S.Korea’s president-elect harnessed voter discontent. Now comes the hard part
SEOUL — South Korea’s new president-elect harnessed widespread public discontent and disillusionment to win Wednesday’s election but the same volatile forces that brought him to power may complicate his efforts to enact reforms, analysts said.
South Korea’s new lithium battery rules on planes highlight growing risk for aviation
SEOUL — South Korea tightened rules on carrying lithium batteries on planes from Saturday, highlighting a growing risk to flights worldwide from the batteries...
Fed policymakers signal rate cuts ahead, but not recession
US central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary freefall, but also...
Ocean temperatures soar to hot-tub levels around South Florida this week
KEY LARGO, Florida — The surface ocean temperature in and around the Florida Keys soared to typical hot tub levels this week, amid recent...
German voters demand change as Europe’s biggest economy stalls
GELSENKIRCHEN, Germany — Lars Baumguertel wants Germany’s politicians to get out their cheque books.
The 58-year-old executive runs one of the last surviving manufacturers in...
NZ records 100 days without domestic virus case
WELLINGTON — New Zealand marked 100 days without a domestic transmission of the coronavirus on Sunday, but warned against complacency as countries like Vietnam and Australia, which once had the virus under control, now battle a resurgence in infections.
Japan’s Space One Kairos rocket explodes on inaugural flight
TOKYO - Kairos, a small, solid-fueled rocket made by Japan's Space One, exploded shortly after its inaugural launch on Wednesday as the firm tried to become...
US to donate 500 million Pfizer vaccine doses to the world — sources
WASHINGTON — The Biden administration plans to donate 500 million Pfizer coronavirus vaccine doses to nearly 100 countries over the next two years, three sources familiar...
Israel seen as likely to attack Iran by midyear, Post reports
US INTELLIGENCE warns that Israel is likely to launch a preemptive attack on Iran’s nuclear program by midyear, the Washington Post reported on Wednesday,...
Central China’s Henan province swamped after heaviest rain in 1,000 years
BEIJING — Large swathes of China’s central Henan province were under water on Wednesday, with at least a dozen people dead in its capital Zhengzhou after the city was drenched by what weather watchers said was the heaviest rain in 1,000 years.
Taiwan’s Foxconn, TSMC ink $350 mln COVID-19 vaccine deal
TAIPEI — Taiwan’s Foxconn and Taiwan Semiconductor Manufacturing Co. (TSMC) said on Monday they had reached deals to buy 10 million doses of Germany’s BioNTech SE’s coronavirus disease 2019 (COVID-19) vaccine, putting the total cost of the highly politicized deal at around $350 million.
China firms go ‘underground’ on Russia payments as banks pull back
An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets...