BEIJING (Reuters) – China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China’s commerce minister said. Wang Wentao met with South Korean Trade Minister Ahn Duk-geun on the sidelines of the Asia-Pacific Economic Cooperation (APEC) conference…
WASHINGTON (Reuters) – Two Los Angeles residents have been charged with acting in a Beijing-directed scheme targeting U.S.-based practitioners of the Falun Gong group that is outlawed in China, the U.S. Justice Department said on Friday. John Chen, also known as Chen Jun, and Lin Feng were arrested in California over allegations they supported Chinese…
By Josh Smith and Sudev Kiyada SEOUL (Reuters) – For North Koreans, the country’s northern frontier long offered rare access to outside information, trade opportunities, and the best option for those seeking to flee. But as the pandemic gripped the world in 2020, Kim Jong Un’s regime embarked on a massive exercise to seal its…
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon said in a deposition on Friday that he had never met or communicated with late sex offender and former bank client Jeffrey Epstein, the bank said. The largest U.S. bank faces lawsuits seeking damages by women who claim that Epstein…
By Noel Randewich and Shristi Achar A (Reuters) – U.S. stocks finished sharply higher on Friday as talks on raising the U.S. debt ceiling progressed, while chip stocks surged for a second straight day on optimism about artificial intelligence. After several rounds of talks, U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared…
(Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon said in a deposition on Friday that he had never met or communicated with late sex offender and former bank client Jeffrey Epstein, the bank said. Dimon had been ordered by a federal judge to set aside two days for depositions about what he knew…
By Brad Brooks and Daniel Trotta LUBBOCK, Texas (Reuters) – Republican Texas Attorney General Ken Paxton lashed out on Friday against his critics trying to impeach him, saying that removing him from office would be a gift for President Joe Biden and his Democratic agenda. Paxton, a conservative firebrand and ally of former President Donald…
By David Lawder DETROIT (Reuters) – Trade ministers from the Asia Pacific Economic Cooperation (APEC) countries agreed on Friday to promote more inclusive and sustainable trade, but failed to produce a joint statement due to Russia and China’s objections to language on Ukraine. Closing out two days of talks in Detroit, the APEC host, U.S….
By Allison Lampert MONTREAL (Reuters) – WestJet Airlines pilots will get a 24% hourly raise over four years, plus other pay and benefits as part of a tentative agreement reached in May, according to a copy seen by Reuters on Friday. The tentative agreement was reached by Onex Corp’s WestJet and the Air Line Pilots…
By David Lawder DETROIT (Reuters) -U.S. Trade Representative Katherine Tai raised complaints about China’s state-led economic policies during a meeting on Friday with Chinese Commerce Minister Wang Wentao, who objected to U.S. tariffs and trade policies, their offices said. But statements from the U.S. Trade Representative’s office and China’s Commerce Ministry both emphasized the need…
