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☆ With Putin and Kim Jong Un set to meet, the West fears what Russia and North Korea are planning
▼ + stars: | 2023-09-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Russian President Vladimir Putin, right, and North Korea's leader Kim Jong Un shake hands during their meeting in Vladivostok, Russia, Thursday, April 25, 2019. Alexander Zemlianichenko | Pool | APThe leaders of North Korea and Russia are scheduled to meet this week, with deepening military, economic and geopolitical cooperation on the official agenda. There are also fears about what Moscow might offer the economically isolated and heavily sanctioned North Korea in return. A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). For their part, Russia and North Korea have both denied claims of alleged arms dealing.

Persons: Vladimir Putin, Kim Jong, Alexander Zemlianichenko, Kim Yong Un, Putin, Pat Ryder, Edward Howell, Kim Jong Un, Kim Ju, Howell, scot, Dmitry Peskov, Kim, Peskov, It's, —, Pyongyang's, Jung Yeon, Victor Cha, Andrius Tursa, Sergei Shoigu's, John Kirby, Wagner, Vladimir Putin grimaces Organizations: White, North, Pentagon, Ukraine, North Korean, Korean Central News Agency, Reuters, UN, North Korea —, Oxford University, CNBC, North Korea's Central News Agency, Kcna, Nuclear Weapons, UN Security Council, Kremlin, Getty, Eastern Economic, U.S, U.S . National Security, Zvezda Shipbuilding, Bolshoi Kamen Locations: Vladivostok, Russia, North Korea, Russian, Korea, Pyongyang, Ukraine, Moscow, Korean, Pakistan, Syria, Libya, North Korea's, London, Washington, Japan, South Korea, U.S, Bolshoi

☆ Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business
▼ + stars: | 2023-09-11 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The move comes months after Alibaba said in June that Zhang was departing as chairman and CEO of Alibaba Group to focus on the cloud intelligence unit. Stock Chart Icon Stock chart iconIn a surprise leadership reshuffle in June, Alibaba announced that Zhang was bowing out as both CEO and chairman on Sept. 10 to focus on the cloud intelligence business. Zhang was Alibaba Group CEO since 2015 and the group chairman since 2019. He has also been chairman and CEO of the Alibaba Cloud Intelligence Group since 2022. "The board of our Company expresses its deepest appreciation to Mr. Zhang for his contributions to Alibaba Group over the past 16 years," Alibaba said in the Sunday statement.

Persons: Daniel Zhang Yong, Daniel Zhang, Alibaba, Zhang, Eddie Wu, Wu, Joseph Tsai Organizations: Alibaba, Fund, Visual China, Getty, Alibaba Group, Cloud Intelligence Group, Company Locations: Lanzhou, Gansu Province, China, Hong Kong

☆ US suffers surprise defeat to Lithuania at FIBA Basketball World Cup
▼ + stars: | 2023-09-03 | by ( Aimee Lewis | Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —The US suffered a surprise 110-104 loss to Lithuania at the FIBA Basketball World Cup in the Philippines on Sunday. Both countries, however, progress to Tuesday’s quarterfinals with Lithuania, as Group J top seeds, next facing Serbia and the US taking on Italy. Jonas Valančiūnas finished with 12 points, seven rebounds and two blocks, while Anthony Edwards scored a game-high 35 points for the US, tying Carmelo Anthony for the second-most points scored in a US Basketball FIBA game. “Congratulations to my players, but we need to have short memory to prepare for the second game,” he said, per FIBA. We needed to respond the way we did and next game we have to start the way we did in the second half.

