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China's approval of South Korean game lifts hopes of better ties
  + stars: | 2020-12-03 | by ( Reuters Staff | ) + 0.00   time to read: +2 min
FILE PHOTO: Chinese Foreign Minister Wang Yi talks with South Korean Foreign Minister Kang Kyung-wha during their meeting at the foreign ministry in Seoul, South Korea, November 26, 2020. China has restricted sales of South Korean games, dramas and concerts as well as tours to South Korea since 2017, in a move widely seen as retaliation for Seoul’s decision to host a U.S. missile defence system. China’s top diplomat, Wang Yi, visited South Korea last week after a two-day visit to Japan. “The presidential office asked China to more actively cooperate in invigorating collaboration in the culture and content areas in a recent meeting between foreign ministers of Korea and China on Nov. 26,” the South Korean presidential office said. He said the number of Korean games approved this time was small compared with other foreign games from the United States and Japan.
Persons: Wang Yi, Kang Kyung, Kim Min, “ Lucy, , Com2us, , Wi Jong, I’m Organizations: South Korean Foreign, Modern Visual Arts Laboratory, South, China, South Korean, Visual Arts Laboratory, Korea Academic Society of Games, North Locations: SEOUL, China, Korean, Seoul, South Korea, U.S, Japan, Korea, United States, Beijing, Washington
Last foreign Red Cross workers leave North Korea amid coronavirus curbs
  + stars: | 2020-12-03 | by ( Josh Smith | ) sentiment -1.00   time to read: +2 min
SEOUL (Reuters) - The last remaining foreign staff of the International Committee of the Red Cross (ICRC) have left North Korea, the aid organisation said on Thursday, the latest in a mass exodus of foreigners amid strict coronavirus lockdowns. “The latest departure suggests that foreign humanitarian workers only have a skeletal presence in North Korea right now,” NK News CEO Chad O’Carroll wrote. North Korea has suspended almost all international flights and cross-border train and road traffic, with residents near the border warned that guards would shoot anyone trying to cross. In the capital, imported goods have often become scarce as trade dwindled under the self-imposed restrictions, foreign residents said. According to the World Health Organization, as of Nov. 25, North Korea had identified 8,594 people as suspected coronavirus cases, but no one has tested positive.
Persons: Cross, Graziella Leite Piccoli, , , Piccoli, Chad O’Carroll Organizations: International Committee, International ICRC, East, Democratic People’s, ICRC, NK News, ” NK, World Health Organization Locations: SEOUL, North Korea, Korea, Pyongyang, Beijing, East Asia, DPRK, Democratic People’s Republic of Korea
Slideshow ( 3 images )The information technology company said in a blog post published on Thursday that it had uncovered “a global phishing campaign” focused on organizations associated with the COVID-19 vaccine “cold chain” - the process needed to keep vaccine doses at extremely cold temperatures as they travel from manufacturers to people’s arms. Understanding how to build a secure cold chain is fundamental to distributing vaccines developed by the likes of Pfizer Inc and BioNTech SE because the shots need to be stored at minus 70 degrees Celsius (-94 F) or below to avoid spoiling. The hackers went through “an exceptional amount of effort,” said IBM analyst Claire Zaboeva, who helped draft the report. “Whoever put together this campaign was intimately aware of whatever products were involved in the supply chain to deliver a vaccine for a global pandemic,” she said. Who is behind the vaccine supply chain espionage campaign isn’t clear.
Persons: IBM’s, , Claire Zaboeva, Zaboeva, , IBM’s Zaboeva Organizations: WASHINGTON, IBM, Cybersecurity, Infrastructure Security, Pfizer Inc, Haier, European Commission’s, Taxation, Customs Union, EU, Reuters Locations: U.S, Iran, Vietnam, North Korea, South Korea, China, Russia
The hackers went through “an exceptional amount of effort,” said IBM analyst Claire Zaboeva, who helped draft the report. Hackers researched the correct make, model, and pricing of various Haier refrigeration units, Zaboeva said. “Whoever put together this campaign was intimately aware of whatever products were involved in the supply chain to deliver a vaccine for a global pandemic,” she said. Who is behind the vaccine supply chain espionage campaign is not clear. Figuring out how to swiftly distribute an economy-saving vaccine “should be topping the lists of nation states across the world,” she said.
