Could South Korea abandon its strained alliance with US?

With rising regional risk, some South Koreans are wondering if it's time for the country to stand on its own By Andrew Salmon In the blissful afterglow of US President Donald Trump’s gaff-free state visit to South Korea – where he appeared to upgrade his personal relationship with South Korean President Moon Jae-in and delivered … Continue reading Could South Korea abandon its strained alliance with US?

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Japanese robot maker taps China’s demand for automation

Local partner crucial as Yaskawa Electric leads the way for other makers YURI MASUDA, Nikkei staff writer TOKYO -- As China's production lines become increasingly automated, several Japanese industrial robot makers have established partnerships with local players, eager to increase their presence in the world's largest manufacturing market. Since 2015, Yaskawa Electric, one of the top … Continue reading Japanese robot maker taps China’s demand for automation

Russia squeezing US out as agricultural superpower

The US is being pushed out of the grain market as Russia's bumper wheat harvest has dragged down prices to record lows. Russian agricultural exports are booming thanks to a weaker national currency and massive investment. “We are pushing America aside in some markets, and we are satisfied with this,” said Russia’s Agriculture Minister Aleksandr Tkachev. … Continue reading Russia squeezing US out as agricultural superpower

Russia emerging as new player in Middle East balance of power

Moscow's sale of a better defense system to the Saudis than to its "ally" Iran is consistent with the pattern of its attempts to influence outcomes in the region, writes Spengler By David P. Goldman Remarkably little comment attended the strangest outcome of Saudi King Salman’s four-day visit to Moscow in early October, namely Russia’s … Continue reading Russia emerging as new player in Middle East balance of power

World’s Largest Investment Fund to Exit Oil Stocks

The world’s largest investment fund is on the brink of dumping its petrochemical assets   Norway's Sovereign Wealth Fund, the largest investment portfolio on the planet by a wide margin, is set to divest any and all interests in the extraction, processing and sale of fossil fuels, an announcement that has stunned financial markets around the globe. Said to contain some $35 … Continue reading World’s Largest Investment Fund to Exit Oil Stocks