Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

SEOUL, June 29 (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a … Read more

China heatwaves drive up power demand to record levels, southern floods swamp cities

China heatwaves drive up power demand to record levels, southern floods swamp cities

SHANGHAI/BEIJING, June 22 (Reuters) – Heatwaves in northern and central China drove up electricity demand to record levels as millions switched on air conditioners to escape the sweltering conditions, while floodwaters in the south submerged villages and trapped city residents. On Wednesday, China’s meteorological administration issued orange alert warnings for high temperatures in regions across … Read more

Taiwan scrambles 29 jets to warn away Chinese planes in its air defense zone

Taiwan scrambles 29 jets to warn away Chinese planes in its air defense zone

Chinese and Taiwanese national flags are displayed alongside a military airplane in this illustration taken April 9, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register TAIPEI, June 21 (Reuters) – Taiwan scrambled jets on Tuesday to warn away 29 Chinese aircraft in its air defense zone, including bombers that flew to … Read more

South Korea, US showcase air power during US official’s Seoul visit

South Korea, US showcase air power during US official's Seoul visit

SEOUL, June 7 (Reuters) – South Korea and the United States staged a joint air power demonstration on Tuesday during a visit by US Deputy Secretary of State Wendy Sherman, who said there would be a strong and clear response if North Korea were to conduct a nuclear test. The demonstration, which involved 20 warplanes … Read more

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

US President Joe Biden walks across the South Lawn after disembarking from Marine One as he returns from Rehoboth Beach, Delaware, with the first lady at the White House in Washington, US, June 5, 2022. REUTERS/Elizabeth Frantz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 5 (Reuters) – President Joe Biden will … Read more

Chinese astronauts blast off to space station as construction enters high gear

Chinese astronauts blast off to space station as construction enters high gear

Chinese space station expected to be built by end-2022 Shenzhou-14 astronauts to oversee arrival of final two modules Space station to mark permanent Chinese inhabitation in space BEIJING, June 5 (Reuters) – China sent three astronauts on Sunday on a six-month long mission to oversee a pivotal period of construction of its space station, whose … Read more

Twenty victims found after Nepal air crash, hopes fade for two missing

Twenty victims found after Nepal air crash, hopes fade for two missing

KATHMANDU, May 30 (Reuters) – Hopes were fading in Nepal on Monday of finding any survivors among the 22 people aboard a small plane that crashed into a Himalayan mountainside a day earlier, officials said, with just two people still to be accounted for. Two Germans, four Indians and 16 Nepalis were aboard the De … Read more

Zero-COVID, big money: China’s anti-virus spending boosts medical, tech, construction

Zero-COVID, big money: China's anti-virus spending boosts medical, tech, construction

BEIJING, May 30 (Reuters) – China’s ‘zero-COVID’ policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has battered much of the country’s economy, but it has created bubbles of growth in the medical, technology and construction sectors. The Chinese government, alone among major countries in vowing to eradicate … Read more

Biden, South Korea’s Yoon to meet amid worries about North Korea

Biden, South Korea's Yoon to meet amid worries about North Korea

ABOARD AIR FORCE ONE, May 20 (Reuters) – President Joe Biden is likely to get a warm welcome from South Korea’s leadership on his first trip to Asia, but he may face a less friendly greeting from North Korea’s Kim Jong Un. Biden lands in South Korea on Friday evening, where he meets new President … Read more

North Korea reports more deaths, says taking ‘swift measures’ against COVID outbreak

North Korea reports more deaths, says taking 'swift measures' against COVID outbreak

SEOUL, May 15 (Reuters) – North Korea said on Sunday a total of 42 people had died as the country began its fourth day under a nationwide lockdown aimed at stopping the impoverished country’s first confirmed COVID-19 outbreak. North Korea’s admission on Thursday that it is battling an “explosive” COVID-19 outbreak has raised concerns that … Read more