Persons: IBM’s, , Claire Zaboeva, Zaboeva, , Haier, IBM’s Zaboeva Organizations: WASHINGTON, IBM, Cybersecurity, Infrastructure Security, Pfizer Inc, Haier, European Commission’s, Taxation, Customs Union, EU, European Commission, Reuters Locations: U.S, Iran, Vietnam, North Korea, South Korea, China, Russia
Japan, China, South Korea summit postponed due to COVID-19 - media
  + stars: | 2020-12-03 | by ( Reuters Staff | ) sentiment -0.99   time to read: 1 min
TOKYO (Reuters) - A trilateral summit between Japan, China and South Korea has been postponed until next year as the countries prioritize their COVID-19 response, Japan’s Nikkei newspaper reported on Thursday. Reporting by Rocky Swift; Editing by Alex Richardson Our Standards: The Thomson Reuters Trust Principles.
Persons: Rocky Swift, Alex Richardson Organizations: Japan’s Nikkei, Thomson Locations: TOKYO, Japan, China, South Korea
How American investors are gobbling up booming bitcoin
  + stars: | 2020-12-03 | by ( Tom Wilson | Alun John | ) + 0.00   time to read: +7 min
FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are seen in this picture illustration taken January 27, 2020. It is North American investors who have been the bigger winners in the 165% rally this year. Weekly net inflows of bitcoin - a proxy for new buyers - to platforms serving mostly North American users have jumped over 7,000 times this year to over 216,000 bitcoin worth $3.4 billion in mid-November, data compiled for Reuters shows. Others also point out that cryptocurrency trading is highly opaque compared to traditional assets and patchily regulated, making comprehensive data on the emerging sector rare. Nonetheless, Chainalysis found North American trading volumes at major exchanges - those with the most blockchain activity - had eclipsed East Asia’s this year.
Persons: Bitcoin, Dado Ruvic Bitcoin, Satoshi Nakamoto, Chainalysis, , Ciara Sun, James Quinn, “ You’re, Curtis Ting, Christopher Matta, 3iQ, Leo Weese, OKEx, Lennix Lai, Yuzo Kano Organizations: Reuters, REUTERS, Q9, North, cryptocurrencies, , New, Blockchain Research, Hong Kong Bitcoin Association Locations: HONG KONG, North America, East Asia, East, China, Japan, South Korea, American, bitcoin, U.S, United States, Europe, Hong Kong, Seychelles, Western Europe, North America’s, New York, Canadian, Asia, Hoh, Korea, Beijing, Malta, Tokyo
South Korea reaches deal to buy AstraZeneca's COVID-19 vaccine candidate: media
  + stars: | 2020-12-03 | by ( Hyonhee Shin | ) sentiment -1.00   time to read: +2 min
REUTERS/Dado Ruvic/IlustrationSEOUL (Reuters) - South Korea has reached a deal with AstraZeneca PLC to purchase its coronavirus vaccine candidate as it seeks to secure supplies amid a resurgence of outbreaks, local media reported on Thursday. The government has said it was in final talks with global drugmakers including AstraZeneca, Pfizer Inc and Johnson & Johnson over their experimental vaccines, and launched a preliminary review of AstraZeneca’s product in October for potential fast-track approval. The JoongAng Ilbo newspaper said health authorities signed a contract with the Britain-based company on Nov. 27, and were nearing agreements with Pfizer and Johnson & Johnson, citing an unidentified government official. “The AstraZeneca deal has been done, and a memorandum of understanding was reached with both Pfizer and Johnson & Johnson. It has secured 20 million doses via the COVAX facility, an international COVID-19 vaccine allocation platform co-led by the WHO.