Persons: Jonas Valančiūnas, Anthony Edwards, Carmelo Anthony, Kevin Durant, Donatas, Yong Teck Lim, Kazys Maksvytis, ”, Steve Kerr, Lithuania “, “, ” Kerr, “ It’s Organizations: CNN, FIBA Basketball, Sunday, Lithuania, US Basketball FIBA, Asia Arena, Getty, FIBA, USA Locations: Lithuania, Philippines, Serbia, Italy, Asia, Manila

☆ Choreographers Make Their Own Kind of Administrative Dance
▼ + stars: | 2023-08-26 | by ( Margaret Fuhrer | ) www.nytimes.com time to read: +2 min

The Creative Administration Research program pairs choreographers with what it calls thought partners, collaborators who might be business-minded arts administrators, funders or presenters, but who are also often working artists. The program has also hosted two summits, bringing several dozen artists and leaders to the center’s University of Akron home to share their insights into creative administration. (And to dance together — or to “physicalize their administrative thinking and dreaming,” as a news release said.) Banning Bouldin, who uses they/them pronouns, formerly ran their Nashville organization, New Dialect, as a conventional dance company, though their goal was to create a dance hub for the city. “We’re serving more artists and more of the community in a way that’s financially sustainable.”Rosie Herrera, the director of Rosie Herrera Dance Theater, found that Creative Administration Research affirmed many of her existing ways of working.

Persons: Byron Au Yong, Raja Feather Kelly, Takahiro Yamamoto, Au Yong, Banning Bouldin, John Michael Schert, ” Bouldin, “ We’re, Rosie Herrera, ” Organizations: Creative Administration, center’s University of Akron, Rosie Herrera Dance, Creative Administration Research, Latina Locations: United States, Nashville, Miami

☆ Singapore downgrades GDP outlook, avoids recession
▼ + stars: | 2023-08-11 | by ( Chen Lin | ) www.reuters.com time to read: +3 min

Goss domestic product (GDP) expanded a seasonally-adjusted 0.1% quarter-on-quarter in April to June, slower than 0.3% growth seen in the government's advance estimate. Manufacturing will remain weak, dampened by a protracted downturn in electronics, while finance and insurance sectors will likely be subdued, MTI said. The ministry narrowed its GDP growth forecast to 0.5% to 1.5% this year from 0.5% to 2.5% previously. Analysts are expecting no change to monetary policy at MAS's October meeting, despite cooling momentum. MAS left its policy settings unchanged in April, after tightening five times in a row since October 2021, reflecting concerns over the city-state's growth outlook.

Persons: Feline, Goss, MTI, Yong Yik Wei, Brian Tan, Chen Lin, Tom Westbrook, Kanupriya Kapoor, Jacqueline Wong Organizations: Port, REUTERS, MAS, Ministry of Trade and Industry, The Straits Times, Monetary Authority, Singapore's, Barclays, Thomson Locations: Port of Singapore, MTI, SINGAPORE, Singapore, Asia

Seoul, South Korea CNN —North Korean leader Kim Jong Un has fired his top general amid a shakeup of the country’s military leadership and wants his army to “gird for a war,” state media reported Thursday. North Korean leader Kim Jong Un leads a meeting of the Central Military Commission in Pyongyang, North Korea, on Wednesday. KCNA/Handout/ReutersNorth Korea regularly revamps its military leadership. 2 job in the North Korean military hierarchy as recently as December 31 – reflected that, analysts said. Easley said the North Korean leader may simply be trying to ensure that no one below him becomes too powerful.

Persons: Kim Jong Un, “, Pak Su Il, Ri Yong Gil, ”, KCNA, Ri –, Yong Gil, Leif, Eric Easley, Cheong Seong, Kim Jong, ” Cheong, Easley, Yevgeny Prigozhin, Vladimir Putin’s, ” Easley, Kim Organizations: South Korea CNN — North, General Staff, Korean Central News Agency, Central Military Commission, Reuters, North, Ewha Womans University, Sejong Institute, Wagner, DPRK, Democratic People’s Locations: Seoul, South Korea, Pyongyang, North Korea, Reuters North Korea, Russian, Korean, United States, Democratic People’s Republic, Korea

☆ North Korea's Kim dismisses top general, calls for war preparations
▼ + stars: | 2023-08-09 | by ( Hyunsu Yim | ) www.reuters.com time to read: +2 min

General Ri Yong Gil was named to replace the military’s top general, chief of the General Staff Pak Su Il, KCNA reported, without elaborating. The United States has accused North Korea of providing arms to Russia for its war in Ukraine, including artillery shells, rockets and missiles. Russia and North Korea have denied those claims. North Korea is set to stage a militia parade on Sept. 9, marking the 75th anniversary of the Day of the Foundation of the Republic. North Korea has a number of paramilitary groups it uses to bolster its military forces.

