Biden's trip to Asia, explained

theweek.com President Biden departed Thursday afternoon for a trip to Asia, the first time he's visited the continent during his presidency. But what will he do there, and why is he going now? Here's everything you need to...

Global stocks rise after Wall St slips closer to bear market

apnews.com BEIJING (AP) — Global stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher.London opened higher while Frankfurt retreated....

Biden in Asia: New friends, old tensions, storms at home

apnews.com SEOUL, South Korea (AP) — President Joe Biden hopes to use his visit to Asia to confirm his belief that long-standing friendships can afford to become even friendlier — and pay dividends. His six-day trip starts in...

Samsung leader Lee excused from trial hearing as Biden to tour S.Korea chip plant

investing.com By Joyce Lee SEOUL - Samsung Electronics (OTC:SSNLF) Vice Chairman Jay Y. Lee has been excused from attending an accounting fraud trial hearing on Friday, a court spokesperson said, as he is expected to host the...

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST

bitcoin.com Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST) Terraform Labs Korea decided to dissolve its Busan...

N. Korea's low death count questioned amid COVID-19 outbreak

apnews.com SEOUL, South Korea (AP) — North Korea said Friday that nearly 10% of its 26 million people have fallen ill and 65 people have died amid its first COVID-19 outbreak, as outside experts question the validity of its...

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST

bitcoin.com Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST) Terraform Labs Korea decided to dissolve its Busan...

South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

cointelegraph.com Terraform Labs and co-founder Do Kwon continue to attract more legal trouble in the wake of the collapse of the Terra ecosystem. Terraform was founded in 2009 and was one of the first of its kind in the U.S. It was...

Tea and infomercials: N. Korea fights COVID with few tools

apnews.com SEOUL, South Korea — On a recent nighttime visit to a drugstore, a double-masked Kim Jong Un lamented the slow delivery of medicine. Separately, the North Korean leader's lieutenants have quarantined hundreds of...

Crypto-loving S.Koreans bet on Luna rising from ashes, worrying regulator

investing.com By Jihoon Lee and Cynthia Kim SEOUL - Reckoning they have little to lose with prices so ridiculously low, South Korean speculators in recent days have piled into Luna, a cryptocurrency that lost 99.99% of its value...

North Korea's suspected COVID-19 caseload nears 2 million

apnews.com SEOUL, South Korea — North Korea on Thursday reported 262,270 more suspected COVID-19 cases as its pandemic caseload neared 2 million — a week after the country acknowledged the outbreak and scrambled to slow...

Some in Shanghai allowed out to shop; end of COVID lockdown in sight

investing.com By Brenda Goh SHANGHAI/BEIJING - More Shanghai residents were given the freedom to go out to shop for groceries for the first time in nearly two months on Thursday as authorities set out more plans for exiting the...

North Korea weapons threat casts shadow on Biden visit

investing.com WASHINGTON - Any major North Korea weapons test over the next five days could overshadow U.S. President Joe Biden's broader trip focus on bolstering Asian allies against China, analysts say. Despite the Biden...

Biden visits Japan, South Korea carrying warning to China

investing.com By Trevor Hunnicutt, David Brunnstrom and Michael Martina WASHINGTON/SEOUL/TOKYO - Joe Biden will visit Japan and South Korea on his first Asian trip as U.S. president, carrying a clear message to China, advisers...

N.Korea boosts production of drugs, medical supplies to battle COVID

investing.com By Hyonhee Shin SEOUL -North Korea is ramping up production of drugs and medical supplies including sterilisers and thermometers as it battles an unprecedented coronavirus outbreak, state media KCNA said on...