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They’re going to take away your guns, you saw that, they’re going to take away your guns. And at the end it was, “Thank you, thank you, thank, thank, thank, thank, thank, thank.” I said, “What the hell’s… What’s wrong with her?” I say, “Thank you.” And you wait a couple of seconds. “Thank you, thank, thank, thank, thank.” There’s something wrong with her, okay? She was all talk, I’m going to do this and I’m going to do that, and then I’m going to cut tax and then I’m going to give you 25,000 per house and then I’m going to go, over and over. When Biden was president — going to give up the whole thing to Russia, it looks like.
Persons: I’m, Kamala Harris, Rasmussen, We’re, Kamala, Sleepy Joe Biden, , , can’t, Country’s, Harris, we’ve, you’re, You’re, “ Donald Trump, Donald Trump, – Joe Biden, didn’t, Sleepy Joe, ” “ I’m, Joe, That’s, Trump, What’s, Kamala …, she’s, Bernie Sanders, Nancy Pelosi, She’s, let’s, Kamala Harris …, I’ve, David Muir, David Muir barged, Sir, President Trump, FBI …, don’t, , There’s, Donald J, You’ve, we’ll, – Mr, You’ll, Where’s Harris, would’ve, Jimmy Carter, Xi, Del Cueto, Biden, They’ve, “ They’re, ” They’re, They’re, it’s, it’ll, Let’s, Forbes, Michael, Jacky Rosen, Crooked Joe Biden, Joe Biden’s, Jacky, Sam Brown, Nobody’s, He’s, Joe Lombardo, Joe’s, that’s, It’s, they’re, Tampon Tim, tampons –, Governor Lombardo, we’re, Ding, haven’t, Russia would’ve, Bush, Barack Hussein Obama, , Russia’s, Korea’s, Muhammad Ali, Muhammad, Henry, “ I’ll Organizations: Philadelphia TV, gaslight, JD, FBI, Department of Justice, of Justice Statistics, Communist, Border, Marxist, Street, The New York Times, New York Times, Washington, White, ICE, DHS, Forbes, United Auto Workers, Biden, Unions, Keystone XL, United States, Paris Climate, Nevada Climate Accord, Police, California, ABC Fake, Trump Reciprocal Trade, Green New, Washington D.C, We’re, America, Make Locations: Las Vegas, Aurora , Colorado, Springfield , Ohio, Colorado, Iowa, Pennsylvania, United States, McDonald’s, – Pennsylvania, , America, Idaho . Idaho, Haiti, Chile, Colombia, New York, Chicago, Florida, Middle America, Aurora, Virginia, Tennessee, Honduras, So Nevada, Nevada, American, You’ve, Texas, Western Nevada, Mexico, China, Paris, Russia, Saudi Arabia, California, Nevada , Wisconsin , Pennsylvania, Michigan, Washington, Manhattan, Ukraine, Israel, Italian, Venezuela
Protesters hold placards reading 'Abolish punishment for abortion' as they protest South Korean abortion laws in Gwanghwamun plaza in Seoul on July 7, 2018. efired/iStockphoto/Getty ImagesBy not passing abortion laws, the National Assembly is “not doing its job,” said Cho Hee-kyoung, a law professor at Hongik University in Seoul. Changing attitudes to abortionDespite the country previously having highly restrictive abortion laws, abortion has not historically been the lightning rod in South Korea that it has been in the United States. If overpopulation had once prompted the government to push abortions, South Korea was now dealing with the opposite problem. It is impossible to know the true number of abortions that take place each year in South Korea because the procedure is unregulated.