Persons: Dado Ruvic, Johnson, finalise Organizations: AstraZeneca, REUTERS, AstraZeneca PLC, Pfizer Inc, Johnson, JoongAng Ilbo, Pfizer, Korea Disease Control, Prevention Agency, WHO Locations: SEOUL, South Korea, Britain, Korea
SEOUL (Reuters) - Nearly half a million South Korean students nervously began a hyper-competitive university entrance exam on Thursday, with COVID-19 students taking the exam in hospital and others separated by transparent barriers. “It’s my second test, and I just wanted to get it done despite the risks of contracting the coronavirus. That’s all I was thinking about coming here,” Jeon Young-jin, 19, told Reuters in front of a test venue in Seoul. At a high school in central Seoul, students lined up for temperature checks and disinfection before entering the venue, and transparent barriers were installed at all desks, according to video released by the Seoul Metropolitan Office of Education. The Korea Disease Control and Prevention Agency (KDCA) reported 540 new cases on Friday, including 516 domestic infections and 24 imported.
Persons: ” Jeon, Won, , ” Won Organizations: Police, Reuters, Seoul Metropolitan Office of Education, Korea Disease Control, Prevention Agency Locations: SEOUL, Korea, Asia’s, Seoul, South Korea
SEOUL (Reuters) - Nearly half a million South Korean students took university entrance exams on Thursday, with COVID-19 students sitting in hospital and others separated by transparent screens. “It’s my second test, and I just wanted to get it done despite the risks of contracting the coronavirus. That’s all I was thinking about coming here,” Jeon Young-jin, 19, told Reuters in front of a test venue in Seoul. The annual exam came as South Korea grapples with a resurgence of coronavirus outbreaks, with the number of daily cases hovering around 500 over the past couple of weeks, a level not seen since March. The Korea Disease Control and Prevention Agency (KDCA) reported 540 new cases on Friday, including 516 domestic infections and 24 imported.
Persons: ” Jeon, Proctors, Won, , ” Won Organizations: Police, Reuters, Seoul Metropolitan Office of Education, Korea Disease Control, Prevention Agency, Authorities, South Locations: SEOUL, Korea, Seoul, South Korea
Hits Record Daily Death Toll, With Worse Likely to Come With cases in the U.S. blowing past the spring peak, more than 100,000 people were hospitalized for Covid-19 on Wednesday. Experts warn that the nation could be facing the most difficult time in its public health history. Then, not long after evening fell, the U.S. recorded is greatest daily death toll ever: 2,760, with no sign of a letup. “This is a much worse situation,” said Dr. Ashish Jha, dean of Brown University’s School of Public Health. Among the abuses was the 40-year-long Tuskegee study in which officials from the U.S. Public Health Service allowed Black men infected with syphilis to go untreated.
Persons: Janie Osborne, Robert Redfield, , Dr, Redfield, , Jeremy Faust, It’s, “ We’re, it’s, Ashish Jha, Leora Horwitz, Sabrina Tavernise, Sheila Kaplan, Obama, Barack Obama, Erin Schaff, Anthony Fauci, ” Mr, Joe Madison, Anthony S, ’ ”, Elizabeth Stoeppler, We’re, they’ve, Joanne Bartkus, Kim Hong, Kim Mun, jeong, , Andrew Testa, Steve McNamara, McNamara Organizations: ., The New York Times, for Disease Control, Chamber of Commerce Foundation, Brigham, Women’s Hospital, Brown University’s School of Public Health, Centers for Disease Control, Grossman, of Medicine, National Institute of Allergy, Pfizer, Tuskegee, U.S . Public Health Service, Houston Methodist Hospital . Credit, University of North Carolina’s School of Medicine, Minnesota Department of Public Health Laboratory, Korean, Government, College Scholastic, South, Drivers ’ Association Locations: U.S, Bozeman, Mont, Covid, Boston, New York, New England, United States, Seoul, South Korea, South Korean, Central Seoul, Korea, Epping, England, London, Britain
Cyberattacks Discovered on Vaccine Distribution Operations
  + stars: | 2020-12-03 | by ( David E. Sanger | Sharon Lafraniere | ) sentiment -1.00   time to read: +2 min
But we won’t know how these stolen credentials will be used until after the vaccine distribution begins.”The IBM researchers provided an account of their efforts in an interview before the company posted its findings. They said the attackers sent out various requests for price and product information, some purportedly on behalf of Gavi, the Vaccine Alliance, a public-private partnership that helps provide vaccines to developing countries. Some were involved in the solar panel-driven cooling systems for the vaccine. The attackers’ emails were addressed to companies that provide key components of the cold chain process. Those include ice-lined boxes for vaccines and the solar panels that can power refrigerated vaccine containers — an important feature in poor countries where electricity can be scarce.