Persons: Kim Jong Un, Kim, Ri Yong Gil, General Staff Pak Su Il, KCNA, Ri, Hyunsu Yim, Josh Smith, Stephen Coates Organizations: 8th Central Military Commission of, Workers ' Party of Korea, Central Committee of, Workers ' Party of, KCNA, REUTERS, Central Military Commission, General Staff, United, Foundation of, Thomson Locations: Workers ' Party of Korea, Pyongyang, North Korea, REUTERS SEOUL, Seoul, United States, Russia, Ukraine, Republic . North Korea, U.S, South Korea

☆ How the World Scout Jamboree descended into chaos in South Korea
▼ + stars: | 2023-08-09 | by ( Ju-Min Park | ) www.reuters.com time to read: +5 min

These were some of the conditions that about 40,000 teenage scouts had to contend with in the past week at the World Scout Jamboree, sending red-faced organisers in South Korea scrambling to fix matters before a looming typhoon forced everyone to leave the ill-fated campsite. As far back as 2017, when South Korea won the bid to host the jamboree, the campsite on reclaimed mud flats was seen as potentially problematic, according to a Reuters review of publicly available government reports. Matt Hyde, UK Scouts' chief executive, told Reuters the group decided to withdraw its contingent - the event's biggest - because toilets weren't being cleaned, rubbish was building up, and scouts weren't getting enough food. [1/5]Participants who left the camping site of the 25th World Scout Jamboree, arrive at a university in Incheon, South Korea, August 8, 2023. "South Korea has been known as a developed country so who would have thought that this country can't fix issues like bugs or toilets?"

Persons: Matt Hyde, weren't, Kim Soo, Kim Hyun, Hong Ki Yong, Josh Smith, Miral Organizations: South, FIFA, South Korea, Saemangeum Development, Investment Agency, Scouts, Reuters, REUTERS, WHO, University of Incheon, Thomson Locations: SEOUL, South Korea, West Virginia, North Jeolla, Incheon, Korea's, Busan, Korea

☆ Dollar creeps higher ahead of US, China economic data
▼ + stars: | 2023-08-08 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar. The Aussie slipped 0.05% to $0.6571, while the kiwi fell 0.08% to $0.6102. "This week's economic data ... will continue to paint a picture of a weak Chinese economic recovery," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "With the (Federal Reserve's) interest rate policymaking remaining data dependent, every data point has been eliciting an even higher level of vigilance," said Gary Dugan, chief investment officer at Dalma Capital.

Persons: Jo Yong, Carol Kong, Sterling, Gary Dugan, Rae Wee, Sam Holmes Organizations: Korea Exchange Bank, REUTERS, New, Commonwealth Bank of Australia, Aussie, U.S, ANZ, Dalma, Thomson Locations: Seoul, SINGAPORE, U.S, Asia, New Zealand

☆ North Korea denounces US arms aid to Taiwan as 'dangerous' provocation
▼ + stars: | 2023-08-03 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

A North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, Malaysia March 9, 2017. REUTERS/Edgar Su/File PhotoSEOUL, Aug 4 (Reuters) - North Korea on Friday criticised a U.S. weapons aid package to Taiwan, state media reported on Friday, accusing the United States of driving tensions in the region to "another ignition point of war". The United States unveiled an aid package for Taiwan worth up to $345 million on Friday as Congress authorised up to $1 billion worth of weapons for the island as a part of the 2023 budget. Taiwan rejects China's sovereignty claims and says only Taiwan's people can decide their future. North Korean leader Kim Jong Un met a Chinese delegation in Pyongyang last week and vowed to develop the two countries' relations to a "new high".