Persons: haven’t, It’s, Ed Jones, , , Cho Hee, ” Cho, Nayoung, Cho, Jung Yeon, Susanné Seong, “ They’ve, Charlie Neibergall, ” Nayoung, SeongJoon Cho, Yoon Suk, she’d Organizations: Seoul CNN, vlogger, Seoul National Police, South Korean, YouTube, CNN, Getty, National Assembly, Hongik University, country’s Ministry, Justice, Health and Welfare Ministry, Health, Ministry, Welfare Ministry, World Bank, South Korea’s Institute for Health, Social Affairs, Human Rights Watch, Korea, Pharmaceutical Affairs, Supreme, Ministry of Food and Drug Safety, South, Bloomberg, Organization for Economic Cooperation, Development, HRW, Police Locations: Seoul, South Korea, Korean, Gwanghwamun, AFP, South, efired, , United States, Jusarang, Ames , Iowa, Canadian, Korea
OSLO, Norway — A Norwegian human rights foundation gave its annual prize on Thursday to jailed Cuban dissident leader Luis Manuel Otero Alcántara for his “fearless opposition to authoritarianism through art”. Four past laureates of the Rafto prize — Myanmar’s Aung San Suu Kyi, East Timor’s Jose Ramos-Horta, South Korea’s Kim Dae-jung and Iran’s Shirin Ebadi — later went on to win the Nobel Peace Prize. This year’s Peace Prize will be announced on Oct. 11 in Oslo. “The 2024 Rafto prize aims to highlight the importance of the work of Luis Manuel Otero Alcántara and other artists in challenging power structures and defending democracy and human rights, both in Cuba and globally,” the Norwegian foundation said in a statement. On Thursday, the Rafto foundation called on the Cuban government to release him, joining similar calls by Human Rights Watch and Amnesty International.
Persons: Luis Manuel Otero Alcántara, Jose Ramos, Kim Dae, Shirin Ebadi — Organizations: San Isidro Movement, Human Rights Watch, Amnesty International Locations: OSLO, Norway, Norwegian, Cuban, Suu Kyi, East, Horta, South, Oslo, Cuba, Havana
SEOUL, South Korea — North Korea tested new tactical ballistic missiles using super-large warheads and modified cruise missiles on Wednesday as leader Kim Jong Un called for stronger conventional weapons and nuclear capabilities, state news agency KCNA reported. The account followed the firing of multiple short-range ballistic missiles on Wednesday reported by the South Korean military, which was the second time the North test-launched missiles in a week. Last week, North Korea also unveiled a uranium enrichment facility, in its first such public report. Wednesday’s tests involved the new tactical ballistic Hwasongpho-11-Da-4.5 missile, KCNA said, indicating it was part of a series of short-range ballistic missiles it had been developing. The allies say the drills are defensive in nature and aimed at maintaining readiness against any North Korean aggression.
Persons: Kim Jong, KCNA, Kim, ” KCNA, Shin Seung, Shin, , Kim Jong Un Organizations: South Korean, Korea Institute for Defense, Getty Images Kyiv Locations: SEOUL, South Korea, North Korea, South, Seoul . North Korea, Russia, Ukraine, North Korean, Moscow, Pyongyang, U.S
North Korea fired multiple short-range ballistic missiles on Wednesday toward its east coast, South Korea and Japan said, days after Pyongyang unveiled a uranium enrichment facility and vowed to beef up its nuclear arsenal. “We strongly condemn North Korea’s missile launch as a clear provocation that seriously threatens the peace and stability of the Korean peninsula,” the JCS said in a statement, vowing overwhelming responses to any further provocations. About 30 minutes after its first missile notice, Japan’s coast guard said North Korea fired another ballistic missile. The North fired several short-range ballistic missiles last Thursday, the first such launch in more than two months, which it later described as a test of a new 600-mm multiple launch rocket system. South Korea’s JCS has said the launch might have been to test the weapons for export to Russia, amid intensifying military cooperation between the two countries.
Persons: , Minoru Kihara, Choe Son Hui, Sergei Lavrov, Kim Jong Un Organizations: South Korea’s, Chiefs of Staff, North, Japanese, Pacific Command, North Korean Foreign, Wednesday’s Locations: Korea, South Korea, Japan, Pyongyang, Kaechon, South, North Korea, U.S, Seoul, Tokyo, The, Russia, United States, Ukraine, Moscow, Russian
The negotiations over the Special Measures Agreement, known as the SMA, strained the US-South Korea alliance during the Trump administration. Former President Donald Trump demanded Seoul pay up to 400% more for the presence of the 28,500 US troops in the country during negotiations over the current agreement. Under the current agreement, South Korea pays about $1 billion annually, representing an increase of about 13.9% over previous SMAs. Earlier this year, Trump said that he did not think the South Korea is paying enough based on the last agreement. One complication is that a deal will have to be approved by South Korea’s national assembly — which is dominated by the opposition party to South Korean President Yoon Suk Yeol.
