The on-again, off-again meeting between President Donald Trump and North Korean leader Kim Jong-un has been an emotional roller coaster for South Koreans, who now await Tuesday's historic summit with both hope and doubt.The hope is that improved relations between Washington and Pyongyang will ease tensions and dispel the threat of war, which has hung over the region for more than a half-century.But having seen North Korea go back on its word in the past, such as when it broke a previous nuclear

　India is expected to be the fastest growing economy in Asia at 7.3 percent growth in 2018, according to the World Bank.　Boasting one of the world’s youngest workforce, India is projected to be the fastest growing economy in Asia in 2018. The country’s growth rate this year is estimated to beat other Asian economies, including that of rival China.　Bhutan, one of the world’s smallest countries with limited access to global markets, is projected to have the second fastest economy in Asia. The coun

SAN JOSE, CA -- Apple will offer more ways for people to limit the time they spend on iPhones while introducing features designed to make its products even more indispensable.The paradox emerged Monday as Apple executives previewed new versions of free software due out this fall.The forthcoming controls are aimed at addressing criticism that devices are becoming increasingly addictive and distracting, especially for children. Experts worry that all the flashy colors and beeps give users short-te

An anonymous bidder has agreed to pay $3,300,100 at auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. The winning bid came near the end of a five-day online auction on eBay to benefit the Glide Foundation, a San Francisco charity that serves people who are poor, homeless or battling substance abuse. It was the third highest price in the 19 years Buffett has offered lunch, near the record $3,456,789 bid in both the 2012 and 2016 auctions. Thi

　Amazon CEO Jeff Bezos is the most powerful CEO in the world, according to a list by Forbes. 　Larry Page, CEO of Google's parent company Alphabet, ranked second, followed by Facebook's Mark Zuckerburg and Warren Buffett.　Jack Ma, chairman and founder of Chinese e-commerce giant Alibaba, was named the most powerful Asian chief executive this year, taking sixth place. 

　Walmart topped the Fortune 500 list for the sixth straight year and Amazon made the Top 10 for the first time. 　The 64th annual Fortune 500 list ranks America’s largest companies, representing two-thirds of the US gross domestic product with $12.8 trillion in revenue. The companies on the list employ more than 28 million people.　Exxon Mobil and Berkshire Hathaway ranked No. 2 and No. 3 on the list with $244 billion and $242 billion each in annual revenue, respectively. 　The e-commerce giant run

　Car sales in the top European markets rose sharply in April, statistics showed Thursday, confounding fears that a slowdown in the eurozone's recovery might put the brakes on the continent's vehicle industry.　“In April 2018, the EU passenger car market showed a strong return to growth (+9.6%) after demand declined in March,” the European Automobile Manufacturers Association said in a statement.　The Spanish car market grew the fastest - by 12.3 percent - followed by the UK at 10.4 percent, France

BRUSSELS, May  21, 2018 (AFP) - Facebook chief Mark Zuckerberg has agreed to live-stream his meeting with European Parliament members as he answers questions in the wake of the Cambridge Analytica scandal, a top official said Monday.The meeting on Tuesday with the parliament’s most senior members was initially set to be held behind closed doors.But influential MEPs had pushed for a public hearing following the worst crisis in Facebook‘s history.“I have personally discussed with Facebook CEO Mr Z

　There is widespread interest about autonomous vehicles in India, Malaysia, China and South Korea, according to a survey by IPSOS in selected countries.　The poll results show that 58 percent of global respondents were curious about the technology, but 13 percent swore they would never use it. Thirty percent reported their excitement.　India, which records the highest number of road deaths across the globe, has the most people excited about self-driving cars. While 1 in every 10 road deaths is rep

Can a hamburger or steak be labeled "meat" if it is plant-based? That question has sparked a debate about US food labels as key US cattle industry players have sought to crack down on marketing of proteins made from soy and other plant-based substances. Jessica Almy, policy director of the non-profit Good Food Institute, which promotes meat-alternatives, said labels must state clearly if a product is made from soy or another plant, but they usually make sense in context. "Regardless of

With Facebook confronting calls to do more to protect user privacy as well as existential questions about its purpose in life, the company naturally used its F8 summit last week as an opportunity to cultivate an image as a less creepy presence in our daily lives.No, wait, never mind: Facebook announced it is launching an online dating service. The creatively named Dating application will let Facebook users create special profiles to employ in their quests for love and romance. Users who opt into

Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases.“Inflation on a 12-month basis is expected to run near the committee’s symmetric 2 percent objective over the medium term,” the policy-setting Federal Open Market Committee said in a statement Wednesday in Washington. “The committee expects that economic conditions will evolve in a manner that will warrant

Don’t call Goldman Sachs Group Inc.’s long-awaited Bitcoin-trading business a full-fledged desk, and don’t expect it to buy and sell Bitcoins, at least at first.The bank, preparing to pioneer a new cryptocurrency market on Wall Street, plans to start small and offer a limited number of derivatives, according to a person briefed on the decisions. It will trade Bitcoin futures in a principal, market-making capacity and will also create non-deliverable forward products. (Yonhap)Wall Street firms be

　Samsung Electronics was named the fifth-most admired firm in Canada, an industry tracker said, recovering its reputation tainted by the suspended production of the Galaxy Note 7 in 2015.　According to the report announced by Canadian researcher Leger, Samsung Electronics earned a reputation score of 75 to rank at 5th place in the 2018 Ranking of Canada‘s Most Admired Companies.　US IT giant Google topped the list, followed by Canada’s Shoppers Drug Mart and Canadian Tire. Japan‘s Sony ranked at 4

Facebook CEO Mark Zuckerberg told lawmakers that regulation of his company is "inevitable," but still came to Capitol Hill prepared to defend against proposals he thought went too far. He rarely had to. After about 10 hours of hearings on Tuesday and Wednesday, markets rallied and privacy advocates were disappointed at the prospect that Facebook appeared to emerge unscathed, left to its own devices to manage how it collects vast amounts of personal data and handles user privacy."This is still ve