Persons: Edgar Su, Kim Jong Un, Soo, hyang Choi, Gerry Doyle Organizations: North, REUTERS, United, U.S, Thomson Locations: Korea, North Korean, Kuala Lumpur, Malaysia, SEOUL, North Korea, U.S, Taiwan, United States, Yong, China, Beijing, Washington, Taipei, Asia, Pacific, Pyongyang

☆ China's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again.
▼ + stars: | 2023-07-31 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

China's tech crackdown wiped $1.1 trillion off the valuation of its Big Tech firms. China's economy is struggling to recover after three years of on-off COVID-19 lockdowns. China cracked down on the country's tech sector in 2020, taking down its Big Tech, whose market value has been wiped by $1.1 trillion. But now, authorities are laying out the red carpet for the same firms because the economy is in deep trouble. Local governments in China are wooing tech giants with at least five recent deals to build on the so-called "platform economy," the South China Morning Post reported on Sunday.

Persons: NetEase, Yin Li, Kuaishou, Yin Yong, Daniel Zhang, Lei Jun, Alibaba, Jack Ma Organizations: Big Tech, Morning, China Morning Post, Sunday, Communist Party Locations: China, Beijing, Hangzhou, Tianjin, Shenzhen

☆ There's a global shortage of nurses, says Raffles Medical Group
▼ + stars: | 2023-07-31 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a global shortage of nurses, says Raffles Medical GroupLoo Choon Yong of Raffles Medical Group says Singapore has been losing nurses to Australia and New Zealand.

Persons: Yong Organizations: Raffles, Raffles Medical Group Locations: Singapore, Australia, New Zealand

King, an active-duty U.S. Army soldier serving in South Korea, sprinted into North Korea while on a civilian tour of the Demilitarized Zone on the border between the two Koreas. Washington is fully mobilized in trying to contact Pyongyang about him, U.S. Army Secretary Christine Wormuth said on Thursday, but North Korea had yet to respond. At that time, U.S. officials had just concluded an initial nuclear agreement with North Korean leader Kim Jong Un's father, Kim Jong Il. Warmbier was eventually returned to the United States in a coma in 2017, but died days later. "Here's the response we got: one missile launch after another," referring to repeated North Korean missile tests.

Persons: Travis King, Christine Wormuth, Joe Biden, Trump, It's, Thomas Hubbard, Bobby Hall, Kim Jong Un's, Kim Jong Il, Hubbard, King, Mickey Bergman, Bill Richardson, Bergman, Jenny Town, Charles Robert Jenkins, ‘, Tae Yong, Otto Warmbier, Warmbier, Otto’s, Fred, He’s, Antony Blinken, Biden, Blinken, Simon Lewis, David Brunnstrom, Idrees Ali, Don Durfee, Stephen Coates Organizations: Army, U.S . Army, U.S, North, Koreans, United Nations Command, Richardson, . Army, Reuters, Aspen Security, Korean, Thomson Locations: United States, North Korea, South Korea, . Washington, Pyongyang, U.S, Washington, North, Korea, Koreans, Sweden, New York, Jenny, Korean, Korea's

North Korea's state media has made no mention of the incident. North Korea has been testing increasingly powerful missiles capable of carrying nuclear warheads, including a new solid-fuel intercontinental ballistic missile last week. Forces Korea, said the military was "working with our KPA counterparts to resolve this incident," referring to North Korea's People's Army. NORTH KOREA FIRES MISSILESThe soldier was on a tour of the Panmunjom truce village with other visitors when he crossed a Military Demarcation Line, U.S. officials say. The launch came hours after the South Korea and the United States held the first round of talks on Tuesday on upgrading coordination in the event of a nuclear war with North Korea.

Persons: Travis T, King, Lloyd Austin, Austin, Isaac Taylor, Taylor, Kim Hong, Panmunjom, Tae Yong, Josh Smith, Hyonhee Shin, hyang Choi, David Brunnstrom, Phil Stewart, Idrees Ali, Kiyoshi Takenaka, Nobuhiro Kubo, Jack Kim, Lincoln Organizations: U.S, The U.S . Army, Security Area, U.S . Defence, United Nations, U.S . Forces, Korea's People's Army, Command, UNC, North Koreans, KOREA, REUTERS, Ji, U.S ., Korea's Unification Ministry, South, United, Thomson Locations: North North Korea, Pyongyang, U.S, South Korea, WASHINGTON, American, North Korea, Washington, The, New York, U.S . Forces Korea, Paju, Ji U.S, United States, Korean, Korea's, Seoul, Tokyo

