US hails ‘new era’ with ASEAN as summit commits to raise level of ties

WASHINGTON, May 13 (Reuters) – US President Joe Biden said on Friday a first summit in Washington with leaders from the Association of Southeast Asian Nations (ASEAN) marked the launch of a “new era” in the relationship between the United States and the 10-nation bloc. In a joint 28-point “vision statement” after a two-day meeting, … Read more

N.Korea reports first COVID-19 outbreak, orders lockdown in “gravest emergency”

North Korea declares ‘gravest national emergency’ Potential for ‘unprecedented crisis’ for Kim Jong Un – expert Isolated state has declined int’l offer of vaccine No North Korean civilians are believed to have been vaccinated SEOUL, May 12 (Reuters) – North Korea confirmed its first COVID-19 outbreak on Thursday, calling it the “gravest national emergency” and … Read more

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $ 100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s … Read more

North Korea fires likely submarine-launched ballistic missile, South Korea says

North Korean leader Kim Jong Un meets troops who have taken part in the military parade to mark the 90th anniversary of the founding of the Korean People’s Revolutionary Army, in this undated photo released by North Korea’s Korean Central News Agency (KCNA) April 29, 2022 KCNA via REUTERS Register now for FREE unlimited access … Read more

Tata, India’s electric vehicle king, takes a frugal road less traveled

PUNE, India, May 2 (Reuters) – To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd (TAMO.NS) repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand. The area, … Read more

Wall Street tumbles, as European shares again retreat

Nasdaq closes at lowest since late 2020 World, European shares give back earlier gains China stocks fall further as Beijing races to battle COVID Dollar hits fresh 2-year peak on China COVID fears, Fed bets Graphic: Global asset performance WASHINGTON / MILAN, April 26 (Reuters) – US shares tumbled on Tuesday, with the Nasdaq posting … Read more

Stocks, oil tumble as recession worry offsets French vote relief

Stocks drop as global recession fears build Beijing seen at risk of lockdown Macron election win relief short-lived for euro Oil tumbles back toward $ 100 a barrel Twitter shares jump on Musk takeover talk LONDON, April 25 (Reuters) – Traders ditched riskier assets on Monday as relief over Emmanuel Macron’s victory in the French … Read more