Asian Stocks Rise After Listless Wall Street Day
Asian stocks rise following listless Wall Street day ahead of US-China trade talks.
Asian stocks rise following listless Wall Street day ahead of US-China trade talks.
Democrats and Republicans have reached an agreement in principle over border security to fund the US government and avert another partial shutdown.
The UK food industry has threatened to stop co-operating with government policy consultations, saying it is busy trying to stave off the “catastrophic impact” of a no-deal Brexit.
Fears over U.S. power and influence record the greatest jump in a public opinion study conducted in 26 countries.
An estimated 3,000 people have been evacuated due to a huge blaze on the northern tip of the South Island
The British government has cancelled a contract to ship goods to the country after it leaves the European Union with a company that turned out to have no boats and no experience running a ferry service.
Last year, a flotilla of 40 fishing boats set sail from northern Sri Lanka with a mission to seize back their island from navy occupation. The BBC’s Ayeshea Perera reports the extraordinary story of how they did this without any bloodshed.
US President Donald Trump says his second summit with North Korean leader Kim Jong-un will be held in the Vietnamese capital Hanoi.
The two men will meet on 27-28 February for talks expected to focus on persuading the communist state to give up its nuclear weapons programme.
Modern relations with Vietnam are seen as a model for US ties with the North.
A US envoy held “very productive” talks with the North to prepare for the new summit, Mr Trump said.
The first summit between President Trump and Mr Kim in Singapore last June generated significant coverage and optimism but delivered very few concrete developments.
Both sides said they were committed to denuclearisation but gave no details of how this would be carried out or verified.
Mr Trump announced in his State of the Union address on Tuesday that he would meet Mr Kim in Vietnam but did not say where exactly the summit would take place.
On Friday evening Washington time, he tweeted that they would meet in Hanoi for “advancing the cause of peace”.
Hanoi was the capital of communist North Vietnam during the bloody conflict between 1965 and 1973 which Americans refer to as the “Vietnam War” and the Vietnamese call the “American War”.
Since the war, in which millions of civilians and combatants died, reunified Vietnam has rebuilt relations with America while remaining a communist state.
North Korea isolated itself from the outside world after the Korean War ended in 1953, and only began to mend ties with US-backed South Korea in recent years.
South Korean presidential spokesman Kim Eui-kyeom said this week that Vietnam was the best choice of host for the next summit because it and America used to “point a gun and knife at each other”, Reuters news agency reports.
Vietnam is also seen as a model of economic and political reform for the North to follow.
An unnamed White House official with knowledge of the second summit’s planning told CBS News Vietnam had been chosen in part because of its good relationships with both the US and North Korea.
The post-war trajectory of relations between America and Vietnam was, the official added, a hopeful model for potential warmer relations between the US and North Korea.
US envoy Stephen Biegun spent three days in discussions on the Korean peninsula.
In the Northern capital Pyongyang, he met his counterpart Kim Hyok-chol and discussed the “Singapore summit commitments of complete denuclearisation”, a US state department statement says.
The two envoys will meet again before the summit. Mr Biegun warned of “some hard work to do with the DPRK [North Korea] between now and then”.
In South Korea, the US envoy briefed Foreign Minister Kang Kyung-wha.
“I am confident that if both sides stay committed, we can make real progress,” he told reporters.
President Trump tweeted that North Korea could become an economic “rocket”.
Experts caution that despite Mr Trump’s assertion that North Korea is no longer a nuclear threat, the country has never said it would give up its nuclear weapons programme without similar concessions from the US.
The US wants North Korea to make a full declaration of all its nuclear weapons facilities and commit to destroying them, under international supervision.
In a speech at Stanford University last week, Mr Biegun said the US would not agree to lift sanctions until this happens but he indicated it could provide assistance in other ways, saying: “We did not say we will not do anything until you do everything.”
He also said Kim Jong-un had previously committed to “the dismantlement and destruction” of all North Korea’s plutonium and uranium facilities, which provide the material for nuclear weapons.
The UN has warned that North Korea is continuing its nuclear programme and breaking sanctions.
A confidential report to the Security Council earlier this week said actions including the illegal transfer of banned goods at sea could make sanctions – the international community’s main way of putting pressure on North Korea – “ineffective”.
The report said there had been a “massive increase in illegal ship-to-ship transfers of petroleum products and coal”, where material is moved from non-North Korean ships out at sea to evade monitoring.
The international sanctions against North Korea are designed to severely limit its import and export abilities, with the aim of putting pressure on the country to give up its nuclear ambitions.
Thousands of people have been evacuated from a New Zealand town as firefighters battle a wildfire stoked by winds in the country’s South Island.
Australian police have arrested six people in Victoria and New South Wales after the biggest seizure of crystal methamphetamine in US history.