SEOUL (Reuters) - South Korean President Moon Jae-in has fired both his top economic policymakers and replaced them with people already in the government, his office said on Friday, a move widely seen as intended to reinforce his controversial policies. FILE PHOTO: South Korean Finance Minister Kim Dong-yeon waits for U.S. Treasury Secretary Steve Mnuchin…
Matthew Whitaker, the new acting attorney general, reportedly does not plan to recuse himself from overseeing the Russia investigation and would not approve a request from the special counsel Robert Mueller to subpoena President Donald Trump for an interview. According to The Washington Post, ethics officials at the Department of Justice will likely examine Whitaker's…
FOR ONCE, the outcome that was predicted actually occurred. Democrats took the House of Representatives in America’s mid-term elections on November 6th, and will provide some welcome oversight of the White House when members of the new Congress take their seats in January. Republicans held the Senate—with a bigger majority, which will make presidential appointments…
The rampage in Thousand Oaks, a city of 129,000 people about 40 miles west of Los Angeles, was the deadliest shooting in Southern California since 14 people were killed in a terrorist attack in San Bernardino, Calif., in 2015. The first 911 call reported “shots fired” at the club, said Capt. Garo Kuredjian, a spokesman…
This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Elon Musk has founded an interesting variety of companies since dropping out of the physics PhD program at Stanford. In the 1990s, he was among the first to see…
Samsung's flexible phone. It starts in phone mode... And opens into a tablet mode. There are two displays on Samsung's phone. One static phone-style display on the outside, and athe folding display on the inside. Putting the folding display on the inside of the device means putting a serious bend in the display. As you…
SYDNEY (Reuters) - Australia will offer Pacific countries up to A$3 billion ($2.18 billion) in grants and cheap loans to build infrastructure, Prime Minister Scott Morrison said on Thursday, as Canberra seeks to counter China’s rising influence in the region. Australia and China have been vying for influence in sparsely populated Pacific island countries that…
Research from UBS shows President Trump's tariffs on Chinese goods are having a material effect on US-China trade. The analysts reviewed US import data for $34 billion of products that fell within the first tranche of US tariffs on July 6. And the decline has been "sharp and unambiguous": Census/UBS "The modest uptick in September…
AFTER TWO years of unified Republican control, divided government is returning to Washington. In arguably the most consequential mid-term elections in recent memory, the Democratic Party won a comfortable majority in America’s House of Representatives. Although the exact tallies have not yet been finalised, the Democrats needed 218 seats to wrest back the speakership, and…
WASHINGTON — George W. Bush saw a “thumpin’.” Barack Obama saw a “shellacking.” Donald J. Trump sees a “Big Victory.” Never one to admit defeat, even in the face of a major setback, President Trump wasted little time on Wednesday morning trying to frame his party’s election losses as a win even though Democrats seized…