She was among some 40 other tourists who were walking around and taking photos in the moments before King made a dash to North Korea. "I don't think anyone who was sane would want to go to North Korea, so I assumed it was some kind of stunt," she told Reuters. North Korea is likely to milk the border crossing by a U.S. soldier for propaganda purposes but will probably not be able to gain political leverage, analysts and a former North Korean diplomat said. The notable exception was U.S. college student Otto Warmbier, who died in 2017 shortly after being released from a North Korea prison. Still, analysts suggested that King's stay in North Korea could be lengthy.

Persons: Travis T, King, Carl Gates, Gates, Travis, Sarah Leslie, Leslie, Tae Yong, Andrei Lankov, Otto Warmbier, Lankov, It's, Victor Cha, Josh Smith, Matt Spetalnick, Don Durfee, Sandra Maler Organizations: U.S . Army, The Korea Times, U.S, Cavalry, Korean, Force, National Defense Service, Korean Defense, Overseas Service, Daily, Joint Security Area, Reuters, South, Korea Risk Group, Center for Strategic, International Studies, Thomson Locations: SEOUL, WASHINGTON, South Korea, Washington, North, Seoul, Fort Bliss , Texas, North Korea, Racine , Wisconsin, New Zealander, U.S, North Korean, Korea, Korean, Korea's, Pyongyang

☆ For North Korea, US defectors can be a propaganda win, but a logistical pain
▼ + stars: | 2023-07-19 | by ( Josh Smith | ) www.reuters.com time to read: +5 min

Analysts said discussions over the soldier's fate could see some of the first diplomatic engagement between North Korea and the United States in years. "I do not think North Korea views the latest incident as strong leverage or an opportunity to engage the U.S.," she said. "North Korea knows that the U.S. government is unlikely to change its North Korea policy or its commitment to U.S. extended deterrence because of one U.S. soldier who reportedly faced disciplinary action and wilfully crossed into North Korea." "Their conditions are better not only than the average North Korean prisoner, but of the average North Korean citizen." North Korean border guards fatally shot and burned the body of a South Korean fisheries official in 2020, and later leader Kim Jong Un ordered an entire city into lockdown when a North Korean crossed back into the country from the South.

Persons: Travis King, King, Andrei Lankov, Rachel Minyoung Lee, Tae Yong, Tae, Lankov, Otto Warmbier, Kim Jong Un, Josh Smith, David Brunnstrom, Hyonhee, Angus MacSwan Organizations: U.S, Army, Security Area, North, Korea Risk, Stimson, Korean, Thomson Locations: SEOUL, North Korea, U.S, North Korean, Pyongyang, ., United States, Seoul, Korea, Korea's, American, Korean, Washington

☆ Hearing aids may reduce your risk of dementia by half, study says
▼ + stars: | 2023-07-18 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

CNN —For people facing a greater threat of cognitive decline, getting hearing aids could cut your risk in half, according to a new study. Over the past decade, research has established that hearing loss is one of the biggest risk factors for developing dementia, but it wasn’t clear whether intervening with hearing aids would reduce the risk, he added. In the total group, hearing aids did not appear to reduce cognitive decline, the study said. Why hearing loss may increase dementia riskEveryone’s hearing declines with age, Lin said. In those cases, lower cost over-the-counter hearing aids — available without a prescription — may be a good option.

Persons: ”, Frank Lin, Lin, Thomas Holland, Holland, couldn’t, that’s, ” Lin, “, Benjamin Tan, Dean’s, Tan, ” Holland Organizations: CNN, US Centers for Disease Control, Johns Hopkins University School of Medicine, Bloomberg School of Public Health, Rush Institute for Health Aging, Loo Lin, of Medicine, National University of Singapore Locations: United States

☆ CEO of Tims China says the company is expanding its presence in the mainland
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEO of Tims China says the company is expanding its presence in the mainlandLu Yong Chen, CEO of Tims China, discusses how its business strategy differs from that of its peers.

