Business


Russian, South Korean presidents hold telephone conversation

Mr Moon has adopted a more conciliatory tone towards the North - backing diplomatic engagement and suggesting he could visit Pyongyang for talks. The Chinese President released a statement yesterday congratulating Moon on his victory, Chinese foreign ministry spokesperson Geng Shuang told media in a press conference yesterday.



UK Struggles to Restore Hospital Computer Systems after Global Cyberattack

The government says several Spanish companies have been targeted in ransomware cyberattacks. In Britain, the National Cyber Security Center said it is "working round the clock" with experts to restore vital health services. The problem appeared to begin Friday morning, when hospitals in the United Kingdom were crippled by a large-scale cyberattack that forced operations to be canceled and ambulances to be diverted.



China tests new missile in Bohai Sea: Ministry

The statement did not say when the launch took place, only that it happened "recently". China has invested heavily in both ballistic and cruise missiles. The missile test was carried amid China's vociferous protests over THAAD interceptor missiles in South Korea, whose powerful radars could see through most of part of China including its missile development programme.


Bank of England's Carney likely to stress virtue of patience

Bank of England's Carney likely to stress virtue of patience

Policymakers on the Monetary Policy Committee (MPC) kept interest rates on hold at 0.25% as they nudged down the growth forecast to 1.9% for 2017 from 2% in February after a sharp slowdown in the first three months of the year. This, in turn, implies a rate hike somewhere along the line. But the Bank's take on the temperature of the economy is more than a one year analysis.


Crusaders still unbeaten, Kings surprise again

Crusaders still unbeaten, Kings surprise again

A Matt Todd try after 51 minutes proved the decisive score while Richie Mo'unga's goal-kicking kept the scoreboard ticking over for the home side in hard conditions. Yet, despite all their huffing and puffing, neither side could execute the inch-perfect play necessary to unlock their opponent. But the pressure eventually paid off and in the most Crusaders-esque way possible, in the 51st minute.


Mnuchin: US partners more comfortable with Trump on trade

Mnuchin: US partners more comfortable with Trump on trade

Finance ministers and central bank governors from the United States, Canada, Japan, France, Germany, Italy and Britain met in the Italian city of Bari to discuss the world economy, combating terrorist funding, cyber security and taxes. Mnuchin said "this is a big priority for the president". Trade was kept off the official agenda during the meeting. The finance meeting paves the way for a meeting of national leader in Sicily May 26-26.