Archive for May 20th, 2017

Honey Moon? New Korean leader’s popularity surges with common man touch

20-May-2017 Intellasia | Reuters | 6:00 AM

He removes his own jacket, brushing off an aide who tried to take it off like a butler. He takes questions from journalists without vetting them first. He gets a $3 lunch [...]
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N.K. ambassador to Iran claims intelligence agency of US, S. Korea planned terror attack on Kim Jong-un

20-May-2017 Intellasia | Yonhap | 6:00 AM

North Korea’s ambassador to Iran on Thursday claimed that the intelligence agencies of the United States and South Korea planned a terror attack on Kim Jong-un. In an [...]
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Japan on same security page with US but not Korea

20-May-2017 Intellasia | Nikkei | 6:00 AM

As tensions rise on Korean Peninsula, Japan seeks preparedness JS Izumo, Japan’s aircraft carrier-like destroyer, sailed parallel to the Richard E. Byrd, a US Navy [...]
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First N Korea-Russia ferry service opens despite UN sanctions

20-May-2017 Intellasia | BBC | 6:00 AM

A North Korean passenger ferry has docked in Russia’s far-eastern port of Vladivostok for the first time. The vessel, called the Mangyongbong, will sail once a week to [...]
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Korea After Park

20-May-2017 Intellasia | Jacobinmag | 6:00 AM

Most South Koreans greeted Moon Jae-in’s election as president on May 9 with a huge sigh of relief. Not only does his comfortable victory close almost a decade of [...]
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Moon’s special envoy arrives in China for talks on summit, N. Korea

20-May-2017 Intellasia | Korea Herald | 6:00 AM

A special envoy of South Korean President Moon Jae-in arrived in China on Thursday for discussions on a summit between the countries’ heads of state and ways to contain [...]
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‘WannaCry’ attack: Was N Korea trying to send a message?

20-May-2017 Intellasia | LA Times | 6:00 AM

The purpose of the recent ransomware attack that appears to have emanated from North Korea was clearly not to extort a few thousand dollars from the victims. One possibility [...]
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New ferry links N Korea and Russia despite US calls for isolation

New ferry links N Korea and Russia despite US calls for isolation

20-May-2017 Intellasia | Reuters | 6:00 AM

A new ferry between isolated North Korea and Russia docked for the first time at the Pacific port of Vladivostok on Thursday, in spite of US calls for countries to curtail [...]
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China is reluctant to blame N Korea, its ally, for WannaCry

20-May-2017 Intellasia | The NewYork Times | 6:00 AM

North Korea tests nuclear weapons less than 100 miles from China’s border. It launched a missile hours before a speech by Chinese President Xi Jinping on Sunday (May [...]
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China’s Using the Yuan to Combat Risk of a Wider Market Meltdown

20-May-2017 Intellasia | Bloomberg | 6:00 AM

China has an insurance policy against a full-scale market meltdown: the daily currency fixing. With stocks and bonds in retreat amid anxiety over Beijing’s deleveraging [...]
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Mnuchin Says American Workers Benefit From Latest China FX Moves

20-May-2017 Intellasia | Bloomberg | 6:00 AM

US Treasury Secretary Steven Mnuchin said China’s recent use of foreign currency reserves to prop up the yuan works to the benefit of American workers, and reverses [...]
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Alibaba Profit Lags Estimates on Tax as Sales Defy Slowdown

20-May-2017 Intellasia | Bloomberg | 6:00 AM

Alibaba Group Holding Ltd’s earnings lagged estimates after it swallowed a higher tax bill and splurged on the entertainment and cloud computing businesses that are [...]
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China Unicom Units Inflated Sales for Years, Document Shows

20-May-2017 Intellasia | Bloomberg | 6:00 AM

China United Network Communications Group Co., the state-run phone giant known as Unicom Group, found what it described as an unprecedented degree of falsified revenue, [...]
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Alibaba Is US Favourite as Hedge Funds Fly From Ctrip: Chart

20-May-2017 Intellasia | Bloomberg | 6:00 AM

US hedge funds increased their holdings in Alibaba Group Holding Ltd more than any other U.S-listed Chinese stock in the first quarter, 13-F filings show, followed by a net [...]
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Jack Ma’s Ant Financial Eyes More Deals in Global Expansion

20-May-2017 Intellasia | Bloomberg | 6:00 AM

Ant Financial, China’s largest provider of internet financial services, will continue investing in mobile-payment providers around the world to boost offshore revenue [...]
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