Persons: Lu Yong Chen Locations: China

The Bank of Korea (BOK) said its seven-member monetary policy board voted to keep the base rate (KROCRT=ECI) unchanged at 3.50%, as it did in meetings in February, April and May. "The Board will maintain a restrictive policy stance for a considerable time with an emphasis on ensuring price stability," the BOK said in a statement. The BOK has kept monetary policy unchanged since its last interest rate hike in January and its tightening campaign, which began in August 2021, is widely expected to be over. The rate stood at 2.7% in June this year, although it is still higher than the central bank's medium-term target of 2%. South Korea's import prices fell in annual terms for a fifth month in June and marked the steepest drop in more than eight years, central bank data showed earlier on Thursday.

Persons: BOK, Governor Rhee Chang, Jihoon Lee, Joyce Lee, Jacqueline Wong Organizations: Bank of Korea, Reuters, Thomson Locations: SEOUL, China

July 13 (Reuters) - Qingdao city in China's debt-laden Shandong province has set up a company to bail out its cash-strapped local government financing vehicles (LGFVs), sources said, as regional governments rush to reduce debt risks in a wobbly economy. The government of Qingdao and the China Development Bank did not reply to Reuters' requests for comment. While no LGFV in China has defaulted in the public markets, cases of delinquencies in the private debt market are increasing, worrying Beijing. Tianjin LGFV bonds yield more than 514 bps over government bonds, compared with 200 bps for Shandong bonds, reflecting the elevated risks. Fund manager Zhou said although he is bullish on LGFV bonds, "the first priority is to be absolutely diversified in investment.

Persons: Qingdao's, Xi Jinping, LGFVs, Goldman Sachs, Zhai Jianye, Zhai, It's, Zhou Tingzuo, Ning Yong, Zhou, Samuel Shen, Jason Xue, Tom Westbrook, Vidya Ranganathan Organizations: Dongdin Industrial Group, China Development Bank, Southwest Securities, Agricultural Bank of China, China Construction Bank, Commercial Bank of China, SS, Shoupu Fund Management Co, Ning Yong Fu Fund Management, Thomson Locations: Qingdao, China's, Shandong, China, Shandong LGFVs, Beijing, Big, Jinan, Weifang, Liaoning, Hunan, Shanghai, Tianjin, Singapore

☆ Central banks in Asia could soon diverge from the Fed, Nomura says
▼ + stars: | 2023-07-11 | by ( Jihye Lee | ) www.cnbc.com time to read: +4 min

Francois Lochon | Gamma-rapho | Getty ImagesCentral banks in Asia could start cutting rates earlier than the Federal Reserve, economists at Nomura predicted. "Our view of Asian central banks cutting policy rates ahead of the Fed in this cycle is based on the fundamental divergences between Asian and U.S. economies," Nomura economists wrote. China's producer prices have already entered deflation territory, while South Korea's inflation hovered around 2.7%, nearing its central bank's target. Seoul could start cutsNomura expects the Bank of Korea to be one of the first central banks after China to cut rates. They pointed to the central bank's governor Rhee Chang-yong shrugging off investor concerns about a weakening South Korean currency.

Persons: Francois Lochon, Sonal Varma, Nomura, lockdowns, BOK, Rhee Chang, Rhee Organizations: Getty, Federal Reserve, Nomura, Federal, Bank of, CNBC, Korean, U.S Locations: Seoul, South, Asia, U.S, China, sputter, Indonesia, Philippines, India, Korea, Singapore, Bank of Korea

During her first day of meetings in Beijing, Treasury Secretary Janet L. Yellen criticized punitive measures the Chinese government has taken against American firms. I’ve made clear that the United States does not seek a wholesale separation of our economies. Ms. Yellen conveyed her objections to China’s top officials, including Premier Li Qiang, in what was the first visit to China by a Treasury secretary in four years. A Treasury Department official said Ms. Yellen had discussed the outlook for the economy in an informal discussion with her former counterparts that lasted more than an hour. “The United States will, in certain circumstances, need to pursue targeted actions to protect its national security,” Ms. Yellen said.

