Wednesday, July 11th, 2018

 

At NATO, Trump Slams Germany as Being 'Captive' to Russia

A meeting of the North Atlantic Treaty Organization began on a confrontational note on Wednesday with U.S. President Trump singling out Germany for criticism, accusing the largest and wealthiest European member of the defense alliance of being a “captive” of Russia.During a breakfast meeting with NA… Source: Culture


Lip Gloss Boss: Kylie Jenner to Be Youngest Self-Made Billionaire

Reality TV star Kylie Jenner is on track to become the youngest self-made billionaire in the United States thanks to the booming cosmetics company she launched two years ago, Forbes magazine reported Wednesday.Jenner, 20, half-sister of Kim, Khloe and Kourtney Kardashian, debuted Kylie Cosmetics in … Source: Culture


Samsung heir returns home after four-day visit to India

SEOUL, July 11 (Yonhap) — Samsung heir Lee Jae-yong returned home on Wednesday after a four-day visit to India, where he held a meeting with President Moon Jae-in, an industry source said. Moon and Indian Prime Minister Narendra Modi attended an Source: Money


China Jolted by U.S. Tariffs on Chinese Imports

China expressed shock Wednesday at the Trump administration’s decision to prepare 10-percent tariffs on another $200 billion of Chinese imports covering thousands of products, the latest move in an escalating trade war between the world’s two largest economies. China’s commerce ministry called the d… Source: Culture


(LEAD) Hyundai seeks gov't approval to visit N.K. for memorial service

(ATTN: ADDS details in paras 5-6) SEOUL, July 11 (Yonhap) — Hyundai Group on Wednesday asked the government to allow its senior management to visit North Korea next month to mark the anniversary of the death of its former chairman, company officials Source: Money


(News Focus) S. Korea could miss 3 pct growth target this year: observers

By Choi Kyong-ae SEOUL, July 11 (Yonhap) — South Korea looks likely to miss its growth target of 3 percent this year as sluggish local consumption and slowing exports could drag down its economy, experts here said Wednesday. The government has ma Source: Money


Subcontractors urge gov't to probe heavy-handed conduct by major shipbuilders

SEOUL, July 11 (Yonhap) — About 50 subcontractors of major shipbuilders held a rally on Wednesday, calling for the government to thoroughly investigate the heavy-handed business practices of local shipyards. The subcontractors of Daewoo Shipbuild Source: Money


Hyundai seeks gov't approval to visit N.K. for memorial service

SEOUL, July 11 (Yonhap) — Hyundai Group on Wednesday asked the government to allow its senior management to visit North Korea next month to mark the anniversary of the death of its former chairman, company officials said. The memorial service for Source: Money


S. Korean firms sign MOUs worth US$2.7 million with Indian partners

SEOUL, July 11 (Yonhap) — South Korea said Wednesday that seven of its tech companies inked memorandums of understanding with their Indian counterparts — a move that could help local firms make inroads into the one of fastest-growing markets in the w Source: Money


(LEAD) Seoul stocks tumble amid escalating trade tensions

(ATTN: ADDS photo, bond yields at bottom) SEOUL, July 11 (Yonhap) — South Korean stocks closed lower Wednesday to end a three-day winning streak after the United States announced its plan to impose additional tariffs on Chinese products, analysts sai Source: Money