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South Korea, US sound alarm over North Korea-Russia ties ahead of Putin visit

By Hyonhee Shin and Josh Smith SEOUL (Reuters) -A possible impending visit by Russian President Vladimir Putin to North Korea could deepen military ties between the two countries in violation of U.N. Security Council resolutions, officials of South Korea and the United States warned on Friday. South Korea’s vice foreign minister, Kim Hong-kyun, in an …

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Senior US diplomat warns of risks of accidental conflict sparked by China’s moves

By Ben Blanchard TAIPEI (Reuters) – China’s “provocative” actions around Taiwan, Japan and in the South China Sea run the risk of an accident that could unintentionally spark a broader conflict, Washington’s top diplomat in Taipei said on Friday. Sandra Oudkirk, the outgoing director of the American Institute in Taiwan (AIT) and de facto U.S. …

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Vietnam plans raising special consumption tax on alcoholic drinks to 100% by 2030

HANOI (Reuters) -Vietnam’s Finance Ministry has proposed to hike a special consumption tax on alcoholic drinks to 100% by 2030, the ministry said, a move that may further hurt the country’s beverage industry. Under the draft proposal which is pending lawmakers’ approval, the special consumption tax on beer and strong liquor will be raised to …

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S.Korea watchdog faults 3 foreign e-commerce sites for sale of unsafe products

By Joyce Lee SEOUL (Reuters) -South Korea’s consumer safety agency said on Friday that nearly a third of tested products, including children’s toys, sold on foreign e-commerce platforms AliExpress, Temu and Qoo10 did not meet domestic safety standards. The world’s fourth-largest e-commerce market has increased regulatory scrutiny on foreign shopping platforms, with Alibaba’s AliExpress and …

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American held by the Taliban needs urgent medical care, says UN expert

GENEVA (Reuters) -The Taliban must provide Ryan Corbett, an American held in Afghanistan for nearly two years, with immediate medical care to prevent irreparable harm to his health or even his death, a United Nations expert said on Thursday. “The Taliban must provide Ryan Corbett with medical treatment in a civilian hospital without delay,” said …

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G7 agrees on loan deal to support Ukraine with Russian assets

By Andrea Shalal and Thomas Escritt BORGO EGNAZIA, Italy (Reuters) -Leaders of the Group of Seven major democracies agreed on an outline deal on Thursday to provide $50 billion of loans for Ukraine using interest from Russian sovereign assets frozen after Moscow invaded its neighbour in 2022. The political agreement was the centrepiece of the …

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Ukraine’s Zelenskiy says China’s Xi told him he will not sell any weapons to Russia

KYIV (Reuters) – Chinese President Xi Jinping told Ukrainian President Volodymyr Zelenskiy that China would not sell weapons to Russia during a phone conversation between the two men, Zelenskiy said on Thursday. Zelenskiy was speaking at a joint press conference with U.S. President Joe Biden at the G7 summit in Italy. He did not specify …

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Ukraine, Japan sign 10-year term security agreement

(Reuters) – Ukraine and Japan on Thursday signed a 10-year security agreement on the sidelines of the G7 summit, President Volodymyr Zelenskiy said. Ukraine, more than two years since it was invaded by Russia, has signed 15 other similar agreements pledging long-term support from its allies including Britain, France and Germany. “In 2024, Japan will …

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South Korea extends stock short-selling ban through Q1 2025

By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea has decided to extend a market-wide ban on short-selling of stocks through the first quarter of 2025, as the government focuses on developing a system to control illicit trading practices before resuming the trading strategy. “The ban on short-selling will be extended until March 30, …

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Vietnam president in meeting with US ambassador calls for stronger defence, economic ties

HANOI (Reuters) – Vietnam’s newly elected president To Lam on Thursday called for a strengthening of ties with the United States, the government said. Vietnam has been seeking to boost relations with Washington as part of its “bamboo diplomacy” as it tries to navigate rising global disputes and maintain economic growth. In a meeting on …

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