Persons: Janet L, Yellen, I’ve, Biden, Yellen’s, Li Qiang, Ms, “ I’ve, Mark Schiefelbein, Wang Yong, Wang, ”, Shi Yinhong, “, China’s, Michael Hart, “ We’ve, Mr, Hart, Liu He, Yi Gang, Li, Li’s, ” Claire Fu, Christopher Buckley Organizations: U.S, American Chamber of Commerce, Boeing, Bank of America, Cargill, Group, Bain & Company, Beijing, Biden, of, People, ., Center for American Studies, Peking University, “, Renmin University, U.S . State Department, Chamber of Commerce, Treasury, People’s Bank of China, Treasury Department Locations: Beijing, United States, China, American, Shanghai, U.S, States

"We had to wait two weeks," said Lee Bo-mi, a 35-year-old mother with a sick 3-year-old boy, at the Healthy Children's Hospital. By comparison, it costs about A$335 for initial standard consultation with an Australian paediatrician, while observation at Nationwide Children's Hospital in the U.S. costs $208 per hour, according to its website. Data from the Health Insurance Review and Assessment Service shows paediatricians are South Korea's lowest paid doctors, making 57% less than the average doctor's salary. Sowha Hospital, South Korea's oldest children's hospital, recently suspended Saturday afternoon and Sunday treatment for the first time in 77 years due to a lack of staff. "If the number of children's hospitals decreases and the number of doctors falls, it's going to be difficult to get children treated."

Persons: Song Jong, geun, Jung Seung, Kim Hong, Ji, paediatrics, Lee Bo, Dae, it's, Choi Yong, jae, Dr Lim Hyun, I'm, Kim Eun, Lee Ju, yul, there's, Lee, Lim, Joyce Lee, Robert Birsel Organizations: REUTERS, Seoul Institute, Reuters, The, of Health, Welfare, Children's, Korea University Guro Hospital, Korea Children's Hospital, Korean Pediatric Association, Nationwide Children's Hospital, Health Insurance, Service, Namseoul University, Thomson Locations: Seoul, South Korea, Ji SEOUL, Seoul's, Korea, Australian, U.S

☆ Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank
▼ + stars: | 2023-07-03 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

The Monetary Authority of Singapore, the city-state's financial regulator and central bank, has named Deputy Prime Minister Lawrence Wong as chairman of its board of directors effective July 8. Wong, who is the country's finance minister, will replace Tharman Shanmugaratnam, who held the role for 12 years since May 2011, the release said. Wong, who was deputy chairman of MAS since June 2021, will serve as chairman until May 31, 2026, according to the press release. He previously served as a member of the MAS Board from June 2011 to August 2016. Singapore's Minister for Trade and Industry Gan Kim Yong will be appointed deputy chairman of the MAS Board for the same period, from July 8 to May 31, 2026.

Persons: Lawrence Wong, Wong, Tharman Shanmugaratnam, Shanmugaratnam, Industry Gan Kim Yong Organizations: Monetary Authority of, MAS, Singapore's, Trade, Industry, MAS Board, CNBC Locations: Monetary Authority of Singapore, Singapore

But in South Korea, “no-kids zones” have become remarkably popular in recent years. In addition to the world’s lowest birthrate, South Korea has one of the world’s fastest aging populations. A widely circulated crowd-sourced Google Map shows the location of many of South Korea's no-kids zones, as identified by users. A man looks at strollers at a baby fair in Seoul, South Korea, in September 2022. See why South Korea has the world's lowest fertility rate 02:41 - Source: CNNNo kids to kids first?

Persons: it’s, Yong Hye, Bonnie Tilland, Tilland, ”, Lee Yi, “ It’s, Lee Ji, Kim Se, “, choong, ” Tilland, Yong, don’t, ” Yong, Barista Ahn Hee, yul, they’re Organizations: Seoul CNN —, South, Google, Income Party, National Assembly, Facebook, Human Rights, UN, Yonsei University, Leiden University, Hankook Research, CNN Locations: Seoul, South Korea, Jeju, Japan, United States, South, Korea, Netherlands, ‘

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