Persons: , , James Lewis, Organizations: Center for Strategic, International Studies, IBM, Vaccine Alliance, European Commission’s, Taxation, Customs Union Locations: Washington, Gavi, Asia, Taiwan, South Korea, Germany, Italy
IBM security researchers said Thursday they'd detected a coordinated global hacking campaign targeting the COVID-19 vaccine "cold chain." Some COVID-19 vaccines, like the one made by Pfizer, need to be kept at fantastically cold temperatures throughout the supply chain. The hackers posed as an executive from Haier Biomedical, a real firm involved in the cold chain, IBM said. IBM security researchers found a "global phishing campaign," which it said systematically targeted companies involved in the so-called COVID-19 "cold chain." This isn't the first time researchers have found hackers targeting the COVID-19 vaccine.
Persons: COVID, Pfizer —, Haier, Read Organizations: Pfizer, IBM, Haier Biomedical, Vaccine Alliance, UNICEF, Haier, Microsoft Locations: Germany, Italy, South Korea, North Korea, Russia
IBM uncovers global email attack on Covid vaccine supply chain
  + stars: | 2020-12-03 | by ( Noah Higgins-Dunn | ) + 0.00   time to read: +4 min
IBM cyber security analysts on Thursday said they uncovered an email phishing scheme targeting global coronavirus vaccine supply chains, and urged cold-chain companies to remain "vigilant" and "on high alert." "From there, the adversary could gain insight into internal communications, as well as the process, methods and plans to distribute a COVID-19 vaccine." IBM said the attacks likely targeted organizations linked to Gavi, The Vaccine Alliance, which is working to supply low and middle-income economies with an affordable Covid-19 vaccine. "Gavi has strong policies and processes in place to prevent such phishing attacks and hacking attempts," a spokesperson told CNBC on Thursday. In April, the World Health Organization said it had seen a "dramatic increase" in the number of cyber attacks targeting the United Nations health agency.
Persons: Joachim Kuhn, Claire Zaboeva, Melissa Frydrych, Bill, Melinda Gates, Gavi, wasn't, Soumi Saha Organizations: IBM, Vaccine Alliance, Melinda Gates Foundation, UNICEF, CNBC, Pfizer, Moderna, Drug Administration, Premier, World Health Organization, United Locations: Wurzburg, Germany, Italy, South Korea, Czech Republic, Europe, Taiwan, U.S, United Nations
President-elect Joe Biden introduces key foreign policy and national security nominees and appointments at the Queen Theatre on November 24, 2020 in Wilmington, Delaware. We are now at an inflection point, and it's time for our nation to retool its cybersecurity policy and strategy. The new administration has the opportunity — a responsibility — to make this a centerpiece of its national security and economic policy. The U.S. needs a national cyber executive at the National Security Council (NSC) to define national policy and policy implementation guidance, using objective metrics. Developing an effective cybersecurity policy
Persons: Joe Biden, Mark Makela, Bush, Obama, , John R, Bolton, Biden Organizations: Queen Theatre, Economic, National Security Council, NSC Locations: Wilmington , Delaware, Russia, China, Iran, North Korea, U.S
But after the COVID-19 pandemic derailed most international travel plans, parents have been left to rely on online tutoring and virtual experiences for their children instead. Many US families have had to cancel international travel this year as COVID-19 cut into their spring and summer plans. Multicultural learning begins with nannies and dual-language playgroupsAdams has witnessed above-and-beyond efforts to offer international exposure and experiences to even younger children. "These parents want their kids learning Spanish, the true international language." "Children who had a nanny speak to them in a different language or participated in a playgroup are often listed as native speakers by their parents," Adams added.
