A Global Asset Management Seoul Korea Magazine
(RTTNews) - The China stock market has finished higher in two straight sessions, rising more than 45 points or 1.4 percent along the way. The Shanghai Composite Index now sits just shy of the 3,410-point plateau and it's expected to open in the green again on Monday. The global forecast for the Asian markets is positive on optimism for a coronavirus vaccine. The European and U.S. markets were up on Friday and the Asian markets are tipped to open in similar fashion. The SCI finished sharply higher on Friday following gains from the financial shares, property stocks and resource companies. For the day, the index jumped 38.57 points or 1.14 percent to finish at the daily high of 3,408.31 after trading as low as 3,364.49. The Shenzhen Composite Index gained 7.65 points or 0.34 percent to end at 2,253.12. Among the actives, Industrial and Commercial Bank of China soared 5.89 percent, while Bank of China accelerated 2.46 percent, China Construction Bank rallied 4.30 percent, China Merchants Bank collected 1.69 percent, Bank of Communications spiked 2.59 percent, China Life Insurance jumped 1.95 percent, Ping An Insurance advanced 1.07 percent, Jiangxi Copper improved 1.36 percent, Yanzhou Coal gained 0.53 percent, PetroChina rose
LONDON (REUTERS) - British telecommunications firms must not install new Huawei 5G kit after Sept 2021, the government said on Monday (Nov 30), as part of a plan to purge the Chinese firm's equipment from high speed mobile networks. Britain has already ordered all Huawei equipment to be removed from its 5G network by the end of 2027, falling in line with intelligence allies including the United States who say the firm poses security risks. China has criticised that decision, while Huawei said last week it was disappointed Britain was looking to exclude it from the 5G roll-out after the publication of new laws that could see firms fined 100,000 pounds (S$178,009) if they break the ban. Monday's announcement comes ahead of a debate over new telecoms legislation in parliament and fleshes out the timeline for equipment removal. "I am setting out a clear path for the complete removal of high risk vendors from our 5G networks," digital minister Oliver Dowden said in a statement. "This will be done through new and unprecedented powers to identify and ban telecoms equipment which poses a threat to our national security." The government also announced a new strategy
Dr. Deborah Birx said Americans "may have made mistakes over the Thanksgiving time period," and urged everyone who attended holiday gatherings last week to assume they are infected with COVID-19 and to get tested this week. Birx, the coordinator of the White House Coronavirus Task Force, made the statements during an appearance on "Face the Nation." "We know people may have made mistakes over the Thanksgiving time period," Birx said on Sunday. "If you're young and you gathered, you need to be tested about five to 10 days later. But you need to assume that you're infected and not go near your grandparents and aunts and others without a mask."Birx noted, "We're really asking families to even mask indoors if they chose to gather during Thanksgiving and others went across the country or even into the next state."Birx warned that she believes there will be massive spikes of coronavirus following Thanksgiving. "Going into the Memorial Day weekend we had less than 25,000 a day, we had only 30,000 inpatients in the hospital and we had way less mortality, way under a thousand," Birx said. "We're entering this post-Thanksgiving surge with three, four and 10 times as much disease across the
(RTTNews) - The Singapore stock market has moved lower in two straight sessions, sinking almost 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 2,855-point plateau although it's predicted to find traction on Monday. The global forecast for the Asian markets is positive on optimism for a coronavirus vaccine.
TEHERAN (NYTIMES) - The raid alone was brazen enough. A team of Israeli commandos with high-powered torches blasted their way into a vault of a heavily guarded warehouse deep in Iran and made off before dawn with 5,000 pages of top secret papers on the country's nuclear program. Then in a television broadcast a few weeks later, in April 2018, Israeli Prime Minister Benjamin Netanyahu cited the contents of the pilfered documents and coyly hinted at equally bold operations still to come. "Remember that name," he said, singling out scientist Mohsen Fakhrizadeh as the captain of Iran's covert attempts to assemble a nuclear weapon. Now Fakhrizadeh has become the latest casualty in a campaign of audacious covert attacks seemingly designed to torment Iranian leaders with reminders of their weakness. The operations are confronting Iran with an agonising choice between embracing the demands of hard-liners for swift retaliation, or attempting to make a fresh start with the less implacably hostile administration of President-elect Joe Biden. Trailed by a carload of bodyguards, Fakhrizadeh on Friday was driving a carefully circuitous route to the home of his in-laws in the city of Absard, Iran, according to witnesses and