North koreas foreign minister describe President Trumps recent assertion that its leadership would not be around much longer as a declaration of war, and said pyongyang now had the right to shoot down american bombers even outside north korean airspace. The white house described that interpretation as absurd. Heres foreign minister ri translation this is clearly a declaration of war. All the Member States participating in the united nations, and the whole world, should clearly remember that it was first the United States that has declared war on our country. The un charter stipulates individual Member States right to self defence. Since the us declared war on our country, we have every right to take countermeasures, including shooting down us strategic bombers, even when theyre not yet inside the air space border of our country. The question of who wont be around much longer will be answered then. The white house had its regular press briefing not long afterwards and a reporter put the
Weedkillertroversial glyphosate back in the headlines. Stateste today, eu failed to agree on how to renew it. Also coming up, barack obama gets called in for jury duty. More on the crazy scenes in chicago on the way. In business, an 18thcentury capital is up for sale after decades of restoration by her admirer. That is coming up, but first, our top story live from paris. Jeannie donald trump is on day two of his china trip. He and the chinese president xi jinping have been focusing on the nuclclear crisis s from norh korea and trade. The business wraps up with a state dinner tonight. For more now, i am joined live. It seems like President Trump wanted to give the image that their leaders are on the same page. Is that really what is happening there today . Yes, in front of the cameras, the press, both leaders wanted to say they are ironed out there differences and had fruitful talks. Hadident trump said he great chemistry and tweeted he had been very helpful. Im sorry, go ahead. Virgine
Rishaad asia stocks under pressure, but Global Equities are at record highs. Lets bring up chart 5892. Ly is all amid this extreme low volatility. It is the worlds best regional rally in turquoise. The 60 day volatility in the white line has dropped 5. 9 to the lowest since 1988. In line with u. S. And europe, and the vix markets hitting new lows. The calm, but no storm, at least for the time being. Pause. May be a muted at lofty highs when it comes to emerging markets in asia, japan in particular. I dont think you can blame investors for taking a breather. Lets get it over to sophie with 30 market reaction. Sophie we have corporate earnings perhaps giving impetus to profit taking for japanese investors given those highs. Leadingei 225 benchmarks in asia lower here it asian stocks falling for a second session. I want to highlight the currencies space. The korean won leading losses as importers why dollars. B. N. P. Paribas says it is better late than never to buy the currency as cyclic
A bumpy road for toyota . The worlds second largest carmaker is expected to to report shrinking profits as the us market slows down. On the farm in the us we assess the impact of President Trumps policies in an industry that relies on migrant workers, even the undocumented ones. Welcome to World Business report. Im sally bundock. In a minute well itroduce you to the First American 800 billion company. We start with the worlds second biggest carmaker toyota it will report its latest set of Financial Results in just a few hours. The japanese car giant is expected reveal its had a tough quarter with operating profits falling by 30 . The key reason being a slowdown in the United States taking its toll on the business this year. This follows a record year there last year when carmakers sold 17. 6 million vehicles in the us. But it would seem, at least for now, the winning run is coming to an end in toyotas biggest market. Compared to the same period last year, the company has experienced a
The carekorea institute hosted event. Good afternoon. Id like to thank you all for coming. As you know, this past fall south korea went through a process that ultimately led to early this winter the impeachment. Former President Park geunhye, which led to a snap election in south korea. Weve gone through that election and moon jaein has become the president of south korea. Because of the nature of this election, he has no transition period and he immediately assumes office in south korea. We are very fortunate today to talk about how this election will impact u. S. Career relations, policy towards north korea, economic relations between our two countries as well as a series of other import ant issues. Were very fortunate to have knowledgeable individuals and with the korea times and nikkei review here in washington. We have Bruce Clinger from the Heritage Foundation and former assemblyman song hochong. For further information on all our speakers, you have their bios with you as well. T