Persons: , Trump, Donald Trump, Kim Jong Un’s, Joe Biden, ” Trump, Yoon Suk, , , David Maxwell Organizations: CNN, Seoul, South, State Department, ROK, South Korean Ministry of Foreign, Biden, Defense Department, Biden Administration, US, Foundation for Defense of Democracies, Trump Locations: Washington, Seoul, South Korea, North Korea, Korea
SEOUL, South Korea — South Korea on Thursday declared a special emergency medical response period for two weeks in September and said it would use all available resources to ensure services, as a strike by young doctors increases strains on the medical system. This includes raising by 3.5 times the examination fees specialist doctors receive at regional emergency medical centers, responsible for severe emergency patients, Han said. However ... we are by no means in a situation where we have to worry about medical collapse,” Han said. About 8,000 medical clinics and hospitals will be open nationwide daily during next week’s Chuseok, one of South Korea’s largest holidays, Han said. Yonhap reported on Thursday that the number of emergency room doctors has dropped 42% in 53 hospitals surveyed nationwide, with seven of the hospitals considering partial closure of emergency rooms, citing a medical professors’ association.
Persons: , Han Duck, Han, ” Han, Yonhap Organizations: Locations: SEOUL, South Korea, South
North Korea is believed to have several sites for enriching uranium. The new type of centrifuge shows North Korea is advancing its fuel cycle capabilities, said Ankit Panda of the U.S.-based Carnegie Endowment for International Peace. “Kim also appears to suggest that North Korean tactical nuclear weapons designs may primarily rely on uranium for their cores,” he said. This is notable because North Korea is more able to scale up its highly enriched uranium stockpiles, Panda said, compared with the more complicated process for plutonium. North Korea has previously shown photos of what it says were nuclear warheads.
Persons: Kim Jong Un, Kim, , , Rafael Grossi, Ankit, “ Kim, Panda, Jenny Town Organizations: Nuclear Weapons Institute, United Nations, North, Analysts, Scientific Research, International Atomic Energy Agency, Carnegie Endowment, International, Stimson Center, Federation of American Scientists, United Nations Command Locations: SEOUL, South Korea, North Korea, United States, U.S, Korea, Yongbyon, Korean, North, Seoul, ” Germany
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SEOUL, South Korea — North Korea fired multiple short-range ballistic missiles off its east coast on Thursday, South Korea’s military said, the first such launch in more than two months. Japan’s defense ministry said at least two ballistic missiles from North Korea flew about 220 miles, to an altitude of about 60 miles. Japanese Prime Minister Fumio Kishida, who last week visited Seoul to reconfirm ties with South Korea ahead of his upcoming resignation, said Tokyo strongly condemned the launch and lodged a protest against North Korea. “We continue to make utmost efforts for monitoring and cooperate with the U.S. and South Korea,” Kishida said. North Korea faces accusations of supplying Russia with weapons including drones and ballistic missiles to be used in the war in Ukraine.
Persons: , Fumio Kishida, ” Kishida, Kim Jong Un, ” Kim, Kim Organizations: Joint Chiefs, Staff, South, North, U.S, Seoul’s, Chiefs Locations: SEOUL, South Korea, North Korea, Pyongyang, , Seoul, Tokyo, Japan, United, Korea, U.S, Russia, Ukraine, United States, Moscow
Hong Kong CNN —Hyundai and General Motors (GM) have agreed to look for ways to work together on developing new vehicles, supply chains and technologies in an effort to cut costs and move more quickly. Global carmakers are under intense pressure to come up with new electric vehicle (EV) and battery technology because they face vehicle emissions regulations around the world. South Korea’s Hyundai and America’s GM (GM) said on Thursday they would collaborate on joint product development, manufacturing and future clean energy technologies. The non-binding framework agreement was signed by Hyundai Motor Executive Chair Euisun Chung and GM Chair and CEO Mary Barra. Including its affiliate Kia, Hyundai Motor is the world’s third-largest automaker by sales, according to Reuters, while GM is currently America’s largest carmaker, having retaken that title from Toyota in 2022.