Persons: Cindy Chanin, Adam M, Karissa J, Alina Adams, Adams, Rybchin, Iliya Rybchin, Iliya, nannies, playgroups Adams, they've, Juguemos, Marc Tucker, doesn't, Rainbow EDU, who's, Chanin, Antony, Cleopatra, Lilly Liu Minkove, Goldman Sachs, Minkove, Andrea Bocelli COVID, Amber Faust, Faust, that's, I'm, we've, Amber Faust's, They've, it's, Aalap Shah, Shah Organizations: Business, High School, State Department's, Security, Initiative, Youth, New, Rainbow, Rainbow EDU Consulting, Royal Shakespeare Company, UCLA, McKinsey and Company, Little, Cape Town Locations: Los Angeles, California, New York City, Moscow, Amsterdam, Westport , Connecticut, Brooklyn , NY, Europe, Asia, Atlantic, Hong Kong, Shanghai, South Korea, Vietnam, Israel, Paris, Dubai, England, Washington ,, China, Italy, Milan, South Carolina, American, Cape, Hawaii, India, Africa
The hacking attempts included a bid to get inside British drugmaker and vaccine developer AstraZeneca, which Reuters first reported last week was in Pyongyang’s crosshairs. Celltrion said it had recently identified and successfully blocked a number of hacking attempts as part of its regular security work. Johnson & Johnson, Beth Israel, and Shin Poong declined to comment. Officially, North Korean authorities have reported no cases of coronavirus in their country, making it the only non-island nation - aside from Turkmenistan - to do so. But North Korean leader Kim Jong Un raised eyebrows last month when he was quoted by state media as ordering officials to intensify their anti-coronavirus work.
Persons: Johnson, Dado Ruvic, Beth, Novavax, Amy Speak, University of Tuebingen, ” Genexine, Celltrion, Beth Israel, Shin Poong, Boryung, Simon Choi, Kim Jong, drugmakers Organizations: WASHINGTON, LONDON, Johnson, Novavax, REUTERS, AstraZeneca, Reuters, Korea’s National Intelligence Service, U.S, Beth Israel Deaconess Medical, University of Tuebingen, Genexine, Boryung Pharma Co, Shin Poong, Celltrion Inc, Wall Street, United Nations, University of, IT, South Korean, Microsoft Corp, Microsoft, Lawmakers Locations: British, Pyongyang’s crosshairs, North Korea, China, Korean, Boston, Germany, New York, Pyongyang, Korea’s, United States, South Korea, Turkmenistan, Iran, Vietnam, Russia
UK urges Hong Kong and China to stop stifling opposition
  + stars: | 2020-12-02 | by ( Reuters Staff | ) sentiment -0.95   time to read: 1 min
FILE PHOTO: Britain's Foreign Secretary Dominic Raab speaks during an interview with Reuters in Seoul, South Korea, September 29, 2020. REUTERS/Kim Hong-JiLONDON (Reuters) - Britain urged the Hong Kong and Beijing authorities to stop their campaigns to stifle opposition, issuing a statement on Wednesday as three Hong Kong activists including Joshua Wong began their prison sentences. “Prosecution decisions must be fair and impartial, and the rights and freedoms of people in Hong Kong must be upheld,” said Britain’s foreign minister Dominic Raab.
