The US and South Korea agreed to a revised trading relationship on March 26, in a deal that has been welcomed by both countries. Notably, the proposed changes to the US-Korea Free Trade Agreement (KORUS) will grant South Korea an indefinite exemption from President Trump’s recently announced steel and aluminium tariffs. Although the renegotiated trade deal…
The US and South Korea agreed to a revised trading relationship on March 26, in a deal that has been welcomed by both countries. Notably, the proposed changes to the US-Korea Free Trade Agreement (KORUS) will grant South Korea an indefinite exemption from President Trump’s recently announced steel and aluminium tariffs. Although the renegotiated trade deal…
China has launched a formal investigation into sorghum imports from the US, as the trade war between the two countries heats up. Beijing’s Ministry of Commerce confirmed the probe on February 4, which comes less than two weeks after US President Donald Trump imposed tariffs on certain Chinese imports. It is highly unlikely that China…
China has launched a formal investigation into sorghum imports from the US, as the trade war between the two countries heats up. Beijing’s Ministry of Commerce confirmed the probe on February 4, which comes less than two weeks after US President Donald Trump imposed tariffs on certain Chinese imports. It is highly unlikely that China…
The US Senate has voted with a sizable majority of 84-13 to confirm Jerome Powell as the next chairman of the Federal Reserve. Powell, who has held a position on the board of governors since 2012, will take over from his predecessor, Janet Yellen, in early February. In contrast to some more radical frontrunners for…
The US Senate has voted with a sizable majority of 84-13 to confirm Jerome Powell as the next chairman of the Federal Reserve. Powell, who has held a position on the board of governors since 2012, will take over from his predecessor, Janet Yellen, in early February. In contrast to some more radical frontrunners for…
Beginning on January 16, cryptocurrency crashes witnessed collective losses of $300bn in just 36 hours. The value of bitcoin crashed dramatically on January 17, falling below $10,000 for the first time in six weeks. Ever prone to sharp fluctuations, the cryptocurrency’s price rallied later in the evening in an unexpected turnaround. The early indications of cryptocurrencies…
Beginning on January 16, cryptocurrency crashes witnessed collective losses of $300bn in just 36 hours. The value of bitcoin crashed dramatically on January 17, falling below $10,000 for the first time in six weeks. Ever prone to sharp fluctuations, the cryptocurrency’s price rallied later in the evening in an unexpected turnaround. The early indications of cryptocurrencies…
US-based researchers have established a link between a recent hacking operation targeting South Korean cryptocurrency holders and a Pyongyang-based hacker group. The hacker group, known as Lazarus, is the same outfit thought to have carried out the WannaCry attack and the high-profile assault against Sony Pictures Entertainment. Lazarus is believed to be at the heart…
US-based researchers have established a link between a recent hacking operation targeting South Korean cryptocurrency holders and a Pyongyang-based hacker group. The hacker group, known as Lazarus, is the same outfit thought to have carried out the WannaCry attack and the high-profile assault against Sony Pictures Entertainment. Lazarus is believed to be at the heart…