Persons: Hong Kong CNN —, They’re, Euisun Chung, Mary Barra, , ” Barra, ” Chung, Cruise Organizations: Hong Kong CNN, Hong Kong CNN — Hyundai, General Motors, Global, EV, Korea’s Hyundai, America’s GM, Hyundai Motor, Kia, Hyundai, Reuters, GM, Toyota, Nissan, Renault, Honda, Locations: Hong Kong, Japan
CNN —Spanish golfer Jon Rahm appealed against outstanding fines to the DP World Tour on Thursday which had thrown his hopes of competing at next year’s Ryder Cup into jeopardy. That would leave just the French Open and South Korea’s Genesis Invitational as the only other two DP World Tour events that Rahm could feature in this season. I’m not sure,” Lowry told reporters ahead of the Irish Open, the DP World Tour’s latest tournament, on Wednesday. Alberto Pizzoli/AFP/Getty ImagesRahm and Lowry were both captained by Pádraig Harrington during the 2021 Ryder Cup at Whistling Straits in Wisconsin. It’s very important for the Ryder Cup … it’s bigger than just the match.”
Persons: Jon Rahm, year’s Ryder, Rahm, Luke Donald’s, LIV, “ Jon Rahm, , Tyrrell Hatton, ‘ I’m, LIV Golf’s, “ I’m, I’ve, ” Rahm, Richard Heathcote, Alfred Dunhill, , Ireland’s Shane Lowry, ” Lowry, I’m, Alberto Pizzoli, Lowry, Pádraig Harrington, Harrington, Donald, ” Harrington, , Big, Jon, you’ve, That’s Organizations: CNN, LIV, Team Europe, New, European, Madrid, Ryder, Masters, Getty, Andalucia Masters, Paris, BMW PGA, United, United Arab Emirates, Irish, Getty Images, Lowry, Bethpage Locations: Spanish, United States, Rome, New York, Dubai, Saudi, Madrid, Chicago, Scotland, Spain, Dallas, United Arab, AFP, Whistling Straits, Wisconsin
North Korean leader Kim Jong Un visits a uranium enrichment facility, which produces weapon-grade nuclear materials, in a photo published by North Korean state media on Friday, September 13, 2024. “By showing highly enriched uranium and production facilities, they are sending a message that the world must recognize North Korea as a nuclear state. By disclosing these facilities, Kim Jong Un is saying that denuclearization of North Korea is unrealistic,” he told CNN. The disclosure comes at a time of heightened tensions between North Korea and the West, with the US and its allies accusing North Korea of providing substantial military aid to Russia’s war effort in Ukraine. North Korea is believed to have several sites for enriching uranium.
Persons: Kim Jong, Kim, “ Kim, , Ankit Panda, Stanton, Kim Jong Un, Vladimir Putin, I’m, Martyn Williams, it’s Organizations: South Korea CNN, Korean Central News Agency, Carnegie Endowment, International, Korean, North, North Korean, Ewha Womans University, CNN, Stimson Locations: Seoul, South Korea, North Korea, Russia, West, North Korean, Korea, Ukraine, Moscow, Pyongyang, Korean, Russian
SEOUL, South Korea — North Korean leader Kim Jong Un said the country is now implementing a nuclear force construction policy to increase its number of nuclear weapons “exponentially,” state media reported Tuesday. Kim also said North Korea is facing a “grave threat” from what it sees as a U.S.-led nuclear-based military bloc in the region. South Korea will also hold a defense ministerial meeting with the member states of the United Nations Command (UNC) on Tuesday. Last month, Germany became the latest to join the UNC in South Korea that helps police the heavily fortified border with North Korea and has committed to defend the South in the event of a war. North Korea has criticized the UNC as an “illegal war organization” and Germany’s entry into the U.S.-led U.N. border monitoring force as raising tensions.
Persons: Kim Jong Un, Kim, , Cho Chang, rae Organizations: KCNA, U.S . State Department, United Nations Command, UNC, U.S . Locations: SEOUL, South Korea, North, United States, North Korea, U.S, South, Seoul, Germany
SEOUL (Reuters) – North Korean leader Kim Jong Un said the country is now implementing a nuclear force construction policy to increase the number of nuclear weapons “exponentially,” state media KCNA said on Tuesday. Kim also said North Korea is facing a “grave threat” from what it sees as a US-led nuclear-based military bloc in the region. South Korea will also hold a defence ministerial meeting with the member states of the United Nations Command (UNC) on Tuesday. The UNC is led by the commander of the US military stationed in South Korea. North Korea has criticised the UNC as an “illegal war organisation” and Germany’s entry into the US-led UN border monitoring force as raising tensions.