Persons: Dominic Raab, Kim Hong, Joshua Wong, Organizations: Reuters, REUTERS, LONDON, Hong Locations: Seoul, South Korea, Britain, Hong Kong, Beijing
Democrats’ Unease Mounts as Biden Considers a CIA Director
  + stars: | 2020-12-02 | by ( Dustin Volz | Warren P. Strobel | Tarini Parti | ) sentiment -0.97   time to read: +1 min
Within the past two weeks, Sen. Patrick Leahy (D., Vt.) and Sen. Martin Heinrich (D., N.M.) voiced reservations about Mr. Morell, a former acting director of the CIA who had been widely seen by lawmakers and former officials as a top contender for the job, these people said. The behind-the-scenes outreach came as other names have emerged as potential picks for the job, including David Cohen, a former top Treasury Department official who later served as deputy CIA director under President Barack Obama and is being actively considered by Mr. Biden, according to a person familiar with the matter. Unlike Mr. Morell, Mr. Cohen isn’t seen by progressives as someone who has defended the interrogation program. Mr. Cohen, a partner at the WilmerHale law firm, spent much of his government career specializing in sanctions and financial intelligence, overseeing efforts at Treasury to counter money laundering, halt terrorist financing and craft sanctions regimes on Russia, North Korea and other entities. He joined the CIA in 2015, long after the interrogation program ended.
Persons: WASHINGTON —, Joe Biden’s, Michael Morell, Sen, Patrick Leahy, Martin Heinrich, Morell, Ron Wyden, Biden, David Cohen, Barack Obama, Mr, Cohen isn’t, Cohen Organizations: WASHINGTON, Democratic, Central Intelligence Agency, CIA, Treasury Department, Treasury Locations: Russia, North Korea
SEOUL (Reuters) - From avoiding family members to skipping extra study at “cram schools”, the coronavirus has forced nearly half a million South Korean test-takers and proctors to rethink their strategies ahead of a hyper-competitive university entrance exam this week. REUTERS/Kim Hong-Ji/File PhotoThe gruelling, almost eight-hour test on Thursday is seen as a life-defining event for high school seniors. South Korea reported 511 new cases as of midnight Tuesday, bringing the country’s total to 35,163 with 526 deaths. STRESSFUL TIMESAuthorities have urged students to stop attending cram schools and private lessons, and pleaded with citizens to halt all non-essential outside activity ahead of the exam. “The college entrance exam itself is already a huge barrier, but now there is another barrier called the coronavirus.”
Persons: Kim Hong, , proctor, Park, beom, , Jun Jin, ” Jun Organizations: REUTERS, Health, Reuters Locations: SEOUL, Seoul, Asia’s, South Korea
SEOUL—North Korean hackers have targeted at least six pharmaceutical companies in the U.S., the U.K. and South Korea working on Covid-19 treatments, according to people familiar with the matter, as Pyongyang seeks sensitive information it could sell or weaponize. The firms include previously unreported targets in the U.S.: Johnson & Johnson and Maryland-based Novavax Inc., which are both working on experimental vaccines, the people said. The list also includes three South Korean companies with Covid-19 drugs in earlier clinical...
Persons: Johnson Organizations: Johnson, Inc Locations: SEOUL, North, U.S, South Korea, Pyongyang, Maryland
Samsung Electronics keeps chairmanship vacant in modest reshuffle
  + stars: | 2020-12-02 | by ( Reuters Staff | ) sentiment -0.98   time to read: +2 min
FILE PHOTO: Samsung Electronics Vice Chairman, Jay Y. Lee, speaks during a news conference at a company's office building in Seoul, South Korea, May 6, 2020. REUTERS/Kim Hong-Ji/PoolSEOUL (Reuters) - Electronics giant Samsung Electronics announced a small reshuffle of senior executives on Wednesday without replacing its recently deceased chairman or changing top leadership positions including that of vice chairman Jay Y. Lee. Heir apparent Lee, whose father and Samsung Electronics chairman Lee Kun-hee passed away in October, is currently facing two separate trials that analysts say could land him in jail for a second time. Lee Jae-seung, head of digital appliance business, Lee Jung-bae, head of memory business and Choi Si-young, head of foundry business, were promoted to president. Of the trials Jay Y. Lee is a defendant in, one concerns the 2015 merger of two Samsung affiliates that helped Lee assume greater control of Samsung Electronics.
