Defections by members of North Korean official delegations travelling abroad are rare, because they are carefully vetted before being granted exit visas and closely monitored during their stay overseas

N. Korea math student seeks asylum in Hong Kong: reports

AFP News A North Korean student in Hong Kong for an international math contest is seeking asylum in the city, media reports said Thursday. The 18-year-old male student, who was not identified, took refuge at the South Korean consulate in Hong Kong, according to local newspaper Ming Pao. The student was part of an official delegation in Hong Kong this month for the International Mathematical Olym…

  • Oil prices edged up in Asia Thursday after slumping for five-straight sessions to a three-month low after a surprise jump in US stockpiles built on increasing worries about a global supply glut. US energy ...

  • Defections by members of North Korean official delegations travelling abroad are rare, because they are carefully vetted before being granted exit visas and closely monitored during their stay overseas

    A North Korean student in Hong Kong for an international math contest is seeking asylum in the city, media reports said Thursday. The 18-year-old male student, who was not identified, took refuge at the South Korean consulate in Hong Kong, according to local newspaper Ming Pao. The student was part of an official delegation …

  • Holocaust survivors Reuwen ‘Ruby’ Sosnowicz, left, and Saul Dreier, members of the Holocaust Survivor Band, wait to go on stage for a performance in the former Warsaw Ghetto in Warsaw, Poland, on Tuesday July 26, 2016. Two Holocaust survivors took to a stage at the site of the former Warsaw Ghetto this week to perform lively prewar tunes, with a 91-year-old on drums and an 88-year-old on accordion, keyboard and vocals. Among the hundreds in the audience were several Polish Christians who saved Jews during the Holocaust, part of a complex relationship between Jews and Christians in Poland that Pope Francis will encounter during a somber visit to Auschwitz on Friday.   (AP Photo/Vanessa Gera)

    WARSAW, Poland (AP) — Two Holocaust survivors took to a stage at the site of the former Warsaw Ghetto this week to perform lively prewar tunes — the 91-year-old played drums and the 88-year-old was on accordion, keyboard and vocals. In the audience several elderly Christian Poles who saved Jews during the Holocaust swayed …

  • GIC spots investment opportunities in emerging economies

    Several nations have reigned in excessive credit growth. According to Bloomberg, in an environment of diminishing returns, emerging economies are offering better opportunities for investors compared with last year, Singapore’s sovereign wealth fund GIC Pte said. Several emerging nations have reigned in excessive credit …

  • Facebook's stock is soaring after hours following better-than-expected results for the second quarter

  • Specialists Dilip Patel, left, and Glenn Carell work at a post on the floor of the New York Stock Exchange, Wednesday, July 27, 2016. The Federal Reserve is keeping interest rates unchanged while noting that near-term risks to the economy have diminished. (AP Photo/Richard Drew)

    HONG KONG (AP) — Asian stock benchmarks were mostly lower Thursday as investors digested an upbeat Fed assessment of the U.S. economy that raised the prospect of further rate hikes, while anticipating more stimulus from Japan.

  • LIM, which owns 10 percent of the AMP Capital China Growth Fund, received the support of 54.5 percent of eligible voters at an extraordinary general meeting Thursday to wind up the fund, the Hong Kong-based firm said in an-emailed statement. The China fund has a market value of A$434 million ($326 million) and manages …

  • In this Wednesday, July 20, 2016 photo, Israeli Dani Dayan speaks during an interview with The Associated Press in Jerusalem. For years, Dani Dayan was the West Bank settler movement’s face to the outside world. Next week, he’ll become the face of Israel to much of North America. (AP Photo/Sebastian Scheiner)

    JERUSALEM (AP) — For years, Dani Dayan was the West Bank settler movement's face to the outside world. Next week, he'll become the face of Israel to much of North America.

  • Iraqi civilians gather at a camp for displaced people after fleeing towns south of Mosul during fighting between Iraqi security forces and the Islamic State (IS) group

    Thousands of children have been detained and many tortured during security operations carried out in response to threats from extremists such as the Islamic State group in Iraq and Syria, and Boko Haram in Nigeria, Human Rights Watch said Thursday. In a new report, the US-based rights group documented an increase in the …

  • Japanese individuals trading using borrowed money cut their bets on a rising equity market to the lowest since March 2013, shortly before central bank Governor Haruhiko Kuroda unleashed unprecedented bond-buying that sent the Nikkei 225 Stock Average to its biggest annual gain in four decades. “Individuals’ hopes for higher …

  • Japanese shares led most Asian stocks lower amid a comeback in the yen, while base metals rose. The greenback weakened against almost all of its major peers, losing 0.6 percent to the yen as bets on a U.S. rate hike in 2016 remained below 50 percent after the Fed’s July review. Most stocks in Asia fell as Japanese equities …

  • Tokyo shares fell Thursday as a Bank of Japan policy meeting got under way, with markets waiting to see if policymakers unleash a fresh round of stimulus to kickstart sluggish growth. The benchmark Nikkei ...

  • (Bloomberg) -- Nomura Holdings Inc.’s first-quarter profit fell 32 percent, less than analysts estimated, as an increase in trading income damped the impact of a slump in brokerage commissions.

  • Net income at the Japanese wireless carrier rose to 254.2 billion yen ($2.4 billion) in the three months ended June 30, the Tokyo-based company reported Thursday. SoftBank’s operating profit was 319.2 billion yen. The gradual turnaround at Sprint has been overshadowed by SoftBank founder Masayoshi Son’s $32 billion deal …

  • “The only implausible scenario is dollar-yen trading quietly on Friday,” said Sean Callow, a senior foreign-exchange strategist at Westpac Banking Corp. in Sydney. Japan’s debt market -- the world’s largest outside the U.S. -- has also seen volatility climb.

 

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