Persons: Kim Jong Un, KCNA, Kim, , Cho Chang, rae Organizations: US State Department, United Nations Command, UNC, UN Locations: SEOUL, United States, North Korea, South, Seoul, South Korea, Germany
The sale features dozens of items owned by G-Dragon – an avid collector of art, design and fashion – including works he created and customized himself. Williams’ auction house, Joopiter, is hosting the online sale and an accompanying exhibition, at the Daelim Museum. JoopiterJoopiter has collaborated with a slew of celebrities since Williams founded his “digital-first” auction house in 2022. “The wrong attitude is going in and trying to become a collector.”Nike x Peaceminusone Para-noise Air Force 1 sneakers encrusted with crystals featured in the G-Dragon auction. That is how you build a really beautiful, special collection.”She pointed to Joopiter’s inaugural auction — a sale of almost 50 items from Williams’ personal stash, that raked in over $5 million.
Persons: Louis Vuitton, Pharrell Williams, Williams, Frida Kahlo, Salvador Dalí, Pharrell, , ” Williams, , Kwon Ji, Chanel’s, Joopiter Joopiter, it’s, , Jackson, Caitlin Donovan, Joopiter, Donovan Organizations: South Korea CNN, Daelim, CNN, Nike, Force Locations: Seoul, South Korea, Yeezys,
It’s hard to condense a two-week period as jam-packed with memorable moments as these incredible Paris Olympics, but this is our best attempt. Bronze medalist Noah Lyles of Team United States reacts after competing in the Men's 200m Final on day thirteen of the Olympic Games Paris 2024 at Stade de France. Athletes dive into the Seine river to start the swimming stage of the men's individual triathlon at the Paris 2024 Olympic Games in central Paris on July 31, 2024. But Paris 2024 organizers insisted the water quality in the Seine was at a “very good” level on the morning of the individual triathlons. US' Cole Hocker crosses the finish line to win the men's 1500m final of the athletics event ahead of US' Yared Nuguse at the Paris 2024 Olympic Games.
Persons: Paris CNN —, Simone Biles, Biles, CNN Sport’s Coy Wire, ” Biles, , , Imane Khelif, Khelif, Angela Carini, Carini, Algeria's Imane Khelif, Peter Cziborra, Reuters Peter Cziborra, Mark Adams, Khelif “, I’m, “ I’ve, Nabil Boudi, Katie Ledecky, Jenny Thompson, Ledecky, Katie Ledecky basks, CNN “, Philippe Katerine, Dionysus, Katerine, we’d, ” Katerine, Noah Lyles ’, Paris Noah Lyles, Kishane Thompson, Noah Lyles, Richard Heathcote, Justin Gatlin, Lyles, Botswana’s, Tebogo, Kenneth Bednarek, Anne, Christine Poujoulat, Léon Marchand, Leon Marchand, Quinn Rooney, Bob Bowman, Michael Phelps, Marchand, Yusuf Dikec, Ilayda, Cagla Gurdogan, Yusuf Dikeç, Dikeç, Turkey’s, Şevval Ilayda, Mondo Duplantis, Korea’s Kim Ye, Gabriel Medina, Kanoa Igarashi, Medina, Jerome Brouillet, Brazil's Gabriel Medina, Novak Djokovic, Djokovic outdueled Spain’s Carlos Alcaraz, Roland Garros, Djokovic, Rafael Nadal, Andre Agassi, Steffi Graf, Serena Williams, Carlos Alcaraz, Matthew Stockman, “ I’m, Sydney Mclaughlin, Tara Davis, Ryan Crouser, Cole Hocker, ANTONIN THUILLIER, , Armand “ Mondo, Duplantis, USA’s Sam Kendricks, Karalis, Amanda Davies Organizations: Paris CNN, Paris, Olympic Games, Tokyo, Paris Olympics, CNN, CNN Sport’s, Reuters, International Olympic Committee, Olympic, Games, CNN Sport, , Catholic, French Catholic Church, Paris Games, Stade de France, Team United, Getty, USA, Team USA, National Olympic Committees, Gold, Team France, Paris La Defense, Défense Arena, Tokyo Olympics, Agence France, Presse, Team Serbia, Spain, Woodhall Locations: France, Paris, Algerian, Los Angeles, French, Gaza, Ukraine, , Jamaica, Athens, American, Lyles, Seine, AFP, Belgium, Switzerland, Nanterre, Turkish, Ankara, Turkey, Tahiti, Teahupo'o, Serbia, Tokyo, Swedish
Seoul, South Korea CNN —South Korea’s badminton gold medalist An Se-young envisioned a glorious return from Paris, popping open a bottle of champagne with the coveted medal around her neck. The country was busy celebrating her triumph, until the athlete began calling out alleged mistreatment that she said she had endured for seven years, when she joined the national team. “I was so disappointed,” An said of the national team, accusing it of poorly managing her injuries. South Korea’s badminton team won An’s gold medal in women’s singles and a silver in mixed doubles in Paris. Alex Pantling/Getty ImagesIn Paris, the country had four badminton coaches in addition to head coach Kim who supervised all of Korea’s badminton matches — men’s and women’s singles, men’s doubles, women’s doubles and mixed doubles.