Persons: Jay Y, Lee, Kim Hong, Heir, Lee Kun, , , Kim Ki, Kim Hyun, suk, Koh Dong, Lee Jae, Lee Jung, Choi Si Organizations: Samsung Electronics, REUTERS, SEOUL, Electronics, Samsung, Seoul National University, IT, bae, South Locations: Seoul, South Korea
SINGAPORE — Stocks in Asia-Pacific were mixed in Wednesday morning trade even as Wall Street surges to record highs overnight. In Japan, the Nikkei 225 dipped 0.14% in early trade while the Topix index added 0.24% South Korea's Kospi gained 0.65%. MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.19% higher. Australia's third-quarter GDP print is expected to be out at around 8:30 a.m. HK/SIN on Wednesday. Ahead of that release, the Australian dollar changed hands at $0.7374, after seeing levels below $0.736 yesterday.
Persons: Korea's Kospi Organizations: Nikkei, Korea's, Japan Locations: SINGAPORE, Stocks, Asia, Pacific, Japan, Australia
Singapore's largest bank DBS outlines 12 trade ideas for 2021
  + stars: | 2020-12-02 | by ( Yen Nee Lee | ) + 0.00   time to read: +3 min
SINGAPORE — Asia is set to outperform the rest of the world as economies in the region look to rebound in 2021 from the coronavirus-induced slump, said the chief economist of Singapore's largest bank. "Therefore, we are actually making a fairly strong outperformance call for Asian asset classes and Asian economies in 2021 relative to the rest of the world," he added. In a report last week, Baig and other DBS strategists outlined 12 trade ideas and strategies for 2021 in rates, currencies and credit. CurrenciesThe U.S. dollar has become "less over-valued," which means it may depreciate more gradually in 2021, according to DBS. The bank has three ideas on how to trade currencies next year: Expecting a basket of high-yielding Asian currencies — the Indonesian rupiah, Philippine peso and Indian rupee — to strengthen against the greenback.
Persons: Taimur Baig, Nicky Loh, , CNBC's, Baig Organizations: DBS Group Research, DBS Group Holdings, Bloomberg, Getty, DBS, U.S, Treasury, U.S ., New Zealand Locations: SINGAPORE, Asia, Singapore, South Korea, Philippine
Fund manager names value stock in Singapore to buy on 2021 recovery
  + stars: | 2020-12-02 | by ( ) + 1.00   time to read: 1 min
Fund manager names value stock in Singapore to buy on 2021 recoveryLonglead Capital Partners' Andrew West says earnings rebound will drive Asia markets higher in 2021. He shares 2 stocks he likes in Singapore and South Korea.
Persons: Andrew West Organizations: Partners Locations: Singapore, Asia, South Korea
Opinion | Biden Wants America to Lead the World. It Shouldn’t.
  + stars: | 2020-12-02 | by ( Peter Beinart | ) + 0.00   time to read: +3 min
“Whether we like it or not, the world simply does not organize itself,” Mr. Blinken has said. After the United States announced that it was leaving the Paris climate agreement, not a single other signatory followed it out the door. This summer, after the Trump administration threatened to leave the World Health Organization, France and Germany promised to increase their contributions. For 20 years, Gallup has been asking Americans whether the United States should play “the leading role,” a “major role,” a “minor role” or “no role at all” in world affairs. It’s not ordinary Americans who believe the United States must “sit at the head of the table,” as Mr. Biden said last week.
Persons: , ” Mr, Blinken, Trump, , , Biden, Martin Luther King Jr, Rather, King, Peter Beinart Organizations: United States, European Union, World Health Organization, Gallup, Chicago Council, Global Affairs, United, Biden, Trump, Newmark Graduate School of Journalism, City University of New, New York, Facebook, Twitter Locations: United States, Paris, China, Japan, South Korea, France, Germany, Vietnam, City University of New York
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