comey's memo is accurate, is it obstruction of justice? It is vital that Congress obtain these memos and hear public testimony from former Director Comey.
  • Hong Kong, China Regulators Approve 'Bond Connect' Scheme

    Hong Kong, China Regulators Approve 'Bond Connect' Scheme

    Economy

    Regulators in Hong Kong and China have approved a program that will allow investors operating in Hong Kong to trade in the Chinese bond market. The new program will "reinforce and improve Hong Kong's role as an worldwide financial center, help China's financial opening-up and contribute to Hong Kong's long-term prosperity and stability", said a joint statement from the People's Bank of China and the Hong Kong Monetary Authority, which regulates the city's bond market.
  • China`s homemade C919 passenger jet makes successful flight

    China`s homemade C919 passenger jet makes successful flight

    Economy

    The C919, regarded as China's answer to the Boeing 737 and Airbus 320, is expected to make its maiden flight on May 5, according to the Commercial Aircraft Corporation of China (COMAC). After about 90 minutes in the air the aircraft landed safely back at Pudong airport in Shanghai . With the flight, China joins the ranks of the few nations that have developed homegrown large airliners: the U.S., Russia , Brazil, Canada, the U.K., France and Germany.
  • China's Xi decries protectionism, touts Silk Road

    Economy

    While some see Beijing's project as a geopolitical powerplay, Xi has insisted that the Belt and Road is open to everybody. "As an ancient Chinese saying goes - one single light feather does not make a bird fly high or one single hoof does not make a horse run fast", he said in a statement to the worldwide press without taking questions.
  • UN Ready to Impose Further Sanctions on North Korea

    UN Ready to Impose Further Sanctions on North Korea

    Economy

    North Korea, which has defied calls to rein in its weapons program - even from its lone major ally China, has been working on a missile mounted with a nuclear warhead capable of striking the U.S. U.S. Ambassador to the United Nations Nikki Haley said on Sunday that the U.S. and its worldwide partners will "tighten the screws" on the North Korean regime.
  • O&G stocks buoyant after Saudi, Russia agree to extend output cuts

    O&G stocks buoyant after Saudi, Russia agree to extend output cuts

    Economy

    Elsewhere, Brent oil for July delivery on the ICE Futures Exchange in London rose 25 cents to $52.07 a barrel. "With crude sliding well below the $50 a barrel mark, producers clearly had to cushion the downfall and today's OPEC announcement may serve as nothing more than a dead-cat bounce, if global demand does not pick up", he said.
  • North Korea Says It Plans To Develop Diverse Collection Of Nukes

    Economy

    Communications were severed by the North previous year, Lee said, in the wake of new sanctions following North Korea's last nuclear test and Pyongyang's decision to shut down a joint industrial zone operated inside the North. "You are either with North Korea or you are not". "We should never underestimate it". Trump and new South Korean President Moon Jae-in will meet in Washington next month, with North Korea expected to be high on the agenda, the South's presidential Blue House said.