This is the first time that the South Korean President has clarified on this matter. North Korea will now know there’s no turning back the clock if it were to continue doing its Don Quixote act. On Thursday, South Korea’s… Read More ›
China
North Korea will gain Guam strike capability in mid-August
With North Korea’s state media revealing details of the strike capability, it would appear that the China-backed regime is baiting the Donald Trump. North Korea’s state media has disclosed that it will be in a position to launch four intermediate… Read More ›
Japan can legally shoot down missile flying over its territory
Although, Japan is not known to have this defense capability, Japan’s defense minister has clarified, it can legally do so. On Thursday, Japanese Defense Minister Itsunori Onodera stated the country could legally intercept a North Korean missile headed towards Guam…. Read More ›
Midst tensions with China, Vietnam wins U.S. defence pledge
An increasingly aggressive China is facing threats in different fronts. A misstep in any one area will significantly dent and hammer its economic and geo-political ambitions. With China flexing its muscles in the South China Sea, Vietnam has won… Read More ›
Volvo shares engine technology with its Chinese parent
With this development, the Volvo brand will get diluted even further. As per sources familiar with the matter at hand, Sweden’s Volvo Cars, which incidentally is a unit of Zhejiang Geely Holding Group, has agreed to provide its engines for… Read More ›
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
Jaguar Land Rover picks China for its first overseas engine plant
Like much of the British car industry, the uncertainty surrounding Brexit negotiations is pushing companies to invest overseas rather than expand production facilities in the country. On Friday, Britain’s Jaguar Land Rover picked China for its first overseas engine plant… Read More ›
Birmingham Retirement and Relief System sues Chinese ZTO over untrue financial statement in its 2016 IPO
The lawsuit states that the underwriters had failed to do their due diligence. A U.S. pension fund has sued Chinese courier ZTO Express and its underwriters alleging that the company has significantly hiked its profit margins to attract investors for… Read More ›
The ECB is likely to launch ownership control procedures for 2 of the top Deutsche Bank’s share holders
The fact that the Europe’s central bank is considering to investigate China’s & Qatar’s holdings is telling. As per a regulatory source within Europe’s top banking regulator, the bloc’s central bank is considering carrying out a review of Deutsche Bank’s… Read More ›
China forces Uber to close shop in Macau
By imposing steep fines on its drivers Chinese-ruled Macau has ensured that the company’s services comes to an end in the region. In what has been described to be a blow to embattled ride services giant Uber Technologies Inc, the… Read More ›