Archive for December 27th, 2016

American student, 22, is still stuck in N Korea after a year because Kim Jong-un is unwilling to make deals like his father

27-Dec-2016 Intellasia | Dailymail | 6:00 AM

It’s been almost a year since Otto Warmbier, a 22-year-old American student, was detained in North Korea – and not much progress has been made in the case to get [...]
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When Is N Korea’s Next Nuclear Test? Pyongyang Seeks Opportunity During Korean Presidential Election

27-Dec-2016 Intellasia | IBT | 6:00 AM

North Korea is likely to conduct a nuclear test during the South Korean presidential election next year, according to a former North Korean diplomat. Pyongyang has garnered [...]
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Industrial Bank of Korea names new CEO

27-Dec-2016 Intellasia | Pulsenews | 6:00 AM

Industrial Bank of Korea’s senior executive vice president Kim Do-Jin has been nominated to become the state-owned bank’s chief executive, financial authorities [...]
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Korea culls 25 million birds

27-Dec-2016 Intellasia | AAP | 6:00 AM

South Korean authorities say they have culled 22.5 million birds so far this winter and plan to put down another three million in the coming days to contain the spread of [...]
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Blindsided by SUV boom, Hyundai Motor trims costs, perks

27-Dec-2016 Intellasia | Reuters | 6:00 AM

Headed for a fourth straight annual profit decline, Hyundai Motor is trimming its cost fat; scaling back on business class flights and annual family home trips for overseas [...]
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China’s Stalling Bond Engine Creates a Policy Dilemma

27-Dec-2016 Intellasia | Bloomberg | 6:00 AM

China’s roaring bond engine is stalling heading into the new year, posing a quandary for policy makers as they try to curb leverage while keeping economic growth on [...]
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China fines GM unit $29 million for ‘price-fixing’

27-Dec-2016 Intellasia | Reuters | 6:00 AM

Beijing has fined the Chinese unit of general Motors nearly $29 million for “infringing on the rights of consumers and its competitors” via price-fixing, Shanghai [...]
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China aircraft carrier to lead Pacific drills for first time

China aircraft carrier to lead Pacific drills for first time

27-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s navy sent its sole aircraft carrier into the Pacific for the first time, state media reported – a move likely to ratchet up regional tensions. The [...]
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China needs to regulate ‘money gates’ but guard against financial stress: state media

27-Dec-2016 Intellasia | Reuters | 6:00 AM

China needs to keep financial market liquidity stable and regulate its “money gates” to prevent asset bubbles, but it also needs to ensure a lack of liquidity [...]
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Power surge: Chinese electric car battery maker charges for global market

27-Dec-2016 Intellasia | Reuters | 6:00 AM

A dusty village on the outskirts of Ningde, a third-tier city in China’s southeast, seems an unlikely place for the headquarters of a potential global leader in future [...]
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China uncovers 500,000 food safety violations in nine months

27-Dec-2016 Intellasia | Reuters | 6:00 AM

China, rocked in recent years by a series of food safety scandals, uncovered as many as half a million illegal food safety violations in the first three quarters of the year, [...]
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China to levy new taxes in bid to strengthen pollution fight

27-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s largely rubber-stamp parliament passed a law on Sunday that will levy specific environmental protection taxes on industry for the first time from 2018, as part [...]
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China’s Suzhou city to halt live poultry trade over bird flu concerns

27-Dec-2016 Intellasia | Reuters | 6:00 AM

A Chinese city said on Sunday it will suspend the trade of live poultry in the interests of public health after neighbouring provinces reported cases of human bird flu [...]
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BMW to recall nearly 200,000 cars in China

27-Dec-2016 Intellasia | AFP | 6:00 AM

German luxury carmaker BMW will recall nearly 200,000 vehicles in China because of flawed airbags, according to the country’s quality regulator and the company. Some [...]
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China’s giant cow farms leave neighbours up milk creek

27-Dec-2016 Intellasia | AFP | 6:00 AM

Giant piles of black manure towering over cornfields, while rancid-smelling effluent from thousands of cows spills onto the land – this is the price of a glass of milk [...]
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