Persons: peppering, , China’s, , Ahn Young, Li, ning, ning China Masters, Kim Hak, Yonhap, Alex Pantling, Kim, Shim Suk, I’ve Organizations: South Korea CNN, Korean Badminton Association, Olympics, South, La Chapelle Arena Court, Hangzhou Asian Games, Incheon International Airport, Samsung Life, Kumamoto Masters Japan, ning China, News Agency, Investigations, Culture, Tourism Ministry, Games, Korea Sport Locations: Seoul, South Korea, Paris, South, South Korean, Hangzhou, Incheon, Kumamoto, Eastern, Korea
South Korea’s military says North Korea is again flying balloons likely carrying trash toward the South, adding to a bizarre psychological warfare campaign amid growing tensions between the war-divided rivals. South Korea’s Joint Chiefs of Staff said Saturday that the winds could carry the balloons to regions north of the South Korean capital, Seoul. North Korea last flew balloons toward the South on July 24, when trash carried by at least one of them fell on the South Korean presidential compound, raising worries about the vulnerability of key South Korean facilities. The balloon contained no dangerous material and no one was hurt, South Korea’s presidential security service said. Experts say North Korea hates such broadcasts because it fears it could demoralize front-line troops and residents.
Persons: Kim Jong, Kim Organizations: Korea’s, Chiefs, Staff, Seoul City Hall, South Korean Locations: North Korea, Seoul, Gyeonggi, Pyongyang, South Korea, Korea, Washington, United States, Japan, China, North Korean, Russia
“Getting a plane ticket to Korea to get Botox and filler done is honestly cheaper than getting it done here.”Lee undergoes a beauty treatment in South Korea. Courtesy _Lee @taxinoodle_A screenshot from Lee's TikTok video where she explains the 15 beauty treatments she had done in Seoul. Visitors and vendors discuss beauty products at the K-Beauty Expo, the largest beauty exhibition in South Korea, on October 12, 2023 in Goyang, South Korea. Courtesy _Lee @taxinoodle_Lee receives a consultation — and the requisite "before" shots to compare with post-treatment ones — at a clinic in South Korea. Courtesy _Lee @taxinoodle_Lee always gets her hair dyed ($125) in South Korea because she prefers the pricing and service.
Persons: Yerim Lee, Lee, It’s, , ” Lee, “ It’s, Chris Jung, Don’t, , , Botox, Jennie, Kim, there’s, @taxinoodle_ Yerim Lee, @taxinoodle_ Lee, TikTok, Organizations: CNN, . Visitors, Getty Images, South Korean Ministry of Health, Welfare Locations: Seoul, South Korea, New York City, Korea, _Lee, Goyang, Seoul’s Gangnam
Underneath the blast door stands one of the most powerful weapons in the US inventory, a Minuteman III intercontinental ballistic missile. But unlike the other two parts of the triad – strategic bombers and ballistic missile submarines – the ICBM launch facilities are fixed positions. Last year, the commander of US Strategic Command told Congress that China has more land-based ballistic missile launchers than the US. Russia has been carrying out military exercises involving its tactical nuclear weapons, as President Vladimir Putin has repeatedly threatened to use nuclear weapons since invading Ukraine. That complexity, Schlabach argued, drives the need for modernizing the ballistic missile fleet.
