President Donald Trump repeated earlier this month his frequent complaint that the “the U.S. has been ripped off by other countries for years on trade,” but he omitted to mention that the “ripping off” process continues — on his watch. Here is what’s happening to U.S. trade accounts under Trump’s […]
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Foxconn is investigating labor conditions at a China factory used for Amazon products
Contract manufacturer Foxconn said on Sunday it is investigating a plant in China that makes devices for Amazon.com Inc, after a U.S. watchdog group criticized what it described as harsh working conditions at the factory. A 94-page report by New York-based China Labor Watch that followed a nine-month investigation cited […]
Trump on meeting Kim Jong Un: ‘Things could work out very nicely’
Speaking in Singapore on Monday, President Donald Trump said he believed Tuesday’s meeting with North Korea’s Kim Jong Un “could work out very nicely.” “We’ve got a very interesting meeting in particular tomorrow, I think things could work out very nicely,” he said during a bilateral meeting with Singapore Prime […]
How we got here: The failed deals and successful missiles that led to this week’s summit
President Donald Trump and North Korean leader Kim Jong Un are set to meet at the negotiating table in Singapore on Tuesday in a dramatic reversal from last year’s insults and brinkmanship. The road to the historic meeting — the first between a sitting U.S. President and a North Korean […]
Everything you need to know about Tuesday’s US-North Korea summit
The first-ever meeting between sitting U.S. and North Korean leaders is set to happen in Singapore with potentially major consequences for Asia and the international community. President Donald Trump and North Korea’s Kim Jong Un, who arrived separately to the Southeast Asian city-state on Sunday, are due to meet face-to-face […]
Hong Kong pro-democracy activist jailed for 6 years for rioting and assaulting the police
A former rising star in Hong Kong’s radical youth opposition was sentenced to 6 years in jail on Monday for rioting and assaulting the police, one of the city’s harshest sentences against a democracy activist in recent years. Edward Leung, 26, one of the leaders of a movement advocating Hong […]
Malaysia just came out in favor of protectionism — despite being in the trans-Pacific trade deal
It is “justified” for small, developing nations to enjoy some form of protectionism because they cannot compete on equal footing against large trading countries, Malaysian Prime Minister Mahathir Mohamad said on Monday. Speaking at a conference in Tokyo, he said that countries that are still growing need some “privileges.” In […]
Ahead of meeting with North Korea, Trump keeps lashing out at allies Canada and Europe
President Donald Trump lashed out again at U.S. allies Canada and Europe on trade in a Monday morning Twitter post. The U.S. leader, who is now in Singapore to meet with his North Korean counterpart, said “Fair Trade is now to be called Fool Trade if it is not Reciprocal,” […]
A US fighter jet has crashed into the sea off Okinawa in Japan
A U.S. military F15 fighter jet crashed in waters off Japan’s southern island of Okinawa, where the bulk of U.S. forces in Japan are based, during a routine training mission on Monday, U.S. Forces Japan said in a statement. The pilot, the only person in the aircraft, ejected successfully and […]
Bitcoin tumbles 10% on news of South Korea crypto exchange hack
Bitcoin tumbled 10 percent on Sunday to its lowest in two months, after a relatively small South Korean exchange said it was hacked. Over the weekend, crypto exchange Coinrail tweeted that it was hacked, and noted that lesser-known cryptocurrencies such as Pundi X were among those affected, according to Google […]