SEOUL — North Korea demolished the two Koreas’ joint liaison office in the border city of Kaesong on Tuesday, in a further blow to South Korea President Moon Jae-in’s drive for reconciliation between the two countries that are still technically at war. The escalation comes amid stalled denuclearization negotiations between […]
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Qantas to exit Vietnam joint venture amid coronavirus slump
HANOI — Australian flag carrier Qantas Airways said Monday that it is leaving its joint venture with Vietnam Airlines amid growing headwinds from the coronavirus outbreak. Qantas currently owns 30% of Vietnamese budget carrier Jetstar Pacific Airlines. Sources familiar with the matter say the Australian carrier is in talks to sell the […]
US and allies blast Hong Kong security law in joint statement
NEW YORK — The U.S., Australia, the U.K. and Canada expressed “deep concern” on Thursday over Beijing’s approval of a national security law on Hong Kong, seen as a major erosion to the city’s autonomy from the mainland. “Hong Kong has flourished as a bastion of freedom,” a joint statement said. “The international community has a […]
Renault pulls out of China joint venture as auto outlook darkens
TOKYO — Renault has ended its joint venture with its Chinese carmaking partner, a day after China’s leading state-owned automaker gave an unusually bearish outlook in a sign that the country is struggling to shrug off the economic impact of the coronavirus outbreak. The move by Renault and the forecast […]