Persons: , James Schlabach, Evelyn McCoy, Joseph Cambio, Nunn, McCurdy, William LaPlante, Vladimir Putin, Kim Jong Un, Antony Blinken, Schlabach, ” Schlabach Organizations: North Dakota CNN, Minuteman III, Minot Air Force Base, Minuteman, Air Force, 91st Missile, CNN, , Cuban Missile Crisis, The Air Force, Sentinel missile, Defense, Sentinel, Strategic Command, Congress, Soviet Union Locations: Minot, North Dakota, Dakota, it’s, Russia, China, Ukraine, Pyongyang
Meanwhile, the yen strengthened 0.6% to 146 against the US dollar, after losing nearly 2% on Tuesday and Wednesday combined. But those fears, as well as a further jump in the value of the yen, are still haunting the market. The volatility in the yen, which was at the heart of recent market turmoil, remains elevated, he added. On Monday, the Nikkei plummeted by the most since 1987, sparking a broader global market sell-off. The narrowing of the interest rate differentials, which had enabled the yen carry trade, could push the yen higher, Kuptiskevich added.
Persons: Hong Kong CNN —, Germany’s DAX, Shinichi Uchida, Uchida, , Stephen Innes, Alex Kuptsikevich, Masamichi Adachi, Innes, Taiwan’s Taiex, Hang Organizations: Hong Kong CNN, Nikkei, CAC, Nasdaq, Bank of Japan, Federal Reserve, FxPro, Federal, Fed, UBS, UBS Chief Investment, Kospi, Hang Seng Locations: Hong Kong, Europe, Japan, unwind
Hong Kong CNN —Asian markets made solid gains Wednesday, with Japanese shares reversing early losses after a central bank official played down the prospect of an immediate hike in interest rates. The gains follow days of volatility, which saw the Nikkei suffering Monday its biggest daily loss since 1987. “We won’t raise interest rates when financial markets are unstable,” he was quoted as saying in a speech to executives in the northern Japanese city of Hakodate. The central bank has hiked interest rates twice this year in a bid to contain inflation. Decades of extremely low interest rates in Japan had seen many investors borrow cash cheaply there before converting it to other currencies to invest in higher-yielding assets.
Persons: Shinichi Uchida, Kospi, Hong, Taiex, Uchida, , Olesya Organizations: Hong Kong CNN, Nikkei, Bank of Japan, US, Dow, Nasdaq Locations: Hong Kong, Asia, South, Hakodate, , Japan, Europe, London
SEOUL, South Korea — North Korean leader Kim Jong Un oversaw the delivery of 250 new tactical ballistic missile launchers to front-line troops, state media KCNA reported on Monday, which Seoul said could be used to threaten South Korea. The launchers have been described by state media as a modern tactical attack weapon personally designed by Kim and ready to be transferred to Korean People’s Army units on the border with the South. North Korea said it test-fired a new tactical ballistic missile last month. In a speech, Kim blamed the United States for creating a “nuclear-based military bloc” that forced his country to further strengthen military capabilities. A spokesperson for Seoul’s unification ministry handling inter-Korean affairs said North Korea’s illegal nuclear and missile programs were the primary threat to peace and stability on the Korean Peninsula.
Persons: Kim Jong Un, Kim, ” Lee Sung, joon Organizations: Korean People’s Army, ., South Korea’s, Chiefs of Staff Locations: SEOUL, South Korea, North, Seoul, . North Korea, South, United States
Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. The Bank of Japan raising rates to their highest level since 2008 on July 30 caused the yen to strengthen to a seven-month high, pressurizing stocks. Markets globally were also spooked by fears of a U.S. recession stoked by a weaker-than-expected jobs report. Real wages in Japan also grew 1.1% in June compared with a year ago, the first time that wages have risen in 26 months. Strong wage growth offers more room for the Bank of Japan to tighten its monetary policy.
Persons: Topix, Korea’s Kospi, Hong, Australia’s, Brent, Dow Organizations: Nikkei, Bank of, Softbank Group Corp, U.S ., South Korean, Samsung Electronics, chipmaker SK Hynix, China’s CSI, . West Texas, Bank of Japan, Reserve Bank of Australia, Dow, Nasdaq Locations: Japan, Asia, Pacific, Bank of Japan, U.S
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