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South Korea orders further arrests at Samsung Electronics over accounting scandal

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FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – A South Korean court approved arrest warrants on Saturday for two executives at Samsung Electronics Co Ltd over their alleged roles in a suspected accounting fraud at the biotech Read More

North Korea warns no more talks until US backs off ‘impossible demands’

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Negotiations between the United States and North Korea over the latter’s nuclear program will not resume until the US administration backs off from what Pyongyang has characterized as a unilateral demand that it disarm. US President Donald Trump and North Korean Supreme Leader Kim Jong-un held summits in Singapore in June 2018 and in Hanoi Read More

South Korea’s Apr crude imports from Iran rise 25% on year ahead waiver expiry

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Seoul — South Korea’s crude imports from Iran surged 24.5% year on year in April ahead of the May expiry of its US sanctions waiver, while imports from the US jumped more than five times, data released by Korea National Oil Corp. Thursday showed. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

ARM supply halt deals fresh blow to Chinese tech giant Huawei

3 days ago DieselGasoil Comments Off on ARM supply halt deals fresh blow to Chinese tech giant Huawei
LONDON (Reuters) – British chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom company’s ability to make new chips for its future smartphones. FILE PHOTO: Women walk past a Huawei P30 advertising LED board at a shopping centre in Bangkok, Thailand May 22, Read More

South Korea end-users seal term naphtha supply amid weak spot market

3 days ago DieselGasoil Comments Off on South Korea end-users seal term naphtha supply amid weak spot market
Author Sue Koh Editor Nurul Darni Commodity Oil Author Sue Koh Editor Nurul Darni Commodity Oil Singapore — Low cash differentials for spot cargoes against a backdrop of weak Asian naphtha complex have prompted a few South Korean olefins producers to secure feedstocks ahead for the year. Not registered? Receive daily email alerts, subscriber notes Read More

N Korea responds to Biden jibe and calls him ‘fool of low IQ’

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By Rebecca Taylor, news reporter North Korea has called Joe Biden a “fool of low IQ” and an “imbecile bereft of elementary quality as a human being” after he said Kim Jong Un was a tyrant. Korean Central News Agency (KCNA) accused Mr Biden of committing an “intolerable and serious politically motivated provocation” against Pyongyang. Read More

‘Fool of low IQ’: North Korea roasts Biden after presidential hopeful attacks Kim Jong-un

4 days ago DieselGasoil Comments Off on ‘Fool of low IQ’: North Korea roasts Biden after presidential hopeful attacks Kim Jong-un
Pyongyang has unleashed an avalanche of insults directed at Joe Biden after the Democratic presidential hopeful referred to North Korean leader Kim Jong-un as a dictator. Biden was declared a “fool of low IQ” and an “imbecile” lacking human qualities by Pyongyang’s state-controlled Korean Central News Agency (KCNA) on Tuesday. The verbal lashing comes just Read More

Huawei pledges to continue Android device support after rebuff from Google

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Tech giant Huawei has vowed to continue support services for customers of its Android-using tablets and smartphones after Google said it was cutting ties with the Chinese firm accused by Washington of spying for Beijing. In a company statement released Monday, Huawei said it had made “substantial contributions” to the development and growth of the Read More

North Korea calls for urgent UN measures in response to seizure of cargo ship by ‘gangster’ US

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Pyongyang has urged the UN to act after North Korea’s bulk carrier, the Wise Honest, was captured by US forces. It was seized a year after being detained in Indonesia. Pyongyang’s UN representative Kim Song has sent a letter on Friday to Secretary-General Antonio Guterres asking for immediate action to be taken to return the Read More

Samsung Electronics says undecided on further investment in its China NAND plant

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FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Read More